Magenta Ministries is located in Bakersfield, CA. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Magenta 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 06/2024, Magenta Ministries generated $72.4k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $73.5k during the year ending 06/2024. 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
2024
Describe the Organization's Program Activity:
Part 3
MAGENTA MINISTRIES RECONCILES GOD'S CHILDREN TO HIM BY PREACHING THE GOSPEL OF JESUS CHRIST'S DEATH, RESURRECTION, AND ASCENSION. IT HOLDS WEEKLY CHURCH SERVICES, SUPPORTS HUMANITARIAN EFFORTS, AND LAUNCHES GLOBAL MISSIONS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Delane Morin Chief Executive Officer | 20 | $4,648 | |
Rhonda Woods Secretary | 0 | $0 | |
Marissa Mulligan Chief Financial Officer | 0 | $0 | |
Micah Yursik Missions Director | 40 | $12,385 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $72,364 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $72,364 |
| 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 | $41,234 |
| Occupancy, rent, utilities, and maintenance | $639 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $31,672 |
| Total expenses | $73,545 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,065 |
| Other assets | $0 |
| Total assets | $1,065 |
| Total liabilities | $0 |
| Net assets or fund balances | $1,065 |