ETERNAL IMPACT MINISTRIES

EIN: 931268446 501(c)(3) Religion

OREGON CITY, OR

Total Revenue
$136,158
Total Expenses
$192,705
Total Assets
$133,463
Net Assets
$130,495
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
OR
Phone
5417288789
Tax Period
2022-01-01 to 2022-12-31

ETERNAL IMPACT MINISTRIES, founded in 2004, is a small nonprofit in the Religion sector that reported $136K in total revenue in fiscal year 2022. Revenue fell 44% from the prior year — a significant decline worth monitoring. Expenses of $193K exceeded revenue, resulting in a 42% operating deficit.

Mission

Eternal Impact Ministries is a religious organization that equips and supports leaders and future leaders in ministry.

Program Service Accomplishments

Program 1
Expenses: $21,318 Revenue: $0

The manager of operations of Eternal Impact Ministries is involved in traveling worldwide in the effort of learning and providing seminars classes for teaching christian apologetics.

Program 2
Expenses: $18,939 Revenue: $0

The Executive Director and leadership group participated in equipping and supporting new and developing pastors in Uganda through education mission trips and financial support.

Program 3
Expenses: $7,945 Revenue: $0

Provide office collaboration and meeting areas as by other non-profits as well as for-profit organizations. The fee or rent for these areas will be used to reduce the overall cost of occupancy for...

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Provide office collaboration and meeting areas as by other non-profits as well as for-profit organizations. The fee or rent for these areas will be used to reduce the overall cost of occupancy for Eternal Impact Ministries. The gross revenue for these activities was $6,388 less occupancy costs of $25,455 results in net revenue loss of $19,067. The expenses shown here of $7,945 represents the depreciation of leasehold improvements and equipment that are part of the facilities rented.

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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 $153,139
Program Service Revenue $0
Investment Income $2,086
Other Revenue $-19,067
TOTAL REVENUE $136,158

Expense Breakdown

Grants Paid $18,706
Salaries & Benefits $93,360
Fundraising Expenses $0
Program Expenses $48,202
Other Expenses $80,639
TOTAL EXPENSES $192,705

Year-over-Year Comparison

2022 2021 Change
Revenue $136,158 $241,092 -0.4%
Expenses $192,705 $246,043 -0.2%
Net Income $-56,547 $-4,951 +10.4%
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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Governance

Voting Members
5
Independent Members
3
Employees
3
Volunteers
14

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
$71,400
Total Directors
5
$80,317
Key Employees
1
$71,400
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
John Garrick Executive Director and President 55.00
Officer Director Key Emp Highest
$32,400 $39,000 $71,400
Jennifer Garrick Director 7.50
Director
$8,917 $0 $8,917
Glen Fenstermacher Director 0.50
Director
$0 $0 $0
Rod McNeff Director 0.50
Director
$0 $0 $0
Kathy McNeff Director 0.50
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 $136,158 $192,705 $133,463 $-56,547
2021 $241,092 $246,043 $195,736 $-4,951
2020 $219,413 $223,802 $197,139 $-4,389
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