White Horse Ministries is located in Priest River, ID. The organization was established in 2016. According to its NTEE Classification (X83) the organization is classified as: Religious Printing & Publishing, under the broad grouping of Religion-Related and related organizations. As of 09/2023, White Horse Ministries employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. White Horse 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 09/2023, White Horse Ministries generated $700.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $849.5k during the year ending 09/2023. While expenses have increased by 4.6% per year over the past 7 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
USE ELECTRONIC OR PRINT MEDIA AND TEACH SEMINARS AND CONDUCT TRAINING EVENTS TO EQUIP PEOPLE WITH THE KNOWLEDGE OF SALVATION FOUND ONLY IN JESUS CHRIST
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRODUCTION AND DISTRIBUTION OF DVDS, AUDIO CDS, BOOKS, PAMPHLETS, AND
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Steve Wohlberg President | Officer | 40 | $66,208 |
D Hendrickson Treasurer | Officer | 1 | $2,400 |
Phil Mills Director | Trustee | 1 | $0 |
Ed Reid Director | Trustee | 1 | $0 |
Kevin Bryant Director | Trustee | 1 | $0 |
Tim Saxton Director | Trustee | 1 | $0 |
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 | $595,222 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $595,222 |
Total Program Service Revenue | $48,796 |
Investment income | $1,051 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $1,192 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $699,966 |
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. | $135,698 |
Compensation of current officers, directors, key employees. | $135,698 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $313,487 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $20,332 |
Payroll taxes | $34,456 |
Fees for services: Management | $0 |
Fees for services: Legal | $300 |
Fees for services: Accounting | $8,343 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $45,827 |
Advertising and promotion | $1,650 |
Office expenses | $52,269 |
Information technology | $13,787 |
Royalties | $202 |
Occupancy | $11,244 |
Travel | $37,313 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $18,128 |
Insurance | $18,146 |
All other expenses | $138,294 |
Total functional expenses | $849,476 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $406,966 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $7,789 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $55,452 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $196,597 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $666,804 |
Accounts payable and accrued expenses | $5,096 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $25,715 |
Total liabilities | $30,811 |
Net assets without donor restrictions | $635,993 |
Net assets with donor restrictions | $0 |
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 | $666,804 |