New Covenant Missions Inc is located in COEUR dALENE, ID. The organization was established in 2002. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2023, New Covenant Missions Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Covenant Missions 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, New Covenant Missions Inc generated $2.3m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 21.0% each year . All expenses for the organization totaled $2.2m during the year ending 12/2023. While expenses have increased by 18.4% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
CHARITABLE - RELIGIOUS
Describe the Organization's Program Activity:
Part 3 - Line 4a
VISIONFOR YEARS, HELPING COUNTRIES IN NEED HAS BEEN DRIVEN BY A MODEL BASED ON CHARITY AID ASSISTANCE - GIVING HANDOUTS TO THE NEEDY. BUT THIS KIND OF AID CREATES A DEPENDENCY THAT CRIPPLES PEOPLE. NEW COVENANT MISSIONS [NCM] BRINGS A NEW AND INVIGORATING MODEL TO MISSIONS: HELPING PEOPLE TO BECOME SELF-SUFFICIENTSTRATEGYNCM'S STRATEGY IS TO IMPLEMENT THE PRINCIPLES OF A "BUSINESS AS MISSIONS ORGANIZATION. IT FOCUSES ON PARTNERING WITH PEOPLE IN DEVELOPING NATIONS TO INSTILL SUSTAINABLE BUSINESS PRACTICES WHILE MEETING THE CORE NEEDS OF INDIVIDUALS AND THEIR COMMUNITIES. TO ENABLE THE PEOPLE OF ETHIOPIA TO BE SELF-SUFFICIENT IN ALL AREAS OF THEIR LIVES, NCF HAS CREATED SEVEN UNIQUE INITIATIVES: * CHURCH PLANTING, HEALTH CARE, EDUCATION AND PERSONAL ASSISTANCE INITIATIVES ALL HELP FOSTER "COMMUNITY DEVELOPMENT". * THE FINANCE, INNOVATION, AND MARKETING INITIATIVES ALL HELP PROMOTE "ECONOMIC DEVELOPMENTMISSIONTHE MISSION OF THE NEW COVENANT MISSIONS IS TO: * PROCLAIM THE GOSPEL OF JESUS CHRIST * BREAK THE BONDS OF DEPENDENCY ON FOREIGN AID BY EMPOWERING INDIVIDUALS AND COMMUNITIES TO BE SELF-SUFFICIENT CREATE A MUTUAL PARTNERSHIP WITH PEOPLE THAT ENABLE LONG-TERM SUSTAINABILITY OF THEIR ECONOMY, THEIR ENVIRONMENT, AND THEIR COMMUNITY.PRIMARY FOCUS1) CHURCH PLANTING: THE FOCUS OF NEW COVENANT FOUNDATION IS TO REACH PEOPLE FOR JESUS CHRIST. THE CHURCH PLANTING INITIATIVE SUPPORTS LOCAL CHURCH PLANTERS. INSTEAD OF BRINGING IN FOREIGN MISSIONARIES, NCM BELIEVES THAT THE MOST EFFECTIVE WAY TO SPREAD CHRISTS LOVE IS TO ENABLE PEOPLE IN THEIR OWN COUNTRY TO MINISTER TO THEIR OWN PEOPLE. 2) COMMUNITY HEALTH EDUCATION: THE FOCUS IS ON THE "PREVENTATIVE NOT CURATIVE" PROCESS. THIS IS ACCOMPLISHED BY PROVIDING BASIC HEALTH INFORMATION AND TRAINING THROUGHOUT RURAL COMMUNITIES IN SOUTHERN ETHIOPIA. THE TRAINING COVERS TOPICS SUCH AS WATER PURIFICATION, SANITATION, AGRICULTURE, NUTRITION, MATERNAL CARE AND CHILDCARE, HOME CARE, PREVENTION OF DISEASE INCLUDING HIV/AIDS. THEY HAVE SHARED THIS INFORMATION IN NEARLY 500 COMMUNITIES TO OVER 900,000 PEOPLE. PRELIMINARY RESULTS SHOW AND ESTIMATED 50% REDUCTION IN THE INFANT MORTALITY RATE AND MALNUTRITION RATE.2023 NEW COVENANT MISSIONS ACCOMPLISHMENTS548 AFRICAN FAMILIES WERE PROVIDED A JOB TO PLANT CHURCHES AT A MONTHLY INCOME RANGING FROM $130 300 PER MONTH.24 AFRICAN PROFESSIONALS WERE PROVIDED FULL TIME JOBS TO MANAGE OUR WORK.2630 NEW CHURCHES WERE FORMED.43,570 PEOPLE WERE ADDED TO THESE NEW CHURCHES AS MEMBERS AND COUNSELED TO LIVE A BETTER LIFE BY THE AFRICAN FAMILIES WE SUPPORT.450,573 AFRICANS WERE INVITED TO BE A PART OF THE CHURCHES AND HAD THE GOSPEL OF JESUS CHRIST SHARED WITH THEM.CONTINUAL SUPPORT OF A NEW ORPHANAGE IN TANZANIA SUPPORTING 10 CHILDREN.STARTED THE BUILDING OF A SCHOOL CENTER IN UGANDA.BUILT/STARTED 6 FRESHWATER PROJECTS (CONGO BRAZZAVILLE, GAMBIA, ZAMBIA, ETHIOPIA).STARTED BUILDING OF A BIBLE COLLEGE IN ETHIOPIA.STARTED THE PROCESS OF BUILDING A SCHOOL IN UGANDA TO SERVE 150+ KIDS.PROVIDED SCHOOL UNIFORMS AND SCHOOL SUPPLIES IN NIGERIA.STAFFING AND PROVISION OF UNIFORMS AND LUNCHES FOR A PUBLIC KINDERGARTEN SCHOOL THAT WE BUILT IN 2020 TO SERVE 56 CHILDREN IN ETHIOPIA.PROVIDED FOOD, CLOTHING, MEDICAL, AND SOCIAL CARE FOR 30 ELDERLY ETHIOPIAN WIDOWS AND 10 ORPHANS.PROVIDED FOOD RELIEF TO 4,800+ PEOPLE IN ETHIOPIA AND NIGER.PROVIDED LANGUAGE SCHOOLS FOR 50+ STUDENTS IN MAURITANIA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Erik E Laursen President & CEO | OfficerTrustee | 40 | $99,771 |
Bobby Carmody Secretary | Trustee | 4 | $0 |
Gil Mertz Director | OfficerTrustee | 4 | $0 |
Michael Smith Treasurer | OfficerTrustee | 4 | $0 |
Deborah Hiebert Director | Trustee | 4 | $0 |
Michael Stemm Chairman | Officer | 20 | $0 |
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 | $2,294,330 |
Noncash contributions included in lines 1a–1f | $204,323 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,294,330 |
Total Program Service Revenue | $0 |
Investment income | $248 |
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 | $2,306,582 |
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 | $1,808,376 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $99,771 |
Compensation of current officers, directors, key employees. | $9,977 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $83,578 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $13,781 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $4,366 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $4,500 |
Advertising and promotion | $0 |
Office expenses | $15,766 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $4,314 |
Travel | $13,050 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $1,911 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $3,317 |
Insurance | $20,251 |
All other expenses | $1,599 |
Total functional expenses | $2,223,764 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $113,924 |
Savings and temporary cash investments | $119,438 |
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 | $102,288 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $6,523 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $24,685 |
Total assets | $366,858 |
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 | $24,605 |
Total liabilities | $24,605 |
Net assets without donor restrictions | $342,253 |
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 | $366,858 |