Association Of Community Ministries Inc
- Assets
- $445.5k
- Revenue
- $6.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Louisville, KY
- Founding
- 04/2000
- Data as of
- 12/2021
- EIN
- 61-1361750
Organization Overview
Association Of Community Ministries Inc is located in Louisville, KY. The organization was established in 2000. According to its NTEE Classification (X12) the organization is classified as: Fund Raising & Fund Distribution, 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. Association Of Community 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, Association Of Community Ministries Inc generated $6.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 34.1% each year . All expenses for the organization totaled $6.7m during the year ending 12/2021. While expenses have increased by 38.5% per year over the past 7 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.
Since 2020, Association Of Community Ministries Inc has awarded 39 individual grants totaling $15,401,071. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
GATHER FUNDS FOR DISTRIBUTION TO NON-PROFIT ORGANIZATIONS
Describe the Organization's Program Activity:
Part 3 - Line 4a
GATHER GRANT FUNDING FOR DISTRIBUTION TO NON-PROFIT ORGANIZATIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Troy Burdon Chair | Officer | 3 | $0 |
Julie Abbott Vice Chair | Officer | 3 | $0 |
Ron Loughry Secretary | Officer | 3 | $0 |
Marlon Cummings Treasurer | Officer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $4,910,007 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,305,839 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,215,846 |
| Total Program Service Revenue | $0 |
| Investment income | $65 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,215,911 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $6,664,263 |
| 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 | $4,784 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,978 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $18,000 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,365 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $8,000 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $6,734,341 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $445,495 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $445,495 |
| 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 | $0 |
| 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 | $445,495 |
| Total liabilities and net assets/fund balances | $445,495 |
Grants Awarded
Over the last fiscal year, Association Of Community Ministries Inc has awarded $5,836,729 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
Louisville, KY PURPOSE: PROVIDE FUNDING FOR BASIC LIVING EXP TO PERSONS IN NEED | $1,052,750 |
Louisville, KY PURPOSE: PROVIDE FUNDING FOR BASIC LIVING EXP TO PERSONS IN NEED | $603,223 |
Louisville, KY PURPOSE: PROVIDE FUNDING FOR BASIC LIVING EXP TO PERSONS IN NEED | $554,394 |
Louisville, KY PURPOSE: PROVIDE FUNDING FOR BASIC LIVING EXP TO PERSONS IN NEED | $531,359 |
Louisville, KY PURPOSE: PROVIDE FUNDING FOR BASIC LIVING EXP TO PERSONS IN NEED | $465,642 |
Louisville, KY PURPOSE: PROVIDE FUNDING FOR BASIC LIVING EXP TO PERSONS IN NEED | $440,738 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Association Of Community Ministries Inc has recieved totaling $600,000.
| Awarding Organization | Amount |
|---|---|
Louisville Water Foundation Louisville, KY PURPOSE: water education | $600,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Marvin M Schwan Charitable Foundation Earth City, MO | $409,431,512 | $16,300,505 |
Association Of Community Ministries Inc Louisville, KY | $445,495 | $6,215,911 |
Youngstown Area Jewish Foundation Youngstown, OH | $57,003,895 | $4,586,174 |
Sisters Of Charity Foundation Of Cleveland Cleveland, OH | $104,281,419 | $3,700,315 |
Wiseheart Foundation Memphis, TN | $10,743,867 | $6,206,349 |
Global Ministries Foundation Cordova, TN | $20,808,133 | $5,793,917 |
Perception Funding Inc Kansas City, MO | $746,520 | $3,023,889 |
Stone Table Inc Plainfield, IN | $3,350,339 | $2,332,694 |
Cpps Heritage Mission Fund Dayton, OH | $17,862,945 | $6,205,362 |
National Christian Charitable Foundation Inc Knoxville, TN | $13,653,760 | $2,866,277 |
Amish Mutual Mortgage Fund Nappanee, IN | $84,844,116 | $2,126,511 |
Church Loan Fund Inc Cleveland, TN | $45,949,413 | $2,026,360 |