Seekers Point Ministry
- Assets
- $3.7m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Hammond, LA
- Founding
- 06/2011
- Data as of
- 12/2023
- EIN
- 26-4758297
Organization Overview
Seekers Point Ministry is located in Hammond, LA. The organization was established in 2011. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Seekers Point 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 12/2023, Seekers Point Ministry generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.3% each year . All expenses for the organization totaled $967.8k during the year ending 12/2023. While expenses have increased by 5.8% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO BRIDGE THE GAP BETWEEN THE LOCAL CHURCH AND MINISTERING TO THE WORLD BY PLACING PEOPLE IN STRATEGIC LOCATIONS TO DO A WIDE RANGE OF EVANGELISTIC PROJECTS, INCLUDING BUT NOT LIMITED TO, BUILDING PROJECTS, FOOD DISTRIBUTION, CLOTHING DISTRIBUTION, MEDICAL MISSIONS AND EVANGELISTIC CRUSADES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ASSIST WITH MISSIONARY WORK AND HUMANITARIAN RELIEF ON A GLOBAL SCALE AS WELL AS WITHIN THE UNITED STATES OF AMERICA. THE VARIOUS MISSION AND RELIEF WORK IS AS FOLLOWS:-UPSTREAM COLLECTIVE - BUSINESS PLATFORM FOR MISSION WORK IN SPAIN-HURRICANE RELIEF FOR TANGIPAHOA PARISH, LA-OUR DAILY BREAD - LOCAL FOOD BANK-RESTORATION HOUSE AND WOMEN'S LIFE MINISTRIES - CRISIS PREGNANCY CENTERS-FOSTER CARE PROGRAM - TANGIPAHOA PARISH-MEXICO MISSION WORK - TREY AND ASHLEY FULLER AND CAPITAL CITY CHURCH-LOCAL MINISTRY NEEDS FOR THE COMMUNITY SUCH AS: RENTAL ASSISTANCE, UTILITY BILLS, MEDICAL NEEDS, HOUSE REPAIRS, FUNERAL SERVICES, HOMELESS HOUSING SUPPORT, AND CAR REPAIRS.
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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 | $1,140,834 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,140,834 |
| Total Program Service Revenue | $0 |
| Investment income | $3,602 |
| 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 | $1,144,436 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $122,800 |
| Compensation of current officers, directors, key employees. | $40,524 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $180,304 |
| Pension plan accruals and contributions | $2,040 |
| Other employee benefits | $0 |
| Payroll taxes | $15,674 |
| 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 | $10,087 |
| Advertising and promotion | $3,558 |
| Office expenses | $1,576 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $73,706 |
| Insurance | $0 |
| All other expenses | $242,873 |
| Total functional expenses | $967,832 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $308,639 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $3,430,120 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,738,759 |
| Accounts payable and accrued expenses | $0 |
| 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 | $3,443,495 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,165 |
| Total liabilities | $3,446,660 |
| Net assets without donor restrictions | $292,099 |
| 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 | $3,738,759 |