Shively Area Ministries Inc
- Assets
- $1.5m
- Revenue
- $811.8k
- Investments
- $467.9k
- Employees
- 11
- Location
- Louisville, KY
- Founding
- 05/1989
- Data as of
- 06/2023
- EIN
- 61-1134579
Organization Overview
Shively Area Ministries Inc is located in Louisville, KY. The organization was established in 1989. According to its NTEE Classification (L80) the organization is classified as: Housing Support, under the broad grouping of Housing & Shelter and related organizations. As of 06/2023, Shively Area Ministries Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shively Area 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 06/2023, Shively Area Ministries Inc generated $811.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $881.4k during the year ending 06/2023. While expenses have increased by 1.8% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO RESPOND IN THE SPIRIT OF CHRIST TO PERSONS IN POVERTY AND IN CRISIS BY UNITING THE COMMUNITY FOR SERVICE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO OFFER IMMEDIATE CARE TO THOSE IN CRISIS AND TO OFFER HOPE THROUGH EMPOWERMENT WHILE STRIVING FOR FINANCIAL STABILITY FOR CLIENTS AND THE ORGANIZATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Keith Larson Chair | OfficerTrustee | 1 | $0 |
Amy Washburn Vice Chair | OfficerTrustee | 1 | $0 |
Linda Clark Treasurer | OfficerTrustee | 1 | $0 |
Amber Ladd Secretary | OfficerTrustee | 1 | $0 |
Kim Alexander Director | Trustee | 1 | $0 |
John Daunhauer Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $84,700 |
| All other contributions, gifts, grants, and similar amounts not included above | $661,643 |
| Noncash contributions included in lines 1a–1f | $48,683 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $746,343 |
| Total Program Service Revenue | $0 |
| Investment income | $7,812 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $5,500 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $52,184 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $811,839 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $376,806 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $102,066 |
| Compensation of current officers, directors, key employees. | $20,652 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $193,073 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $43,149 |
| Payroll taxes | $22,516 |
| Fees for services: Management | $1,132 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $53,226 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $981 |
| Office expenses | $7,458 |
| Information technology | $13,218 |
| Royalties | $0 |
| Occupancy | $15,164 |
| Travel | $1,925 |
| 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 | $33,232 |
| Insurance | $7,688 |
| All other expenses | $0 |
| Total functional expenses | $881,447 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $182,853 |
| Savings and temporary cash investments | $359,132 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $169,690 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $10,609 |
| Prepaid expenses and deferred charges | $15,734 |
| Net Land, buildings, and equipment | $287,127 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $467,910 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,493,055 |
| Accounts payable and accrued expenses | $22,959 |
| Grants payable | $0 |
| Deferred revenue | $17,190 |
| 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 | $40,149 |
| Net assets without donor restrictions | $1,186,773 |
| Net assets with donor restrictions | $266,133 |
| 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 | $1,493,055 |