Cultivate Missions
- Assets
- $2.6m
- Revenue
- $433.5k
- Investments
- $0.0
- Employees
- 3
- Location
- Plano, TX
- Founding
- 12/2010
- Data as of
- 12/2022
- EIN
- 27-2967925
Organization Overview
Cultivate Missions, operating under the name Cultivate Leadership, is located in Plano, TX. The organization was established in 2010. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. As of 12/2022, Cultivate Leadership employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cultivate Leadership 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, Cultivate Leadership generated $433.5k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $509.9k during the year ending 12/2022. 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
CULTIVATE LEADERSHIP SEEKS TO MAKE DISCIPLES OF JESUS CHRIST AND PLANT CHURCHES AMONG ASIAN YOUNG PROFESSIONALS THROUGHOUT ASIA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CULTIVATE MISSIONS' VISION IS TO DISCIPLE AND PLANT CHURCHES THROUGHOUT ASIA. IN 2022, 15 MEN AND WOMEN WERE MENTORED THROUGH THE 9-MONTH LIVING ON A MISSION TRAINING. ADDITIONALLY, A COURSE ON PARENTING WITH BIBLICAL PRINCIPLES WAS TAUGHT OVER 2 MONTHS TO 14 MOTHERS AND FATHERS. ADDITIONALLY, CULTIVATE LEADERSHIP PROVIDED TWO DISCUSSION GROUPS TOTALING 19 PEOPLE THROUGH A 36-WEEK STUDY ON COPING WITH DIFFICULTIES AND RECOGNIZING HOW GOD CAN BRING BENEFIT THROUGH OUR SUFFERING. IN AUGUST 2022, CULTIVATE MISSIONS HELD ITS EIGHTH ANNUAL CHURCH PLANTERS' RETREAT OVER 2 DAYS, WITH 49 OF OUR HOUSE CHURCH LEADERS FOR INTENSIVE TRAINING, TEAM BUILDING AND SPIRITUAL RENEWAL. ADDITIONALLY, THE ORGANIZATION HOSTED AN ONLINE, QUARTERLY "LEADERSHIP COMMUNITY" TO PROVIDE FURTHER EQUIPPING, TIME FOR SHARING ABOUT THEIR MINISTRIES, AND PRAYER TOGETHER. ADDITIONALLY, THE ORGANIZATION PROVIDED ONE-TO-ONE, ONLINE MENTORING FOR THE CHURCH PLANTERS TO STRENGTHEN THEIR PERSONAL SPIRITUAL GROWTH AND MINISTRY LEADERSHIP SKILLS. IN 2022, THE ORGANIZATION PROVIDED VISION AND COUNSEL FOR EIGHT CHURCH PLANTS CALLED "GRACE CITY CHURCH." APPROXIMATELY 15 REGULAR PARTICIPANTS ATTENDED EACH GROUP. THESE FELLOWSHIPS MET WEEKLY AND WERE RESPONSIBLE FOR EVANGELISM, SPIRITUAL GROWTH, AND LEADERSHIP TRAINING.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Evans President/di | OfficerTrustee | 55 | $100,400 |
Lisa Evans Cfo/secretar | Officer | 40 | $75,000 |
Joe Martin Director | Trustee | 1 | $0 |
John Mckinzie Director | Trustee | 1 | $0 |
Chris Pitt 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 | $462,857 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $462,857 |
| Total Program Service Revenue | $0 |
| Investment income | $47,400 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$76,718 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $433,539 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $6,025 |
| Grants and other assistance to Foreign Orgs/Individuals | $500 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $372,400 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $375 |
| Other salaries and wages | $1,605 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,853 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,086 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $17,860 |
| Fees for services: Other | $11,900 |
| Advertising and promotion | $0 |
| Office expenses | $10,868 |
| Information technology | $1,951 |
| Royalties | $0 |
| Occupancy | $26,565 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $17,778 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $22,264 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $509,912 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $349,776 |
| Savings and temporary cash investments | $28,556 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $5,000 |
| 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 | $612,556 |
| Investments—publicly traded securities | $1,623,788 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,619,676 |
| Accounts payable and accrued expenses | $995 |
| 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 | $995 |
| Net assets without donor restrictions | $2,618,681 |
| 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 | $2,619,676 |