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Nonprofiteer
← CATCH THE FIRE MINISTRIES INC

Form 990 for tax year 2023

Filed by CATCH THE FIRE MINISTRIES INC.

Totals

Total revenue
$2,112,486
Total expenses
$2,036,186
Contributions and grants received
$2,079,092
Grants paid
$198,576
Program service revenue
$0
Investment income
$670
Other revenue
$32,724
Total assets, end of year
$4,112,309
Total liabilities, end of year
$1,221,032
Net assets or fund balances, end of year
$2,891,277
Program services expenses (Part IX)
$198,576
Management and general expenses
$1,837,610
Fundraising expenses
$0
Program service expenses (Part III)
$198,576

Program services were 9.8% 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.

  • 1d · Related organizations

    $126,890

  • 1e · Government grants (contributions)

    $179,340

  • 1f · All other contributions, gifts and grants

    $1,772,862

  • 1g · Noncash contributions included above

    $117,615

  • 3 · Investment income

    total $670 · unrelated business $0 · excluded $0

  • 10a · Gross sales of inventory

    $22,083

  • 10b · Cost of goods sold

    $13,750

  • 10c · Net income from sales of inventory

    total $8,333 · related or exempt $8,333

  • 11a · Other revenue: CAMP/RETREATS

    total $24,391 · related or exempt $24,391 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $24,391

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $132,256 · program services $132,256

  • 2 · Grants to domestic individuals

    total $28,757 · program services $28,757

  • 3 · Grants to foreign organizations and individuals

    total $37,563 · program services $37,563

  • 5 · Compensation of officers, directors and key employees

    total $99,786 · program services $0 · management and general $99,786 · fundraising $0

  • 7 · Other salaries and wages

    total $833,390 · program services $0 · management and general $833,390 · fundraising $0

  • 9 · Other employee benefits

    total $41,952 · program services $0 · management and general $41,952 · fundraising $0

  • 10 · Payroll taxes

    total $19,103 · program services $0 · management and general $19,103 · fundraising $0

  • 11a · Fees: management

    total $47,619 · program services $0 · management and general $47,619 · fundraising $0

  • 11b · Fees: legal

    total $5,603 · program services $0 · management and general $5,603 · fundraising $0

  • 11c · Fees: accounting

    total $8,830 · program services $0 · management and general $8,830 · fundraising $0

  • 12 · Advertising and promotion

    total $8,487 · program services $0 · management and general $8,487 · fundraising $0

  • 13 · Office expenses

    total $3,409 · program services $0 · management and general $3,409 · fundraising $0

  • 14 · Information technology

    total $60,126 · program services $0 · management and general $60,126 · fundraising $0

  • 16 · Occupancy

    total $216,651 · program services $0 · management and general $216,651 · fundraising $0

  • 17 · Travel

    total $74,077 · program services $0 · management and general $74,077 · fundraising $0

  • 20 · Interest

    total $34,692 · program services $0 · management and general $34,692 · fundraising $0

  • 22 · Depreciation, depletion and amortization

    total $82,112 · program services $0 · management and general $82,112 · fundraising $0

  • 24a · Other expenses: HONORARIUM

    total $9,696 · program services $0 · management and general $9,696 · fundraising $0

  • 24b · Other expenses: MISSIONS/LOVE OFFERINGS

    total $31,640 · program services $0 · management and general $31,640 · fundraising $0

  • 24c · Other expenses: STAFF TRAINING/TEMP HELP

    total $14,948 · program services $0 · management and general $14,948 · fundraising $0

  • 24d · Other expenses: BENEVOLENCE EXPENSE

    total $12,390 · program services $0 · management and general $12,390 · fundraising $0

  • 24e · All other expenses

    total $233,099 · program services $0 · management and general $233,099 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $221,288 · end of year $106,907

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

    $4,211,082

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

    $503,391

  • 10c · Land, buildings and equipment, net

    beginning of year $3,765,580 · end of year $3,707,691

  • 11 · Investments: publicly traded securities

    end of year $132,804

  • 15 · Other assets

    beginning of year $153,372 · end of year $164,907

  • 17 · Accounts payable and accrued expenses

    beginning of year $10,839 · end of year $14,481

  • 23 · Secured mortgages and notes payable

    beginning of year $1,333,999 · end of year $1,197,861

  • 24 · Unsecured notes and loans payable

    beginning of year $15,562 · end of year $8,690

  • 29 · Capital stock, trust principal or current funds

    end of year -$51,207

  • 31 · Retained earnings, endowment or other funds

    beginning of year $2,779,840 · end of year $2,942,484

Mission and programs · 2023

Mission

NON-DENOMINATIONAL CHURCH WITH THE MISSION OF IMPACTING THE CITY OF RALEIGH, DURHAM AND THE TRIANGLE REGION OF NORTH CAROLINA WITH THE GOSPEL OF JESUS CHRIST, RAISING UP LEADERS AND MINISTERING TO THE POOR OF OUR CITY.

  • THE CHURCH GIVES TO MISSIONS BOTH FOREIGN AND DOMESTIC WHEN NEEDED TO FURTHER THE MINISTRY AND SPREAD THE GOSPEL.

    Expenses $198,576

As filed on the 2023 return.

Listed in Part VII

  • Duncan Smith

    PRESIDENT

    Total calculated
    $22,929
    From this org
    $22,929
    From related orgs
    $0
    Other
    $0
    Hours/week
    10
  • Jonathan Mlinarcik

    TREASURER

    Total calculated
    $0
    Hours/week
    2
  • Michael Fulton

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.5
  • Jon Bunn

    MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Aaron Ninaber

    VICE PRESIDENT

    Total calculated
    $37,619
    From this org
    $37,619
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Tabitha Cooke

    MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Ericka James

    MEMBER

    Total calculated
    $0
    Hours/week
    0.5
  • Esperanza Harper

    MEMBER

    Total calculated
    $0
    Hours/week
    0.5

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

Provenance

Return type
form_990
Tax year
2023
Filed
14 May 2024
IRS schema version
2023v5.1
Source object
202433199349305793

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