Newthing Nfp
- Assets
- $777.2k
- Revenue
- $939.4k
- Investments
- $0.0
- Employees
- 16
- Location
- Naperville, IL
- Founding
- Data as of
- 09/2023
- EIN
- 20-4627269
Organization Overview
Newthing Nfp is located in Naperville, IL. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 09/2023, Newthing Nfp employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Newthing Nfp is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
NEWTHING'S MISSION IS TO BE A CATALYST FOR REPRODUCING DISCIPLES, LEADERS, CHURCHES, NETWORKS, AND MOVEMENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR PRIMARY CLIENTS ARE CHURCHES WHO ARE COMMITTED TO THE MISSION OF HELPING PEOPLE FIND THEIR WAY BACK TO GOD. WE TRAIN AND EQUIP THE LEADERS OF THOSE CHURCHES TO REPRODUCE DISCIPLES, LEADERS, CHURCHES, NETWORKS AND MOVEMENTS. AT THE END OF 2022, WE HAD ESTABLISHED 1696 NETWORKS OF CHURCHES IN 9 GLOBAL REGIONS AND 41 COUNTRIES. BY THE END OF 2023, WE ESTABLISHED 298 NEW NETWORKS OF CHURCHES AND EXPANDED INTO 6 NEW COUNTRIES. OVER 14,000 CHURCHES AND OVER 50,000 LEADERS WERE TRAINED IN 2023.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patrick O'connell Executive Di | OfficerTrustee | 40 | $79,000 |
Dave Ferguson President | OfficerTrustee | 20 | $32,000 |
Jonathan Ferguson Director | OfficerTrustee | 20 | $25,000 |
John Ciesniewski Treasurer | OfficerTrustee | 2 | $0 |
Leanna Weber Secretary | OfficerTrustee | 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 | $844,402 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $844,402 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $939,402 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,086,627 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $41,820 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,128,447 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $447,159 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $330,000 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $777,159 |
| Accounts payable and accrued expenses | $54,110 |
| 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 | $54,110 |
| Net assets without donor restrictions | $688,000 |
| Net assets with donor restrictions | $35,049 |
| 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 | $777,159 |