NonprofitsFounders Ministries Inc

Founders Ministries Inc

CAPE CORAL, FL

Total revenue

$1.4M

Total expenses

$2.0M

Net assets

$1.2M

Grants received

$572K

4 grants

EIN

650243661

Tax year

2024

Mission

Proclaim the gospel of jesus christ through a ministry of teaching and encouragement promoting

Programs

3 programs

Founders publications sold on subscription basis and direct sales of books, cds & dvds. A weekly podcast is also available.

Expenses: $418K

Study center provided courses, resources, and training materials for those in ministry or pursuing the ministry of the gospel.

Expenses: $361K

National & regional conferences - provided support for two regional conferences and maintained exhibits at three national conferences.

Expenses: $325K

Financials

FY 2024

Revenue

Contributions & grants$627K
Program service revenue$662K
Investment income$14K
Other revenue$73K
Total revenue$1.4M

Expenses

Grants paid
Salaries & benefits$458K
Fundraising
Other expenses$1.5M
Total expenses$2.0M
Total assets$1.3M
Net assets$1.2M

People

9 listed

NameRoleCompensation

Thomas K Ascol

President

Board

$93K

40 hrs/wk

Voddie Baucham

Director

Board

$3K

1 hrs/wk

Travis Allen

Chairman

Board

1 hrs/wk

Bill Ascol

Secretary

Board

1 hrs/wk

William Willcutts

Director

Board

1 hrs/wk

Jason Glas

Director

Board

1 hrs/wk

Don Kiah

Director

Board

1 hrs/wk

Chris Faro

Exec. Director

Staff

$110K

40 hrs/wk

Kerry Regnier

Director of Admin

Staff

$107K

40 hrs/wk

Grants received

Showing 4 of 4

FromAmountPurposeYear
$261K
OPERATIONS
2023
$245K
OPERATIONS
2022

Funded by

$572K from 3 funders · 4 grants · 2022–2023

American Gift Fund

$506K · 2 grants · 2022–2023

National Philanthropic Trust

$52K · 1 grant · 2023

Details

EIN650243661
Subsection03
Ruling date1992-03
Formed1990
Employees11
FOUNDERS MINISTRIES INC — Mission, Financials & Grants Received | Grantivo