Charley Cain Ministries Inc
- Assets
- $625.5k
- Revenue
- $44.5k
- Investments
- $604.6k
- Employees
- 0
- Location
- Hartselle, AL
- Founding
- 08/1994
- Data as of
- 12/2022
- EIN
- 63-1085671
Organization Overview
Charley Cain Ministries Inc is located in Hartselle, AL. The organization was established in 1994. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Charley Cain 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, Charley Cain Ministries Inc generated $44.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (58.8%) each year. All expenses for the organization totaled $283.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles L Cain President | 0 | $119,106 | |
Shari Cain Vice Preside | 0 | $0 | |
Taylor C Matz Director | 0 | $0 | |
Madison C Johnson Director | 0 | $0 | |
Logan Cain Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $142 |
| Dividends & Interest | $14,472 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $29,840 |
| Capital Gain Net Income | $1,472 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $44,454 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $119,106 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $1,309 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $2,471 |
| Printing and publications | $0 |
| Other expenses | $3,217 |
| Total operating and administrative expenses | $256,979 |
| Contributions, gifts, grants paid | $26,370 |
| Total expenses and disbursements | $283,349 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,447 |
| Savings and temporary cash investments | $18,519 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $604,571 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $625,537 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |