Crown Financial Ministries Inc

Organization Overview

Crown Financial Ministries Inc is located in Knoxville, TN. The organization was established in 1976. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 03/2024, Crown Financial Ministries Inc employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Crown Financial 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 03/2023, Crown Financial Ministries Inc generated $5.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $5.0m during the year ending 03/2023. While expenses have increased by 0.7% per year over the past 8 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO TEACH BIBLICAL PRINCIPLES OF FINANCE/ MONEY MANAGEMENT AND TRAIN OTHERS TO TEACH THESE PRINCIPLES.

Describe the Organization's Program Activity:

BROADCASTING & SOCIAL MEDIA- ACROSS THE U.S. AND INTERNATIONALLY ON A NETWORK OF 1,249 TERRESTRIAL RADIO STATIONS AND OUTLETS, AND THROUGH THE INTERNET, CROWN'S PROGRAMS POTENTIALLY TEACH GOD'S FINANCIAL PRINCIPLES TO 8,333,500 LISTENERS. COUNTLESS MORE LEARN THROUGH CEO CHUCK BENTLEY'S BLOG AND CROWN'S TWEETS AND FACEBOOK POSTS.


NATIONAL MINISTRIES - REGIONALLY BASED TEAMS IN NORTH AMERICA WORK WITH COMMUNITY, PARACHURCH MINISTRIES AND CHURCH TEAMS, ASSISTING THEM TO IMPLEMENT SMALL GROUP STUDIES, MONEY LIFE COACH TRAINING, AND OTHER CROWN TEACHING RESOURCES.


INTERNATIONAL OPERATIONS - CROWN SUPPORTS MINISTRIES IN SOUTH AMERICA AND SUB-SAHARAN AFRICA THROUGH GRANTS. ALSO, IT HAS COMMITTED RESOURCES TO TRANSLATING VARIOUS MATERIALS INTO NON-ENGLISH LANGUAGES AND TRAVELS TO THESE REGIONS TO SUPPORT THE VARIOUS MINISTRIES.


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Board, Officers & Key Employees

Name (title)Compensation
Chuck Bentley
CEO
$151,888
Sheila Thompson
VP Of Donor Relations
$119,002
Handre Dejongh
VP - Pships & Global Dev
$112,297
Tracey Fries
COO
$100,925
Calvin Dillinger
Sr Director Of Operations
$100,975
Wayne Everbach
CFO
$80,491

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Launch Thought
It Services
$108,710
Drake Software Llc
Licensing
$107,255
View All Vendors

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$4,336,749
Noncash contributions included in lines 1a–1f $389
Total Revenue from Contributions, Gifts, Grants & Similar$4,336,749
Total Program Service Revenue$396,700
Investment income $96,873
Tax Exempt Bond Proceeds $0
Royalties $86,522
Net Rental Income $0
Net Gain/Loss on Asset Sales -$20,162
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $340,426
Miscellaneous Revenue$0
Total Revenue $5,405,847

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