Loxafamosity Ministries Inc
- Assets
- $122.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Surfside Beach, SC
- Founding
- 06/2004
- Data as of
- 12/2021
- EIN
- 52-2400448
Organization Overview
Loxafamosity Ministries Inc is located in Surfside Beach, SC. The organization was established in 2004. According to its NTEE Classification (X01) the organization is classified as: Alliances & Advocacy, 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. Loxafamosity 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, Loxafamosity Ministries Inc generated $167.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $129.2k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Spielman President | 40 | $77,894 | |
Brain Irby Director | 1 | $0 | |
Brodie Mcclain Director | 1 | $0 | |
Tim Harman Director | 1 | $0 | |
Josh Young Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $167,523 |
| 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 | $167,523 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $94,874 |
| Professional fees and other payments to independent contractors | $450 |
| Occupancy, rent, utilities, and maintenance | $7,489 |
| Printing, publications, postage, and shipping | $134 |
| Other expenses | $26,237 |
| Total expenses | $129,184 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $107,750 |
| Other assets | $0 |
| Total assets | $122,309 |
| Total liabilities | $3,016 |
| Net assets or fund balances | $119,293 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Loxafamosity Ministries Inc has recieved totaling $69,576.
| Awarding Organization | Amount |
|---|---|
Eternal Perspective Ministries Sandy, OR PURPOSE: PRO-LIFE | $34,788 |
Eternal Perspective Ministries Sandy, OR PURPOSE: PRO-LIFE | $34,788 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Religious Community Services Of New Bern Inc New Bern, NC | $2,350,100 | $1,739,114 |
Met By Love Ministries Inc Pisgah Forest, NC | $204,972 | $914,478 |
Jewish Awareness Ministries Angier, NC | $1,226,828 | $478,417 |
Christian Coalition Charleston, SC | $131,109 | $477,791 |
Lantern Foundation Asheboro, NC | $185,303 | $419,034 |
Called To Peace Ministries Inc Wake Forest, NC | $202,619 | $298,353 |
Bethesda Recovery Inc Waycross, GA | $1,260,794 | $214,482 |
Aiken Africa International Mission Aiken, SC | $151,071 | $233,160 |
Carolina Jews For Justice Durham, NC | $119,094 | $154,561 |
Loxafamosity Ministries Inc Surfside Beach, SC | $122,309 | $0 |
Capitol Ambassadors Inc Columbia, SC | $6,069 | $0 |
The Institute For Faith And Family Raleigh, NC | $142,574 | $0 |