Ministry Training Source
- Assets
- $3.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Metairie, LA
- Founding
- 11/2000
- Data as of
- 12/2023
- EIN
- 43-1895586
Organization Overview
Ministry Training Source is located in Metairie, LA. The organization was established in 2000. According to its NTEE Classification (X22) the organization is classified as: Roman Catholic, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ministry Training Source 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, Ministry Training Source generated $75.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (8.1%) each year. All expenses for the organization totaled $75.8k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (8.5%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THIS YEAR MINISTRY TRAINING SOURCE HELPED CATHOLIC PARISHES AND DIOCESES DEAL WITH THE COVID-19 CRISIS BY PROVIDING EDUCATION, CONSULTING, AND ONLINE RESOURCE DEVELOPMENT TO HELP THEM TO MOVE PROGRAMS ONLINE AND LEARN TO WORK REMOTELY. ADDITIONALLY, MINISTRY TRAINING SOURCE RESEARCHERS ARE ASSISTING OTHER NON-PROFITS TO ARTICULATE THE FINDINGS FROM THEIR LILLY-FUNDED GRANT PROJECTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charlotte Mccorquodale President & Consultant | 40 | $27,500 | |
Vikki Shepp Chairman Of The Board | 1 | $0 | |
Joe Weyers Board Member/consultant | 3 | $9,332 | |
Paul Kotlowski Board Member | 0 | $0 | |
Kathy Carver Board Member | 1 | $0 | |
Patrick Donovan Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,312 |
| Total Program Service Revenue | $54,493 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $75,805 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $45,768 |
| Occupancy, rent, utilities, and maintenance | $2,389 |
| Printing, publications, postage, and shipping | $104 |
| Other expenses | $27,561 |
| Total expenses | $75,822 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $3,251 |
| Other assets | $0 |
| Total assets | $3,251 |
| Total liabilities | $0 |
| Net assets or fund balances | $3,251 |