724 Ministries Nfp
- Assets
- $42.3k
- Revenue
- $73.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Murphysboro, IL
- Founding
- 06/2015
- Data as of
- 06/2022
- EIN
- 47-4104826
Organization Overview
724 Ministries Nfp is located in Murphysboro, IL. The organization was established in 2015. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 724 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 06/2022, 724 Ministries Nfp generated $73.6k in total revenue. All expenses for the organization totaled $40.8k during the year ending 06/2022. While expenses have increased by 64.0% per year over the past 2 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SERVING FREE MEALS TO THE PUBLIC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE SERVE DINNER ON THE HOUSE EVERY SUNDAY FROM 4 PM TO 6 PM AT OUR FACILITY ON 724 WALNUT STREET IN MURPHYSBORO IL. GUESTS ENJOY A COMPLIMENTARY MEAL THAT INCLUDES A MAIN AND TWO SIDE DISHES ROLLS DESSERT AND CHOICE OF BEVERAGE IN AN ATMOSPHERE THAT CELEBRATES THE HISTORY AND CULTURE OF MURPHYSBORO. WE SERVED OUR FIRST MEAL ON JANUARY 23 2022. ATTENDANCE HAS GROWN TO AN AVERAGE OF ABOUT 100 GUESTS PER WEEK WHICH IS ABOUT THE MAXIMUM NUMBER OF GUESTS THAT WE CAN ACCOMMODATE WITH THE 48 SEATS AVAILABLE IN OUR DINING AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ed Odonnell Executive Director | Officer | 20 | $0 |
Jennifer Odonnell President | Trustee | 1 | $0 |
Farice Campbell Member | Trustee | 1 | $0 |
Ken Peterein Member | Trustee | 1 | $0 |
Brooke Guthman Member | Trustee | 1 | $0 |
Kayla Morgan Secretary Treasurer | 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 | $73,604 |
| Noncash contributions included in lines 1a–1f | $2,514 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $73,604 |
| 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 | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $73,604 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $791 |
| Information technology | $1,855 |
| Royalties | $0 |
| Occupancy | $19,382 |
| Travel | $0 |
| 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 | $2,217 |
| All other expenses | $0 |
| Total functional expenses | $40,763 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $19,997 |
| Savings and temporary cash investments | $10,388 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,940 |
| 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 | $9,012 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $42,337 |
| Accounts payable and accrued expenses | $3,078 |
| 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 | $3,078 |
| Net assets without donor restrictions | $39,259 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $42,337 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that 724 Ministries Nfp has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Elizabeth A Smysor Charitable Tr Fairview Heights, IL PURPOSE: GENERAL OPERATIONS RELATED TO MEAL PREP NEEDS. | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Walgreens Assistance Inc Deerfield, IL | $30,000,000 | $38,440,000 |
Community Action Agency Of Greater Kansas City Kansas City, MO | $3,181,804 | $8,038,211 |
Shepherd Community Inc Indianapolis, IN | $12,371,405 | $8,451,700 |
Operation Bbq Relief Peculiar, MO | $14,879,386 | $7,436,557 |
Community Crisis Services And Food Bank Iowa City, IA | $4,710,995 | $6,794,967 |
Chicago Chesed Fund Inc Lincolnwood, IL | $12,767,122 | $8,152,645 |
South Suburban Pads Chicago Heights, IL | $5,384,114 | $5,744,283 |
Feed My People St Louis, MO | $3,730,399 | $5,819,156 |
Mid America Assistance Coalition Inc Kansas City, MO | $14,968,922 | $4,777,466 |
Many Hands For Haiti Pella, IA | $2,649,683 | $5,112,564 |
Everyone Cooperating To Help Others Inc Janesville, WI | $2,299,237 | $4,698,837 |
Neighborhood Food Pantries West Chicago, IL | $581,745 | $4,322,666 |