NonprofitsRead Ministries Inc

Religion-Related

Read Ministries Inc

SAINT CLOUD, MN

Total revenue

$666K

Total expenses

$574K

Net assets

$494K

Grants received

$281K

19 grants

EIN

200222800

Tax year

2024

Mission

Equipping the eurasian church for effective ministry (ukraine, kazakstan, kyrgyzstan, belarus, restricted access countries).

Programs

3 programs

Support of fesource distribution initiatives: in 2024, read ministries distributed books to 110+ local churches participating in theological school-based ministry training initiatives funded by read ministries and conducted by its ministry partners in khmelnitsky, poltava, and karkov oblasts in ukraine.

Expenses: $69K

Support of equipping ministry leaders initiatives: in 2024, read ministries funded and conducted a regional conferences for church leaders. One of the main conferences was in ivano-frankivsk with tavrisky christian institute. Included in the conference was the distribution of 20-volume theological libraries to each conference attendee. In 2024, read ministries provided funding for a training conference for 50 leaders in the ternopil oblast. Included in this conference was the distribution of a a 20-volume theological library to each church leader who attended.

Expenses: $38K

Miscellaneous program expenses

Financials

FY 2024

Revenue

Contributions & grants$655K
Program service revenue
Investment income$11K
Other revenue
Total revenue$666K

Expenses

Grants paid$310K
Salaries & benefits$190K
Fundraising$86K
Other expenses$73K
Total expenses$574K
Total assets$497K
Net assets$494K

People

8 listed

NameRoleCompensation

STEVEN ECKERT

EXECUTIVE DI

Board

$100K

40 hrs/wk

RACHEL ANDERSON

BOARD MEMBER

Board

1 hrs/wk

KELSEY BURNS

BOARD MEMBER

Board

1 hrs/wk

VOLODYMYR DEGTYARYOV

BOARD MEMBER

Board

1 hrs/wk

TODD MAGNUSON

VICE CHAIR

Board

1 hrs/wk

VLAD MAKYEYEV

BOARD MEMBER

Board

1 hrs/wk

KIM PAREIGAT

CHAIR

Board

1 hrs/wk

STEPHANIE YAEGER

TREASURER

Board

1 hrs/wk

Grants received

Showing 19 of 19

FromAmountPurposeYear
$60K
BIBLE TRANSLATION
2024
$20K
EQUIP THE EURASIAN CHURCH
2024
$15K
UKRAINE RELIGIOUS MINISTRY
2024
$15K
UKRAINE RELIGIOUS MINISTRY
2023
$12K
RELIGION RELATED
2023
$10K
GENERAL SUPPORT
2023
$2K
GENERAL USE OF CHARITY
2023
$25K
UKRAINE RELIGIOUS MINISTRY
2022
$15K
GENERAL SUPPORT
2022
$10K
RELIGION RELATED
2022
$1K
GENERAL USE OF CHARITY
2022
$35K
GENERAL SUPPORT
2021
$15K
UKRAINE RELIGIOUS MINISTRY
2020

Funded by

$281K from 7 funders · 19 grants · 2020–2024

Natl Christian Charitable Fdn Inc

$107K · 4 grants · 2020–2024

Impact Foundation

$70K · 4 grants · 2020–2024

Watts Family Foundation

$60K · 3 grants · 2021–2023

Donor Advised Charitable Giving Inc

$22K · 2 grants · 2022–2023

Rollie And Barbara Anderson Family

$20K · 1 grant · 2024

Joyce Family Foundation

$3K · 2 grants · 2022–2023

Valley Queen Charitable Foundation

$450 · 3 grants · 2020–2022

Details

EIN200222800
NTEE codeX20
Subsection03
Ruling date2004-03
Formed2003
Employees5
READ MINISTRIES INC — Mission, Financials & Grants Received | Grantivo