Missions Resource Network is located in Bedford, TX. The organization was established in 1999. According to its NTEE Classification (X19) the organization is classified as: Support N.E.C., under the broad grouping of Religion-Related and related organizations. As of 12/2023, Missions Resource Network employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Missions Resource Network 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, Missions Resource Network generated $2.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.2% each year. All expenses for the organization totaled $2.2m during the year ending 12/2023. While expenses have increased by 5.7% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO CONNECT AND EQUIP EXISTING MINISTRIES AND CHURCHES TO EXPAND THEIR IMPACT THROUGH TRAINING, NETWORKING, COACHING, AND CARE. THIS PREPARES AND CARES FOR WORKERS WHO SERVE PEOPLE OF MUSLIM, HINDU AND BUDDHIST BACKGROUND
Describe the Organization's Program Activity:
Part 3 - Line 4a
INITIATE: MISSIONS RESOURCE NETWORK (MRN) PREPARES AND CARES FOR WORKERS WHO SERVE MUSLIM, HINDU AND BUDDHIST BACKGROUND PEOPLE GROUPS. DURING 2023, INITIATIVES WERE HELD IN BENGAL, THE MEDITERRANEAN RIM, AND THE ATLANTIC BRIDGE AREA (SOUTH AFRICA AND RWANDA). MRN'S EMERGING LEADERSHIP INITIATIVE (ELI) IS HELD IN FOUR SITES INCLUDING BOTSWANA, SOUTH AFRICA, THE PHILLIPINES, AND RWANDA, AIMING TO CO-CREATE LEADERSHIP DEVELOPMENT PROCESSES WITH INTERNATIONAL LOCATIONS TO MULTIPLY LEADERS TO AT LEAST THE 4TH GENERATION. IN 2023, 48 LEADERS IN 22 COUNTRIES WERE COACHED OR MENTORED DURING 275 SESSIONS. A TOTAL OF 105 INDIVIDUALS ATTENDED LEADERSHIP TRAINING EVENTS THIS YEAR, LEARNING TO COACH, EQUIP OR TRAIN THROUGH THE NETWORK OF EMERGING LEADERS. SEE ALSO SCH. O
EMPOWER: MRN CONNECTS AND EQUIPS EXISTING MINISTRIES AND CHURCHES WHERE THE CHURCH IS ESTABLISHED TO EXPAND THEIR IMPACT BY PROVIDING RE-VISIONING, TRAINING, NETWORKING, COACHING, AND CARE. CHURCH EQUIPPING (CE) - CE PROVIDES EQUIPPING AND COACHING TO PARTNERING CHURCHES AND THOSE SEEKING TO GROW IN THEIR MISSION MINISTRY. IN 2023, THEY PROVIDED ASSISTANCE TO 31 CHURCHES, AND ARE ASKING GOD FOR AN ADDITIONAL 20 CHURCHES TO EQUIP. A NEW DIRECTOR FOR CHURCH RELATIONS WAS HIRED IN 2023. THE LISTENING GROUP PROCESS THAT WAS BEGUN IS ON HOLD ALLOWING THE NEW DIRECTOR TIME TO CONNECT WITH CHURCH LEADERS AND EVALUATE THE EFFECTIVENESS AND NEEDED CHANGES IN THIS AREA. SEE ALSO SCH. O
MISSIONARY CARE: MRN STRIVES TO KEEP CROSS-CULTURAL WORKERS EFFECTIVE AND WHOLE THROUGH PROVIDING APPROPRIATE CARE AND EQUIPPING CHURCHES TO CARE FOR THE CROSS-CULTURAL WORKERS THEY SUPPORT. DURING 2023, THEY PROVIDED NUMEROUS HOURS OF DIRECT CARE TO OVER 145 FAMILIES, RESPONDING TO A GENERAL REQUEST FROM WORKERS FOR MORE FACE-TO-FACE INTERACTION AND INCREASED TIME SPENT WITH THEIR NEEDS ON-SITE. WHILE MAINTAINING A RIGOROUS SCHEDULE OF ONLINE CARE APPOINTMENTS, EACH OFTEN WITH MULTIPLE INDIVIDUALS IN THE FAMILY, THEY STRIVED TO BE MORE PHYSICALLY PRESENT WITH WORKERS IN THEIR SPACES. TO BE MORE EFFECTIVE IN THEIR EFFORTS AND MORE APPROPRIATE FOR NON-WESTERN CANDIDATES, THEY EVALUATED AND REIMAGINED THEIR ASSESSMENT PROCESS, PROVIDING TRAINING FOR 10 WORKER CANDIDATES IN 2023.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Terry Dan Bouchelle Exec. Direct | Officer | 45 | $86,593 |
Rhonda Houk Chair 08/23 | OfficerTrustee | 0.5 | $0 |
Brad Crisp Vice Chair | OfficerTrustee | 0.5 | $0 |
Ron Holland Secretary | OfficerTrustee | 0.5 | $0 |
Jovan Barrington Trustee 01/2 | Trustee | 0.5 | $0 |
Justin Chamblee Trustee | Trustee | 0.5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $86,005 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $1,819,761 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,905,766 |
Total Program Service Revenue | $54,820 |
Investment income | $91,773 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$67,746 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,984,613 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $108,426 |
Grants and other assistance to domestic individuals. | $6,000 |
Grants and other assistance to Foreign Orgs/Individuals | $52,872 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $192,732 |
Compensation of current officers, directors, key employees. | $48,986 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,008,312 |
Pension plan accruals and contributions | $70,417 |
Other employee benefits | $86,985 |
Payroll taxes | $17,995 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $17,603 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $13,813 |
Fees for services: Other | $53,293 |
Advertising and promotion | $32,223 |
Office expenses | $52,501 |
Information technology | $10,835 |
Royalties | $0 |
Occupancy | $53,096 |
Travel | $159,606 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $89,166 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $6,934 |
Insurance | $7,243 |
All other expenses | $4,255 |
Total functional expenses | $2,199,451 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $706,991 |
Savings and temporary cash investments | $702,395 |
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 | $9,142 |
Net Land, buildings, and equipment | $72,692 |
Investments—publicly traded securities | $2,343,569 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $411,100 |
Total assets | $4,245,889 |
Accounts payable and accrued expenses | $36,497 |
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 | $411,100 |
Total liabilities | $447,597 |
Net assets without donor restrictions | $1,454,723 |
Net assets with donor restrictions | $2,343,569 |
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 | $4,245,889 |
Over the last fiscal year, Missions Resource Network has awarded $105,926 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
CHURCH OF CHRIST - 10TH AND BROAD PURPOSE: MISSIONARY SUPPORT | $66,004 |
GRACE CROSSING CHURCH PURPOSE: MISSIONARY SUPPORT | $39,922 |