Billy Banks Ministries Inc
- Assets
- $41.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Flower Mound, TX
- Founding
- 08/2000
- Data as of
- 12/2018
- EIN
- 73-1576602
Organization Overview
Billy Banks Ministries Inc is located in Flower Mound, TX. The organization was established in 2000. 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. Billy Banks 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 12/2018, Billy Banks Ministries Inc generated $171.1k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 26.5% each year . All expenses for the organization totaled $172.3k during the year ending 12/2018. While expenses have increased by 23.4% per year over the past 4 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2018
Describe the Organization's Program Activity:
Part 3
RAISE MONEY FOR SCHOOL IN KENYA FOR TRAINING PASTORS
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Banks President | 40 | $36,000 | |
Marcia Mathis Secretary | 3 | $0 | |
Dr Truman Martin Director | 1 | $0 | |
Ted Mercer Director | 1 | $0 | |
Eltha Banks Vice President | 30 | $0 | |
Myra Mathis Treasurer | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $171,117 |
| 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 | $171,117 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $40,280 |
| Professional fees and other payments to independent contractors | $3,275 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $419 |
| Other expenses | $55,109 |
| Total expenses | $172,274 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $41,246 |
| Other assets | $0 |
| Total assets | $41,246 |
| Total liabilities | $0 |
| Net assets or fund balances | $41,246 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Billy Banks Ministries Inc has recieved totaling $3,800.
| Awarding Organization | Amount |
|---|---|
Wallace And June Blume Charitable Foundation Wayland, MI PURPOSE: UNRESTRICTED | $3,800 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Trinity Christian Center Of Santa Ana Inc Fort Worth, TX | $220,989,355 | $120,975,345 |
Central Missionary Clearinghouse Inc Houston, TX | $6,419,067 | $44,656,736 |
Parish Episcopal School Dallas, TX | $99,531,938 | $38,441,453 |
Omega Charitable Developers Inc Houston, TX | $6,275,678 | $33,763,984 |
Rightnow Ministries International McKinney, TX | $45,408,215 | $33,884,225 |
Newman International Academy Arlington, TX | $46,580,877 | $32,428,105 |
Pine Cove Inc Tyler, TX | $43,410,564 | $33,919,246 |
Interfaith Ministries For Greater Houston Houston, TX | $17,611,753 | $29,868,273 |
Bible Study Fellowship San Antonio, TX | $20,886,435 | $27,831,196 |
Hosanna Albuquerque, NM | $66,066,591 | $27,487,086 |
Apartment Life Inc Bedford, TX | $5,807,926 | $23,558,847 |
Liberty Educational Ministries Inc Argyle, TX | $56,879,806 | $25,424,585 |