Radstock Ministries is located in Wheaton, IL. The organization was established in 2002. According to its NTEE Classification (Q32) the organization is classified as: International Economic Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2023, Radstock Ministries employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Radstock 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, Radstock Ministries generated $692.0k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 10.2% each year . All expenses for the organization totaled $754.8k during the year ending 12/2023. While expenses have increased by 12.2% per year over the past 9 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
RADSTOCKS CHURCHES AND TEAMS AIM TO SEE MISSION-DRIVEN CHURCHES EQUIPPED AND PLANTED THROUGH DEVELOPING PARTNERSHIPS, CREATING OPPORTUNITIES, COACHING CHURCHES AND PROVIDING EXPERTISE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COACHING CHURCHES AND CONNECTING THEM WITH OPPORTUNITIES TO SERVE THE POOR AND OPPRESSED WITHIN THE US AND ABROAD.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Scott Harrison Chairman | OfficerTrustee | 0.5 | $0 |
Michael Mckinley Board Member | Trustee | 0.5 | $0 |
Dan Benson Board Member | Trustee | 0.5 | $0 |
Marjorie Meeks Board Member | Trustee | 0.5 | $0 |
Kara Callaghan Board Member | Trustee | 0.5 | $0 |
Tom Llewellyn Board Member | Trustee | 0.5 | $0 |
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 | $685,143 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $685,143 |
Total Program Service Revenue | $6,821 |
Investment income | $0 |
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 | $691,964 |
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 | $372,653 |
Benefits paid to or for members | $36,898 |
Compensation of current officers, directors, key employees. | $160,876 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $92,018 |
Pension plan accruals and contributions | $0 |
Other employee benefits | -$66 |
Payroll taxes | $19,669 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $15,570 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $1,279 |
Advertising and promotion | $0 |
Office expenses | $11,680 |
Information technology | $1,928 |
Royalties | $0 |
Occupancy | $0 |
Travel | $11,484 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $100 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $1,959 |
All other expenses | $0 |
Total functional expenses | $754,840 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $267,703 |
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 | $227 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $267,930 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $2,500 |
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 | $0 |
Total liabilities | $2,500 |
Net assets without donor restrictions | $0 |
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 | $265,430 |
Total liabilities and net assets/fund balances | $267,930 |