Civic Intelligence

Ancient Work Ministries Inc.

990EZ • Fiscal year 2023 • EIN 45-4578236

Jan 01, 2023 to Dec 31, 2023 • Filed on Mar 17, 2024

1063 Knoxmiller CtWeatherford, TX 76088

(817) 938-0490

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.15x

Higher debt load relative to assets than 82% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

95th percentile

0.88x

Higher debt load relative to revenue than 95% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

3rd percentile

-400%

Higher net margin than 3% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

13th percentile

-42%

Faster asset growth than 13% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

6th percentile

-73%

Faster revenue growth than 6% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$184,035

Down $132,524 (-42%) from 2022

Net Assets

Down

$157,274

Down $121,314 (-44%) from 2022

Liabilities

Down

$26,761

Down $11,210 (-30%) from 2022

Revenue

Down

$30,294

Down $81,539 (-73%) from 2022

Expenses

Down

$151,608

Down $32,295 (-18%) from 2022

Net Income

Down

-$121,314

Down $49,244 (-68%) from 2022

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2012: $0Liabilities 2012: $02012Assets 2013: $1,661Liabilities 2013: $02013Assets 2014: $2,062Liabilities 2014: $02014Assets 2015: $57,058Liabilities 2015: $02015Assets 2016: $237Liabilities 2016: $02016Assets 2017: $1Liabilities 2017: $02017Assets 2018: $322,066Liabilities 2018: $7,473Net Assets 2018: $314,5932018Assets 2019: $305,269Liabilities 2019: $8,266Net Assets 2019: $297,0032019Assets 2020: $302,301Liabilities 2020: $21,416Net Assets 2020: $280,8852020Assets 2021: $359,874Liabilities 2021: $9,216Net Assets 2021: $350,6582021Assets 2022: $316,559Liabilities 2022: $37,971Net Assets 2022: $278,5882022Assets 2023: $184,035Liabilities 2023: $26,761Net Assets 2023: $157,2742023Assets 2024: $57,072Liabilities 2024: $181Net Assets 2024: $56,8912024

Highlighted filing

2023

Assets$184,035
Liabilities$26,761
Net Assets$157,274

Operations Trend

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

$400K$200K$0-$200KRevenue 2012: $16,343Expenses 2012: $16,343Net Income 2012: $02012Revenue 2013: $70,070Expenses 2013: $68,409Net Income 2013: $1,6612013Revenue 2014: $83,509Expenses 2014: $83,108Net Income 2014: $4012014Revenue 2015: $98,565Expenses 2015: $43,569Net Income 2015: $54,9962015Revenue 2016: $5,000Expenses 2016: $61,821Net Income 2016: -$56,8212016Revenue 2017: $42,713Expenses 2017: $42,950Net Income 2017: -$2372017Revenue 2018: $321,470Expenses 2018: $6,877Net Income 2018: $314,5932018Revenue 2019: $75,999Expenses 2019: $93,589Net Income 2019: -$17,5902019Revenue 2020: $53,744Expenses 2020: $69,862Net Income 2020: -$16,1182020Revenue 2021: $142,200Expenses 2021: $72,427Net Income 2021: $69,7732021Revenue 2022: $111,833Expenses 2022: $183,903Net Income 2022: -$72,0702022Revenue 2023: $30,294Expenses 2023: $151,608Net Income 2023: -$121,3142023Revenue 2024: $25,289Expenses 2024: $125,672Net Income 2024: -$100,3832024

Highlighted filing

2023

Revenue$30,294
Expenses$151,608
Net Income-$121,314
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Mar 17, 2024
Return Version
2023v5.0
Gross Receipts
$30,294
Mission and Program Overview

Mission

To utilize all resources available to it to (1) provide financial and ministry support to local churches and ministries who proclaim the Good News of Jesus Christ to the communities they are located in, and serve, (2) to provide benevolence support to qualifying individuals in the North Texas area affected by temporary financial hardship, to provide families a bridge to renewed self sufficiency and (3) to explore and expand into additional ministry opportunities that are presented to Ancient Work Ministries.

Program Services

DescriptionGrantsExpenses
Provide benevolence suspport to qualifying individuals in the North Texas area affected by temporary financial hardship, to provide families a bridge to renewed self-sufficiency.$0$65,256
Provide financial and ministry support to local churches and ministries who proclaim the Good News of Jesus Christ to the communities they are located in, and serve.$0$56,325
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Becky CrumDirector-$0--
Howard JonesDirector-$0--
Ruth W CaseyDirector & PresidentPT$0--
J Rick CaseyExecutive DirectorPT$0--
Matthew R CaseyVice President-$0--
Filing and Contact Details

Filer

Filer Name
Ancient Work Ministries Inc
EIN
45-4578236
Phone
8179380490
Address
1063 Knoxmiller Ct, Weatherford, TX 76088

Signing Officer

Name
Rick Casey
Title
Executive Director
Phone
8179380490
Signed
2024-03-17
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

Description;Amount^Direct ministry programs and support;49440|Scholarships awarded;6885|Local benevolence;65256^Total;121581^

Form 990-EZ, Part II, Line 24

Description;EOY Amount^Furniture equipment and vehicles net;54458^Total;54458^

Form 990-EZ, Part II, Line 26

Description;EOY Amount^Accounts payable;1761|Short term notes payable;25000^Total;26761^

Raw XML Appendix200 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/PrimaryExemptPurposeTxt0To utilize all resources available to it to (1) provide financial and ministry support to local churches and ministries who proclaim the Good News of Jesus Christ to the communities they are located in, and serve, (2) to provide benevolence support to qualifying individuals in the North Texas area affected by temporary financial hardship, to provide families a bridge to renewed self sufficiency and (3) to explore and expand into additional ministry opportunities that are presented to Ancient Work Ministries.
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IRS990ScheduleA/FactsAndCircumstancesTestTxt0Ancient Work Ministries, Inc. ("AWM") realized a public support percentage of 17.78% for the five year period from 2016 through 2020. For several years, AWM's directors and officers had been taking steps to improve the diversity of the organization's donor base. These include (1) adding new board members, to give AWM new avenues and networks from which to add "first time" donors and (2) updating our website to include links on each page, allowing the public to provide funding for our various ministry focus areas. For the five year period from 2019 through 2023, these steps resulted in an increase in AWM's public support percentage to 28.20%, an increase of 58% over the earlier period noted. AWM, and it's officers and directors, remain committed to supporting local benevolence in the North Texas area, continuing to support its current U.S. and international ministry partners, and continuing to seek new ways to positively impact new ministry partners. All of these efforts are consistent with the scriptural Mission Statements upon which AWM was founded: "The Great Commission" found in Matthew 18:18-20 and "The Messengers" found in Romans 10:13-15.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description;Amount^Direct ministry programs and support;49440|Scholarships awarded;6885|Local benevolence;65256^Total;121581^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description;EOY Amount^Furniture equipment and vehicles net;54458^Total;54458^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description;EOY Amount^Accounts payable;1761|Short term notes payable;25000^Total;26761^
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part II, Line 26
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Rick Casey
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/PhoneNum08179380490
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-03-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ANCIENT WORK MINISTRIES INC
ReturnHeader/Filer/BusinessNameControlTxt0ANCI
ReturnHeader/Filer/EIN0454578236
ReturnHeader/Filer/PhoneNum08179380490
ReturnHeader/Filer/USAddress/AddressLine1Txt01063 Knoxmiller Ct
ReturnHeader/Filer/USAddress/CityNm0Weatherford
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd076088
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/ReturnTs02024-03-17T20:18:27-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Rick
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Casey
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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