Wisdomworks Ministries Inc
- Assets
- $43.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Irving, TX
- Founding
- 12/1996
- Data as of
- 08/2022
- EIN
- 75-2673213
Organization Overview
Wisdomworks Ministries Inc is located in Irving, TX. The organization was established in 1996. 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. Wisdomworks 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 08/2022, Wisdomworks Ministries Inc generated $53.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (19.2%) each year. All expenses for the organization totaled $68.6k during the year ending 08/2022. As we would expect to see with falling revenues, expenses have declined by (17.1%) per year over the past 6 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
2022
Describe the Organization's Program Activity:
Part 3
WISDOMWORKS MINISTRIES CONDUCTS MEETINGS TO SPREAD THE GOSPEL OF JESUS CHRIST THROUGH SPEAKING, MUSIC, AND PUBLICATIONS AIMED AT REACHING THE YOUTH OF THE WORLD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jonathan Matlock Vice Chair/d | 1 | $0 | |
Mark Matlock President/di | 40 | $0 | |
Jay Howver Chair/direct | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,050 |
| Total Program Service Revenue | $30,892 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $53,942 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $30,000 |
| Professional fees and other payments to independent contractors | $29,720 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $364 |
| Other expenses | $1,044 |
| Total expenses | $68,628 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $42,965 |
| Other assets | $0 |
| Total assets | $42,965 |
| Total liabilities | $12,286 |
| Net assets or fund balances | $30,679 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Wisdomworks Ministries Inc has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Union Gospel Mission Of Tarrant County Fort Worth, TX | $65,887,376 | $29,455,408 |
Minnie Slaughter Veal Memorial Fund Dallas, TX | $15,276,892 | $11,585,960 |
Glorieta 2-0 Inc Glorieta, NM | $10,000,063 | $8,243,412 |
Modern Day Missions Arlington, TX | $2,308,348 | $8,222,545 |
Global Media Outreach Plano, TX | $2,988,957 | $8,027,207 |
House Of Prayer And Life Incorporated Houston, TX | $2,486,433 | $7,989,653 |
Camp Allen-Camp And Conference Center Navasota, TX | $17,153,236 | $7,942,711 |
West Houston Assistance Ministries Inc Houston, TX | $3,828,529 | $8,204,113 |
Center For Christian Growth Inc New Braunfels, TX | $17,780,504 | $10,473,617 |
Carolina Creek Christian Camp Huntsville, TX | $14,287,598 | $6,641,760 |
Christian Motorcyclists Assn Inc Hatfield, AR | $5,956,243 | $7,886,367 |
New Life Ranch Inc Colcord, OK | $22,344,755 | $6,024,517 |