New Church Initiatives Inc
- Assets
- $155.2k
- Revenue
- $383.5k
- Investments
- $0.0
- Employees
- 4
- Location
- Sugar Land, TX
- Founding
- 10/2001
- Data as of
- 12/2021
- 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 12/2021, 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 12/2021, New Church Initiatives Inc generated $383.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.7% each year. All expenses for the organization totaled $381.7k during the year ending 12/2021. While expenses have increased by 6.8% 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
2021
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 2021 NORMAL MINISTRY ACTIVITIES BEGAN TO BE RESTORED AFTER THE DISRUPTION OF COVID-19 IN 2020. IN 2021 WE CONTINUED TO PROVIDE HUMANITARIAN SERVICES AND DISCIPLESHIP TRAINING TO 100 BOYS AND GIRLS IN THE TWO ORPHANAGES WE SERVE. THIS YEAR WE ADDED 4-5 HOURS OF ADDITIONAL RECREATIONAL ACTIVITIES FOR THE CHILDREN. THROUGH OUR ONLINE AND ON-CAMPUS PROGRAMS AT PUEBLA BIBLE SEMINARY, WE CONTINUED TO GROW OUR ENROLLMENT, ADDING 21 NEW STUDENTS IN THE 4-YEAR B.A. IN THEOLOGY PROGRAM. MINISTRY TEAMS ENGAGED IN EARTHQUAKE RELIEF IN THE CITY OF HUILANGO. WE HELPED REBUILD SEVERAL CHURCHES FOR THE PEOPLE THERE. OUR OLDEST AND MOST SUCCESSFUL CHURCH PLAN IN SAN NICHOLAS CONTINUED TO FLOURISH AND NOW HAS 2 FULL-TIME MINISTRY STAFF. WE CONDUCTED 3 CHURCH PLANTING CONFERENCES AND STARTED 15 NEW CHURCHES IN 2021. WE CONTINUED TO NURTURE OUR 14 BAM INCUBATORS AS THEY TRY TO RECOVER FROM THE SHUT-DOWN OF 2020. OUR MINISTRY TO UDLA STUDENTS EXPANDED THROUGH OUR PROGRAM TEMAS & TACOS. WE ALSO EXPANDED OUR COUNSELING MINISTRY TO PUEBLA CHRISTIAN HIGH SCHOOL AND THE ORPHANAGES. IT WAS A VERY STRONG YEAR OF RECOVERY AND RE-ENGAGEMENT FOLLOWING 2020
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Bult Employee | 40 | $106,194 | |
Glenn Smith Pres/emp/dir | OfficerTrustee | 40 | $36,445 |
Terri Smith Secretary | Officer | 0.75 | $0 |
Susan Gillum Treasurer | Officer | 10 | $0 |
Michael G Robideau Director | Trustee | 0.75 | $0 |
Laura Sorrell 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 | $383,542 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $383,542 |
| 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 | $383,542 |
| 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 | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $142,639 |
| Compensation of current officers, directors, key employees. | $142,639 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $118,072 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $486 |
| Fees for services: Accounting | $425 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $791 |
| Advertising and promotion | $10 |
| Office expenses | $5,279 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,650 |
| Travel | $22,833 |
| 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 | $14,213 |
| Total functional expenses | $381,703 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $155,178 |
| 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 | $155,178 |
| 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 | $126,984 |
| Net assets with donor restrictions | $28,194 |
| 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 | $155,178 |
Peer Organizations
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|---|---|---|
Shepherds Staff Mission Facilitators Inc Albuquerque, NM | $6,277,298 | $11,838,859 |
Morningside Ministries Foundation Inc San Antonio, TX | $128,539,991 | $44,525,971 |
Influencers Global Ministries Rogers, AR | $2,661,507 | $2,449,720 |
Institute For Spirituality And Health At The Texas Medical Center Houston, TX | $4,180,216 | $4,338,586 |
The Global Forefront Fort Worth, TX | $207,337 | $858,349 |
Medialliance International Inc Arlington, TX | $1,088,848 | $305,918 |
Big Heart Ministries Pharr, TX | $142,808 | $478,108 |
O A K R I D G E Ministries Inc Florence, TX | $565,308 | $437,161 |
New Church Initiatives Inc Sugar Land, TX | $155,178 | $383,542 |
Tod Bush Leadership Center Addison, TX | $127,493 | $372,712 |
Global Outreach Group Van, TX | $0 | $0 |
Kaleo Missions Inc Denton, TX | $25,060 | $88,203 |