Ashure Ministry Inc

EIN: 560946753 501(c)(3) Human Services

Newton, NC

Total Revenue
$6,207,852
Total Expenses
$5,655,917
Total Assets
$2,506,693
Net Assets
$2,486,618
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1969
Legal Domicile
NC
Principal Officer
Kristal Manning
Phone
8284651702
Tax Period
2023-01-01 to 2023-12-31

Ashure Ministry Inc, founded in 1969, is a community nonprofit in the Human Services sector that reported $6.2M in total revenue in fiscal year 2023. Revenue surged 37% from the prior year, signaling strong growth momentum. Expenses of $5.7M left a modest 9% surplus.

Mission

To serve people in need of crisis assistance, support and education to respond to Gods call

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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 $5,943,978
Program Service Revenue $127,648
Investment Income $1,370
Other Revenue $134,856
TOTAL REVENUE $6,207,852

Expense Breakdown

Grants Paid $4,802,664
Salaries & Benefits $613,976
Fundraising Expenses $78,301
Program Expenses $5,431,779
Other Expenses $239,277
TOTAL EXPENSES $5,655,917

Year-over-Year Comparison

2023 2022 Change
Revenue $6,207,852 $4,517,942 +0.4%
Expenses $5,655,917 $4,261,858 +0.3%
Net Income $551,935 $256,084 +1.2%
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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
18
Independent Members
18
Employees
23
Volunteers
268

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
5
$137,112
Total Directors
18
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Joe Lichtenwalner President 2.00
Officer Director
$0 $0 $0
Mitch Long Secretary 2.00
Officer Director
$0 $0 $0
Richard Boyett Treasurer 2.00
Officer Director
$0 $0 $0
Cindy Sigmon Past President 2.00
Director
$0 $0 $0
Rebecca Bleich Board Member 2.00
Director
$0 $0 $0
Roger Decato Board Member 2.00
Director
$0 $0 $0
Diane Howard Board Member 2.00
Director
$0 $0 $0
Jason Chapman Board Member 2.00
Director
$0 $0 $0
Bruce Deese Board Member 2.00
Director
$0 $0 $0
Nicole James Board Member 2.00
Director
$0 $0 $0
Josh Sherfey Board Member 2.00
Director
$0 $0 $0
JR Sigmon Board Member 2.00
Director
$0 $0 $0
Anita Deal Board Member 2.00
Director
$0 $0 $0
Steve Deitz Board Member 2.00
Director
$0 $0 $0
Sherry Fry Board Member 2.00
Director
$0 $0 $0
Vanessa Linebarger Board Member 2.00
Director
$0 $0 $0
Mary Reitzel Board Member 2.00
Director
$0 $0 $0
Lonnie Shook Board Member 2.00
Director
$0 $0 $0
Kristal Manning Executive Director 40.00
Officer
$79,902 $0 $79,902
Tammy Dotson Assistant Director 40.00
Officer
$57,210 $0 $57,210
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 $6,207,852 $5,655,917 $2,506,693 $551,935
2022 $4,517,942 $4,261,858 $1,858,989 $256,084
2021 $926,838 $989,550 $1,619,352 $-62,712
2020 $997,465 $917,223 $1,614,563 $80,242
2019 $910,200 $742,618 $1,470,334 $167,582
2018 $815,467 $684,812 $1,262,720 $130,655
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