Bethesda Mission Associates Inc
- Assets
- $52.7k
- Revenue
- $507.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Bethesda, MD
- Founding
- 10/2004
- Data as of
- 12/2022
- EIN
- 54-2133240
Organization Overview
Bethesda Mission Associates Inc is located in Bethesda, MD. The organization was established in 2004. According to its NTEE Classification (X20) the organization is classified as: Christianity, 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. Bethesda Mission Associates 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, Bethesda Mission Associates Inc generated $507.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $426.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Bethesda Mission Associates Inc has awarded 15 individual grants totaling $3,917,922. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
CENTRAL EDUCATION ICHTHUS: SUPPORT CHRISTIAN SCHOOL FOR EDUCATING FUTURE CHRISTIAN LEADERS IN MEXICO AND SUPPORT LOCAL CHURCH AND OTHER MISSIONARY WORK.
RUSSIA MISSIONARY WORK
DURING THE YEAR THE ORGANIZATION HOSTED A MISISONARY TRIP TO ISRAEL AND JORDON
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ae Kyung Lee President, Treasurer | 40 | $0 | |
Rachel Oh Director | 15 | $0 | |
Rev Tae Ku Lee Director | 10 | $0 | |
Tina Lee Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $507,100 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $256 |
| Total Revenue | $507,356 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $10,040 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $92,435 |
| Total operating and administrative expenses | $122,725 |
| Contributions, gifts, grants paid | $304,000 |
| Total expenses and disbursements | $426,725 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $52,678 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $52,678 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Bethesda Mission Associates Inc has awarded $304,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CENTRO EDUCATIVO ICHTUS PURPOSE: TO OPERATE A CHRISTIAN MISSIONARY SCHOOL | $300,000 |
REV MI KYONG YUN PURPOSE: TO SUPPORT MISSIONARY WORK IN RUSSIA | $4,000 |