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King's Endowment Fund

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 383294015 ✦ Grand rapids, MI ✦ Designated as a 501(c)(3)

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Overview

What is King's Endowment Fund?

King's Endowment Fund is a nonprofit organization that serves as an endowment to support Gull Lake Bible Conference, a recognized 501(c)(3) entity. Its primary aim is to aid Gull Lake Ministries in their mission to propagate the gospel. This endowment contributes financially to the organization's efforts, thereby assisting in the spread of religious teachings. The fund's activities are centered around this endowment, aiming to bolster the efforts of Gull Lake Ministries in their religious outreach.

Is King's Endowment Fund legitimate?

King's Endowment Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. King's Endowment Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of King's Endowment Fund?

The King's Endowment Fund serves as an endowment, specifically for Gull Lake Ministries. Its primary mission is to provide financial aid, contributing to Gull Lake Bible Conference's efforts to disseminate the gospel. The endowment's goal is to support the ministry in its mission of spreading religious teachings and beliefs. By contributing to the endowment, funds are allocated to assist Gull Lake Ministries in its programming and outreach activities. This support enables the ministry to continue its work in promoting spiritual growth and religious education to its community.

Who is the CEO of King's Endowment Fund?

Max E Smith is the Vice-Ch. of King's Endowment Fund.

What is the revenue of King's Endowment Fund?

King's Endowment Fund's revenue in 2022 was $95,220.

Who are the executives of King's Endowment Fund and what are their salaries?

There 4 volunteers at King's Endowment Fund.


Here are 3 key members and their salaries:


Neil Nyberg (Vice-Ch.)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Dekryter (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Max E Smith (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for King's Endowment Fund?

King's Endowment Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of King's Endowment Fund

King's Endowment Fund is an endowment dedicated to supporting Gull Lake Ministries, a 501(c)(3) organization. Its mission in simple terms is to provide financial aid to Gull Lake Bible Conference, enabling them to propagate the gospel more effectively. By offering funds, King's Endowment Fund plays a crucial role in amplifying Gull Lake Ministries' outreach, helping them spread the gospel message far and wide.

In a broader context, King's Endowment Fund acts as a financial backbone for Gull Lake Bible Conference. By providing financial assistance, the endowment enables the conference to carry out its primary objective of spreading the gospel. This could involve various activities such as organizing religious events, conducting workshops, or offering spiritual guidance. King's Endowment Fund's mission is thus instrumental in helping Gull Lake Bible Conference fulfill its role as a beacon of spiritual enlightenment.

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Impact




October, 2024

King's Endowment Fund significantly impacts the community by providing critical financial support to Gull Lake Ministries, specifically facilitating the operations of the Gull Lake Bible Conference. This funding enables the conference to effectively spread the gospel and engage participants in spiritual growth and faith-based activities. By ensuring the sustainability of these programs, the fund helps foster a vibrant environment for worship, education, and community building in Grand Rapids, MI and beyond. The mission of supporting Gull Lake Ministries aligns with the broader goals of enhancing religious experiences and promoting spiritual outreach, ultimately enriching the lives of many individuals and families.




This information is meant to be a general summary of King's Endowment Fund. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$95,220 (2022)
Expenses
$372,554 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $95,220
  • Gross Receipts: $109,160

Assets and Liabilities:

  • Total Assets: $4,267,950
  • Total Liabilities: $0
  • Net Assets: $4,267,950

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Organization Details

Founding Year

1996

Principal Officer

Max E Smith

Main Address

3000 Kraft Ave SE, Grand Rapids, MI, 49512

NTEE Category

Code: X110 - Religion related

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