Heartlight Inc Barry Alexander
- Assets
- $377.4k
- Revenue
- $334.3k
- Investments
- $0.0
- Employees
- 2
- Location
- Abilene, TX
- Founding
- 09/1997
- Data as of
- 12/2021
- EIN
- 74-2800569
Organization Overview
Heartlight Inc Barry Alexander is located in Abilene, TX. The organization was established in 1997. According to its NTEE Classification (X83) the organization is classified as: Religious Printing & Publishing, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Heartlight Inc Barry Alexander employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Heartlight Inc Barry Alexander 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, Heartlight Inc Barry Alexander generated $334.3k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 11.2% each year . All expenses for the organization totaled $187.7k during the year ending 12/2021. While expenses have increased by 6.5% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
MAINTENANCE AND PUBLISHING ON ON-LINE CHRISTIAN MAGAZINE AND RELATED DAILY DEVOTIONALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ORGANIZATION MAINTAINES AND UPDATES E-MAGAZINE CONTAINING DAILY CHRISTIAN MESSAGES IN NUMEROUS LANGUAGES WORLDWIDE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Philip D Ware President | OfficerTrustee | 45 | $89,100 |
Donna M Ware Secretary | OfficerTrustee | 10 | $15,520 |
Barry P Alexander Treasurer | OfficerTrustee | 5 | $0 |
Dan Garrett Director | Trustee | 1 | $0 |
David Culp Director | Trustee | 1 | $0 |
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 | $330,603 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $330,603 |
| Total Program Service Revenue | $0 |
| Investment income | $3,690 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $334,293 |
| 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. | $78,465 |
| Compensation of current officers, directors, key employees. | $26,155 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,003 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,845 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $61,764 |
| Advertising and promotion | $4,234 |
| Office expenses | $9,617 |
| Information technology | $3,326 |
| Royalties | $0 |
| Occupancy | $2,676 |
| 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 | $2,396 |
| Insurance | $0 |
| All other expenses | $222 |
| Total functional expenses | $187,691 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $258,648 |
| Savings and temporary cash investments | $104,465 |
| 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 | $7,293 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,001 |
| Total assets | $377,407 |
| Accounts payable and accrued expenses | $6,221 |
| 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 | $6,221 |
| Net assets without donor restrictions | $371,186 |
| Net assets with donor restrictions | $0 |
| 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 | $377,407 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Heartlight Inc Barry Alexander has recieved totaling $143,905.
| Awarding Organization | Amount |
|---|---|
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $133,905 |
Cedar Street Charitable Foundation Inc Milwaukee, WI PURPOSE: GENERAL | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rhema For The Nations Inc Arlington, TX | $109,090 | $3,497,036 |
Prophecy Watchers Inc Oklahoma City, OK | $2,102,531 | $3,358,704 |
Truth For Today World Mission School Inc Searcy, AR | $8,904,427 | $4,531,764 |
Good Faith Media Norman, OK | $777,804 | $1,966,334 |
International Bible Association Dallas, TX | $1,916,333 | $274,630 |
Lamp And Light Publishers Inc Farmington, NM | $2,028,061 | $1,091,303 |
Baptist Standard Publishing Co Plano, TX | $7,713,665 | $700,835 |
Involved International Inc Tulsa, OK | $211,399 | $633,805 |
Arkansas Baptist Newsmagazine Inc Little Rock, AR | $755,217 | $521,448 |
Jubal Band Ministries Mckinney, TX | $235,616 | $752,469 |
Gospel Minutes Publications Inc Fort Worth, TX | $75,619 | $621,953 |
Texas Impact Education Fund Austin, TX | $719,286 | $275,020 |