Midas Touch Ministries Corporation

Overview

Midas Touch Ministries Corporation is a nonprofit organization designated as a religious, spiritual development entity under Protestant categories. It is classified as a 501(c) organization, making donations to this entity tax deductible[1].

Mission

The mission of Midas Touch Ministries Corporation is to provide enrichment tools necessary for individuals to live a spirit-filled, healthy, and victorious life, focusing on those who are destitute in life or spirit[3][4]. The organization operates as a unified entity incorporating various ministries within a single facility[5].

Financial Information

Financial data indicates that Midas Touch Ministries Corporation has seen fluctuating revenues and expenses over the years. In the fiscal year ending December 2022, the organization reported minimal revenue and significant liabilities. In contrast, previous years have shown higher revenues with varying sources, including contributions and program services[1]. Notably, as of 2022, the organization reported total assets of $891 and liabilities of $20,603[1].

Governance and Leadership

Key personnel include Karen C. Frazier as President, Irene Sims as Treasurer, Pearle Robinson as Secretary, and Anissa Atkins as Director/Vice President. None of these officers received compensation during recent reporting periods[1].

Legal Filings

Midas Touch Ministries Corporation is required to file Form 990 or Form 990-EZ annually with the Internal Revenue Service, depending on its revenue and asset levels. These filings provide detailed information about the organization's financial activities, governance, and compliance with tax-exempt regulations[2].