Kbc Ministries Inc

Organization Overview

Kbc Ministries Inc is located in Spring, TX. The organization was established in 2011. According to its NTEE Classification (Q12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2022, Kbc Ministries Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kbc Ministries Inc 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, Kbc Ministries Inc generated $2.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 25.2% each year . All expenses for the organization totaled $1.4m during the year ending 12/2022. While expenses have increased by 22.1% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

SUPPORT ORGANIZATION FOR KISHINEV BIBLE CHURCH AND CHRISTIAN SEMINARY IN CHISINAU, MOLDOVA INCLUDES GENERAL SUPPORT, PROGRAMS FOR CHILDREN, MEDICAL SUPPLIES AND FINANCIAL AND OTHER SUPPORT NEEDS FOR UKRAINIAN REFUGEE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THIS IS A SUPPORT ORGANIZATION FOR KISHENEV BIBLE CHURCH, SEMINARY AND MISSIONARIES IN THE CITY OF CHISINAU, MOLDOVA, AND UZBEKISTAN, FORMER RUSSIAN TERRITORIES. ALL INCOME IS FROM PUBLIC CONTRIBUTION AND ALL FUNDS EXCEPT FOR SOME U.S. MANAGEMENT EXPENSES ARE SENT TO THE CHURCH AND SEMINARY AND MISSIONARIES IN MOLDOVA AND OTHER PARTS OF EASTERN EUROPE. FOR THE YEAR 2022 MUCH OF THE FUNDS TRANSFERRED WERE USED IN SUPPORT OF UKRAINIAN REFUGEES COMING THROUGH MOLDOVA. THIS WAS FOR FOOD, CLOTING AND TRANSPORTATION COSTS. SOME OF THE SUPPORT OF UKRAINIAN REFUGEES CONTINUTES. ALL ORGANIZATIONS ARE RECOGNIZED BY THE GOVERNMENTS AS NGO'S.


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Board, Officers & Key Employees

Name (title)Compensation
Cliff Oliver
Director
$32,000
Thomas Schoeneck
Director
$0
Carroll Ray Jones
Director
$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$2,110,023
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,110,023
Total Program Service Revenue$0
Investment income $0
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 $2,110,023

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