Guiding Light Ministries is located in Decatur, IL. The organization was established in 2009. 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. Guiding Light 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 12/2023, Guiding Light Ministries generated $32.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.1% each year. All expenses for the organization totaled $27.8k during the year ending 12/2023. While expenses have increased by 7.2% per year over the past 8 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
PRAYER MINISTRY
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Larry Duncan Director/ President | 0 | $0 | |
Mary Turek Secretary | 0 | $0 | |
Judith Followell Treasurer | 0 | $0 | |
Starr Holden Board Member | 0 | $0 | |
Brenda Reynolds Board Member | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $32,110 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $4 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $32,114 |
| 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 | $400 |
| Occupancy, rent, utilities, and maintenance | $20,266 |
| Printing, publications, postage, and shipping | $1,111 |
| Other expenses | $15 |
| Total expenses | $27,801 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $20,597 |
| Other assets | $0 |
| Total assets | $20,597 |
| Total liabilities | $0 |
| Net assets or fund balances | $20,597 |