Civic Intelligence

Solid Rock Ministries Inc.

990 • Fiscal year 2020 • EIN 92-0056492

Sep 01, 2019 to Aug 31, 2020 • Filed on Dec 17, 2021

36251 SOLID ROCK ROAD Unit 1Soldotna, AK 99669

(907) 262-4741

Siviq Scores

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

Liabilities / Assets

50th percentile

0.10x

Higher debt load relative to assets than 50% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

50th percentile

0.14x

Higher debt load relative to revenue than 50% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

27th percentile

-5.8%

Higher net margin than 27% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2020

Asset Growth

39th percentile

1.9%

Faster asset growth than 39% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

21st percentile

-22%

Faster revenue growth than 21% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$1,016,785

Up $19,100 (+1.9%) from 2019

Net Assets

Down

$911,626

Down $43,137 (-4.5%) from 2019

Liabilities

Up

$105,159

Up $62,237 (+145%) from 2019

Revenue

Down

$745,154

Down $208,264 (-22%) from 2019

Expenses

Down

$788,291

Down $113,651 (-13%) from 2019

Net Income

Down

-$43,137

Down $94,613 (-184%) from 2019

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $826,119Liabilities 2011: $27,416Net Assets 2011: $798,7032011Assets 2012: $895,608Liabilities 2012: $17,571Net Assets 2012: $878,0372012Assets 2013: $852,338Liabilities 2013: $24,539Net Assets 2013: $827,7992013Assets 2014: $804,525Liabilities 2014: $14,295Net Assets 2014: $790,2302014Assets 2015: $850,128Liabilities 2015: $27,718Net Assets 2015: $822,4102015Assets 2016: $890,482Liabilities 2016: $15,922Net Assets 2016: $874,5602016Assets 2017: $983,419Liabilities 2017: $94,882Net Assets 2017: $888,5372017Assets 2018: $954,313Liabilities 2018: $51,026Net Assets 2018: $903,2872018Assets 2019: $997,685Liabilities 2019: $42,922Net Assets 2019: $954,7632019Assets 2020: $1,016,785Liabilities 2020: $105,159Net Assets 2020: $911,6262020Assets 2021: $1,160,988Liabilities 2021: $125,875Net Assets 2021: $1,035,1132021Assets 2022: $1,206,643Liabilities 2022: $28,815Net Assets 2022: $1,177,8282022Assets 2023: $1,205,148Liabilities 2023: $40,659Net Assets 2023: $1,164,4892023Assets 2024: $1,244,116Liabilities 2024: $35,574Net Assets 2024: $1,208,5422024

Highlighted filing

2020

Assets$1,016,785
Liabilities$105,159
Net Assets$911,626

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $1,060,140Expenses 2011: $924,482Net Income 2011: $135,6582011Revenue 2012: $919,418Expenses 2012: $840,084Net Income 2012: $79,3342012Revenue 2013: $845,025Expenses 2013: $895,263Net Income 2013: -$50,2382013Revenue 2014: $833,614Expenses 2014: $871,183Net Income 2014: -$37,5692014Revenue 2015: $824,980Expenses 2015: $792,800Net Income 2015: $32,1802015Revenue 2016: $858,052Expenses 2016: $805,902Net Income 2016: $52,1502016Revenue 2017: $869,611Expenses 2017: $855,634Net Income 2017: $13,9772017Revenue 2018: $862,830Expenses 2018: $848,080Net Income 2018: $14,7502018Revenue 2019: $953,418Expenses 2019: $901,942Net Income 2019: $51,4762019Revenue 2020: $745,154Expenses 2020: $788,291Net Income 2020: -$43,1372020Revenue 2021: $1,075,686Expenses 2021: $952,199Net Income 2021: $123,4872021Revenue 2022: $1,136,540Expenses 2022: $993,825Net Income 2022: $142,7152022Revenue 2023: $1,079,970Expenses 2023: $1,093,309Net Income 2023: -$13,3392023Revenue 2024: $1,061,237Expenses 2024: $1,017,184Net Income 2024: $44,0532024

Highlighted filing

2020

Revenue$745,154
Expenses$788,291
Net Income-$43,137
Jump To
Filing Snapshot
Filing Period
Sep 1, 2019 to Aug 31, 2020
Signed
Dec 17, 2021
Return Version
2019v5.0
Gross Receipts
$756,211
Mission and Program Overview

Mission

Recreational and religious camps

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$691,121$656,970▼ $34,151
Savings and Temporary Cash Investments$183,883$183,922▲ $39
Cash and Non-Interest-Bearing Accounts$46,212$85,492▲ $39,280
Accounts Receivable$9,570$21,936▲ $12,366
Inventories for Sale or Use$15,066$12,426▼ $2,640
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$997,685$1,016,785▲ $19,100
Other Assets Total$51,833$56,039▲ $4,206
Liabilities
Other Liabilities-$63,242-
Accounts Payable and Accrued Expenses$42,922$41,917▼ $1,005
Total Liabilities$42,922$105,159▲ $62,237
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$800,148$760,831▼ $39,317
Net Assets With Donor Restrictions$154,615$150,795▼ $3,820
Total Net Assets Fund Balance$954,763$911,626▼ $43,137
Total Liabilities and Net Assets / Fund Balance$997,685$1,016,785▲ $19,100

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$357,739$1,341,878$1,699,617
Equipment$22,646$226,352$248,998
Land$188,697-$188,697
Leasehold Improvements$73,488$55,096$128,584
Other Land Buildings$14,400$28,500$42,900
Other Assets Org$2,988--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
TED McKENNEYExecutive DirecFT$50,761$50,761

Board Members and Trustees

NameTitle
Brian BeesonPresident
Wendy GolterVice President
Derek LeaDirector
Holly MorookianDirector
Noah ProcterDirector
Ted NotterDirector
Todd WoodhouseDirector
Steve BanseSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$433,620
Program Service Revenue
$298,565
Investment Income
$4,728
Other Revenue
$8,241
All Other Contributions
$423,620
Change in Net Assets
$-43,137
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$430,155
Salaries, Compensation, and Employee Benefits$358,136
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$208,556$69,519-$278,075
Occupancy$41,582$13,861-$55,443
Insurance$38,774$12,925-$51,699
Current Officers, Directors, Trustees, and Key Employees$38,071$12,690-$50,761
Depreciation Depletion$32,489$10,829-$43,318
All Other Expenses$28,633$9,544-$38,177
Payroll Taxes$18,375$6,125-$24,500
Other Expenses$14,677$4,892-$19,569
Advertising$8,328$2,776-$11,104
Office Expenses$4,867$1,622-$6,489
Travel$4,217$1,406-$5,623
Other Employee Benefits$3,600$1,200-$4,800
Information Technology$2,631$877-$3,508
Interest$571$190-$761
Total Functional Expenses$591,219$197,072$0$788,291
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
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
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Governemt advance payable$63,242
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

The 990 is reviewed and signed by an officer, then filed. The governing body is notified at the next meeting.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Solid Rock Ministries Inc
EIN
92-0056492
Phone
9072624741
Address
36251 SOLID ROCK ROAD Unit 1, SOLDOTNA, AK 99669

Signing Officer

Name
Noah Procter
Title
Director
Signed
2021-12-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brian Beeson
Voting Board Members
9
Independent Board Members
8
Employees
18
Volunteers
115

Preparer

Firm
Lambe Tuter & Associates Apc
Address
189 S Binkley Ste 201, Soldotna, AK 99669
Preparer
Stephanie J Lambe CPA
Phone
9072629123
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IRS990/OtherExpensesGrp/Desc2REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc3WORKFUND
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt020670
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt115994
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt211952
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt34892
IRS990/OtherExpensesGrp/ProgramServicesAmt062009
IRS990/OtherExpensesGrp/ProgramServicesAmt147984
IRS990/OtherExpensesGrp/ProgramServicesAmt235855
IRS990/OtherExpensesGrp/ProgramServicesAmt314677
IRS990/OtherExpensesGrp/TotalAmt082679
IRS990/OtherExpensesGrp/TotalAmt163978
IRS990/OtherExpensesGrp/TotalAmt247807
IRS990/OtherExpensesGrp/TotalAmt319569
IRS990/OtherLiabilitiesGrp/EOYAmt063242
IRS990/OtherRevenueMiscGrp/Desc0OTHER MISC
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01144
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01144
IRS990/OtherRevenueTotalAmt01144
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt069519
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0208556
IRS990/OtherSalariesAndWagesGrp/TotalAmt0278075
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt06125
IRS990/PayrollTaxesGrp/ProgramServicesAmt018375
IRS990/PayrollTaxesGrp/TotalAmt024500
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0BRIAN BEESON
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0CAMPER FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0298565
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0298565
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0518250
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0390
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0602280
IRS990/PYOtherRevenueAmt04805
IRS990/PYProgramServiceRevenueAmt0429973
IRS990/PYRevenuesLessExpensesAmt051476
IRS990/PYSalariesCompEmpBnftPaidAmt0299662
IRS990/PYTotalExpensesAmt0901942
IRS990/PYTotalRevenueAmt0953418
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-43137
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0298565
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0183883
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0183922
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0433800
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0518250
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0460435
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0491380
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0468896
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02372761
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt061
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0128
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt094
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt021
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt014
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0318
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01851695
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt017321
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt021080
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt018703
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt019595
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt023518
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0100217
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.95940
IRS990ScheduleA/PublicSupportPY170Pct00.95770
IRS990ScheduleA/PublicSupportTotal170Amt02372761
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0433800
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0518250
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0460435
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0491380
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0468896
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02372761
IRS990ScheduleA/TotalSupportAmt02473296
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0357739
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01341878
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01699617
IRS990ScheduleD/EquipmentGrp/BookValueAmt022646
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0226352
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0248998
IRS990ScheduleD/LandGrp/BookValueAmt0188697
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0188697
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt073488
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt055096
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0128584
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt053051
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt12988
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0CONSTRUCTION IN PROGRESS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1EMPLOYEE RECEIVABLES
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt014400
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt028500
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt042900
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt063242
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Governemt advance payable
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0656970
IRS990ScheduleD/TotalBookValueOtherAssetsAmt056039
IRS990ScheduleD/TotalLiabilityAmt063242
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 IS REVIEWED AND SIGNED BY AN OFFICER, THEN FILED. THE GOVERNING BODY IS NOTIFIED AT THE NEXT MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.24$0.04$1.21$1.06$1.02$0.04
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.21$0.04$1.16$1.08$1.09$0.01
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.21$0.03$1.18$1.14$0.99$0.14
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.16$0.13$1.04$1.08$0.95$0.12
2020Detailed filing. Detailed filing data is available for this year.$1.02$0.11$0.91$0.75$0.79$0.04
2019Summary only. Only limited summary data is available for this year.$1.00$0.04$0.95$0.95$0.90$0.05
2018Summary only. Only limited summary data is available for this year.$0.95$0.05$0.90$0.86$0.85$0.01
2017Summary only. Only limited summary data is available for this year.$0.98$0.09$0.89$0.87$0.86$0.01
2016Summary only. Only limited summary data is available for this year.$0.89$0.02$0.87$0.86$0.81$0.05
2015Summary only. Only limited summary data is available for this year.$0.85$0.03$0.82$0.82$0.79$0.03
2014Summary only. Only limited summary data is available for this year.$0.80$0.01$0.79$0.83$0.87$0.04
2013Summary only. Only limited summary data is available for this year.$0.85$0.02$0.83$0.85$0.90$0.05
2012Summary only. Only limited summary data is available for this year.$0.90$0.02$0.88$0.92$0.84$0.08
2011Summary only. Only limited summary data is available for this year.$0.83$0.03$0.80$1.06$0.92$0.14