Casting Nets Ministries Inc
- Assets
- $29.2k
- Revenue
- $303.3k
- Investments
- $0.0
- Employees
- 2
- Location
- Wichita, KS
- Founding
- 08/2011
- Data as of
- 12/2021
- EIN
- 45-2546133
Organization Overview
Casting Nets Ministries Inc is located in Wichita, KS. The organization was established in 2011. According to its NTEE Classification (X02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Casting Nets Ministries Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Casting Nets 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 12/2021, Casting Nets Ministries Inc generated $303.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $304.3k during the year ending 12/2021. While expenses have increased by 4.0% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE CHRISTIANITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUCCESSFULLY PROMOTE CHRISTIANITY VIA SEMINARS, CONFERENCES, DIRECT GROUP MEETINGS AND PRESENTATIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tony Brandt President | OfficerTrustee | 0 | $63,341 |
Chris W Stewart Secretary | OfficerTrustee | 40 | $63,341 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $136,028 |
| Related organizations | $0 |
| Government grants | $110,123 |
| All other contributions, gifts, grants, and similar amounts not included above | $84,403 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $330,554 |
| Total Program Service Revenue | $0 |
| 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 | -$34,823 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $7,549 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $303,280 |
| 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. | $158,141 |
| Compensation of current officers, directors, key employees. | $158,141 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $650 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $8,520 |
| Office expenses | $25,442 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $8,300 |
| Travel | $29,189 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,081 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,296 |
| All other expenses | $0 |
| Total functional expenses | $304,294 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $29,152 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $29,152 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| 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 | $29,152 |
| Total liabilities and net assets/fund balances | $29,152 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Casting Nets Ministries Inc has recieved totaling $2,098.
| Awarding Organization | Amount |
|---|---|
The Esr Foundation Naples, FL PURPOSE: CASTING NETS MINISTRIES IS A 501(C)3 NON-FOR-PROFIT LAY APOSTOLATE COMPRISED OF AN EXPERIENCED TEAM OF PROFESSIONAL LAY CATHOLIC SPEAKERS AND EVANGELISTS. WE CONDUCT DYNAMIC AND HIGHLY EFFECTIVE MISSIONS, RETREATS, AND EVANGELIZATION TRAININGS FOR PARISHES, SCHOOLS, AND DIOCESES AIMED AT LEADING SOULS TO CHRIST AND FORMING THE LAITY FOR MISSIONARY DISCIPLESHIP. | $2,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $98 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Paraclete Mission Group Inc Colorado Springs, CO | $2,460,284 | $4,740,487 |
Denver Islamic Education Center Aurora, CO | $2,799,752 | $3,295,932 |
Eden Valley Institute Inc Loveland, CO | $2,770,391 | $1,563,950 |
Casting Nets Ministries Inc Wichita, KS | $29,152 | $303,280 |
Christian Bible College And Seminary Blue Springs, MO | $126,716 | $0 |
405 Center Incorporated Oklahoma City, OK | $0 | $0 |
Karibu Sana Friends Of Carmelite Missions Tz Englewood, CO | $225,536 | $0 |