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Filing year 2024

BANNER OF FAITH MINISTRIES INC

San Juan, Texas·EIN 20-4261504·NTEE B200 · Education·501(c)(3)
Total revenue
$453k
Total assets
$280k
Total expenses
$479k
Reported officers
3
Mission

OUR PRIMARY PURPOSE IS TO SUPPORT A SCHOOL, A BIBLE INSTITUTE, A SUMMER CAMP, BEGIN CHURCHES AND BIBLE STUDIES AND TO CONTINUE OPERATING EXISTING CHURCHES.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Education organizations in Texas.

President
10th to 25th percentile
$24k
$25k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 2 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at BANNER OF FAITH MINISTRIES INC equaled 5% of the organization's total expenses. The median for education organizations is 7%.

This organization (2024)
5%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Down 14%
from 2023

From $28k in 2023 to $24k in 2024.

$28k
2023
$24k
2024
In today's dollarsEst.
Down 17% in real terms$31k to $25k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay fell 14% from 2023 to 2024, while revenue fell 20%.

$28k in 2023 to $24k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about BANNER OF FAITH MINISTRIES INC

What does the Chief Executive Officer of BANNER OF FAITH MINISTRIES INC earn?

In 2024, the Chief Executive Officer of BANNER OF FAITH MINISTRIES INC received $24,000 in total compensation. This pay is in the bottom quarter for Chief Executive Officer roles among Education organizations in Texas, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at BANNER OF FAITH MINISTRIES INC compare with similar nonprofits?

Compared with the same role at Education organizations in Texas, the 2024 pay of the Chief Executive Officer at BANNER OF FAITH MINISTRIES INC falls between the 10th and 25th percentiles. In 2024, the highest total compensation at BANNER OF FAITH MINISTRIES INC equaled 5% of the organization's total expenses. The median for education organizations is 7%.

What are BANNER OF FAITH MINISTRIES INC's revenue and expenses?

In 2024, BANNER OF FAITH MINISTRIES INC reported $453k in total revenue and $479k in total expenses on its IRS Form 990.

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