Rings Ministries
- Assets
- $117.5k
- Revenue
- $151.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Battle Creek, MI
- Founding
- 02/2020
- Data as of
- 12/2022
- EIN
- 84-4241439
Organization Overview
Rings Ministries is located in Battle Creek, MI. The organization was established in 2020. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rings 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 12/2022, Rings Ministries generated $151.3k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 35.8% each year . All expenses for the organization totaled $103.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Rings Ministries has awarded 47 individual grants totaling $182,441. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION DONATED 19 VEHICLES TO DESERVING INDIVIDUALS WHO NEEDED DEPENDABLE TRANSPORTATION. THESE VEHICLES WERE PURCHASED OR DONATED REPAIRED AND CLEANED BEFORE PRESENTATION TO RECIPIENTS. REPAIRS WERE LARGELY DONE BY VOLUNTEERS.
SPECIAL CONTRIBUTION TO LOCAL CHURCH JOURNEY CHURCH 800 S. 24TH ST. BATTLE CREEK MI 49015 PASTOR STEVEN AMARO 269-965-5441. CONTRIBUTION WAS THEN USED TO HELP AGED OUT FOSTER CHILDREN IN THE MIAMI AREA FINISH THEIR GED AND RECEIVE DEPENDABLE TRANSPORTATION.
CONTRIBUTION TO TEEN PREGNANCY PROGRAM ALTERNATIVES BATTLE CREEK 1346 W. COLUMBIA AVE. #106 BATTLE CREEK MI 49015 DIRECTOR AMANDA HUGHES 269-288-2890
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Robins Director | 10 | $0 | |
Jill Robins Treasurer | 1 | $0 | |
Dale Rupe Board Member | 5 | $0 | |
Lisa Mcculley Secretary | 1 | $0 | |
Thomas Perrone Board Member | 1 | $0 | |
Patrick Galligan Board Member | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $142,480 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $8,822 |
| Other Income | $0 |
| Total Revenue | $151,302 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $486 |
| Other expenses | $11,084 |
| Total operating and administrative expenses | $12,286 |
| Contributions, gifts, grants paid | $91,278 |
| Total expenses and disbursements | $103,564 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $114,844 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $2,700 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $117,544 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Rings Ministries has awarded $91,278 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
TONI SIMONS PURPOSE: TRANSPORTATION FOR NEEDY INDIVIDUAL | $8,089 |
JOURNEY CHURCH PURPOSE: TRANSPORTATION FOR NEEDY STUDENT | $7,000 |
LENNY LUCHETTI PURPOSE: TRANSPORTATION FOR NEEDY INDIVIDUAL | $6,862 |
CHRIS PAAVOLA PURPOSE: TRANSPORTATION FOR NEEDY INDIVIDUAL | $6,118 |
MICHAEL PERRY PURPOSE: TRANSPORTATION FOR NEEDY INDIVIDUAL | $5,800 |
STEPHANIE ADERIBIGBE PURPOSE: TRANSPORTATION FOR NEEDY INDIVIDUAL | $5,775 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ohio Shared Information Services Inc Cincinnati, OH | $9,673,672 | $26,206,516 |
Joseph & Florence Mandel Family Foundation - Weinberg Family Fund Cleveland, OH | $181,897,996 | $22,134,878 |
The@joseph And Florence Mandel Family Foundation-Michele M And Cleveland, OH | $143,259,703 | $19,572,691 |
Psalms Foundation Cincinnati, OH | $2,676,117 | $10,777,846 |
Charity Motors Inc Detroit, MI | $2,508,278 | $4,106,535 |
Detroit Association Of Black Organizations Dabo Inc Detroit, MI | $174,773 | $1,935,579 |
Veterans Outreach Youngstown, OH | $937,209 | $2,263,977 |
Holl Trust B Presbyterian Home Milwaukee, WI | $34,163,292 | $4,097,383 |
Detroit Lions Charities Allen Park, MI | $661,259 | $1,820,325 |
Urban Alliance Kalamazoo, MI | $4,306,989 | $1,678,413 |
Lifelab Kids Foundation Ferndale, MI | $1,630,763 | $1,826,227 |
Group Plan Commission Cleveland, OH | $1,424,769 | $1,513,172 |