Covenant Stand Ministries Inc
- Assets
- $4.6k
- Revenue
- $6.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Boone, NC
- Founding
- 03/2003
- Data as of
- 12/2023
- EIN
- 56-2279528
Organization Overview
Covenant Stand Ministries Inc is located in Boone, NC. The organization was established in 2003. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Covenant Stand 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 12/2023, Covenant Stand Ministries Inc generated $6.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $6.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
LOCAL: ASSISTING LOCAL FAMILIES WITH MEDICAL BILLS AND HOME REPAIR EXPENSES.
INTERNATIONAL BENEFICENCE: SUPPORTED THREE CHILDREN IN THIRD-WORLD COUNTRIES THROUGH INTERNATIONAL OUTREACH MINISTRY; SUPPORTED TRAINING OF NATIVE EVANGELISTS AND ASSIST IN MAINTAINING A CHILDREN'S HOME FOR ORPHANS IN NORTHERN INDIA.
MISSIONS: SUPPORTED LOCAL MISSIONARY TO AFRICA
DONATION TO LOCAL CHURCH
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 |
|---|---|---|---|
Gwyn R Parsons President | 0 | $0 | |
June B Parsons Vice Preside | 0 | $0 | |
Kelly P Melton Secretary/tr | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $6,800 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $6,800 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $48 |
| Total operating and administrative expenses | $48 |
| Contributions, gifts, grants paid | $6,154 |
| Total expenses and disbursements | $6,202 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,580 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,580 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Covenant Stand Ministries Inc has awarded $6,154 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
COMPASSION INTERNATIONAL PURPOSE: CHILD SPONSORSHIP | $972 |
OVERLAND MISSIONS PURPOSE: MISSIONS | $1,200 |
TIM BARKER PURPOSE: ASSIST W/ REPAIR EXP OF BURNED HOME | $3,568 |
RUMPLE MEMORIAL PRES CHURCH PURPOSE: DONATION | $414 |