Teleios Ministry
- Assets
- $997.7k
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 10
- Location
- Greenville, SC
- Founding
- 12/2001
- Data as of
- 12/2023
- EIN
- 57-1109271
Organization Overview
Teleios Ministry is located in Greenville, SC. The organization was established in 2001. According to its NTEE Classification (X11) the organization is classified as: Single Organization Support, under the broad grouping of Religion-Related and related organizations. As of 12/2023, Teleios Ministry employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Teleios Ministry 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, Teleios Ministry generated $1.3m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $1.3m during the year ending 12/2023. While expenses have increased by 3.4% 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
TELEIOS MINISTRY ASSISTS INDIGENOUS GROUPS AND LEADERS IN DEVELOPING THEIR VISION INTO SUSTAINABLE MINISTRIES OR ENTITIES. THE MAJOR ACTIVITIES ARE RELATED TO MINISTRY ASSISTANCE, LEADERSHIP COMMUNITY/CHILD DEVELOPMENT
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTINUED TO EMPHASIZE LOCAL EMPOWERMENT AND LEADERSHIP DEVELOPMENT EFFORTS DURING THE YEAR. FUNDS PROVIDED FOR CONTINUING COMMUNITY WATER RESOURCE DEVELOPMENT, SPONSORSHIPS FOR ORPHANS AND VULNERABLE CHILDREN, HUNGER RELIEF, AND EDUCATION MINISTRY INFRASTRUCTURE.
CONTINUING SUPPORT OF TWO CHILDRENS HOME FACILITIES AND RELATED STAFFING AND OTHER OPERATING EXPENSES. FINANCIAL SUPPORT FOR SECONDARY SCHOOL AND BOTH SCHOLARSHIPS AND CONTINUING ALUMNI SUPPORT TO DEVELOP BUSINESS ENTERPRISE THAT WILL PROVIDE GREATER FINANCIAL SELF-SUSTAINABILITY. CONTINUED TO EMPHASIZE PROFESSIONAL AND LEADERSHIP DEVELOPMENT AMONG INDIGENOUS LEADERS AS TRAVEL CONTINUED TO BE LIMITED.
CONTINUED SUPPORT FOR LEADERSHIP DEVELOPMENT, TRAINING IN BUSINESS ENTREPRENEURSHIP, CHURCH GROWTH AND SUPPORT OF CHILDRENS HOME. SUPPORT FOR LEADERSHIP AND MENTORSHIP TO CONTINUE MOVEMENT TOWARD GREATER ECONOMIC AND STRATEGIC SELF-SUFFICIENCY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr James Floyd Parker Lead Director | OfficerTrustee | 30 | $0 |
Mrs Bonnilyn H Parker Lead Director | Trustee | 30 | $0 |
Rev Dean Kaufman Deceased Former Director | Trustee | $0 | |
Dr Alan Stanford Director | Trustee | 1 | $0 |
Mrs April Huguenin Director | Trustee | 1 | $0 |
Dr Ronald Davis Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $73,369 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,067,700 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,141,069 |
| Total Program Service Revenue | $153,382 |
| Investment income | $2,085 |
| 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 | $1,296,536 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $98,000 |
| Grants and other assistance to domestic individuals. | $101,671 |
| Grants and other assistance to Foreign Orgs/Individuals | $907,661 |
| 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 | $119,519 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,104 |
| 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 | $6,887 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $6,792 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $9,880 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,592 |
| All other expenses | $10,585 |
| Total functional expenses | $1,287,058 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $420,345 |
| 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 | $577,379 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $997,724 |
| Accounts payable and accrued expenses | $8,199 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $30,507 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $95,824 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $134,530 |
| Net assets without donor restrictions | $863,194 |
| 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 | $997,724 |
Grants Awarded
Over the last fiscal year, Teleios Ministry has awarded $98,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
ROAR PURPOSE: Specially equipped vehicle | $85,900 |
7 ADDITIONAL ORGANIZATIONS LESS THAN 5000 EACH PURPOSE: Assistance with charitable goals | $12,100 |