Honeyword Foundation Inc
- Assets
- $147.7k
- Revenue
- $232.4k
- Investments
- $185.0
- Employees
- 0
- Location
- Chelsea, AL
- Founding
- 08/2014
- Data as of
- 12/2021
- EIN
- 59-2447387
Organization Overview
Honeyword Foundation Inc is located in Chelsea, AL. The organization was established in 2014. According to its NTEE Classification (X83) the organization is classified as: Religious Printing & Publishing, 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. Honeyword 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, Honeyword Foundation Inc generated $232.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $141.6k during the year ending 12/2021. 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
DEVELOPMENT OF BIBLE STUDY MATERIALS FOR CHILDREN AND TRAINING OF CHURCH PERSONNEL, CHRISTIAN SCHOOLS, AND EDUCATORS ON USE OF THE PROGRAM MATERIALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Emmett Cooper Founder | 40 | $90,296 | |
Bryan Ratliff Board Of Director | 0 | $0 | |
Jim Ray Treasurer | 0 | $0 | |
Bill Stevens Board Member | 0 | $0 | |
Micah Salsman Board Member | 0 | $0 | |
Morganne Harper Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $205,051 |
| Interest on Savings | $221 |
| 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 | $27,078 |
| Total Revenue | $232,350 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $90,296 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,145 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $2,277 |
| Printing and publications | $1,380 |
| Other expenses | $37,551 |
| Total operating and administrative expenses | $141,649 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $141,649 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $102,500 |
| Savings and temporary cash investments | $45,063 |
| 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 | $185 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $147,748 |
| 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 Recieved
Over the last fiscal year, we have identified 3 grants that Honeyword Foundation Inc has recieved totaling $82,350.
| Awarding Organization | Amount |
|---|---|
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: RELIGIOUS | $70,000 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $10,350 |
Moulton Family Charitable Tr Birmingham, AL PURPOSE: RELIGIOUS - OPERATIONS | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United Methodist Church Methodist Publishing House Nashville, TN | $34,674,204 | $21,446,424 |
Ewtn News Inc Irondale, AL | $1,918,192 | $16,381,481 |
Knoxville Leadership Foundation Knoxville, TN | $5,333,605 | $4,089,168 |
The R H Boyd Company Nashville, TN | $13,997,405 | $1,644,843 |
Gods Word To The Nations Mission Society Fleming Island, FL | $542,636 | $1,365,536 |
Sword Of The Lord Foundation Murfreesboro, TN | $3,942,238 | $620,448 |
Celebrating Grace Inc Macon, GA | $3,084,830 | $800,976 |
Fortify Your Faith Foundation Inc Jackson, TN | $1,806,781 | $1,011,958 |
Associated Baptist Press Jacksonville, FL | $152,907 | $702,219 |
Inspiration Books East Inc Jemison, AL | $513,380 | $651,134 |
Polis Institute Inc Orlando, FL | $52,282 | $493,061 |
Christ Church Media Inc New Albany, MS | $149,641 | $471,546 |