The Factory Ministries
- Assets
- $2.8m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 22
- Location
- Paradise, PA
- Founding
- 01/2004
- Data as of
- 08/2023
- EIN
- 42-1611516
Organization Overview
The Factory Ministries is located in Paradise, PA. The organization was established in 2004. According to its NTEE Classification (O20) the organization is classified as: Youth Centers & Clubs, under the broad grouping of Youth Development and related organizations. As of 08/2023, Factory Ministries employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Factory 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 08/2023, Factory Ministries generated $1.7m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.6% each year . All expenses for the organization totaled $1.7m during the year ending 08/2023. While expenses have increased by 10.9% per year over the past 8 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O.
Describe the Organization's Program Activity:
TO PROVIDE SERVICES AND RESOURCES TO INDIVIDUALS AND ADULTS WHO ARE UNDER- RESOURCED AND FACING POVERTY IN LANCASTER COUNTY. THE ORGANIZATION IS THE LEAD AGENCY OF A COLLABORATION WITHIN THE COMMUNITY AND HAS A YOUTH CENTER, SOCIAL SERVICES CENTER, AND FOOD PANTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Smoker Chairman | OfficerTrustee | 1.5 | $0 |
Natalie Mease Vice Chair | OfficerTrustee | 0.5 | $0 |
Brandon Stike Treasurer | OfficerTrustee | 0.5 | $0 |
Kylie Stoltzfus Secretary | OfficerTrustee | 0.5 | $0 |
Scott Feather Director | Trustee | 0.5 | $0 |
Cathy Koenig Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $97,894 |
| Related organizations | $0 |
| Government grants | $11,700 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,100,430 |
| Noncash contributions included in lines 1a–1f | $326,760 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,210,024 |
| Total Program Service Revenue | $396,218 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $22,471 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$12,166 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,709,242 |
| 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. | $125,400 |
| Compensation of current officers, directors, key employees. | $26,160 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $576,526 |
| Pension plan accruals and contributions | $2,340 |
| Other employee benefits | $38,370 |
| Payroll taxes | $55,022 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $56,109 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $62,951 |
| Advertising and promotion | $888 |
| Office expenses | $58,241 |
| Information technology | $11,845 |
| Royalties | $0 |
| Occupancy | $29,196 |
| Travel | $826 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $21,151 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $121,433 |
| Insurance | $19,825 |
| All other expenses | $70,137 |
| Total functional expenses | $1,731,592 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $99,659 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $53,628 |
| 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 | $873 |
| Net Land, buildings, and equipment | $2,437,390 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $244,462 |
| Total assets | $2,836,012 |
| Accounts payable and accrued expenses | $110,816 |
| 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 | $249,137 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $359,953 |
| Net assets without donor restrictions | $2,427,724 |
| Net assets with donor restrictions | $48,335 |
| 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 | $2,836,012 |