Financial Issues Stewardship Ministries
- Assets
- $2.2m
- Revenue
- $3.2m
- Investments
- $0.0
- Employees
- 15
- Location
- Exton, PA
- Founding
- 12/2009
- Data as of
- 09/2021
- EIN
- 26-4646842
Organization Overview
Financial Issues Stewardship Ministries is located in Exton, PA. The organization was established in 2009. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 09/2021, Financial Issues Stewardship Ministries employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Financial Issues Stewardship Ministries 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 09/2021, Financial Issues Stewardship Ministries generated $3.2m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 23.0% each year . All expenses for the organization totaled $2.6m during the year ending 09/2021. While expenses have increased by 20.5% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO AID IN THE PROCLAMATION OF THE GOSPEL THROUGH MOTIVATING GOD'S PEOPLE TO INVEST IN A BIBLICALLY RESPONSIBLE WAY AND GIVE TO THE WORK OF GOD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION IS A COOPERATIVE UNDERTAKING OF LOCAL CHURCHES WITH SHARED DOCTRINAL BELIEFS TO AID IN THE PROCLAMATION OF THE GOSPEL OF JESUS CHRIST THROUGH MOTIVATING GOD'S PEOPLE TO EXERCISE BIBLICALLY RESPONSIBLE FINANCIAL STEWARDSHIP. THE ORGANIZATION IS ULTIMATELY ORGANIZED TO EXPOSE JESUS FOR ALL HE IS, ALL HE CAN DO, AND WHAT HE MEANS. THE ORGANIZATION BELIEVES THAT BEFORE FINANCIAL STEWARDSHIP, ALL CHRISTIANS ARE CALLED FIRST TO BE STEWARDS OF THE GOSPEL OF JESUS CHRIST. THE ORGANIZATION BELIEVES THAT ONE WAY OF BEING FAITHFUL TO THE GOSPEL OF JESUS CHRIST IS THROUGH THE GIVING OF FINANCIAL RESOURCES SO THAT THESE RESOURCES CAN BE USED TO GROW THE KINGDOM OF GOD. THE ORGANIZATION'S SPECIFIC PURPOSE IS TO BENEFIT CHURCHES, MINISTRIES, INDIVIDUALS, AND QUALIFIED CHARITIES BY COMMUNICATING THE TRUTHS OF STEWARDSHIP AND FINANCIAL INVESTMENT OF GOD'S MONEY ACCORDING TO SCRIPTURE AND GOD-HONORING PRINCIPLES. THE ORGANIZATION OPERATES A CHRISTIAN BROADCASTING STATION, FISM.TV, AND A RADIO MINISTRY, WHICH AIM TO SERVE AS A RESOURCE FOR CHURCHES AND THEIR INDIVIDUAL MEMBERS, TO AID THEM IN UNDERSTANDING CHRISTIAN PRINCIPLES ABOUT MONEY, AND TO INCREASE THEIR KNOWLEDGE AND CAPABILITIES FOR HANDLING MONEY CONSISTENTLY WITH BIBLICAL TEACHINGS. THE ORGANIZATION ALSO AIMS TO EXPOSE JESUS TO NON-BELIEVERS. THE ORGANIZATION PRODUCES HOURS OF ORIGINAL PROGRAMMING WEEKLY, INCLUDING FINANCIAL ISSUES, A MOMENT IN HISTORY, AND FISM NEWS. THESE PROGRAMS ARE DESIGNED TO HELP LISTENERS THINK BIBLICALLY ABOUT THEIR FINANCES AND HOW TO USE INVESTMENTS IN A WAY THAT IS HONORING AND PLEASING TO GOD, AND TO SHARE ABOUT NEWS STORIES FROM A BIBLICAL WORLDVIEW. ADDITIONALLY, THE ORGANIZATION AIRS CHRISTIAN PROGRAMS DEVELOPED BY LOCAL COOPERATIVE CHURCHES.ULTIMATELY, THE ORGANIZATION STRIVES TO EDUCATE CHURCHES, CHRISTIAN ORGANIZATIONS, AND INDIVIDUALS IN A CLEAR, PRACTICAL AND UNBIASED MANNER SO THAT CHRISTIANS HAVE A BETTER UNDERSTANDING OF THEIR RESPONSIBILITY TO HANDLE THEIR FINANCES AS WISE STEWARDS. THE ASSOCIATION'S PRAYER IS THAT THROUGH ITS COLLABORATIVE WORK WITH LOCAL CHURCHES, CHRISTIANS WILL HAVE A GREATER ABILITY AND DESIRE TO GIVE TO GOD'S WORK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Celia President And CEO | OfficerTrustee | 60 | $210,448 |
Yvonne Celia Secretary | OfficerTrustee | 25 | $51,365 |
Michael Battaglia Treasurer | OfficerTrustee | 2 | $0 |
Michael Hamilton Board Member | Trustee | 2 | $0 |
Myron George Board Member | Trustee | 2 | $0 |
Bruce Poulterer Board Member | Trustee | 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 | $1,953,705 |
| Noncash contributions included in lines 1a–1f | $112,458 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,953,705 |
| Total Program Service Revenue | $1,212,979 |
| Investment income | $110 |
| 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 | $3,171,468 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $19,279 |
| 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. | $272,867 |
| Compensation of current officers, directors, key employees. | $86,950 |
| Compensation to disqualified persons | $32,639 |
| Other salaries and wages | $552,780 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $61,260 |
| Payroll taxes | $74,339 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,700 |
| Fees for services: Accounting | $28,732 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $229,600 |
| Advertising and promotion | $80,169 |
| Office expenses | $77,349 |
| Information technology | $46,367 |
| Royalties | $0 |
| Occupancy | $102,084 |
| Travel | $155,848 |
| 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 | $121,532 |
| Insurance | $3,685 |
| All other expenses | $0 |
| Total functional expenses | $2,583,486 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $247,627 |
| Savings and temporary cash investments | $1,268,304 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $18,294 |
| 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 | $35,392 |
| Net Land, buildings, and equipment | $519,540 |
| Investments—publicly traded securities | $125,357 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,214,514 |
| Accounts payable and accrued expenses | $45,494 |
| 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 | $45,494 |
| Net assets without donor restrictions | $2,169,020 |
| 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 | $2,214,514 |
Grants Awarded
Over the last fiscal year, Financial Issues Stewardship Ministries has awarded $13,600 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Eugene, OR PURPOSE: General support | $8,000 |
Indianapolis, IN PURPOSE: General support | $5,600 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Financial Issues Stewardship Ministries has recieved totaling $334,960.
| Awarding Organization | Amount |
|---|---|
John Herr Foundation Tr Fairfield, IA PURPOSE: CHRISTIAN MINISTRY | $250,000 |
Community Foundation Of Greater Memphis Inc Memphis, TN PURPOSE: GENERAL OPERATIONAL SUPPORT | $40,000 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $17,900 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $14,734 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $12,326 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
John A Coleman School Yonkers, NY | $5,649,439 | $19,245,814 |
Halo Network Inc Amityville, NY | $5,984,377 | $20,823,404 |
Ascend Learning Inc Brooklyn, NY | $10,949,837 | $20,246,927 |
Lindley Academy Charter School At Birney Philadelphia, PA | $8,724,796 | $15,521,412 |
Workforce Development Corp New York, NY | $20,852,099 | $12,566,315 |
International School Of Brooklyn Brooklyn, NY | $6,521,944 | $15,095,239 |
Watershed Agricultural Council Of The New York City Watersheds Inc Walton, NY | $8,601,609 | $14,819,769 |
Accelerate Great Schools Cincinnati, OH | $48,959,993 | $4,700,984 |
Purpose Foundation Island Park, NY | $1,585,866 | $11,041,724 |
Tech Impact Philadelphia, PA | $10,895,345 | $15,289,025 |
Tikva Corp West Caldwell, NJ | $10,446,184 | $12,711,125 |
Stemcivics Inc Ewing Township, NJ | $5,738,931 | $13,034,787 |