Koinonia Ministries Inc
- Assets
- $83.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- Clermont, FL
- Founding
- 04/1989
- Data as of
- 12/2021
- EIN
- 59-2916516
Organization Overview
Koinonia Ministries Inc is located in Clermont, FL. The organization was established in 1989. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Koinonia Ministries Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Koinonia 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 12/2021, Koinonia Ministries Inc generated $125.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $73.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
RELIGIOUS MINISTRY
Describe the Organization's Program Activity:
Part 3
ALLOCATIONS ARE MADE AND EXPENSES PAID FOR POOR CHURCHES IN THE UKRAINE, ECUADOR, AND PERU TO HELP THEM PAY FOR EQUIPMENT AND PASTORS' SALARIES.
TRAVEL COSTS FOR TRIPS BY BIBLE TEACHERS AND WORKERS ON SHORT-TERM ASSIGNMENT TO HELP IN CHURCHES RECEIVING THE ABOVE ALLOCATIONS.
SALARIES AND BENEFITS PAID TO OFFICERS/MINISTERS AND BIBLE TEACHERS AND RELATED PAYROLL TAXES.
CONTRIBUTIONS TO OTHER RELIGIOUS MINISTRIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Fredrick E Strombeck Pres., Director | 20 | $7,820 | |
Bette A Strombeck Vp, S, T, Director | 20 | $7,819 | |
Steve Burris Director | 0 | $0 | |
Mark Evans Director | 2 | $0 | |
Gary Beasley Director | 0 | $0 | |
Duane Broom Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $125,190 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $125,192 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $15,639 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $322 |
| Other expenses | $21,893 |
| Total expenses | $73,314 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $83,351 |
| Other assets | $0 |
| Total assets | $83,351 |
| Total liabilities | $0 |
| Net assets or fund balances | $83,351 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Paramount Church Inc Palm Beach, FL | $0 | $8,970,572 |
Allegany Franciscan Ministries Inc Palm Harbor, FL | $132,053,877 | $12,610,220 |
Christian Sharing Center Inc Longwood, FL | $4,167,594 | $10,357,110 |
Maimonides-Shalom Academy Inc Fort Lauderdale, FL | $17,956,185 | $11,187,159 |
Wellspring Living Inc Atlanta, GA | $3,565,992 | $9,107,143 |
Sail-School For Arts-Infused Learning Evans, GA | $15,793,761 | $7,096,452 |
Phil Waldrep Evangelistic Association Decatur, AL | $5,783,944 | $9,174,147 |
Providence Ministries Inc Dalton, GA | $6,212,621 | $7,183,854 |
North Point Productions Inc Alpharetta, GA | $13,308 | $5,389,705 |
Liberty Counsel Inc Orlando, FL | $2,666,429 | $5,572,566 |
Lighthouse Ministries Inc Lakeland, FL | $7,559,592 | $6,055,240 |
Partnership For Southern Equity Atlanta, GA | $12,175,489 | $13,586,243 |