Mark Inc Ministries
- Assets
- $288.2k
- Revenue
- $413.4k
- Investments
- $0.0
- Employees
- 5
- Location
- Newark, DE
- Founding
- 07/1996
- Data as of
- 12/2021
- EIN
- 51-0355072
Organization Overview
Mark Inc Ministries is located in Newark, DE. The organization was established in 1996. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. As of 12/2021, Mark Inc Ministries employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mark Inc 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 12/2021, Mark Inc Ministries generated $413.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $331.8k during the year ending 12/2021. While expenses have increased by 3.9% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
MARKINC MINISTRIES SPREADS GOD'S WORD VIA MULTI-MEDIA OUTLETS TO PEOPLE AROUND THE WORLD. SUPPLYING THE GOSPEL THROUGH PREACHING, TEACHING, AND THROUGH WRITTEN AND RECORDED MESSAGES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MARKINC MINISTRIES SPREADS GOD'S WORD VIA MULTI-MEDIA OUTLETS TO PEOPLE AROUND THE WORLD, SUPPLYING THE GOSPEL THROUGH PREACHING, TEACHING, AND THROUGH WRITTEN AND RECORDED MESSAGES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sharon Betters Director | Officer | 30 | $56,000 |
Melissa Weisenfels Executive Director | 30 | $51,000 | |
Barbara L'italien Financial Manager | 15 | $33,275 | |
Charles F Betters CEO | Officer | 5 | $3,000 |
Doglas Macgray Trustee | Trustee | 1 | $0 |
Lucienne Babbitt Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $33,680 |
| All other contributions, gifts, grants, and similar amounts not included above | $276,293 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $309,973 |
| Total Program Service Revenue | $79,062 |
| Investment income | $5,598 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $18,774 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $413,407 |
| 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. | $143,275 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $8,327 |
| Pension plan accruals and contributions | $2,413 |
| Other employee benefits | $0 |
| Payroll taxes | $11,598 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,464 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $648 |
| Fees for services: Other | $0 |
| Advertising and promotion | $6,007 |
| Office expenses | $5,544 |
| Information technology | $4,347 |
| Royalties | $0 |
| Occupancy | $1,736 |
| 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 | $2,477 |
| All other expenses | $14,996 |
| Total functional expenses | $331,784 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $157,049 |
| Savings and temporary cash investments | $131,175 |
| 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 | $288,224 |
| Accounts payable and accrued expenses | $10,580 |
| 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 | $9,017 |
| Total liabilities | $19,597 |
| Net assets without donor restrictions | $268,627 |
| 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 | $288,224 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Mark Inc Ministries has recieved totaling $8,545.
| Awarding Organization | Amount |
|---|---|
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $8,545 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Lutheran Home At Kane Kane, PA | $8,299,845 | $10,193,303 |
Little Servant Sisters Woodbridge, NJ | $7,631,243 | $7,029,222 |
Little Sisters Of The Poor Of The City And County Of Philadelphia Philadelphia, PA | $10,759,268 | $7,956,134 |
International Service Fellowship Usa Upper Darby, PA | $20,365,794 | $7,523,822 |
Society Of St Vincent De Paul Central Council Of Pittsburgh Pittsburgh, PA | $5,352,791 | $6,782,578 |
Jubilee Ministries Lebanon, PA | $10,567,390 | $8,013,168 |
Catholic Leadership Institute Malvern, PA | $22,337,149 | $8,205,889 |
Turkish-American Community Center Inc Lanham, MD | $86,289,418 | $2,915,322 |
Peylim Lev Lachim lakewood, NJ | $4,589 | $4,953,588 |
Noor Uliman Schools Inc Monmouth Junction, NJ | $5,196,914 | $5,544,541 |
Chi St Joseph Childrens Health Lancaster, PA | $51,266,444 | $4,349,144 |
Philadelphia Waldorf Initiative Inc Philadelphia, PA | $2,220,677 | $4,293,566 |