CRAIG CHURCH MINISTRIES INC

EIN: 261385977 501(c)(3) Religion

PURLEAR, NC

Total Revenue
$1,737,233
Total Expenses
$481,833
Total Assets
$4,156,970
Net Assets
$4,155,005
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
NC
Principal Officer
DALE JENNINGS
Phone
3369730315
Tax Period
2023-01-01 to 2023-12-31

CRAIG CHURCH MINISTRIES INC, founded in 2007, is a community nonprofit in the Religion sector that reported $1.7M in total revenue in fiscal year 2023. Revenue fell 24% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $1.3M, a strong 72% operating margin.

Mission

THE PURPOSE OF THE ORGANIZATION IS TO OPERATE AND FUNCTION AS A MINISTRY IN ALL ITS RELIGIOUS, CHARITABLE AND EDUCATIONAL DIMENSIONS. THE VISION OF THE MINISTRY IS TO WIN THE LOST, REVIVE THE CHURCH, AND STRENGTHEN THE FAMILY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,407,013
Program Service Revenue $0
Investment Income $60,002
Other Revenue $-729,782
TOTAL REVENUE $1,737,233

Expense Breakdown

Grants Paid $8,104
Salaries & Benefits $300,481
Fundraising Expenses $30,889
Program Expenses $338,167
Other Expenses $173,248
TOTAL EXPENSES $481,833

Year-over-Year Comparison

2023 2022 Change
Revenue $1,737,233 $2,281,381 -0.2%
Expenses $481,833 $364,736 +0.3%
Net Income $1,255,400 $1,916,645 -0.3%
Key Indicators
✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
13
Independent Members
12
Employees
5
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
9
$175,005
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CRAIG CHURCH EXEC. DIRECT 40.00
Officer
$158,057 $0 $158,057
KIM CHURCH EXEC. SECRET 40.00
Officer
$16,948 $0 $16,948
RANDY BROOKS TREASURER N/A
Officer Director
$0 $0 $0
WILLIAM CHURCH ASST. TREASU N/A
Officer Director
$0 $0 $0
MICHAEL DUNCAN DIRECTOR N/A
Director
$0 $0 $0
RANDY GAMBILL VICE PRESIDE N/A
Officer Director
$0 $0 $0
BRIAN HUFFMAN DIRECTOR N/A
Director
$0 $0 $0
CAISON JONES DIRECTOR N/A
Director
$0 $0 $0
DALE JENNINGS PRESIDENT N/A
Officer Director
$0 $0 $0
TIM LACKEY PERSONNEL N/A
Officer Director
$0 $0 $0
KEITH LYON PERSONNEL N/A
Officer Director
$0 $0 $0
JOSH OVERBY SECRETARY N/A
Officer 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 $1,737,233 $481,833 $4,156,970 $1,255,400
2022 $2,281,381 $364,736 $2,856,982 $1,916,645
2021 $764,597 $345,440 $1,004,831 $419,157
2020 $521,730 $231,447 $580,679 $290,283
2019 $329,185 $197,531 $289,908 $131,654
2018 $226,406 $191,790 $83,458 $34,616
2018 $303,891 $191,790 $160,943 $112,101
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