Close Retreat Center Inc
- Assets
- $2.1m
- Revenue
- $191.0k
- Investments
- $0.0
- Employees
- 1
- Location
- Lexington, KY
- Founding
- 08/2009
- Data as of
- 12/2021
- EIN
- 26-3828354
Organization Overview
Close Retreat Center Inc is located in Lexington, KY. The organization was established in 2009. According to its NTEE Classification (X19) the organization is classified as: Support N.E.C., 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. Close Retreat Center 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 12/2021, Close Retreat Center Inc generated $191.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $129.8k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
OPERATION OF ADULT CHRISTIAN SPIRITUAL RETREAT CENTER IN PULAKI COUNTY, KENTUCKY
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF ADULT CHRISTIAN SPIRITUAL RETREAT CENTER
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Macdonald Director | Trustee | 0.1 | $0 |
Harriet Bradley Director | Trustee | 0.1 | $0 |
Dan Graves Director | Trustee | 0.1 | $0 |
Donna Barr Director | Trustee | 0.1 | $0 |
Rev Peter Matthews Director | Trustee | 0.1 | $0 |
Rev Martin Gornik Director | Trustee | 0.1 | $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 | $180,609 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $180,609 |
| Total Program Service Revenue | $10,415 |
| Investment income | $18 |
| 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 | $191,042 |
| 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 | $53,068 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,060 |
| 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 | $0 |
| Office expenses | $1,522 |
| Information technology | $989 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $15,133 |
| All other expenses | $2,217 |
| Total functional expenses | $129,753 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,497 |
| Savings and temporary cash investments | $34,528 |
| 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 | $986 |
| Net Land, buildings, and equipment | $2,041,602 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,083,613 |
| Accounts payable and accrued expenses | $1,309 |
| 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 | $1,309 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $2,082,304 |
| 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 | $2,083,613 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Close Retreat Center Inc has recieved totaling $170,000.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $170,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mcmahon-Parater Scholarship Foundation Richmond, VA | $5,471,128 | $7,331,353 |
Christian Aid Ministries Foundation Berlin, OH | $25,604,202 | $11,173,099 |
Generous Giving Inc Chattanooga, TN | $3,327,639 | $5,314,758 |
Scarritt-Bennett Center Nashville, TN | $14,856,749 | $3,569,416 |
Newman Connection Inc Teutopolis, IL | $759,734 | $1,512,850 |
Hope Force International Brentwood, TN | $877,266 | $1,952,003 |
Bland Ministry Center And Dental Clinic Bland, VA | $767,570 | $1,192,002 |
Harrison Center For The Arts Inc Indianapolis, IN | $3,906,495 | $1,400,316 |
Diocesan Properties Inc Nashville, TN | $4,806,854 | $1,460,278 |
700 Prospect Corporation Cleveland, OH | $3,685,072 | $1,406,810 |
Mid America Student Housing Inc Cordova, TN | $11,551,197 | $1,103,864 |
Healing Care Ministries West Salem, OH | $966,143 | $972,498 |