Honeyword Foundation Inc
- Assets
- $231.4k
- Revenue
- $231.7k
- Investments
- $184.0
- Employees
- 0
- Location
- Chelsea, AL
- Founding
- 08/2014
- Data as of
- 12/2022
- 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 12/2022, Honeyword Foundation Inc generated $231.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $148.0k during the year ending 12/2022. While expenses have increased by 0.1% 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
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 | $78,853 | |
Jim Ray Treasurer | 1 | $0 | |
Bryan Ratliff Board Of Director | 1 | $0 | |
Bill Stevens Board Member | 1 | $0 | |
Barbara Nevins Board Member | 1 | $0 | |
Owen Vickers Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $217,459 |
| Interest on Savings | $212 |
| 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 | $13,991 |
| Total Revenue | $231,662 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $78,853 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,586 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $3,465 |
| Printing and publications | $2,967 |
| Other expenses | $55,634 |
| Total operating and administrative expenses | $148,005 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $148,005 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $186,093 |
| Savings and temporary cash investments | $45,128 |
| 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 | $184 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $231,405 |
| 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 |