Fdm World Inc
- Assets
- $57.5k
- Revenue
- $331.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Horseshoe Bay, TX
- Founding
- 01/2017
- Data as of
- 12/2021
- EIN
- 81-3865618
Organization Overview
Fdm World Inc is located in Horseshoe Bay, TX. The organization was established in 2017. According to its NTEE Classification (X19) the organization is classified as: Support 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. Fdm World 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, Fdm World Inc generated $331.1k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $323.0k during the year ending 12/2021. While expenses have increased by 6.2% 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
PROVIDING TRAINING SEMINARS, BOOKS, AND TOOLS TO CHURCH LEADERS/PASTORSON DISCIPLESHIP AND FAMILY MINISTRY WITHIN THE UNITED STATES AND ABROAD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEVEN REGIONAL PASTORS OVERSEE TRANSLATION WORK AND TRAINING OF OTHER PASTORS IN EIGHT COUNTRIES. ACTIVITIES INCLUDE TRANSLATION OF WORKBOOKS; DISTRIBUTING PRINTED MATERIALS; ORGANIZING CONFERENCES; AND LOCAL PASTORAL SUPPORT.
A WEBSITE WITH FREE WORKBOOKS THAT ARE IN ENGLISH, SPANISH, RUSSIAN, CHINESE, GERMAN, URDU, AND INDONESIAN. THE WEBSITE REACHES OVER 20,000 UNIQUE VISITORS EACH YEAR AND DIRECTLY SERVES ROUGHLY 5,000 MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Craig Caster President | OfficerTrustee | 2 | $66,000 |
Jonathan King Treasurer | OfficerTrustee | 1 | $23,850 |
Kerry Schimp Secretary | OfficerTrustee | 1 | $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 | $336,271 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $336,271 |
| Total Program Service Revenue | $500 |
| Investment income | $3 |
| 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 | -$6,322 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $331,075 |
| 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. | $89,850 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $19,500 |
| 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 | $5,122 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $151,881 |
| Advertising and promotion | $946 |
| Office expenses | $16,281 |
| Information technology | $28,080 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $6,263 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $555 |
| Interest | $209 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,188 |
| All other expenses | $3,155 |
| Total functional expenses | $323,030 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $55,327 |
| 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 | $2,191 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $57,518 |
| Accounts payable and accrued expenses | $5,565 |
| 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 | $5,565 |
| Net assets without donor restrictions | $0 |
| 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 | $51,953 |
| Total liabilities and net assets/fund balances | $57,518 |
Grants Awarded
Over the last fiscal year, Fdm World Inc has awarded $15,503 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
MIGUEL RIVERA PURPOSE: INTNL MISSIONS TRIPS | $10,003 |
Alpine, CA PURPOSE: CUBA MISSIONS TRIP | $5,500 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Fdm World Inc has recieved totaling $68,000.
| Awarding Organization | Amount |
|---|---|
Christian Community Foundation Inc Colorado Springs, CO PURPOSE: GENERAL SUPPORT,TRAINING | $68,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Iron Gate Inc Tulsa, OK | $11,231,140 | $2,664,818 |
Missions Resource Network Bedford, TX | $4,580,881 | $2,063,631 |
Schusterman Initiatives Inc Tulsa, OK | $1,811,845 | $3,942 |
Texas Christian Educational Foundation Inc Houston, TX | $3,507,628 | $1,666,291 |
Young Catholic Professionals Dallas, TX | $810,022 | $1,118,843 |
Field Life Tomball, TX | $182,533 | $465,820 |
Christ Embassy Lewisville, TX | $113,474 | $528,118 |
Gaston Christian Center Dallas, TX | $4,871,470 | $697,659 |
New Beginnings Title Holding Company Brenham, TX | $0 | $89,146 |
Glocal Mission Houston, TX | $584,873 | $354,902 |
Fdm World Inc Horseshoe Bay, TX | $57,518 | $331,075 |
Love God Greatly Inc Heath, TX | $184,406 | $280,925 |