Olive Tree Ministries

Organization Overview

Olive Tree Ministries is located in Maple Grove, MN. The organization was established in 1982. According to its NTEE Classification (X11) the organization is classified as: Single Organization Support, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Olive Tree Ministries employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Olive Tree 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, Olive Tree Ministries generated $4.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.3% each year . All expenses for the organization totaled $1.8m during the year ending 12/2021. While expenses have increased by 8.3% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION'S PURPOSE IS TO HELP PEOPLE UNDERSTAND THE TIMES AND CONTEND FOR THE FAITH.

Describe the Organization's Program Activity:

Part 3 - Line 4a

DIRECTOR HOSTED RADIO PROGRAM CALLED UNDERSTANDING THE TIMES RADIO HEARD WORLDWIDE. THERE IS A REGULAR NEWSLETTER AND BI-MONTHLY EVENTS COHOSTED WITH A LOCAL CHURCH. CD AND DVD IMPACT AND OTHER PRODUCTS SOLD TO PEOPLE IN A DOZEN NATIONS.


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Board, Officers & Key Employees

Name (title)Compensation
Jan Markell
Founder, Director, President
$135,329
Kevin Rische
Administrator
$86,799
Angie Vokaty
Secretary
$51,660
Dave Bergo
Chair
$0
John Wicklund
Vice Chair
$0
Ken Mikle
Director
$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$3,776,046
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$3,776,046
Total Program Service Revenue$0
Investment income $40,147
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $3,700
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $366,014
Miscellaneous Revenue$0
Total Revenue $4,185,907

Grants Awarded

Over the last fiscal year, Olive Tree Ministries has awarded $225,000 in support to 2 organizations.

Grant RecipientAmount

MARK HENRY MINISTRIES

PURPOSE: CONTRIBUTION

$175,000

Brooklyn Park, MN

PURPOSE: CONTRIBUTION

$50,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 6 grants that Olive Tree Ministries has recieved totaling $48,160.

Awarding OrganizationAmount
Schwab Charitable Fund

San Francisco, CA

PURPOSE: RELIGION RELATED

$15,960
National Christian Charitable Foundation Inc

Alpharetta, GA

PURPOSE: EVANGELISM

$14,750
Nelson Family Charitable Tr

Little Rock, AR

PURPOSE: MINISTRY OPERATIONS

$10,000
Thrivent Charitable Impact & Investing

Appleton, WI

PURPOSE: GENERAL SUPPORT

$5,700
Storz Charitable Tr

Festus, MO

PURPOSE: RADIO OUTREACH, CONFERENCE ACTIVITY,

$1,500
Whitener Family Foundation

Ladys Island, SC

PURPOSE: CHARITABLE GIFT

$250
View Grant Recipient Profile

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