Stronghold Ministry
- Assets
- $316.3k
- Revenue
- $334.4k
- Investments
- $0.0
- Employees
- 3
- Location
- Dallas, TX
- Founding
- 06/2008
- Data as of
- 12/2022
- EIN
- 26-1656081
Organization Overview
Stronghold Ministry is located in Dallas, TX. The organization was established in 2008. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2022, Stronghold Ministry employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stronghold Ministry is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Stronghold Ministry generated $334.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $389.1k during the year ending 12/2022. While expenses have increased by 7.4% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF STRONGHOLD MINISTRY IS TO REACH CANCER PATIENTS, THEIR NETWORKS, OTHERS IN LIFE CRISIS WITH LOVE, COMFORT, THE GOOD NEWS OF JESUS CHRIST.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STRONGHOLD MINISTRY SENT 3068 GIFT BASKETS FREE OF CHARGE TO CANCER PATIENTS IN 2022. CONTENTS INCLUDE A LARGE CANVAS TOTE 3 BOOKS ON COPING WITH CANCER BY CO-FOUNDERS, JOE TERRI FORNEAR 2 WRISTBANDS AND A 15 WALMART GIFT CARD. OUR COST FOR EACH BASKET IS APPROXIMATELY 50 RETAIL VALUE 100. WE HAVE SENT THESE GIFT BASKETS TO ALL 50 STATES AND 40 45 COUNTRIES, JUST UNDER 23,000 IN 13 YEARS.
EMAIL AND FACEBOOK CORRESPONDENCE - OUR EXECUTIVE DIRECTOR JOE FORNEAR SPENT AN AVERAGE OF 3 TO 4 HOURS PER DAY RESPONDING TO EMAIL AND FACEBOOK CORRESPONDENCE FROM A POOL OF APPROXIMATELY 23,000 CANCER PATIENTS WE HAVE CONNECTED WITH OVER 13 YEARS. PHONE CALLS - WE AVERAGED 8-10 CALLS PER WEEK FROM CANCER PATIENTS OR CARETAKERS WHO ASK FOR SUPPORT. WE HAVE A MONTHLY EMAIL NEWSLETTER CALLED, IN HIS GRIP, WHICH IS SENT TO 13,500 CANCER PATIENTS AND CARETAKERS EACH MONTH. WE ALSO POST THESE EMAILS AS BLOG POSTS ON OUR WEBSITE - WWW.MYSTRONGHOLD.ORG/BLOG/. MANY PATIENTS AND CARETAKERS RESPOND TO THESE EMAILS FOR FURTHER HELP, PRAYER, AND SUPPORT. HOSPITAL AND HOME VISITS UPON REQUEST.
SUPPORT GROUP LIFE COACHING MEETINGS - WE ARE SPEAKERS AND SUPPORT GROUP LEADERS AT SEVERAL CANCER AND SUPPORT GROUP MEETINGS IN THE DALLAS AREA. WE HAVE SPOKEN OR PARTICIPATED IN SUPPORT GROUPS OF VARIOUS OTHER CANCER ORGANIZATIONS, GROUPS RELATED TO LOCAL HOSPITALS AND CHURCHES. WE HOLD TWO WEEKLY WOMENS SUPPORT AND LIFE COACHING MEETINGS. IN 2022, WE TRAINED 10 LIFE COACHES AND HAD 400 DISCOUNTED SERVICE LIFE COACHING SESSIONS. PRAYER MEETINGS - WE HOSTED MONTHLY ONLINE PRAYER MEETINGS TO SUPPORT AND PRAY FOR PEOPLE WITH CANCER. ALSO A WEEKLY MENS PRAYER MEETING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joe Fornear Executive Director | OfficerTrustee | 50 | $42,880 |
Scott Hughes President | OfficerTrustee | 1 | $0 |
Stewart Maxwell Vice President | OfficerTrustee | 2 | $0 |
Morgan Davis Treasurer | OfficerTrustee | 5 | $0 |
Katie Joy Irwin Secretary | OfficerTrustee | 2 | $0 |
Lindsey Duncan Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $305,129 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $305,129 |
| Total Program Service Revenue | $29,002 |
| Investment income | $278 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $334,409 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,000 |
| Grants and other assistance to domestic individuals. | $86,329 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $92,988 |
| Compensation of current officers, directors, key employees. | $23,247 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $127,757 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $10,802 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,644 |
| Advertising and promotion | $3,283 |
| Office expenses | $35,290 |
| Information technology | $6,198 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $6,000 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,512 |
| All other expenses | $0 |
| Total functional expenses | $389,145 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $40,566 |
| Savings and temporary cash investments | $273,230 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,500 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $316,296 |
| Accounts payable and accrued expenses | $5,189 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $5,189 |
| Net assets without donor restrictions | $311,107 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $316,296 |