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Nonprofit · EIN 20-4721044

CAPSTONE MINISTRIES INC

Tax-exempt · MITCHELL, IN 47446

Financials

$231K$245K2023$248K$248K2024
Revenue Expenses · by fiscal year end
Financials of CAPSTONE MINISTRIES INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$247,501$247,669-$168$162,664$14,776$147,888
December 31, 2023990$230,947$244,640-$13,693$167,105$20,704$146,401
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$634
Program service revenue
$0
Investment income
$246,481
Net gain from sales of assets
$245,776
Other revenue
$386

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$132,972
Salaries, compensation and benefits (total)
$143,531
Professional fundraising fees
$0
Accounting fees
$1,675
Occupancy
$18,053
Program services (functional)
$247,669

Balance sheet and other

Total assets, start of year
$167,105
Total assets, end of year
$162,664
Total liabilities, end of year
$14,776
Net assets, end of year
$147,888
Land, buildings and equipment
$126,651
Gross receipts
$247,762
Employees
12
Volunteers
5
Year formed
2006
State of legal domicile
IN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
PENNYPARISH
Key employee
40$28,634
990 for the year ended December 31, 2023: 1 people
NameTitleHours / weekCompensation
PENNYPARISH
Key employee
40$27,969

Address and contacts

Address (IRS master file)
701 W MAIN ST, MITCHELL, IN 47446-1414
In care of
% CARE OF DARRIN CHASTAIN
Principal officer (990 for 2024)
DARREN CHASTAIN, 742 LINCOLN RD, MITCHELL, IN 47446
Signed the 990
DARREN CHASTAIN, TREASURER
Phone
(812) 797-8714
Return prepared by
Nolan & Associates Inc

Mission

TO SUPPORT THE COMMUNITY THROUGH FINANCIAL AID

990 for the year ended December 31, 2024

Program accomplishments

  • THE ORGANIZATION OWNS/OPERATES A USED CLOTHING STORE. ACCEPTING CLOTHES AND MERCHANDISE DONATIONS AND PROVIDING THEM AT A LOW COST TO THE COMMUNITY.
    Expenses $247,669 · revenue $247,501

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
20-4721044
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2006
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P29)
Assets (IRS master file)
$162,664
Income (IRS master file)
$247,762

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$247,501$247,669$162,664XML
990December 2023$230,947$244,640$167,105XML
990December 2022$232,391$223,668$188,617IRS
990December 2021–––IRS
990-EZDecember 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-4721044).

Questions about CAPSTONE MINISTRIES INC

What is the EIN of CAPSTONE MINISTRIES INC?
The employer identification number (EIN) of CAPSTONE MINISTRIES INC is 20-4721044.
Is CAPSTONE MINISTRIES INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
Are donations to CAPSTONE MINISTRIES INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CAPSTONE MINISTRIES INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of CAPSTONE MINISTRIES INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CAPSTONE MINISTRIES INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of CAPSTONE MINISTRIES INC?
The 990 for the year ended December 31, 2024 names DARREN CHASTAIN.
Who are the officers and directors of CAPSTONE MINISTRIES INC?
The 990 for the year ended December 31, 2024 lists 1 person; 1 received compensation from the organization, the highest $28,634 (PENNY, PARISH).
How much revenue does CAPSTONE MINISTRIES INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $247,501, expenses of $247,669 and total assets of $162,664 at year end.

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