Networx Ministries International
- Assets
- $65.2k
- Revenue
- $279.8k
- Investments
- $0.0
- Employees
- 1
- Location
- Amarillo, TX
- Founding
- 08/1999
- Data as of
- 12/2021
- EIN
- 75-2818489
Organization Overview
Networx Ministries International is located in Amarillo, TX. The organization was established in 1999. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Networx Ministries International 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, Networx Ministries International generated $279.8k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 47.7% each year . All expenses for the organization totaled $281.4k during the year ending 12/2021. While expenses have increased by 42.3% per year over the past 5 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
STATEMENT 1, THE ORGANIZATION'S PRIMARY PURPOSE:THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO FULFILL THE GREAT COMMISSION THROUGH HELPING PEOPLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FORM 990 PART III, LINE 4A. THE CONTINUING COVID-19 RESTRICTIONS PUT A HOLD ON OUR PLANNED CONSTRUCTION FOR PART OF THE YEAR. WE USED THAT TIME TO MANAGE RELATIONSHIPS WITH OUR MISSIONARY / MISSION ORGANIZATIONS. MUCH TIME WAS INVESTED VIA ZOOM MEETINGS IN FREQUENT COMMUNICATIONS WITH THE FIELD PARTNERS, TO PRAY WITH THEM, ENCOURAGE THEM, AND UNDERSTAND THEIR NEEDS DURING THE PANDEMIC. ALL EXPRESSED DEEP GRATITUDE THAT INTERNATIONAL NETWORX CONTINUED WORKING ON THEIR BEHALF TO INSURE THEIR FUNDING WAS CONSISTENT AND SECURE. WE ALSO ADDED FOUR NEW PARTNERS, FINALLY, WE UPDATED OUR DONOR WEBSITE AND BANKING DOCUMENTS, ARRANGING DIFFICULT LOGISTICS TO SEND NEW ATM CARDS OUT TO THE FIELD.
PART III, LINE 4B. WHILE A MISSIONS TRIP TO SUPPORT AND ENCOURAGE MISSION PARTNERS IN THAILAND HAD TO BE CANCELLED, CONSTRUCTION WAS BEGUN IN UKRAINE. WE WERE ALSO ABLE TO START CONSTRUCTION FOR A CHRISTIAN SCHOOL IN ARGENTINA. THESE PROJECTS INVOLVED FUNDRAISING, TEAM BUILDING (USING VOLUNTEERS FROM UKRAINE, BELARUS, RUSSIA, ARGENTINA AND THE U.S), LOGISTICS DEVELOPMENT AND THE ACQUISITION OF LOCAL TOOLS AND MATERIALS. THE PRESIDENT AND CEO TRAVELED TO BOTH UKRAINE AND ARGENTINA FOR ONSITE CONSULTATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Becky R Ruland President / CEO | Officer | 50 | $12,960 |
Cyndi Gibson Treasurer | Officer | 25 | $5,200 |
Sherye Talley Vice President | OfficerTrustee | 1 | $0 |
Mandy Finnegan Secretary | OfficerTrustee | 2 | $0 |
Pavel Kakurin Board Member | Trustee | 10 | $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 | $279,814 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $279,814 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $279,814 |
| 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 | $251,418 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $18,160 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $5,645 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $6,146 |
| 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 | $0 |
| All other expenses | $0 |
| Total functional expenses | $281,369 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $65,226 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $65,226 |
| Accounts payable and accrued expenses | $3,560 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $47,836 |
| 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 | $51,396 |
| Net assets without donor restrictions | $13,830 |
| 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 | $65,226 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Networx Ministries International has recieved totaling $20.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $20 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ed Rachal Foundation Corpus Christi, TX | $646,089,771 | $106,764,115 |
Glory Of Zion International Ministries Inc Denton, TX | $19,221,752 | $22,884,653 |
Emmaus Calling Inc Lakeway, TX | $82,731,037 | $15,260,002 |
Evelyn Rubenstein Jewish Community Center Of Houston Texas Houston, TX | $63,544,592 | $32,335,855 |
Multi-Faith Retirement Services Live Oak Retirement Center Shreveport, LA | $13,466,156 | $10,872,483 |
Southern Oklahoma Memorial Foundation Inc Ardmore, OK | $106,106,910 | $11,493,167 |
El Paso Center For Children Inc El Paso, TX | $2,932,170 | $7,098,518 |
Adult & Teen Challenge Of Texas San Antonio, TX | $11,283,106 | $8,543,774 |
Project Vida El Paso, TX | $4,738,725 | $6,974,845 |
If Gathering Dallas, TX | $3,452,499 | $4,210,258 |
Ecumenical Center For Religion And Health San Antonio, TX | $7,342,387 | $4,148,621 |
To Every Tribe Los Fresnos, TX | $3,193,524 | $2,946,318 |