Civic Intelligence

Micronesia Outreach Ministries Inc

EIN 56-1666315 • 501(c)3 • Winston Salem, NC

Profile

Our mission is to share the Christian Gospel with the people of Palau and Yap and to train the people we reach to impact their Island nation and the Asia Pacific Rim with the news of God's love and forgiveness.

1290 Abingdon WayWinston Salem, NC 27106
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

82nd percentile

0.09x

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

NTEE X20 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

85th percentile

0.05x

Higher debt load relative to revenue than 85% of similar nonprofits.

NTEE X20 • <$500k nonprofits • Source year 2022

Net Margin

84th percentile

50%

Higher net margin than 84% of similar nonprofits.

NTEE X20 • <$500k nonprofits • Source year 2022

Top Officer Pay

91st percentile

$34,620

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 17.8% of source-year revenue.

NTEE X20 • <$500k nonprofits • Source year 2022

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2022

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2022

Balance Sheet
Liabilities / Assets82nd percentile

Assets

$109,619

No earlier filing loaded for comparison.

Liabilities

$9,392

No earlier filing loaded for comparison.

Net Assets

$100,227

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue85th percentileNet Margin84th percentile

Revenue

$195,035

No earlier filing loaded for comparison.

Expenses

$97,288

No earlier filing loaded for comparison.

Net Income

$97,747

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0Assets 2022: $109,619Liabilities 2022: $9,392Net Assets 2022: $100,2272022

Highlighted filing

2022

Assets$109,619
Liabilities$9,392
Net Assets$100,227
Open 2022 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$150K$100K$50K$0Revenue 2022: $195,035Expenses 2022: $97,288Net Income 2022: $97,7472022

Highlighted filing

2022

Revenue$195,035
Expenses$97,288
Net Income$97,747
Open 2022 Filing

Filings

Most recent year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$109,619
Liabilities
$9,392
Net assets
$100,227
Revenue
$195,035
Expenses
$97,288
Net income
$97,747
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$1.10$0.09$1.00$1.95$0.97$0.98
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Oct 30, 2023
Return Version
2022v5.0
Gross Receipts
$199,035
Mission and Program Overview

Mission

Our mission is to share the Christian Gospel with the people of Palau and Yap and to train the people we reach to impact their Island nation and the Asia Pacific Rim with the news of God's love and forgiveness.

Program Services

DescriptionGrantsExpenses
Showed the Palauan 2 Jesus Movie to over 1,000 people.$0$1,250
Followup of over 1,000 people in how to grow in their faith.$0$1,250
Printing and distribution of 640 newsletters to our ministry partners.$0$754
Compensation and Service Providers
Top Officer Pay91st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ernie LaddExecutive DirectorPT$24,900$9,720$34,620
Annette LaddSecretaryPT$0--
Dr Tim BurgissVice President-$0--
Ron SmithTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Micronesia Outreach Ministries Inc
EIN
56-1666315
In Care Of
% Ernest F Ladd
Address
1290 Abingdon Way, Winston Salem, NC 27106

Signing Officer

Name
Ernest F Ladd
Title
President
Signed
2023-10-30
Discuss with paid preparer
No
Supplemental Narrative

Additional Explanations

Part I, line 16

“| Other Expenses:, Amount:| Supporter Gifts, $1476.00| Meals and Entertainment, $850.00| Laptop Purchase, $5128.00| Automobile Purchase, $5000.00| Miscellaneous Ministry Expenses, $49256.00|”

Part II, line 24

“| Asset Name:, BOY Amount:, EOY Amount:| Inventory, $150, $14100|”

Part II, line 26

“| Liabilities Name:, BOY Amount:, EOY Amount:| Mortgages or other loans payable, 0, $9392|”

Raw XML Appendix227 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Other Expenses:, Amount:| Supporter Gifts, $1476.00| Meals and Entertainment, $850.00| Laptop Purchase, $5128.00| Automobile Purchase, $5000.00| Miscellaneous Ministry Expenses, $49256.00|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1| Asset Name:, BOY Amount:, EOY Amount:| Inventory, $150, $14100|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2| Liabilities Name:, BOY Amount:, EOY Amount:| Mortgages or other loans payable, 0, $9392|
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, line 16
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part II, line 26
ReasonableCauseExplanation/ExplanationTxt0I was in the hospital for unexpected gallbladder surgery. Also I am disabled so it takes me longer to complete complex tasks.
ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
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ReturnHeader/Filer/BusinessNameControlTxt0MICR
ReturnHeader/Filer/EIN0561666315
ReturnHeader/Filer/ForeignPhoneNum03367657555
ReturnHeader/Filer/InCareOfNm0% Ernest F Ladd
ReturnHeader/Filer/USAddress/AddressLine1Txt01290 Abingdon Way
ReturnHeader/Filer/USAddress/CityNm0Winston Salem
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027106
ReturnHeader/ReturnTs02023-10-30T08:58:28-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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