Unlock Ministries Inc
- Assets
- $2.3m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 36
- Location
- Midland, TX
- Founding
- 04/2002
- Data as of
- 12/2023
- EIN
- 75-2959142
Organization Overview
Unlock Ministries Inc is located in Midland, TX. The organization was established in 2002. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 12/2023, Unlock Ministries Inc employed 36 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Unlock 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 12/2023, Unlock Ministries Inc generated $1.1m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $1.1m during the year ending 12/2023. While expenses have increased by 8.0% per year over the past 9 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
OPPORTUNITY TRIBE IS A MENTORING COMMUNITY FOR AT-RISK STUDENTS TO DISCOVER THEIR VALUE AND THRIVE. STUDENTS FROM POVERTY ARE THE MOST LIKELY TO HAVE EXPERIENCED MANY ADVERSE CHILDHOOD EXPERIENCES (ACES) AND NEED MENTORS TO STOP THE EMOTIONAL BLEEDING AND HELP THEM HEAL AND BEGIN TO GROW AGAIN. OPPORTUNITY CAMP IS A PROVEN, STRATEGIC EVENT THAT FORMS LIFE-LONG MUTUALLY BENEFICIAL RELATIONSHIP FOR THE COUNSELORS, MENTORS AND STUDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AT OPPORTUNITY CAMP, UP TO 325 STUDENTS ARE GIVEN AN AMAZING, JESUS FOCUSED STAY AWAY CAMP EXPERIENCE FOR FREE. 100 HIGH SCHOOL COUNSELORS AND 50 ADULT LEADERS ARE TRAINED IN CONSCIOUS DISCIPLINE, A TRAUMA INFORMED CARE APPROACH TO MENTORING YOUNG LEADERS. 50-60% OF OUR CAMP COUNSELORS ARE FORMER CAMPERS THAT HAVE RETURNED TO SERVE ON STAFF. 100% OF FORMER CAMPERS WHO SERVE ON STAFF GRADUATED HIGH SCHOOL COMPARED TO 66% OF THEIR PEER CLASS (MINORITY STUDENTS FROM POVERTY).
LITERACY PROGRAMS: FUN ACADEMY & OAKS ACADEMYFUN ACADEMY IS A 5 WEEK IN-TOWN FAITH AND LITERACY DAY CAMP THAT RADICALLY IMPACTSSTUDENTS READING ABILITY. 250 STUDENTS FROM 3RD-8TH GRADE ATTENDED THIS YEAR AND GAINED AN AVERAGE OF 6 MONTHS OF READING ABILITY. MOST STUDENTS IN POVERTY LOSE 2-3 MONTHS OF READING COMPREHENSION EACH SUMMER. THIS IS THE 7TH STRAIGHT YEAR STUDENTS HAVE GAINED 6 MONTHS OF READING ABILITY. OAKS ACADEMY IS A MICRO-SCHOOL WITH 30 STUDENTS IN 1ST-6TH GRADE. STUDENTS MEMORIZE OVER 60 SCRIPTURES EACH YEAR AND HAVE GAINED OVER 2 YEARS OF READING ABILITY EACH YEAR. STUDENTS LEARN HOW TO MANAGE THEIR EMOTIONS AND KEEP OTHERS SAFE.
MENTORING PROGRAMS: FUN CLUBS, OPPORTUNITY GROUPS, MIGHTY MEN, MIGHTY WOMEN &PARENT GROUPS. OP TRIBE HAS BEEN ACTIVELY ENGAGED WITH IN-PERSON MENTORING 400+ STUDENTS IN YEAR ROUND MENTORING EFFORTS. STARTING IN 2ND GRADE, AT-RISK STUDENTS JOIN A SMALL GROUPS AT PUBLIC ELEMENTARY SCHOOLS. FOR THE NEXT 10 YEARS, THEY LEARN CHARACTER LESSONS, SELF-DISCIPLINE AND HOW FAITH CHANGES LEADERS FROM THE INSIDE OUT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Benjamin A Wall Executive Director | 40 | $92,359 | |
Will Krueger Board Member | Trustee | 2 | $0 |
San Smith President | Trustee | 2 | $0 |
Mark Bales Board Member | Trustee | 2 | $0 |
Stacy Nelson Board Member | Trustee | 2 | $0 |
Aaron Battles Vice President | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $967,108 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $967,108 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $144,455 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,111,563 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $92,359 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $355,179 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $34,238 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $27,269 |
| Advertising and promotion | $1,420 |
| Office expenses | $63,312 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $23,382 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $92,772 |
| Insurance | $65,288 |
| All other expenses | $51,925 |
| Total functional expenses | $1,138,638 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $653,443 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,689,836 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,343,279 |
| Accounts payable and accrued expenses | $71,214 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $333,836 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $36,731 |
| Total liabilities | $441,781 |
| Net assets without donor restrictions | $1,535,680 |
| Net assets with donor restrictions | $365,818 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,343,279 |