High Plains Christian Ministries Foundation
- Assets
- $541.0m
- Revenue
- $16.9m
- Investments
- $0.0
- Employees
- 0
- Location
- Amarillo, TX
- Founding
- 07/1997
- Data as of
- 12/2023
- EIN
- 75-2639228
Organization Overview
High Plains Christian Ministries Foundation is located in Amarillo, TX. The organization was established in 1997. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. High Plains Christian Ministries Foundation 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, High Plains Christian Ministries Foundation generated $16.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (23.5%) each year. All expenses for the organization totaled $17.5m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, High Plains Christian Ministries Foundation has awarded 508 individual grants totaling $92,628,750. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
FINANCIAL SUPPORT OF CHARITABLE ORGANIZATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE COMPANY'S PRIMARY FUNCTION AND PURPOSE IS TO PROVIDE FINANCIAL SUPPORT FOR THE DEVELOPMENT AND SUPPORT OF CHRISTIAN MINISTRIES AND CAUSES, AND HEALTHCARE/HEALTH PROMOTION SERVICES. THE COMPANY MAKES GRANTS IN CONJUNCTION WITH THE BAPTIST GENERAL CONVENTION OF TEXAS FOR THE DEVELOPMENT OF NEW CHRISTIAN MINISTRIES IN THE STATE OF TEXAS AND THE SOUTHWEST REGION OF THE UNITED STATES (THROUGH PREDOMINATELY IN THE PANHANDLE REGION OF THE STATE OF TEXAS), AND ALSO MAKES GRANTS FOR THE SUPPORT OF BAPTIST COMMUNITY SERVICES AND ITS PROGRAMS AND OTHER EXISTING CHRISTIAN MINISTRIES AND CHRISTIAN/COMMUNITY PROGRAMS. DURING FISCAL YEAR 2023, THE COMPANY MADE 127 GRANTS IN THE AGGREGATE AMOUNT OF $13,725,946 TO 85 ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Jones Chairman | Trustee | 1 | $0 |
Mike Wartes Vice Chairman | Trustee | 0.5 | $0 |
Darrell Anderson Trustee | Trustee | 0.5 | $0 |
Patrick Borden Trustee | Trustee | 0.5 | $0 |
Lori Boykin Trustee | Trustee | 0.5 | $0 |
Henry Hamilton Trustee | Trustee | 0.5 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $10,934,775 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $5,992,608 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $16,928,368 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $13,725,946 |
| 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. | $651,751 |
| Compensation of current officers, directors, key employees. | $199,829 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $206,267 |
| Pension plan accruals and contributions | $12,685 |
| Other employee benefits | $9,795 |
| Payroll taxes | $29,497 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,025 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,680,778 |
| Fees for services: Other | $25,004 |
| Advertising and promotion | $0 |
| Office expenses | $11,420 |
| Information technology | $34,109 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,351 |
| 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 | $0 |
| Insurance | $18,362 |
| All other expenses | $67 |
| Total functional expenses | $17,513,698 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $249,497 |
| Savings and temporary cash investments | $23,014,615 |
| 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 | $72,270,823 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $422,352,930 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $23,151,157 |
| Total assets | $541,039,022 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $1,658,333 |
| 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 | $1,658,333 |
| Net assets without donor restrictions | $539,380,689 |
| 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 | $541,039,022 |
Grants Awarded
Over the last fiscal year, High Plains Christian Ministries Foundation has awarded $13,391,629 in support to 50 organizations.
| Grant Recipient | Amount |
|---|---|
THE BRIDGE CHILDREN'S ADVOCACY CENTER PURPOSE: PROGRAM SUPPORT | $8,000 |
THE SALVATION ARMY PURPOSE: PROGRAM SUPPORT | $10,000 |
ASCENSION ACADEMY PURPOSE: SWIM PROGRAM | $7,500 |
LONE STAR COWBOY CHURCH OF LUBBOCK COUNTY PURPOSE: VARIOUS PURPOSES | $10,000 |
THE AMARILLO SYMPHONY PURPOSE: PROGRAM SUPPORT | $10,000 |
ALZHEIMER'S ASSOCIATION PURPOSE: PROGRAM SUPPORT | $10,000 |