ALAN OWEN MINISTRIES GROUP INC

EIN: 992331961 501(c)(3) Religion

Hermon, ME

Total Revenue
$51,400
Total Expenses
$51,400
Total Assets
N/A
Net Assets
N/A
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Financial Trends

Organization Details

Formation Year
2024
Legal Domicile
AL
Principal Officer
Charles Alan Owen
Phone
2077054782
Tax Period
2024-01-01 to 2024-12-31

ALAN OWEN MINISTRIES GROUP INC, founded in 2024, is a micro nonprofit in the Religion sector that reported $51K in total revenue in fiscal year 2024.

Mission

Religious organization engaging in evangelism and missionary activities.

Program Service Accomplishments

Program 1
Expenses: $50,000 Revenue: $50,000

The organization was transferred a small collection of intellectual property consisting of a collection of eulogies and biographical tributes previously held by the now-dissolved U.K. charity, Owen...

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The organization was transferred a small collection of intellectual property consisting of a collection of eulogies and biographical tributes previously held by the now-dissolved U.K. charity, Owen Ministries Ltd. This intellectual property comprises written tributes honoring deceased children, which were provided at no cost to grieving families for use in funerals, obituaries, memorial services, and online publications. This program aligns with IRS-recognized charitable purposes under IRC Section 501(c)(3) as it: 1. Advances religion and charitable support by offering written memorial tributes that provide emotional comfort, spiritual healing, and remembrance to grieving families. 2. Provides literary and educational contributions by preserving the memory of deceased children through carefully crafted biographical tributes, ensuring that families have access to high-quality, meaningful memorials. 3. Relieves distress by supporting families navigating the grief process, offering compassionate, free-of-charge services that otherwise might require financial resources they do not have.

Program 2
Expenses: $550 Revenue: $0

Donation of computer and technology equipment to a private, nonprofit, christian K-12 School.

Program 3
Expenses: $0 Revenue: $0

The organization generated via work-for-hire intellectual property consisting of a collection of eulogies and biographical tributes previously held by the now-dissolved U.K. charity, Owen Ministries...

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The organization generated via work-for-hire intellectual property consisting of a collection of eulogies and biographical tributes previously held by the now-dissolved U.K. charity, Owen Ministries Ltd. This intellectual property comprises written tributes honoring deceased children, which were provided at no cost to grieving families for use in funerals, obituaries, memorial services, and online publications. This program aligns with IRS-recognized charitable purposes under IRC Section 501(c)(3) as it: 1. Advances religion and charitable support by offering written memorial tributes that provide emotional comfort, spiritual healing, and remembrance to grieving families. 2. Provides literary and educational contributions by preserving the memory of deceased children through carefully crafted biographical tributes, ensuring that families have access to high-quality, meaningful memorials. 3. Relieves distress by supporting families navigating the grief process, offering compassionate, free-of-charge services that otherwise might require financial resources they do not have. The value of the intellectual property was $127,500

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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 (2024)

Revenue Breakdown

Contributions & Grants $51,400
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $51,400

Expense Breakdown

Grants Paid $51,400
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $51,400
Other Expenses $0
TOTAL EXPENSES $51,400

Year-over-Year Comparison

2024 2023 Change
Revenue $51,400 $49,552 +0.0%
Expenses $51,400 $49,552 +0.0%
Net Income $0 $0 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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Governance

Voting Members
1
Independent Members
1
Employees
N/A
Volunteers
1

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
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Charles Alan Owen Director 25
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 $51,400 $51,400 No data No data
2024 $51,400 $51,400 No data No data
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