King Outreach Ministry Inc
- Assets
- $898.9k
- Revenue
- $335.8k
- Investments
- $0.0
- Employees
- 2
- Location
- King, NC
- Founding
- 12/1984
- Data as of
- 12/2021
- EIN
- 56-1409298
Organization Overview
King Outreach Ministry Inc is located in King, NC. The organization was established in 1984. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, under the broad grouping of Human Services and related organizations. As of 12/2021, King Outreach Ministry Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. King Outreach 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 12/2021, King Outreach Ministry Inc generated $335.8k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $251.2k during the year ending 12/2021. 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
PROVIDE ELECTRIC GROCERIES HEATING FUEL HOUSING AND MEDICINE FOR NEEDY INDIVIDUALS AND FAMILIES IN THE LOCAL AREA
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE ELECTRICITY, GROCERIES, HEATING, FUEL, HOUSING, AND MEDICINE FOR NEEDY INDIVIDUALS AND FAMILIES IN THE LOCAL AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeffrey D Brown Executive Director | Trustee | 30 | $28,054 |
Penny R Brown Co Mgr Thrift Shop | Officer | 40 | $16,160 |
Seresa D Poindexter Mgr Thrift Shop | Officer | 40 | $14,215 |
William J Sizemore Treasurer | Officer | 5 | $0 |
David Burge Vicechairperson | Officer | 5 | $0 |
Robin Edwards Chairperson | Officer | 15 | $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 | $220,545 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $220,545 |
| Total Program Service Revenue | $0 |
| Investment income | $93 |
| 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 | $113,920 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $335,807 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $82,765 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $88,212 |
| Compensation of current officers, directors, key employees. | $88,212 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,421 |
| 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 | $7,854 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,988 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $17,628 |
| Insurance | $2,631 |
| All other expenses | $29,350 |
| Total functional expenses | $251,156 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $165,723 |
| Savings and temporary cash investments | $124,500 |
| 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 | $608,636 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $898,859 |
| Accounts payable and accrued expenses | $5,304 |
| 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 | $65,899 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $71,203 |
| Net assets without donor restrictions | $827,656 |
| 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 | $898,859 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that King Outreach Ministry Inc has recieved totaling $698,093.
| Awarding Organization | Amount |
|---|---|
Second Harvest Food Bank Of Northwest North Carolina Inc Winston Salem, NC PURPOSE: FEEDING THE POOR AND | $686,225 |
American Snuff Charitable Trust 2155000037 Nashville, TN PURPOSE: CHARITABLE DONATIONS | $10,000 |
The Duke Energy Foundation Charlotte, NC PURPOSE: MATCHING GIFTS | $720 |
Sam & Pam Hooker Foundation Westfield, NC PURPOSE: TO SUPPORT THE MINISTRY | $700 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $298 |
Reynolds American Foundation Winston Salem, NC PURPOSE: CHARITABLE ACTIVITIES | $150 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Soles 4 Souls Old Hickory, TN | $32,677,835 | $92,759,575 |
Thdf Ii Inc Atlanta, GA | $179,301,928 | $109,861,621 |
United Food Force Inc Mcdonough, GA | $2,007,344 | $13,651,508 |
Crisis Assistance Ministry Charlotte, NC | $9,210,179 | $12,946,602 |
Urban Ministries Of Wake County Inc Raleigh, NC | $7,262,423 | $11,747,038 |
Hca Hope Fund Nashville, TN | $21,200,285 | $11,328,129 |
North Fulton Community Charities Inc Roswell, GA | $11,894,105 | $9,822,757 |
Mercy Chefs Inc Portsmouth, VA | $5,186,203 | $10,305,611 |
Together Rising Falls Church, VA | $3,141,872 | $7,574,993 |
Graceworks Ministries Inc Franklin, TN | $5,757,602 | $9,107,244 |
The Center For Family Resources Inc Marietta, GA | $3,412,600 | $7,984,553 |
Food For Others Inc Fairfax, VA | $7,441,575 | $8,993,169 |