Nonprofit · EIN 56-1314780
CBM MINISTRIES
Also known as NORTH CAROLINA DIVISION
Tax-exempt · RALEIGH, NC 27614
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $4,942,333 | $2,626,301 | $2,316,032 | $11,981,362 | $436,244 | $11,545,118 |
| December 31, 2023 | 990 | $2,651,371 | $2,472,364 | $179,007 | $9,850,850 | $621,764 | $9,229,086 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $2,837,877
- Program service revenue
- $1,979,077
- Investment income
- $49
- Net rental income
- $99,137
- Net gain from sales of assets
- -$3,499
- Net income from fundraising events
- -$1,746
- Net income from sales of inventory
- $18,714
- Other revenue
- $125,330
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $94,803
- Other salaries and wages
- $1,096,433
- Salaries, compensation and benefits (total)
- $1,446,291
- Professional fundraising fees
- $0
- Accounting fees
- $57,215
- Occupancy
- $211,579
- Travel
- $9,134
- Depreciation
- $336,360
- Program services (functional)
- $2,269,771
- Management and general (functional)
- $261,954
- Fundraising (functional)
- $94,576
Balance sheet and other
- Total assets, start of year
- $9,850,850
- Total assets, end of year
- $11,981,362
- Total liabilities, end of year
- $436,244
- Net assets, end of year
- $11,545,118
- Land, buildings and equipment
- $10,943,333
- Net assets without donor restrictions
- $11,517,807
- Net assets with donor restrictions
- $27,311
- Gross receipts
- $4,969,815
- Employees
- 227
- Volunteers
- 10
- Year formed
- 1991
- State of legal domicile
- NC
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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JEFF BECKETT | EXECUTIVE DIRECTOR (PRIOR) Officer | 40 | $60,229 | $32,400 |
| DAVID TROWER | MEMBER Trustee or director | 1 | $2,174 | $0 |
| BILL PETERSON | CHAIRPERSON Trustee or director, Officer | 1 | $0 | $0 |
| HANK KELEHER | VICE CHAIRPERSON Trustee or director, Officer | 1 | $0 | $0 |
| JOEY HART | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| FRANK LASSITER | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| AMY MARTIN | MEMBER Trustee or director | 1 | $0 | $0 |
| SHANNON SCOTT | MEMBER Trustee or director | 1 | $0 | $0 |
| SHARON STONE | MEMBER Trustee or director | 1 | $0 | $0 |
| BOB TOUCHTON | MEMBER Trustee or director | 1 | $0 | $0 |
| FRANK TYNDALL | MEMBER Trustee or director | 1 | $0 | $0 |
| PHIL BEGANY | MEMBER Trustee or director | 1 | $0 | $0 |
| BRADFORD WINGO | EXECUTIVE DIRECTOR (NEW) Officer | 0 | $0 | $0 |
990 for the year ended December 31, 2023: 13 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JEFF BECKETT | EXECUTIVE DI Officer | 40 | $55,612 | $34,488 |
| DAVID TROWER | MEMBER Trustee or director | 1 | $2,759 | $0 |
| BILL PETERSON | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| FRANK LASSITER | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| JOEY HART | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| HANK KELEHER | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| AMY MARTIN | MEMBER Trustee or director | 1 | $0 | $0 |
| BOB TOUCHTON | MEMBER Trustee or director | 1 | $0 | $0 |
| FRANK TYNDALL | MEMBER Trustee or director | 1 | $0 | $0 |
| PHIL BEGANY | MEMBER Trustee or director | 1 | $0 | $0 |
| MARC MILLS | MEMBER Trustee or director | – | $0 | $0 |
| SHANNON SCOTT | MEMBER Trustee or director | 1 | $0 | $0 |
| SHARON STONE | MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 9927 FALLS OF NEUSE RD, RALEIGH, NC 27614-9770
- Principal officer (990 for 2024)
- BRADFORD WINGO, 9927 FALLS OF NEUSE ROAD, RALEIGH, NC 27614
- Signed the 990
- BRADFORD WINGO, EXECUTIVE DIRECTOR
- Phone
- (919) 847-0764
- Website
- WWW.NEWLIFECAMP.COM
- Return prepared by
- SHARPE PATEL CPA
Mission
NEW LIFE CAMP EXISTS TO LOVE, ACCEPT, AND INTRODUCE CHILDREN AND THEIR FAMILIES TO JESUS CHRIST, AND TO EQUIP THEM TO LIVE LIVES THAT GLORIFY GOD.
Program accomplishments
- NON-DENOMINATIONAL BIBLE CAMPS FOR CHILDREN OF ALL AGES, WITH ACTIVITIES DESIGNED TO SHINE THE LIGHT OF THE GOSPEL OF JESUS CHRIST TO CHILDREN AND YOUTH SO THAT THEY MAY EXPERIENCE NEW LIFE THROUGH A RELATIONSHIP WITH HIM.THIS PROGRAM IS CRAFTED TO PROVIDE A UNIQUE AND FUN ENVIRONMENT THAT ENGAGES CHILDREN AND THEIR FAMILIES WITH THE LOVE OF JESUS AND TEACHES THEM HOW TO FOLLOW HIM WITH THEIR WHOLE HEARTS AND LIVES. SPECIFIC PROGRAMS INCLUDE SUMMER CAMP, OVERNIGHT CAMP, DAY CAMP, MONTHLY EVENTS, AND SOCCER CAMP.Expenses $1,665,212 · revenue $1,533,613
- L.E.A.R.N. SERVES APPROXIMATELY 750 HOMESCHOOLED STUDENTS, OFFERING FUN ACTIVITIES FOR YOUNGER CHILDREN AND SUPPLEMENTAL ACADEMIC COURSES FOR OLDER ONES.NEW LIFE CAMP PROVIDES FALL-TO-SPRING PROGRAMMING FOR HOMESCHOOLED STUDENTS OF ALL AGES, LED BY TRAINED CHRISTIAN STAFF COMMITTED TO SERVING THE LORD AND MINISTERING TO CHILDREN. EACH ACTIVITY IS DESIGNED TO BE ENGAGING AND EXCELLENT, WHILE TEACHING BIBLICAL TRUTHS.Expenses $299,143 · revenue $286,746
- SPORTS CAMPS CHALLENGE PLAYERS TO GROW IN BOTH ATHLETIC SKILL AND THEIR RELATIONSHIP WITH CHRIST IN A CHRIST-CENTERED ENVIRONMENT.NEW LIFE CAMP ATHLETICS TRAINS PLAYERS TO PURSUE EXCELLENCE IN COMPETITION AND FAITH. THROUGH DISCIPLINE, TEAMWORK, AND LIFE LESSONS, ATHLETES ARE ENCOURAGED TO APPLY BIBLICAL TRUTHS BOTH ON AND OFF THE FIELD.Expenses $254,524 · revenue $147,982
- OUTREACHExpenses $50,892 · revenue $29,450
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 56-1314780
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Exempt since
- 1982
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Group exemption
- 8520: CHILDRENS BIBLE MINISTRIES INC
- Assets (IRS master file)
- $11,981,362
- Income (IRS master file)
- $4,969,815
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $4,942,333 | $2,626,301 | $11,981,362 | IRS |
| 990 | December 2023 | $2,651,371 | $2,472,364 | $9,850,850 | XML |
| 990 | December 2022 | $2,538,131 | $2,077,208 | $9,116,064 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 56-1314780).
Questions about CBM MINISTRIES
- What is the EIN of CBM MINISTRIES?
- The employer identification number (EIN) of CBM MINISTRIES is 56-1314780.
- Is CBM MINISTRIES tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1982.
- Which annual return does CBM MINISTRIES 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 CBM MINISTRIES 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 CBM MINISTRIES 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 CBM MINISTRIES?
- The 990 for the year ended December 31, 2024 names BRADFORD WINGO.
- Who are the officers and directors of CBM MINISTRIES?
- The 990 for the year ended December 31, 2024 lists 13 people; 2 received compensation from the organization, the highest $60,229 (JEFF BECKETT, EXECUTIVE DIRECTOR (PRIOR)).
- How much revenue does CBM MINISTRIES have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $4,942,333, expenses of $2,626,301 and total assets of $11,981,362 at year end.
Other nonprofits in RALEIGH
- STATE CHARTERED CREDIT UNIONS INC EIN 56-0475645 · last filed 990-N for 2024
- WAKEMED EIN 56-6017737 · last filed 990 for 2025
- REX HOSPITAL INC EIN 56-1509260 · last filed 990 for 2025
- NORTH CAROLINA ELECTRIC MEMBERSHIP CORPORATION EIN 56-0995910 · last filed 990 for 2025
- NORTH CAROLINA INSURANCE EIN 23-7102759 · last filed 990 for 2025
- NC STATE INVESTMENT FUND INC EIN 31-1607634 · last filed 990 for 2025
- NORTH CAROLINA JOINT UNDERWRITING ASSOCIATION EIN 56-1222676 · last filed 990 for 2025
- FOOD BANK OF CENTRAL & EASTERN NORTH CAROLINA INC EIN 56-1283426 · last filed 990 for 2025