Civic Intelligence

Source Ministries Inc

990EZ • Fiscal year 2022 • EIN 82-1861780

Jan 01, 2022 to Dec 31, 2022 • Filed on May 02, 2023

247 Academy DrRogersville, MO 65742

(000) 000-0000

Siviq Scores

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

Liabilities / Assets

79th percentile

0.09x

Higher debt load relative to assets than 79% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

67th percentile

0.01x

Higher debt load relative to revenue than 67% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

19th percentile

-20%

Higher net margin than 19% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

86th percentile

$25,000

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 26.2% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

8th percentile

-60%

Faster asset growth than 8% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

68th percentile

37%

Faster revenue growth than 68% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$12,250

Down $18,291 (-60%) from 2021

Net Assets

Down

$11,176

Down $18,675 (-63%) from 2021

Liabilities

Up

$1,074

Up $384 (+56%) from 2021

Revenue

Up

$95,573

Up $25,971 (+37%) from 2021

Expenses

Up

$114,249

Up $61,981 (+119%) from 2021

Net Income

Down

-$18,676

Down $36,010 (-208%) from 2021

Historical Trend

Balance Sheet Trend

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

$40K$30K$20K$10K$0Assets 2021: $30,541Liabilities 2021: $690Net Assets 2021: $29,8512021Assets 2022: $12,250Liabilities 2022: $1,074Net Assets 2022: $11,1762022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023

Highlighted filing

2022

Assets$12,250
Liabilities$1,074
Net Assets$11,176

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2021: $69,602Expenses 2021: $52,268Net Income 2021: $17,3342021Revenue 2022: $95,573Expenses 2022: $114,249Net Income 2022: -$18,6762022Revenue 2023: $86,850Expenses 2023: $98,026Net Income 2023: -$11,1762023

Highlighted filing

2022

Revenue$95,573
Expenses$114,249
Net Income-$18,676
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 2, 2023
Return Version
2022v5.0
Gross Receipts
$95,573
Mission and Program Overview

Mission

We partner with individuals, businesses and churches to meet the financial, spiritual and emotional needs of those God places in our pathway and honor those who serve in our community.

We partner with individuals businesses and churches to help meet the financial spiritual and emotional needs of those God places in our pathway and also honor those who serve in our community

Program Services

DescriptionGrantsExpenses
Supported other ministries in their efforts to provide food clothing to those in need We helped a church in India to expand its building to house attendees and feed the hungry that attend there Weve probably helped approximately 150-200 people though its difficult to estimate$30,365-
Provided assistance to those who dont qualify for aid from other organizations needed help to cover monthly expenses including utilities rent food clothes and unplanned expenses including repairs to vehicles homes appliances health crises etc Helped approximately 100 people$26,657-
Weve honored those who serve in our community as well as those who have gone over above or those who have been through a time of great challenge with gift cards snacks drinks etc Weve probably helped 75-100 people$5,575$649
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Keith ClouseDirectorPT$25,000-$25,000
David ClousePresidentPT$0--
Sandra ClouseTreasurer-$0--
Lindsey ClouseSecretary-$0--
Rick RobisonTrustee-$0--
Tom YoungTrustee-$0--
Filing and Contact Details

Filer

Filer Name
Source Ministries Inc
EIN
82-1861780
Phone
0000000000
Address
247 ACADEMY DR, ROGERSVILLE, MO 65742

Signing Officer

Name
Sandra Clouse
Title
Treasurer
Phone
0000000000
Signed
2023-05-02
Supplemental Narrative

Additional Explanations

Schedule O:

Form 990-EZ, Part I, Line 8 - Office Rental Income 1500, MO WIthholding Compensation Deduction 4 Form 990-EZ, Part I, Line 10 - Assistance to Individuals in Need Form 990-EZ, Part I, Line 16 - Bank Service Charges, Event Expenses, Vehicle Expenses, Meals Form 990-EZ, Part I, Line 20 - $1 Difference due to Rounding Form 990-EZ, Part II, Line 26 - Payroll Liabilities Form 990-EZ, Part IV - We are working to add additional Trustees.

Raw XML Appendix192 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/ExplanationTxt0Form 990-EZ, Part I, Line 8 - Office Rental Income 1500, MO WIthholding Compensation Deduction 4 Form 990-EZ, Part I, Line 10 - Assistance to Individuals in Need Form 990-EZ, Part I, Line 16 - Bank Service Charges, Event Expenses, Vehicle Expenses, Meals Form 990-EZ, Part I, Line 20 - $1 Difference due to Rounding Form 990-EZ, Part II, Line 26 - Payroll Liabilities Form 990-EZ, Part IV - We are working to add additional Trustees.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule O:
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Sandra Clouse
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum00000000000
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SOURCE MINISTRIES INC
ReturnHeader/Filer/BusinessNameControlTxt0SOUR
ReturnHeader/Filer/EIN0821861780
ReturnHeader/Filer/PhoneNum00000000000
ReturnHeader/Filer/USAddress/AddressLine1Txt0247 ACADEMY DR
ReturnHeader/Filer/USAddress/CityNm0ROGERSVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MO
ReturnHeader/Filer/USAddress/ZIPCd065742
ReturnHeader/ReturnTs02023-05-02T21:30:04Z
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Sandra
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Clouse
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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