Vanguard Ministries Inc is located in Cantonment, FL. As of 12/2023, Vanguard Ministries Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vanguard 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 12/2023, Vanguard Ministries Inc generated $458.4k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 43.4% each year . All expenses for the organization totaled $406.5k during the year ending 12/2023. 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 BE A FRONTLINE MINISTRY AND A HOLY PROVOCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
VANGUARD MINISTRIES EXISTS TO BE A FRONTLINE MINISTRY. WE WANT TO BE A HOLY PROVOCATION; TO PROVOKE THE CHURCH TOWARD REVIVAL AND THE LOST TOWARD REPENTENCE. THE ORGANIZATION SPOKE AT SEVERAL CHURCHES, CONFERENCES, AND OUTDOOR EVENTS. THE ORGANIZATION ORGANIZED ONLINE SCHOOLS WHERE DISCIPLESHIP AND A VARIETY OF SUBJECTS WERE TAUGHT. THE ORGANIZATION ENGAGED IN HUMANITARIAN OUTREACH, PREDOMINANTLY VARIOUS ACTIVITIES TO FIGHT HUMAN TRAFFICKING.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Lydia Marrow Vice Pres/di | OfficerTrustee | 40 | $64,050 |
Nathan Marrow Pres/tres/se | OfficerTrustee | 40 | $61,368 |
Richard Barker Director | Trustee | 1 | $0 |
Kimberley Searles Director | Trustee | 1 | $0 |
Keith Taylor Director | Trustee | 1 | $0 |
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 | $415,737 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $415,737 |
Total Program Service Revenue | $396 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $3,815 |
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 | $37,641 |
Miscellaneous Revenue | $0 |
Total Revenue | $458,446 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $5,300 |
Grants and other assistance to domestic individuals. | $551 |
Grants and other assistance to Foreign Orgs/Individuals | $12,959 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $125,418 |
Compensation of current officers, directors, key employees. | $13,342 |
Compensation to disqualified persons | $98,500 |
Other salaries and wages | $14,500 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $9,509 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $2,633 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $5,514 |
Advertising and promotion | $21,551 |
Office expenses | $38,056 |
Information technology | $753 |
Royalties | $0 |
Occupancy | $8,527 |
Travel | $35,586 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $4,070 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $3,863 |
Insurance | $8,187 |
All other expenses | $0 |
Total functional expenses | $406,531 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $66,984 |
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 | $72,931 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $19,421 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $159,336 |
Accounts payable and accrued expenses | $2,893 |
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 | $2,893 |
Net assets without donor restrictions | $156,443 |
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 | $159,336 |