Feed My Sheep Ministries Inc
- Assets
- $118.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Willmar, MN
- Founding
- 09/1999
- Data as of
- 12/2022
- EIN
- 73-1279165
Organization Overview
Feed My Sheep Ministries Inc is located in Willmar, MN. The organization was established in 1999. According to its NTEE Classification (K26) the organization is classified as: Animal Husbandry, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Feed My Sheep 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, Feed My Sheep Ministries Inc generated $161.3k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 66.6% each year . All expenses for the organization totaled $69.3k during the year ending 12/2022. While expenses have increased by 25.5% per year over the past 2 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rev Teresa Larsen President | 35 | $4,728 | |
Rev Dennis Krey Vice President | 0 | $0 | |
Kim Larsen Secretary/treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $161,296 |
| 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 | $161,296 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $25,709 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $21,134 |
| Printing, publications, postage, and shipping | $1,660 |
| Other expenses | $20,823 |
| Total expenses | $69,326 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $118,597 |
| Other assets | $0 |
| Total assets | $118,597 |
| Total liabilities | $18,341 |
| Net assets or fund balances | $100,256 |