Pin Ministry
- Assets
- $1.1m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 27
- Location
- Virginia Beach, VA
- Founding
- 05/2004
- Data as of
- 12/2023
- EIN
- 41-2126841
Organization Overview
Pin Ministry is located in Virginia Beach, VA. The organization was established in 2004. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. As of 12/2023, Pin Ministry employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pin Ministry 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 12/2023, Pin Ministry generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 13.1% each year . All expenses for the organization totaled $1.1m during the year ending 12/2023. While expenses have increased by 13.4% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE FOOD, CLOTHING, HYGIENE SUPPLIES, SHELTER, AND MEDICAL/DENTAL CARE TO THE HOMELESS OR EXTREMELY POOR.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO SERVE THE HOMELESS & EXTREMELY POOR OF VIRGINIA BEACH BY OFFERING FOOD, CLOTHING, HYGIENE SUPPLIES, LIVING NECESSITIES, FREE MEDICAL & DENTAL CARE, AND SHELTER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dallas Stamper Executive Di | Officer | 40 | $104,252 |
Lori Overholt Chairperson | OfficerTrustee | 2 | $0 |
James 'rev' Guill Vice Chairma | OfficerTrustee | 2 | $0 |
Matthew Toller Secretary | OfficerTrustee | 2 | $0 |
Carlos Moore Treasurer | OfficerTrustee | 2 | $0 |
Charlyn Toupin-Taylor Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $8,922 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $415,845 |
| All other contributions, gifts, grants, and similar amounts not included above | $716,538 |
| Noncash contributions included in lines 1a–1f | $21,585 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,141,305 |
| Total Program Service Revenue | $0 |
| Investment income | $46 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $150,723 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,292,074 |
| 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. | $104,252 |
| Compensation of current officers, directors, key employees. | $10,425 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $474,752 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $29,354 |
| Payroll taxes | $34,289 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $13,254 |
| Office expenses | $14,592 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $131,106 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $7,692 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $72,427 |
| Insurance | $13,046 |
| All other expenses | $64,030 |
| Total functional expenses | $1,134,242 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $695,312 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $20,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $11,759 |
| Net Land, buildings, and equipment | $310,551 |
| Investments—publicly traded securities | $100 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $97,316 |
| Total assets | $1,135,038 |
| Accounts payable and accrued expenses | $51,091 |
| 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 | $150,000 |
| Other liabilities | $93,066 |
| Total liabilities | $294,157 |
| Net assets without donor restrictions | $820,881 |
| Net assets with donor restrictions | $20,000 |
| 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 | $1,135,038 |