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Nonprofiteer
← PATRICIA KING MINISTRIES

Form 990 for tax year 2023

Filed by PATRICIA KING MINISTRIES.

Totals

Total revenue
$1,687,343
Total expenses
$1,403,062
Contributions and grants received
$1,367,564
Grants paid
$446,831
Program service revenue
$94,685
Investment income
$87,455
Other revenue
$137,639
Total assets, end of year
$3,629,050
Total liabilities, end of year
$6,566
Net assets or fund balances, end of year
$3,622,484
Program services expenses (Part IX)
$1,396,274
Management and general expenses
$0
Fundraising expenses
$6,788
Program service expenses (Part III)
$1,396,274

Program services were 99.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $1,367,564

  • 2a · Program service revenue: PROGRAM FEES

    total $50,779 · related or exempt $50,779

  • 2b · Program service revenue: CONFERENCE REGISTRATION

    total $43,906 · related or exempt $43,906

  • 3 · Investment income

    total $1,022 · related or exempt $1,022

  • 5 · Royalties

    total $12,798 · related or exempt $12,798

  • 6a · Gross rents

    real property $39,685

  • 6b · Less rental expenses

    real property $41,066

  • 6c · Rental income or loss

    real property -$1,381

  • 6d · Net rental income or loss

    total -$1,381 · related or exempt -$1,381

  • 7a · Gross sales of assets other than inventory

    other assets $147,614

  • 7b · Less cost or other basis and sales expenses

    other assets $61,181

  • 7c · Gain or loss

    other assets $86,433

  • 7d · Net gain or loss

    total $86,433 · related or exempt $86,433

  • 10a · Gross sales of inventory

    $80,250

  • 10b · Cost of goods sold

    $34,497

  • 10c · Net income from sales of inventory

    total $45,753 · related or exempt $45,753

  • 11a · Other revenue: MORTGAGE INTEREST INCOM

    total $65,000 · related or exempt $65,000

  • 11b · Other revenue: MISCELLANEOUS INCOME

    total $1,260 · related or exempt $1,260

  • 11c · Other revenue: ADVERTISING INCOME

    total $14,209 · related or exempt $14,209

  • 11e · Other revenue, total

    $80,469

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $412,612 · program services $412,612

  • 3 · Grants to foreign organizations and individuals

    total $34,219 · program services $34,219

  • 5 · Compensation of officers, directors and key employees

    total $273,641 · program services $273,641

  • 7 · Other salaries and wages

    total $179,076 · program services $179,076

  • 9 · Other employee benefits

    total $39,624 · program services $39,624

  • 10 · Payroll taxes

    total $34,633 · program services $34,633

  • 11a · Fees: management

    total $36,685 · program services $36,685

  • 11b · Fees: legal

    total $398 · program services $398

  • 11c · Fees: accounting

    total $2,175 · program services $2,175

  • 11g · Fees: other

    total $70,017 · program services $63,229 · fundraising $6,788

  • 12 · Advertising and promotion

    total $6,933 · program services $6,933

  • 13 · Office expenses

    total $48,144 · program services $48,144

  • 14 · Information technology

    total $47,486 · program services $47,486

  • 15 · Royalties

    total $16,270 · program services $16,270

  • 16 · Occupancy

    total $60,997 · program services $60,997

  • 17 · Travel

    total $53,703 · program services $53,703

  • 19 · Conferences, conventions and meetings

    total $6,328 · program services $6,328

  • 20 · Interest

    total $41 · program services $41

  • 22 · Depreciation, depletion and amortization

    total $43,587 · program services $43,587

  • 24a · Other expenses: EXCISE TAX

    total $53 · program services $53

  • 24b · Other expenses: TRAINING & DEVELOPMENT

    total $508 · program services $508

  • 24c · Other expenses: TRANSPORTATION EXPENSES

    total $4,296 · program services $4,296

  • 24d · Other expenses: DEPRECIATION ON RENTAL RE

    total -$17,519 · program services -$17,519

  • 24e · All other expenses

    total $49,155 · program services $49,155

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $586,112 · end of year $426,861

  • 2 · Savings and temporary cash investments

    beginning of year $255,447 · end of year $165,861

  • 7 · Other notes and loans receivable

    beginning of year $1,202,662 · end of year $1,450,276

  • 8 · Inventories for sale or use

    beginning of year $109,707 · end of year $116,207

  • 10a · Land, buildings and equipment: cost or other basis

    $1,628,102

  • 10b · Land, buildings and equipment: accumulated depreciation

    $183,523

  • 10c · Land, buildings and equipment, net

    beginning of year $1,168,206 · end of year $1,444,579

  • 11 · Investments: publicly traded securities

    beginning of year $22,827 · end of year $23,424

  • 15 · Other assets

    beginning of year $1,829 · end of year $1,842

  • 25 · Other liabilities

    beginning of year $8,587 · end of year $6,566

  • 31 · Retained earnings, endowment or other funds

    beginning of year $3,338,203 · end of year $3,622,484

Mission and programs · 2023

Mission

LEAD SOULS TO CHRIST, PROMOTE SPIRITUAL GROWTH, LOVE, UNDERSTANDING, AND TOLERANCE AMONGST ALL CHRISTIANS, PROVIDE SPIRITUAL EDUCATION AND RESOURCES WORLDWIDE BY ALL MEANS AVAILABLE, PROVIDE SUPPLIES AND SERVICES TO THOSE IN NEED.

  • LEAD SOULS TO CHRIST, PROMOTE SPIRITUAL GROWTH, LOVE, UNDERSTANDING, AND TOLERANCE AMONGST ALL CHRISTIANS, PROVIDE SPIRITUAL EDUCATION AND RESOURCES WORLDWIDE BY ALL MEANS AVAILABLE, PROVIDE SUPPLIES AND SERVICES TO THOSE IN NEED.

    Expenses $1,396,274

As filed on the 2023 return.

Listed in Part VII

  • Patricia Cocking

    EMPLOYEE

    Total calculated
    $134,025
    From this org
    $132,864
    From related orgs
    $0
    Other
    $1,161
    Hours/week
    60

  • Robert Hotchkin

    SECRETARY

    Total calculated
    $87,398
    From this org
    $75,244
    From related orgs
    $0
    Other
    $12,154
    Hours/week
    60

  • Vee M Burkett

    VICE PRESIDENT

    Total calculated
    $76,714
    From this org
    $65,533
    From related orgs
    $0
    Other
    $11,181
    Hours/week
    60

  • Rhonda M Bollig

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2023
Filed
18 December 2024
IRS schema version
2023v5.1
Source object
202423549349300512

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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