The Edge Ministries Inc
- Assets
- $26.8k
- Revenue
- $392.0
- Investments
- $0.0
- Employees
- 12
- Location
- Crete, IL
- Founding
- 03/2010
- Data as of
- 12/2022
- EIN
- 35-2365470
Organization Overview
The Edge Ministries Inc is located in Crete, IL. 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, Edge Ministries Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Edge 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 12/2022, Edge Ministries Inc generated $392.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (56.4%) each year. All expenses for the organization totaled $6.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF THE MINISTRY IS BRIEFLY DESCRIBED AS FOLLOWS: THE PRIMARY PURPOSE OF THE EDGE AND ITS ACTIVITIES IS TO ADVANCE CHRISTIAN DISCIPLESHIP, FELLOWSHIP AND EDUCATION IN AN URBAN "COFFEE SHOP" TYPE ENVIRONMENT.
Describe the Organization's Program Activity:
THE EDGE MINISTRIES OPERATES A CHRISTIAN OUTREACH IN A "COFFEE SHOP" ENVIRONMENT. THIS IS DESIGNED TO REACH INDIVIDUALS IN A NON-CHURCH, NON-THREATENING WAY. THE MINISTRY IS DESIGNED TO BE EVENTUALLY SELF-SUSTAINING THROUGH ITS NET SALES OF COFFEE AND FOOD PRODUCTS. THE MAJORITY OF THE CHRISTIAN OUTREACH, WHICH INCLUDES BIBLE STUDIES, YOUTH GROUPS, COUNSELING, FORMAL PRESENTATIONS AND DEBATES; ARE PROVIDED BY DONATED LABOR FROM VARIOUS VOLUNTEERS. THE MINISTRY BEGAN OPERATIONS IN AUGUST 2009. INITIAL DONATIONS PROVIDED THE STARTUP FOR THE FACILITY, HOWEVER, EQUIPMENT, LEASEHOLD IMPROVEMENTS AND INITIAL INVENTORIES WERE DONATED. VIRTUALLY ALL OUTREACH ACTIVITIES AND ASSOCIATED EXPENSES ARE PROVIDED BY DONATIONS AND VOLUNTEERS.
THE EDGE MINISTRIES ALSO PROMOTES LOCAL ARTS PROGRAMS THROUGH ITS PRESENATION OF LOCAL MUSICIANS, PARTICULARLY YOUTH MUSICIANS, ARTISTS AND POETS. THE EDGE FREQUENTLY HOSTS "MEET THE ARTIST" EVENTS AND DISPLAYS THE WORK OF LOCAL ARTISTS, INCLUDING HOSTING DISCUSSION GROUPS. THE EDGE MINISTRIES HAS ALSO HOSTED VARIOUS CONCERTS AND "OPEN MIC" NIGHTS FOR LOCAL MUSICIANS AND GROUPS, PARTICULARLY YOUTH. VIRTUALLY ALL COSTS ASSOCIATED WITH THIS ACTIVITY IS PROVIDED BY DONATIONS AND VOLUNTEER LABOR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Kasper Director | Trustee | 1.5 | $0 |
Michael Liccar Director | Trustee | 1.5 | $0 |
Kathy Carter-Young Director | Trustee | 1.5 | $0 |
Tim Peerson Director | Trustee | 3 | $0 |
Luke Pascale Director | Trustee | 0.25 | $0 |
Shannon Oskam Manager | Officer | 20 | $21,694 |
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 | $387 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $387 |
| Total Program Service Revenue | $0 |
| Investment income | $5 |
| 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 | $392 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $188 |
| 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. | $4,339 |
| Compensation of current officers, directors, key employees. | $4,339 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $371 |
| 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 | $0 |
| Information technology | $0 |
| 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 | $0 |
| All other expenses | $2,002 |
| Total functional expenses | $6,900 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $25,061 |
| 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 | $1,136 |
| Prepaid expenses and deferred charges | $567 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $26,764 |
| Accounts payable and accrued expenses | $7,466 |
| 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 | $29,711 |
| Other liabilities | $0 |
| Total liabilities | $37,177 |
| Net assets without donor restrictions | $0 |
| 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 | -$10,413 |
| Total liabilities and net assets/fund balances | $26,764 |