Tre Ministries is located in Sioux Falls, SD. The organization was established in 2018. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Tre Ministries employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tre 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 12/2021, Tre Ministries generated $317.6k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 73.6% each year . All expenses for the organization totaled $241.6k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ENRICH YOUTH LIFE WITH FAITH TRE MINISTRIES CREATES A PLACE FOR COLLEGE STUDENTS AND YOUNG ADULT S TO GATHER AND EXPERIENCE CHRIST THROUGH LEADERSHIP AND COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GATHERING SPACE FOR YOUNG ADULTS TO EXPERIENCE CHRIST
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sandy Berven Director | Trustee | 50 | $35,000 |
Becky Blue Board Member | Officer | 1 | $0 |
Tim Hughes Board Member | Officer | 1 | $0 |
Ross Wickman Board Member | Officer | 1 | $0 |
Doug Berven Treasurer | Officer | 5 | $0 |
Mary Schultz Secretary | Officer | 5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $11,368 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $11,368 |
Total Program Service Revenue | $304,432 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $1,800 |
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 | $317,600 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $1,062 |
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. | $35,000 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $64,316 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $7,598 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $2,054 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $16,000 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $110,417 |
Advertising and promotion | $3,772 |
Office expenses | $0 |
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 | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $1,424 |
All other expenses | $0 |
Total functional expenses | $241,643 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $124,283 |
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 | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $124,283 |
Accounts payable and accrued expenses | $0 |
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 | $3,119 |
Total liabilities | $3,119 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $75,955 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $45,209 |
Total liabilities and net assets/fund balances | $124,283 |
Over the last fiscal year, we have identified 1 grants that Tre Ministries has recieved totaling $26.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $26 |
Organization Name | Assets | Revenue |
---|---|---|
Home And Away Ministries North Branch, MN | $25,723,249 | $42,419,971 |
Loaves And Fishes Too Minneapolis, MN | $3,481,660 | $16,298,899 |
Pulse Outreach Minneapolis, MN | $16,852,358 | $21,090,149 |
Desiring God Ministries Minneapolis, MN | $8,654,171 | $9,657,693 |
St Vincent Healthcare Foundation Billings, MT | $88,857,513 | $8,266,509 |
C I O S Wilson, WY | $98,349,403 | $2,570,504 |
Praying Pelican Missions Minneapolis, MN | $539,673 | $5,474,608 |
Youth With A Mission Of Montana A Corporation Lakeside, MT | $4,211,244 | $6,186,840 |
Venture Burnsville, MN | $4,889,777 | $6,516,603 |
Evangelical Lutheran Good Samaritan Foundation Sioux Falls, SD | $102,471,128 | $9,259,464 |
The Lynn And Foster Friess Family Foundation Jackson, WY | $122,372,858 | $36,186,755 |
Christian Worship Hour Aberdeen, SD | $3,374,479 | $4,060,903 |