Xl Ministries Inc
- Assets
- $215.4k
- Revenue
- $281.0k
- Investments
- $0.0
- Employees
- 3
- Location
- Roanoke, TX
- Founding
- 01/1993
- Data as of
- 09/2022
- EIN
- 84-1210119
Organization Overview
Xl Ministries Inc is located in Roanoke, TX. The organization was established in 1993. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 09/2022, Xl Ministries Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Xl 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 09/2022, Xl Ministries Inc generated $281.0k in total revenue. All expenses for the organization totaled $381.5k during the year ending 09/2022. While expenses have increased by 180.6% per year over the past 3 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDING EDUCATION AND BIBLICAL TRAINING TO INDIVIDUALS AND GROUPS IN ORDER TO DEVELOP CHRISTIAN PASTORS, MINISTERS, YOUTH LEADERS AND OTHER CHRISTIAN LEADERS, SO THEY CAN EFFECTIVELY DEVELOP THEIR LEADERSHIP SKILLS TO MINISTER GODS WORD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE RESOURCES TO AND SUPPORT FOR INTERNS TRAINING IN U.S. CHURCHES. 14 INTERNS IN VARIOUS CHURCHES WERE SUPPORTED THROUGH SCHOLARSHIPS, TRAINING, PROVISION OF RESOURCES AND ORDINATION EXAMS.
CREATE AND PROVIDE PUBLICATIONS AND RESOURCES TO BENEFIT CHURCHES AND INDIVIDUALS. CREATED 6 NEW RESOURCES, INCLUDING 4 FOR ELDER DEVELOPMENT AND TRAINING, ONE TO EXPLAIN THE PASTORAL INTERNSHIP AND ONE TO EXPLAIN THE MISSIONS INTERNSHIP.RESOURCES WERE PROVIDED TO 70 CHURCHES AND 289 INDIVIDUALS. 1087 HARD COPIES OF RESOURCES WERE PROVIDED, AS WELL AS NUMEROUS DOWNLOADS OF ELECTRONIC COPIES.
EQUIPPING CHURCHES TO PROVIDE BIBLICAL TRAINING FOR PASTORS AND OTHER LEADERS IN THE CONTEXT OF THE LOCAL CHURCH. OVER 100 CHURCHES WERE SUPPORTED THROUGH INTERN TRAINING, CONFERENCES AND INTERACTING WITH PASTORS AND CHURCH BOARDS ABOUT TRAINING IN THE CONTEXT OF THE CHURCH. IN ADDITION, RESOURCES WERE PROVIDED TO 70 CHURCHES.
ASSIST CHURCHES IN TRAINING MISSIONARIES FOR INTERNATIONAL WORK. XL ALSO PROVIDES TRAINING RESOURCES AND INSTRUCTION FOR INTERNATIONAL CHURCHES.ATTENDED AN EVENT SPONSORED BY TMAI, AN INTERNATIONAL TRAINING ORGANIZATION FOR PASTORS. TRAVELED TO ROMANIA TO MEET WITH PASTORS REGARDING TRAINING IN THE CHURCH. DEVELOPED AN INTERSHIP PROGRAM TO BE COMPLETED IN LOCAL CHURCHES FOR INDIVIDUALS DESIRING TO GO OVERSEAS TO PLANT CHURCHES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rocky Wyatt President | OfficerTrustee | 40 | $48,000 |
Bryan Chandler Treasurer | OfficerTrustee | 5 | $0 |
Brian Murphy Secretary | OfficerTrustee | 40 | $0 |
Chris Riser Vice President | OfficerTrustee | 2 | $0 |
Jonathan Anderson Director | Trustee | 3 | $0 |
Justin Turner Director | Trustee | 2 | $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 | $280,497 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $280,497 |
| Total Program Service Revenue | $0 |
| Investment income | $503 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $4 |
| 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 | $281,004 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $83,333 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $68,351 |
| Compensation of current officers, directors, key employees. | $10,355 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $32,741 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $70,660 |
| Payroll taxes | -$1,198 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,455 |
| Office expenses | $5,960 |
| Information technology | $11,441 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $20,241 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,736 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,496 |
| Insurance | $0 |
| All other expenses | $2,824 |
| Total functional expenses | $381,476 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $170,055 |
| Savings and temporary cash investments | $37,772 |
| 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 | $7,588 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $215,415 |
| 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 | $3,316 |
| Total liabilities | $3,316 |
| Net assets without donor restrictions | $208,507 |
| Net assets with donor restrictions | $3,592 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $215,415 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Xl Ministries Inc has recieved totaling $228.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $228 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Trinity Christian Center Of Santa Ana Inc Fort Worth, TX | $220,989,355 | $120,975,345 |
Central Missionary Clearinghouse Inc Houston, TX | $6,419,067 | $44,656,736 |
Parish Episcopal School Dallas, TX | $99,531,938 | $38,441,453 |
Omega Charitable Developers Inc Houston, TX | $6,275,678 | $33,763,984 |
Rightnow Ministries International McKinney, TX | $45,408,215 | $33,884,225 |
Newman International Academy Arlington, TX | $46,580,877 | $32,428,105 |
Pine Cove Inc Tyler, TX | $43,410,564 | $33,919,246 |
Interfaith Ministries For Greater Houston Houston, TX | $17,611,753 | $29,868,273 |
Bible Study Fellowship San Antonio, TX | $20,886,435 | $27,831,196 |
Hosanna Albuquerque, NM | $66,066,591 | $27,487,086 |
Apartment Life Inc Bedford, TX | $5,807,926 | $23,558,847 |
Liberty Educational Ministries Inc Argyle, TX | $56,879,806 | $25,424,585 |