Overview

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Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

Lake Area Shared Ministries is a nonprofit organization dedicated to providing resident assistance with living needs, primarily within the realm of Protestantism. With an operating budget of $63.6K and total revenue of $144.4K for the 2024 filing year, the organization receives funding from multiple sources, with no single funder contributing 50% or more of its revenue. While specific geographic details are not provided, the organization's mission reflects a commitment to supporting community members in need.

Mission Statement

RESIDENT ASSISTANCE WITH LIVING NEEDS
Revenues
$144.4K
Expenses
$91.6K
Net Income:
+$52.8K
Assets
$195.7K
Liabilities
$0
Net Assets:
+$195.7K
Operating Budget
$63.6K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
2
Median grant size
$61.4K
Largest grant received
$97.8K
V
Vonda Jack
Board Member
L
Lois Rayl
Board Member
P
Phillip Paschal
Board Member

Frequently Asked Questions

What is LAKE AREA SHARED MINISTRIES’s budget?
In 2024, LAKE AREA SHARED MINISTRIES reported an annual operating budget of around $64 thousand. More detailed financial information is available to registered users.
What causes does LAKE AREA SHARED MINISTRIES support?
LAKE AREA SHARED MINISTRIES supports work in Protestantism.
Where does LAKE AREA SHARED MINISTRIES operate?
LAKE AREA SHARED MINISTRIES is headquartered in Quinlan, TX.
Who funded LAKE AREA SHARED MINISTRIES recently?
In 2024, LAKE AREA SHARED MINISTRIES received grants from NORTH TEXAS FOOD BANK, FARMERS ELECTRIC CHARITABLE FOUNDATION, and FARMERS ELECTRIC CHARITABLE FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant LAKE AREA SHARED MINISTRIES received in 2024?
The largest grant to LAKE AREA SHARED MINISTRIES in 2024 exceeds $98 thousand.