Civic Intelligence

Ancient Path Ministries

990 • Fiscal year 2021 • EIN 81-0816000

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 11, 2022

10889 Lake Thames DrCincinnati, OH 45242-3104

(419) 944-9238

Siviq Scores

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

Liabilities / Assets

68th percentile

0.02x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

64th percentile

0.01x

Higher debt load relative to revenue than 64% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

65th percentile

21%

Higher net margin than 65% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

92nd percentile

$47,655

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 20.0% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

89th percentile

101%

Faster asset growth than 89% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

76th percentile

52%

Faster revenue growth than 76% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$99,472

Up $49,927 (+101%) from 2020

Net Assets

Up

$97,193

Up $49,019 (+102%) from 2020

Liabilities

Up

$2,279

Up $908 (+66%) from 2020

Revenue

Up

$238,049

Up $81,070 (+52%) from 2020

Expenses

Up

$189,030

Up $21,880 (+13%) from 2020

Net Income

Up

$49,019

Up $59,190 (+582%) from 2020

Historical Trend

Balance Sheet Trend

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

$100K$50K$0Assets 2016: $3,269Liabilities 2016: $02016Assets 2017: $21,534Liabilities 2017: $02017Assets 2018: $89,936Liabilities 2018: $2,064Net Assets 2018: $87,8722018Assets 2019: $61,763Liabilities 2019: $1,352Net Assets 2019: $60,4112019Assets 2020: $49,545Liabilities 2020: $1,371Net Assets 2020: $48,1742020Assets 2021: $99,472Liabilities 2021: $2,279Net Assets 2021: $97,1932021Assets 2022: $46,658Liabilities 2022: $883Net Assets 2022: $45,7752022Assets 2023: $67,843Liabilities 2023: $8,916Net Assets 2023: $58,9272023

Highlighted filing

2021

Assets$99,472
Liabilities$2,279
Net Assets$97,193

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2016: $14,289Expenses 2016: $11,020Net Income 2016: $3,2692016Revenue 2017: $93,445Expenses 2017: $75,180Net Income 2017: $18,2652017Revenue 2018: $223,011Expenses 2018: $155,608Net Income 2018: $67,4032018Revenue 2019: $278,248Expenses 2019: $305,709Net Income 2019: -$27,4612019Revenue 2020: $156,979Expenses 2020: $167,150Net Income 2020: -$10,1712020Revenue 2021: $238,049Expenses 2021: $189,030Net Income 2021: $49,0192021Revenue 2022: $279,046Expenses 2022: $330,464Net Income 2022: -$51,4182022Revenue 2023: $410,815Expenses 2023: $397,663Net Income 2023: $13,1522023

Highlighted filing

2021

Revenue$238,049
Expenses$189,030
Net Income$49,019
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 11, 2022
Return Version
2021v4.0
Gross Receipts
$238,049
Mission and Program Overview

Mission

They will be called Oaks of Righteousness a planting of the Lord for the display of His splendor- Isaiah 61:3. APM is a church planting connectional ministry. The Kingdom prophecy of Isaiah inspires our mission and vision. Our work is to plant nurture and grow and expanding network of churches missions and connect them with ministry partners. Growing "oaks" in new places with deeper roots is our singular focus.

Ancient Path Ministries supports planting and nurturing of Christian churches and mission and works to connect them to supporting partnerships with individuals churches and para-church organizations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$49,545$99,472▲ $49,927
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$49,545$99,472▲ $49,927
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$1,371$2,279▲ $908
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$1,371$2,279▲ $908
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$48,174$97,193▲ $49,019
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$48,174$97,193▲ $49,019
Total Liabilities and Net Assets / Fund Balance$49,545$99,472▲ $49,927
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Kevin JobeCOO Managing DirectorFT$47,655$47,655

Board Members and Trustees

NameTitle
Cheryl WahlstromAdvisory Board Member
Jennifer KaufmanAdvisory Board Member
Kyle KaufmanAdvisory Board Member
Laura WaldenAdvisory Board Member
Linda WallaceAdvisory Board Member
Paul Bradley WaldenAdvisory Board Member
Vicki SheaferAdvisory Board Member
Tonya JobeManaging Director
Jose Santiago Vergara-
Yamile Cruz DelgadoPartner Pastor
Revenue and Support

Revenue Composition

Contributions and Grants
$227,549
Program Service Revenue
$10,500
Investment Income
$0
Other Revenue
$0
All Other Contributions
$227,408
Change in Net Assets
$49,019
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$102,099
Salaries, Compensation, and Employee Benefits$74,334
Other Expenses$12,597
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$102,099--$102,099
Current Officers, Directors, Trustees, and Key Employees$45,400$0$0$45,400
Other Employee Benefits$23,758$0$0$23,758
Travel$7,609$0$0$7,609
Payroll Taxes$5,176$0$0$5,176
Office Expenses$0$2,505$0$2,505
Information Technology$0$2,483$0$2,483
Total Functional Expenses$184,042$4,988$0$189,030
International Activity

International Summary

Offices
0
Employees
0
Spending
$109,941

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Central America and the CaribbeanProgram servicesLSA Network Transport00$57,078
Central America and the CaribbeanProgram servicesLSA Network Facility00$40,159
Central America and the CaribbeanProgram servicesShort Term Missions00$7,609
Central America and the CaribbeanProgram servicesOutreach Ministry00$2,271
Central America and the CaribbeanProgram servicesBase Ministry Support00$2,270
Central America and the CaribbeanProgram servicesWorship Ministry00$449
Central America and the CaribbeanProgram servicesFellowship Ministry00$105
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

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
Yes
Annual disclosure for covered persons
No
Audit committee
No
Business relationship with 35% controlled entity
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI, Line 2

Paul Bradley Walden to Laura Walden- married. Kyle Kaufman to Jennifer Kaufman-married. Kevin Jobe to Tonya Jobe-married. Jose Santiago Vergara to Yamile Cruz Delgado-married. Vicki Sheafer to Kevin & Tonya Jobe- family relationship.

Part VI, Line 11B

Form reviewed by members of Advisory Board and an independent accountant. Approved form submitted to IRS.

Part VI, Line 19

Governing and financial documents here- https: ancientpathministries.org financial-documents https: guidestar.org profile 81-0816000

Part VII, Line 1A- 11

| Explanation:| Pastor Jose Santiago Vergara passed away from COVID-19 on Saturday April 3 2021

Filing and Contact Details

Filer

Filer Name
Ancient Path Ministries
EIN
81-0816000
In Care Of
% Kevin Jobe
Phone
4199449238
Address
10889 LAKE THAMES DR, CINCINNATI, OH 45242-3104

Signing Officer

Name
Kevin P Jobe
Title
COO Managing Director
Signed
2022-11-11
Discuss with paid preparer
No

Organization Details

Formed
2015
Legal Domicile
Oh
Voting Board Members
11
Independent Board Members
10
Employees
1
Volunteers
50
Supplemental Narrative

Additional Explanations

Part III, Line 4D

| Description:, Expense Amount:, Grants Amount:, Revenue Amount:| Other Program Expense Revenue=Mission Fees for 2022 Trips. Grants to La Senda fellowship worship outreach $3793 Mission Travel 2021 22 Expense $7608, $11401, $3793, $10500|

Part X, Line Line 17 Column B

| Explanation:| $530 accrued payroll tax to be paid Jan 2022 $1749 2021 credit card charges to be paid in 2022.

Part XII, Line 2A-2C

| Explanation:| Annual budget does not meet threshold for a full audit. Record review is quite simple. APM maintains a single checking account and a single credit card account.

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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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IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt00
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt00
IRS990/GrossReceiptsAmt0238049
IRS990/GrossRentsGrp/PersonalAmt00
IRS990/GrossRentsGrp/RealAmt00
IRS990/GrossSalesOfInventoryAmt00
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/ExclusionAmt00
IRS990/IncmFromInvestBondProceedsGrp/RelatedOrExemptFuncIncomeAmt00
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IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt00
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt02483
IRS990/InformationTechnologyGrp/ProgramServicesAmt00
IRS990/InformationTechnologyGrp/TotalAmt02483
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt00
IRS990/InsuranceGrp/ProgramServicesAmt00
IRS990/InsuranceGrp/TotalAmt00
IRS990/IntangibleAssetsGrp/BOYAmt00
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IRS990/InterestGrp/FundraisingAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt00
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IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentExpenseAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt00
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IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
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IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
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IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
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IRS990/LandBldgEquipCostOrOtherBssAmt00
IRS990/LegalDomicileStateCd0OH
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt00
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IRS990/LessRentalExpensesGrp/PersonalAmt00
IRS990/LessRentalExpensesGrp/RealAmt00
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IRS990/LocalChaptersInd0false
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IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
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IRS990/MissionDesc0They will be called Oaks of Righteousness a planting of the Lord for the display of His splendor- Isaiah 61:3. APM is a church planting connectional ministry. The Kingdom prophecy of Isaiah inspires our mission and vision. Our work is to plant nurture and grow and expanding network of churches missions and connect them with ministry partners. Growing "oaks" in new places with deeper roots is our singular focus.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0true
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IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt00
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IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt048174
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt097193
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt00
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IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02505
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IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
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IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt023758
IRS990/OtherEmployeeBenefitsGrp/TotalAmt023758
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IRS990/OtherExpensesGrp/TotalAmt20
IRS990/OtherExpensesGrp/TotalAmt30
IRS990/OtherLiabilitiesGrp/BOYAmt00
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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt20
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt00
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt10
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt20
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00

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