Chain Breaker Ministries Inc
- Assets
- $41.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Columbus, IN
- Founding
- 08/2019
- Data as of
- 12/2020
- EIN
- 83-4084595
Organization Overview
Chain Breaker Ministries Inc is located in Columbus, IN. The organization was established in 2019. According to its NTEE Classification (F20) the organization is classified as: Substance Abuse Dependency, Prevention & Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chain Breaker Ministries 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, Chain Breaker Ministries Inc generated $86.5k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 12.1% each year . All expenses for the organization totaled $102.0k during the year ending 12/2020. 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
CHAIN BREAKERS MINISTRIES, INC. OPERATES A FAITH-BASED MENS RESIDENTIAL CENTER IN COLUMBUS, IN FOR ADDICTION RECOVERY PROGRAMMING.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rick Colglazier President | 5 | $0 | |
Pete King Director | 5 | $0 | |
Eric Retrum Director | 5 | $0 | |
Michael Ferguson Treasurer | 5 | $0 | |
Dan Taube Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $86,497 |
| 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 | $86,497 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $24,039 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $15,519 |
| Printing, publications, postage, and shipping | $21 |
| Other expenses | $62,458 |
| Total expenses | $102,037 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $41,234 |
| Other assets | $0 |
| Total assets | $41,734 |
| Total liabilities | $3,041 |
| Net assets or fund balances | $38,693 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Chain Breaker Ministries Inc has recieved totaling $36,000.
| Awarding Organization | Amount |
|---|---|
Elizabeth Ruddick Nugent Foundation Columbus, IN PURPOSE: UNRESTRICTED | $15,000 |
Heritage Fund Of Bartholomew County Inc Columbus, IN PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $11,000 |
Clarence E Custer And Inez R Custer Foundation Inc Columbus, IN PURPOSE: UNRESTRICTED | $10,000 |
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