Kingdom Gravity Ministries International Inc
- Assets
- $8.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rockwall, TX
- Founding
- 04/2014
- Data as of
- 12/2023
- EIN
- 46-0853621
Organization Overview
Kingdom Gravity Ministries International Inc is located in Rockwall, TX. The organization was established in 2014. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kingdom Gravity Ministries International 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 12/2023, Kingdom Gravity Ministries International Inc generated $147.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $151.6k during the year ending 12/2023. While expenses have increased by 7.4% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
KINGDOM GRAVITY MINISTRIES TAKES THE GOSPEL TO UNREACHED PEOPLE GROUPS, MINISTERS TO THE POOR AND BROKEN AND ESTABLISHES UNITY THROUGH PRAYER AND WORSHIP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Ledbetter President | 40 | $0 | |
Lyly Ledbetter Vice President | 20 | $0 | |
Chuck Lenhart Vice President | 0 | $0 | |
Aaron Smith Secretarytreasurer | 0 | $0 | |
John Paul Sprecher Director | 0 | $0 | |
Valora Bock Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $130,440 |
| Total Program Service Revenue | $0 |
| Membership dues | $16,580 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $147,020 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $58,007 |
| Professional fees and other payments to independent contractors | $2,250 |
| Occupancy, rent, utilities, and maintenance | $2,873 |
| Printing, publications, postage, and shipping | $3 |
| Other expenses | $88,485 |
| Total expenses | $151,618 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $6,472 |
| Other assets | $0 |
| Total assets | $8,222 |
| Total liabilities | $21 |
| Net assets or fund balances | $8,201 |