Rec Ministries

Public charity · Grantmaker Wylie, TX EIN: 03-0404660

Rec Ministries is a public charity focused on religion, based in Wylie, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $461K in total assets.

Key facts about Rec Ministries

EIN
03-0404660
Latest 990 filing
Form 990-EZ, 2024
Total assets
$460,711

Data from IRS Form 990-EZ, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-EZ · View filing

Total Assets

$461K

-32.7% YoY

Revenue

$125K

+91.0% YoY

Expenses

$327K

+34.9% YoY

How Rec Ministries gives

  • Giving held roughly steady from 2020 to 2023 (+8%). Method

From the foundation's IRS Form 990 filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

Ft Worth

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K$20K1 grant2020 1 grant2021 1 grant2022 1 grant2023 0 grants2024

From 2020 to 2023, annual grant giving ranged from $12K (2022) to $17K (2021). In 2023 it made 1 grant totaling $14K.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

4 grants across all recorded years

4<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 4 grants of 4 (100%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$100K$200K$300K$400K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$460,711$684,072$873,549
Revenue$125,123$65,512$136,976
Expenses$327,436$242,674$265,524
Net Investment Income—$-37,151$35,604

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS June 1, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS September 29, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS May 26, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS September 23, 2024)
  5. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Rec Ministries is led by Ronald E. Cottle Sr., President since 2021 (on filings since 2020); 2 of 3 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • Ronald E. Cottle Sr.

    President

    Trustee & President → President, 2021

    On filings since 2020

    40 hrs/week

    $73K (2020) → $72K (2024)

  • Virginia Cornett

    Trustee

    On filings since 2021

    3 hrs/week

    $4K (2021) → $5K (2024)

  • Gloria Thomas

    Trustee

    On filings since 2021

    3 hrs/week

    No compensation reported

Former officers (3)
  • Former: Roman Cottle (2020) — Trustee & Vice President
  • Former: Ronnie Cottle (2020) — Trustee & Secretary Treasurer
  • Former: Thomas Hale (2020) — Trustee & CEO

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Ronald E Cottle Sr — President: $72KRonald E Cottle SrPresident$72KVirginia Cornett — Trustee: $5KVirginia CornettTrustee$5K

The highest reported compensation on the 2024 filing was $72K, to Ronald E Cottle Sr (President). 2 officers or directors reported compensation on that filing.

Frequently asked questions about Rec Ministries

How large is Rec Ministries?

Rec Ministries reported $461K in total assets on its 2024 IRS Form 990-EZ. Its revenue that year was $125K.

What is Rec Ministries?

Rec Ministries is a public charity focused on religion, based in Wylie, TX. It holds $461K in total assets as of 2024.

Where does Rec Ministries operate?

Rec Ministries has awarded grants in Texas.

What is Rec Ministries's EIN?

Rec Ministries's EIN (Employer Identification Number) is 03-0404660. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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