Finishing Fund Management Inc
- Assets
- $451.1k
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 0
- Location
- Prospect, KY
- Founding
- 02/2019
- Data as of
- 12/2021
- EIN
- 82-2745658
Organization Overview
Finishing Fund Management Inc is located in Prospect, KY. The organization was established in 2019. According to its NTEE Classification (X20) the organization is classified as: Christianity, 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. Finishing Fund Management 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, Finishing Fund Management Inc generated $1.7m in total revenue. All expenses for the organization totaled $2.8m during the year ending 12/2021.
Since 2019, Finishing Fund Management Inc has awarded 77 individual grants totaling $9,687,518. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
CHRISTIAN EVANGELISM AND CHURCH PLANTING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2021 FFM GRANTED $2,738,553.00 TO 22 MINISTRY PARTNERS TO SUPPORT PROJECTS TO SEND MISSIONARIES TO PEOPLE GROUPS AROUND THE WORLD WHO HAD NEVER BEFORE RECEIVED THE GOSPEL.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Douglas Cobb President And Treasurer | OfficerTrustee | 40 | $0 |
Steve Wilhite Secretary | OfficerTrustee | 1 | $0 |
Teresa Bachman Director | Trustee | 1 | $0 |
Rod Emery Director | Trustee | 1 | $0 |
Chad Jackson Director | Trustee | 1 | $0 |
Stephanie Hayes Director | Trustee | 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 | $1,660,581 |
| Noncash contributions included in lines 1a–1f | $8,591 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,660,581 |
| 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 | $1,660,581 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,738,553 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| 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 | $6,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $45,692 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $7,039 |
| 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 | $0 |
| Total functional expenses | $2,806,371 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $451,095 |
| 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 | $451,095 |
| 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 | $451,095 |
| 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 | $451,095 |
Grants Awarded
Over the last fiscal year, Finishing Fund Management Inc has awarded $2,673,538 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
Virginia Beach, VA PURPOSE: PROJECT SUPPORT | $700,000 |
Louisville, KY PURPOSE: PROJECT SUPPORT | $463,200 |
COEUR dALENE, ID PURPOSE: PROJECT SUPPORT | $350,756 |
Plano, TX PURPOSE: PROJECT SUPPORT | $276,250 |
Ripon, CA PURPOSE: PROJECT SUPPORT | $218,606 |
Fayetteville, GA PURPOSE: PROJECT SUPPORT | $172,000 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Finishing Fund Management Inc has recieved totaling $761,561.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: SUPPORT | $627,955 |
Schwab Charitable Fund San Francisco, CA PURPOSE: RELIGION RELATED | $65,750 |
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $50,000 |
Impact Investing Charitable Trust Lenexa, KS PURPOSE: FURTHER CHARITABLE PURPOSE | $17,856 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lutheran Home Westlake, OH | $17,550,739 | $14,990,939 |
Mission Pre-Born Inc Indianapolis, IN | $6,569,199 | $16,394,673 |
Bill Winston Ministries Forest Park, IL | $6,676,875 | $15,498,938 |
Breakthrough Urban Ministries Inc Chicago, IL | $9,536,563 | $12,933,979 |
Haven Of Our Lady Of Peace Inc St Louis, MO | $8,612,583 | $10,375,484 |
Back 2 Back Ministries Inc Mason, OH | $16,341,723 | $15,736,396 |
Christian Buehler Memorial Peoria, IL | $194,168,877 | $24,390,628 |
Advancing Native Missions Afton, VA | $4,333,922 | $11,124,622 |
Lifeline Christian Mission Westerville, OH | $4,011,656 | $8,864,556 |
Resourcing Christian Education International Nfp Wheaton, IL | $4,529,324 | $9,552,178 |
National Pro-Life Alliance Springfield, VA | $3,799,169 | $8,934,186 |
Independent Baptist Mission For Asians Inc Marietta, OH | $1,955,578 | $8,557,935 |