Cloud Walk Worldwide Inc
- Assets
- $1.6m
- Revenue
- $398.7k
- Investments
- $0.0
- Employees
- 3
- Location
- Milton, GA
- Founding
- 04/2006
- Data as of
- 12/2022
- EIN
- 20-1498565
Organization Overview
Cloud Walk Worldwide Inc is located in Milton, GA. The organization was established in 2006. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2022, Cloud Walk Worldwide Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cloud Walk Worldwide 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 12/2022, Cloud Walk Worldwide Inc generated $398.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $491.6k during the year ending 12/2022. While expenses have increased by 5.7% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
OUR PRIMARY PURPOSE IS TO SERVE OTHERS IN EXPERIENCING A PERSONAL AND LOVING RELATIONSHIP WITH GOD. WE DO THIS THROUGH CREATING ENVIRONMENTS AND EXPERIENCES FOR PEOPLE TO COME TO KNOW IN THEIR HEARTS OUR LIVING HEAVENLY FATHER. SPECIFICALLY WE PROVIDE SPIRITUAL MENTORING, SMALL GROUP PROGRAMS, GUIDED PRAYER TIMES, RETREATS, AND GROUP SPIRITUAL FACILITATION ALL DIRECTED AT OUR STATED PURPOSE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
2022 PROGRAM ACCOMPLISHMENTS:ONE-ON-ONE SPIRITUAL MENTORING AND DIRECTION: WE SERVED OVER 100 PEOPLE DURING THE YEAR RANGING FROM MEETING ONE TIME A WEEK TO SEMI-ANNUALLY. OUR GOAL WAS TO GUIDE THEM IN THEIR PRAYER LIFE TO TURN TO GOD AND HIS WORD FOR ANSWERS TO THEIR MOST SIGNIFICANT LIFE ISSUES.SMALL GROUPS: OUR REVEAL PROGRAM SERVED A TOTAL OF 127 MEN AND WOMEN DURING THE YEAR. RETREATS:LAVISH WOMEN'S RETREAT: WE HAD OVER 150 WOMEN ATTENDED LAVISH EVENTS.SILENT RETREAT: THIS IS A 1 DAY OR 3-DAY SILENT RETREAT WHERE PARTICIPANTS ARE REMOVED FROM THE NOISE OF THE WORLD AND ARE ABLE TO REST IN SILENT PRAYER BEFORE GOD. IN TOTAL WE SERVED 55 PEOPLE.GROUP SPIRITUAL FACILITATION: WE PROVIDED GROUP FACILITATION FOR THE FOLLOWING ORGANIZATIONS:- SOULY BUSINESS - 830 MEN- WORSHIP CIRCLE REST RETREAT - 220 MEN & WOMEN- HAGGAI INTERNATIONAL - 7 MEN & WOMEN- BROOKWOOD CHURCH - 12 MEN & WOMENTHINSPACE PODCAST: WE RELEASED 9 EPISODES WITH OVER 11,660 PLAYS OR PEOPLE WHO LISTENED ACROSS 74 COUNTRIES.TOTAL NUMBER OF LISTENS TO OUR THINSPACE PODCAST (2020 - 2022): - LISTENS: 38,851- COUNTRIES: 74- EPISODES: 46ESTIMATED TOTAL PEOPLE SERVED ACROSS MINISTRY THROUGH ALL PROGRAMS: OVER 13,000
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Larry Green Executive Director | OfficerTrustee | 40 | $112,432 |
Esther Pigg Treasurer | OfficerTrustee | 5 | $0 |
Rick Carnett Chairman | OfficerTrustee | 5 | $0 |
Mike Kelly Director | Trustee | 2 | $0 |
Pearl Dresser Secretary | OfficerTrustee | 2 | $0 |
Michael Moore Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $47,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $531,491 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $578,991 |
| Total Program Service Revenue | $85,975 |
| Investment income | -$274,529 |
| 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 | $398,749 |
| 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. | $198,599 |
| Compensation of current officers, directors, key employees. | $19,860 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $81,321 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,670 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,761 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $40,815 |
| Advertising and promotion | $0 |
| Office expenses | $8,733 |
| Information technology | $15,045 |
| Royalties | $0 |
| Occupancy | $49,650 |
| Travel | $5,127 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,092 |
| Insurance | $1,031 |
| All other expenses | $6,755 |
| Total functional expenses | $491,635 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $130,282 |
| 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 | $12,428 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $1,483,531 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,626,241 |
| Accounts payable and accrued expenses | $7,015 |
| 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 | $7,015 |
| Net assets without donor restrictions | $1,619,226 |
| 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 | $1,626,241 |