Civic Intelligence

Solid Rock Ministries Inc.

990 • Fiscal year 2023 • EIN 92-0056492

Sep 01, 2022 to Aug 31, 2023 • Filed on Jul 01, 2024

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

42nd percentile

0.03x

Higher debt load relative to assets than 42% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

38th percentile

0.04x

Higher debt load relative to revenue than 38% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

36th percentile

-1.2%

Higher net margin than 36% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

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

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

36th percentile

-0.1%

Faster asset growth than 36% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

31st percentile

-5.0%

Faster revenue growth than 31% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Down

$1,205,148

Down $1,495 (-0.1%) from 2022

Net Assets

Down

$1,164,489

Down $13,339 (-1.1%) from 2022

Liabilities

Up

$40,659

Up $11,844 (+41%) from 2022

Revenue

Down

$1,079,970

Down $56,570 (-5.0%) from 2022

Expenses

Up

$1,093,309

Up $99,484 (+10%) from 2022

Net Income

Down

-$13,339

Down $156,054 (-109%) from 2022

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

2023

Assets$1,205,148
Liabilities$40,659
Net Assets$1,164,489

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

2023

Revenue$1,079,970
Expenses$1,093,309
Net Income-$13,339
Jump To
Filing Snapshot
Filing Period
Sep 1, 2022 to Aug 31, 2023
Signed
Jul 1, 2024
Return Version
2022v5.0
Gross Receipts
$1,101,247
Mission and Program Overview

Mission

Recreational and religious camps

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$768,074$740,858▼ $27,216
Savings and Temporary Cash Investments$150,297$250,000▲ $99,703
Cash and Non-Interest-Bearing Accounts$246,126$144,971▼ $101,155
Prepaid Expenses and Deferred Charges-$36,934-
Accounts Receivable$23,868$19,666▼ $4,202
Inventories for Sale or Use$13,627$11,295▼ $2,332
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-
Total Assets$1,206,643$1,205,148▼ $1,495
Other Assets Total$4,651$1,424▼ $3,227
Liabilities
Accounts Payable and Accrued Expenses$27,347$37,751▲ $10,404
Deferred Revenue$1,468$2,907▲ $1,439
Other Liabilities-$1-
Total Liabilities$28,815$40,659▲ $11,844
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$949,381$801,630▼ $147,751
Net Assets With Donor Restrictions$228,447$362,859▲ $134,412
Total Net Assets Fund Balance$1,177,828$1,164,489▼ $13,339
Total Liabilities and Net Assets / Fund Balance$1,206,643$1,205,148▼ $1,495

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$400,842$1,418,709$1,819,551
Equipment$51,328$219,264$270,592
Land$188,697-$188,697
Leasehold Improvements$62,459$75,040$137,499
Other Land Buildings$37,532$48,026$85,558
Compensation and Service Providers

Board Members and Trustees

NameTitle
Holly MorookianPresident
Todd WoodhouseVice President
Brian BeesonDirector
Derek LeaDirector
Jeremy SauskojusDirector
Noah ProcterDirector
Ted NotterDirector
Wendy GolterSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$653,199
Program Service Revenue
$414,192
Investment Income
$4,013
Other Revenue
$8,566
All Other Contributions
$653,199
Change in Net Assets
$-13,339
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$743,277
Salaries, Compensation, and Employee Benefits$350,032
Total Fundraising Expense$4,191
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$235,310$78,436-$313,746
All Other Expenses$61,700$15,907$4,191$81,798
Occupancy$46,569$15,523-$62,092
Depreciation Depletion$38,637$12,879-$51,516
Insurance$31,940$10,647-$42,587
Payroll Taxes$17,015$5,671-$22,686
Other Expenses$16,204$5,401-$21,605
Travel$12,705$4,235-$16,940
Pension Plan Contributions$10,200$3,400-$13,600
Office Expenses$6,479$2,159-$8,638
Advertising$5,857$1,952-$7,809
Information Technology$2,291$764-$3,055
Total Functional Expenses$903,542$185,576$4,191$1,093,309
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
Rounding$1
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, Section B, Line 11B

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

Form 990, Part VI, Section C, Line 19

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
Executive Director
Signed
2024-07-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Holly Morookian
Legal Domicile
Ak
Voting Board Members
8
Independent Board Members
7
Employees
14
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/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0861
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt13300
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0861
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt13300
IRS990/OtherRevenueTotalAmt04161
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt078436
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0235310
IRS990/OtherSalariesAndWagesGrp/TotalAmt0313746
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05671
IRS990/PayrollTaxesGrp/ProgramServicesAmt017015
IRS990/PayrollTaxesGrp/TotalAmt022686
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt03400
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt010200
IRS990/PensionPlanContributionsGrp/TotalAmt013600
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt036934
IRS990/PrincipalOfficerNm0HOLLY MOROOKIAN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0CAMPER FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0414192
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0414192
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0714508
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0301
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0647991
IRS990/PYOtherRevenueAmt028201
IRS990/PYProgramServiceRevenueAmt0393530
IRS990/PYRevenuesLessExpensesAmt0142715
IRS990/PYSalariesCompEmpBnftPaidAmt0345834
IRS990/PYTotalExpensesAmt0993825
IRS990/PYTotalRevenueAmt01136540
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-13339
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0414192
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0150297
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0250000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0653199
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0708761
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0636670
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0433800
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0518250
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02950680
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt04013
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0301
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt040
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt061
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0128
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt04543
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01931652
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt04161
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt017221
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt032705
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt017321
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt021080
IRS990ScheduleA/OtherIncome170Grp/TotalAmt092488
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.96820
IRS990ScheduleA/PublicSupportPY170Pct00.96240
IRS990ScheduleA/PublicSupportTotal170Amt02950680
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0653199
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0708761
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0636670
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0433800
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0518250
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02950680
IRS990ScheduleA/TotalSupportAmt03047711
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/BookValueAmt0400842
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01418709
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01819551
IRS990ScheduleD/EquipmentGrp/BookValueAmt051328
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0219264
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0270592
IRS990ScheduleD/LandGrp/BookValueAmt0188697
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0188697
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt062459
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt075040
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0137499
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt037532
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt048026
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt085558
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Rounding
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0740858
IRS990ScheduleD/TotalLiabilityAmt01
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, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01206643
IRS990/TotalAssetsEOYAmt01205148
IRS990/TotalAssetsGrp/BOYAmt01206643
IRS990/TotalAssetsGrp/EOYAmt01205148
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0653199
IRS990/TotalEmployeeCnt014
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt04191
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0185576
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0903542

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
2023Detailed filing. Detailed filing data is available for this year.$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
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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