Bold Ministries Incorporated
- Assets
- $131.7k
- Revenue
- $5.3k
- Investments
- $118.2k
- Employees
- 0
- Location
- Canton, GA
- Founding
- Data as of
- 12/2023
- EIN
- 58-1842320
Organization Overview
Bold Ministries Incorporated is located in Canton, GA. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bold Ministries Incorporated 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, Bold Ministries Incorporated generated $5.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (19.7%) each year. All expenses for the organization totaled $15.8k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (28.1%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
COUNSELING AND DISCIPLESHIP TO INDIVIDUALS BIBLE STUDIES RETREATS AND CONFERENCES SPREAD THE GOSPEL AND SUPPORT PASTORS IN EUROPE
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $17,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$11,709 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $5,291 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $7,104 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $1,875 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6,780 |
| Total operating and administrative expenses | $15,759 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $15,759 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,182 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $294 |
| Other assets | $0 |
| Total assets | $131,695 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $97 |
| Total liabilities | $97 |
Grants Awarded
Over the last fiscal year, Bold Ministries Incorporated has awarded $675 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
GRACE TO YOU PURPOSE: SUPPORT MINISTRY | $500 |
THE MACARTHUR TRUST PURPOSE: SUPPORT MINISTRY | $100 |
CHAPEL LIBRARY - FREE GRACE BRDCSTR PURPOSE: SUPPORT MINISTRY | $75 |