Overseas Ministries Study Center
- Assets
- $0.0
- Revenue
- $545.8k
- Investments
- $0.0
- Employees
- 7
- Location
- Princeton, NJ
- Founding
- 05/1941
- Data as of
- 06/2021
- EIN
- 22-1508637
Organization Overview
Overseas Ministries Study Center is located in Princeton, NJ. The organization was established in 1941. As of 06/2021, Overseas Ministries Study Center employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Overseas Ministries Study Center 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 06/2021, Overseas Ministries Study Center generated $545.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (9.2%) each year. All expenses for the organization totaled $361.5k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (25.4%) per year over the past 6 years. 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
OMSC SEEKS TO STRENGTHEN THE CHRISTIAN WORLD MISSION BY PROVIDING PROGRAMS FOR THE RENEWAL OF MISSIONARIES & INTERNATIONAL CHURCH LEADERS, CONTINUING EDUCATION IN THE CROSS-CULTURAL CHRISTIAN MINISTRIES &ADVANCEMENT OF MISSION SCHOLARSHIP THROUGH RESEARCH & PUBLICATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONDUCT STUDY, REST AND RECREATION PROGRAMS FOR FURLOUGHED MISSIONARIES. ALSO THE PULICATION OF AN EDUCATIONAL EVANGELISTIC JOURNAL PROVIDING EDUCATIONAL MATERIALS TO MISSIONARIES HOME AND OVERSEAS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas J Hastings Executive Director | Officer | 35 | $126,862 |
Rer Joseph Delahunt Secretary | OfficerTrustee | 1 | $0 |
Joel Carpenter President | OfficerTrustee | 1 | $0 |
Dr John Nwangwu Vice Presidenttrustee | OfficerTrustee | 1 | $0 |
John Mullins Treasurertrustee | OfficerTrustee | 1 | $0 |
Dr Tite Tienou Trustee | Trustee | 1 | $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 | $36,151 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $36,151 |
| Total Program Service Revenue | $36,746 |
| Investment income | $472,531 |
| 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 | $545,753 |
| 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. | $133,862 |
| Compensation of current officers, directors, key employees. | $26,772 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $11,681 |
| Other employee benefits | $29,050 |
| 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 | $35,182 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $38,271 |
| 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 | $3,817 |
| Insurance | $4,339 |
| All other expenses | $32,023 |
| Total functional expenses | $361,493 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $0 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Overseas Ministries Study Center has recieved totaling $35.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $35 |
Endowment Analysis
| Beg. Balance | $2,772,802 |
| Earnings | $40,599 |
| Other Expense | $2,813,401 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Healthcare Physicians Inc Martinsburg, WV | $27,421,318 | $84,817,307 |
Catholic Guardian Services New York, NY | $37,509,798 | $86,868,371 |
Bon Secours Mercy Health Foundation Cincinnati, OH | $455,909,792 | $66,888,886 |
The Young Mens And Young Womens Hebrew Association New York, NY | $131,039,386 | $88,362,629 |
Catholic Charities Community Services Archdiocese Of New York New York, NY | $26,243,473 | $67,855,739 |
Independent Living For Seniors Inc Rochester, NY | $61,556,311 | $79,013,705 |
Cardinal Mccloskey School & Home For Children Inc Valhalla, NY | $29,936,400 | $67,045,023 |
National Society For Hebrew Day Schools Brooklyn, NY | $59,848,219 | $54,168,164 |
Word Of Life Fellowship Inc Schroon Lake, NY | $120,358,230 | $77,023,933 |
Catholic Charities Of Diocese Of Albany Albany, NY | $36,309,218 | $44,877,595 |
Gospel Light Mennonite Church Medical Aid Plan Canton, OH | $23,765,488 | $52,923,721 |
Wright Center Medical Group Scranton, PA | $24,323,836 | $34,636,356 |