Koinonia Ministries Inc is located in Imperial Beach, CA. 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. Koinonia 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, Koinonia Ministries Inc generated $76.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.2% each year . All expenses for the organization totaled $87.4k during the year ending 12/2022. While expenses have increased by 27.9% 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
2022
Describe the Organization's Program Activity:
Part 3
PROVIDED FINANCIAL SUPPORT TO U.S. AND FOREIGN NON-PROFIT ORGANIZATIONS TO FUND SUPPLIES, MARRIAGE MINISTRYNEIGHBORHOOD OUTREACH, HOUSING AND BIBLICAL EDUCATION.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Juan Flores President | 40 | $17,240 | |
Nicholas Flores Secretary/treasurer | 40 | $6,000 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $76,641 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $14 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $76,655 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $23,240 |
| Professional fees and other payments to independent contractors | $2,640 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $210 |
| Other expenses | $11,816 |
| Total expenses | $87,395 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $52,539 |
| Other assets | $0 |
| Total assets | $53,147 |
| Total liabilities | $0 |
| Net assets or fund balances | $53,147 |