Frederick Ministries Inc is located in Grayson, KY. The organization was established in 2000. According to its NTEE Classification (X20) the organization is classified as: Christianity, 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. Frederick 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 12/2021, Frederick Ministries Inc generated $98.7k 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 (3.2%) each year. All expenses for the organization totaled $83.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.9%) 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
WORSHIP SERVICE IN VARIOUS LOCATION IN THE EASTERN UNITED STATE WITH MUSICAL PREFORMANCE AND BIBLE STUDIES.. SERVICES PROVIDED TO OVER 4000 PEOPLE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Danile Fredrick President | 40 | $40 | |
Regina Fredrick Sec/treas | 20 | $0 | |
Paul Crabb Chariman | 0 | $0 | |
Weyman Mcguire Vice Chairman | 0 | $0 | |
Jerry Hall Board Member | 0 | $0 | |
Hank Arms Board Member | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $98,651 |
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 | $98,651 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $28,382 |
Salaries, other compensation, and employee benefits | $2,500 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $16,893 |
Printing, publications, postage, and shipping | $4,903 |
Other expenses | $30,692 |
Total expenses | $83,370 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $106,950 |
Other assets | $0 |
Total assets | $106,950 |
Total liabilities | $0 |
Net assets or fund balances | $106,950 |
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