Ministering Circle Of Wilmington N C
- Assets
- $1.6m
- Revenue
- $115.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Wilmington, NC
- Founding
- 10/1949
- Data as of
- 12/2023
- EIN
- 58-1479685
Organization Overview
Ministering Circle Of Wilmington N C is located in Wilmington, NC. The organization was established in 1949. According to its NTEE Classification (E99) the organization is classified as: Health Care N.E.C., under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ministering Circle Of Wilmington N C 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, Ministering Circle Of Wilmington N C generated $115.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.8%) each year. All expenses for the organization totaled $137.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Ministering Circle Of Wilmington N C has awarded 48 individual grants totaling $999,644. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MINISTERING CIRCLE IS COMMITTED TO SUPPORTING PROJECTS AND PROGRAMS WHICH PROMOTE THE HEALTH AND WELLNESS OF THOSE IN WILMINGTON AND THE SURROUNDING COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MINISTERING CIRCLE OF WILMINGTON FULFILLED ITS MISSION OF PROMOTING HEALTH AND WELLNESS IN THE LOCAL COMMUNITY BY DISBURSING GRANTS TO LOCAL NONPROFITS AS DETAILED ON SCHEDULE I.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anne Murchison President | OfficerTrustee | 1 | $0 |
Holly Bullard Vice President | OfficerTrustee | 1 | $0 |
Suzanne Coleman Rec. Secretary | OfficerTrustee | 1 | $0 |
Margo Miars Corr. Secretary | OfficerTrustee | 1 | $0 |
Jan Wessell Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $12,400 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $39,105 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $51,505 |
| Total Program Service Revenue | $0 |
| Investment income | $64,073 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$31,811 |
| Net Income from Fundraising Events | $10,100 |
| Net Income from Gaming Activities | $21,410 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $115,277 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $125,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $9,508 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,977 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $137,914 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $51,390 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,571,776 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,623,166 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $1,623,166 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,623,166 |
Grants Awarded
Over the last fiscal year, Ministering Circle Of Wilmington N C has awarded $100,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
A SAFE PLACE PURPOSE: Operating support | $10,000 |
CAPE FEAR CC FDN PURPOSE: Scholarships | $12,500 |
CAROUSEL CENTER PURPOSE: Operating support | $13,000 |
EDEN VILLAGE PURPOSE: Operating support | $8,000 |
HARRELSON CENTER & HELP HUB PURPOSE: Community health, Help Hub. | $36,000 |
ST MARYS DENTAL CLNC PURPOSE: Pediatric dental clinics | $8,000 |