Adventist Today Foundation
- Assets
- $450.7k
- Revenue
- $360.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Milton Freewater, OR
- Founding
- 12/1993
- Data as of
- 12/2021
- 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 12/2021, Adventist Today Foundation generated $360.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.9% each year . All expenses for the organization totaled $228.7k during the year ending 12/2021. While expenses have increased by 5.6% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
ADVENTIST TODAY 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. ADVENTIST TODAY PUBLISHES DAILY ONLINE - VIA FACEBOOK, INSTAGRAM, AND TWITTER - WEEKLY VIA EMAIL, QUARTERLY VIA PRINT JOURNAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAGAZINE: ADVENTIST TODAY PUBLISHES A QUARTERLY PRINT JOURNAL THAT IS MAILED TO 1,950 SUBSCRIBERS AND IS CIRCULATED ONLINE.
WEBSITE: ADVENTIST TODAY PUBLISHES SEVERAL ARTICLES AND NEWS BRIEFS EACH WEEK. WE PUBLISHED 736 ITEMS IN 2021.
SOCIAL MEDIA: WE HAD OVER 80,000 VISITORS TO INSTAGRAM, FACEBOOK, AND TWITTER DURING 2021, AND WE EMAIL A WEEKLY NEWSLETTER TO MORE THAN 6,400 SUBSCRIBERS.
AT 1 EXPENSES OF 37,076, ALTHOUGH THEY RISE TO 42,080, WHEN THE MISCELLANEOUS AND INFORMATION TECHNOLOGY ARE ADDED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Richardson Former Ceo/director | 30 | $39,150 | |
Loren Seibold Director, Editor | Trustee | 40 | $30,333 |
Lindsey Painter Director | Trustee | 6 | $8,140 |
Carmen Seibold Editor, Online Monitor | Trustee | 10 | $6,400 |
Bill Garber Director, Board Chair | OfficerTrustee | 10 | $0 |
Jim Walters Director, Treasurer | OfficerTrustee | 6 | $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 | $320,325 |
| Noncash contributions included in lines 1a–1f | $510 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $320,325 |
| Total Program Service Revenue | $3,850 |
| Investment income | $36,599 |
| 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 | $360,774 |
| 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 | $12,752 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,364 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,908 |
| Office expenses | $1,040 |
| Information technology | $24,024 |
| Royalties | $0 |
| Occupancy | $4,500 |
| 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 | $0 |
| Total functional expenses | $228,689 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $120,308 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $22,510 |
| Loans from Officers, Directors, or Controlling Persons | $24,879 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,000 |
| Prepaid expenses and deferred charges | $200 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $281,777 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $450,674 |
| Accounts payable and accrued expenses | $1,419 |
| 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 | $1,419 |
| Net assets without donor restrictions | $322,600 |
| Net assets with donor restrictions | $126,655 |
| 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 | $450,674 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Adventist Today Foundation has recieved totaling $10,518.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: RELIGION RELATED | $10,400 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $118 |
Endowment Analysis
| Beg. Balance | $132,542 |
| Earnings | $15,167 |
| Ending Balance | $147,709 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Turning Point For God Lakeside, CA | $55,591,424 | $109,738,214 |
Crista Ministries Shoreline, WA | $133,575,378 | $73,059,150 |
Northwest Harvest E M M Seattle, WA | $90,036,518 | $96,557,942 |
Family Resource & Referral Center Of San Joaquin Stockton, CA | $22,143,375 | $58,140,912 |
Yellow Chair Foundation San Francisco, CA | $899,830,560 | $147,461,050 |
St Vincent De Paul Village Inc San Diego, CA | $50,446,763 | $60,152,162 |
Open Doors With Brother Andrew Inc Santa Ana, CA | $12,195,285 | $33,559,571 |
Cityteam Ministries San Jose, CA | $57,357,554 | $43,092,381 |
Joni And Friends Agoura Hills, CA | $42,271,581 | $29,467,878 |
Catholic Community Foundation Of Los Angeles Los Angeles, CA | $298,852,432 | $83,411,965 |
Josephine Caring Community Stanwood, WA | $33,167,845 | $28,609,215 |
Amazing Facts International Granite Bay, CA | $89,775,280 | $35,047,793 |