Spirit Of Boldness Ministries
- Assets
- $1.4m
- Revenue
- $547.9k
- Investments
- $0.0
- Employees
- 9
- Location
- Lubbock, TX
- Founding
- 03/2019
- Data as of
- 12/2023
- EIN
- 83-2528722
Organization Overview
Spirit Of Boldness Ministries is located in Lubbock, TX. The organization was established in 2019. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2023, Spirit Of Boldness Ministries employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Spirit Of Boldness 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 12/2023, Spirit Of Boldness Ministries generated $547.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (29.6%) each year. All expenses for the organization totaled $487.7k during the year ending 12/2023. 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
TO PREACH AND TEACH THE GOSPEL OF JESUS CHRIST TO THOSE WHO ARE OPPRESSED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PREACHING THE GOSPEL OF JESUS CHRIST - WE COORDINATE WITH LOCAL CHURCHES AND CHURCH MEMBERS AND OTHER MINISTRIES IN PROVIDING A LIAISON FOR THOSE PEOPLE TRYING TO RE-ESTABLISH THEMSELVES IN SOCIETY. PREACHING THE GOSPEL OF JESUS CHRIST IS CENTRAL TO EVERYTHING WE DO. CHURCH SERVICES ARE HELD WITH BIBLE TEACHING AND FELLOWSHIP, MENTORING AND ENCOURAGEMENT AS THE OPPRESSED IN OUR COMMUNITY SEEK A NEW LIFE THROUGH SPIRITUAL TRANSFORMATION AND INDWELLING WITH A SPIRIT OF BOLDNESS.
KINGDOM TOWERS - WE PROVIDE TRANSITION HOUSING TO INDIVIDUALS NEWLY RELEASED FROM PRISON SEEKING A NEW LIFE IN CHRIST. PREACHING THE GOSPEL OF JESUS CHRIST WITH CHURCH SERVICES, MENTORING, ASSISTANCE IN FINDING WORK AND RE-ESTABLISHING THEMSELVES MEANINGFULLY IN SOCIETY. WE BELIEVE THAT JESUS CHRIST IS THE CENTER OF TRUE LIFE CHANGE AND THE FOCUS OVER EVERYTHING WE DO. WE FACILITATE COMMUNITY ENGAGEMENT BY PARTNERING WITH LOCAL MINISTRIES, VOLUNTEERING IN THE LOCAL COMMUNITY TO BRING GOD GLORY, AND SUPPORTING THE DIFFICULT TRANSITION INTO AN OFTEN UNWELCOMING SOCIETY, POINTING THEM TO JESUS FOR TRUE HEALING AND RESTORATION.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Taylor Presdient, Treasurer | OfficerTrustee | 40 | $98,800 |
Steve Canup Vice President | OfficerTrustee | 8 | $0 |
Mark Stripling Director | Trustee | 5 | $0 |
Albert Gutierrez Director | Trustee | 1 | $0 |
Gary Delay Director | Trustee | 1 | $0 |
Financial Statements
| 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 | $25,030 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $25,030 |
| Total Program Service Revenue | $522,526 |
| Investment income | $343 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $547,899 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $30,420 |
| 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. | $98,800 |
| Compensation of current officers, directors, key employees. | $4,940 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $113,318 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $16,208 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,473 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,130 |
| Advertising and promotion | $1,497 |
| Office expenses | $0 |
| Information technology | $3,046 |
| Royalties | $0 |
| Occupancy | $85,430 |
| Travel | $3,793 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,297 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $33,078 |
| Insurance | $11,869 |
| All other expenses | $14 |
| Total functional expenses | $487,744 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $156,271 |
| 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 | $1,197,326 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,622 |
| Total assets | $1,360,219 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $1,360,219 |
| Total liabilities and net assets/fund balances | $1,360,219 |