Scofield Ministries
- Assets
- $323.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Clifton, TX
- Founding
- 06/2006
- Data as of
- 12/2023
- EIN
- 20-4851043
Organization Overview
Scofield Ministries is located in Clifton, TX. The organization was established in 2006. According to its NTEE Classification (X83) the organization is classified as: Religious Printing & Publishing, 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. Scofield 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, Scofield Ministries generated $68.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (5.0%) each year. All expenses for the organization totaled $73.7k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.5%) per year over the past 9 years. 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 |
|---|---|---|---|
Dr Raj Kripalani President & Director | 5 | $0 | |
Adrienne Kripalani Secretary & Director | 5 | $0 | |
Dr Patsy A Couch Treasurer & Director | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $62,185 |
| Total Program Service Revenue | $6,669 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $68,854 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $36,000 |
| Professional fees and other payments to independent contractors | $1,215 |
| Occupancy, rent, utilities, and maintenance | $4,546 |
| Printing, publications, postage, and shipping | $913 |
| Other expenses | $16,388 |
| Total expenses | $73,662 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $301,349 |
| Other assets | $0 |
| Total assets | $323,416 |
| Total liabilities | $730 |
| Net assets or fund balances | $322,686 |