Galatians 6-2 Inc
- Assets
- $2.7m
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Bradenton, FL
- Founding
- 08/1998
- Data as of
- 12/2021
- EIN
- 65-0729731
Organization Overview
Galatians 6-2 Inc is located in Bradenton, FL. The organization was established in 1998. 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. Galatians 6-2 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, Galatians 6-2 Inc generated $2.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.9% each year . All expenses for the organization totaled $1.9m during the year ending 12/2021. While expenses have increased by 12.0% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO CONNECT LIKE MINDED FAITH-BASED EFFORTS WITH RESOURCES NECESSARY FOR THEM TO CARRY OUT GOD'S VISION FOR THEM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOPE4COMMUNITIES-WE ENSURE THAT ALL CHILDREN WHO ARE HOMELESS AND IN NEED ARE PREPARED FOR SCHOOL BY INITIATING DAYS 4 HOPE AND COACHING FAITH-BASED ORGANIZATIONS TO DEVELOP RELATIONSHIPS WITH CHILDREN AND FAMILIES. SERVED 3,052 STUDENTS WITH NUMEROUS PARTNERING CHURCHES AT 18 EVENTS WITH APPROXIMATELY 3,500 VOLUNTEERS AT OUR 13TH ANNUAL DAYS 4 HOPE.
FORERUNNERS OF AMERICA-RECRUITING AND EDUCATING FORERUNNERS TO BE ALERT TO THE UNIQUE PROBLEMS OF OUR IMMEDIATE NATIONAL STATE AND TO RESPOND APPROPRIATELY.
MUSIC4LIFE PROVIDES DONATED AND REPAIRED MUSICAL INSTRUMENTS AT NO CHARGE TO PUBLIC SCHOOL DISTRICTS FOR USE BY STUDENTS IN NEED. WE DO THIS BECAUSE RESEARCH SHOWS THAT CHILDREN WHO PARTICIPATE IN INSTRUMENTAL MUSIC ACTIVITIES DO BETTER IN NUMEROUS ACADEMIC AREAS AND BECAUSE WE BELIEVE THAT INSTRUMENTAL MUSIC CAN AND DOES SAVE LIVES. WE BELIEVE THAT EVERY CHILD SHOULD HAVE THE OPPORTUNITY TO ENHANCE THEIR EDUCATION THROUGH MUSIC. MUSIC EDUCATION AFFORDS MYRIAD BENEFITS THROUGHOUT LIFE, AND WE ASPIRE TO PROVIDE OPPORTUNITIES FOR ALL CHILDREN TO REAP THOSE BENEFITS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary Crawford President | OfficerTrustee | 4 | $0 |
Ann Crawford Director | Trustee | 0 | $0 |
Mesack Dieudonne Director | Trustee | 0 | $0 |
Marlene Thomas Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,155,508 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,155,508 |
| Total Program Service Revenue | $0 |
| Investment income | $150 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,155,658 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $3,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,813 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $127,991 |
| Advertising and promotion | $270,940 |
| Office expenses | $76,766 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $82,836 |
| Travel | $48,242 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $167,327 |
| Interest | $42,242 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $37,086 |
| Insurance | $18,114 |
| All other expenses | $19,018 |
| Total functional expenses | $1,936,177 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $667,313 |
| Savings and temporary cash investments | $279,012 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $13,292 |
| Loans from Officers, Directors, or Controlling Persons | $57,000 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $663,076 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,048,573 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $273 |
| Total assets | $2,728,539 |
| Accounts payable and accrued expenses | $15,981 |
| 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 | $1,020,610 |
| Secured mortgages and notes payable | $118,041 |
| Unsecured mortgages and notes payable | $317,500 |
| Other liabilities | $0 |
| Total liabilities | $1,472,132 |
| Net assets without donor restrictions | $0 |
| 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 | $1,256,407 |
| Total liabilities and net assets/fund balances | $2,728,539 |
Grants Awarded
Over the last fiscal year, Galatians 6-2 Inc has awarded $3,470 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
VARIOUS INDIVIDUALS PURPOSE: ASSISTANCE WITH MEDICAL BILLS, RENT, FOOD | $2,150 |
VARIOUS INDIVIDUALS PURPOSE: ASSISTANCE TO HOMELESS INDIVIDUALS | $1,320 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Galatians 6-2 Inc has recieved totaling $171,142.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of Sarasota County Inc Sarasota, FL PURPOSE: GENERAL SUPPORT | $102,459 |
Manatee Community Foundation Inc Bradenton, FL PURPOSE: GENERAL SUPPORT, PROGRAM SUPPORT | $16,500 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: EVANGELISM | $16,300 |
Community Foundation Of Sarasota County Inc Sarasota, FL PURPOSE: GENERAL SUPPORT | $10,168 |
Manatee Community Foundation Inc Bradenton, FL PURPOSE: PROGRAM SUPPORT | $10,000 |
Gulf Coast Community Foundation Inc Venice, FL PURPOSE: HUMAN SERVICES | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Inspiritus Inc Atlanta, GA | $4,563,820 | $17,981,504 |
Lifeshape Inc Atlanta, GA | $41,056,311 | $15,846,732 |
Haggai International Institute For Advanced Leadership Training Inc Peachtree Corners, GA | $41,354,774 | $16,620,781 |
Insideout Community Ministries Inc Clearwater, FL | $52,422,753 | $11,970,498 |
Elam Ministries Inc Alpharetta, GA | $5,679,728 | $12,042,641 |
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 |