Deed & Truth Ministries
- Assets
- $923.7k
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Etowah, TN
- Founding
- 09/2014
- Data as of
- 01/2024
- EIN
- 46-4728548
Organization Overview
Deed & Truth Ministries is located in Etowah, TN. The organization was established in 2014. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Deed & Truth 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 01/2024, Deed & Truth Ministries generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 58.0% each year . All expenses for the organization totaled $1.6m during the year ending 01/2024. While expenses have increased by 56.2% 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.
Since 2022, Deed & Truth Ministries has awarded 14 individual grants totaling $339,338. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
LOVE THE DISADVANTAGED IN BOTH DEED AND TRUTH
Describe the Organization's Program Activity:
Part 3 - Line 4a
UKRAINE - OUTREACH TO BUILD A SCHOOL AND BUYING SCHOOL CURRICULUM AS WELL AS PROVIDE RELIEF/SUPPORT TO URKAINIAN REFUGEES.
HAITI - COMMUNITY OUTREACH PROVIDING NUTRITIONAL SUPPORT, WELLNESS EDUCATION, SUSTAINABLE INCOME TRAINING TO POVERTY STRICKEN INDIVIDUALS.
HONDURAS - MISSION CHURCH AND SCHOOL PROVIDING ED TO CHILDREN IN LA TIGRA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tim Schmidt Secretary | Trustee | 0.5 | $0 |
Vinson Miller Board Member | Trustee | 0.5 | $0 |
Calvin Nissley Chairman | Trustee | 0.5 | $0 |
Jonathan Stiles Treasurer | Trustee | 0.5 | $0 |
Andrew Yoder Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $21,414 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,490,289 |
| Noncash contributions included in lines 1a–1f | $27,305 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,511,703 |
| Total Program Service Revenue | $0 |
| Investment income | $14,357 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $7,990 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,534,050 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $84,500 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $1,474,356 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| 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 | $8,148 |
| Fees for services: Lobbying | $8,929 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $5,269 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $3,451 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $468 |
| Total functional expenses | $1,610,916 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $69,744 |
| Savings and temporary cash investments | $832,355 |
| 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 | $21,636 |
| 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 | $923,735 |
| Accounts payable and accrued expenses | $299 |
| 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 | $299 |
| Net assets without donor restrictions | $670,247 |
| Net assets with donor restrictions | $253,189 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $923,735 |
Grants Awarded
Over the last fiscal year, Deed & Truth Ministries has awarded $79,500 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
GOSPEL EXPRESS MINISTRIES | | | $32,000 |
STRAIT PATHS FOUNDATION | | | $20,000 |
YWAM PURPOSE: MISSIONARY SUPPORT | $27,500 |