Bq Ministry Inc
- Assets
- $90.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Jamestown, KY
- Founding
- 03/2017
- Data as of
- 12/2020
- EIN
- 81-5439181
Organization Overview
Bq Ministry Inc is located in Jamestown, KY. The organization was established in 2017. According to its NTEE Classification (A6C) the organization is classified as: Bands & Ensembles, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bq Ministry 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 12/2020, Bq Ministry Inc generated $27.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (22.1%) each year. All expenses for the organization totaled $17.6k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (14.5%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
TO SHARE CHRISTIAN BELIEFS THROUGH MUSIC AND EVANGELISM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Campbell Director | 3 | $0 | |
Ron Readnour Director | 3 | $0 | |
Keith Blakey President | 5 | $0 | |
Chris Campbell Director | 3 | $0 | |
Junior Blakey Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $27,311 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $27,311 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $250 |
| Occupancy, rent, utilities, and maintenance | $300 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $17,031 |
| Total expenses | $17,581 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $65,278 |
| Other assets | $0 |
| Total assets | $90,158 |
| Total liabilities | $0 |
| Net assets or fund balances | $90,158 |
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