Heritage Ministries Inc

Organization Overview

Heritage Ministries Inc is located in Alcoa, TN. The organization was established in 1989. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Heritage Ministries Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Heritage 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, Heritage Ministries Inc generated $4.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.5% each year . All expenses for the organization totaled $3.7m during the year ending 12/2021. While expenses have increased by 11.1% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PREACH GOSPEL OF JESUS CHRIST

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE PRIMARY PURPOSE OF HERITAGE MINISTRIES, INC. IS TO TRAVEL THROUGHOUT THE U.S. AND THE WORLD SPEAKING AT CHURCHES AND CONFERENCES PROCLAIMING THE GOSPEL OF JESUS. INCLUDED IN THE PURPOSE IS TO ASSIST ASSEMBLY OF GOD CHURCHES BUILD CHURCHES IN FOREIGN COUNTRIES.


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Board, Officers & Key Employees

Name (title)Compensation
Chip Johnson
Director
$120,000
Joyce Johnson
Secretary
$42,000
Samuel Johnson
President
$24,000
Cal Carpenter
Director
$0
Denny Curran
Director
$0
Derrick Ross
Director
$0

Financial Statements

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$4,695,615
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$4,695,615
Total Program Service Revenue$0
Investment income $152
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 $4,695,767

Grants Awarded

Over the last fiscal year, Heritage Ministries Inc has awarded $1,767,479 in support to 2 organizations.

Grant RecipientAmount

ASSEMBLIES OF GOD

Org PageRecipient Profile

Springfield, MO

PURPOSE: MISSIONS

$1,747,205

TRINITY BIBLE COLLEGE

Org PageRecipient Profile

Ellendale, ND

PURPOSE: BIBLE COLLEGE

$20,274
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Heritage Ministries Inc has recieved totaling $1,600,000.

Awarding OrganizationAmount
Signatry Charitable Trust

Overland Park, KS

PURPOSE: GENERAL

$1,500,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: RELIGION RELATED

$75,000
Servant Foundation

Overland Park, KS

PURPOSE: COMMUNITY DEVELOPMENT

$25,000
View Grant Recipient Profile

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