Sought Out Ministries
- Assets
- $10.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mukilteo, WA
- Founding
- 06/2014
- Data as of
- 12/2021
- EIN
- 27-4541200
Organization Overview
Sought Out Ministries is located in Mukilteo, WA. The organization was established in 2014. According to its NTEE Classification (X11) the organization is classified as: Single Organization Support, 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. Sought Out Ministries 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 12/2021, Sought Out Ministries generated $16.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (11.1%) each year. All expenses for the organization totaled $16.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (14.6%) per year over the past 7 years. 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
2021
Describe the Organization's Program Activity:
Part 3
RELIGIOUS MEETINGS AND RADIO BROADCASTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Herb Marks President | 20 | $3,000 | |
Bethany Marks Vice President | 25 | $3,000 | |
Christa Pitcarin Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,352 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $16,353 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $6,469 |
| Professional fees and other payments to independent contractors | $3,791 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $263 |
| Other expenses | $6,168 |
| Total expenses | $16,691 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $9,430 |
| Other assets | $0 |
| Total assets | $10,792 |
| Total liabilities | $1,469 |
| Net assets or fund balances | $9,323 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Sought Out Ministries has recieved totaling $44.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $44 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United Vision Foundation Seattle, WA | $20,255,366 | $508,332 |
Eliot Institute Seattle, WA | $220,714 | $454,075 |
St Sophia Greek Orthodox Church Bellingham, WA | $450,454 | $307,725 |
Samuel Israel Foundation Seattle, WA | $915,871 | $44 |
New Leaf Ministries Inc Emmett, ID | $55,171 | $212,969 |
Endowment Fund Of Zion Lutheran Church Of Portland Oregon Portland, OR | $3,373,282 | $426,776 |
Partnering For Mexico City Bainbridge Island, WA | $115,789 | $0 |
Friends Of Lively Christian Fellowship Southworth, WA | $8,778 | $0 |
Church Builders Incorporated Boise, ID | $16,980 | $0 |
Sisters Of St Francis Of Perpetual Adoration St Joseph Province Trust Seattle, WA | $14,525,263 | $2,475,168 |
First Unitarian Church Of Portland Foundation Portland, OR | $2,192,570 | $188,856 |
Craig & Rebecca Groves Foundation Boise, ID | $1,017,780 | $65,685 |