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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Founders Ministries Inc

Founders Ministries Inc

Fiscal year ending 2024. Filed on November 17, 2025.

PO Box 150931
Cape Coral, Florida 33915

Founders Ministries Inc (EIN: 65-0243661) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Founders Ministries Inc, a 501(c)(3) charitable organization, reported compensation for 3 out of 11 total employees. Among the employees shown here, the average compensation is $103,278. The highest compensated employee at Founders Ministries Inc is Chris Faro with fiscal year 2024 compensation of $110,333.

Revenue, expenses, and employee compensation

Revenue

$1,376,521

Expenses

$1,955,645

Employee compensation

$458,157
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Chris Faro
Executive Director
$110,333
$110,333 No related compNo other comp
Kerry Regnier
Director of Administration
$107,000
$107,000 No related compNo other comp
Thomas K Ascol
President
$92,500
$92,500 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Voddie Baucham
Director
$3,000
$3,000 No related compNo other comp
Don Kiah
Director
No compensation reported
Jason Glas
Director
No compensation reported
William Willcutts
Director
No compensation reported
Travis Allen
Chair
No compensation reported
Bill Ascol
Secretary
No compensation reported

Mission Statement

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.

Revisions to this organization profile

November 17, 2025:
2024 Founders Ministries Inc 990 filed
November 13, 2024:
2023 Founders Ministries Inc 990 filed
November 14, 2023:
2022 Founders Ministries Inc 990 filed

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