Asi Missions Inc
- Assets
- $7.7m
- Revenue
- $6.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Columbia, MD
- Founding
- 08/1990
- Data as of
- 12/2022
- EIN
- 52-1302275
Organization Overview
Asi Missions Inc is located in Columbia, MD. The organization was established in 1990. 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. Asi Missions 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 12/2022, Asi Missions Inc generated $6.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.7% each year. All expenses for the organization totaled $6.0m during the year ending 12/2022. While expenses have increased by 10.5% 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.
Since 2014, Asi Missions Inc has awarded 328 individual grants totaling $25,131,271. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S MISSION IS TO FUND PROJECTS FOR THE SEVENTH-DAY ADVENTIST CHURCH AND LAY ORGANIZATIONS THAT SUPPORT THE MISSION OF THE CHURCH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FUNDED PROJECTS IN THE AREAS OF HEALTH, EDUCATION, EVANGELISM, AND CHILD CARE (ORPHANS). THESE PROJECTS PROMOTE THE WORK OF THE SEVENTH-DAY ADVENTIST CHURCH DIRECTLY OR INDIRECTLY THROUGH 501(C)(3) ENTITIES WHICH SUPPORT THE CHURCH AND ITS MISSION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Denzil Mcneilus President | OfficerTrustee | 20 | $0 |
Dan Houghton Vice-Preside | OfficerTrustee | 1 | $0 |
Stan Smith VP For Finan | OfficerTrustee | 1 | $0 |
Philip Baptiste Secretary-Tr | OfficerTrustee | 1 | $0 |
Randy Bivens Director | Trustee | 1 | $0 |
Ruben Dias Trustee/dire | Trustee | 1 | $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 | $6,041,220 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,041,220 |
| Total Program Service Revenue | $0 |
| Investment income | $54,438 |
| 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 | $18,835 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,114,493 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,550,632 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $418,530 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| 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 | $0 |
| Fees for services: Accounting | $14,074 |
| 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 | $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 | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $8,626 |
| All other expenses | $1,661 |
| Total functional expenses | $5,993,523 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,167,651 |
| Savings and temporary cash investments | $4,448,361 |
| Pledges and grants receivable | $302,910 |
| Accounts receivable, net | $614,719 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $50,030 |
| Inventories for sale or use | $202,652 |
| 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 | $950,108 |
| Total assets | $7,736,431 |
| Accounts payable and accrued expenses | $402 |
| 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 | $12,766 |
| Total liabilities | $13,168 |
| Net assets without donor restrictions | $2,609,740 |
| Net assets with donor restrictions | $5,113,523 |
| 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 | $7,736,431 |
Grants Awarded
Over the last fiscal year, Asi Missions Inc has awarded $5,509,432 in support to 43 organizations.
| Grant Recipient | Amount |
|---|---|
1888 MESSAGE STUDY COMMITTEE PURPOSE: SUPPORT SDA PROJECTS | $100,000 |
ADVENTIST MEDICAL EVANGELISM NETWOR PURPOSE: SUPPORT SDA PROJECTS | $25,000 |
ADVENTIST AGRICULTURAL ASSOCIATION PURPOSE: SUPPORT SDA PROJECTS | $9,000 |
AUDIO VERSE PURPOSE: SUPPORT SDA PROJECTS | $95,000 |
ADVENTIST SOUTHEAST ASIA PROJECTS PURPOSE: SUPPORT SDA PROJECTS | $57,500 |
BUILD AND RESTORE INTERNATIONAL PURPOSE: SUPPORT SDA PROJECTS | $6,500 |