Cost Of Discipleship Foundation is located in Omaha, NE. The organization was established in 2012. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cost Of Discipleship Foundation 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, Cost Of Discipleship Foundation generated $116.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (7.9%) each year. All expenses for the organization totaled $135.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (5.9%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Cost Of Discipleship Foundation has awarded 77 individual grants totaling $431,088. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
DIRECT SUPPORT OF THE LOVE CHURCH IN OMAHA, NEBRASKA FOR ITS PROGRAMS AND MINISTRIES.
DIRECT SUPPORT TO ABIDE NETWORK, AN INTERCITY NON-PROFIT IN OMAHA, NEBRASKA. THE AGENCY SEEKS TOTRANSFORM NEIGHBORHOODS BY FAMILY SUPPORT PROGRAMS AND HOUSING AND COMMUNITY PARTNERSHIPS.
DIRECT SUPPORT OF THE CHRISTIAN BUSINESSMEN'S MINISTRIES, A GLOBAL ASSOCIATION OF CHRISTIAN BUSINESSPERSONS & PROFESSIONALS COMMITTED TO THE PROCLAMATION OF THE GOSPEL OF JESUS CHRIST IN THE MARKETPLACE.
DIRECT SUPPORT OF MISSION CHURCH OF OMAHA, NEBRASKA FOR ITS CHRISTIAN MINISTRY AND COMMUNITY PROGRAMS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dean Hodges President | 2 | $0 | |
Bob Smithhisler Secretary | 0.5 | $0 | |
Mike Quinn Treasurer | 1 | $0 | |
Matthew Hodges Director | 0.25 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $100,740 |
| Interest on Savings | $8,285 |
| Dividends & Interest | $241 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $7,486 |
| Capital Gain Net Income | $7,486 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $116,752 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,742 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,973 |
| Total operating and administrative expenses | $6,715 |
| Contributions, gifts, grants paid | $128,779 |
| Total expenses and disbursements | $135,494 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,358 |
| Savings and temporary cash investments | $7,116 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $200,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $92,701 |
| Other assets | $104,000 |
| Total assets | $458,918 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Over the last fiscal year, Cost Of Discipleship Foundation has awarded $128,779 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
ABIDE NETWORK PURPOSE: GENERAL SUPPORT | $41,500 |
ALZHEIMERS ASSOCIATION PURPOSE: GENERAL SUPPORT | $200 |
BADGES FOR HOPE FALLEN OFFICER MEMORIAL PURPOSE: GENERAL SUPPORT | $750 |
HABITAT FOR HUMANITY PURPOSE: GENERAL SUPPORT | $250 |
FIRST RESPONDERS FOUNDATION PURPOSE: GENERAL SUPPORT | $500 |
CHRISTIAN BUSINESS MEN (CMBC) PURPOSE: GENERAL SUPPORT | $15,200 |