Twenty20 Faith Inc
- Assets
- $17.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cedar Park, TX
- Founding
- 03/2019
- Data as of
- 12/2023
- EIN
- 82-4755688
Organization Overview
Twenty20 Faith Inc is located in Cedar Park, TX. The organization was established in 2019. According to its NTEE Classification (X83) the organization is classified as: Religious Printing & Publishing, 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. Twenty20 Faith 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, Twenty20 Faith Inc generated $83.0k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $84.4k during the year ending 12/2023. While expenses have increased by 10.0% per year over the past 3 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
AS OF DECEMBER 31, 2023, TWENTY20 FAITH MANAGES 343 DEVOTIONAL PUBLICATIONS IN 55 LANGUAGES, AND HAS ACHIEVED A CUMULATIVE READERSHIP LEVEL OF 2.63 MILLION SUBSCRIPTIONS TO OUR PUBLICATIONS. AS OF DECEMBER 31, 2023, 7,024 PEOPLE HAVE BEEN ENGAGED WITH MINISTRY AND GUIDANCE HAVING EXPRESSED A NEW OR RENEWED COMMITMENT TO THE CHRISTIAN FAITH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David J Swandt Sr President Director | 40 | $44,168 | |
Jack Featherston Treasurer Director | 4 | $0 | |
David J Swandt Jr Secretary Director | 2 | $0 | |
Brandon Frye Director | 2 | $0 | |
Kevin Jones Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $82,954 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $82,955 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $53,737 |
| Professional fees and other payments to independent contractors | $10,824 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $19,844 |
| Total expenses | $84,405 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $17,638 |
| Other assets | $0 |
| Total assets | $17,638 |
| Total liabilities | $0 |
| Net assets or fund balances | $17,638 |