Gofam Ministries
- Assets
- $49.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Browerville, MN
- Founding
- 04/2010
- Data as of
- 12/2023
- EIN
- 27-0706362
Organization Overview
Gofam Ministries is located in Browerville, MN. The organization was established in 2010. 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. Gofam 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, Gofam Ministries generated $46.1k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $52.6k during the year ending 12/2023. 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 |
|---|---|---|---|
Jonathan Claussen President | 30 | $0 | |
Amy Claussen Vice-President | 30 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $43,893 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $84 |
| Gain or Loss | $732 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $46,094 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $12,000 |
| Professional fees and other payments to independent contractors | $2,911 |
| Occupancy, rent, utilities, and maintenance | $29,113 |
| Printing, publications, postage, and shipping | $8,589 |
| Other expenses | $0 |
| Total expenses | $52,613 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $49,037 |
| Other assets | $0 |
| Total assets | $49,037 |
| Total liabilities | $0 |
| Net assets or fund balances | $49,037 |