Faithsearch International
- Assets
- $1.7m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 6
- Location
- Edina, MN
- Founding
- 06/1979
- Data as of
- 12/2022
- EIN
- 41-1341478
Organization Overview
Faithsearch International is located in Edina, MN. The organization was established in 1979. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. As of 12/2022, Faithsearch International employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Faithsearch International 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, Faithsearch International generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.1% each year . All expenses for the organization totaled $327.6k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROCLAIMING THE GOSPEL WITH EVIDENCE TO ALL PEOPLES EVERYWHERE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRESENTATION OF EVANGELISTIC BIBLE STUDY SERIES IN HOMES, CHURCHES AND ON THE RADIO. SPECIAL SEMINARS, INDIVIDUAL & SMALL GROUP DISCIPLESHIP & TEACHER TRAINING, DISTRIBUTION OF BIBLE STUDIES MATERIAL USING A VARIETY OF MEDIA.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brad Bierle Board Member | Trustee | $0 | |
Don Bierle President | OfficerTrustee | $0 | |
Brad Little Board Member | Trustee | $0 | |
Don Nelson Board Member | Trustee | $0 | |
Patricia O'hare Board Member | Trustee | $0 | |
Jim Rasmussen Board Member | Trustee | $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 | $1,579,801 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,579,801 |
| Total Program Service Revenue | $0 |
| Investment income | $8,659 |
| 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 | $3,342 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,590,090 |
| 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 | $172,970 |
| Pension plan accruals and contributions | $6,560 |
| Other employee benefits | $5,446 |
| Payroll taxes | $8,600 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,719 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,229 |
| Advertising and promotion | $0 |
| Office expenses | $26,457 |
| Information technology | $15,083 |
| Royalties | $0 |
| Occupancy | $32,275 |
| Travel | $16,470 |
| 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 | $2,498 |
| All other expenses | $0 |
| Total functional expenses | $327,554 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $192,077 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $3,752 |
| Prepaid expenses and deferred charges | $1,600 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,502,258 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $46,617 |
| Total assets | $1,746,304 |
| Accounts payable and accrued expenses | $0 |
| 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 | $40,035 |
| Total liabilities | $40,035 |
| Net assets without donor restrictions | $1,706,269 |
| Net assets with donor restrictions | $0 |
| 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 | $1,746,304 |