Teen Missions International Inc
- Assets
- $6.2m
- Revenue
- $5.9m
- Investments
- $0.0
- Employees
- 33
- Location
- Merritt Island, FL
- Founding
- 06/1972
- Data as of
- 09/2022
- EIN
- 23-7125177
Organization Overview
Teen Missions International Inc is located in Merritt Island, FL. The organization was established in 1972. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 09/2022, Teen Missions International Inc employed 33 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Teen Missions 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 09/2022, Teen Missions International Inc generated $5.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $5.6m during the year ending 09/2022. While expenses have increased by 4.0% per year over the past 6 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
TO PROVIDE OPPORTUNITIES FOR TEENAGERS TO PERFORM CHRISTIAN MISSIONARY WORK IN THE U.S. UNDERDEVELOPED COUNTRIES IN THEIR INTERNATIONAL TEEN MISSIONARY WORK.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WORK AND EVANGELISTIC MINISTRY: PROVIDE OPPORTUNITIES FOR TEENAGERS TO PERFORM CHRISTIAN MISSIONARY WORK IN VARIOUS FOREIGN COUNTRIES.
OVERSEAS DEVELOPMENT MINISTRY: TO ASSIST THE CITIZENS OF CERTAIN UNDERDEVELOPED COUNTRIES IN THEIR CHRISTIAN MISSIONARY PROGRAMS.
AUXILIARY ACTIVITIES: SEMINARS AND SCHOOL TO EDUCATE TEAM LEADERS AND OTHERS IN THE CHRISTIAN MISSIONARY WORK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kostner Paul L Board Member | Trustee | 40 | $39,425 |
Kostner Elizabeth A Treasurer | Officer | 40 | $38,675 |
Petersen Steven President | OfficerTrustee | 40 | $38,092 |
Myers Anthony R Board Member | Trustee | 40 | $33,336 |
Petersen Gay Board Member | Trustee | 40 | $24,256 |
Maher Thomas D Board Member | Trustee | 40 | $21,610 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $3,538,401 |
| Government grants | $323,008 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,921,581 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,782,990 |
| Total Program Service Revenue | $0 |
| Investment income | $141,046 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$41,980 |
| Net Gain/Loss on Asset Sales | -$47,133 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $57,397 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,941,175 |
| 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 | $2,869,134 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $253,905 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $563,301 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $32,252 |
| Payroll taxes | $71,015 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $40,356 |
| Fees for services: Accounting | $49,933 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $9,829 |
| Fees for services: Other | $0 |
| Advertising and promotion | $7,449 |
| Office expenses | $204,909 |
| Information technology | $13,383 |
| Royalties | $0 |
| Occupancy | $110,491 |
| Travel | $651,377 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $22,349 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $155,935 |
| Insurance | $142,631 |
| All other expenses | $92,095 |
| Total functional expenses | $5,552,674 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $539,492 |
| Savings and temporary cash investments | $200,443 |
| 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 | $397,508 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $34,756 |
| Net Land, buildings, and equipment | $3,599,657 |
| Investments—publicly traded securities | $1,403,115 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,174,971 |
| Accounts payable and accrued expenses | $47,144 |
| 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 | $29,400 |
| Total liabilities | $76,544 |
| Net assets without donor restrictions | $5,837,896 |
| Net assets with donor restrictions | $260,531 |
| 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 | $6,174,971 |
Grants Awarded
Over the last fiscal year, Teen Missions International Inc has awarded $205,599 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
AIDS ORPHANSSTREET CHILD PURPOSE: TO SUPPORT THIS ORG. | $66,996 |
MOTORCYCLE SS MISSIONS INC PURPOSE: TO SUPPORT THIS ORG. | $138,603 |