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Nonprofiteer
← CBM MINISTRIES

Form 990 for tax year 2024

Filed by CBM MINISTRIES.

Totals

Total revenue
$4,942,333
Total expenses
$2,626,301
Contributions and grants received
$2,837,877
Grants paid
$0
Program service revenue
$1,979,077
Investment income
$49
Other revenue
$125,330
Total assets, end of year
$11,981,362
Total liabilities, end of year
$436,244
Net assets or fund balances, end of year
$11,545,118
Program services expenses (Part IX)
$2,269,771
Management and general expenses
$261,954
Fundraising expenses
$94,576
Program service expenses (Part III)
$2,269,771

Program services were 86.4% 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.

  • 1c · Fundraising events

    $28,359

  • 1f · All other contributions, gifts and grants

    $2,809,518

  • 1g · Noncash contributions included above

    $24,311

  • 2a · Program service revenue: CAMP FEES

    total $1,519,884 · related or exempt $1,519,884

  • 2b · Program service revenue: HOMESCHOOL ENRICHMENT

    total $410,287 · related or exempt $410,287

  • 2c · Program service revenue: OUTREACH EVENTS

    total $29,030 · related or exempt $29,030

  • 2d · Program service revenue: BASKETBALL FEES

    total $19,876 · related or exempt $19,876

  • 3 · Investment income

    total $3,548 · excluded $3,548

  • 6a · Gross rents

    real property $99,137

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $99,137

  • 6d · Net rental income or loss

    total $99,137 · excluded $99,137

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

    other assets $3,499

  • 7c · Gain or loss

    other assets -$3,499

  • 7d · Net gain or loss

    total -$3,499 · excluded -$3,499

  • 8a · Fundraising events: gross income

    $0

  • 8a · Fundraising events: contributions included on line 1c

    $28,359

  • 8b · Fundraising events: direct expenses

    $1,746

  • 8c · Net income from fundraising events

    total -$1,746 · excluded -$1,746

  • 10a · Gross sales of inventory

    $40,951

  • 10b · Cost of goods sold

    $22,237

  • 10c · Net income from sales of inventory

    total $18,714 · related or exempt $18,714

  • 11a · Other revenue: OTHER REVENUE

    total $9,225 · excluded $9,225

  • 11e · Other revenue, total

    $9,225

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $94,803 · program services $75,317 · management and general $12,650 · fundraising $6,836

  • 7 · Other salaries and wages

    total $1,096,433 · program services $944,923 · management and general $98,357 · fundraising $53,153

  • 8 · Pension plan contributions

    total $16,035 · program services $12,739 · management and general $2,140 · fundraising $1,156

  • 9 · Other employee benefits

    total $142,658 · program services $113,337 · management and general $19,035 · fundraising $10,286

  • 10 · Payroll taxes

    total $96,362 · program services $76,556 · management and general $12,858 · fundraising $6,948

  • 11c · Fees: accounting

    total $57,215 · program services $45,638 · management and general $7,516 · fundraising $4,061

  • 12 · Advertising and promotion

    total $2,261 · program services $1,804 · management and general $297 · fundraising $160

  • 13 · Office expenses

    total $17,407 · program services $13,885 · management and general $2,286 · fundraising $1,236

  • 14 · Information technology

    total $31,108 · program services $24,732 · management and general $4,139 · fundraising $2,237

  • 16 · Occupancy

    total $211,579 · program services $179,842 · management and general $31,737

  • 17 · Travel

    total $9,134 · program services $7,286 · management and general $1,200 · fundraising $648

  • 20 · Interest

    total $41,641 · program services $33,215 · management and general $5,470 · fundraising $2,956

  • 22 · Depreciation, depletion and amortization

    total $336,360 · program services $279,963 · management and general $56,397

  • 23 · Insurance

    total $22,114 · program services $17,639 · management and general $2,905 · fundraising $1,570

  • 24a · Other expenses: SUMMER CAMP EXPENSES

    total $291,801 · program services $291,801

  • 24b · Other expenses: STORM EXPENSES

    total $92,700 · program services $92,700

  • 24c · Other expenses: EQUIPMENT

    total $37,787 · program services $33,075 · management and general $3,059 · fundraising $1,653

  • 24d · Other expenses: MISCELLANEOUS

    total $15,664 · program services $12,080 · management and general $1,908 · fundraising $1,676

  • 24e · All other expenses

    total $13,239 · program services $13,239

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $665,890 · end of year $556,514

  • 2 · Savings and temporary cash investments

    beginning of year $716,213 · end of year $209,278

  • 4 · Accounts receivable

    beginning of year $15,180 · end of year $29,453

  • 8 · Inventories for sale or use

    beginning of year $21,872 · end of year $31,978

  • 9 · Prepaid expenses and deferred charges

    beginning of year $3,770

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

    $13,968,643

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

    $3,025,310

  • 10c · Land, buildings and equipment, net

    beginning of year $8,207,962 · end of year $10,943,333

  • 15 · Other assets

    beginning of year $219,963 · end of year $210,806

  • 17 · Accounts payable and accrued expenses

    beginning of year $58,518 · end of year $32,981

  • 19 · Deferred revenue

    beginning of year $14,930 · end of year $32,275

  • 23 · Secured mortgages and notes payable

    beginning of year $548,316 · end of year $370,988

  • 27 · Net assets without donor restrictions

    beginning of year $8,555,275 · end of year $11,517,807

  • 28 · Net assets with donor restrictions

    beginning of year $673,811 · end of year $27,311

Mission and programs · 2024

Mission

NEW LIFE CAMP EXISTS TO LOVE, ACCEPT, AND INTRODUCE CHILDREN AND THEIR FAMILIES TO JESUS CHRIST, AND TO EQUIP THEM TO LIVE LIVES THAT GLORIFY GOD.

  • NON-DENOMINATIONAL BIBLE CAMPS FOR CHILDREN OF ALL AGES, WITH ACTIVITIES DESIGNED TO SHINE THE LIGHT OF THE GOSPEL OF JESUS CHRIST TO CHILDREN AND YOUTH SO THAT THEY MAY EXPERIENCE NEW LIFE THROUGH A RELATIONSHIP WITH HIM.THIS PROGRAM IS CRAFTED TO PROVIDE A UNIQUE AND FUN ENVIRONMENT THAT ENGAGES CHILDREN AND THEIR FAMILIES WITH THE LOVE OF JESUS AND TEACHES THEM HOW TO FOLLOW HIM WITH THEIR WHOLE HEARTS AND LIVES. SPECIFIC PROGRAMS INCLUDE SUMMER CAMP, OVERNIGHT CAMP, DAY CAMP, MONTHLY EVENTS, AND SOCCER CAMP.

    Expenses $1,665,212 · Revenue $1,533,613

  • L.E.A.R.N. SERVES APPROXIMATELY 750 HOMESCHOOLED STUDENTS, OFFERING FUN ACTIVITIES FOR YOUNGER CHILDREN AND SUPPLEMENTAL ACADEMIC COURSES FOR OLDER ONES.NEW LIFE CAMP PROVIDES FALL-TO-SPRING PROGRAMMING FOR HOMESCHOOLED STUDENTS OF ALL AGES, LED BY TRAINED CHRISTIAN STAFF COMMITTED TO SERVING THE LORD AND MINISTERING TO CHILDREN. EACH ACTIVITY IS DESIGNED TO BE ENGAGING AND EXCELLENT, WHILE TEACHING BIBLICAL TRUTHS.

    Expenses $299,143 · Revenue $286,746

  • SPORTS CAMPS CHALLENGE PLAYERS TO GROW IN BOTH ATHLETIC SKILL AND THEIR RELATIONSHIP WITH CHRIST IN A CHRIST-CENTERED ENVIRONMENT.NEW LIFE CAMP ATHLETICS TRAINS PLAYERS TO PURSUE EXCELLENCE IN COMPETITION AND FAITH. THROUGH DISCIPLINE, TEAMWORK, AND LIFE LESSONS, ATHLETES ARE ENCOURAGED TO APPLY BIBLICAL TRUTHS BOTH ON AND OFF THE FIELD.

    Expenses $254,524 · Revenue $147,982

  • OUTREACH

    Expenses $50,892 · Revenue $29,450

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Bill Peterson

    CHAIRPERSON

    Total calculated
    $0
    Hours/week
    1
  • Hank Keleher

    VICE CHAIRPERSON

    Total calculated
    $0
    Hours/week
    1
  • Joey Hart

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Frank Lassiter

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Amy Martin

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Shannon Scott

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Sharon Stone

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Bob Touchton

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • David Trower

    MEMBER

    Total calculated
    $2,174
    From this org
    $2,174
    From related orgs
    $0
    Other
    $0
    Hours/week
    1
  • Frank Tyndall

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Phil Begany

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Jeff Beckett

    EXECUTIVE DIRECTOR (PRIOR)

    Total calculated
    $92,629
    From this org
    $60,229
    From related orgs
    $0
    Other
    $32,400
    Hours/week
    40
  • Bradford Wingo

    EXECUTIVE DIRECTOR (NEW)

    Total calculated
    $0
    Hours/week
    0

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

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
12 November 2025
IRS schema version
2024v5.2
Source object
202543179349306254

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