Billy Speer Ministries Inc is located in Springfield, TN. The organization was established in 1997. 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. Billy Speer 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, Billy Speer Ministries Inc generated $26.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.5%) each year. All expenses for the organization totaled $25.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (18.5%) per year over the past 7 years. 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
SPREAD THE GOSPEL OF JESUS CHRIST THROUGH SONGS, TESTIMONIALS, PRODUCTIONS & PREACHING AT REVIVALS, EVANELISTIC EVENTS & CHURCHES LOCALLY & NATIONALLY.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William C Speer Jr President | 15 | $0 | |
Elizabeth Kieser Treasurer | 5 | $0 | |
Paula C Speer Vice President | 15 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $25,979 |
| 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 | $25,979 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $5,568 |
| Professional fees and other payments to independent contractors | $1,600 |
| Occupancy, rent, utilities, and maintenance | $4,708 |
| Printing, publications, postage, and shipping | $1,842 |
| Other expenses | $12,214 |
| Total expenses | $25,932 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $5,479 |
| Other assets | $0 |
| Total assets | $17,554 |
| Total liabilities | $0 |
| Net assets or fund balances | $17,554 |