Faith Encouraged Ministries Inc
- Assets
- $39.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cumming, GA
- Founding
- 11/2014
- Data as of
- 12/2021
- EIN
- 47-2095925
Organization Overview
Faith Encouraged Ministries Inc is located in Cumming, GA. The organization was established in 2014. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Faith Encouraged 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, Faith Encouraged Ministries Inc generated $33.8k 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 (13.0%) each year. All expenses for the organization totaled $51.4k during the year ending 12/2021. 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
SPEAKING AT CONFERENCES AND PARISH RETREATS, DEVELOPING AND BROADCASTING FAITH TEACHING AND DAILY DEVOTIONALS ON FAITH ENCOURGAED LIVE AND FAITH ENCOURAGED TV.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Powell President & Director | 4 | $34,329 | |
Janice R Christy Vice President And Treasurer | 0 | $0 | |
Richard E Christy Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $30,680 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $3,149 |
| Total Revenue | $33,829 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $34,329 |
| Professional fees and other payments to independent contractors | $563 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $13,616 |
| Total expenses | $51,361 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $39,583 |
| Other assets | $0 |
| Total assets | $39,583 |
| Total liabilities | $0 |
| Net assets or fund balances | $39,583 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Faith Encouraged Ministries Inc has recieved totaling $1,200.
| Awarding Organization | Amount |
|---|---|
Nehemiah Foundation Inc Nashville, TN PURPOSE: FOR USE IN THE ORGANIZATION'S EXEMPT FUNCTION. | $600 |
Nehemiah Foundation Inc Nashville, TN PURPOSE: FOR USE IN THE ORGANIZATION'S EXEMPT FUNCTION. | $600 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hillsborough Education Foundation Inc Tampa, FL | $10,731,665 | $10,065,447 |
Memphis Education Fund Inc Memphis, TN | $2,536,598 | $5,955,711 |
The Cottage School Educational Resource Center Inc Roswell, GA | $19,413,651 | $9,463,796 |
Pencil Foundation Nashville, TN | $3,991,693 | $7,143,023 |
Edreports Org Inc Durham, NC | $5,799,627 | $6,182,160 |
Slam Foundation Inc Miami, FL | $8,480,329 | $6,817,017 |
Grace Christian Academy Of Leipers Fork Franklin, TN | $10,280,279 | $8,867,909 |
Healthmpowers Inc Norcross, GA | $4,830,831 | $6,606,779 |
Manna Cafe Ministries Clarksville, TN | $2,290,772 | $5,669,916 |
Innovative Education Partnership Corporation Maryville, TN | $1,869,912 | $5,283,927 |
Association For The Advancement Of Education Inc Saxapahaw, NC | $14,393,237 | $5,390,894 |
Renaissance Learning Center Inc Jupiter, FL | $2,830,246 | $5,315,115 |