Totals
- Total revenue
- $25,046,616
- Total expenses
- $25,094,665
- Contributions and grants received
- $25,046,616
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $1,231,805
- Total liabilities, end of year
- $1,001,667
- Net assets or fund balances, end of year
- $230,138
- Program services expenses (Part IX)
- $25,094,665
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $25,094,665
Program services were 100.0% 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
$25,046,616
-
6c · Rental income or loss
real property $0 · personal property $0
-
6d · Net rental income or loss
total $0
-
7c · Gain or loss
securities $0 · other assets $0
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $36,622 · program services $36,622
-
11b · Fees: legal
total $140 · program services $140
-
11c · Fees: accounting
total $10,400 · program services $10,400
-
13 · Office expenses
total $9,889 · program services $9,889
-
16 · Occupancy
total $8,000 · program services $8,000
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $14,465 · program services $14,465
-
24a · Other expenses: Repairs and maintenance
total $8,682 · program services $8,682
-
24b · Other expenses: Taxes and licenses
total $1,144 · program services $1,144
-
24c · Other expenses: Mortgage
total $49,008 · program services $49,008
-
24d · Other expenses: Meals and entertainment
total $4,941 · program services $4,941
-
24e · All other expenses
total $24,951,374 · program services $24,951,374 · management and general $0 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $49,583 · end of year $60,396
-
8 · Inventories for sale or use
beginning of year $307,944 · end of year $307,944
-
9 · Prepaid expenses and deferred charges
beginning of year $6,880 · end of year $6,880
-
10a · Land, buildings and equipment: cost or other basis
$1,043,508
-
10b · Land, buildings and equipment: accumulated depreciation
$186,923
-
10c · Land, buildings and equipment, net
beginning of year $915,447 · end of year $856,585
-
17 · Accounts payable and accrued expenses
beginning of year $2,779 · end of year $2,779
-
23 · Secured mortgages and notes payable
beginning of year $998,888 · end of year $998,888
-
27 · Net assets without donor restrictions
beginning of year $278,187
Mission and programs · 2022
Mission
BelknapMinistries,Inc.isa501c3,doingbusinessasInspiredVisionChurchandInspiredVisionCompassionCenter.InspiredVisionCompassionCentermissionistoprovidegroceries,householditemsandothermiscellaneousgoodsandservicetolowincomefamiliesinthesurroundingcommunity.
Activities or mission (Part I)
Belknap Ministries, Inc. is a 501c3, doing business as Inspired Vision Church and Inspired Vision Compassion Center. Inspired Vision Compassion Center mission is to provide groceries, household items and other miscellaneous goods and service to low income families in the surrounding community. In 2021 we served 427,208 families.
-
Throughout the struggles and hardships that have been endured in 2022, the organization has stayed opened and has surpassed the expectations we had at the beginning of the year. We served a total of 441,350 families. We provided winter coats to over 1,500 children. We gave school supplies and uniforms to 1,104 children.
Expenses $25,094,665 · Revenue $25,046,616
As filed on the 2022 return.
Listed in Part VII
-
Adetutu Adedoyin
Board Trustee
- Total calculated
- $17,400
- From this org
- $17,400
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40 + 0.01 related
-
Karen Belknap
CFO/Founder
- Total calculated
- $12,377
- From this org
- $12,377
- From related orgs
- $0
- Other
- $0
- Hours/week
- 65 + 0.01 related
-
Yolanda Joloma
Clerk
- Total calculated
- $4,200
- From this org
- $4,200
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40 + 0.01 related
-
Trevelan Belknap
COO
- Total calculated
- $4,126
- From this org
- $4,126
- From related orgs
- $0
- Other
- $0
- Hours/week
- 65 + 0.01 related
-
Teandran White
CEO
- Total calculated
- $4,126
- From this org
- $4,126
- From related orgs
- $0
- Other
- $0
- Hours/week
- 65 + 0.01 related
-
Shala Flowers
Board member
- Total calculated
- $0
- Hours/week
- 2 + 0.01 related
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
- 2022
- Filed
- 10 October 2023
- IRS schema version
- 2022v5.0
- Source object
- 202322849349302107
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.