Street Corner Ministries Matthew 22 9 Inc, operating under the name Foundation in Christ Ministries, is located in Naples, FL. The organization was established in 1996. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. As of 09/2024, Foundation in Christ Ministries employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation in Christ Ministries 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 09/2024, Foundation in Christ Ministries generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 41.3% each year . All expenses for the organization totaled $1.8m during the year ending 09/2024. While expenses have increased by 7.1% per year over the past 9 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
CHRISTIAN OUTREACH MINISTRY
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION IS COMMITTED TO PROCLAIMING THE GOOD NEWS THROUGHOUT IRELAND. THROUGH THE ORGANIZATION'S SUPPORT OF THE OUTREACHES AT AN TOBAR NUA IN GALWAY, IRELAND, INCLUDING THE CAFE, BOTHAR EMMAUS BOOKSHOP, AN TOBAR NUA COUNSELING CENTER, THE EMMAUS SCRIPTURE SCHOOL, AND AN TOBAR NUA YOUTH OUTREACH, THE AN TOBAR NUA COMMUNITY IS CULTIVATING HOPE. COMMUNITY - IN CHRIST, THE ORGANIZATION IS COMMITTED TO SHARING LIFE TOGETHER, ENCOURAGING ONE ANOTHER IN THE FAITH, AND REPRESENTING THE GOOD NEWS TO EVERY PERSON. TRUTH - IN CHRIST, THE ORGANIZATION IS COMMITTED TO THE MESSAGE AND POWER OF THE GOOD NEWS IN EVERY DAY LIFE. HOPE - IN CHRIST, THE ORGANIZATION IS COMMITTED TO SHARING THE HOPE FOUND IN A LOVING RELATIONSHIP WITH JESUS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Raymond Johnson Treasurer, Director | OfficerTrustee | 1 | $0 |
David Moreland Director | Trustee | 1 | $0 |
Susan Curry Director | Trustee | 8 | $0 |
Kelly Curry President | Officer | 4 | $0 |
Natalie Rainey Secretary, Executive Director | Officer | 20 | $60,000 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $1,327,146 |
Noncash contributions included in lines 1a–1f | $50,309 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,327,146 |
Total Program Service Revenue | $0 |
Investment income | $78,503 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$26,658 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,380,035 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $1,580,220 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $69,000 |
Compensation of current officers, directors, key employees. | $20,700 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $31,887 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $7,717 |
Fees for services: Management | $0 |
Fees for services: Legal | $7,063 |
Fees for services: Accounting | $17,638 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $15,156 |
Fees for services: Other | $1,970 |
Advertising and promotion | $185 |
Office expenses | $2,295 |
Information technology | $4,790 |
Royalties | $0 |
Occupancy | $0 |
Travel | $15,082 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $80 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $15,045 |
Total functional expenses | $1,768,128 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $587,424 |
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 | $1,400 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $2,986,862 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $3,575,686 |
Accounts payable and accrued expenses | $1,672 |
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 | $1,672 |
Net assets without donor restrictions | $3,574,014 |
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 | $3,575,686 |