Atulado Ministries
- Assets
- $76.5k
- Revenue
- $348.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Charlotte, NC
- Founding
- 08/2018
- Data as of
- 12/2022
- EIN
- 82-3725492
Organization Overview
Atulado Ministries is located in Charlotte, NC. The organization was established in 2018. 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. Atulado Ministries 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, Atulado Ministries generated $348.5k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 20.5% each year . All expenses for the organization totaled $434.1k during the year ending 12/2022. While expenses have increased by 28.3% per year over the past 5 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
ATULADO MINISTRIES EXISTS TO BE USED BY GOD TO SUPPORT THOSE WHO SHARE THE GOSPEL OF JESUS CHRIST AND DISCIPLE HIS FOLLOWERS, AS WELL AS HUMBLY DEMONSTRATE THE GENEROSITY OF THE GOD WE SERVE WITH PASSION, INTEGRITY, AND GRATITUDE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TRAVEL BACK INTO CUBA REOPENED IN 2022 AND WE TRAVELED TO THE ISLAND EIGHT TIMES WORKING IN MINISTRY FOR 62 DAYS. OVER THE YEAR WE VISITED WITH MORE THAN 100 CHURCHES AND DROVE MORE THAN 6,000 MILES THROUGHOUT THE ISLAND AS WE DELIVERED AN ESTIMATED 1,995 POUNDS OF MINISTRY AND HUMANITARIAN SUPPLIES. PROVIDED HUMANITARIAN RELIEF TO DOZENS OF CHURCHES AFTER HURRICANE IAN LEVIED MAJOR DESTRUCTION ON THE WESTERN PART OF THE ISLAND. THIS INCLUDED THE DISTRIBUTION OF FOOD, REPAIRS TO THE HOMES OF MANY CHURCH MEMBERS, AND PROVIDING NEW MATTRESSES TO THOSE DAMAGED IN THE STORM. AIDED CHURCHES TO PROVIDE OVER THE COUNTER (OTC) MEDICATIONS TO THOSE IN NEED BY DELIVERING MORE THAN 100,000 DOSES OF OTC MEDICATION NOT AVAILABLE IN CUBA. AS CUBA IS SUFFERING FROM AN ECONOMIC DISASTER BECAUSE OF COVID-19 RESTRICTIONS, WE PROVIDED "LOVE OFFERINGS" TO PASTORS TO TEMPORARILY EASE THE FINANCIAL STRUGGLE. THESE OFFERINGS WERE INTENDED TO BE ENOUGH TO PROVIDE NECESSITIES OF LIFE FOR A COUPLE OF MONTHS. AT THE SAME TIME, WE WERE ABLE TO PROVIDE FAMILY ITEMS SUCH AS SHOES, PRESCRIPTION GLASSES, FLASHLIGHTS, BACK PACKS, UNDERGARMENTS, TRADE TOOLS FOR WORK, CLOTHING AND OTHER ITEMS TO HELP FAMILIES IN THEIR TIME OF NEED. AS PART OF OUR SUPPORT FOR MINISTRY ACTIVITY ON THE ISLAND WE PROVIDED SUPPORT FOR MANY MISSION TRIPS; CHURCH EVENTS; A KEY WOMEN'S MINISTRY EVENT; GENERATORS TO COMBAT THE HISTORIC POWER OUTAGES; BICYCLES; VEHICLE REPAIRS, AND A HORSE TO AID WITH TRANSPORTATION; LAPTOPS FOR BIBLICAL STUDIES AND CHURCH SERVICES; CELL PHONE RECHARGES FOR PASTOR COMMUNICATION; AND WORSHIP AND PRAISE SUPPLIES. WE PROVIDED FUNDING TO SEVERAL CHURCHES TO IMPROVE OR EXPAND THE CURRENT BUILDING TO ALLOW FOR LARGER AND BETTER CONDITIONS FOR WORSHIP SERVICES. THIS YEAR WE INFORMALLY JOINED FORCES WITH A LOCAL PHILANTHROPIST TO INVEST IN THE CHARLOTTE, NC COMMUNITY AND OTHER INTERNATIONAL PARTNERS. THIS IS IN THE EARLY STAGES, BUT WE ARE WELL POSITIONED TO MAKE STRATEGIC INVESTMENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wayne Snyder President | OfficerTrustee | 50 | $0 |
Renee Snyder Vice President | OfficerTrustee | 10 | $0 |
Allison Barnhill Director | Trustee | 1 | $0 |
Kari Cope 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 | $348,536 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $348,536 |
| Total Program Service Revenue | $0 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $348,536 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $132,520 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $251,305 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $585 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,203 |
| Information technology | $3,504 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $35,279 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $44 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,515 |
| All other expenses | $0 |
| Total functional expenses | $434,124 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $76,536 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $76,536 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $76,536 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $76,536 |
Grants Awarded
Over the last fiscal year, Atulado Ministries has awarded $120,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
CHARLOTTE COMMUNITY HEALTH PURPOSE: SUPPORT THE ORGANIZATION'S MISSION | $25,000 |
ONE MISSION SOCIETY USA INC PURPOSE: SUPPORT THE ORGANIZATION'S MISSION | $15,000 |
PROJECT 658 INC PURPOSE: SUPPORT THE ORGANIZATION'S MISSION | $10,000 |
ONE MISSION SOCIETY USA INC PURPOSE: SUPPORT THE ORGANIZATION'S MISSION | $10,000 |
SIM USA INTERNATIONAL PURPOSE: SUPPORT THE ORGANIZATION'S MISSION | $50,000 |
WEST BLVD MINISTRY INC PURPOSE: SUPPORT THE ORGANIZATION'S MISSION | $10,000 |