Nicaragua Advances In Christian Education is located in Mckinney, TX. The organization was established in 2013. According to its NTEE Classification (Q33) the organization is classified as: International Relief, 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. Nicaragua Advances In Christian Education 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, Nicaragua Advances In Christian Education generated $253.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $181.7k during the year ending 12/2022. While expenses have increased by 1.7% 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
THE MISSION OF THE CORPORATION SHALL BE TO HELP INDIVIDUALS AND MINISTRIES WORKING IN CHRISTIAN EDUCATION AND MINISTRY IN NICARAGUA, CENTRAL AMERICA, AND THE WHOLE WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION HAS ESTABLISHED AND SUPPORTS A CHRISTIAN SCHOOL IN NUEVA GUINEA(ABOUT 5 HOURS SOUTHEAST OF MANAGUA, THE CAPITAL OF NICARAGUA). THE SCHOOL, COLEGIOCRISTIANA MANTO DE GRACIA, STARTED ITS FIRST FULL SCHOOL YEAR IN FEBRUARY OF 2011WITH PRESCHOOL, FIRST AND SECOND GRADES. EACH YEAR, A GRADE HAS BEEN ADDED. THE SCHOOL HAD ITS FIRST GRADUATING CLASS IN 2019.NICARAGUA ADVANCES IN CHRISTIAN EDUCATION ALSO SUPPORTS A CHILDREN'S BIBLE CLUB, AFTER SCHOOL READING CLUB, AFTER SCHOOL SPORTS PROGRAMS, AFTER SCHOOL COMPUTER CLASSES AND AN AFTER SCHOOL CHESS CLUB. ADDITIONALLY, THEORGANIZATION SUPPORTS A MOBILE LIBRARY OUTREACH TO 9 DIFFERENT SCHOOLS IN SMALLCOMMUNITIES - SAN JUAN, LA ESPERANCITA , LOS ANGELES, GUINEA VIEJA, SAN ROQUE, RIGOBERTO, CABEZAS, MAURICIO CAJINAS, EMANUEL MONGALO, AND 5 DE MARZO.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Robert Kelly Board Member | Trustee | 10 | $31,200 |
Bret Dahl Pres./director | OfficerTrustee | 5 | $0 |
Barbara Kelly Secretary | OfficerTrustee | 5 | $0 |
Sarah Dahl Treas/asst Sec | OfficerTrustee | 10 | $0 |
Mark Miller Board Member | Trustee | 1 | $0 |
David Kelly Board Member | Trustee | 1 | $0 |
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 | $253,580 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $253,580 |
Total Program Service Revenue | $0 |
Investment income | $15 |
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 | $253,595 |
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. | $40,800 |
Compensation of current officers, directors, key employees. | $9,600 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $350 |
Fees for services: Accounting | $688 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $1,238 |
Royalties | $0 |
Occupancy | $0 |
Travel | $6,323 |
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 | $524 |
All other expenses | $2,400 |
Total functional expenses | $181,651 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $485,720 |
Savings and temporary cash investments | $77,286 |
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 | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,082 |
Total assets | $564,088 |
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 | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $0 |
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 | $564,088 |
Total liabilities and net assets/fund balances | $564,088 |