Beverly Smith Ministries
- Assets
- $123.0k
- Revenue
- $134.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Charlotte, NC
- Founding
- 05/1996
- Data as of
- 12/2023
- EIN
- 56-1954101
Organization Overview
Beverly Smith Ministries is located in Charlotte, NC. The organization was established in 1996. According to its NTEE Classification (X80) the organization is classified as: Religious Media & Communications, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Beverly Smith 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 12/2023, Beverly Smith Ministries generated $134.9k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $137.8k during the year ending 12/2023. While expenses have increased by 1.2% per year over the past 5 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
OUR FAITH BASED ORGANIZATION SERVES THE COMMUNITY, FAMILIES, YOUTH AND THE ELDERLY WITH TRAINING PROGRAMS AND SEMINARS IN A VARIETY OF AREAS, INCLUDING CHRISTIAN BIBLE TEACHING, MENTORING, TUTORING AND LIFE TRAINING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONATIONS MADE TO OTHER CHRISTIAN CHARITABLE MINISTRIES AND INDIVIDUALS WHO HAVE PROGRAMS FOR BIBLICAL TEACHING; AND INDIVIDUALS WHO HAVE ECONOMIC HARDSHIPS
WEEKLY TELEVISION AND RADIO PROGRAMS AIRED THAT CENTERED AROUND BIBLICAL TEACHING AND SPIRITUAL GROWTH. APPROXIMATELY 20000+ WERE REACHED THROUGH THE BROADCASTS.
CHRISTIAN TEACHING INSTITUTE - TRAINING OF INDIVIDUALS IN ORDER TO BE ABLE TO TEACH BIBLICAL PRINCIPLES TO OTHERS.
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 |
|---|---|---|---|
Beverly Smith President | OfficerTrustee | 30 | $8,260 |
Sandra Waller Vice President | OfficerTrustee | 2 | $6,432 |
Bryan Reid Director | Trustee | 1 | $0 |
James Smith Director | Trustee | 1 | $0 |
Lillie Belle Moore Director | 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 | $131,256 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $131,256 |
| Total Program Service Revenue | $3,600 |
| Investment income | $3 |
| 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 | $134,859 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $16,484 |
| 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 | $7,108 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $44,000 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $439 |
| Interest | $3,405 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,558 |
| All other expenses | $11,928 |
| Total functional expenses | $137,774 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $107,019 |
| Savings and temporary cash investments | $0 |
| 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 | $15,989 |
| Total assets | $123,008 |
| Accounts payable and accrued expenses | $0 |
| 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 | $53,000 |
| Other liabilities | $0 |
| Total liabilities | $53,000 |
| Net assets without donor restrictions | $70,008 |
| 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 | $123,008 |