Ashure Ministry Inc
- Assets
- $2.5m
- Revenue
- $6.2m
- Investments
- $0.0
- Employees
- 23
- Location
- Newton, NC
- Founding
- 07/1971
- Data as of
- 12/2023
- EIN
- 56-0946753
Organization Overview
Ashure Ministry Inc is located in Newton, NC. The organization was established in 1971. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2023, Ashure Ministry Inc employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ashure Ministry 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 12/2023, Ashure Ministry Inc generated $6.2m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 32.3% each year . All expenses for the organization totaled $5.7m during the year ending 12/2023. While expenses have increased by 28.4% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO SERVE PEOPLE IN NEED OF CRISIS ASSISTANCE, SUPPORT AND EDUCATION TO RESPOND TO GODS CALL
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED DIRECT FINANCIAL ASSISTANCE TO 1168 INDIVIDUALS (NOT UNDUPLICATED) INDIVIDUALS FOR A TOTAL OF $338,764. THIS ASSISTANCE INCLUDED UTILITY PAYMENTS, RENT/ MORTGAGE PAYMENTS, AND OTHER MISCELLANEOUS ASSISTANCE. ALSO DISTRIBUTED FOOD AND OTHER ITEMS TO 47,709 INDIVIDUALS (NOT UNDUPLICATED) WHICH HAD AN APPROXIMATE AVERAGE WHOLESALE VALUE OF $4,370,322. THE ITEMS IN ADDITION TO FOOD WAS NEEDED CLOTHING, SHOES, COATS, PET FOOD, BABY FOOD, DIAPERS, PERSONAL/HYGIENE PRODUCTS, INCONTINENCE SUPPLIES AND FANS.
ECCCM HAS CONTRACTED WITH THE CATAWBA COUNTY DEPARTMENT OF SOCIAL SERVICES TO ADMINISTER THE CRISIS INTERVENTION PROGRAM, THE LOW INCOME ENERGY ASSISTANCE PROGRAM, THE LOW INCOME HOUSEHOLD WATER ASSISTANCE PROGRAM, AND CARES (COVID) FUNDS FOR ALL CATAWBA COUNTY RESIDENTS. ALL APPLICATIONS FOR ASSISTANCE ARE PROCESSED BY ECCCM CASE WORKERS. THE APPLICATIONS ARE THEN FORWARDED TO THE COUNTY FOR PAYMENT. THROUGH THESE PROGRAMS, ECCCM ASSISTED AN ADDITIONAL 7,127 (NOT UNDUPLICATED) INDIVIDUALS WITH FINANCIAL ASSISTANCE IN THE AMOUNT OF $1,024,817.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joe Lichtenwalner President | OfficerTrustee | 2 | $0 |
Mitch Long Secretary | OfficerTrustee | 2 | $0 |
Richard Boyett Treasurer | OfficerTrustee | 2 | $0 |
Cindy Sigmon Past President | Trustee | 2 | $0 |
Rebecca Bleich Board Member | Trustee | 2 | $0 |
Roger Decato Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $88,454 |
| Related organizations | $0 |
| Government grants | $134,323 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,721,201 |
| Noncash contributions included in lines 1a–1f | $5,004,535 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,943,978 |
| Total Program Service Revenue | $127,648 |
| Investment income | $1,370 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$15,338 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $150,194 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,207,852 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $4,802,664 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $137,112 |
| Compensation of current officers, directors, key employees. | $21,938 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $396,661 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $38,583 |
| Payroll taxes | $41,620 |
| Fees for services: Management | $15,703 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,203 |
| 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 | $30,697 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $23,381 |
| Travel | $3,600 |
| 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 | $39,591 |
| Insurance | $17,580 |
| All other expenses | $63,766 |
| Total functional expenses | $5,655,917 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $303,185 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $48,694 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $373,055 |
| Prepaid expenses and deferred charges | $196 |
| Net Land, buildings, and equipment | $840,530 |
| Investments—publicly traded securities | $893,369 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $47,664 |
| Total assets | $2,506,693 |
| Accounts payable and accrued expenses | $13,048 |
| 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 | $7,027 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $20,075 |
| Net assets without donor restrictions | $2,140,676 |
| Net assets with donor restrictions | $345,942 |
| 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 | $2,506,693 |