Christian Ministries Foundation Inc
- Assets
- $2.5m
- Revenue
- $416.8k
- Investments
- $0.0
- Employees
- 1
- Location
- Brunswick, GA
- Founding
- 06/1992
- Data as of
- 12/2021
- EIN
- 36-2606232
Organization Overview
Christian Ministries Foundation Inc is located in Brunswick, GA. The organization was established in 1992. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Christian Ministries Foundation 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, Christian Ministries Foundation Inc generated $416.8k 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 (11.7%) each year. All expenses for the organization totaled $679.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (9.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Christian Ministries Foundation Inc has awarded 146 individual grants totaling $3,300,721. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
CMFI PROVIDES PLANNING AND TRUST ADMINISTRATION FOR OTHER CHRISTIAN MINISTRIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THERE ARE 650 ORGANIZATIONS THAT CMFI HAS PERFORMED A DUE DILIGENCE ON AND HAVE/OR WILL RECEIVE GRANTS FROM CMFI. 41 ORGANIZATIONS ACTUALLY RECEIVED GRANTS, SOME ORGANIZATIONS WILL RECEIVE GRANTS IN THE FUTURE WHEN CONDITIONS ARE MET UNDER TRUST OR DAF AGREEMENTS. CMFI ALSO ADMINISTERED 9 CHARITABLE AND NON-CHARITABLE TRUSTS ON BEHALF OF DONORS AND PROVIDED ACCOUNTING SERVICES TO 501(C)(3) MINISTRIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Connie Bach Executive Director | OfficerTrustee | 40 | $28,000 |
James R Macdonald Chairman | OfficerTrustee | 1 | $0 |
Nathan Williams Board Member | Trustee | 1 | $0 |
Page Aiken Board Member | Trustee | 1 | $0 |
Financial Statements
| 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 | $8,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,000 |
| Total Program Service Revenue | $127,700 |
| Investment income | $92,040 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $189,041 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $416,781 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $487,131 |
| 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. | $28,000 |
| Compensation of current officers, directors, key employees. | $11,760 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,961 |
| Payroll taxes | $2,911 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $61 |
| Fees for services: Accounting | $8,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $50,054 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $4,103 |
| Information technology | $21,284 |
| Royalties | $0 |
| Occupancy | $19,690 |
| Travel | $36 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $85 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,197 |
| All other expenses | $48,065 |
| Total functional expenses | $679,378 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $80,013 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $38,770 |
| Loans from Officers, Directors, or Controlling Persons | $163,885 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $670 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,017,264 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,245,945 |
| Total assets | $2,546,547 |
| Accounts payable and accrued expenses | $43,104 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $145,107 |
| 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 | $1,694,020 |
| Total liabilities | $1,882,231 |
| Net assets without donor restrictions | $30,065 |
| Net assets with donor restrictions | $634,251 |
| 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 | $2,546,547 |
Grants Awarded
Over the last fiscal year, Christian Ministries Foundation Inc has awarded $68,074 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Sanford, FL PURPOSE: GENERAL SUPPORT | $48,000 |
Boston, MA PURPOSE: GENERAL SUPPORT | $20,074 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Christian Community Foundation Of Memphis And The Mid-South Inc Memphis, TN | $205,748,037 | $85,831,682 |
Community Foundation Of Sarasota County Inc Sarasota, FL | $386,793,850 | $71,031,554 |
Gulf Coast Community Foundation Inc Venice, FL | $411,069,499 | $79,396,677 |
The Community Foundation For Northeast Florida Inc Jacksonville, FL | $630,367,087 | $110,893,672 |
Givewell Community Foundation Inc Lakeland, FL | $419,262,531 | $231,457,010 |
North Carolina Community Foundation Inc Raleigh, NC | $442,779,010 | $109,848,330 |
Community Foundation Of Collier County Naples, FL | $218,053,316 | $48,461,607 |
Triangle Community Foundation Durham, NC | $302,593,887 | $28,260,487 |
Coastal Community Foundation Of South Carolina Inc N Charleston, SC | $293,333,431 | $80,143,972 |
Chattanooga Christian Community Foundation Chattanooga, TN | $107,861,272 | $37,732,736 |
The Community Foundation Of Greater Birmingham Birmingham, AL | $299,631,425 | $49,687,592 |
Community Foundation Of Greater Chattanooga Inc Chattanooga, TN | $242,437,300 | $52,106,763 |