Skip to content
Nonprofiteer
← FAITH MEMORIAL CHURCH

Form 990 for tax year 2024

Filed by FAITH MEMORIAL CHURCH.

Totals

Total revenue
$336,937
Total expenses
$242,648
Contributions and grants received
$190,022
Grants paid
$0
Program service revenue
$0
Investment income
$146,165
Other revenue
$750
Total assets, end of year
$186,565
Total liabilities, end of year
$2,128
Net assets or fund balances, end of year
$184,437
Program services expenses (Part IX)
$206,250
Management and general expenses
$36,398
Fundraising expenses
$0
Program service expenses (Part III)
$206,250

Program services were 85.0% 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

    $190,022

  • 3 · Investment income

    total $710 · related or exempt $710

  • 6a · Gross rents

    real property $750

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $750

  • 6d · Net rental income or loss

    total $750 · related or exempt $750

  • 7a · Gross sales of assets other than inventory

    other assets $145,455

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

    other assets $0

  • 7c · Gain or loss

    other assets $145,455

  • 7d · Net gain or loss

    total $145,455 · related or exempt $145,455

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $65,476 · program services $55,655 · management and general $9,821

  • 7 · Other salaries and wages

    total $21,200 · program services $18,020 · management and general $3,180

  • 10 · Payroll taxes

    total $1,622 · program services $1,379 · management and general $243

  • 11c · Fees: accounting

    total $1,400 · program services $1,190 · management and general $210

  • 13 · Office expenses

    total $4,730 · program services $4,020 · management and general $710

  • 16 · Occupancy

    total $28,809 · program services $24,488 · management and general $4,321

  • 23 · Insurance

    total $12,794 · program services $10,875 · management and general $1,919

  • 24a · Other expenses: MINISTRY EXPENSES

    total $46,860 · program services $39,831 · management and general $7,029

  • 24b · Other expenses: PARSONAGE RENTAL

    total $21,255 · program services $18,067 · management and general $3,188

  • 24c · Other expenses: CONTRACT SERVICES

    total $19,804 · program services $16,833 · management and general $2,971

  • 24d · Other expenses: LOSS ON CANCELLATION OF

    total $11,800 · program services $10,030 · management and general $1,770

  • 24e · All other expenses

    total $6,898 · program services $5,862 · management and general $1,036

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $4,564 · end of year $2,488

  • 2 · Savings and temporary cash investments

    beginning of year $85,584 · end of year $158,074

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

    $26,003

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

    $0

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $26,003

  • 25 · Other liabilities

    beginning of year $0 · end of year $2,128

  • 29 · Capital stock, trust principal or current funds

    beginning of year $90,148 · end of year $184,437

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $0 · end of year $0

Mission and programs · 2024

Mission

TO COMMUNICATE THE GOSPEL OF THE LORD JESUS CHRIST THROUGH WORSHIP AND MINISTRY TO MEMBERSAND NONMEMBERS. ADULT MINISTRY,YOUTH MINISTRY,CHILDRENS MINISTRY,FOOD AND BENEVOLENCE MINISTRY,PRAYER MINISTRY AND CHRISTIAN COUNSELING.

Activities or mission (Part I)

SHARING THE CHRISTIAN GOSPEL THROUGH WORSHIP AND MINISTRY

  • TO COMMUNICATE THE GOSPEL OF THE LORD JESUS CHRIST THROUGH WORSHIP AND MINISTRY TO MEMBERSAND NONMEMBERS. ADULT MINISTRY,YOUTH MINISTRY,CHILDRENS MINISTRY,FOOD AND BENEVOLENCE MINISTRY,PRAYER MINISTRY AND CHRISTIAN COUNSELING.

    Expenses $206,250 · Revenue $146,915

As filed on the 2024 return.

Listed in Part VII

  • Ca Cranfield

    PASTOR

    Total calculated
    $65,476
    From this org
    $65,476
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Frank Butler

    DEACON

    Total calculated
    $0
    Hours/week
    2
  • Mike McCormick

    DEACON

    Total calculated
    $0
    Hours/week
    2
  • Ted Walker

    DEACON

    Total calculated
    $0
    Hours/week
    2
  • Charles Barie

    DEACON

    Total calculated
    $0
    Hours/week
    2
  • Doug Odom

    DEACON

    Total calculated
    $0
    Hours/week
    2
  • Ron Brindle

    DEACON

    Total calculated
    $0
    Hours/week
    2
  • Larry Green

    DEACON

    Total calculated
    $0
    Hours/week
    2
  • Benjamin Johnson

    DEACON

    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

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
14 May 2025
IRS schema version
2024v5.1
Source object
202541359349316444

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

The source document this was parsed from is served over the API, which is where bulk and document access live.