Workmatters
- Assets
- $710.0k
- Revenue
- $943.6k
- Investments
- $0.0
- Employees
- 10
- Location
- Rogers, AR
- Founding
- 01/2004
- Data as of
- 12/2023
- EIN
- 20-0246317
Organization Overview
Workmatters is located in Rogers, AR. The organization was established in 2004. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2023, Workmatters employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Workmatters 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 12/2023, Workmatters generated $943.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $1.2m during the year ending 12/2023. While expenses have increased by 10.1% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TRANSFORM THE WORKPLACE BY EQUIPPING CHRISTIAN LEADERS TO INTEGRATE THEIR FAITH AND WORK.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE WORKMATTERS INSTITUTE IS OUR PREMIER FAITH AND LEADERSHIP DEVELOPMENT PROGRAM FOR CHRISTIAN LEADERS WHO WANT TO INTEGRATE THEIR FAITH AND WORK. IN 2022 WE EXECUTED THREE PROGRAM FORMATS: 1) WMI-ARKANSAS, WHICH CONSISTED OF A 12-WEEK CLASS AND 12-MONTH MENTORSHIP PROGRAM WITH 36 LEADERS, 2) WMI-ONLINE, WHICH CONSISTED OF AN 8-WEEK CLASS WITH TWO DIFFERENT COHORTS TOTALING 31 LEADERS, AND 3) WMI-ONLINE FOR SENIOR LEADERS, WHICH CONSISTED OF AN 8-WEEK COHORT WITH 15 SENIOR LEADERS. 82 LEADERS WERE EQUIPPED THROUGH WMI, A 17% INCREASE OVER 2021.
WORKMATTERS PRODUCES FREE AND PAID PRINTED AND DIGITAL RESOURCES TO HELP CHRISTIAN MEN AND WOMEN INTEGRATE THEIR FAITH AND WORK. THESE INCLUDE DEVOTIONAL RESOURCES ON THE YOUVERSION BIBLE APP, WEEKLY BLOG AND FAITH AND LEADERSHIP VIDEOS, BIBLE STUDIES, AND ON-DEMAND LEARNING CONTENT FEATURING VIDEO COURSES AND FORMER CONFERENCE TALKS. TOTAL REACH ACROSS THESE RESOURCE FORMATS IN 2022 WAS OVER 170,000 PEOPLE ACROSS THE WORLD.
THE WORKMATTERS CONFERENCE AND EXECUTIVE AFTER-PARTY IS A ONE-DAY EVENT CREATED TO EQUIP CHRISTIAN LEADERS TO INTEGRATE THEIR FAITH AND WORK. THE EVENT WAS THEMED "TRANSFORM YOUR VISION FOR WORK, AND FEATURED NATIONAL SPEAKERS ACROSS KEYNOTE, PANEL DISCUSSION, AND WORKSHOP FORMATS. THERE WERE 482 ATTENDEES ACROSS 4 COUNTRIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Blair Chairman | OfficerTrustee | 4 | $0 |
Marco Reyes Secretary | OfficerTrustee | 2 | $0 |
Marc Yount Treasurer | OfficerTrustee | 2 | $0 |
Cheryl Bachelder Director | Trustee | 2 | $0 |
Mark Saviers Director | Trustee | 2 | $0 |
Elise Mitchell Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $927,916 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $927,916 |
| Total Program Service Revenue | $5,277 |
| Investment income | $9,369 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $943,590 |
| 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 | $0 |
| Compensation of current officers, directors, key employees. | $299,251 |
| Compensation of current officers, directors, key employees. | $47,841 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $497,531 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $71,928 |
| Payroll taxes | $60,953 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $21,072 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $51,716 |
| Advertising and promotion | $18,827 |
| Office expenses | $9,307 |
| Information technology | $21,918 |
| Royalties | $0 |
| Occupancy | $18,520 |
| Travel | $11,982 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $15,513 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $888 |
| Insurance | $5,489 |
| All other expenses | $0 |
| Total functional expenses | $1,213,160 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $571,310 |
| 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 | $13,028 |
| Net Land, buildings, and equipment | $4,563 |
| Investments—publicly traded securities | $121,126 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $710,027 |
| Accounts payable and accrued expenses | $22,552 |
| 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 | $22,552 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $675,248 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $12,227 |
| Total liabilities and net assets/fund balances | $710,027 |