Woodlands Religious Community Inc, operating under the name Interfaith Of The Woodlands, is located in The Woodlands, TX. The organization was established in 1975. According to its NTEE Classification (S22) the organization is classified as: Neighborhood & Block Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, Interfaith Of The Woodlands employed 366 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Interfaith Of The Woodlands 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 12/2023, Interfaith Of The Woodlands generated $24.7m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $26.6m during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO AID, PROMOTE AND PROVIDE FOR RELIGIOUS COOPERATION IN THE WOODLANDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FAMILY SERVICES - PROVIDE FOOD, UTILITY AND RENT ASSISTANCE, CLOTHING, TRANSPORTATION, SCHOOL SUPPLIES AND REFERRALS TO INDIVIDUALS AS WELL AS FAMILIES. COORDINATE THE EFFORTS OF LOCAL CHARITIES SERVING THE COMMUNITY. PROVIDE ACTIVITIES FOR SENIORS AND DISABLED PERSONS. OPERATE RESALE SHOP. PROVIDE PERSONAL, MARITAL AND FAMILY COUNSELING TO EMPLOYEE FAMILIES AND THE COMMUNITY AS WELL AS TRAINING AND PERFORMANCE IMPROVEMENT SERVICES TO CORPORATIONS. IN 2023, FAMILY SERVICES PROVIDED 39,623 SERVICES TO 7,709 INDIVIDUALS AND SENIOR SERVICES PROVIDED SERVICES TO 778 INDIVIDUALS.
WORKFORCE PROGRAM - PROVIDE JOB PLACEMENT ASSISTANCE AND, AS NEEDED, JOB TRAINING ASSISTANCE TO DISPLACED AND UNEMPLOYED INDIVIDUALS AT NO COST TO THE CLIENTS SERVED. SERVICES PROVIDED TO INDIVIDUALS INCLUDE RESUME ASSISTANCE, JOB LEADS, RESOURCE ROOM USAGE INCLUDING FREE LONG DISTANCE, INTERNET ACCESS AND FAXING, PERSONAL CAREER AND FINANCIAL COUNSELING. INDIVIDUALS USING THESE SERVICES INCLUDE WELFARE RECIPIENTS WITH LITTLE OR NO WORK EXPERIENCE UP TO AND INCLUDING CORPORATE EXECUTIVES WHO REQUIRE OUTPLACEMENT SERVICES. WORKFORCE PROVIDED 422,543 SERVICES IN 2023.
CHILD CARE PROGRAM - PROVIDE A LOVING, NURTURING ENVIRONMENT FOR PRE-SCHOOL CHILDREN WITH EMPHASIS ON FOSTERING SOCIAL AND EMOTIONAL DEVELOPMENT. DURING 2023, CHILD CARE SERVED 400 FAMILIES AND 10 CHILDREN RECEIVED SUBSIDIZED CARE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Name Not Listed Vice Chair | OfficerTrustee | 2 | $0 |
Name Not Listed Secretary | OfficerTrustee | 2 | $0 |
Name Not Listed Chair | OfficerTrustee | 2 | $0 |
Name Not Listed Clergy Representative | OfficerTrustee | 2 | $0 |
Name Not Listed Treasurer | OfficerTrustee | 2 | $0 |
Name Not Listed Director | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $100,560 |
Membership dues | $0 |
Fundraising events | $452,103 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $2,788,600 |
Noncash contributions included in lines 1a–1f | $2,135,910 |
Total Revenue from Contributions, Gifts, Grants & Similar | $3,341,263 |
Total Program Service Revenue | $20,820,526 |
Investment income | $163,471 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$45,120 |
Net Income from Fundraising Events | $354,519 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | -$117,887 |
Miscellaneous Revenue | $0 |
Total Revenue | $24,668,444 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $1,451,829 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $694,099 |
Compensation of current officers, directors, key employees. | $694,099 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $13,259,389 |
Pension plan accruals and contributions | $230,072 |
Other employee benefits | $1,324,468 |
Payroll taxes | $1,005,745 |
Fees for services: Management | $0 |
Fees for services: Legal | $12,882 |
Fees for services: Accounting | $48,375 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $13,596 |
Advertising and promotion | $39,487 |
Office expenses | $213,355 |
Information technology | $159,878 |
Royalties | $0 |
Occupancy | $3,019,071 |
Travel | $156,827 |
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 | $1,678,431 |
Insurance | $200,704 |
All other expenses | $0 |
Total functional expenses | $26,626,631 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $1,239,031 |
Pledges and grants receivable | $565,039 |
Accounts receivable, net | $58,273 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $129,635 |
Prepaid expenses and deferred charges | $466,404 |
Net Land, buildings, and equipment | $5,282,671 |
Investments—publicly traded securities | $4,902,774 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $7,511,569 |
Total assets | $20,155,396 |
Accounts payable and accrued expenses | $520,237 |
Grants payable | $0 |
Deferred revenue | $168,495 |
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 | $7,113,500 |
Total liabilities | $7,802,232 |
Net assets without donor restrictions | $8,368,643 |
Net assets with donor restrictions | $3,984,521 |
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 | $20,155,396 |