Russell Ministries Inc
- Assets
- $112.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Calvin, OK
- Founding
- 01/1996
- Data as of
- 12/2022
- EIN
- 73-1477207
Organization Overview
Russell Ministries Inc is located in Calvin, OK. The organization was established in 1996. According to its NTEE Classification (X21) the organization is classified as: Protestant, 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. Russell 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, Russell Ministries Inc generated $92.4k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $98.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
SUPPORT AN ORPHANAGE FOR CHILDREN AND WIDOWS PROVIDE A BUILDING TO WORSHIP AND PROTECTION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Russell President | 40 | $1,000 | |
Jan Russell VP Secretary | 40 | $1,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $92,443 |
| 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 | $92,443 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $4,961 |
| Salaries, other compensation, and employee benefits | $2,000 |
| Professional fees and other payments to independent contractors | $80 |
| Occupancy, rent, utilities, and maintenance | $6,574 |
| Printing, publications, postage, and shipping | $91 |
| Other expenses | $84,254 |
| Total expenses | $97,960 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $3,531 |
| Other assets | $0 |
| Total assets | $112,903 |
| Total liabilities | $5,047 |
| Net assets or fund balances | $107,856 |
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