Civic Intelligence

Polish Ministries Inc

990 • Fiscal year 2017 • EIN 26-3706805

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 15, 2018

PO Box 38112Dallas, TX 75238

(214) 693-7540

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

71st percentile

0.04x

Higher debt load relative to assets than 71% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

68th percentile

0.02x

Higher debt load relative to revenue than 68% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

34th percentile

-2.8%

Higher net margin than 34% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

91st percentile

$47,211

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 27.4% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

71st percentile

20%

Faster asset growth than 71% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

70th percentile

18%

Faster revenue growth than 70% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$83,221

Up $13,619 (+20%) from 2016

Net Assets

Up

$80,090

Up $11,339 (+16%) from 2016

Liabilities

Up

$3,131

Up $2,280 (+268%) from 2016

Revenue

Up

$172,514

Up $26,142 (+18%) from 2016

Expenses

Up

$177,297

Up $50,074 (+39%) from 2016

Net Income

Down

-$4,783

Down $23,932 (-125%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$100K$50K$0Assets 2015: $51,222Liabilities 2015: $1,620Net Assets 2015: $49,6022015Assets 2016: $69,602Liabilities 2016: $851Net Assets 2016: $68,7512016Assets 2017: $83,221Liabilities 2017: $3,131Net Assets 2017: $80,0902017Assets 2018: $68,577Liabilities 2018: $1,689Net Assets 2018: $66,8882018Assets 2020: $89,363Liabilities 2020: $24,353Net Assets 2020: $65,0102020Assets 2021: $47,610Liabilities 2021: $2,516Net Assets 2021: $45,0942021Assets 2022: $38,115Liabilities 2022: $2,215Net Assets 2022: $35,9002022Assets 2023: $45,448Liabilities 2023: $8,880Net Assets 2023: $36,5682023Assets 2024: $20,569Liabilities 2024: $7,489Net Assets 2024: $13,0802024Assets 2025: $0Liabilities 2025: $0Net Assets 2025: $02025

Highlighted filing

2017

Assets$83,221
Liabilities$3,131
Net Assets$80,090

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$300K$200K$100K$0-$100KRevenue 2015: $101,500Expenses 2015: $76,601Net Income 2015: $24,8992015Revenue 2016: $146,372Expenses 2016: $127,223Net Income 2016: $19,1492016Revenue 2017: $172,514Expenses 2017: $177,297Net Income 2017: -$4,7832017Revenue 2018: $167,556Expenses 2018: $180,758Net Income 2018: -$13,2022018Revenue 2020: $185,040Expenses 2020: $204,230Net Income 2020: -$19,1902020Revenue 2021: $299,371Expenses 2021: $319,287Net Income 2021: -$19,9162021Revenue 2022: $217,331Expenses 2022: $226,525Net Income 2022: -$9,1942022Revenue 2023: $316,634Expenses 2023: $315,966Net Income 2023: $6682023Revenue 2024: $309,280Expenses 2024: $332,768Net Income 2024: -$23,4882024Revenue 2025: $0Expenses 2025: $13,080Net Income 2025: -$13,0802025

Highlighted filing

2017

Revenue$172,514
Expenses$177,297
Net Income-$4,783
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 15, 2018
Return Version
2017v2.3
Gross Receipts
$219,828
Mission and Program Overview

Mission

Polish ministries exists to help young professional women connect the truth of god's word to everyday life so that they glorify christ and navigate culture well.

Help professional women connect the truth of god's word to everyday life

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$68,533$82,152▲ $13,619
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$69,602$83,221▲ $13,619
Other Assets Total$1,069$1,069→ $0
Liabilities
Accounts Payable and Accrued Expenses$851$3,131▲ $2,280
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$851$3,131▲ $2,280
Net Assets / Fund Balance
Unrestricted Net Assets$68,751$80,090▲ $11,339
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$68,751$80,090▲ $11,339
Total Liabilities and Net Assets / Fund Balance$69,602$83,221▲ $13,619
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Katherine ArmstrongExecutive DirectorFT$47,211$47,211

Board Members and Trustees

NameTitle
Lisa HuntsberryChairman of Board
Sue FishDevelopment Director
Melissa wickhamEvents Director
Jana LongExpansion Director
Dawn StephensSecretary,gov&ldrship dev Director
Glenn KreiderTheology Director
Sheryl SmithTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$138,914
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$33,600
All Other Contributions
$101,845
Change in Net Assets
$-4,783
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$90,628
Salaries, Compensation, and Employee Benefits$86,669
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees-$47,211-$47,211
Other Salaries and Wages-$33,303-$33,303
Fees for Services Accounting-$10,913-$10,913
Advertising-$7,376-$7,376
Payroll Taxes-$6,155-$6,155
Information Technology-$5,014-$5,014
Office Expenses-$4,025-$4,025
All Other Expenses-$3,856-$3,856
Conferences and Meetings-$2,772-$2,772
Travel-$1,703-$1,703
Other Expenses$3,230$1,673-$1,673
Occupancy-$470-$470
Total Functional Expenses$45,899$131,398$0$177,297
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$47,314
Fundraising Gross Income$31,787
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Donor Dinner$53,163$16,094$12,274$3,820
Fashion Show$9,513$9,513$803$8,710
Total Events$68,856$31,787$47,314$-15,527
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Sheryl SmithTreasurer, directormonthly accounting serviceNo$8,000

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Polish Ministries Inc
EIN
26-3706805
In Care Of
% SHERYL SMITH
Phone
2146937540
Address
PO BOX 38112, DALLAS, TX 75238

Signing Officer

Name
Katherine Armstrong
Title
Executive Director
Phone
2146937540
Signed
2018-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Katherine Armstrong
Formed
2008
Legal Domicile
TX
Voting Board Members
8
Independent Board Members
7
Employees
3
Volunteers
300

Preparer

Firm
Bruce E Bernstien & Associates
Address
10440 N CENTRAL EXPRESSWAY STE 1040, DALLAS, TX 75231
Preparer
Bruce E Bernstien
Phone
2147060840
Supplemental Narrative

Additional Explanations

Review Process

FORM 990, PART VI, LINE 11B The complete 990 is presented to the board via email for review.

Comprensation Determination Method

FORM 990, PART VI, LINE 15A & 15B Non profit Salary data was used. compensation and hiring is voted on by the Board of directors.

Available of Governing Documents, Conflict of Interest Policy, Etc.

FORM 990, PART VI ,LINE 19 the organization's governing documents, and financial statements are available to the public upon request.

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IRS990/OtherRevenueTotalAmt049127
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt033303
IRS990/OtherSalariesAndWagesGrp/TotalAmt033303
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt06155
IRS990/PayrollTaxesGrp/TotalAmt06155
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt00
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliciesReferenceChaptersInd0true
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0KATHERINE ARMSTRONG
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0100317
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt074496
IRS990/PYOtherRevenueAmt046055
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt019149
IRS990/PYSalariesCompEmpBnftPaidAmt052727
IRS990/PYTotalExpensesAmt0127223
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0146372
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-4783
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt046762
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0138914
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0100317
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt071698
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt039599
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt037728
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0388256
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0111514
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.86504
IRS990ScheduleA/PublicSupportPY170Pct00.87482
IRS990ScheduleA/PublicSupportTotal170Amt0335855
IRS990ScheduleA/SubstantialContributorsTotAmt052401
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0138914
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0100317
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt071698
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt039599
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt037728
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0388256
IRS990ScheduleA/TotalSupportAmt0388256
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt037069
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt037069
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt047314
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0DONOR DINNER
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0FASHION SHOW
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt08572
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt0127
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageOtherEventsAmt0715
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt09414
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt053163
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt09513
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt06180
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt068856
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt016094
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt09513
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt06180
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt031787
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-15527
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt021669
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt021669
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt02154
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt015231
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt012274
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt0803
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt04
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt01000
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt01000
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0Sheryl Smith
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0Treasurer, director
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt08000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0monthly accounting service
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0769
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0salary advances
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0769
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0katherine armstrong
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0executive director
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0false
IRS990ScheduleL/TotalBalanceDueAmt0769
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990, PART VI, LINE 11B The complete 990 is presented to the board via email for review.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990, PART VI, LINE 15A & 15B Non profit Salary data was used. compensation and hiring is voted on by the Board of directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990, PART VI ,LINE 19 the organization's governing documents, and financial statements are available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0REVIEW PROCESS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1COMPRENSATION DETERMINATION METHOD
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2AVAILABLE OF GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, ETC.
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false

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