Christ Reaching Asia Mission Worldwide Inc
- Assets
- $4.5m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 5
- Location
- Greenwood, IN
- Founding
- 07/1998
- Data as of
- 06/2021
- EIN
- 35-2047209
Organization Overview
Christ Reaching Asia Mission Worldwide Inc is located in Greenwood, IN. The organization was established in 1998. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 06/2021, Christ Reaching Asia Mission Worldwide Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Christ Reaching Asia Mission Worldwide Inc 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 06/2021, Christ Reaching Asia Mission Worldwide Inc generated $1.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.7%) each year. All expenses for the organization totaled $1.1m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (1.7%) per year over the past 6 years. 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
CRAM'S MISSION IS TO PROMOTE AND PREACH THE WORD OF CHRIST AND TO HELP CREATE CHRISTIAN ORPHANAGES AND SCHOOLS WITHIN THE GEOGRAPHIC FOCUS OF ASIA
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCH O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chan Y Kim Officer | Officer | 40 | $125,084 |
Longguang Piao COO | Officer | $13,770 | |
Russell Johnson Director | Trustee | 1 | $0 |
Marc Zboch Director | Trustee | 1 | $0 |
David Brown Director | Trustee | 1 | $0 |
Patricia Kim Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $61,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,188,831 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,250,331 |
| Total Program Service Revenue | $0 |
| Investment income | $17,220 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $18,109 |
| 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 | $1,285,660 |
| 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 | $626,576 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $138,854 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $123,302 |
| Pension plan accruals and contributions | $2,514 |
| Other employee benefits | $19,105 |
| Payroll taxes | $13,864 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,175 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $16,534 |
| Office expenses | $49,612 |
| Information technology | $30,160 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $8,228 |
| 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 | $58,873 |
| Insurance | $7,501 |
| All other expenses | $0 |
| Total functional expenses | $1,120,205 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $350,686 |
| Savings and temporary cash investments | $667,082 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,468,142 |
| 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 | $258,238 |
| Net Land, buildings, and equipment | $1,717,808 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,461,956 |
| Accounts payable and accrued expenses | $17,139 |
| 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 | $17,139 |
| Net assets without donor restrictions | $4,376,054 |
| Net assets with donor restrictions | $68,763 |
| 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 | $4,461,956 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Christ Reaching Asia Mission Worldwide Inc has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
International Disaster Emergency Service Inc Noblesville, IN PURPOSE: COVID RELIEF | $10,000 |
International Disaster Emergency Service Inc Noblesville, IN PURPOSE: COVID RELIEF | $10,000 |
Endowment Analysis
| Beg. Balance | $208,226 |
| Net Contributions | $394,140 |
| Other Expense | $308,547 |
| Ending Balance | $293,819 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mission Pre-Born Inc Indianapolis, IN | $6,569,199 | $16,394,673 |
Bill Winston Ministries Forest Park, IL | $6,676,875 | $15,498,938 |
Breakthrough Urban Ministries Inc Chicago, IL | $9,536,563 | $12,933,979 |
Haven Of Our Lady Of Peace Inc St Louis, MO | $8,612,583 | $10,375,484 |
Christian Buehler Memorial Peoria, IL | $194,168,877 | $24,390,628 |
American Lutheran Church-Northland Luthern Services For The Elderly Marinette, WI | $6,079,717 | $8,121,825 |
Resourcing Christian Education International Nfp Wheaton, IL | $4,529,324 | $9,552,178 |
Freedom From Religion Foundation Inc Madison, WI | $25,982,708 | $9,398,786 |
Mission Eurasia Wheaton, IL | $4,079,309 | $7,777,222 |
G O Ministries Inc Louisville, KY | $3,216,170 | $6,018,777 |
Lutheran Bible Translators Inc Concordia, MO | $15,904,913 | $8,793,746 |
Refugeeone Chicago, IL | $12,176,477 | $10,528,802 |