Missions Development International
- Assets
- $395.1k
- Revenue
- $644.2k
- Investments
- $0.0
- Employees
- 2
- Location
- Nashville, TN
- Founding
- 03/2000
- Data as of
- 06/2022
- EIN
- 62-1731612
Organization Overview
Missions Development International is located in Nashville, TN. The organization was established in 2000. According to its NTEE Classification (Q32) the organization is classified as: International Economic Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 06/2022, Missions Development International employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Missions Development International 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, Missions Development International generated $644.2k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 16.0% each year . All expenses for the organization totaled $510.7k during the year ending 06/2022. While expenses have increased by 16.7% per year over the past 6 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
MDI MENTORS, CONSULTS AND EQUIPS CHRISTIAN MINISTRY LEADERS THROUGH LEADERSHIP DEVELOPMENT, STRATEGIC PLANNING, HUMAN RESOURCE MANAGEMENT, FAMILY COUNSELING AND MUCH MORE.
Describe the Organization's Program Activity:
MENTORING & CONSULTING - MDI PROVIDES MENTORING AND CONSULTING SERVICES AT NO CHARGE TO LEADERS OF CHRISTIAN MINISTRIES, CHURCHES, MISSIONARIES AND OTHER PROGRAMS BOTH DOMESTICALLY AND INTERNATIONALLY. BY POURING INTO LEADERS IN THEIR ESTABLISHED MINISTRIES, MDI IS ABLE TO EQUIP THESE LEADERS TO ACHIEVE GOD'S CALLING ON THEIR LIVES. INVESTING IN THESE LEADERS AND THEIR MINISTRIES RESULTS IN SUSTAINED MINISTRY OUTREACH AND HUMANITARIAN AID IN PARTS OF THE WORLD THAT DESPERATELY NEED IT. MDI IS EMPOWERING LEADERS TO IMPACT THE WORLD.
EQUIPPING - OFTEN LEADERS ARE NOT ABLE TO ALLOCATE LARGER AMOUNTS OF TIME FOR MDI'S MENTORING AND CONSULTING SERVICES BUT ARE STILL IN NEED OF ENRICHMENT AND ENCOURAGEMENT. MDI HOLDS EVENTS TO SERVE THESE CHURCH AND PARACHURCH LEADERS IN SMALLER ONE-DAY INTENSIVES WITH A HEART TO PROVIDE TRAINING, ENCOURAGEMENT AND SUPPORT.
FISCAL SPONSORSHIPS - MDI WORKS WITH MANY MINISTRY LEADERS ALL OVER THE WORLD, MANY OF WHOM ARE INTERNATIONAL NGO'S, BUT ARE NOT REGISTERED WITH THE INTERNAL REVENUE SERVICE. WE PERIODICALLY RECEIVE REQUESTS FROM MINISTRY LEADERS TO UTILIZE MDI'S UNITED STATES-BASED TAX-EXEMPT STATUS TO SERVE AS A FINANCIAL CONDUIT, OR FISCAL SPONSOR, FOR A PROJECT, MISSIONARY, NEW INITIATIVE OR OTHER MINISTRY VENTURE THAT CLOSELY ALIGNS WITH MDI'S MISSION. WE SEE THIS AS AN OPPORTUNITY TO PARTNER WITH LEADERS TO STRENGTHEN MINISTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven Lorenz Director & Co-Founder | Trustee | 20 | $28,167 |
Martha Scudder Director & Co-Founder | Trustee | 20 | $28,167 |
Brian Smith Chairman | OfficerTrustee | 1 | $0 |
Becky Garrett Director | Trustee | 1 | $0 |
Jim Payne Director | Trustee | 1 | $0 |
Colin Yankee Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $164,030 |
| Related organizations | $0 |
| Government grants | $78,730 |
| All other contributions, gifts, grants, and similar amounts not included above | $423,595 |
| Noncash contributions included in lines 1a–1f | $1,085 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $666,355 |
| Total Program Service Revenue | $0 |
| Investment income | $25 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $800 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$22,947 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $644,233 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $143,971 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $139,524 |
| Compensation of current officers, directors, key employees. | $20,929 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $52,885 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,885 |
| Payroll taxes | $9,625 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,800 |
| 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 | $2,573 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $106,742 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $522 |
| All other expenses | $89 |
| Total functional expenses | $510,729 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $59,568 |
| Savings and temporary cash investments | $331,045 |
| 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 | $4,496 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $395,109 |
| Accounts payable and accrued expenses | $6,297 |
| 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 | $0 |
| Total liabilities | $6,297 |
| Net assets without donor restrictions | $197,816 |
| Net assets with donor restrictions | $190,996 |
| 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 | $395,109 |