Public Charity

Founders Ministries Inc

Founders Ministries Inc is a Public Charity headquartered in Cape Coral, FL. Financial data from the 2024 filing: $1.4M revenue, $2.0M expenses, $1.3M total assets. 8 publicly reported grants to this organization, totaling roughly $1.2M, appear in IRS filings.

EIN: 650243661 Cape Coral, FL Latest filing: 2024
Total Revenue$1.4M
Total Expenses$2.0M
Total Assets$1.3M
Grant Records8
Funding Total$1.2M
Filing Years2019–2024

Mission

PROCLAIM THE GOSPEL OF JESUS CHRIST THROUGH A MINISTRY OF TEACHING AND ENCOURAGEMENT PROMOTING BOTH DOCTRINE AND DEVOTION EXPRESSED IN THE DOCTRINES OF GRACE AND THEIR EXPERIENTIAL APPLICATION TO THE LOCAL CHURCH, PARTICULARLY IN THE AREAS OF WORSHIP AND WITNESS.

Officers & Directors

Secretary Bill Ascol
Exec. Director Chris Faro
Director Don Kiah
Director Jason Glas
Director of Admin Kerry Regnier
President Thomas K Ascol

Officer compensation and complete director data available with membership.

Top Grant Purposes

RELIGION RELATED
$526,300 1 grant
OPERATIONS
$505,542 2 grants
For grant recipient's exempt purposes
$53,273 1 grant
EDUCATION
$52,000 1 grant
MULTIPLE
$14,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $1.4M $2.0M $1.3M
2023 $1.7M $1.4M $1.9M
2022 $1.4M $1.1M $1.6M
2020 $1.0M $426K $935K
2019 $372K $344K $343K

Between 2019 and 2024, reported annual revenue grew from $372K to $1.4M (+270%), with total assets most recently reported at $1.3M.

Interactive year-over-year charts and full filing details available with membership.

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