Ministry Catalysts Inc
- Assets
- $157.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- Fort Worth, TX
- Founding
- 08/2010
- Data as of
- 12/2022
- EIN
- 27-2500890
Organization Overview
Ministry Catalysts Inc is located in Fort Worth, TX. The organization was established in 2010. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2022, Ministry Catalysts Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ministry Catalysts 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 12/2022, Ministry Catalysts Inc generated $175.3k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $186.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.3%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
MINISTRY CATALYST'S MISSION IS FOCUSED ON THREE MAIN AREAS OF CHRISTIAN MINISTRY PERSONAL DISCIPLESHIP PASTORAL MENTORING AND GLOBAL MISSIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kenneth Horton President | 40 | $44,400 | |
Ronald Horton Vice President | 50 | $44,400 | |
Bill Marshall Vice President | 1 | $0 | |
Brian Givens Secretary | 1 | $0 | |
David Salsberry Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $175,240 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $16 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $175,256 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $171,898 |
| Professional fees and other payments to independent contractors | $740 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $10,795 |
| Total expenses | $186,623 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $157,325 |
| Other assets | $0 |
| Total assets | $157,325 |
| Total liabilities | $0 |
| Net assets or fund balances | $157,325 |