Lets Go Fishing Ministries Inc
- Assets
- $197.7k
- Revenue
- $288.8k
- Investments
- $0.0
- Employees
- 2
- Location
- Littleton, CO
- Founding
- 06/1984
- Data as of
- 12/2022
- EIN
- 68-0023605
Organization Overview
Lets Go Fishing Ministries Inc, operating under the name Mens Ministry Catalyst, is located in Littleton, CO. The organization was established in 1984. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. As of 12/2022, Mens Ministry Catalyst employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mens Ministry Catalyst 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 12/2022, Mens Ministry Catalyst generated $288.8k 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 (3.0%) each year. All expenses for the organization totaled $328.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.9%) per year over the past 7 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
WORKING WITH CHURCHES, PARA-CHURCH ORGANIZATIONS, CONFERENCE CENTERS, AND CHRISTIAN BUSINESSES. MENS MINISTRY CATALYST EQUIPS MENS ORGANIZATIONS WITH BEST PRACTICE STRATEGIES, STRUCTURES, AND MULTI-MEDIA PRESENTATIONS TO HELP CREATE VIBRANT MENS MINISTRY MODELS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MENS LEADERSHIP TRAININGS, CHURCH CONSULTING, PASTORS MEETINGS, SPEAKING AT MENS EVENTS INTERNATIONALLY AS WELL AS OTHER DISCIPLESHIP FOCUSED EVENTS: WE CONDUCT A MINIMUM OF THREE MENS LEADERSHIP CONFERENCES PER YEAR, AS WELL AS SPEAKING AT SPORTSMANS SHOWS, IRON SHARPENS IRON EVENTS, AND OTHER MENS EVENTS. THE ATTENDANCE IS FROM 25 TO 300 PEOPLE AT THESE EVENTS. THE GOAL IS TO MOVE CHURCHES INTO A MINISTRY TO MEN THAT IS FOCUSED ON DISCIPLESHIP AND CREATE MEN WHO ARE ENGAGED IN REACHING THEIR NEIGHBORS, CO-WORKERS, FAMILY AND OF COURSE THEIR CHURCH FOR CHRIST.
GENERAL MINISTRYTHE GENERAL MINISTRY WOULD INCLUDE THE FOLLOWING: CHURCH CONTACT, COUNSELING PASTORS AND MENS LEADERS, PROVIDING RESOURCES TO CHURCHES AND MENS LEADERS, DEVELOPING STRATEGIC ALLIANCES WITH OTHER MINISTRIES, SPEAKING AT CHURCHES AND OTHER GATHERINGS, AND PRODUCING NEW RESOURCE MATERIALS ON TOPICS LIKE DISCIPLESHIP, TEAM BUILDING, MENS MINISTRY, STRESS, AND LEADERSHIP. THE MINISTRY USUALLY CONTACTS OVER 3 PEOPLE OR CHURCHES A MONTH ON A VARIETY OF TOPICS. WE ARE ACTIVELY ENGAGED WITH SUPPORTING OVER 160 CHURCHES AND HAVE AROUND 2600 CHURCHES IN OUR DATABASE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Grassi President | OfficerTrustee | 40 | $42,900 |
Wendell Morton Executive Director | Officer | 40 | $42,500 |
Don Paterson Director | Trustee | 1 | $0 |
Rev Lee Hall Director | Trustee | 1 | $0 |
Dr Austin Knuppe Director | Trustee | 1 | $0 |
Taff Vidales Director | Trustee | 1 | $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 | $278,443 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $278,443 |
| Total Program Service Revenue | $1,850 |
| Investment income | $142 |
| 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 | $3,598 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $288,837 |
| 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 | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $42,900 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $42,500 |
| Pension plan accruals and contributions | $77,000 |
| Other employee benefits | $61,672 |
| Payroll taxes | $5,938 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $159 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $17,544 |
| Office expenses | $5,961 |
| Information technology | $4,130 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $9,211 |
| 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 | $3,876 |
| Insurance | $4,534 |
| All other expenses | $17,397 |
| Total functional expenses | $328,862 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,554 |
| Savings and temporary cash investments | $151,513 |
| 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 | $5,940 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $32,649 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $197,656 |
| Accounts payable and accrued expenses | $5,554 |
| 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 | $5,554 |
| 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 | $192,102 |
| Total liabilities and net assets/fund balances | $197,656 |