Interfaith Caring Ministries Inc
- Assets
- $3.0m
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 21
- Location
- League City, TX
- Founding
- 07/1985
- Data as of
- 12/2023
- EIN
- 76-0143694
Organization Overview
Interfaith Caring Ministries Inc is located in League City, TX. The organization was established in 1985. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2023, Interfaith Caring Ministries Inc employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Interfaith Caring 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, Interfaith Caring Ministries Inc generated $2.5m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 9.1% each year. All expenses for the organization totaled $2.3m during the year ending 12/2023. While expenses have increased by 8.1% 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
INTERFAITH CARING MINISTRIES ASSISTS THOSE IN NEED WHO LIVE IN THE TEXAS BAY AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SOCIAL SERVICES PROVIDES REFERRALS TO VARIOUS SUPPORT AND SERVICES IN THE COMMUNITY, PLUS DIRECT ASSISTANCE, INCLUDING RENT/MORTGAGE ASSISTANCE, UTILITIES, AND SCHOOL SUPPLIES.
THE FOOD PANTRY SUPPLIES NON-PERISHABLE FOOD, PERSONAL CARE ITEMS, AND FRESH PRODUCE TO THE COMMUNITY.
THE RESALE SHOP SELLS DONATED GOODS TO PROVIDE THE COMMUNITY WITH A LOW-COST SOURCE OF CLOTHING, FURNITURE, BOOKS, TOYS, AND HOUSEHOLD GOODS. IT OFFERS CERTAIN GOODS FREE OF CHARGE TO INDIVIDUALS AND FAMILIES IN ICM PROGRAMS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Bob Fuller President | OfficerTrustee | 17 | $0 |
Jennifer Cloyd President Elect | OfficerTrustee | 1 | $0 |
Lois Molyneau Treasurer | OfficerTrustee | 7 | $0 |
Kala Hacker Secretary | OfficerTrustee | 1 | $0 |
Bruce Landry Director | Trustee | 1 | $0 |
Sheryl Mireles Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $260,000 |
| Membership dues | $0 |
| Fundraising events | $73,115 |
| Related organizations | $0 |
| Government grants | $520,003 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,634,059 |
| Noncash contributions included in lines 1a–1f | $1,356,287 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,487,177 |
| Total Program Service Revenue | $0 |
| Investment income | $12,702 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $6,000 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $10,673 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,519,944 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,212,646 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $114,522 |
| Compensation of current officers, directors, key employees. | $20,753 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $392,187 |
| Pension plan accruals and contributions | $2,192 |
| Other employee benefits | $0 |
| Payroll taxes | $39,710 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $550 |
| Fees for services: Accounting | $46,631 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,446 |
| Office expenses | $50,972 |
| Information technology | $19,012 |
| Royalties | $0 |
| Occupancy | $91,509 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,168 |
| Interest | $57,397 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $210,760 |
| Insurance | $24,707 |
| All other expenses | $0 |
| Total functional expenses | $2,299,927 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $301,608 |
| Savings and temporary cash investments | $593,515 |
| Pledges and grants receivable | $153,798 |
| 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 | $268,689 |
| Prepaid expenses and deferred charges | $43,308 |
| Net Land, buildings, and equipment | $1,024,190 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $639,001 |
| Total assets | $3,024,109 |
| Accounts payable and accrued expenses | $63,009 |
| 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 | $185,088 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $666,396 |
| Total liabilities | $914,493 |
| Net assets without donor restrictions | $1,850,601 |
| Net assets with donor restrictions | $259,015 |
| 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 | $3,024,109 |