Benchmark Ministries
- Assets
- $3.7m
- Revenue
- $1.2m
- Investments
- $1.0m
- Employees
- 5
- Location
- Robbins, NC
- Founding
- 11/2005
- Data as of
- 12/2023
- EIN
- 37-1440336
Organization Overview
Benchmark Ministries is located in Robbins, NC. The organization was established in 2005. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2023, Benchmark Ministries employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Benchmark 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, Benchmark Ministries generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 23.7% each year . All expenses for the organization totaled $369.6k during the year ending 12/2023. While expenses have increased by 7.7% per year over the past 7 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE SPIRITUAL GROWTH AND EVANGELISM FOR YOUTH AND ADULTS THROUGH SUMMER CAMP AND OTHER OUTDOOR ACTIVITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUMMER CAMPS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Lewis President | Officer | 50 | $56,133 |
Daniel Patterson Advisory Board | Trustee | 10 | $0 |
Stacie Rhodes Advisory Board | Trustee | 2 | $0 |
Nichole Stern Advisory Board | Trustee | 4 | $0 |
Larry Kelly Director | Trustee | 2 | $0 |
Mick Bowen Director | Trustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Jimmy Campbell | 12/30/19 | $11,635 |
Mckenzie Plumbing Co Inc | 12/30/19 | $10,000 |
William Roberts | 12/30/19 | $4,690 |
Sandy Shelton | 12/30/19 | $3,110 |
Charles Craven | 12/30/19 | $1,866 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $114,424 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,030,449 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,144,873 |
| Total Program Service Revenue | $40,320 |
| Investment income | $35,430 |
| 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 | $1,220,623 |
| 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. | $48,000 |
| Compensation of current officers, directors, key employees. | $10,560 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $73,679 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,461 |
| Payroll taxes | $9,308 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $11,759 |
| Advertising and promotion | $0 |
| Office expenses | $8,599 |
| Information technology | $1,805 |
| Royalties | $0 |
| Occupancy | $70,679 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $29,466 |
| Interest | $8,385 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $48,475 |
| Insurance | $14,918 |
| All other expenses | $0 |
| Total functional expenses | $369,628 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,084,497 |
| 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 | $0 |
| Net Land, buildings, and equipment | $1,575,114 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,035,314 |
| Investments—program-related | $0 |
| Intangible assets | $3,020 |
| Other assets | $0 |
| Total assets | $3,697,945 |
| Accounts payable and accrued expenses | $5,042 |
| 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 | $155,750 |
| Other liabilities | $0 |
| Total liabilities | $160,792 |
| Net assets without donor restrictions | $2,737,153 |
| Net assets with donor restrictions | $800,000 |
| 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 | $3,697,945 |