Real Ministries Foundation
- Assets
- $19.6k
- Revenue
- $444.0k
- Investments
- $0.0
- Employees
- 13
- Location
- Oklahoma City, OK
- Founding
- 07/2014
- Data as of
- 12/2022
- EIN
- 46-4948947
Organization Overview
Real Ministries Foundation is located in Oklahoma City, OK. The organization was established in 2014. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2022, Real Ministries Foundation employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Real Ministries Foundation 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, Real Ministries Foundation generated $444.0k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 33.2% each year . All expenses for the organization totaled $587.9k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
REAL CONNECTS, EQUIPS AND SUPPORTS SINGLE MOMS... CREATING GENERATIONAL IMPACT IN THE FAMILY AND BEYOND.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CARE TEAM SUPPORT - THE PURPOSE OF THE CARE TEAM IS TO PARTNER WITH OUR SINGLE MOM CLIENTS TO WALK ALONGSIDE THEM, HELPING TO REMOVE THE ROADBLOCKS THAT CAN ARISE AS THEY WORK TO BRING CHANGE TO THEIR FAMILIES. EACH CLIENT HAS THE OPPORTUNITY TO MEET WITH A CARE TEAM COORDINATOR WHO IS TRAINED TO GET TO THE DEEPER CHALLENGES OUR MOMS FACE. THEY WORK WITH EACH CLIENT TO BUILD OUT A CARE PLAN THAT ASSISTS IN GETTING FROM POINT A TO POINT B, WHATEVER THEIR INDIVIDUAL POINTS MAY BE. ONCE A CARE PLAN IS CREATED, CLIENTS ARE THEN PAIRED WITH A CARE TEAM COORDINATOR WHO WILL EQUIP AND EMPOWER OUR MOMS TO ACHIEVE THE GOALS SET.
FINANCIAL AID PROGRAM: THIS PROGRAM CAN BE APPLIED FOR BY THE CLIENTS IN OUR PROGRAM. WE DETERMINE WHERE THEY AR WITHIN FINANCIAL LITERACY AND THEN WE DECIDE HOW WE CAN SUPPORT THEM THROUGH OUR FINANCIAL AID PROGRAM, OR DIRECT THEM TO OTHER ORGANIZATIONS THAT WE PARTNER WITH. DURING 2022, WE PROVIDED MONETARY SUPPORT FOR ITEMS SUCHA S PAST DUE RENT, UTILITIES, HOME AND CAR REPAORS, AND OTHER EVERYDAY NECESSITIES. THESE ARE ALSO CLIENTS THAT HAD THEIR OWN CARE PLAN WITH US.
PROFESSIONAL SERVICES: WE ASSISTED OUR CLIENTS AS A COMMUNITY RESOURCE LIAISON AIDING OUR CLIENTS TO RESOURCES IN THE COMMUNITY. WE ALSO PARTNERED WITH ORGANIZATIONS TO OFFER FINANCIAL BUDGTING WORKSHOPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathryn Thompson Ceo/board Pr | Officer | 10 | $58,008 |
Betty Yates Secretary | OfficerTrustee | 10 | $0 |
Brad Taylor Director | Trustee | 2 | $0 |
Kristy Simmons Treasurer | Trustee | 10 | $0 |
Jackie Fix Director | Trustee | 2 | $0 |
Kenneth Marshall Director | Trustee | 1 | $0 |
Financial Statements
| 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 | $462,706 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $462,706 |
| 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 | -$18,737 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $443,969 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $78,942 |
| Grants and other assistance to domestic individuals. | $12,227 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| 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 | $382,570 |
| 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 | $4,150 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $11,704 |
| Advertising and promotion | $13,173 |
| Office expenses | $10,732 |
| Information technology | $40,914 |
| Royalties | $0 |
| Occupancy | $13,334 |
| Travel | $1,224 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $15,632 |
| Interest | $434 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,848 |
| All other expenses | $0 |
| Total functional expenses | $587,884 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $19,566 |
| 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 | $19,566 |
| Accounts payable and accrued expenses | $11,215 |
| 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 | $11,215 |
| 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 | $8,351 |
| Total liabilities and net assets/fund balances | $19,566 |
Grants Awarded
Over the last fiscal year, Real Ministries Foundation has awarded $76,183 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
STRETCH WOMEN INCORPORATED PURPOSE: COUNSELING | $6,183 |
NORTHCHURCH | | | $70,000 |