Basics Christian Ministries Inc
- Assets
- $374.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cliffside, NC
- Founding
- 06/2015
- Data as of
- 12/2022
- EIN
- 47-3642387
Organization Overview
Basics Christian Ministries Inc is located in Cliffside, NC. The organization was established in 2015. 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. Basics Christian 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 12/2022, Basics Christian Ministries Inc generated $111.6k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 15.7% each year . All expenses for the organization totaled $101.8k during the year ending 12/2022. While expenses have increased by 16.9% per year over the past 5 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Walter Butler Director | 1 | $0 | |
James Johnson Director | 20 | $0 | |
Judy Yelton Director | 25 | $0 | |
Barry Yelton President | 25 | $0 | |
Joyce Pressley Director | 20 | $0 | |
Robert Hensley Director | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $66,433 |
| Total Program Service Revenue | $45,152 |
| Membership dues | $0 |
| Investment income | $12 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $111,597 |
| 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 | $57,550 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $44,245 |
| Total expenses | $101,795 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $81,641 |
| Other assets | $0 |
| Total assets | $374,911 |
| Total liabilities | $121,983 |
| Net assets or fund balances | $252,928 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Basics Christian Ministries Inc has recieved totaling $43,000.
| Awarding Organization | Amount |
|---|---|
Rhi Legacy Foundation Inc Rutherfordton, NC PURPOSE: HEALTHY EATING | $35,000 |
The Community Foundation Of Western North Carolina Inc Asheville, NC PURPOSE: ASSISTING PEOPLE IN NEED | $8,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Operation Compassion A Tennessee Non-Profit Corporation Cleveland, TN | $18,764,537 | $70,147,882 |
United Faith Ministries Inc Norfolk, VA | $10,805,826 | $50,029,760 |
Martha Obryan Center Inc Nashville, TN | $41,203,339 | $31,115,116 |
Ravi Zacharias International Ministries Norcross, GA | $12,439,416 | $25,742,588 |
Inspiritus Inc Atlanta, GA | $4,563,820 | $17,981,504 |
Rescue Missions Ministries Inc Durham, NC | $22,198,926 | $18,805,895 |
Lifeshape Inc Atlanta, GA | $41,056,311 | $15,846,732 |
Haggai International Institute For Advanced Leadership Training Inc Peachtree Corners, GA | $41,354,774 | $16,620,781 |
Elam Ministries Inc Alpharetta, GA | $5,679,728 | $12,042,641 |
Advancing Native Missions Afton, VA | $4,333,922 | $11,124,622 |
National Pro-Life Alliance Springfield, VA | $3,799,169 | $8,934,186 |
Wellspring Living Inc Atlanta, GA | $3,565,992 | $9,107,143 |