Alive Inc is located in Burnet, TX. The organization was established in 1967. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alive 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 12/2022, Alive Inc generated $51.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (13.1%) each year. All expenses for the organization totaled $232.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (7.8%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE INTERNATIONAL MINISTERIAL INSTITUTE IS A DIVISION OF ALIVE, INC. WHICH FOCUSES ON DISCIPLING YOUNG PEOPLE OF COLLEGE AGE. THE PROGRAM IS DESIGNED FOR THREE YEARS, BUT THOSE SEEKING A BACHELOR'S DEGREE MAY STAY FOR A FOURTH YEAR OF FURTHER STUDIES. A MASTER'S DEGREE IS ALSO OFFERED AT THIS TIME. APPROXIMATELY 9 STUDENTS IN 2022 DURING THE TWO ACADEMIC SESSIONS.
DISTRIBUTION OF APPROXIMATELY 42,630 BOOKLETS AND NEWSLETTERS TO REACH INDIVIDUALS TO SPREAD THE GOSPEL OF JESUS CHRIST.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michael Davis President | 40 | $0 | |
Rev Gordon Bergstrom Secretary/treasurer | 1 | $0 | |
Andrew Warner Director | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $50,508 |
Interest on Savings | $0 |
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 | $460 |
Total Revenue | $50,968 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $59,434 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $9,569 |
Depreciation | $50,636 |
Occupancy | $27,653 |
Travel, conferences, and meetings | $6,843 |
Printing and publications | $0 |
Other expenses | $64,756 |
Total operating and administrative expenses | $219,693 |
Contributions, gifts, grants paid | $13,250 |
Total expenses and disbursements | $232,943 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $300,911 |
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 | $1,489,515 |
Other assets | $0 |
Total assets | $1,790,426 |
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 | $5,882 |
Total liabilities | $5,882 |