Ken Smith Ministries Inc is located in Tallahassee, FL. The organization was established in 1993. According to its NTEE Classification (X21) the organization is classified as: Protestant, 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. Ken Smith 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 12/2016, Ken Smith Ministries Inc generated $76.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (30.1%) each year. All expenses for the organization totaled $79.1k during the year ending 12/2016. As we would expect to see with falling revenues, expenses have declined by (29.1%) per year over the past 2 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
2016
Describe the Organization's Program Activity:
Part 3
PROVIDING CHRISTIAN EDUCATION
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kenneth H Smith President | 20 | $20,000 | |
Donnelle Smith Vice President | 5 | $15,516 | |
Ed Knickman Sec. / Treasurer | 5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $35,188 |
| Total Program Service Revenue | $41,648 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $76,836 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $50,274 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $28,839 |
| Total expenses | $79,113 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $59,122 |
| Other assets | $0 |
| Total assets | $75,633 |
| Total liabilities | $40,000 |
| Net assets or fund balances | $35,633 |