FIREWEED MINISTRY INC

EIN: 814803670 501(c)(3) Religion

Sutton, AK

Total Revenue
$230,687
Total Expenses
$199,190
Total Assets
$40,684
Net Assets
$40,684
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
AK
Principal Officer
James Bodolosky
Phone
9072024428
Tax Period
2022-01-01 to 2022-12-31

FIREWEED MINISTRY INC, founded in 2017, is a small nonprofit in the Religion sector that reported $231K in total revenue in fiscal year 2022. Expenses of $199K left a modest 14% surplus.

Mission

To preach and teach the Gospel and valuable life lessons through outreach ministry programs to youth and their families throughout the community of Eagle River, Alaska.

Program Service Accomplishments

Program 1
Expenses: $185,462

To preach and teach the Gospel and valuable life lessons through outreach ministry programs to youth and their families throughout the community of Eagle River, Alaska.

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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 (2022)

Revenue Breakdown

Contributions & Grants $228,169
Program Service Revenue $0
Investment Income $15
Other Revenue $2,503
TOTAL REVENUE $230,687

Expense Breakdown

Grants Paid $0
Salaries & Benefits $105,060
Fundraising Expenses $0
Program Expenses $185,462
Other Expenses $94,130
TOTAL EXPENSES $199,190

Year-over-Year Comparison

2022 2021 Change
Revenue $230,687 N/A N/A
Expenses $199,190 N/A N/A
Net Income $31,497 N/A N/A
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
6
Independent Members
5
Employees
1
Volunteers
100

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
3
$105,060
Total Directors
6
$105,060
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
James Bodolsky President / Executive Director 040.00
Officer Director
$105,060 $0 $105,060
David Evette Secretary 001.00
Officer Director
$0 $0 $0
Sarah Bodolsky Treasurer 005.00
Officer Director
$0 $0 $0
David Keating Director 001.00
Director
$0 $0 $0
Ryan Dempsey Director 001.00
Director
$0 $0 $0
Lee Carver Director 001.00
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
2022 $230,687 $199,190 $40,684 $31,497
2020 $227,969 $150,103 $118,266 $77,866
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