Mission Resource International Inc
- Assets
- $162.1k
- Revenue
- $332.6k
- Investments
- $0.0
- Employees
- 5
- Location
- Columbus, IN
- Founding
- 06/2004
- Data as of
- 12/2021
- EIN
- 11-3675401
Organization Overview
Mission Resource International Inc is located in Columbus, IN. The organization was established in 2004. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2021, Mission Resource International Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mission Resource International Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Mission Resource International Inc generated $332.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $360.6k during the year ending 12/2021. While expenses have increased by 9.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
A CHARITABLE ORGANIZATION WITH THE PURPOSE OF EQUIPPING MINISTRIES/MISSIONS OVERSEAS TO PLANT MORE CHURCHES THROUGH HELPING THEM START SMALL BUSINESSES. THIS IS A FAITH-BASED MINISTRY THAT COMES ALONGSIDE CHRISTIAN INITIATIVES IN THE DEVELOPING WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MISSION RESOURCE GHANA-GHANA, WEST AFRICA-FUNDS WERE SENT TO ESTABLISH NEW BUSINESSES IN GHANA. THE DIRECTOR HELPS TO DETERMINE VIABILITY OF BUSINESSES AND HELPS WITH BUSINESS TRAINING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Ketchum Executive Di | Officer | 40 | $43,000 |
Susan Ketchum Secretary | Officer | 20 | $19,000 |
Jared Odle Treasurer | Officer | 2 | $0 |
Chuck Hegberg Director | Trustee | 1 | $0 |
David Vincent Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $14,200 |
| All other contributions, gifts, grants, and similar amounts not included above | $315,211 |
| Noncash contributions included in lines 1a–1f | $5,015 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $329,411 |
| Total Program Service Revenue | $0 |
| Investment income | $12 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $1,264 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $332,614 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $205,197 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $98,190 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $6,642 |
| Payroll taxes | $7,511 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $112 |
| Advertising and promotion | $108 |
| Office expenses | $4,815 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $6,459 |
| Travel | $15,681 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,101 |
| Interest | $9 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,220 |
| Insurance | $0 |
| All other expenses | $979 |
| Total functional expenses | $360,629 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $91,249 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $6,330 |
| Investments—publicly traded securities | $64,492 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $162,071 |
| Accounts payable and accrued expenses | $3,300 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,300 |
| Net assets without donor restrictions | $158,771 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $162,071 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Mission Resource International Inc has recieved totaling $38,183.
| Awarding Organization | Amount |
|---|---|
Raymond James Charitable Endowment Fund St Petersberg, FL PURPOSE: GENERAL SUPPORT | $20,000 |
American Endowment Foundation Hudson, OH PURPOSE: INTERNATIONAL | $10,000 |
United Way Of Bartholomew County Inc Columbus, IN PURPOSE: DONOR DESIGNATED FOR GENERAL SUPPORT | $7,992 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $191 |
Peer Organizations
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|---|---|---|
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The Global Foodbanking Network Chicago, IL | $18,753,140 | $16,426,499 |
Christel House International Inc Indianapolis, IN | $93,680,993 | $18,546,381 |
Water For Good Indianapolis, IN | $3,104,528 | $5,973,756 |
Outreach International Kansas City, MO | $4,310,238 | $3,767,343 |
Waterequity Inc Kansas City, MO | $22,174,909 | $3,748,536 |
Building Tomorrow Inc Indianapolis, IN | $2,584,263 | $2,537,452 |
Andean Health And Development Inc Madison, WI | $1,250,881 | $2,191,153 |
Maestro Cares Foundation Chicago, IL | $6,243,515 | $3,094,225 |
International Book Project Inc Lexington, KY | $1,015,924 | $2,389,161 |
The Human Development Foundation Of North America Oak Brook, IL | $4,594,028 | $2,738,864 |
Proem Support Ministries Inc Louisville, KY | $1,122,442 | $2,659,855 |