Fallout Shelter Ministries Inc is located in Watertown, SD. The organization was established in 2017. According to its NTEE Classification (I70) the organization is classified as: Protection Against Abuse, under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fallout Shelter 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 12/2023, Fallout Shelter Ministries Inc generated $169.8k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 27.4% each year . All expenses for the organization totaled $115.7k during the year ending 12/2023. While expenses have increased by 17.7% per year over the past 4 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROVIDE LEADERSHIP AND SERVICE TO OTHERS BY TEACHING HOW TO TAP INTO THEIR STRENGTHS AND LEAD BY EXAMPLE THROUGH MARTIAL ARTS AND RESPONSE TRAINING.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Ohm President | 50 | $0 | |
Beret Ohm Vice Preside | 5 | $0 | |
Mary Buck Director | 1 | $0 | |
Michelle Wadsworth Director | 1 | $0 | |
Jim Holdahl Director | 1 | $0 | |
Hazel Bierschbach Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $150,161 |
| Total Program Service Revenue | $5,293 |
| Membership dues | $14,498 |
| Investment income | $6 |
| Gain or Loss | -$2,208 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $846 |
| Total Revenue | $169,793 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $8,009 |
| Occupancy, rent, utilities, and maintenance | $21,481 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $86,187 |
| Total expenses | $115,677 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $3,448 |
| Other assets | $0 |
| Total assets | $199,888 |
| Total liabilities | $135,140 |
| Net assets or fund balances | $64,748 |