517 Ministries
- Assets
- $22.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Middletown, VA
- Founding
- Data as of
- 12/2023
- EIN
- 86-3510237
Organization Overview
517 Ministries is located in Middletown, VA. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 517 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, 517 Ministries generated $96.8k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 17.7% each year . All expenses for the organization totaled $90.5k during the year ending 12/2023. While expenses have increased by 7.4% per year over the past 2 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROVIDE BIBLICAL TEACHING ON FAITH, FREEDOM FROMSIN, VICTORIOUS LIVING. REACHING PEOPLE WITH THE GOSPELAND TAKING CARE OF ORPHANS, WIDOWS AND FEEDING THE HUNGRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher B Saki President Treasurer | 10 | $25,200 | |
Kelly A Sakai Secretary | 0 | $0 | |
Jason Bearinger Director | 0 | $0 | |
Larry Hickey Director | 0 | $0 | |
Robert Vineyard Director | 0 | $0 | |
Timothy West Driector | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $96,813 |
| 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 | $96,813 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $31,514 |
| Professional fees and other payments to independent contractors | $475 |
| Occupancy, rent, utilities, and maintenance | $12,055 |
| Printing, publications, postage, and shipping | $226 |
| Other expenses | $46,243 |
| Total expenses | $90,513 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $22,800 |
| Other assets | $0 |
| Total assets | $22,800 |
| Total liabilities | $299 |
| Net assets or fund balances | $22,501 |