Freedom In Christ Ministries
- Assets
- $1.1m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 31
- Location
- Knoxville, TN
- Founding
- 06/2011
- Data as of
- 12/2021
- EIN
- 33-0361836
Organization Overview
Freedom In Christ Ministries is located in Knoxville, TN. 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 12/2021, Freedom In Christ Ministries employed 31 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Freedom In Christ 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 12/2021, Freedom In Christ Ministries generated $2.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $1.8m during the year ending 12/2021. While expenses have increased by 6.8% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE RESOURCES, TRAINING, AND CONTINUING SUPPORT TO LEADERS IN THE US AND AROUND THE WORLD IN ORDER THAT THEY MAY HELP OTHERS FIND FREEDOM IN CHRIST.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FREEDOM IN CHRIST MINISTRIES IS AN INTERNATIONAL, INTERDENOMINATIONAL, DISCIPLESHIP MINISTRY. FICM EQUIPS PASTORS AND LAY LEADERS TO PERSONALLY EXPERIENCE AND EFFECTIVELY TEACH THE LIFE-GIVING TRUTHS OF OUR IDENTITY, POSITION, AUTHORITY, AND FREEDOM IN CHRIST. IN THIS PAST YEAR, WE HAVE DEPLOYED NEW ONLINE TRAINING, HIRED ADDITIONAL STAFF, TRAINED MORE VOLUNTEERS AND BEGUN ONLINE LEADERSHIP TRAINING CLASSES. WE CONTINUE EFFORTS TO REACH DIFFERENT ETHNIC AND LINGUISTIC GROUPS AS WE COOPERATE WITH THE INTERNATIONAL MINISTRY. OUR COMMITTED STAFF AND VOLUNTEER NETWORK DILIGENTLY PROVIDE HELP IN MEETING THE NEEDS OF INDIVIDUALS, TRAINING LEADERS WITHIN CHURCHES, AND PROVIDING LEADERSHIP CLASSES EMPHASIZING CHARACTER AND SKILL DEVELOPMENT. THIS PAST YEAR LED US TO BEGIN MORE ONLINE CLASSES AND TRAINING THAN IN PREVIOUS YEARS.
WE ARE AN INTER-DENOMINATIONAL, INTERNATIONAL CHURCH RESOURCE MINISTRY WHICH EQUIPS LEADERS FOR ESTABLISHING PEOPLE FREE IN CHRIST. OUR TRAINED LEADERS UTILIZE THE MATERIALS, PRINCIPLES AND PRACTICES WE TEACH TO HELP INDIVIDUALS FIND FREEDOM IN CHRIST. WE OFTEN SEE THESE INDIVIDUALS BECOME LEADERS WHO SPREAD THE WORD AND HELP OTHERS GAIN HEALTH SPIRITUALLY, MENTALLY, EMOTIONALLY AND RELATIONALLY. WE COOPERATE WITH THE INTERNATIONAL MINISTRY IN REACHING PEOPLE OF LOWER SOCIO-ECONOMIC STATUS AROUND THE WORLD AS WELL AS REACHING DIFFERENT ETHNIC AND LANGUAGE GROUPS HERE IN THE U.S.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dan Studt CEO | OfficerTrustee | 45 | $121,040 |
Jonathan Carl Member | Trustee | 1 | $0 |
Matt Massingale Member | Trustee | 1 | $0 |
Scott Holmquist Vice Chairma | Trustee | 1 | $0 |
Judith King Member | Trustee | 1 | $0 |
Dr Russell L French Secretary/tr | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $304,507 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,604,496 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,909,003 |
| Total Program Service Revenue | $172,470 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $11,687 |
| 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 | $14,507 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,107,667 |
| 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. | $121,040 |
| Compensation of current officers, directors, key employees. | $31,470 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $84,282 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $11,044 |
| Payroll taxes | $27,842 |
| 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 | $1,438 |
| Advertising and promotion | $0 |
| Office expenses | $46,907 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $29,997 |
| 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 | $9,806 |
| Insurance | $4,132 |
| All other expenses | $48,147 |
| Total functional expenses | $1,835,512 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $997,687 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $117 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $42,032 |
| Prepaid expenses and deferred charges | $4,420 |
| Net Land, buildings, and equipment | $18,348 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,062,604 |
| Accounts payable and accrued expenses | $152,309 |
| 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 | $152,309 |
| Net assets without donor restrictions | $477,310 |
| Net assets with donor restrictions | $432,985 |
| 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 | $1,062,604 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Freedom In Christ Ministries has recieved totaling $133,771.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $91,571 |
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $25,000 |
Berachah Foundation Inc Schwenksville, PA PURPOSE: GENERAL BUDGET | $7,500 |
Schwab Charitable Fund San Francisco, CA PURPOSE: RELIGION RELATED | $7,450 |
Vyuha Inc Miramar, FL PURPOSE: GENERAL SUPPORT | $1,000 |
Demco Charitable Foundation Boyden, IA PURPOSE: TO SUPPORT RELIGIOUS SERVICES | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Inspiritus Inc Atlanta, GA | $4,563,820 | $17,981,504 |
Rescue Missions Ministries Inc Durham, NC | $22,198,926 | $18,805,895 |
Lifeshape Inc Atlanta, GA | $41,056,311 | $15,846,732 |
Haggai International Institute For Advanced Leadership Training Inc Peachtree Corners, GA | $41,354,774 | $16,620,781 |
Haven Of Our Lady Of Peace Inc St Louis, MO | $8,612,583 | $10,375,484 |
Elam Ministries Inc Alpharetta, GA | $5,679,728 | $12,042,641 |
Advancing Native Missions Afton, VA | $4,333,922 | $11,124,622 |
National Pro-Life Alliance Springfield, VA | $3,799,169 | $8,934,186 |
Wellspring Living Inc Atlanta, GA | $3,565,992 | $9,107,143 |
Sail-School For Arts-Infused Learning Evans, GA | $15,793,761 | $7,096,452 |
Artists In Christian Testimony Brentwood, TN | $4,393,846 | $10,064,345 |
Acca Inc Annandale Christian Community For Action Annandale, VA | $4,445,077 | $8,164,971 |