Christian Ministries Foundation Inc
- Assets
- $1.9m
- Revenue
- $138.7k
- Investments
- $0.0
- Employees
- 1
- Location
- Brunswick, GA
- Founding
- 06/1992
- Data as of
- 12/2022
- EIN
- 36-2606232
Organization Overview
Christian Ministries Foundation Inc is located in Brunswick, GA. The organization was established in 1992. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Christian Ministries Foundation 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, Christian Ministries Foundation Inc generated $138.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (21.8%) each year. All expenses for the organization totaled $707.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Christian Ministries Foundation Inc has awarded 152 individual grants totaling $3,438,747. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
CMFI PROVIDES PLANNING AND TRUST ADMINISTRATION FOR OTHER CHRISTIAN MINISTRIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THERE ARE 650 ORGANIZATIONS THAT CMFI HAS PERFORMED A DUE DILIGENCE ON AND HAVE/OR WILL RECEIVE GRANTS FROM CMFI. 41 ORGANIZATIONS ACTUALLY RECEIVED GRANTS, SOME ORGANIZATIONS WILL RECEIVE GRANTS IN THE FUTURE WHEN CONDITIONS ARE MET UNDER TRUST OR DAF AGREEMENTS. CMFI ALSO ADMINISTERED 9 CHARITABLE AND NON-CHARITABLE TRUSTS ON BEHALF OF DONORS AND PROVIDED ACCOUNTING SERVICES TO 501(C)(3) MINISTRIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Connie Bach Executive Director | OfficerTrustee | 20 | $50,000 |
James R Macdonald Chairman | OfficerTrustee | 1 | $0 |
Page Aiken Board Member | Trustee | 1 | $0 |
Nathan Williams Board Member | Trustee | 1 | $0 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $132,536 |
| Investment income | $71,524 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$65,649 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $138,707 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $464,532 |
| 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. | $50,000 |
| Compensation of current officers, directors, key employees. | $21,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,291 |
| Payroll taxes | $2,669 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $993 |
| Fees for services: Accounting | $11,511 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $140,038 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $4,082 |
| Information technology | $21,892 |
| Royalties | $0 |
| Occupancy | $8,105 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $35 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $494 |
| All other expenses | $1,022 |
| Total functional expenses | $707,664 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $86,936 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $38,770 |
| Loans from Officers, Directors, or Controlling Persons | $163,885 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $670 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,140,349 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $432,223 |
| Total assets | $1,862,833 |
| Accounts payable and accrued expenses | $44,775 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $126,343 |
| 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 | $1,206,992 |
| Total liabilities | $1,378,110 |
| Net assets without donor restrictions | $241,907 |
| Net assets with donor restrictions | $242,816 |
| 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 | $1,862,833 |
Grants Awarded
Over the last fiscal year, Christian Ministries Foundation Inc has awarded $138,026 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
ETHNOS 360 PURPOSE: GENERAL SUPPORT | $35,554 |
GRACE CHURCH PURPOSE: GENERAL SUPPORT | $25,000 |
ABUNDANT LIFE BAPTIST CHURCH PURPOSE: GENERAL SUPPORT | $12,000 |
MATTHEW 10 INTERNATIONAL MINISTRY PURPOSE: GENERAL SUPPORT | $50,000 |
CUYAHOGA VALLEY CHRISTIAN ACADEMY PURPOSE: GENERAL SUPPORT | $7,500 |
BLACKSBURG BAPTIST CHURCH PURPOSE: GENERAL SUPPORT | $7,972 |