Interact Ministries Inc
- Assets
- $2.2m
- Revenue
- $2.7m
- Investments
- $0.0
- Employees
- 46
- Location
- Boring, OR
- Founding
- 08/1959
- Data as of
- 03/2024
- EIN
- 92-6004561
Organization Overview
Interact Ministries Inc is located in Boring, OR. The organization was established in 1959. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. As of 03/2024, Interact Ministries Inc employed 46 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Interact 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 03/2024, Interact Ministries Inc generated $2.7m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $2.8m during the year ending 03/2024. While expenses have increased by 1.5% per year over the past 9 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
INTERACT MINISTRIES IS A RELIGIOUS ORGANIZATION ASSOCIATED WITH CHURCHES OF THE PROTESTANT FAITH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EVANGELISM AND DISCIPLESHIP ALASKA THE ORGANIZATION PROVIDES FUNDING AND ADMINISTRATIVE SUPPORT FOR 14 MISSIONARY FAMILIES WHO PROVIDE EVANGELIZATION AND DICIPLESHIP IN APPROXIMATELY 8 COMMUNITIES IN ALASKA. MINISTRIES INCLUDE YOUTH OUTREACH AND CONFERENCES, LEADERSHIP TRAINING, FRIENDSHIP EVANGELISM, BIBLE STUDIES, WORSHIP SERVICES AND OTHER CHURCH-RELATED ACTIVITIES. THE ORGANIZATION OPERATES A NATIVE LEADERSHIP AND DEVELOPMENT PROGRAM IN PALMER. THE RESIDENTIAL PROGRAM IS CUSTOMIZED FOR EACH STUDENT TO FILL THE GAPS IN THEIR TRAINING AND PREPARE THEM FOR LEADERSHIP POSITIONS IN THE NATIVE CHURCH IN ALASKA.
EVANGELISM AND DISCIPLESHIP - CANADA - THE ORGANIZATION PROVIDES FUNDING AND ADMINISTRATIVE SUPPORT FOR OVER 26 MISSIONARY FAMILIES WHO PROVIDE EVANGELIZATION AND DICIPLESHIP AMONG THE LEAST-REACHED PEOPLE GROUPS IN APPROXIMATELY 8 COMMUNITIES THROUGHOUT WESTERN CANADA. MINISTRIES INCLUDE YOUTH OUTREACH AND CONFERENCES, LEADERSHIP TRAINING, FRIENDSHIP EVANGELISM, BIBLE STUDIES, WORSHIP SERVICES, AND OTHER CHURCH-RELATED ACTIVITIES.
HOME MINISTRY, BIBLE SCHOOLS, AND OTHER MINISTRIES IN ADDITION TO SERVING IN CANADA, ALASKA, AND RUSSIA, THE ORGANIZATION'S STAFF ALSO MINISTERS TO CHURCHES AND INDIVIDUALS IN THE 48 CONTIGUOUS STATES IN RETURN FOR PROGRAM FUNDING. FIELD STAFF SPEAK AND TEACH IN THESE SUPPORTING CHURCHES ON A REGULAR BASIS.HOME OFFICE SUPPORT - THE ORGANIZATION HAS APPROXIMATELY 8 OFFICE STAFF SUPPORTING THE FIELD MINISTRIES AND FIELD STAFF SERVING ACCROSS OUR AREA OF SERVICE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dale Smith Executive Dir. | Officer | 40 | $112,205 |
Dr Mike Matthews Director, Min. | Trustee | 40 | $38,485 |
Daryl Kroeker Chair | OfficerTrustee | 1 | $0 |
Dave Perry Vice Chair | OfficerTrustee | 1 | $0 |
Rev Ray Prigodich Secretary | OfficerTrustee | 1 | $0 |
Chuck Schaap Treasurer | OfficerTrustee | 1 | $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 | $2,449,021 |
| Noncash contributions included in lines 1a–1f | $2,150 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,449,021 |
| Total Program Service Revenue | $146,924 |
| Investment income | $48,131 |
| 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 | $2,664,444 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $18,397 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $630,196 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $148,156 |
| Compensation of current officers, directors, key employees. | $49,639 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,089,616 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,230 |
| Payroll taxes | $76,554 |
| 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 | $11,235 |
| Advertising and promotion | $0 |
| Office expenses | $27,297 |
| Information technology | $13,644 |
| Royalties | $0 |
| Occupancy | $64,769 |
| Travel | $41,061 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $30,659 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $34,242 |
| Insurance | $16,560 |
| All other expenses | $54,865 |
| Total functional expenses | $2,795,775 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,159 |
| 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 | $20,070 |
| Net Land, buildings, and equipment | $565,854 |
| Investments—publicly traded securities | $1,621,648 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,212,731 |
| Accounts payable and accrued expenses | $54,425 |
| Grants payable | $0 |
| Deferred revenue | $4,732 |
| 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 | $160,743 |
| Total liabilities | $219,900 |
| Net assets without donor restrictions | $1,992,831 |
| 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 | $2,212,731 |