Sufficient Ministries Of Utah Inc is located in Salt Lake City, UT. The organization was established in 0000. 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. Sufficient Ministries Of Utah 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 12/2022, Sufficient Ministries Of Utah Inc generated $64.8k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $64.8k during the year ending 12/2022. While expenses have increased by 2.1% per year over the past 6 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
ASSISTING CHRISTIAN ORGANIZATIONS = 28.37% OF TOTAL ACTIVITY
MISSIONS & EVANGELISM = 24.26% OF TOTAL ACTIVITY
DISCIPLESHIP & FELLOWSHIP = 24.01% OF TOTAL ACTIVITY
AUTO EXPENSES 4.79% = $2749 MEDICAL EXP 3.79% = $2180 BENEVOLENCE 4.05% = $2326 SENIOR CITIZENS .31% = $174 HOUSING/SHELTER 10.42% = $5989
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael T Lowe President | 5 | $0 | |
Christina Wanner Exec VP | 5 | $0 | |
Rachel Lowe Vp,it Director | 5 | $0 | |
Nathan A Wanner Vp/medical Director | 5 | $0 | |
Nannette Lowe Secretary | 5 | $0 | |
William T Lowe Treasurer | 5 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $64,760 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $64,760 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $7,310 |
| Total operating and administrative expenses | $7,310 |
| Contributions, gifts, grants paid | $57,450 |
| Total expenses and disbursements | $64,760 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $10 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Over the last fiscal year, Sufficient Ministries Of Utah Inc has awarded $46,344 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SEE ATTACHMENT PURPOSE: VARIOUS | $26,747 |
OTHER MISC CONTRIBUTIONS PURPOSE: VARIOUS | $19,597 |