Ministry 128 Inc
- Assets
- $3.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Spring Hill, FL
- Founding
- 03/2019
- Data as of
- 12/2023
- EIN
- 82-4784825
Organization Overview
Ministry 128 Inc is located in Spring Hill, FL. The organization was established in 2019. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ministry 128 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, Ministry 128 Inc generated $64.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (12.2%) each year. All expenses for the organization totaled $68.6k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (12.0%) per year over the past 5 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
2023
Describe the Organization's Program Activity:
Part 3
TEACH AND PREACH TO MANY CHURCHES AROUND THE WORLD EQUIPPING AND ENCOURAGING THE LEAD PASTORS IN THEIR CHOSEN CALL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Garcia President | 60 | $0 | |
Daniel Norris Director | 5 | $0 | |
Patrick Schatzlink Director | 5 | $0 | |
Roger Jacobs Treasurersecretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $64,494 |
| 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 | $64,494 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $30,000 |
| Salaries, other compensation, and employee benefits | $18,092 |
| Professional fees and other payments to independent contractors | $2,845 |
| Occupancy, rent, utilities, and maintenance | $4,941 |
| Printing, publications, postage, and shipping | $3,354 |
| Other expenses | $9,411 |
| Total expenses | $68,643 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $3,621 |
| Other assets | $0 |
| Total assets | $3,621 |
| Total liabilities | $5,097 |
| Net assets or fund balances | -$1,476 |