SILVER2023

ACTS 4 MINISTRY INC

Inspiring Acts of Love

aka ACTS 4 MINISTRY, INC.   |   Waterbury, CT   |  http://www.acts4.org
GuideStar Charity Check

ACTS 4 MINISTRY INC

EIN: 20-3676244


Mission

Acts 4 Ministry is a collaborative group of a volunteer board of directors, staff members and dozens of volunteers who desire to share God's love by meeting the comforting physical needs of others. We achieve this goal daily on many levels by collecting and distributing, free-of-charge to recipients, clothing, and housewares plus a free furniture distribution program.

Ruling year info

2006

EXECUTIVE DIRECTOR

Ms. SARAH ELIZABETH CARABETTA

Main address

P.O. Box 4524

Waterbury, CT 06704 USA

Show more contact info

EIN

20-3676244

Subject area info

Humanities

Religion

Basic and emergency aid

Population served info

Economically disadvantaged people

Incarcerated people

NTEE code info

Emergency Assistance (Food, Clothing, Cash) (P60)

Humanities Organizations (A70)

Religion Related, Spiritual Development N.E.C. (X99)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Communication

Blog

Programs and results

What we aim to solve

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Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Resource Center

Our program provides new and resusable furniture, clothing and housewares to those in need. Additionally, we support others through the access of resources such as home and personal care products, work attire, school uniforms and community enrichment programs.

Population(s) Served
Economically disadvantaged people
Incarcerated people

Where we work

Our Sustainable Development Goals

SOURCE: Self-reported by organization

Learn more about Sustainable Development Goals.

Financials

ACTS 4 MINISTRY INC
Fiscal year: Jan 01 - Dec 31

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022 info

SOURCE: IRS Form 990

2.70

Average of 3.43 over 7 years

Months of cash in 2022 info

SOURCE: IRS Form 990

1.7

Average of 2.7 over 7 years

Fringe rate in 2022 info

SOURCE: IRS Form 990

9%

Average of 10% over 7 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

ACTS 4 MINISTRY INC

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

ACTS 4 MINISTRY INC

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

ACTS 4 MINISTRY INC

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

This snapshot of ACTS 4 MINISTRY INC’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

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Business model indicators

Profitability info 2018 2019 2020 2021 2022
Unrestricted surplus (deficit) before depreciation $46,867 $1,993 -$4,072 $14,226 -$28,648
As % of expenses 16.3% 0.8% -1.8% 3.9% -6.5%
Unrestricted surplus (deficit) after depreciation $44,724 -$150 -$8,358 $9,940 -$32,934
As % of expenses 15.5% -0.1% -3.6% 2.7% -7.4%
Revenue composition info
Total revenue (unrestricted & restricted) $325,145 $262,081 $225,296 $379,461 $414,325
Total revenue, % change over prior year 31.4% -19.4% -14.0% 68.4% 9.2%
Program services revenue 6.9% 6.8% 2.8% 0.8% 0.9%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 0.0% 0.0% 0.0% 0.0% 0.0%
Government grants 0.0% 0.0% 0.0% 0.0% 0.0%
All other grants and contributions 93.1% 93.2% 97.2% 99.2% 99.1%
Other revenue 0.0% 0.0% 0.0% 0.0% 0.0%
Expense composition info
Total expenses before depreciation $287,066 $260,088 $229,368 $365,235 $442,973
Total expenses, % change over prior year 32.3% -9.4% -11.8% 59.2% 21.3%
Personnel 38.0% 42.4% 43.3% 27.2% 23.8%
Professional fees 9.8% 3.4% 3.1% 2.5% 2.5%
Occupancy 37.5% 31.5% 30.9% 19.9% 17.4%
Interest 0.0% 0.5% 0.8% 0.4% 0.5%
Pass-through 0.3% 9.8% 5.1% 39.3% 45.6%
All other expenses 14.5% 12.4% 16.8% 10.7% 10.3%
Full cost components (estimated) info 2018 2019 2020 2021 2022
Total expenses (after depreciation) $289,209 $262,231 $233,654 $369,521 $447,259
One month of savings $23,922 $21,674 $19,114 $30,436 $36,914
Debt principal payment $0 $11,000 $0 $0 $0
Fixed asset additions $0 $0 $0 $0 $0
Total full costs (estimated) $313,131 $294,905 $252,768 $399,957 $484,173

Capital structure indicators

Liquidity info 2018 2019 2020 2021 2022
Months of cash 2.9 3.3 3.9 2.8 1.7
Months of cash and investments 2.9 3.3 3.9 2.8 1.7
Months of estimated liquid unrestricted net assets 2.8 2.7 2.8 2.2 1.1
Balance sheet composition info 2018 2019 2020 2021 2022
Cash $70,056 $71,703 $73,849 $83,923 $62,148
Investments $0 $0 $0 $0 $0
Receivables $0 $0 $0 $0 $0
Gross land, buildings, equipment (LBE) $33,872 $33,872 $33,872 $33,872 $33,872
Accumulated depreciation (as a % of LBE) 32.2% 38.5% 51.1% 63.8% 76.4%
Liabilities (as a % of assets) 15.5% 15.3% 22.5% 17.5% 32.9%
Unrestricted net assets $78,575 $78,425 $70,067 $80,007 $47,073
Temporarily restricted net assets $0 N/A N/A N/A N/A
Permanently restricted net assets $0 N/A N/A N/A N/A
Total restricted net assets $0 $0 $0 $0 $0
Total net assets $78,575 $78,425 $70,067 $80,007 $47,073

Key data checks

Key data checks info 2018 2019 2020 2021 2022
Material data errors No No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Form 1023/1024 is not available for this organization

EXECUTIVE DIRECTOR

Ms. SARAH ELIZABETH CARABETTA

Number of employees

Source: IRS Form 990

ACTS 4 MINISTRY INC

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
Related
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Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

ACTS 4 MINISTRY INC

Board of directors
as of 01/31/2023
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Mr. John Bishop

JAMES ZOLDY

HALSEY ASSOCIATES

BRUCE MARTIN

RETIRED

PAULA LAVISH

CAITLIN SHEEDY

FD CREDIT UNION

JOHN G. ROWLAND

PRISON FELLOWSHIP MINISTRIES

VELMA SUSIE JONES-SZOLDRA

DAVITA, INC.

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? No
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? No
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? No
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? No
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? No