Borders Expanded Ministries Inc
- Assets
- $216.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Woodburn, KY
- Founding
- 09/2015
- Data as of
- 12/2022
- EIN
- 47-4011125
Organization Overview
Borders Expanded Ministries Inc is located in Woodburn, KY. The organization was established in 2015. According to its NTEE Classification (X20) the organization is classified as: Christianity, 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. Borders Expanded 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 12/2022, Borders Expanded Ministries Inc generated $130.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $116.5k during the year ending 12/2022. While expenses have increased by 9.1% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
HIGHLIGHTS OF 2022: -CHURCH: DUE TO SIGNIFICANT OUTREACH, QUARTERLY AVERAGE ATTENDANCE AT IGLESIA BAUTISTA SENDEROS DE FE INCREASED STEADILY FROM 20 IN THE 1ST QUARTER TO 60 IN THE 4TH QUARTER. TWENTY-ONE (21) PEOPLE WERE BAPTIZED, TWELVE (12) MADE PROFESSIONS OF FAITH, AND FOUR (4) BABIES WERE DEDICATED. -SCHOLARSHIPS: PAID ENROLLMENT AND MONTHLY FEES FOR MARIA CARCAMO TO ATTEND PHYSICAL THERAPY SCHOOL AT UNITEC/CEUTEC UNIVERSITY IN TEGUCIGALPA, HONDURAS. -BIBLE INSTITUTE: HOSTED EIGHT (8) CLASSES WITH TWENTY-FIVE (25) STUDENTS ENROLLED IN THE BIBLE INSTITUTE. -DONATIONS: RECEIVED, SHIPPED, AND DONATED USED WHEELCHAIRS, CRUTCHES, AND SPECIALTY EQUIPMENT TO A LOCAL THERAPY CENTER AND CHILDREN'S HOME. -FACILITIES: CONTINUED IMPROVING EXISTING STRUCTURES ON THE MAIN CAMPUS IN HONDURAS: -CHAPEL/DORM: ADDED A METAL ROOF TO THE PORCH OF THE CHAPEL -MISSIONARY HOUSE: ADDED STEEL BEAMS AND A METAL ROOF;POURED CONCRETE FLOORS;PRIMED INTERIOR AND EXTERIOR WALLS; AND INSTALLED NEW WINDOWS AND ELECTRICAL WIRING. -TEAMS: HOSTED FORTY-SEVEN (47) VISITORS THAT HELPED WITH OUTREACH, ELECTRICAL AND CONCRETE PROJECTS, BIBLE INSTITUTE, AND DENTAL TEAM FOR SPECIAL NEEDS CHILDREN. -SPECIAL NEEDS: PROVIDED FINANCIAL SUPPORT TO THE THERAPY CENTER IN GUAIMACA FOR PHYSICAL THERAPY PERSONNEL AND TO MARITZA PICADO WHO WORKS WITH SPECIAL NEEDS CHILDREN IN LA MOSQUITIA. RECEIVED USED STANDERS, WHEELCHAIRS, AND WALKERS FOR HONDURAS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kelly Lawrence President | 1 | $350 | |
Patricia Lawrence Vice Preside | 1 | $350 | |
Megan Fuller Secretary | 1 | $0 | |
James Rhodes Hester Treasurer | 1 | $0 | |
Tommy Hardcastle Director | 1 | $0 | |
Brian Gilbreth Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $130,533 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $50 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $130,583 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $8,526 |
| Professional fees and other payments to independent contractors | $3,366 |
| Occupancy, rent, utilities, and maintenance | $34,410 |
| Printing, publications, postage, and shipping | $122 |
| Other expenses | $70,105 |
| Total expenses | $116,529 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $171,758 |
| Other assets | $0 |
| Total assets | $216,758 |
| Total liabilities | $285,991 |
| Net assets or fund balances | -$69,233 |