Xl Ministries Inc

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

EIN: 841210119 ✦ Westcliffe, CO ✦ Designated as a 501(c)(3)

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Overview

What is Xl Ministries Inc?

Xl Ministries Inc, located in Roanoke, Texas, is a nonprofit organization dedicated to supporting and educating interns pursuing ministerial roles in U.S. churches. With a team of three dedicated individuals, they offer scholarships, training, resources, and aid in ordination exams to 14 interns. Their mission is to provide Biblical education and leadership development for prospective Christian pastors, ministers, youth leaders, and other religious leaders, enabling them to effectively spread God's word.


Official website here: www.xlministries.org

Is Xl Ministries Inc legitimate?

Xl Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Xl Ministries Inc 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: $162,905
Professional Fundraising Fees: $0
Other Salaries and Wages: $159,184

For more financial information, click here


Official website here: www.xlministries.org

What is the mission statement of Xl Ministries Inc?

Xl Ministries Inc's mission is centered around providing education and Biblical training. Their primary goal is to develop capable Christian leaders, including pastors, ministers, youth leaders, and other individuals. This training is designed to enhance their leadership skills, enabling them to effectively spread God's word. The organization provides resources and support to interns undergoing training in various U.S. churches, offering scholarships, training, resources, and assistance with ordination exams.


Official website here: www.xlministries.org

What is the revenue of Xl Ministries Inc?

Xl Ministries Inc's revenue in 2024 was $1,136,423.


Official website here: www.xlministries.org

Who are the executives of Xl Ministries Inc and what are their salaries?

The average compensation at Xl Ministries Inc during 2024 was $40,261. There are 8 employees and 55 volunteers at Xl Ministries Inc.

Here are 8 key members and their salaries:


Brian Murphy (Executive Director)
  • Compensation: $78,941
  • Related: $0
  • Other: $60,000
Rocky Wyatt (President)
  • Compensation: $57,340
  • Related: $0
  • Other: $40,000
Eric Ellis (Director)
  • Compensation: $4,251
  • Related: $0
  • Other: $0
Jonathan Pendrich (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Justin Turner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Riser (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Anderson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryan Chandler (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.xlministries.org

Where can I find the form 990 for Xl Ministries Inc?

Xl Ministries Inc's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.xlministries.org

Learn more at the official website: www.xlministries.org

Mission Statement of Xl Ministries Inc

Xl Ministries Inc is dedicated to providing education and Biblical training to individuals and groups, with a focus on nurturing Christian pastors, ministers, youth leaders, and other Christian leaders. The organization's mission is to equip these individuals with the necessary skills to effectively minister God's Word. By offering educational resources and support, Xl Ministries Inc aims to empower these leaders to make a significant impact in their communities. The organization supports its interns through various means, including scholarships, training, resource provision, and assistance with ordination exams, enabling them to develop their leadership abilities.

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Impact




October, 2024

Xl Ministries Inc significantly impacts communities by providing essential education and biblical training for Christian leaders, including pastors, ministers, and youth leaders. By equipping these individuals with the necessary skills and knowledge, the organization fosters effective ministry that resonates with God’s Word.

In Roanoke, Texas, Xl Ministries directly supports the development of emerging leaders through scholarships and resources, ensuring that interns in various U.S. churches receive the training they need to excel. With 14 interns recently benefiting from these support initiatives, the organization not only enhances their leadership abilities but also strengthens local congregations.

Through dedicated efforts in education and training, Xl Ministries Inc plays a vital role in cultivating a new generation of Christian leadership, ultimately enriching the spiritual lives of the communities they serve.




This information is meant to be a general summary of Xl Ministries Inc. 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
$1,136,423 (2024)
Expenses
$795,176 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $14,563
  • Gross Receipts: $1,136,423

Assets and Liabilities:

  • Total Assets: $215,415
  • Total Liabilities: $3,316
  • Net Assets: $212,099

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Organization Details

Founding Year

1992

Principal Officer

Rocky Wyatt

NTEE Category

Code: X20 - Religion related

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