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ABLAZE MINISTRIES INC

Transforming the church through mission to youth

BRYAN, TX   |  www.ablaze.us
GuideStar Charity Check

ABLAZE MINISTRIES INC

EIN: 45-3645077


Mission

Ablaze is a ministry organization dedicated to forming the young church. Our mission is to form youth ministers and develop youth ministries for parishes. We offer a 360˚ approach to building disciples by serving youth, ministers, and parents.

Ruling year info

2012

President

Matthew Rice

Main address

1004 S. Coulter Dr.

BRYAN, TX 77803 USA

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Formerly known as

Collaborative Catholi Formation Ministries

EIN

45-3645077

Subject area info

Religion

Catholicism

Population served info

Children and youth

Adolescents

NTEE code info

Roman Catholic (X22)

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

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?

Ablaze Youth

Provide youth ministry for churches

Population(s) Served
Adolescents

Where we work

Our Sustainable Development Goals

SOURCE: Self-reported by organization

Learn more about Sustainable Development Goals.

Financials

ABLAZE MINISTRIES 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 2020 info

SOURCE: IRS Form 990

2.44

Average of 1.08 over 8 years

Months of cash in 2020 info

SOURCE: IRS Form 990

4.8

Average of 2 over 8 years

Fringe rate in 2020 info

SOURCE: IRS Form 990

9%

Average of 7% over 8 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

Source: IRS Form 990 info

ABLAZE MINISTRIES INC

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990

Fiscal year ending: cloud_download Download Data

ABLAZE MINISTRIES INC

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990

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

ABLAZE MINISTRIES INC

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990

This snapshot of ABLAZE MINISTRIES 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 2016 2017 2018 2019 2020
Unrestricted surplus (deficit) before depreciation $26,914 $7,334 $60,913 -$16,957 $211,236
As % of expenses 6.0% 1.4% 9.1% -1.8% 19.8%
Unrestricted surplus (deficit) after depreciation $22,765 $2,725 $56,219 -$20,970 $207,487
As % of expenses 5.1% 0.5% 8.4% -2.3% 19.4%
Revenue composition info
Total revenue (unrestricted & restricted) $477,226 $528,442 $725,686 $908,548 $1,274,771
Total revenue, % change over prior year 47.7% 10.7% 37.3% 25.2% 40.3%
Program services revenue 38.5% 43.5% 36.1% 44.1% 36.2%
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% 9.8%
All other grants and contributions 61.5% 56.5% 63.9% 55.9% 54.0%
Other revenue 0.0% 0.0% 0.0% 0.0% 0.0%
Expense composition info
Total expenses before depreciation $446,312 $522,132 $666,014 $926,683 $1,064,794
Total expenses, % change over prior year 49.9% 17.0% 27.6% 39.1% 14.9%
Personnel 69.3% 73.9% 70.9% 76.2% 85.0%
Professional fees 5.3% 6.7% 4.9% 2.1% 2.0%
Occupancy 1.9% 2.3% 1.8% 3.1% 1.5%
Interest 0.8% 0.6% 0.5% 0.4% 0.2%
Pass-through 0.0% 0.0% 0.0% 0.1% 0.0%
All other expenses 22.7% 16.6% 21.9% 18.1% 11.3%
Full cost components (estimated) info 2016 2017 2018 2019 2020
Total expenses (after depreciation) $450,461 $526,741 $670,708 $930,696 $1,068,543
One month of savings $37,193 $43,511 $55,501 $77,224 $88,733
Debt principal payment $2,276 $2,393 $2,538 $2,609 $0
Fixed asset additions $0 $5,940 $0 $0 $0
Total full costs (estimated) $489,930 $578,585 $728,747 $1,010,529 $1,157,276

Capital structure indicators

Liquidity info 2016 2017 2018 2019 2020
Months of cash 1.9 1.6 2.5 1.6 4.8
Months of cash and investments 1.9 1.6 2.5 1.6 4.8
Months of estimated liquid unrestricted net assets 1.8 1.5 2.2 1.3 3.8
Balance sheet composition info 2016 2017 2018 2019 2020
Cash $71,172 $70,408 $138,633 $123,931 $427,966
Investments $0 $0 $0 $0 $0
Receivables $0 $0 $103 $0 $0
Gross land, buildings, equipment (LBE) $105,770 $111,709 $111,709 $115,345 $115,345
Accumulated depreciation (as a % of LBE) 15.4% 18.7% 22.9% 25.7% 29.0%
Liabilities (as a % of assets) 44.2% 42.7% 34.1% 39.2% 34.3%
Unrestricted net assets $0 $0 $0 $0 $0
Temporarily restricted net assets $0 $0 $0 N/A N/A
Permanently restricted net assets $0 $0 $0 N/A N/A
Total restricted net assets $0 $0 $0 $0 $0
Total net assets $89,584 $92,309 $148,528 $127,558 $335,045

Key data checks

Key data checks info 2016 2017 2018 2019 2020
Material data errors No No No No No

Operations

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

Documents
Letter of Determination is not available for this organization
Form 1023/1024 is not available for this organization

President

Matthew Rice

Number of employees

Source: IRS Form 990

ABLAZE MINISTRIES 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.

ABLAZE MINISTRIES INC

Board of directors
as of 02/13/2023
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Michael Alexander

Mays Business School Texas A&M University

Term: 2020 - 2024

Jim Beckman

Archdiocese of Oklahoma City

Dr. Weslei Rice

Pure Family Medicine, PLLC

Chuck Konderla

Fifth C. Jewelry

Dcn. Frank Ashley

The Bush School of Government and Public Service

Allison Sullivan

Speaker/Writer

David Mantey

CPA

Michael Alexander

Mays Business School Texas A&M University

Organizational demographics

SOURCE: Self-reported; last updated 2/13/2023

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Male, Not transgender (cisgender)
Sexual orientation
Heterosexual or straight
Disability status
Person without a disability

Race & ethnicity

Gender identity

 

Sexual orientation

Disability