Mount Olive Ministry Inc
- Assets
- $643.1k
- Revenue
- $626.4k
- Investments
- $0.0
- Employees
- 18
- Location
- Mt Olive, MS
- Founding
- 12/1997
- Data as of
- 12/2021
- EIN
- 64-0884158
Organization Overview
Mount Olive Ministry Inc is located in Mt Olive, MS. The organization was established in 1997. According to its NTEE Classification (I21) the organization is classified as: Youth Violence Prevention, under the broad grouping of Crime & Legal-Related and related organizations. As of 12/2021, Mount Olive Ministry Inc employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mount Olive Ministry 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, Mount Olive Ministry Inc generated $626.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.6% each year . All expenses for the organization totaled $421.5k during the year ending 12/2021. While expenses have increased by 10.2% 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDING CHRISTIAN EDUCATION, RECREATION, YOUTH LEADERSHIP DEVELOPMENT, COUNSELING AND FAMILY DEVELOPMENT THROUGH VARIOUS PROGRAMS. ADDITIONALLY, THE ORGANIZAATION PROVIDES ACTIVITIES AND A CHRISTIAN ENVIRONMENT FOR YOUTHS AFTER SCHOOL.
Describe the Organization's Program Activity:
THE MINISTRY OPERATEDS AN ELEMENTARY SCHOOL WITH 9 TEACHERS FOR UNDERSERVED CHILDREN IN THE AREA. THE MINISTRY ALSO OPERATES A PROGRAM CALLED KIDS ZONE THAT PROVIDES CHILDREN AT RISK OF SCHOOL FAILURE WITH BOTH ACADEMIC AND BIBLICAL STUDIES TO BREAK THE CYCLE OF DROPPING OUT OF SCHOOL THE PROGRAM HAD AN AVERAGE OF 52 KIDS AND 5 ADULT WORKERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tony Duckworth Jr Board Member | Trustee | 3 | $2,016 |
Steve Duckworth Chairman | OfficerTrustee | 0.25 | $0 |
Natasha Leggett Secretary | OfficerTrustee | 0.25 | $0 |
Roselana Harper Board Member | Trustee | 8.5 | $0 |
Debra Duckworth Board Member | Trustee | 0.25 | $0 |
Ricky Mclauren Board Member | Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $50,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $536,054 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $586,054 |
| Total Program Service Revenue | $29,435 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$2,774 |
| Net Gain/Loss on Asset Sales | $11,026 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $626,421 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $14,835 |
| 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. | $84,450 |
| Compensation of current officers, directors, key employees. | $12,365 |
| Compensation to disqualified persons | $32,763 |
| Other salaries and wages | $107,582 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,571 |
| Payroll taxes | $22,301 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,025 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $9,863 |
| Advertising and promotion | $0 |
| Office expenses | $31,517 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $25,976 |
| Travel | $6,945 |
| 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 | $18,614 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $421,527 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $276,778 |
| Savings and temporary cash investments | $40,000 |
| 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 | $326,281 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $643,059 |
| Accounts payable and accrued expenses | $6,496 |
| 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 | $67,746 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $74,242 |
| Net assets without donor restrictions | $568,817 |
| 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 | $643,059 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Mount Olive Ministry Inc has recieved totaling $92,500.
| Awarding Organization | Amount |
|---|---|
Davis Elkins Foundation Ua 09202013 Detroit, MI PURPOSE: SUPPORT OF DAILY ACTIVITIES | $75,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $17,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Counsel For Advancement Of Social Service And Education Shreveport, LA | $4,414,761 | $6,927,032 |
Volunteers For Youth Justice Shreveport, LA | $1,359,328 | $3,841,338 |
Louisiana Center For Childrens Rights New Orleans, LA | $2,987,996 | $3,444,355 |
Community Receiving Home Inc Alexandria, LA | $5,645,017 | $3,252,520 |
Impact Family Counseling Vestavia Hills, AL | $3,797,190 | $2,650,337 |
Better Basics Inc Birmingham, AL | $2,776,280 | $1,655,038 |
New Vision Inc Nashville, TN | $216,309 | $992,754 |
East Baton Rouge Truancy Assessment Inc Baton Rouge, LA | $788,875 | $971,099 |
Families And Friends Of Louisianasincarcerated Children New Orleans, LA | $1,941,456 | $1,785,224 |
Blount County Childrens Advocacy Center Inc Maryville, TN | $3,168,741 | $1,307,932 |
23rd District Judicial Advocates Inc Ashland City, TN | $294,068 | $463,416 |
Urbanpromise Honduras Inc Nashville, TN | $708,307 | $1,081,395 |