Psalm One Ministries is located in Mason, OH. The organization was established in 2001. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., 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. Psalm One 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 12/2023, Psalm One Ministries generated $93.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $72.1k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
RELIGIOUS TRAINING SEMINARS: 1) 46 BIBLE STUDIES WITH AVERAGE WEEKLY ATTENDANCE OF 15 2) 3 OFFSITE SEMINARS FOR 30 PEOPLE (DEEPER JOURNEY) 3) 1 ONLINE TEACHING FOR 500 4) 25 ONLINE BIBLE STUDIES FOR PASTOR'S WIVES WITH AVERAGE WEEKLY ATTENDANCE OF 9
SPIRITUAL FORMATION 1) 2 OFF-SITE 3 DAY LEADERSHIP & SPIRITUAL RETREATS 24 PEOPLE 2) 1 OFF-SITE 3 DAY SPIRITUAL RETREAT FOR 10 PEOPLE 3) 4 CHURCHES WITH 49 BAPTISMS
SPIRITUAL ASSISTANCE: 1) 100 EMAIL NEWSLETTERS/INVITATIONS TO OVER 2500 PEOPLE 42,000 CONTACTS 2) 20 EMAILS WEEKLY FOR GUIDANCE, FOLLOW UP - OVER 1000 CONTACTS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
James Eschenbrenner Board Member / Trustee | 1 | $0 | |
Aaron Mansfield Board Member / Trustee | 1 | $0 | |
Constance D Rogers Treasurer / Trustee | 5 | $0 | |
Linda Kline Director Director | 40 | $50,804 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $93,111 |
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 | $93,111 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $54,820 |
Professional fees and other payments to independent contractors | $6,681 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $237 |
Other expenses | $10,386 |
Total expenses | $72,124 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $57,916 |
Other assets | $0 |
Total assets | $57,916 |
Total liabilities | $549 |
Net assets or fund balances | $57,367 |