Managed Ministries Inc
- Assets
- $129.9k
- Revenue
- $413.3k
- Investments
- $0.0
- Employees
- 3
- Location
- Scottsdale, AZ
- Founding
- 03/2011
- Data as of
- 09/2023
- EIN
- 27-1451289
Organization Overview
Managed Ministries Inc is located in Scottsdale, AZ. The organization was established in 2011. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 09/2023, Managed Ministries Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Managed 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 09/2023, Managed Ministries Inc generated $413.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $320.4k during the year ending 09/2023. While expenses have increased by 6.8% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
MANAGED MINISTRIES' MISSION IS TO PROVIDE RELIGIOUS ORGANIZATIONS WITH (CONTINUED ON SCHEDULE O) (CONTINUED FROM 990 PAGE 1) RESOURCES AND TOOLS TO REDUCE MINISTRY OPERATING COSTS IN ORDER TO SPREAD THE GOSPEL OF JESUS CHRIST. ALL MONEY EARNED BY MANAGED MINISTRIES GOES BACK INTO BUILDING NEW TOOLS THAT HELP SPREAD THE MESSAGE OF JESUS CHRIST.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MANAGED MINISTRIES CONTINUED TO IMPROVE MANAGEDMISSIONS.COM, A SOFTWARE APPLICATION WHICH HELPS SHORT-TERM MISSION TRIP LEADERS PLAN, FUNDRAISE, AND EXECUTE DOMESTIC AND FOREIGN MISSION TRIPS. WE ALSO PROVIDED MANAGEDMISSIONS.COM TO EDUCATIONAL INSTITUTIONS, SMALL CHURCHES AND MINISTRIES THAT SEND FIVE OR LESS MISSION TRIPS PER YEAR, FREE OF CHARGE, ENABLING THEM TO MORE EFFICIENTLY PLAN, FUNDRAISE, AND EXECUTE DOMESTIC AND FOREIGN MISSION TRIPS. DURING THE 9-30-23 FISCAL YEAR, 593 CHURCHES AND MINISTRIES WERE PROVIDED MANAGEDMISSIONS.COM AT NO CHARGE. OUR SOFTWARE HELPS ORGANIZATIONS SPREAD THE GOSPEL OF JESUS CHRIST TO THE WORLD.
MANAGED MINISTRIES PROVIDED FINANCIAL SUPPORT TO VARIOUS 501(C)(3) ORGANIZATIONS FOCUSED ON TECHNOLOGY AND MISSIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeffrey A Williams Chairman | OfficerTrustee | 7 | $18,387 |
Mark T Macleod Treasurer | OfficerTrustee | 0.1 | $0 |
Bradly Hockersmith Secretary | OfficerTrustee | 0.1 | $0 |
Stephanie Mason Director Of Operations | Officer | 40 | $70,895 |
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 | $50,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $50,000 |
| Total Program Service Revenue | $363,289 |
| Investment income | $0 |
| 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 | $413,289 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $11,717 |
| 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. | $116,968 |
| Compensation of current officers, directors, key employees. | $14,311 |
| Compensation to disqualified persons | $41,070 |
| Other salaries and wages | $30,160 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $10,923 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,675 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $37,956 |
| Office expenses | $14,877 |
| Information technology | $41,784 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $4,779 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,854 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $855 |
| Insurance | $366 |
| All other expenses | $0 |
| Total functional expenses | $320,376 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $127,651 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $2,208 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $129,859 |
| Accounts payable and accrued expenses | $0 |
| 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 | $10,908 |
| Total liabilities | $10,908 |
| Net assets without donor restrictions | $118,951 |
| Net assets with donor restrictions | $0 |
| 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 | $129,859 |
Grants Awarded
Over the last fiscal year, Managed Ministries Inc has awarded $11,228 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
MISSIO NEXUS PURPOSE: CONFERENCE SPONSORSHIP | $5,500 |
STANDARDS OF EXCELLENCE IN SHORT-TERM MISSIONS PURPOSE: GENERAL SUPPORT | $5,728 |