Kbl Mission Foundation
- Assets
- $3.1m
- Revenue
- $1.1m
- Investments
- $1.4m
- Employees
- 0
- Location
- Nacogdoches, TX
- Founding
- 11/2018
- Data as of
- 12/2021
- EIN
- 82-5229433
Organization Overview
Kbl Mission Foundation is located in Nacogdoches, TX. The organization was established in 2018. 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. Kbl Mission Foundation 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, Kbl Mission Foundation generated $1.1m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $112.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Kbl Mission Foundation has awarded 19 individual grants totaling $210,020. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kyle P Mcmorries President | 2 | $0 | |
Ryan G Mcmorries Vice Preside | 1 | $0 | |
Anne E Gallegos Secretary | 1 | $0 | |
Kim E Mcmorries Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $987,113 |
| Interest on Savings | $338 |
| Dividends & Interest | $85,167 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $25,384 |
| Capital Gain Net Income | $25,289 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $501 |
| Total Revenue | $1,098,503 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,738 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $4,790 |
| Contributions, gifts, grants paid | $107,520 |
| Total expenses and disbursements | $112,310 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,594,030 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,233,002 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $17,499 |
| Total assets | $3,053,281 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Kbl Mission Foundation has awarded $107,520 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
PARTNERS 4 AFRICA PURPOSE: MISSIONS | $30,000 |
NORTH ST CHURCH OF CHRIST PURPOSE: MISSIONS | $18,500 |
Nacogdoches, TX PURPOSE: OPERATIONS & MISSIONS | $12,020 |
LEBF INC PURPOSE: OPERATING EXPENSES | $12,000 |
HEARTBEAT PREGNANCY CENTER PURPOSE: BANQUET | $10,000 |
REGENTS ACADEMY PURPOSE: BIG SERVE | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Trinity Christian Center Of Santa Ana Inc Fort Worth, TX | $220,989,355 | $120,975,345 |
Central Missionary Clearinghouse Inc Houston, TX | $6,419,067 | $44,656,736 |
Parish Episcopal School Dallas, TX | $99,531,938 | $38,441,453 |
Omega Charitable Developers Inc Houston, TX | $6,275,678 | $33,763,984 |
Rightnow Ministries International McKinney, TX | $45,408,215 | $33,884,225 |
Newman International Academy Arlington, TX | $46,580,877 | $32,428,105 |
Pine Cove Inc Tyler, TX | $43,410,564 | $33,919,246 |
Interfaith Ministries For Greater Houston Houston, TX | $17,611,753 | $29,868,273 |
Bible Study Fellowship San Antonio, TX | $20,886,435 | $27,831,196 |
Hosanna Albuquerque, NM | $66,066,591 | $27,487,086 |
Apartment Life Inc Bedford, TX | $5,807,926 | $23,558,847 |
Liberty Educational Ministries Inc Argyle, TX | $56,879,806 | $25,424,585 |