Carol Kornacki Ministries Inc
- Assets
- $64.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Charlotte, NC
- Founding
- 04/1996
- Data as of
- 12/2022
- EIN
- 59-3218354
Organization Overview
Carol Kornacki Ministries Inc is located in Charlotte, NC. The organization was established in 1996. According to its NTEE Classification (A30) the organization is classified as: Media & Communications, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Carol Kornacki 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 12/2022, Carol Kornacki Ministries Inc generated $62.2k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $43.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.3%) per year over the past 8 years. 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
2022
Describe the Organization's Program Activity:
Part 3
MINISTRY TO THOUSANDS OF PEOPLE AND EVANGELISTIC SERVICES. MANY PEOPLE ACCEPT JESUS, ARE HEALED AND DELIVERED THROUGH MINISTRY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carol Kornacki President | 40 | $11,100 | |
Marilynn Bonner Vice President | 10 | $0 | |
Lisa Ufland Secretary | 10 | $0 | |
Jacquelyn Golba Director | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $62,181 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $62,181 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $3,093 |
| Salaries, other compensation, and employee benefits | $27,961 |
| Professional fees and other payments to independent contractors | $265 |
| Occupancy, rent, utilities, and maintenance | $660 |
| Printing, publications, postage, and shipping | $360 |
| Other expenses | $11,295 |
| Total expenses | $43,634 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $64,005 |
| Other assets | $0 |
| Total assets | $64,005 |
| Total liabilities | $5,866 |
| Net assets or fund balances | $58,139 |