Skit Guys Inc
- Assets
- $800.6k
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Edmond, OK
- Founding
- 08/2001
- Data as of
- 12/2021
- EIN
- 75-2853992
Organization Overview
Skit Guys Inc, operating under the name Skit Guys, is located in Edmond, OK. The organization was established in 2001. 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. Skit Guys 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, Skit Guys generated $2.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $1.7m during the year ending 12/2021. While expenses have increased by 0.8% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SHARE THE GOSPEL OF CHRIST THROUGH DRAMATIC AND ENTERTAINING SKITS PERFORMED IN VARIOUS VENUES INCLUDING CHURCHES, CAMPS AND CONFERENCES
Describe the Organization's Program Activity:
Part 3 - Line 4a
PERFORMED FOR OVER 50,000 PEOPLE IN 30 VENUES AND SPREAD THE GOSPEL VIA SOCIAL MEDICA REACHING UP TO 50 MILLION INDIVIDUALS PRODUCED VIDEOS AND WRITTING MATERIAL WHICH COMMUNICAT THE GOSPEL OF CHRIST
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tommy Woodard President | OfficerTrustee | 30 | $185,250 |
Eddie James Vice President | OfficerTrustee | 30 | $185,250 |
Jay Howver COO | OfficerTrustee | 40 | $122,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $139,412 |
| All other contributions, gifts, grants, and similar amounts not included above | $91,325 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $230,737 |
| Total Program Service Revenue | $226,503 |
| Investment income | $0 |
| 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 | $1,555,734 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,012,974 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $115 |
| 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. | $541,340 |
| Compensation of current officers, directors, key employees. | $168,967 |
| Compensation to disqualified persons | $70,594 |
| Other salaries and wages | $329,576 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $18,689 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,470 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $157,323 |
| Advertising and promotion | $207,726 |
| Office expenses | $16,570 |
| Information technology | $0 |
| Royalties | $267,973 |
| Occupancy | $11,708 |
| Travel | $58,583 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,899 |
| Interest | $2,394 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,429 |
| Insurance | $21,507 |
| All other expenses | $14,457 |
| Total functional expenses | $1,741,010 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $761,868 |
| 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 | $31,450 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $7,263 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $800,581 |
| Accounts payable and accrued expenses | $37,755 |
| 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 | $152,906 |
| Other liabilities | $0 |
| Total liabilities | $190,661 |
| 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 | $609,920 |
| Total liabilities and net assets/fund balances | $800,581 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Skit Guys Inc has recieved totaling $50,000.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: RELIGION RELATED | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Family Legacy Missions International Dallas, TX | $14,330,799 | $19,529,503 |
Health Ministries Clinic Inc Newton, KS | $19,446,224 | $22,871,961 |
East-West Ministries International Plano, TX | $8,184,642 | $19,204,558 |
Marketplace Ministries Inc Plano, TX | $5,987,779 | $19,506,765 |
Foundation For A Christian Civilization Inc Rossville, KS | $19,284,785 | $19,952,584 |
Pioneer Bible Translators Dallas, TX | $22,558,672 | $19,174,102 |
Society Of St Vincent De Paul Archdiocese Of Galveston-Houston Houston, TX | $7,339,150 | $16,634,792 |
E3 Partners Ministry Plano, TX | $6,012,362 | $14,710,236 |
San Antonio Metropolitan Ministry Inc San Antonio, TX | $12,579,627 | $13,414,405 |
Haven Of Our Lady Of Peace Inc St Louis, MO | $8,612,583 | $10,375,484 |
Community Bible Study Colorado Springs, CO | $19,076,306 | $12,975,441 |
Cadence International Englewood, CO | $9,762,190 | $12,602,895 |