World Encounter
- Assets
- $37.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Saint Paul, MN
- Founding
- 01/1998
- Data as of
- 12/2021
- EIN
- 41-1847206
Organization Overview
World Encounter is located in Saint Paul, MN. The organization was established in 1998. According to its NTEE Classification (X80) the organization is classified as: Religious Media & Communications, 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. World Encounter 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, World Encounter generated $91.1k 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 (4.3%) each year. All expenses for the organization totaled $125.1k during the year ending 12/2021. 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
SERVING THE POOR IN THE DEVELOPING WORLD. MICROLOANS ARE PROVIDED TO THE WORKING POOR TO HELP PEOPLE WORK THEIR WAY OUT OF POVERTY. SHORT-TERM VOLUNTEER TEAM MEMBERS PROVIDE TRAINING IN BASIC BUSINESS SKILLS,CAREER SPECIFIC SKILLS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Curtis Rosen Program Manager | 40 | $0 | |
Susan Fitzke Secretary/treasurer | 2 | $0 | |
Ali Carroll Board Member | 2 | $0 | |
Tim Vossen Board Member | 2 | $0 | |
Diana Martenson Pres | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $90,898 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $173 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $91,071 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $24,000 |
| Professional fees and other payments to independent contractors | $27,000 |
| Occupancy, rent, utilities, and maintenance | $1,800 |
| Printing, publications, postage, and shipping | $1,060 |
| Other expenses | $71,256 |
| Total expenses | $125,116 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $33,598 |
| Other assets | $0 |
| Total assets | $37,293 |
| Total liabilities | $59,496 |
| Net assets or fund balances | -$22,203 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that World Encounter has recieved totaling $84.
| Awarding Organization | Amount |
|---|---|
Ge Foundation Norwalk, CT PURPOSE: MATCHING GIFTS | $50 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $34 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Salvation Poem Foundation Sparta, WI | $3,136,023 | $4,409,624 |
Minn-Iowa Christian Broadcasting Inc Mankato, MN | $3,549,582 | $1,750,381 |
Christian Heritage Broadcasting Inc Osakis, MN | $3,031,849 | $1,841,551 |
Minnesota Christian Broadcasters Inc Pequot Lakes, MN | $2,085,212 | $1,109,834 |
Great Commission Media Ministries - Usa Saint Paul, MN | $175,593 | $878,017 |
Lakeshore Communications Inc De Pere, WI | $849,224 | $666,318 |
Patternsofevidencefoundation Eden Prairie, MN | $194,892 | $605,435 |
Pastors Study Minneapolis, MN | $630,324 | $857,100 |
Creation Moments Inc Foley, MN | $398,463 | $346,258 |
T L C Broadcasting Corporation Mason City, IA | $562,902 | $267,903 |
Well Read Mom Ironton, MN | $167,698 | $334,511 |
Western Wisconsins Inspirational Broadcaster Inc Chippewa Falls, WI | $8,068 | $0 |