Advent Christian General Conference Of America
- Assets
- $16.9m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 9
- Location
- Charlotte, NC
- Founding
- 09/1958
- Data as of
- 12/2021
- EIN
- 36-2298423
Organization Overview
Advent Christian General Conference Of America is located in Charlotte, NC. The organization was established in 1958. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Advent Christian General Conference Of America employed 9 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Advent Christian General Conference Of America 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, Advent Christian General Conference Of America generated $1.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.3%) each year. All expenses for the organization totaled $2.3m during the year ending 12/2021. 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
CONVINCED OF THE IMMINENT RETURN OF OUR LORD, JESUS CHRIST, ADVENT CHRISTIAN GENERAL CONFERENCE EXISTS TO ENCOURAGE, EQUI AND EMPOWER ADVENT CHRISTIAN CHURCHES WORLDWIDE TO BE OBEDIENT TO THE GREAT COMMISSION AND GREAT COMMANDMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PENSION PROGRAM $562,148 - WE ADMINISTER A CHURCH PENSION PLAN FOR OUR MEMBER CHURCHES. MINISTERS MAY WITHDRAW FUNDS OR RECEIVE MONTHLY ANNUITY PAYMENTS IN ACCORDANCE WITH IRS AND PENSION PLAN GUIDELINES.
INTERNATIONAL & HOME MISSIONS - THE MISSIONS DEPARTMENTS REPRESENT THE MISSIONARY AND CHURCH PLANTING EFFORTS OF ADVENT CHRISTIAN GENERAL CONFERENCE WITH A FOCUS ON UNREACHED COMMUNITIES.INTERNATIONAL MISSIONS IS WORKING TO ESTABLISH REPRODUCING CHURCHES AMONG THE UNREACHED PEOPLE GROUPS OF THE WORLD. IN 2021 WE ESTABLISHED CONTACT WITH THE HADZABE PEIPLE OF TANZANIA AND NOW HAVE MORE THAN 125 CONVERTS THERE. WE CONTINUE TO WORK ON PLACING A MISSIONARY FAMILY IN ASIA, AS WELL AS CONTINUING OUTREACH IN ABOUT 30 COUNTRIES AROUND THE WORLD.HOME MISSIONS WORKS TO RESOURCE AND ENABLE THE PLANTING OF EVANGELICAL AND GOSPEL-CENTERED CHURCHES IN UNDER-SERVED COMMUNITIES IN THE U.S. AND CANADA. WE HAVE A POTENTIAL COORDINATOR AND CHURCH PLANTER IN VIEW.
UNITED MINISTRIES PROGRAM - $347,584 - A PORTION OF DONATIONS FROM CHURCHES ARE DISTRIBUTED TO EACH OF OUR FIVE REGIONAL OFFICES FOR THE PURPOSE OF OUTREACH AND CHURCH PLANTING WITHIN THEIR REGIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Lawson Executive Dir. | Officer | 40 | $73,106 |
Dawn Rutan Treasurer | Officer | 40 | $66,928 |
John Gallagher President | Trustee | 0 | $0 |
Travis Hutcheson Appalachian Vice President | Trustee | 0 | $0 |
Thomas Loghry Secretary | Trustee | 0 | $0 |
Jeremy Jones Central Vice President | Trustee | 0 | $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 | $1,672,523 |
| Noncash contributions included in lines 1a–1f | $14,055 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,672,523 |
| Total Program Service Revenue | $38,714 |
| Investment income | $256,690 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$470,310 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $22,897 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,820,057 |
| 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 | $224,490 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $179,293 |
| Compensation of current officers, directors, key employees. | $179,293 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $285,189 |
| Pension plan accruals and contributions | $4,922 |
| Other employee benefits | $34,990 |
| Payroll taxes | $32,132 |
| Fees for services: Management | $16,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $18,650 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $64,227 |
| Fees for services: Other | $0 |
| Advertising and promotion | $145,696 |
| Office expenses | $80,514 |
| Information technology | $4,444 |
| Royalties | $0 |
| Occupancy | $29,046 |
| Travel | $35,786 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,538 |
| Interest | $0 |
| Payments to affiliates | $490,199 |
| Depreciation, depletion, and amortization | $12,639 |
| Insurance | $7,673 |
| All other expenses | $0 |
| Total functional expenses | $2,322,717 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $341,072 |
| Savings and temporary cash investments | $2,679,665 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,480 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $22,401 |
| Prepaid expenses and deferred charges | $8,095 |
| Net Land, buildings, and equipment | $258,382 |
| Investments—publicly traded securities | $13,590,012 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $16,903,107 |
| Accounts payable and accrued expenses | $46,332 |
| 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 | $9,441,609 |
| Total liabilities | $9,487,941 |
| Net assets without donor restrictions | $4,714,826 |
| Net assets with donor restrictions | $2,700,340 |
| 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 | $16,903,107 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Advent Christian General Conference Of America has recieved totaling $379,578.
| Awarding Organization | Amount |
|---|---|
Greater Chicago Food Depository Chicago, IL PURPOSE: DISTRIBUTE TO THE HUNGRY | $337,104 |
Greater Chicago Food Depository Chicago, IL PURPOSE: DISTRIBUTE TO THE HUNGRY | $42,376 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $98 |
Endowment Analysis
| Beg. Balance | $4,650,675 |
| Earnings | -$1,132,830 |
| Admin Expense | $19,925 |
| Net Contributions | $99,981 |
| Other Expense | $214,841 |
| Ending Balance | $3,383,060 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chesterfield Food Bank Chester, VA | $4,733,303 | $12,678,774 |
Vision Baptist Missions Inc Alpharetta, GA | $4,755,365 | $10,893,530 |
Cbmc Inc Chattanooga, TN | $8,634,915 | $10,793,711 |
World Outreach Ministries Inc Kennesaw, GA | $2,301,447 | $10,553,778 |
Lutheran Home - Forsyth County Inc Salisbury, NC | $3,585,984 | $11,789,990 |
Timothy Initiative Inc Raleigh, NC | $25,869,697 | $20,418,173 |
City Of Refuge Inc Atlanta, GA | $18,578,795 | $9,135,404 |
Living On The Edge With Chip Ingram Duluth, GA | $7,733,886 | $10,860,458 |
Teen Challenge Job Training Inc Columbus, GA | $2,036,662 | $7,928,506 |
Mercy Multiplied America Inc Nashville, TN | $15,008,837 | $12,307,052 |
Outreach Foundation Of The Presbyterian Church Inc Franklin, TN | $10,682,704 | $9,066,746 |
Christian Relief Services - 21st Century Campaign Inc Alexandria, VA | $158,124,944 | $23,648,742 |