True Course Ministries Inc
- Assets
- $58.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Robinson, TX
- Founding
- 01/2005
- Data as of
- 06/2023
- EIN
- 20-0271732
Organization Overview
True Course Ministries Inc is located in Robinson, TX. The organization was established in 2005. 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. True Course 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 06/2023, True Course Ministries Inc generated $32.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (8.0%) each year. All expenses for the organization totaled $61.8k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
J Michael Godfrey Dmin PHD Executive Director | 40 | $32,500 | |
Susan Godfrey Ex Officio | 15 | $0 | |
Paul Hamilton Treasurer | 1 | $0 | |
Melissa Hardage Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,840 |
| Total Program Service Revenue | $11,518 |
| Membership dues | $0 |
| Investment income | $21 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $32,379 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $55,000 |
| Professional fees and other payments to independent contractors | $530 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $3,636 |
| Other expenses | $2,673 |
| Total expenses | $61,839 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $58,399 |
| Other assets | $0 |
| Total assets | $58,399 |
| Total liabilities | $771 |
| Net assets or fund balances | $57,628 |