10000 Fathers Inc
- Assets
- $55.8k
- Revenue
- $383.7k
- Investments
- $0.0
- Employees
- 2
- Location
- Colorado Springs, CO
- Founding
- 01/2015
- Data as of
- 12/2023
- EIN
- 46-2325700
Organization Overview
10000 Fathers Inc is located in Colorado Springs, CO. The organization was established in 2015. According to its NTEE Classification (X80) the organization is classified as: Religious Media & Communications, under the broad grouping of Religion-Related and related organizations. As of 12/2023, 10000 Fathers Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 10000 Fathers 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 12/2023, 10000 Fathers Inc generated $383.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $431.0k during the year ending 12/2023. While expenses have increased by 8.3% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MINISTRY EXISTS TO TEACH AND PREACH THE GOSPEL OF JESUS CHRIST AS TAUGHT IN THE HOLY BIBLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE WORSHIP SCHOOL IS OUR 18-MONTH, IN-DEPTH LEADERSHIP DEVELOPMENT PROCESS FOR WORSHIP LEADERS. THE 18-MONTHS OF WORSHIP SCHOOL ARE DIVIDED INTO THREE, SIX-MONTH TRACKS. TRACK 1 FOCUSES ON CHARACTER, TRACK 2 ONCOMPETENCY, AND TRACK 3 ON THEIR CALLING AND COMMUNITY. FOR ONSITE STUDENTS, EACH TRACK BEGINS WITH A FIVEDAY INTENSIVE, WHILE THE REMAINING COACHING HAPPENS ONLINE WHEN THEY RETURN HOME. THERE IS ALSO AFULLY ONLINE VERSION OF THE WORSHIP SCHOOL THROUGH PRE-RECORDED VIDEO CONTENT. 10KFAM WORSHIP SCHOOL HASTRAINED OVER 550 LEADERS IN TOTAL, IMPACTING AN ESTIMATED 250,000 LIVES EACH WEEK WORLDWIDE, THROUGH ALUMNI AND STUDENTS.
PLACEMENT AND CONSULTING SERVICES IS THE FORMALIZED PROCESS THROUGH WHICH 10KFAM CONNECTS CHURCHES SEEKING WORSHIP LEADERS WITH CANDIDATES FROM OUR NETWORK IN SEARCH OF FULL TIME POSITIONS. CHURCHES ENTER INTO A CONTRACT WITH 10KFAM AND ARE ASSIGNED AN INDIVIDUAL FROM 10KFAM WHO WALKS THEM THROUGH THE RECRUITMENT OR THE CONSULTING PROCESS, BASED ON WHAT THE CHURCH DESIRES.
MERE WORSHIP IS OUR SUBSCRIPTION-BASED ONLINE COMMUNITY OF WORSHIP LEADERS WHO GATHER AROUND CONTENT THAT IS SEPARATE FROM THE WORSHIP SCHOOL CURRICULUM, WHILE STILL SHARING A COMMON FOUNDATION. MERE WORSHIP FOCUSES ON THE PARADIGMS AND PRACTICES OF EFFECTIVE WORSHIP LEADERSHIP THROUGH ON- DEMAND VIDEO LECTURES, ONLINE COLLABORATION, AND WEEKLY OR MONTHLY OFFICE HOURS WITH A WORSHIP PASTOR FROM OUR COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aaron Keyes Board Member | OfficerTrustee | 40 | $72,708 |
Lauren Settembrini Executive Di | Officer | 40 | $46,200 |
Tom Brown Board Member | Trustee | $0 | |
Nathan Settembrini Treasurer/se | OfficerTrustee | $0 | |
Adrienne Smith Board Chair | OfficerTrustee | $0 | |
Kevin Smith 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 | $97,470 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $97,470 |
| Total Program Service Revenue | $280,463 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $5,924 |
| 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 | -$1,787 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $383,737 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $7,077 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $126,831 |
| Compensation of current officers, directors, key employees. | $28,265 |
| Compensation to disqualified persons | $3,333 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,789 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $36,617 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $117,655 |
| Advertising and promotion | $12,795 |
| Office expenses | $6,836 |
| Information technology | $4,138 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $3,251 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $83,138 |
| Interest | $4,279 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,604 |
| All other expenses | $686 |
| Total functional expenses | $431,014 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $38,292 |
| Savings and temporary cash investments | $2,723 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $14,792 |
| 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 | $0 |
| Total assets | $55,807 |
| Accounts payable and accrued expenses | $17,627 |
| 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 | $1,706 |
| Total liabilities | $19,333 |
| Net assets without donor restrictions | $36,474 |
| 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 | $55,807 |