Engage 360 Ministries Inc
Helping Christians to share their faith in everyday conversations.
Engage 360 Ministries Inc
EIN: 82-5158890
Mission
We exist to create self-sustaining, evangelistic/discipleship outreach movements where Christians know their faith, share their faith, and grow their faith.
Ruling year
2019
Principal Officer
Matt Schmidt
Main address
PO Box 77723
Charlotte, NC 28271 USA
EIN
82-5158890
Christianity
Evangelicalism
Population served
Protestants
Evangelicals
NTEE code
Christian (X20)
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
Our programs
What are the organization's current programs, how do they measure success, and who do the programs serve?
New England Initiative
We see a unique opportunity and need to serve churches in the New England region. We desire to partner with these churches offering training and helping as they desire to share the hope of Christianity with individuals in their local community.
We are meeting this need by planning two month+ long trips to the region each year. On these trips we are training at 4-8 churches, working to raise up local leaders, helping with outreach events, and also strengthening relationships between churches in the areas we serve.
We offer our training with no required cost to the churches we serve. To help fund this initiative, we are working to network and raise awareness in areas of the US where there are more churches and greater financial resources.
Where we work
External reviews
Photos
Financials
Revenue vs. expenses: breakdown
Liquidity in 2019 info
0.29
Months of cash in 2019 info
0.1
Fringe rate in 2019 info
8%
Funding sources info
Assets & liabilities info
Engage 360 Ministries Inc
Revenue & expensesFiscal Year: Jan 01 - Dec 31
SOURCE: IRS Form 990
Engage 360 Ministries Inc
Balance sheetFiscal 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: Jan 01 - Dec 31
SOURCE: IRS Form 990
This snapshot of Engage 360 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 | 2018 | 2019 |
|---|---|---|
| Unrestricted surplus (deficit) before depreciation | $2,612 | -$6,596 |
| As % of expenses | 2.8% | -3.5% |
| Unrestricted surplus (deficit) after depreciation | $2,612 | -$6,596 |
| As % of expenses | 2.8% | -3.5% |
| Revenue composition info | ||
|---|---|---|
| Total revenue (unrestricted & restricted) | $95,386 | $183,424 |
| Total revenue, % change over prior year | 0.0% | 92.3% |
| Program services revenue | 6.3% | 3.1% |
| Membership dues | 0.0% | 0.0% |
| Investment income | 0.0% | 0.0% |
| Government grants | 0.0% | 0.0% |
| All other grants and contributions | 93.7% | 96.9% |
| Other revenue | 0.0% | 0.0% |
| Expense composition info | ||
|---|---|---|
| Total expenses before depreciation | $92,774 | $190,020 |
| Total expenses, % change over prior year | 0.0% | 104.8% |
| Personnel | 86.4% | 88.3% |
| Professional fees | 0.4% | 0.9% |
| Occupancy | 0.0% | 0.0% |
| Interest | 0.0% | 0.0% |
| Pass-through | 0.0% | 0.0% |
| All other expenses | 13.2% | 10.8% |
| Full cost components (estimated) info | 2018 | 2019 |
|---|---|---|
| Total expenses (after depreciation) | $92,774 | $190,020 |
| One month of savings | $7,731 | $15,835 |
| Debt principal payment | $0 | $0 |
| Fixed asset additions | $0 | $0 |
| Total full costs (estimated) | $100,505 | $205,855 |
Capital structure indicators
| Liquidity info | 2018 | 2019 |
|---|---|---|
| Months of cash | 0.3 | 0.1 |
| Months of cash and investments | 0.3 | 0.1 |
| Months of estimated liquid unrestricted net assets | 0.3 | -0.3 |
| Balance sheet composition info | 2018 | 2019 |
|---|---|---|
| Cash | $2,612 | $1,651 |
| Investments | $0 | $0 |
| Receivables | $0 | $0 |
| Gross land, buildings, equipment (LBE) | $0 | $0 |
| Accumulated depreciation (as a % of LBE) | 0.0% | 0.0% |
| Liabilities (as a % of assets) | 0.0% | 341.3% |
| Unrestricted net assets | $0 | $0 |
| Temporarily restricted net assets | $0 | N/A |
| Permanently restricted net assets | $0 | N/A |
| Total restricted net assets | $0 | $0 |
| Total net assets | $2,612 | -$3,984 |
Key data checks
| Key data checks info | 2018 | 2019 |
|---|---|---|
| Material data errors | No | No |
Operations
The people, governance practices, and partners that make the organization tick.
Documents
Principal Officer
Matt Schmidt
Number of employees
Source: IRS Form 990
Engage 360 Ministries Inc
Officers, directors, trustees, and key employeesSOURCE: IRS Form 990
Compensation data
There are no highest paid employees recorded for this organization.
This organization has no recorded board members.
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