Innovative Mission Opportunities Inc
- Assets
- $31.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Pearland, TX
- Founding
- 12/1998
- Data as of
- 12/2023
- EIN
- 76-0579875
Organization Overview
Innovative Mission Opportunities Inc is located in Pearland, TX. The organization was established in 1998. According to its NTEE Classification (X20) the organization is classified as: Christianity, 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. Innovative Mission Opportunities 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 12/2023, Innovative Mission Opportunities Inc generated $160.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (12.6%) each year. All expenses for the organization totaled $174.4k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (12.9%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
SUPPORT OF 5 MINISTERS FOR FOREIGN MISSIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jerry Squyers President | 40 | $74,760 | |
John Vann Director | 1 | $0 | |
John Balena Director | 1 | $0 | |
David Walker Director | 1 | $0 | |
Blake Mccormick Director | 1 | $0 | |
Dr Jeremy Horzbach Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $138,521 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $21,450 |
| Total Revenue | $159,971 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $74,760 |
| Professional fees and other payments to independent contractors | $2,471 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $4,606 |
| Total expenses | $174,366 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $27,560 |
| Other assets | $0 |
| Total assets | $31,187 |
| Total liabilities | $1,185 |
| Net assets or fund balances | $30,002 |