Teleios Ministry

Tax-deductible

Walhalla, SC501(c)(3)ReligionEIN 57-1109271Revenue $1.2M in FY2024

On file with the IRSteleiosministry.org223 Lakeside Dr, 29691-1653 · Walhalla, SCTax-exempt since Dec 2001Publicly supported charity — 170(b)(1)(A)(vi)

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Teleios Ministry assists indigenous groups and leaders in developing their vision into sustainable ministries or entities. The major activities are related to Ministry assistance, leadership, comunity/child development

501(c)(3) charity; gifts are tax-deductible.
96¢ of each $1 spent went to programs.
Run by 325 volunteers and 8 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $25K a year · 2% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
96%
of spending
Looks good: 96% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
3 mo
of spending, in cash
Looks good: 3.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $69K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$12K
2% of total assets
Looks good: liabilities are 2% of assets; 50% or less.
Pt X · Ln 26
Independent board members
4
of 6 voting members
Looks good: 4 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.2M
-10% vs prior year
Spent
$1.4M
To programs
96%
Net assets
$618K
By yearFY2020–FY2024
Revenue
$1.2M
FY2024▼ -10%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.0M
FY2021$1.3M
FY2022$1.4M
FY2023$1.3M
FY2024$1.2M
Expenses
$1.4M
FY2024▲ +10%
Tap a bar for its year
Expenses by fiscal year
FY2020$976K
FY2021$1.1M
FY2022$1.3M
FY2023$1.3M
FY2024$1.4M
Net assets
$618K
FY2024▼ -28%
Tap a bar for its year
Net assets by fiscal year
FY2020$613K
FY2021$805K
FY2022$902K
FY2023$863K
FY2024$618K

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Dec 2001.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

96 cents of each dollar spent went to programs.

Program services 96% · $1.4M Management & general 3% · $44K Fundraising 1% · $7K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

7 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Teleios Ministry executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Helps indigenous groups develop sustainable ministries and community programs.

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Provided by the organization

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3 programs · $1.0M · in their own filed words · FY2024
01

Continuing support of two childrens home facilities and related staffing and other operating expenses. Financial support for secondary school and both scholarships and continuing alumni support to develop business enterprise that will provide greater financial self-sustainability.

$481Kprogram expense
02

Continued to emphasize local empowerment and leadership development efforts during hte year. Funds provided for continuing community water resource development, sponsorships for orphans and vulnerable children, hunger relief, and education ministry infrastructure.

$343Kprogram expense
03

Continued support for leadership development, training in business entrepreneurship, church growth and support of childrens home. Support for leadership and mentorship to continue movement toward greater economic and strategic self-sufficiency.

$207Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 3 funders$69K
See all 3 funders →
Grants paid · 27 grants · $611K · 2020–2024
Unitemized GrantFY2024$51,782
20 Additional OrganizationsFY2024$27,900
Unitemized GrantFY2024$7,050
Daf- Teleios MinistryFY2024$5,000
Unitemized GrantFY2023$66,990
Unitemized GrantFY2023$34,681
7 Additional Organizations Less Than 5000 EachFY2023$12,100
Unitemized GrantFY2022$64,559
Unitemized GrantFY2022$24,000
8 Additional Small Grants Not 5000FY2022$22,137
Unitemized GrantFY2022$20,142
Unitemized GrantFY2022$18,000
Unitemized GrantFY2022$11,679
Acts FellowshipFY2022$9,800
Teleios MinistryFY2022$5,000
See all 27 grants →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$1.2M
Ln 12
Gifts and grantsLn 1h$1.1M
Fees for servicesLn 2g$198K
Investment incomeLn 3$4K
Money outPt IX
$1.4M
Ln 25
Programscol B$1.4M
Managementcol C$44K
Fundraisingcol D$7K
Owns and owesPt X
$618K
net assets · Ln 32
Cash and savingsLn 1–2$383K
Total assetsLn 16$630K
LiabilitiesLn 26$12K
PeoplePt VI, VII
7
listed · VII A
PaidVII A0
Voting boardVI 1a6
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.1M
Fees for servicesLn 2g$198K
Investment incomeLn 3$4K
Gains on assetsLn 7−$96K
Total revenueLn 12$1.2M
Assets in detailPt X, end of year
CashLn 1$209K
SavingsLn 2$174K
Cash and savings togetherLn 1–2$383K
Land, buildings, equipmentLn 10c$237K
Total assetsLn 16$630K
LiabilitiesLn 26$12K
Net assetsLn 32$618K
OperationsPt I, VI
EmployeesI 58
VolunteersI 6325
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$420K$383K
Land, buildings, equipmentLn 10c$577K$237K
Total assetsLn 16$998K$630K
LiabilitiesLn 26$135K$12K
Net assetsLn 32$863K$618K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$100K$100K
Grants to domestic individualsLn 2$59K$59K
Grants and assistance to foreign recipientsLn 3$1.0M$1.0M
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$150K$150K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$14K$14K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$0
Lobbying feesLn 11d$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$0
Office expensesLn 13$11K$11K$183
Information technologyLn 14$355
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$21K$21K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$3K$3K
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$8K$8K
Other expenses (24a–d)Ln 24$17K$8K$2K$7K
All other expensesLn 24e$0
Total functional expensesLn 25$1.4M$1.4M$44K$7K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $1.2M$1.4M−$245K$618K 990 PDF
FY2023 $1.3M$1.3M$9K$863K 990 PDF
FY2022 $1.4M$1.3M$97K$902K 990 PDF
FY2021 $1.3M$1.1M$192K$805K 990 PDF
FY2020 $1.0M$976K$71K$613K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $1,167,713 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,141,069$1,061,734
I-9 Program service revenuePrior year $153,382$197,761
I-10 Investment incomePrior year $2,085−$91,782
I-11 Other revenue$0
I-12 Total revenuePrior year $1,296,536$1,167,713
I-13 Grants and similar amounts paidPrior year $1,107,332$1,189,432
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $124,623$164,176
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $55,103$59,281
I-18 Total expensesPrior year $1,287,058$1,412,889
I-19 Revenue less expensesPrior year $9,478−$245,176
Part VI · Governance 4 of 6 board members independent, 1 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members4
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,167,713 across 6 lines filed
VIII-1f All other contributions, gifts and grants$977,679
VIII-1h Total contributions, gifts and grants$1,061,734
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $197,761$197,761
VIII-3 Investment incomeUnrelated business $4,184$4,184
VIII-7 Net gain or loss on sales of assetsUnrelated business −$95,966−$95,966
VIII-12 Total revenueRelated to mission $197,761 · Unrelated business −$91,782$1,167,713
Part IX · Statement of functional expenses $1,412,889 across 30 lines filed
IX-1 Grants to domestic organizationsPrograms $100,203$100,203
IX-2 Grants to domestic individualsPrograms $58,833$58,833
IX-3 Grants and assistance to foreign recipientsPrograms $1,030,396$1,030,396
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $150,194$150,194
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxesPrograms $13,982$13,982
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting fees$0
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$0
IX-12 Advertising and promotion$0
IX-13 Office expensesManagement $10,512 · Fundraising $183$10,695
IX-14 Information technology$355
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 TravelManagement $20,824$20,824
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 InterestManagement $3,284$3,284
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 InsuranceManagement $7,587$7,587
IX-24 Other expenses (24a–d)Programs $7,560 · Management $1,928 · Fundraising $7,048$16,536
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $1,361,168 · Management $44,135 · Fundraising $7,231$1,412,889
Part X · Balance sheet $630,240 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $420,345$209,039
X-2 Savings and temporary cash investments$174,401
X-9 Prepaid expenses and deferred charges$9,421
X-10c Land, buildings and equipment, netStart of year $577,379$237,379
X-16 Total assetsStart of year $997,724$630,240
X-17 Accounts payable and accrued expensesStart of year $8,199$11,312
X-26 Total liabilitiesStart of year $134,530$12,222
X-27 Net assets without donor restrictionsStart of year $863,194$618,018
X-32 Total net assets or fund balancesStart of year $863,194$618,018
X-33 Total liabilities and net assetsStart of year $997,724$630,240
Part XI · Reconciliation of net assets $618,018 net assets at year end
XI-1 Total revenue$1,167,713
XI-2 Total expenses$1,412,889
XI-3 Revenue less expenses−$245,176
XI-4 Net assets at start of year$863,194
XI-10 Net assets at end of year$618,018

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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