Psalm68five Ministries is located in McKinney, TX. The organization was established in 2015. According to its NTEE Classification (X12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Psalm68five 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 12/2023, Psalm68five Ministries generated $100.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.6%) each year. All expenses for the organization totaled $229.9k during the year ending 12/2023. 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 Mission:
Part 3 - Line 1
IN PARTNERSHIP WITH SELECTED BEST-PRACTICE, FAITH-BASED CAMPS, PSALM68FIVE SERVES FATHERLESS CHILDREN AS IT RECRUITS SUMMER CAMPERS AND VOLUNTEERS, DEVELOPS AND PROVIDES EXEMPLARY, TRAUMA-INFORMED RESOURCES, AND COVERS THE COST OF ATTENDANCE AND PROGRAM MATERIALS FOR FATHERLESS CHILDREN. PARTNER CAMPS TRULY JOIN PSALM68FIVE IN ITS MISSION TO SERVE FATHERLESS CHILDREN. EACH ONE COMMITS TO RAISING ITS OWN SCHOLARSHIP FUNDING FOR FATHERLESS CHILDREN IN AN INCREASING AMOUNT EACH YEAR - ANNUALLY DIMINISHING PSALM68FIVE'S SPONSORING OF FATHERLESS CAMPS - UNTIL IT IS FULLY FUNDING ITS OWN SIGNIFICANT CAMP MINISTRY TO THE FATHERLESS AND UTILIZING PSALM68FIVE PROGRAM RESOURCES, VOLUNTEERS, TRAINING, AND MATERIALS.
Describe the Organization's Program Activity:
Part 3
IN CALENDAR YEAR 2021, PSALM68FIVE COLLABORATED WITH THE FOLLOWING CAMP AND YOUTH MINISTRY PARTNERS AND TO RECRUIT AND SERVE FATHERLESS CAMPERS: FRONTIER CAMP: GRAPELAND, TX CAMP HONEYROCK: THREE LAKES, WI WILDWOOD HILLS: SAINT CHARLES, IA
PSALM68FIVE IS ALSO A LEADER IN DEVELOPING TRAUMA-INFORMED, EXEMPLARY RESOURCES FOR FATHERLESS CHILDREN IN CAMP SETTINGS. PSALM68FIVE UTILIZES TRUST BASED RELATIONAL INTERVENTION TBRI, AND INNOVATIVE, TRAUMA-INFORMED MODALITY CREATED BY THE LATE DR. KARYN PURVIS AT TEXAS CHRISTIAN UNIVERSITY. WORKING WITH A TBRI CERTIFIED EDUCATOR, HAS DEVELOPED BOTH A TRAINING PROGRAM AND RESOURCE MATERIALS FOR CAMPS TO UTILIZE IN FATHERLESS CAMP MINISTRY WHICH BEGAN BEING UTILIZED IN SUMMER 2019 CAMPS.
PSALM68FIVE SERVES AS A NATIONAL VOICE AND ADVOCATE WITHIN THE NATIONAL CHRISTIAN CAMP COMMUNITY. THE GOAL IS TO EXPAND CAMP MINISTRY INTO MARGINALIZED POPULATIONS, TO SHARE GOD'S BEAUTIFUL CREATION WITH FATHERLESS CHILDREN WHO MAY NEVER EXPERIENCE NATURE OR THE JOY AND ADVENTURE OF SUMMER CAMP, AND TO SPECIFICALLY ENCOURAGE THE PROMISE AND VALUE OF EACH PRECIOUS CHILD AS OUTLINED IN PSALM68FIVE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Bryan C Johnson President | 20 | $0 | |
Rebecca E Johnson Secretary | 8 | $0 | |
Steve Foster Director | 10 | $0 | |
Bill Hopkins Director | 5 | $0 | |
Janet Hopkins Director | 5 | $0 | |
Bruce Johnson Director | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $99,958 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $99,958 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $12,517 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $1,258 |
Other expenses | $49,948 |
Total expenses | $229,887 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $112,718 |
Other assets | $0 |
Total assets | $112,718 |
Total liabilities | $0 |
Net assets or fund balances | $112,718 |
Over the last fiscal year, Psalm68five Ministries has awarded $45,000 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
WILDWOOD HILLS RANCH PURPOSE: Scholarships for Campers | $10,000 |
CAMP HONEYROCK PURPOSE: Scholarships for Campers | $10,000 |
FRONTIER CAMP PURPOSE: Scholarships for Campers | $25,000 |