Accord Network
- Assets
- $272.1k
- Revenue
- $380.1k
- Investments
- $0.0
- Employees
- 1
- Location
- Washington, DC
- Founding
- 10/1980
- Data as of
- 12/2021
- EIN
- 52-1130135
Organization Overview
Accord Network, operating under the name Association of Evangelical Relief and Development Organizations, is located in Washington, DC. The organization was established in 1980. 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. Association of Evangelical Relief and Development Organizations 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, Association of Evangelical Relief and Development Organizations generated $380.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $322.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.9%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT CHRISTIAN RELIEF AND DEVELOPMENT ORGANIZATIONS IN FULFILLING THEIR EXEMPT PURPOSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBER SERVICES - THE ORGANIZATION PROVIDES AN ONLINE INFORMATION SOURCE FOR MEMBERS TO POST AND GATHER INFORMATION RELATED TO THEIR EXEMPT PURPOSES. IN ADDITION, THE ORGANIZATION HOLDS CONFERENCE CALLS WITH EXPERTS WHO CAN SHARE INFORMATION RELATED TO THE EXEMPT PURPOSES OF MEMBER ORGANIZATIONS.
EXECUTIVE RETREATS - THE ORGANIZATION HOSTS EXECUTIVE RETREATS WHERE LEADERS OF THE MEMBER ORGANIZATIONS DISCUSS SOLUTIONS TO THEIR BIGGEST CHALLENGES IN A COLLABORATIVE ENVIRONMENT.
CONFERENCE - THE ORGANIZATION HOSTS AN ANNUAL CONFERENCE BRINGING CHRIST-CENTER ORGANIZATIONS TOGETHER TO SUPPORT AND ENHANCE THEIR CAPACITY TO FULFILL THEIR MISSIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chad Hayward Executive Director | Officer | 40 | $130,455 |
Mike Mercer Chair | OfficerTrustee | 1 | $0 |
Michael Cerna Treasurer | OfficerTrustee | 1 | $0 |
Nell Becker Sweeden Vice-Chair | OfficerTrustee | 1 | $0 |
Micah Payton Secretary | OfficerTrustee | 1 | $0 |
Joann Flett Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $31,584 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $31,584 |
| Total Program Service Revenue | $348,378 |
| Investment income | $146 |
| 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 | $380,108 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,525 |
| 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. | $172,187 |
| Compensation of current officers, directors, key employees. | $13,775 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,155 |
| Payroll taxes | $9,769 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,184 |
| Fees for services: Accounting | $3,625 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $48,876 |
| Advertising and promotion | $0 |
| Office expenses | $7,794 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $5,620 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $62,193 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $4,935 |
| Total functional expenses | $322,863 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $45,002 |
| Savings and temporary cash investments | $223,714 |
| 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 | $2,070 |
| Net Land, buildings, and equipment | $1,351 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $272,137 |
| Accounts payable and accrued expenses | $33,361 |
| Grants payable | $0 |
| Deferred revenue | $2,816 |
| 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 | $36,177 |
| Net assets without donor restrictions | $235,960 |
| 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 | $272,137 |
Grants Awarded
Over the last fiscal year, Accord Network has awarded $12,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Alpharetta, GA PURPOSE: For future operations | $6,500 |
Centennial, CO PURPOSE: To promote poverty-focused development aid to grassroots | $5,500 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Accord Network has recieved totaling $65,500.
| Awarding Organization | Amount |
|---|---|
Gordon Christian Trust Grand Rapids, MI PURPOSE: GENERAL SUPPORT | $38,500 |
Gordon Christian Trust Grand Rapids, MI PURPOSE: GENERAL SUPPORT | $27,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Interfaith Works Inc Rockville, MD | $3,434,731 | $16,207,843 |
Chesterfield Food Bank Chester, VA | $4,733,303 | $12,678,774 |
Christian Relief Services - 21st Century Campaign Inc Alexandria, VA | $158,124,944 | $23,648,742 |
Persecution Project Foundation Culpeper, VA | $1,374,670 | $4,791,069 |
Episcopal Church Home Friendship Inc Washington, DC | $7,830,953 | $3,216,110 |
The Mustard Seed Foundation Inc Falls Church, VA | $681,499 | $2,700,000 |
House Of Mercy Manassas, VA | $1,091,367 | $2,811,923 |
Church On The Move Woodbridge, VA | $5,980,061 | $2,009,590 |
Asi Missions Inc Columbia, MD | $6,543,819 | $1,801,352 |
Joy Ministries Evangelistic Association Virginia Beach, VA | $325,939 | $1,876,846 |
Christ Lutheran Church Foundation Inc Baltimore, MD | $8,846,381 | $738,726 |
Baltimore Yearly Meeting Of The Religious Society Of Friends Sandy Spring, MD | $5,573,222 | $2,381,749 |