The Church Initiative Inc

Organization Overview

The Church Initiative Inc is located in Wake Forest, NC. The organization was established in 1995. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. As of 06/2022, Church Initiative Inc employed 38 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Church Initiative 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 06/2022, Church Initiative Inc generated $5.7m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 16.6% each year . All expenses for the organization totaled $4.1m during the year ending 06/2022. While expenses have increased by 7.8% per year over the past 3 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

ESTABLISH EQUIP AND PROVIDE ONGOING BIBLICALLY BASED AND CHRIST CENTERED CHURCH SPONSORED LIFE CRISES MINISTRY SUPPORT GROUPS

Describe the Organization's Program Activity:

Part 3 - Line 4a

ESTABLISHED AND EQUIPPED 3,143 NEW CHURCH SPONSORED LIFE CRISES MINISTRY SUPPORT GROUPS. DISTRIBUTED 278,457 NEW BOOKS AND 987,650 PROMOTION SHEETS TO CHUCHES FOR USE BY BIBLICALLY BASED AND CHRIST-CENTERED MINISTRY SUPPORT GROUP PARTICIPANTS. HOSTED MULTIPLE WEBSITES PROMOTING CHURCH GROUPS AND CONNECTING POTENTIAL PARTICIPANTS TO CHURCHES. MADE AVAILABLE LIVE CRISIS MINISTRY CURRICULUM-USE CONSULTATION TO THOUSQANDS OF CHURCHES EACH BUSINESS WORKDAY. MADE MANY FREE DIGITAL DOWNLOAD AND STREAMING TOOLS AVAILABLE TO GROUP FACILITATORS AND PARTICIPANTS. SENT MORE THAN 35,000 DEVOTIONAL EMAIL MESSAGES EACH DAY OF THE YEAR.


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Board, Officers & Key Employees

Name (title)Compensation
Stephen D Grissom
CEO
$212,410
Cheryl A Grissom
VP
$97,631
William B Dunn
Director
$0
Bradley M Buie
Directortreasurer
$0
Robert S Stancil
Director
$0
Samuel J Hodges IV
President
$88,814

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Kelly Networking Services
Technology Systems
$162,898
Jason Ives
Technology Systems
$109,442
View All Vendors

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$5,798
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$5,798
Total Program Service Revenue$0
Investment income $2,670
Tax Exempt Bond Proceeds $0
Royalties $18,927
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 $5,640,455
Miscellaneous Revenue$0
Total Revenue $5,667,850

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