Asap Ministries Inc
- Assets
- $3.5m
- Revenue
- $3.5m
- Investments
- $0.0
- Employees
- 32
- Location
- Berrien Springs, MI
- Founding
- 06/1996
- Data as of
- 09/2023
- EIN
- 38-3256028
Organization Overview
Asap Ministries Inc is located in Berrien Springs, MI. The organization was established in 1996. According to its NTEE Classification (Q20) the organization is classified as: Promotion of International Understanding, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 09/2023, Asap Ministries Inc employed 32 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Asap 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 09/2023, Asap Ministries Inc generated $3.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $4.2m during the year ending 09/2023. While expenses have increased by 10.0% per year over the past 8 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
ASAP MINISTRIES EMPOWERS LOCAL MISSIONARIES TO RESTORE AND DISCIPLE THE MARGINALIZED WITH THE WHOLISTIC GOSPEL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ASAP MINISTRIES BROUGHT THE GOSPEL TO THE SUFFERING IN CAMBODIA, LAOS, THAILAND, VIETNAM, MYANMAR AND LEBANON. FOR EXAMPLE, MEDICAL MISSIONARIES AND CHURCH PLANTERS SHARED ABOUT JESUS IN UNREACHED VILLAGES. FIELD SUPERVISORS ARE TRAINED TO OFFER BASIC MEDICAL NEEDS TO THE SUFFERING IN THE COUNTRIES AND TO GIVE BIBLE STUDIES TO THOSE INTERESTED.
ASAP MINISTRIES HAD THE PRIVILEGE OF OFFERING QUALITY CHRISTIAN EDUCATION TO AT-RISK CHILDREN WHO WOULD OTHERWISE NOT BE ABLE TO AFFORD ATTENDING SCHOOL IN SOUTHEAST ASIA AND LEBANON. ASAP MINISTRIES SUPPORTED THE OPERATION OF OVER 90 SCHOOLS AND LITERACY CENTERS. TUITION ASSISTANCE WAS PROVIDED TO PROMISING NEEDY SOUTHEAST ASIAN STUDENTS WHO SOUGHT HIGHER EDUCATION WITH THE AIM OF THEM BECOMING TRAINED TO SERVE AS MISSIONARIES IN THE FUTURE. A KEEP KIDS SAFE CURRICULUM WAS ESTABLISHED AND IMPLEMENTED IN THE SCHOOLS. ASAP BRINGS QUALITY CHRISTIAN EDUCATION TO OVER 6,000 CHILDREN LIVING IN VULNERABLE POPULATIONS.
HUMANITARIAN/CONSTRUCTION: ASAP MINISTRIES BROUGHT HUMANITARIAN RELIEF TO THE SUFFERING IN CAMBODIA, LAOS, THAILAND, VIETNAM, MYANMAR AND LEBANON. DISASTER ASSISTANCE WENT TO PROVIDE EMERGENCY RICE, FOOD, SUPPLIES AND RESOURCES TO REESTABLISH VICTIM'S LIVES. FOR EXAMPLE, SUBSTANTIAL ASSISTANCE WAS GIVEN TO AREAS IN MYANMAR WHERE FIGHTING CAUSED PEOPLE TO FLEE THEIR HOMES. FIELD SUPERVISORS ARE TRAINED TO CONDUCT NEEDS ASSESSMENTS AND MAKE NECESSARY PLANS TO MEET TANGIBLE NEEDS. VILLAGES WITH NO ACCESS TO CLEAN DRINKING WATER OR TOILETS RECEIVE CLEAN WATER AND SANITATION FACILITIES. THE CONSTRUCTION PROJECTS RANGE FROM CHURCH BUILDINGS TO SCHOOL FACILITIES AND STRUCTURES. THESE INITIATIVES PROVIDE NEEDED FACILITIES AND INCREASE THE QUALITY OF THE PROJECTS AND THE LIVES THEY IMPACT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julia O'carey Executive Director/ceo | OfficerTrustee | 40 | $64,281 |
Richard Chadwick CFO | OfficerTrustee | 40 | $52,530 |
Byron Reynolds Trustee | Trustee | 1 | $0 |
Carol Reynolds Trustee | Trustee | 1 | $0 |
Chan Sun Trustee | Trustee | 1 | $0 |
Christopher Carmen Trustee | 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 | $3,451,445 |
| Noncash contributions included in lines 1a–1f | $5,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,451,445 |
| Total Program Service Revenue | $0 |
| Investment income | $49,086 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $4,643 |
| Net Gain/Loss on Asset Sales | -$37,254 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,469,521 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $40,839 |
| Grants and other assistance to domestic individuals. | $24,941 |
| Grants and other assistance to Foreign Orgs/Individuals | $2,261,812 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $142,229 |
| Compensation of current officers, directors, key employees. | $97,856 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $723,457 |
| Pension plan accruals and contributions | $34,193 |
| Other employee benefits | $151,773 |
| Payroll taxes | $69,957 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,918 |
| Fees for services: Accounting | $27,855 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $73,658 |
| Advertising and promotion | $52,132 |
| Office expenses | $215,226 |
| Information technology | $59,475 |
| Royalties | $0 |
| Occupancy | $41,762 |
| Travel | $231,814 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $21,605 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $18,690 |
| Insurance | $7,057 |
| All other expenses | $0 |
| Total functional expenses | $4,238,698 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $32,997 |
| Savings and temporary cash investments | $495,959 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $142,733 |
| 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 | $33,927 |
| Net Land, buildings, and equipment | $298,469 |
| Investments—publicly traded securities | $2,264,473 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $232,564 |
| Total assets | $3,501,122 |
| Accounts payable and accrued expenses | $181,681 |
| 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 | $232,577 |
| Total liabilities | $414,258 |
| Net assets without donor restrictions | $1,153,280 |
| Net assets with donor restrictions | $1,933,584 |
| 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 | $3,501,122 |
Grants Awarded
Over the last fiscal year, Asap Ministries Inc has awarded $40,457 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
GEORGIA CUMBERLAND CONFERENCE PURPOSE: PASTOR SUPPORT | $15,000 |
KENTUCKY-TENNESSEE CONFERENCE PURPOSE: PAYROLL FUNDING | $7,500 |
BOWLING GREEN ZOMI SDA CHURCH PURPOSE: CHURCH BUILDING ASSISTANCE | $9,457 |
GRAND RAPIDS ZOMI SDA CHURCH PURPOSE: YOUTH EVANGELISM | $8,500 |