Mt28 Inc is located in Austin, TX. The organization was established in 2009. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mt28 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 12/2022, Mt28 Inc generated $203.4k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 22.4% each year . All expenses for the organization totaled $194.2k during the year ending 12/2022. While expenses have increased by 24.6% per year over the past 8 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
RELIGIOUS, CHARITABLE, AND EDUCATIONAL PURPOSES. FOR A MORE DETAILED DESCRIPTION, SEE PART III, LINE 1.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GOSPEL IN TURKEY. SPREADING THE CHRISTIAN GOSPEL IN TURKEY INCLUDES GENERAL SUPPORT FOR BUILDING RENT AND UTILITIES. THE PRIMARY CHURCH WITH WHOM MT28 INC INTERACTS NOW OWNS ITS OWN BUILDING, BUT IT RENTS BUILDINGS IN FOUR CITIES/VILLAGES IN THE REGION FOR CHURCH PLANTS. MT28 INC HELPS PROVIDE THE SALARIES FOR THE GROWING STAFF OF YOUNG PASTORS SERVICING THESE CHURCH PLANTS, PLUS FUEL AND VEHICLE INSURANCE TO ENABLE PASTORS TO VISIT AND GUIDE THESE YOUNG CHURCHES AS WELL AS HOUSE CHURCHES IN THE OUTLYING VILLAGES. MT28 INC HELPS PROVIDE BIBLES AND OTHER CHRISTIAN MATERIALS INCLUDING PRINTED MATERIALS AND VIDEO DVDS. FIFTY TO SIXTY VISITORS COME BY THE CHURCH DAILY TO AVAIL THEMSELVES OF THESE MATERIALS. ADDITIONALLY, MT28 INC HELPS SUPPORT THROUGH EQUIPMENT AND DIRECT AND INDIRECT COSTS OF RECORDING AND ONLINE STREAMING OF SUNDAY CHURCH SERVICES, INCLUDING THE SERMONS. FUNDS FROM MT28 INC ALSO PURCHASE NEWSPAPER ADS AND SUPPORT MINISTRY TO PRISONERS AND STAFF AT PRISONS WITHIN THE REGION.
REFUGEE RELIEF. MT28 INC PROVIDES A BROAD RANGE OF REFUGEE RELIEF IN SEVERAL AREAS OF TURKEY. RECIPIENTS STILL INCLUDE DISPLACED FAMILIES AND INDIVIDUALS FROM IRAQ AND SYRIA AS A RESULT OF THE ISIS AGGRESSION. ADDITIONALLY, 2021 CONTINUED TO SEE AN INFLUX OF AFGHANS FLEEING THE TALIBAN. ADDITIONALLY, THERE ARE POLITICAL AND RELIGIOUS REFUGEES FROM IRAN, IRAQ, AFGHANISTAN, AZERBAIJAN, & SYRIA. THEY ARE ASYLUM SEEKERS REGISTERED WITH THE UNITED NATIONS FOR RELOCATION TO OTHER COUNTRIES, BUT WHILE THEY WAIT, THEY HAVE VERY FEW RESOURCES AND MINIMAL OPPORTUNITIES TO SUPPORT THEMSELVES OR THEIR FAMILIES. MT28 INC PROVIDES FUNDS FOR FOOD CARDS, MEDICINES, BABY SUPPLIES, MATTRESSES, BLANKETS, AND HEATING STOVES AND COAL TO HELP THEM SURVIVE THE COLD WINTER MONTHS IN MOST OF TURKEY. ADDITIONALLY, MT28 INC PROVIDES FUNDS FOR BACK-TO-SCHOOL MATERIALS, UNIFORMS, SHOES, AND WINTER COATS FOR CHILDREN OF REFUGEES. THROUGH THIS EFFORT, AND WITH THE GOSPEL MATERIALS PROVIDED, MANY HAVE EXPERIENCED GENUINE CARING, AND HAVE ACCEPTED THE CHRISTIAN FAITH. MANY OF THE WAR VICTIMS WERE SO TRAMATIZED BY THE BRUTALITY OF RADICAL MUSLIMS THAT THEY WERE FEARFUL OF EVERYONE BUT THE FEW LOCAL CHRISTIANS WHO WERE ABLE TO MINISTER TO THEM.
COLLEGE MINISTRY. COLLEGE MINISTRY INCLUDES BIBLE STUDIES, MENTORING, AND COUNSELING (INCLUDING PREMARITAL COUNSELING USING PREPARE/ENRICH RESOURCES). FRIDAY ON FIRE (FOF) IS A WEEKLY, IN-HOME, DISCUSSION-BASED BIBLE STUDY THAT BEGINS WITH A HOME-COOKED MEAL AND ENDS WITH DESSERT, FUN, AND FURTHER DISCUSSIONS. THE STUDENTS COMPLETED THE STUDY OF 2 TIMOTHY AND BEGAN THE STUDY OF GALATIANS. MT28 INC ALSO RESUMED IN-PERSON MENTORING WITH UT STUDENTS AND RECENT GRADUATES AND WITH ONE SEMINARY STUDENT. ALTHOUGH COLLEGE MINISTRY IS THE SMALLEST PROGRAM SERVICE AREA IN TERMS OF DOLLARS SPENT, IT MATCHES THE OTHER TWO AREAS IN TERMS OF TIME INVESTED AND LIFE-CHANGING IMPACTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Gregory E Riggs Director / Board Secretary / Chief Executive Officer | OfficerTrustee | 30 | $0 |
Laura Hitt Director / Board Of Directors Chairperson | OfficerTrustee | 0 | $0 |
Andrew Harbert Director | Trustee | 0 | $0 |
Jan Riggs Director | Trustee | 40 | $0 |
Matthew Rodriguez Director | Trustee | 0 | $0 |
Russell Parish Director | Trustee | 0 | $0 |
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 | $203,369 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $203,369 |
Total Program Service Revenue | $0 |
Investment income | $9 |
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 | $203,378 |
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 | $192,285 |
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 | $0 |
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 | $842 |
Information technology | $468 |
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 | $609 |
Total functional expenses | $194,204 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $22,830 |
Savings and temporary cash investments | $45,277 |
Pledges and grants receivable | $4,100 |
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 | $72,207 |
Accounts payable and accrued expenses | $121 |
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 | $121 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $62,912 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $9,174 |
Total liabilities and net assets/fund balances | $72,207 |
Over the last fiscal year, we have identified 1 grants that Mt28 Inc has recieved totaling $92.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $92 |
Organization Name | Assets | Revenue |
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Mission Of Hope Austin, TX | $30,630,297 | $30,889,522 |
New Orleans Mission Inc New Orleans, LA | $5,963,143 | $11,588,055 |
Presbyterian Village Inc Little Rock, AR | $7,163,719 | $8,947,997 |
Village At Gleannloch Farms Inc Austin, TX | $0 | $0 |
City Of Faith Prison Ministries Monroe, LA | $6,013,159 | $9,077,995 |
Usatransform Southlake, TX | $4,678,487 | $10,648,450 |
Iglesia Bethel Ministries Inc San Antonio, TX | $9,077,539 | $1,090,041 |
Powerpoint Ministries Plano, TX | $1,308,223 | $5,704,956 |
Permanent Endowment Fund Of The Moody Memorial First United Method Galveston, TX | $123,313,594 | $19,045,257 |
Greater St Stephen Ministries New Orleans, LA | $35,746,422 | $4,835,716 |
Abundant Rain Ministries Inc Coweta, OK | $1,184,763 | $4,705,451 |
Reaching Souls International Inc Oklahoma City, OK | $9,096,171 | $6,014,810 |