Goldensun Peace Ministries
- Assets
- $1.3m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 50
- Location
- Glendale, AZ
- Founding
- 10/2005
- Data as of
- 12/2022
- EIN
- 33-1092977
Organization Overview
Goldensun Peace Ministries is located in Glendale, AZ. The organization was established in 2005. According to its NTEE Classification (P73) the organization is classified as: Group Homes, under the broad grouping of Human Services and related organizations. As of 12/2022, Goldensun Peace Ministries employed 50 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Goldensun Peace 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 12/2022, Goldensun Peace Ministries generated $1.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $1.2m during the year ending 12/2022. While expenses have increased by 6.4% per year over the past 6 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
GOLDENSUN IS A NONPROFIT, FAITH-BASED COMMUNITY SERVING 15 ADULTS WITH DEVELOPMENTAL DISABILITIES RESIDING IN A NEIGHBORHOOD ON WEST VISTA AND WEST ORANGEWOOD NEAR 45TH AVENUE IN GLENDALE, ARIZONA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ACHIEVEMENTS MADE DURING THIS CALENDAR YEAR RESULTED IN ASSISTING OUR CLIENTS TO BECOME SELF-SUFFICIENT IN THEIR EVERY DAY LIVES IN A HOME.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Prochelo President & CEO | OfficerTrustee | 19 | $39,803 |
Diane Yoder Director | Trustee | 5 | $0 |
Marlin Hershberger Director | Trustee | 20 | $0 |
Leslee Miele Secretary | OfficerTrustee | 5 | $0 |
Becky Donithan Director | Trustee | 2 | $0 |
Teresa Goering Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $171,899 |
| All other contributions, gifts, grants, and similar amounts not included above | $153,167 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $325,066 |
| Total Program Service Revenue | $1,071,972 |
| Investment income | $5 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,398,898 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $39,803 |
| Compensation of current officers, directors, key employees. | $7,961 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $846,019 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $8,398 |
| Payroll taxes | $66,253 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $18,102 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $20,100 |
| Office expenses | $14,720 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $111,715 |
| Travel | $2,196 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $15,329 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $44,156 |
| Insurance | $29,689 |
| All other expenses | $77 |
| Total functional expenses | $1,245,566 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $116,661 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $3,049 |
| Net Land, buildings, and equipment | $1,138,276 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,257,986 |
| Accounts payable and accrued expenses | $0 |
| 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 | $393,839 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $393,839 |
| Net assets without donor restrictions | $0 |
| 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 | $864,147 |
| Total liabilities and net assets/fund balances | $1,257,986 |