Philippine-Asian Missions Inc
- Assets
- $50.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bloomington, MN
- Founding
- 02/1984
- Data as of
- 12/2021
- EIN
- 41-1418856
Organization Overview
Philippine-Asian Missions Inc is located in Bloomington, MN. The organization was established in 1984. According to its NTEE Classification (Q34) the organization is classified as: International Educational Development <i>(Draft Code - not for internal IRS use)</i>, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Philippine-Asian Missions 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 12/2021, Philippine-Asian Missions Inc generated $87.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $77.6k during the year ending 12/2021. While expenses have increased by 3.9% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
CHURCHES, SCHOOL MISSIONS, RADIO MINISTRY IN PHILIPPINES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Efteland Vice President | 0.5 | $0 | |
Brenda Efteland Secretary | 0.5 | $0 | |
Michael Thorud President | 9 | $0 | |
David Steinmeier Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $87,094 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $87,094 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $77,640 |
| Total expenses | $77,640 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $50,303 |
| Other assets | $0 |
| Total assets | $50,303 |
| Total liabilities | $0 |
| Net assets or fund balances | $50,303 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Philippine-Asian Missions Inc has recieved totaling $9,390.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $9,390 |
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