Steve Gray Ministries Inc is located in Lees Summit, MO. The organization was established in 2007. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 08/2023, Steve Gray Ministries Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Steve Gray 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 08/2023, Steve Gray Ministries Inc generated $39.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (33.4%) each year. All expenses for the organization totaled $248.8k during the year ending 08/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE GOSPEL OF JESUS CHRIST THROUGH TEACHING PEOPLE WORLDWIDE THE BIBLICAL PRINCIPLES OF THE KINGDOM OF GOD AND OF REVIVAL OF SUCCESSFUL CHRISTIAN LIVING; THIS IS ACCOMPLISHED THROUGH THE USE OF TELEVISION, INTERNET, CAMPAIGNS, CONVENTIONS, BOOKS, MAGAZINES, TAPES, RECORDINGS, AND PERSONAL CORRESPONDENCE.
Describe the Organization's Program Activity:
OUTREACH TO THE NATIONS THROUGH THE PRODUCTION AND DISTRIBUTION OF PHYSICAL AND DIGITAL RESOURCES (MUSIC, BOOKS, DIGITAL MEDIA) TO SPREAD THE GOSPEL, BOTH THROUGH PHYSICAL AND ONLINE OUTLETS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Steven J Gray President | OfficerTrustee | 25 | $57,200 |
Kathy S Gray Secretary | OfficerTrustee | 20 | $44,687 |
Rebecca Hill Director | Trustee | 1 | $0 |
Eric Thomason Director | Trustee | 1 | $0 |
Brooke Vierra Director | Trustee | 1 | $433 |
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 | $6,129 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $6,129 |
Total Program Service Revenue | $0 |
Investment income | $33,458 |
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 | $22 |
Miscellaneous Revenue | $0 |
Total Revenue | $39,609 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $770 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $101,400 |
Compensation of current officers, directors, key employees. | $15,210 |
Compensation to disqualified persons | $13,000 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $8,649 |
Fees for services: Management | $0 |
Fees for services: Legal | $57,367 |
Fees for services: Accounting | $1,111 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $32,967 |
Advertising and promotion | $4,059 |
Office expenses | $17,545 |
Information technology | $0 |
Royalties | $235 |
Occupancy | $34 |
Travel | $3,420 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,475 |
Interest | $86 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $919 |
Insurance | $1,983 |
All other expenses | $0 |
Total functional expenses | $248,838 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $240,969 |
Savings and temporary cash investments | $820,098 |
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 | $38,379 |
Inventories for sale or use | $14,419 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $7,515 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $6,000 |
Total assets | $1,127,380 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $797 |
Total liabilities | $797 |
Net assets without donor restrictions | $1,126,583 |
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 | $1,127,380 |