Ministering Circle Of Wilmington N C
- Assets
- $1.9m
- Revenue
- $177.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Wilmington, NC
- Founding
- 10/1949
- Data as of
- 12/2021
- EIN
- 58-1479685
Organization Overview
Ministering Circle Of Wilmington N C is located in Wilmington, NC. The organization was established in 1949. According to its NTEE Classification (E99) the organization is classified as: Health Care N.E.C., under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ministering Circle Of Wilmington N C 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, Ministering Circle Of Wilmington N C generated $177.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $157.3k during the year ending 12/2021. While expenses have increased by 6.1% per year over the past 7 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.
Since 2016, Ministering Circle Of Wilmington N C has awarded 37 individual grants totaling $694,157. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE MEDICAL AND SCHOLARSHIP ASSISTANCE
Describe the Organization's Program Activity:
Part 3 - Line 4a
MINISTERING CIRCLE OF WILMINGTON FULFILLED ITS MISSION OF PROVIDING MEDICAL AND SCHOLARSHIP ASSISTANCE TO THE LOCAL COMMUNITY BY DISBURSING GRANTS TO LOCAL NONPROFITS AS DETAILED ON SCHEDULE I AND SCHEDULE O.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Holly Bullard President | OfficerTrustee | 1 | $0 |
Suzanne Coleman Rec. Secretary | OfficerTrustee | 1 | $0 |
Ginger Wessell Treasurer | OfficerTrustee | 1 | $0 |
Margo Miars Corr. Secretary | OfficerTrustee | 1 | $0 |
Anne Gore Vice President | OfficerTrustee | 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 | $40,240 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $40,240 |
| Total Program Service Revenue | $0 |
| Investment income | $82,195 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $20,488 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $34,104 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $177,027 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $141,600 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $1,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $12,995 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| 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 | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $157,283 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $46,568 |
| 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 | $1,817,252 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,863,820 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $1,863,820 |
| 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 | $1,863,820 |
Grants Awarded
Over the last fiscal year, Ministering Circle Of Wilmington N C has awarded $124,600 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
Wilmington, NC PURPOSE: Community health, Help Hub. | $35,000 |
Wilmington, NC PURPOSE: Scholarships | $20,000 |
Wilmington, NC PURPOSE: Operating support | $20,000 |
Wilmington, NC PURPOSE: Scholarships | $20,000 |
Wilmington, NC PURPOSE: Operating support | $12,600 |
Wilmington, NC PURPOSE: Pediatric dental clinics | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Ministering Circle Of Wilmington N C has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
Isabel James Lehto Foundation Inc Wrightsville Beach, NC PURPOSE: NURSING SCHOLARSHIPS | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
East Georgia Healthcare Center Inc Swainsboro, GA | $14,076,225 | $20,351,311 |
Qsource Memphis, TN | $27,560,294 | $14,798,417 |
Community Medicine Foundation Rock Hill, SC | $12,768,972 | $15,535,244 |
North Carolina Alliance Of Public Health Agencies Inc Raleigh, NC | $4,947,207 | $12,977,982 |
Aid Upstate Greenville, SC | $7,616,238 | $10,409,304 |
Zero Prostate Cancer Alexandria, VA | $7,871,432 | $10,066,484 |
Interfaith Dental Clinic Of Nashville Nashville, TN | $11,283,071 | $7,836,230 |
National Pace Association Alexandria, VA | $5,227,385 | $6,590,874 |
Hereditary Angioedema Association Inc Fairfax, VA | $9,129,787 | $7,202,295 |
Highland Medical Center Inc Monterey, VA | $7,695,747 | $4,554,367 |
Idsa Education And Research Foundation Arlington, VA | $3,203,937 | $4,528,287 |
Crater Community Hospice Inc Petersburg, VA | $5,454,703 | $3,847,143 |