Ablaze Ministries Inc
- Assets
- $393.8k
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 29
- Location
- Bryan, TX
- Founding
- 07/2012
- Data as of
- 12/2021
- EIN
- 45-3645077
Organization Overview
Ablaze Ministries Inc is located in Bryan, TX. The organization was established in 2012. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Ablaze Ministries Inc employed 29 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ablaze 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 12/2021, Ablaze Ministries Inc generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.4% each year . All expenses for the organization totaled $1.2m during the year ending 12/2021. While expenses have increased by 22.3% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPLEMENT THE U.S. BISHOPS' VISION OF COMPREHENSIVE YOUTH MINISTRY, BY ENGAGING, NURTURING, AND EMPOWERING DISCIPLESHIP IN YOUNG PEOPLE, MINISTERS AND VOLUNTEERS, AS WELL AS WITHIN FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
YOUTH FORMATION MINISTRIES-SERVES AS A RESOURCE FOR MISSIONIARIES SHARING THE SAME VISION AS ABLAZE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew Rice President | Officer | 40 | $65,548 |
Allison Sullivan Board Member | Trustee | 1 | $0 |
Chuck Konderla Board Member | Trustee | 1 | $0 |
Michael Alexander Board Member | Trustee | 1 | $0 |
Frank Ashley Board Member | Trustee | 1 | $0 |
Jim Beckman Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $10,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $299,417 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $309,417 |
| Total Program Service Revenue | $407,064 |
| 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 | $402,901 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,119,387 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,354 |
| 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. | $65,548 |
| Compensation of current officers, directors, key employees. | $65,548 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $796,988 |
| Pension plan accruals and contributions | $12,917 |
| Other employee benefits | $1,195 |
| Payroll taxes | $65,984 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $17,091 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,565 |
| Advertising and promotion | $23,756 |
| Office expenses | $8,084 |
| Information technology | $55,811 |
| Royalties | $0 |
| Occupancy | $20,794 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $6,304 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,999 |
| Insurance | $6,030 |
| All other expenses | $69 |
| Total functional expenses | $1,244,695 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $273,238 |
| Savings and temporary cash investments | $41,141 |
| 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 | $100 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $78,953 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $400 |
| Total assets | $393,832 |
| Accounts payable and accrued expenses | $23,794 |
| 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 | $156,204 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,803 |
| Total liabilities | $182,801 |
| 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 | $211,031 |
| Total liabilities and net assets/fund balances | $393,832 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Ablaze Ministries Inc has recieved totaling $36,400.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $26,400 |
National Philanthropic Tr Jenkintown, PA PURPOSE: RELIGION | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Family Legacy Missions International Dallas, TX | $14,330,799 | $19,529,503 |
East-West Ministries International Plano, TX | $8,184,642 | $19,204,558 |
Marketplace Ministries Inc Plano, TX | $5,987,779 | $19,506,765 |
Pioneer Bible Translators Dallas, TX | $22,558,672 | $19,174,102 |
Society Of St Vincent De Paul Archdiocese Of Galveston-Houston Houston, TX | $7,339,150 | $16,634,792 |
E3 Partners Ministry Plano, TX | $6,012,362 | $14,710,236 |
San Antonio Metropolitan Ministry Inc San Antonio, TX | $12,579,627 | $13,414,405 |
Sower Of Seeds International Ministries Inc Keller, TX | $3,316,148 | $10,449,598 |
Restore Hope Ministries Inc Tulsa, OK | $8,417,745 | $10,753,534 |
Les Feldick Ministries Kinta, OK | $8,711,680 | $12,215,004 |
Union Gospel Mission Of Tarrant County Fort Worth, TX | $65,887,376 | $29,455,408 |
Minnie Slaughter Veal Memorial Fund Dallas, TX | $15,276,892 | $11,585,960 |