Fundamental Baptist World-Wide Mission Inc
- Assets
- $202.3k
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 1
- Location
- Memphis, TN
- Founding
- 12/1995
- Data as of
- 02/2024
- EIN
- 62-1603193
Organization Overview
Fundamental Baptist World-Wide Mission Inc is located in Memphis, TN. The organization was established in 1995. According to its NTEE Classification (X90) the organization is classified as: Interfaith Coalitions, 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. Fundamental Baptist World-Wide Mission 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 02/2024, Fundamental Baptist World-Wide Mission Inc generated $2.1m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $2.2m during the year ending 02/2024. While expenses have increased by 3.1% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION IS TO: 1 AID MISSIONARIES AND MISSIONS PROJECTS IN FINANCIAL AND REGULATORY MATTERS; 2 SERVE IN AREAS OF LIAISON BETWEEN MISSIONARIES AND FOREIGN GOVERNMENTS; 3 TRAIN AND COUNSEL MISSIONARIES; 4 ASSIST MISSIONARIES BY PROVIDING PRINTED MATERIALS FOR USE DURING THEIR TERMS OF SERVICE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COLLECTION AND DISTRIBUTION OF VOLUNTARY CONTRIBUTIONS TO DESIGNATED MISSIONARIES AND MISSIONS PROJECTS. PAYMENTS WERE MADE TO 34 MISSIONARIES AND MISSIONS PROJECTS ON DOMESTIC AND FOREIGN FIELDS OF SERVICE.
TRAINING SERVICES INCLUDED THE ANNUAL INSTITUTE OF MISSIONS FOR MISSIONARIES AND MISSIONARY CANDIDATES HELD IN ATOKA TN IN JUNE 2023.
PRINTING SERVICES PROVIDED BOOKLETS RELIGIOUS TRACTS AND BROCHURES FOR USE IN MISSIONARY AND MISSIONS SUPPORT ACTIVITIES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ernest C Gambrell Corporate President | OfficerTrustee | 20 | $37,533 |
Rev Freeman Weems Secretary | Trustee | 1 | $0 |
Mr Jeff Futrell Treasurer | Trustee | 2 | $0 |
Rev Finley Cutshaw Director | Trustee | 1 | $0 |
Rev Eddie Champion Director | Trustee | 0.25 | $0 |
Rev Dale Coffey Director | Trustee | 0.25 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Robert Mickeymissionary To Africa Missionary | 2/28/24 | $263,053 |
Ishac Marzoukmissionary To Africa Missionary | 2/28/24 | $141,640 |
Samuel Kim Missionary | 2/28/24 | $131,035 |
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 | $2,130,972 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,130,972 |
| Total Program Service Revenue | $0 |
| Investment income | $3,213 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| 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 | $62 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,134,247 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,987,213 |
| Grants and other assistance to Foreign Orgs/Individuals | $113,302 |
| Benefits paid to or for members | $2,637 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $17,701 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,338 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $11,154 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $5,915 |
| Travel | $382 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,063 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,850 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $2,152,334 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $75 |
| Savings and temporary cash investments | $156,536 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $45,670 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $202,281 |
| Accounts payable and accrued expenses | $600 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $53,790 |
| Total liabilities | $54,390 |
| Net assets without donor restrictions | $131,762 |
| Net assets with donor restrictions | $16,129 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $202,281 |