Far Corners Missions
- Assets
- $352.6k
- Revenue
- $570.8k
- Investments
- $302.3k
- Employees
- 6
- Location
- Fort Worth, TX
- Founding
- 07/2010
- Data as of
- 12/2022
- EIN
- 27-2467011
Organization Overview
Far Corners Missions is located in Fort Worth, TX. The organization was established in 2010. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2022, Far Corners Missions employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Far Corners 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 12/2022, Far Corners Missions generated $570.8k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $578.4k during the year ending 12/2022. While expenses have increased by 4.7% 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
AS GOD LEADS AND RESOURCES US, AND FOR HIS GLORY, WE WILL IDENTIFY PEOPLE, MOBILIZE MINISTRY AND SERVE THOSE TRAPPED IN SPIRITUAL DARKNESS AND UNMET DESPERATE HUMAN SUFFERING IN THE FAR CORNERS OF THE EARTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION OVERSEES AND FUNDS THE WORK OF INDIGENOUS MISSIONARIES WHO PRESENT AND TEACH THE GOSPEL OF THE LORD THROUGHOUT THE WORLD. THEIR WORK INCLUDES FEEDING, HEALTHCARE, RESCUING AND TEACHING. THE ORGANIZATION'S FINANCIAL SUPPORT OF INDIGENOUS MISSIONARIES ALLOWED THE MISSIONARIES TO PROVIDE OVER 40,000 MEALS. THE ORGANIZATION'S FUNDING ALSO ASSISTED IN THE RESCUE OF 1 WOMAN FROM SEXUAL SLAVERY. THE ORGANIZATION IS OPERATING ONE HOME IN CHINA AND PROVIDED FUNDS TO FEED HUNDREDS OF ELDERLY OUTCASTS. THE ORGANIZATION ALSO PROVIDED FUNDS TO OPERATE A VOCATIONAL REHABILITATION SCHOOL FOR FORMER PROSTITUTES, SLUM DWELLERS, AND SCAVENGERS IN NINE OCCUPATIONAL SKILLS AND TRIBAL SCHOOLS FOR ILLITERATE TRIBAL CHILDREN. IN ADDITION, THE ORGANIZATION HELPED FUND BIBLICAL STUDIES AND PASTOR TRAINING PROGRAMS IN INDIA, THAILAND, PERU, KENYA, PHILIPPINES, AND NEPAL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Judd Vier Chairman | OfficerTrustee | 30 | $69,000 |
Jeff Kalbfleisch Secretary | OfficerTrustee | 2 | $0 |
Lauren Roark Director | Trustee | 2 | $0 |
Ryan Fontenot Director | Trustee | 2 | $0 |
Mike Roberts Director | Trustee | 10 | $0 |
Kevin Chessher Treasurer | OfficerTrustee | 10 | $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 | $532,574 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $532,574 |
| Total Program Service Revenue | $4,055 |
| Investment income | $13,017 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $21,106 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $570,752 |
| 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 | $394,965 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $69,000 |
| Compensation of current officers, directors, key employees. | $20,700 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $9,473 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $627 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,650 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,671 |
| Fees for services: Other | $3,683 |
| Advertising and promotion | $1,466 |
| Office expenses | $9,810 |
| Information technology | $6,329 |
| Royalties | $0 |
| Occupancy | $1,876 |
| Travel | $62,896 |
| 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 | $1,302 |
| All other expenses | $0 |
| Total functional expenses | $578,404 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $50,058 |
| Savings and temporary cash investments | $261 |
| 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 | $302,315 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $352,634 |
| Accounts payable and accrued expenses | $2,421 |
| 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 | $2,421 |
| Net assets without donor restrictions | $38,248 |
| Net assets with donor restrictions | $311,965 |
| 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 | $352,634 |