Fom Ministries Nfp is located in Quincy, IL. The organization was established in 2014. According to its NTEE Classification (I31) the organization is classified as: Half-Way Houses for Offenders & Ex-Offenders, under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fom Ministries Nfp 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 12/2022, Fom Ministries Nfp generated $91.7k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 15.1% each year . All expenses for the organization totaled $68.4k during the year ending 12/2022. While expenses have increased by 6.1% per year over the past 4 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROVIDING TRANSITIONAL HOUSING FOR MEN IN TRANSITION FROM PRISON,HOMELESSNESS, ALCHOHOLISM, AND DRUG ADDICTION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Derk Price Chairman | 10 | $0 | |
Chris Schuering Vice Chairman | 5 | $0 | |
Kara Spalding Treasurer | 2 | $0 | |
Jill Green Secretary | 1 | $0 | |
Jon Krause Director | 40 | $32,373 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $57,018 |
Total Program Service Revenue | $34,561 |
Membership dues | $0 |
Investment income | $91 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $91,670 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $36,718 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $22,634 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $9,044 |
Total expenses | $68,396 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $107,041 |
Other assets | $0 |
Total assets | $195,926 |
Total liabilities | $806 |
Net assets or fund balances | $195,120 |
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