Adventist Today Foundation
- Assets
- $623.8k
- Revenue
- $434.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Milton Freewater, OR
- Founding
- 12/1993
- Data as of
- 12/2023
- EIN
- 33-0560224
Organization Overview
Adventist Today Foundation is located in Milton Freewater, OR. The organization was established in 1993. According to its NTEE Classification (X20) the organization is classified as: Christianity, 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. Adventist Today 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 12/2023, Adventist Today Foundation generated $434.8k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.5% each year . All expenses for the organization totaled $343.8k during the year ending 12/2023. While expenses have increased by 12.0% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
ADVENTIST TODAY (AT) IS AN INDEPENDENT JOURNALIST MINISTRY SERVING THE GLOBAL ADVENTIST COMMUNITY AND READERS INTERESTED IN A RELIABLE SOURCE OF INFORMATION ABOUT THE SDA FAITH AND INSTITUTIONS. AT PUBLISHES DAILY ONLINE - VIA FACEBOOK, INSTAGRAM, AND X - WEEKLY VIA EMAIL, QUARTERLY VIA PRINT JOURNAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WEBSITE: ADVENTIST TODAY PUBLISHES SEVERAL ARTICLES AND NEWS REPORTS EACH WEEK. WE PUBLISHED 1,022 ITEMS ONLINE IN 2023. WE PUBLISH ARTICLES IN ENGLISH, SPANISH, RUSSIAN, FRENCH, AND POLISH.
ADVENTIST TODAY PUBLISHES A QUARTERLY PRINT JOURNAL THAT IS MAILED TO 2,146 SUBSCRIBERS (AVERAGE IN 2023) AND IS CIRCULATED ONLINE FREE OF CHARGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bjorn Karlman Vision Planner, Fundraiser | Trustee | 40 | $0 |
Loren Seibold Editor | Trustee | 40 | $63,000 |
Carmen Seibold Social Media Monitor | Trustee | 10 | $12,600 |
Lindsey Painter Newsletter Editor | Trustee | 5 | $10,764 |
Raj Attiken Director | Trustee | 1 | $0 |
Marit Case 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 | $418,088 |
| Noncash contributions included in lines 1a–1f | $8,232 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $418,088 |
| Total Program Service Revenue | $1,675 |
| Investment income | $14,321 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $734 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $434,818 |
| 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 | $0 |
| 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 | $168,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,420 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $145,292 |
| Advertising and promotion | $900 |
| Office expenses | $4,996 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $777 |
| 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 | $3,863 |
| All other expenses | $2,864 |
| Total functional expenses | $343,780 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $110 |
| Savings and temporary cash investments | $203,036 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $17,174 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,000 |
| Prepaid expenses and deferred charges | $4,060 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $398,461 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $623,841 |
| Accounts payable and accrued expenses | $2,945 |
| 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 | $2,945 |
| Net assets without donor restrictions | $365,524 |
| Net assets with donor restrictions | $255,372 |
| 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 | $623,841 |