Downtown Ministries Inc
- Assets
- $1.6m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 26
- Location
- Athens, GA
- Founding
- 09/2008
- Data as of
- 06/2022
- EIN
- 26-0441651
Organization Overview
Downtown Ministries Inc is located in Athens, GA. The organization was established in 2008. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 06/2022, Downtown Ministries Inc employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Downtown 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 06/2022, Downtown Ministries Inc generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.1% each year . All expenses for the organization totaled $1.4m during the year ending 06/2022. While expenses have increased by 8.3% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
DOWNTOWN MINISTRIES IS AN ORGANIZATION THAT BUILDS CONSISTENT RELATIONSHIPS WITH YOUTH AND THEIR FAMILIES IN INNER-CITY ATHENS THROUGH PROGRAMS THAT DEMONSTRATE CHRIST-CENTERED HOPE AND ENCOURAGEMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DOWNTOWN MINISTRIES PROVIDED RECREATIONAL AND EDUCATIONAL OPPORTUNITIES TO UNDERSERVED POPULATIONS IN ATHENS, GEORGIA. THE RECREATIONAL OPPORTUNITIES INCLUDED A FOOTBALL PROGRAM, BASKETBALL PROGRAM AND CHEERLEADING PROGRAM. THE EDUCATIONAL OPPORTUNITIES INCLUDED DOWNTOWN ACADEMY WHICH PROVIDES ACCREDITED EDUCATION FOR GRADES K-5
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher Byrd Executive Di | Officer | 40 | $79,285 |
Carey Rivers Dir Of Devel | Officer | 40 | $79,285 |
William B Farnsworth Director Of | Officer | 40 | $40,670 |
Blake Bailey Treasurer | OfficerTrustee | $0 | |
Dick Ferguson Director | Trustee | $0 | |
Hannah Green Immediate Pa | OfficerTrustee | $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 | $1,270,590 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,270,590 |
| Total Program Service Revenue | $21,292 |
| Investment income | $1,261 |
| 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 | $1,293,143 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $810,070 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $86,551 |
| Payroll taxes | $67,198 |
| 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 | $0 |
| Advertising and promotion | $3,148 |
| Office expenses | $12,903 |
| Information technology | $5,872 |
| Royalties | $0 |
| Occupancy | $194,741 |
| Travel | $8,920 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,675 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,351 |
| Insurance | $18,060 |
| All other expenses | $71,141 |
| Total functional expenses | $1,391,093 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,011,399 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $584,224 |
| Accounts receivable, net | $23 |
| 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 | $1,960 |
| Net Land, buildings, and equipment | $18,803 |
| Investments—publicly traded securities | $100 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,295 |
| Total assets | $1,621,804 |
| Accounts payable and accrued expenses | $44,659 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $44,659 |
| Net assets without donor restrictions | $489,839 |
| Net assets with donor restrictions | $1,087,306 |
| 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 | $1,621,804 |