Isaiah Ministry
- Assets
- $94.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Clayton, NC
- Founding
- 12/2010
- Data as of
- 12/2022
- EIN
- 27-1858125
Organization Overview
Isaiah Ministry is located in Clayton, NC. The organization was established in 2010. According to its NTEE Classification (O30) the organization is classified as: Adult & Child Matching Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Isaiah 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, Isaiah Ministry generated $89.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $78.0k during the year ending 12/2022. While expenses have increased by 4.1% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ISAIAH MINISTRY IS A CHRISTIAN FAITH-BASED ORGANIZATION WHICH MINISTERS TO AT-RISK CHILDREN, YOUTH AND FAMILIES IN MANAGUA, NICARAGUA. THE ISAIAH MINISTRY FACILITATES NUTRITIONAL AND EDUCATIONAL PROGRAMS, AS WELL AS BIBLE STUDIES AND OTHER HUMANITARIAN PROJECTS.
Describe the Organization's Program Activity:
Part 3
THE ISAIAH MINISTRY PROVIDED POOR CHILDREN OF MANAGUA, NICARAGUA AN OPPORTUNITY TO RECEIVE A BASIC EDUCATION. THE MINISTRY PROVIDED AN EDUCATIONAL TUTORING PROGRAM FOR PRIMARY SCHOOL AGED CHILDREN.
THE ISAIAH MINISTRY PROVIDED DISENFRANCHISED, POOR CHILDREN AND FAMILIES OF MANAGUA, NICARAGUA WITH PROPER FOOD AND NUTRITION. 50 CHILDREN AND ADULTS WERE FED A BALANCED MEAL TWICE DAILY, FIVE TIMES A WEEK.
THE ISAIAH MINISTRY PROVIDED INDIVIDUAL GRANTS AND FINANCIAL ASSISTANCE TO NEEDY FAMILIES IN MANAGUA, NICARAGUA AND TUITION ASSISTANCE TO SEVERAL COLLEGE STUDENTS FOR UNIVERSITY TUITION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Folsom Treasurer | 1 | $0 | |
Wesley Buchta Secretary | 1 | $0 | |
Ryan Moore Vice Chairman | 1 | $0 | |
Samuel Olberding Ministry Consultant | 1 | $0 | |
Michael Thomas Folsom Jr Chairman And Director | 60 | $21,392 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $89,796 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $89,796 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $21,392 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $12,657 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $43,945 |
| Total expenses | $77,994 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $94,068 |
| Other assets | $0 |
| Total assets | $94,068 |
| Total liabilities | $0 |
| Net assets or fund balances | $94,068 |