Legacy Of Faith Ministries is located in Red Lodge, MT. The organization was established in 2013. According to its NTEE Classification (X20) the organization is classified as: Christianity, 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. Legacy Of Faith 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 12/2021, Legacy Of Faith Ministries generated $77.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.5%) each year. All expenses for the organization totaled $55.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (12.8%) per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
LEGACY OF FAITH IS A NON-PROFIT,CHRISTIAN ORG SUPPORTED BY CHURCHS AND INDIVIDUALS,WHOSE PURPOSE IS TO PRACTICE,PROCLAIM,AND PASS ON THE FAITH BY CARING FOR FAMILIES & COMMUNITIES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
James L Merck Jr Executive Director | 60 | $0 | |
Sandra Ward Board Member | 0 | $0 | |
Shelly Thompson Board Member | 0 | $0 | |
Christie C Merck Secretary | 15 | $0 | |
Laine Elam Board Member | 0 | $0 | |
J P Rice Board Member | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $77,050 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $77,050 |
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 | $0 |
Occupancy, rent, utilities, and maintenance | $24,900 |
Printing, publications, postage, and shipping | $3,368 |
Other expenses | $26,766 |
Total expenses | $55,034 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $40,130 |
Other assets | $0 |
Total assets | $40,130 |
Total liabilities | $0 |
Net assets or fund balances | $40,130 |
Over the last fiscal year, we have identified 1 grants that Legacy Of Faith Ministries has recieved totaling $35.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $35 |
Organization Name | Assets | Revenue |
---|---|---|
St Vincent Healthcare Foundation Billings, MT | $88,857,513 | $8,266,509 |
Community Development Inc Garden City, ID | $42,153,213 | $14,412,416 |
C I O S Wilson, WY | $98,349,403 | $2,570,504 |
Youth With A Mission Of Montana A Corporation Lakeside, MT | $4,211,244 | $6,186,840 |
Evangelical Lutheran Good Samaritan Foundation Sioux Falls, SD | $102,471,128 | $9,259,464 |
The Lynn And Foster Friess Family Foundation Jackson, WY | $122,372,858 | $36,186,755 |
Christian Worship Hour Aberdeen, SD | $3,374,479 | $4,060,903 |
Refuge Foundation Billings, MT | $2,509,784 | $3,571,632 |
Fargo Union Mission Inc Fargo, ND | $6,248,468 | $4,299,626 |
Faith Ministries Inc Moscow, ID | $6,719,779 | $2,692,121 |
Gallatin Valley Young Mens Christian Association Inc Bozeman, MT | $7,033,541 | $1,852,453 |
Steer Inc Bismarck, ND | $6,400,196 | $1,967,390 |