Ministry Advantage Inc
- Assets
- $96.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mesquite, TX
- Founding
- 08/1999
- Data as of
- 12/2019
- EIN
- 75-2784044
Organization Overview
Ministry Advantage Inc is located in Mesquite, TX. The organization was established in 1999. 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. Ministry Advantage 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 12/2019, Ministry Advantage Inc generated $43.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (16.6%) each year. All expenses for the organization totaled $75.3k during the year ending 12/2019. 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 |
|---|---|---|---|
Vicky Perrenot Secretary | 20 | $13,200 | |
Robert R Olmon Chairman | 45 | $12,000 | |
Lonnie Gienger Director | 1 | $0 | |
Mike Webb Director | 1 | $0 | |
Edwin Jones Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $40,134 |
| Total Program Service Revenue | $3,516 |
| Membership dues | $0 |
| Investment income | $18 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $19 |
| Total Revenue | $43,687 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $34,476 |
| Professional fees and other payments to independent contractors | $1,962 |
| Occupancy, rent, utilities, and maintenance | $900 |
| Printing, publications, postage, and shipping | $424 |
| Other expenses | $37,507 |
| Total expenses | $75,269 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $96,186 |
| Other assets | $0 |
| Total assets | $96,186 |
| Total liabilities | $0 |
| Net assets or fund balances | $96,186 |
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