Miracles Of Faith Ministries
- Assets
- $29.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mccool, MS
- Founding
- 08/2007
- Data as of
- 12/2022
- EIN
- 20-8180341
Organization Overview
Miracles Of Faith Ministries is located in Mccool, MS. The organization was established in 2007. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Miracles Of Faith 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 12/2022, Miracles Of Faith Ministries generated $55.6k in total revenue. The organization has seen a slow decline revenue. Over the past 2 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $54.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.4%) per year over the past 2 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 |
|---|---|---|---|
Jimmy Mangrum President | 30 | $0 | |
Ruth Mangrum Secretary | 10 | $0 | |
Gail Massey Trustee | 1 | $0 | |
Ricky Glass Trustee | 1 | $0 | |
Terry Powell Vice Preside | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $55,592 |
| 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 | $55,592 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $650 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $53,363 |
| Total expenses | $54,013 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $29,817 |
| Other assets | $0 |
| Total assets | $29,817 |
| Total liabilities | $1,545 |
| Net assets or fund balances | $28,272 |