Watch Therefore Ministries Inc
- Assets
- $164.3k
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 3
- Location
- Friendswood, TX
- Founding
- 02/2002
- Data as of
- 12/2022
- EIN
- 76-0669030
Organization Overview
Watch Therefore Ministries Inc is located in Friendswood, TX. The organization was established in 2002. 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. As of 12/2022, Watch Therefore Ministries Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Watch Therefore Ministries 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, Watch Therefore Ministries Inc generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.9% each year . All expenses for the organization totaled $1.3m during the year ending 12/2022. While expenses have increased by 12.7% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THIS MINISTRY IS COMMITTED TO REACHING THE UNCHURCHED IN OUR SOCIETY AND AROUND THE WORLD. WE ARE TRAINING INDIVIDUALS AROUND THE WORLD TO SPREAD THE GOSPEL OF JESUS CHRIST IN THEIR COMMUNITIES. BENEVOLENCE IS PROVIDED IN POOR COMMUNITES TO DEMONSTRATE GODS LOVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ISRAEL PRO-LIFE. WTM PROVIDES SUPPORT FOR OPERATION MOSES PROJECT, THE GARDENS OF LIFE AND MANY URGENT CARE NEEDS. THE OPERATION MOSES PROJECT PROVIDES NEW MOTHERS WITH BEDS, STROLLERS, LINEN, BATH TUB AND MONTHLY GIFT CARD. WOMEN ARE PROVIDED PERSONAL COUNSELING FOR REPORDUCTIVE LOSSES INCLUDING MISCARRIAGE, ABORTION AND STILL BIRTH. COUNSELING IS PROVIDED FOR POST ABORTION.THE GARDENS OF LIFE CONSISTS OF 4 ACRES IN LATRUN WHERE TREES ARE PLANTED IN MEMORY OF BABIES WHO WERE NOT HELD. BOTH INDIVIDUAL AND GROUPS COME TO FIND HEALING AND CLOSURE AFTER LOSS. APPROXIMATELY 2000 TREES HAVE BEEN PLANTED IN THE GARDEN FROM DONATIONS RECEIVED FROM AROUND THE WORLD. PRAYER LETTERS ARE SENT OUT EACH MONDAY TO ABOUT 1000 LOCATIONS.
THROUGH THE MEDIA OUTLET, WE PREACHED THE GOSPEL OF JESUS CHRIST TO 200 COUNTRIES WITH A POTENTIAL TO REACH 200 MILLION HOMES. BIBLE TEACHING TO MAKE STRONG DISCIPLES OF MESSIAH JESUS WHO ARE THE WATCHING AND READY FAITHFUL, WISE, AND BLESSED SERVANT OF MATTHEW 24. RAISED AWARENESS AND FINANCIAL SUPPORT FOR PARTNERS WHO ARE ISRAELI BELIVIERS IN MISSIAH JESUS! THIS WOULD INCLUDE HELPONG THEM PREACH THE GOSPEL, HELPING POOR, NEEDY AND HOLOCAUST SURVIVORS WITH HUMANITARIAN AID, AND THOSE IN CRISIS PREGNANCY IN ISRAEL- ALL FOR THE SAKE OF THE GOSPEL OF MESSIAH JESUS. ADDITIONALLY, THROUGH WATCH THEREFORE TV WE RAISED AWARENESS AND FINANCIAL SUPPORT FOR GOSPEL WORK IN AFRICA AND INDIA THROUGH OUR MISSION TRIPS AND MINISTRY PARTNERS.
BLESSING ISRAELI BELIVERS MINISTRIES RAISES AWARENESS AND PROVIDES FINANCIAL SUPPORT FOR OTHER MINISTRIES IN ISRAEL WHO ARE GETTING OUT THE GOSPEL, PLANTING MESSIANIC CONGREGATIONS, HELPING POOR IN JERUSLEUM AND THROUGHOUT ISRAEL WITH DRUG REHAB AND MORE.GOSPEL TAKEN TO MANY NATIONS MOSTLY IN AFRICA AND INDIA. OUR POURED OUT OUTREACH HAS MINISTERED IN TEN AFRICAN COUNTRIES AND CURRENTLY WORKING MOSTLY IN RWANDA AND DEMOCRATIC REPUBLIC OF CONGO.CURRENT ONGOING OURREACH EFFORTS INCLUDE GOSPEL PREACHING IN CHURCHES AND OUTDOOR EVENTS, BIBLE DISTRIBUTION AND AND BIBLE TEACHING/DISCIPLESHIP IN CHURCHES AND LEADER CONFERENCES.
ABUNDANT BREAD OF SALVATION. FINANCIAL SUPPORT HELPED PROVIDE ONGOING URGENT HUMANITARIAN NEEDS FOR POOR, NEEDY HOLOCAUST SURVIVORS, ORPHANS, DRUG ADDICTS AND MORE. THERE WERE ALSO SPECIAL EVENTS TO MINISTER TO HOLOCAUST SURVIVORS CALLED ROYALTY MEALS. OUR TEAM ACCOMPANIED ABUNDANT BREAD OF SALVATION AND RECORDED AN EVENT SHARING SOME OF IT ON WATCH THEREFORE TELEVISION PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Mcternan Board Member | Trustee | 8 | $0 |
David E Halbert Board Member | Trustee | 1 | $0 |
Don Schwarz Executive Director | OfficerTrustee | 40 | $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 | $1,172,025 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,172,025 |
| 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 | $3,000 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,175,025 |
| 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 | $755,381 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $99,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $35,830 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,489 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $827 |
| Fees for services: Accounting | $2,944 |
| 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 | $17,184 |
| Information technology | $2,747 |
| Royalties | $0 |
| Occupancy | $122 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,380 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $249 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,265,327 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $163,471 |
| 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 | $871 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $164,342 |
| Accounts payable and accrued expenses | $0 |
| 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 | $812 |
| Total liabilities | $812 |
| Net assets without donor restrictions | $163,530 |
| 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 | $164,342 |