Modern Day Missions
- Assets
- $2.3m
- Revenue
- $8.2m
- Investments
- $0.0
- Employees
- 9
- Location
- Arlington, TX
- Founding
- 09/2009
- Data as of
- 12/2021
- EIN
- 26-2978592
Organization Overview
Modern Day Missions is located in Arlington, TX. The organization was established in 2009. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Modern Day Missions employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Modern Day Missions 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 12/2021, Modern Day Missions generated $8.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 24.4% each year . All expenses for the organization totaled $8.0m during the year ending 12/2021. While expenses have increased by 24.5% per year over the past 7 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
MODERN DAY MISSIONS PROVIDES SERVICES THAT ENABLE MISSIONARIES TO RAISE FINANCIAL SUPPORT SO THEY CAN FULFILL THE CALLING OF TAKING JESUS CHRIST TO THE NATIONS.
Describe the Organization's Program Activity:
MODERN DAY MISSIONS EQUIPS OVER 600 MISSIONARIES IN OVER 70 DIFFERENT COUNTRIES AND FACILITATES THEIR NEEDS AS THEY ARE PREPARING TO GO AND SERVE OUT IN THE FIELD, SPREADING THE GOSPEL OF JESUS CHRIST.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marvin Slaton Director/program Director | Trustee | 40 | $65,567 |
Elias Reyes Founder/president/director | OfficerTrustee | 22 | $498 |
Nicholas Lesmeister Sec/treas/director | OfficerTrustee | 1 | $0 |
Jeffrey Bishop Director | Trustee | 1 | $0 |
William Themelaras Director | Trustee | 1 | $0 |
Daniel Gutierrez Director | 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 | $8,202,934 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,202,934 |
| Total Program Service Revenue | $0 |
| Investment income | $1,572 |
| 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 | $8,222,545 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $17,051 |
| 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. | $102,126 |
| Compensation of current officers, directors, key employees. | $1,120 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $145,694 |
| Pension plan accruals and contributions | $2,445 |
| Other employee benefits | $0 |
| Payroll taxes | $9,711 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,388 |
| Fees for services: Accounting | $11,522 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $91 |
| Fees for services: Other | $7,361,409 |
| Advertising and promotion | $41,794 |
| Office expenses | $164,732 |
| Information technology | $3,400 |
| Royalties | $0 |
| Occupancy | $33,992 |
| Travel | $21,962 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $14,880 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $39,276 |
| Insurance | $316 |
| All other expenses | $6,288 |
| Total functional expenses | $7,982,077 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,339,585 |
| Savings and temporary cash investments | $29,677 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $82,200 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $13,563 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $529,119 |
| Investments—publicly traded securities | $43,778 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $270,426 |
| Total assets | $2,308,348 |
| Accounts payable and accrued expenses | $310,415 |
| 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 | $2,000 |
| Secured mortgages and notes payable | $306,311 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $618,726 |
| Net assets without donor restrictions | $1,689,622 |
| 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 | $2,308,348 |
Grants Awarded
Over the last fiscal year, Modern Day Missions has awarded $21,236 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
AWAKENINGSUSA PURPOSE: MISSIONS | $15,500 |
St Louis, MO PURPOSE: MISSION | $5,736 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Modern Day Missions has recieved totaling $152,839.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: EVANGELISM | $73,733 |
Servant Foundation Overland Park, KS PURPOSE: RELIGIOUS MINISTRY | $27,650 |
Schwab Charitable Fund San Francisco, CA PURPOSE: RELIGION RELATED | $25,106 |
Tyndale House Ministries Carol Stream, IL PURPOSE: General program support | $9,500 |
American Endowment Foundation Hudson, OH PURPOSE: RELIGION | $8,800 |
Peacemakers International Walnut, CA PURPOSE: Support World Vision Ministry | $7,050 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Family Legacy Missions International Dallas, TX | $14,330,799 | $19,529,503 |
East-West Ministries International Plano, TX | $8,184,642 | $19,204,558 |
Marketplace Ministries Inc Plano, TX | $5,987,779 | $19,506,765 |
Pioneer Bible Translators Dallas, TX | $22,558,672 | $19,174,102 |
Society Of St Vincent De Paul Archdiocese Of Galveston-Houston Houston, TX | $7,339,150 | $16,634,792 |
E3 Partners Ministry Plano, TX | $6,012,362 | $14,710,236 |
San Antonio Metropolitan Ministry Inc San Antonio, TX | $12,579,627 | $13,414,405 |
Sower Of Seeds International Ministries Inc Keller, TX | $3,316,148 | $10,449,598 |
Restore Hope Ministries Inc Tulsa, OK | $8,417,745 | $10,753,534 |
Les Feldick Ministries Kinta, OK | $8,711,680 | $12,215,004 |
Union Gospel Mission Of Tarrant County Fort Worth, TX | $65,887,376 | $29,455,408 |
Minnie Slaughter Veal Memorial Fund Dallas, TX | $15,276,892 | $11,585,960 |