Seed Of Abraham Ministries Inc

Organization Overview

Seed Of Abraham Ministries Inc is located in Merritt Island, FL. The organization was established in 2017. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Seed Of Abraham Ministries Inc employed 14 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Seed Of Abraham 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, Seed Of Abraham Ministries Inc generated $4.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.7% each year . All expenses for the organization totaled $3.2m during the year ending 12/2021. While expenses have increased by 9.8% 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.

Since 2015, Seed Of Abraham Ministries Inc has awarded 17 individual grants totaling $887,983. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

RELIGIOUS CHARITABLE ORGANIZATION

Describe the Organization's Program Activity:

Part 3 - Line 4a

PRAYER AND WORHSIP AND INDEPTH GROUP STUDY OF THE BIBLE. ADULT AND CHILD BIBLE STUDY CLASSES. ORGANIZATION DONATES TO OTHER CHARITABLE ORGANIZATIONS.


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Board, Officers & Key Employees

Name (title)Compensation
Patricia Stallard
Board Member
$55,140
Thomas Bradford
Board Member
$0
Robert Lehton
Board Member
$0
Thomas Williamson
Board Member
$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$4,068,037
Noncash contributions included in lines 1a–1f $11,608
Total Revenue from Contributions, Gifts, Grants & Similar$4,068,037
Total Program Service Revenue$0
Investment income $120
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $34,680
Net Gain/Loss on Asset Sales -$29
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $118,129
Miscellaneous Revenue$0
Total Revenue $4,223,778

Grants Awarded

Over the last fiscal year, Seed Of Abraham Ministries Inc has awarded $322,808 in support to 2 organizations.

Grant RecipientAmount

Hermosa Beach, CA

PURPOSE: Contribution

$303,758

CONGREGATION BEIT T'FILAH MINISTRY

PURPOSE: Contribution

$19,050
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Seed Of Abraham Ministries Inc has recieved totaling $10,900.

Awarding OrganizationAmount
Organization Name not Listed

PURPOSE: CHARITABLE

|

$10,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$900
View Grant Recipient Profile

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