Carol Peet Ministries
- Assets
- $109.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Pampa, TX
- Founding
- 01/2001
- Data as of
- 12/2019
- EIN
- 75-2871059
Organization Overview
Carol Peet Ministries is located in Pampa, TX. The organization was established in 2001. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Carol Peet Ministries 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, Carol Peet Ministries generated $57.9k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $18.8k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (17.6%) per year over the past 5 years. 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 |
|---|---|---|---|
Linda Risley Treasurer | 10 | $5,100 | |
Kimberly Peet Secretary | 10 | $5,100 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $27,381 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $87 |
| Gain or Loss | $30,419 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $57,887 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $10,980 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $1,134 |
| Printing, publications, postage, and shipping | $63 |
| Other expenses | $2,259 |
| Total expenses | $18,772 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $109,731 |
| Other assets | $0 |
| Total assets | $109,731 |
| Total liabilities | $0 |
| Net assets or fund balances | $109,731 |