The Mustard Seed Foundation Inc is located in Falls Church, VA. The organization was established in 1983. 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. Mustard Seed Foundation 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 12/2021, Mustard Seed Foundation Inc generated $2.7m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 9.7% each year. All expenses for the organization totaled $2.8m during the year ending 12/2021. While expenses have increased by 1.2% per year over the past 5 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Eric Hornberger Executive Director | 40 | $167,971 | |
Lonni Jackson Executive Director | 40 | $165,175 | |
Kent Bakke Director Of Americas | 40 | $106,619 | |
Nancy Gray Director Of Administ | 24 | $57,569 | |
Eileen Bakke Co-Chair | 1 | $0 | |
Dennis Bakke Co-Chair | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $2,700,000 |
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 | $0 |
Total Revenue | $2,700,000 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $333,146 |
Other employee salaries and wages | $164,188 |
Pension plans, employee benefits | $92,429 |
Interest | $0 |
Taxes | $808 |
Depreciation | $2,091 |
Occupancy | $13,037 |
Travel, conferences, and meetings | $16,516 |
Printing and publications | $0 |
Other expenses | $106,590 |
Total operating and administrative expenses | $742,685 |
Contributions, gifts, grants paid | $2,058,301 |
Total expenses and disbursements | $2,800,986 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $674,177 |
Savings and temporary cash investments | $831 |
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 | $859 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $5,632 |
Other assets | $0 |
Total assets | $681,499 |
Accounts payable and accrued expenses | $5,046 |
Grants payable | $20,000 |
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 | $25,046 |
Over the last fiscal year, The Mustard Seed Foundation Inc has awarded $2,052,609 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
SEE ATTACHED SCHEDULE PURPOSE: SEE ATTACHED | $2,083,149 |
LESS RECOVERIES FROM PRIOR YEARS PURPOSE: N/A | -$30,540 |
Over the last fiscal year, we have identified 1 grants that The Mustard Seed Foundation Inc has recieved totaling $500.
Awarding Organization | Amount |
---|---|
John And Becky Wright Foundation Inc Wheeling, WV PURPOSE: GENERAL SUPPORT | $500 |
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 |
Cbmc Inc Chattanooga, TN | $8,634,915 | $10,793,711 |
Lutheran Home - Forsyth County Inc Salisbury, NC | $3,585,984 | $11,789,990 |
Timothy Initiative Inc Raleigh, NC | $25,869,697 | $20,418,173 |
Mercy Multiplied America Inc Nashville, TN | $15,008,837 | $12,307,052 |
Outreach Foundation Of The Presbyterian Church Inc Franklin, TN | $10,682,704 | $9,066,746 |
Christian Relief Services - 21st Century Campaign Inc Alexandria, VA | $158,124,944 | $23,648,742 |
Score International Inc Chattanooga, TN | $7,470,885 | $5,241,961 |
Kentucky Baptist Assemblies Inc Louisville, KY | $21,761,753 | $7,127,086 |
Missionary Athletes International Charlotte, NC | $3,307,948 | $5,472,845 |
Persecution Project Foundation Culpeper, VA | $1,374,670 | $4,791,069 |