New Church Initiatives Inc
- Assets
- $226.2k
- Revenue
- $452.1k
- Investments
- $0.0
- Employees
- 4
- Location
- Sugar Land, TX
- Founding
- 10/2001
- Data as of
- 12/2022
- EIN
- 76-0673851
Organization Overview
New Church Initiatives Inc is located in Sugar Land, TX. The organization was established in 2001. According to its NTEE Classification (X02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Religion-Related and related organizations. As of 12/2022, New Church Initiatives Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Church Initiatives 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, New Church Initiatives Inc generated $452.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.6% each year . All expenses for the organization totaled $392.1k during the year ending 12/2022. While expenses have increased by 11.8% per year over the past 7 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO FULFILL THE GREAT COMMISSION THROUGH EVANGELISM, CHURCH PLANTING, TRAINING PASTORS AND TRAINING CHRISTIAN LEADERS
Describe the Organization's Program Activity:
IN 2022 WE CONTINUED TO PROVIDE HUMANITARIAN SERVICES AND DISCIPLESHIP TRAINING TO CHILDREN AND ADULTS IN MEXICO. WE MINISTERED TO APPROXIMATELY 100 BOYS AND GIRLS IN THE TWO ORPHANAGES WE SERVE. SOMETHING NEW WE DID THIS YEAR WAS TO PROVIDE A SUMMER CAMP EXPERIENCE FOR THESE CHILDREN WHICH INCLUDED BIBLE TEACHING AND RECREATIONAL ACTIVITIES. WE CONTINUED TO PROVIDE CHRISTIAN COUNSELING SERVICES TO THE ORPHANAGES AND TO PUEBLA CHRISTIAN HIGH SCHOOL STUDENTS. WE CONTINUED TO STRENGTHEN OUR PROGRAMS AT PUEBLA BIBLE SEMINARY GRADUATING 51 STUDENTS FROM 6 DIFFERENT ACADEMIC PROGRAMS. DUE TO THE GROWTH IN ENROLLMENT WE ADDED NEW STAFF. WE CONTINUE TO PURSUE PARTNERSHIPS WITH U.S. BASED BIBLE COLLEGES AND SEMINARIES, AND WE ARE CONTINUING TO DEVELOP THE EMERALD COAST SEMINARY IN VERA CRUZ. IN ADDITION, WE HOSTED SEVERAL SHORT-TERM MISSION TEAMS FROM THE U.S. WE CONDUCTED 4 CHURCH PLANTING CONFERENCES IN THE STATE OF PUEBLA AND STARTED 3 NEW CHURCHES. WE ALSO HOSTED A WOMENS RETREAT FOR THE WOMEN IN OUR NETWORK OF CHURCHES. WE RENEWED OUR PARTNERSHIP WITH LIVING WATER INTERNATIONAL AND BEGAN THE PROCESS OF ACQUIRING A DR 20 DRILLING RIG SO WE CAN DRILL WATER WELLS TO PROVIDE CLEAN WATER TO THE VILLAGES AND COMMUNITIES WHERE OUR CHURCHES EXIST. OVERALL IT WAS A VERY STRONG YEAR OF MINISTRY IN MEXICO
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sandra Basile Employee | 0 | $79,201 | |
Andrea Bult Employee | 0 | $66,265 | |
Kevin Bult Employee | 40 | $36,233 | |
Susan Gillum Treasurer | Officer | 10 | $7,081 |
Glenn Smith Pres/emp/dir | OfficerTrustee | 40 | $300 |
Michael G Robideau Director | Trustee | 0.75 | $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 | $452,146 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $452,146 |
| 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 | $452,146 |
| 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 | $65,938 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $7,381 |
| Compensation of current officers, directors, key employees. | $7,381 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $204,598 |
| 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 | $2,024 |
| Advertising and promotion | $27 |
| Office expenses | $7,067 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $18,049 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,148 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $28,933 |
| Total functional expenses | $392,098 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $226,201 |
| 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 | $226,201 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $175,268 |
| Net assets with donor restrictions | $50,933 |
| 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 | $226,201 |