Woerner Foundation For World Missions Inc
- Assets
- $787.1k
- Revenue
- $284.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Foley, AL
- Founding
- 09/1997
- Data as of
- 06/2024
- EIN
- 65-0687118
Organization Overview
Woerner Foundation For World Missions Inc is located in Foley, AL. The organization was established in 1997. According to its NTEE Classification (X20) the organization is classified as: Christianity, 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. Woerner Foundation For World Missions 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 06/2024, Woerner Foundation For World Missions Inc generated $284.4k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 52.8% each year . All expenses for the organization totaled $100.0k during the year ending 06/2024. While expenses have increased by 15.3% per year over the past 9 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.
Since 2016, Woerner Foundation For World Missions Inc has awarded 43 individual grants totaling $355,436. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
MISSIONARY ASSISTANCE - THE FOUNDATION PROVIDES FINANCIAL SUPPORT FOR MISSIONARIES.
BENEVOLENCE/HUMANITARIAN ASSISTANCE - THE FOUNDATION PROVIDES FINANCIAL SUPPORT FOR NEEDY CHURCHES AND INDIVIDUALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
April Funk Treasurer | 1 | $0 | |
Roger L Woerner President | 1 | $0 | |
Gale W Woerner Secretary | 1 | $0 | |
R Maxwell Woerner Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $250,000 |
| Interest on Savings | $34,414 |
| 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 | $284,414 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $11 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $10 |
| Total operating and administrative expenses | $21 |
| Contributions, gifts, grants paid | $100,000 |
| Total expenses and disbursements | $100,021 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $787,090 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $787,090 |
| 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 Awarded
Over the last fiscal year, Woerner Foundation For World Missions Inc has awarded $133,900 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
BAXSTRONG FOUNDATION PURPOSE: BENEVOLENCE | $2,900 |
THE DREAM CENTER PURPOSE: BENEVOLENCE | $1,000 |
PARADISE MOUNTAIN MINISTRIES PURPOSE: BENEVOLENCE | $100,000 |
SUMMIT CHURCH PURPOSE: BENEVOLENCE | $30,000 |