Infinite Grace Ministries Inc
- Assets
- $245.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 3
- Location
- Weatherford, OK
- Founding
- 09/1999
- Data as of
- 06/2023
- EIN
- 73-1563926
Organization Overview
Infinite Grace Ministries Inc is located in Weatherford, OK. The organization was established in 1999. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. As of 06/2023, Infinite Grace Ministries Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Infinite Grace 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 06/2023, Infinite Grace Ministries Inc generated $81.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.3%) each year. All expenses for the organization totaled $107.3k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (2.2%) per year over the past 8 years. 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
2023
Describe the Organization's Program Activity:
Part 3
SEE SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dixie Yoder Executive Dir. | 40 | $19,926 | |
Loren Dick President | 0 | $0 | |
Rick Spain Director | 0 | $0 | |
Heather Spain Secretary | 0 | $0 | |
David Eyster Director | 0 | $0 | |
Phillip Reid Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $68,584 |
| Total Program Service Revenue | $12,875 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $81,594 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $54,416 |
| Professional fees and other payments to independent contractors | $5,924 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $46,947 |
| Total expenses | $107,287 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $214,794 |
| Other assets | $0 |
| Total assets | $245,902 |
| Total liabilities | $1,505 |
| Net assets or fund balances | $244,397 |