Named Ministries Inc
- Assets
- $35.8k
- Revenue
- $263.2k
- Investments
- $0.0
- Employees
- 2
- Location
- Brevard, NC
- Founding
- Data as of
- 12/2023
- EIN
- 85-2950351
Organization Overview
Named Ministries Inc is located in Brevard, NC. 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, Named Ministries Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Named 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 12/2023, Named Ministries Inc generated $263.2k in total revenue. All expenses for the organization totaled $242.4k during the year ending 12/2023.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
MINISTRY OF THE GOSPEL OF JESUS CHRIST
Describe the Organization's Program Activity:
Part 3 - Line 4a
MOST PEOPLE SENSE THAT MORE IS POSSIBLE, BUT THEY OFTEN DON'T KNOW HOW TO STEP INTO IT. NAMING THE REAL PROVIDES RESOURCES, COACHING, AND TRAINING THAT HELP PEOPLE LIVE EXTRAORDINARY, FLOURISHING LIVES, FOR THE SAKE OF THE WORLD.IN ADDITION TO PROVIDING TRANSFORMATIONAL RESOURCES LIKE THE NAMING THE REAL PODCAST WHICH POSTS NEW EPISODES EVERY TWO WEEKS, NAMING THE REAL PROVIDES INDIVIDUAL AND GROUP COACHING TO SUPPORT INDIVIDUALS AND ORGANIZATIONS TO LIVE FLOURISHING LIVES THAT HELP CHANGE THE WORLD. WE ALSO HAVE A SERIES OF TRAININGS AND WORKSHOPS DESIGNED TO SUPPORT INDIVIDUALS TO LIVE WITH COURAGE AND HOPE - STEPPING OUT OF LIMITING BELIEFS AND BEHAVIORS WHICH WE HOST AROUND THE COUNTRY.IN 2023, WE CONTINUED TO PROVIDE LIFE-CHANGING TRANSFORMATIONAL RESOURCING, COACHING, AND TRAINING. WE SERVED OVER 35 COACHING CLIENTS AND OVER 75 TRAINING PARTICIPANTS, WHILE EXPANDING OUR RESOURCING PLATFORM, MOST NOTABLY THROUGH OUR PODCAST.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brandon Cook President | Officer | 40 | $0 |
Christin Collins Secretary | Officer | 0.25 | $0 |
Gregg Myers Treasurer | Officer | 0.25 | $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 | $170,329 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $170,329 |
| Total Program Service Revenue | $92,913 |
| Investment income | $0 |
| 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 | $263,242 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $55,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $12,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $64,596 |
| Payroll taxes | $2,003 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $450 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $62,290 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $6,864 |
| 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 | $1,366 |
| All other expenses | $11,349 |
| Total functional expenses | $242,370 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $35,766 |
| 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 | $51 |
| Total assets | $35,817 |
| 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 | $35,817 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $35,817 |