funder logo

McDermott Ministries Inc

McDermott Ministries Inc

Spring, TX, US
501(c)3
EIN
47-4403785
Private Foundation
Family Foundation
Regional Funder
funder logo

McDermott Ministries Inc

Spring, TX, US
501(c)3
EIN
47-4403785
Private Foundation
Family Foundation
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2023

$156,459

Contributions
>99%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Investments
0%
Other
0%
Expenses in 2023

$342,799

Other
62%
Salaries & Benefits
35%
Grants
2%
Offices, Occupancy & IT
<1%
Benefits to Members
0%
Fees to Service Providers
0%
Advertising & Promotion
0%
Interest
0%
Depreciation
0%
Revenues
2022
2023
Change
Contributions
$336,154
$156,459
-53%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$0
$0
-
Other
$0
$0
-
Total Revenues
$336,154
$156,459
-53%
Expenses
2022
2023
Change
Grants
$0
$7,685
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$100,480
$120,000
+19%
Fees to Service Providers
$1,696
$0
-100%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$0
$3,200
-
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$12,241
$211,914
+1631%
Total Expenses
$114,417
$342,799
+200%
Net income
2022
2023
Change
Net income
+$221,737
-$186,340
-184%
Income Statement
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