Mission Waco Mission World Inc
- Assets
- $7.4m
- Revenue
- $4.7m
- Investments
- $0.0
- Employees
- 142
- Location
- Waco, TX
- Founding
- 12/1991
- Data as of
- 12/2021
- EIN
- 74-2605621
Organization Overview
Mission Waco Mission World Inc is located in Waco, TX. The organization was established in 1991. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Mission Waco Mission World Inc employed 142 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mission Waco Mission World 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 12/2021, Mission Waco Mission World Inc generated $4.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.5% each year. All expenses for the organization totaled $4.0m during the year ending 12/2021. While expenses have increased by 6.3% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
1. PROVIDE CHRISTIAN-BASED HOLISTIC, RELATIONSHIP-BASED PROGRAMS THAT EMPOWER THE POOR AND MARGINALIZED. 2. MOBILIZE MIDDLE-CLASS AMERICANS TO BECOME MORE COMPASSIONATELY INVOLVED AMONG THE POOR. 3. SEEK WAYS TO OVERCOME THE SYSTEMIC ISSUES OF SOCIAL INJUSTICE WHICH OPPRESS THE POOR AND MARGINALIZED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MOBILIZING PROGRAMS: SEMINARS DESIGNED TO RAISE PARTICIPANTS AWARENESS OF POVERTY LOCALLY, IN THE UNITED STATES AND WORLDWIDE. HIGH SCHOOL, COLLEGE STUDENTS AND OTHER INDIVIDUALS ATTENDED THESE SEMINARS ENTITLED "POVERTY SIMULATIONS". IN ADDITION, THE ORGANIZATION SPONSORED TRIPS TO MEXICO, HAITI AND INDIA. THE PURPOSE OF THESE TRIPS WAS TO EXPOSE PARTICIPANTS TO CULTURAL AND RELIGIOUS SITUATIONS. VOLUNTEERS FROM THE COMMUNITY AND CHURCHES OF THE WACO AREA AND ACROSS THE UNITED STATES HELP IN ALL PROGRAMS OF MISSION WACO. INTERNSHIPS ARE OFFERED IN A VARIETY OF DISCIPLINES. "THE OTHER SIDE OF WACO" TOUR IS OFFERED AS AN INTRODUCTION TO POVERTY AND DEVELOPMENT ISSUES IN WACO.
EMPOWERING PROGRAMS: THE ORGANIZATION SERVES THE LOCAL COMMUNITY WITH 16 PROGRAMS DESIGNED TO REACH OUT TO THE PERSONS WHO ARE POOR AND MARGINALIZED, INCLUDING CHILDREN, YOUTH AND ADULTS. PROGRAM AREAS INCLUDE DRUG AND ALCOHOL RESIDENTIAL TREATMENT FOR MEN, HOMELESS SHELTER FOR ADULT MEN/WOMEN, AFTERSCHOOL AND MENTORING PROGRAM FOR AT-RISK YOUTH AND CHILDREN, NON-RESIDENTIAL RECOVERY SERVICES, WALK-IN CENTER FOR HOMELESS, LEGAL CLINIC,HEALTH CLINIC, VISUAL AND PERFORMING ARTS, JOB READINESS/JOB SEARCH CLASSES URBAN REAP (RENEWABLE ENERGY & AGRICULTURAL PROJECT. IN HAITI, MISSION WACO SUPPORTS A MICROCREDIT ENTERPRISE FOR WOMEN,ECONOMIC DEVELOPMENT, SCHOOLS, A CLINIC, AND A WELL DIGGING AND CLEAN WATER PROGRAM.
RETAIL SALES PROGRAMS: THE WORLD CUP CAFE PROVIDES ECONOMIC DEVELOPMENT FOR THE ORGANIZATION'S TARGET NEIGHBORHOOD, JOB TRAINING FOR THE FOOD SERVICE INDUSTRY AND A GATHERING PLACE FOR PEOPLE OF ALL ECONOMIC AND RACIAL BACKGROUNDS.OUR FAIR TRADE MARKET IS A SALES OUTLET FOR FAIR TRADE ITEMS THAT PROVIDE A LIVABLE WAGE FOR CRAFTSMEN FROM AROUND THE WORLD. THE CLOTHESLINE RESALE SHOP SELLS WOMEN'S NAME BRAND CLOTHING TO HELP RAISE FUNDS TO SUPPORT THE RECOVERY PROGRAM, UTILIZES VOLUNTEERS, AND DISTRIBUTES OTHER CLOTHING TO LOW-INCOME PERSONS. JUBILEE FOOD MARKET OPENED IN 2016 TO EFFECTIVELY END A FOOD DESERT IN OUR NEIGHBORHOOD.THE COLCORD CENTER PROVIDES RETAIL SPACE AT MARKET RATES TO ADD TO ECONOMIC DEVELOPMENT OF THE NEIGHBORHOOD.
OTHER PROGRAM SERVICES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Calaway President/ex Director | OfficerTrustee | 40 | $72,311 |
Taylor Bradley Finance Director | Officer | 40 | $62,550 |
Bronscha Harris Vice Chairman | OfficerTrustee | 1 | $580 |
Dr Bill Lockhart Vp/treasurer | OfficerTrustee | 1 | $0 |
Kristen Thompson Chairman | OfficerTrustee | 1 | $0 |
Megan Snipes Secretary/director | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $23,773 |
| Membership dues | $0 |
| Fundraising events | $172,717 |
| Related organizations | $0 |
| Government grants | $420,123 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,270,546 |
| Noncash contributions included in lines 1a–1f | $383,716 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,887,159 |
| Total Program Service Revenue | $380,168 |
| Investment income | $14,293 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $134,920 |
| Net Income from Fundraising Events | -$13,494 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $304,408 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,721,806 |
| 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 | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $134,861 |
| Compensation of current officers, directors, key employees. | $63,414 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,595,123 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $144,734 |
| Payroll taxes | $142,719 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $37,112 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,236 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $12,155 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $348,201 |
| Travel | $12,965 |
| 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 | $187,432 |
| Insurance | $32,754 |
| All other expenses | $218,929 |
| Total functional expenses | $3,989,669 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,547,604 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $55,320 |
| Accounts receivable, net | $34,456 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $70,651 |
| Prepaid expenses and deferred charges | $39,896 |
| Net Land, buildings, and equipment | $3,954,890 |
| Investments—publicly traded securities | $1,686,377 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,889 |
| Total assets | $7,396,083 |
| Accounts payable and accrued expenses | $74,964 |
| 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 | $474,184 |
| Total liabilities | $549,148 |
| Net assets without donor restrictions | $5,529,732 |
| Net assets with donor restrictions | $1,317,203 |
| 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 | $7,396,083 |
Grants Recieved
Over the last fiscal year, we have identified 17 grants that Mission Waco Mission World Inc has recieved totaling $1,384,011.
| Awarding Organization | Amount |
|---|---|
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $500,000 |
Americares Foundation Inc Stamford, CT PURPOSE: ONGOING | $310,543 |
Americares Foundation Inc Stamford, CT PURPOSE: ONGOING | $310,543 |
Christian Mission Concerns Waco, TX PURPOSE: OPERATIONS | $112,000 |
Magnolia Foundation Waco, TX PURPOSE: UNRESTRICTED DONATION | $40,000 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: POVERTY | $38,400 |
Endowment Analysis
| Beg. Balance | $164,483 |
| Earnings | $44,578 |
| Admin Expense | $5,654 |
| Net Contributions | $22,182 |
| Grants | $66,723 |
| Ending Balance | $158,866 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Family Legacy Missions International Dallas, TX | $14,330,799 | $19,529,503 |
East-West Ministries International Plano, TX | $8,184,642 | $19,204,558 |
Marketplace Ministries Inc Plano, TX | $5,987,779 | $19,506,765 |
Pioneer Bible Translators Dallas, TX | $22,558,672 | $19,174,102 |
Society Of St Vincent De Paul Archdiocese Of Galveston-Houston Houston, TX | $7,339,150 | $16,634,792 |
E3 Partners Ministry Plano, TX | $6,012,362 | $14,710,236 |
San Antonio Metropolitan Ministry Inc San Antonio, TX | $12,579,627 | $13,414,405 |
Sower Of Seeds International Ministries Inc Keller, TX | $3,316,148 | $10,449,598 |
Restore Hope Ministries Inc Tulsa, OK | $8,417,745 | $10,753,534 |
Les Feldick Ministries Kinta, OK | $8,711,680 | $12,215,004 |
Union Gospel Mission Of Tarrant County Fort Worth, TX | $65,887,376 | $29,455,408 |
Minnie Slaughter Veal Memorial Fund Dallas, TX | $15,276,892 | $11,585,960 |