Cutting Edge International Inc
- Assets
- $504.8k
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 1
- Location
- Melbourne, FL
- Founding
- 05/1988
- Data as of
- 07/2022
- EIN
- 43-1380860
Organization Overview
Cutting Edge International Inc is located in Melbourne, FL. The organization was established in 1988. According to its NTEE Classification (X21) the organization is classified as: Protestant, 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. Cutting Edge International 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 07/2022, Cutting Edge International Inc generated $1.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $1.1m during the year ending 07/2022. While expenses have increased by 5.6% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO CONDUCT AN EVANGELICAL MINISTRY IN CHURCHES THROUGH REVIVAL SERVICES AND MEETINGS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CUTTING EDGE INTERNATIONAL, INC. IS DESIGNED TO CONDUCT AN EVANGELICAL MINISTRY IN CHURCHES, THROUGH REVIVAL SERVICES AND MEETINGS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James O Davis President | OfficerTrustee | 80 | $73,735 |
Sheri R Davis Secretary | OfficerTrustee | 20 | $0 |
Rev J Don George Director | Trustee | 0 | $0 |
Jeff Jones Director | Trustee | 0 | $0 |
Rev John Baschieri Director | Trustee | 0 | $0 |
John Jacobson Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $13,553 |
| All other contributions, gifts, grants, and similar amounts not included above | $959,060 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $972,613 |
| Total Program Service Revenue | $280,297 |
| Investment income | $0 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,252,910 |
| 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. | $172,090 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $60,477 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,893 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,657 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $16,495 |
| Advertising and promotion | $40,602 |
| Office expenses | $14,532 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,496 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $51,245 |
| Insurance | $0 |
| All other expenses | $227,530 |
| Total functional expenses | $1,064,585 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $116,959 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $9,000 |
| Loans from Officers, Directors, or Controlling Persons | $235,389 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $17,208 |
| Net Land, buildings, and equipment | $10,934 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $115,280 |
| Other assets | $0 |
| Total assets | $504,770 |
| 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 | $65,693 |
| Total liabilities | $65,693 |
| Net assets without donor restrictions | $439,077 |
| 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 | $504,770 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Cutting Edge International Inc has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Inspirational Network Inc Indian Land, SC PURPOSE: Unrestricted Donation | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Vision Baptist Missions Inc Alpharetta, GA | $4,755,365 | $10,893,530 |
World Outreach Ministries Inc Kennesaw, GA | $2,301,447 | $10,553,778 |
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 |
Epworth By The Sea Inc St Simons Island, GA | $22,098,975 | $11,861,370 |
Lighthouse Gospel Mission Inc Riverview, FL | $956,099 | $6,409,452 |
Equip Leadership Inc Duluth, GA | $5,673,774 | $7,651,794 |
Learning Empowered Inc St Petersburg, FL | $2,480,728 | $4,768,957 |
21st Century Ministries Inc Bradenton, FL | $1,525,100 | $4,748,464 |
Celebration Inc Alpharetta, GA | $12,143,937 | $5,388,788 |
Man In The Mirror Inc Casselberry, FL | $4,107,188 | $4,112,268 |