EXAGO MINISTRIES INC

EIN: 203970225 501(c)(3) Religion

ROGERS, AR

Total Revenue
$269,249
Total Expenses
$243,109
Total Assets
$59,779
Net Assets
$58,874
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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
AR
Principal Officer
AARON BABYAR
Phone
4794426211
Tax Period
2023-01-01 to 2023-12-31

EXAGO MINISTRIES INC, founded in 2006, is a small nonprofit in the Religion sector that reported $261K in total revenue in fiscal year 2020. Revenue surged 45% from the prior year, signaling strong growth momentum. The organization ran a surplus of $41K, a strong 16% operating margin.

Mission

CHRISTIAN LEADERS ARE OFTEN ON THE STRATEGIC EDGE OF WHAT GOD IS DOING IN THE WORLD AS THEY SEEK TO FULFILL THE GREAT COMMISSION. HOWEVER, THEIR PERSONAL DESIRES ARE FREQUENTLY OVERLOOKED IF NOT IGNORED BEYOND THEIR MOST BASIC PHYSICAL NEEDS. EXAGOS PURPOSE IS FULFILLED AS IT POURS ITS ENERGIES INTO EQUIPPING CHRISTIAN MINISTRY LEADERS TO SURVIVE AND THRIVE. THOUGH OUR STAFF IS OFTEN SOUGHT OUT TO BE INVOLVED WITH THE TRAINING OF LEADERS IN MINISTRY PRAXIS (ACTION & PRACTICE), WE BELIEVE THAT CARING FOR THE LEADERS PERSONAL NEEDS IS A CRUCIAL FIRST STEP. WE SEEK TO COME ALONGSIDE TO OFFER ENCOURAGEMENT, WHILE HELPING LEADERS SEEK REFRESHMENT IN THEIR PERSONAL SPIRITUAL WALK. THOUGH WHAT THEIR HANDS ARE DOING FOR JESUS IS IMPORTANTTHEIR HEAD AND THEIR HEART NEED TO BE CARED FOR AND ENCOURAGED ALONG THE WAY.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $209,966
Program Service Revenue $59,283
Investment Income $0
Other Revenue $0
TOTAL REVENUE $269,249

Expense Breakdown

Grants Paid $0
Salaries & Benefits $188,095
Fundraising Expenses $0
Program Expenses $203,912
Other Expenses $55,014
TOTAL EXPENSES $243,109

Year-over-Year Comparison

2023 2022 Change
Revenue $269,249 $264,685 +0.0%
Expenses $243,109 $256,152 -0.1%
Net Income $26,140 $8,533 +2.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
5
Independent Members
5
Employees
4
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$159,783
Total Directors
6
$159,783
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AARON BABYAR PRESIDENT 40.00
Officer Director
$159,783 $0 $159,783
JOHN NOLAN DIRECTOR 1.00
Director
$0 $0 $0
SARAH MOORE DIRECTOR 1.00
Director
$0 $0 $0
SCOTT BENNINGTON DIRECTOR 1.00
Director
$0 $0 $0
MIKE SCHNEIDER DIRECTOR 1.00
Director
$0 $0 $0
JOY SAQUING DIRECTOR 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $269,249 $243,109 $59,779 $26,140
2022 $264,685 $256,152 $34,781 $8,533
2021 $249,148 $291,292 $27,124 $-42,144
2020 $260,705 $219,749 $82,235 $40,956
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