Inheritance International Ministries Inc
- Assets
- $784.4k
- Revenue
- $805.7k
- Investments
- $0.0
- Employees
- 1
- Location
- Normangee, TX
- Founding
- 08/2018
- Data as of
- 12/2023
- EIN
- 83-0961326
Organization Overview
Inheritance International Ministries Inc is located in Normangee, TX. The organization was established in 2018. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Inheritance International Ministries Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION EXISTS TO SPREAD THE GOSPEL OF JESUS CHRIST WHILE PROVIDING SUPPORT AND SERVING THE POOR THROUGH BENEVOLENT ASSISTANCE, MEDICAL SERVICES, EDUCATION, ORPHAN CARE, CHURCH PLANTING, ETC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INHERITANCE INTERNATIONAL MINISTRIES EXISTS TO SPREAD THE GOSPEL OF JESUS CHRIST AND THE HOPE OF ETERNAL LIFE FOUND ONLY IN HIM TO SERVE THE POOR AS CHRIST DID BY MEETING PHYSICAL AND SPIRITUAL NEEDS ALIKE AND TO RAISE FUNDS FOR HOLISTIC COMMUNITY CARE TO PROVIDE SUPPORT TO EFFORTS WHICH INCLUDE MEDICAL SERVICES, EDUCATION, CHURCH PLANTING, ORPHAN CARE, COMMUNITY SUSTAINABILITY ENTERPRISES, FAMILY STRENGTHENING, AND REHABILITATION IN DEVELOPING AFRICAN NATIONS. FUNDS RAISED FOR GRANTING TO OUR ESWATINI PARTNER FOR THE CARE OF ORPHANED AND VULNERABLE CHILDREN AS WELL AS THE PURCHASE OF ENT MEDICAL EQUIPMENT AND TRAINING FOR ENT SERVICES IN ESWATINI, AFRICA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nancy Coughlin Director Of Operations | Officer | 36 | $13,750 |
David Luke Shellenberger Director | Trustee | 1 | $0 |
Rick Ueable Director | Trustee | 2 | $0 |
Dan Simonson Treasurer / Secretary | OfficerTrustee | 2 | $0 |
Patty White Director | Trustee | 1 | $0 |
Grant Sardachuk Chairman | 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 | $805,717 |
| Noncash contributions included in lines 1a–1f | $25,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $805,717 |
| 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 | $805,717 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $20,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $62,930 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $13,750 |
| 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 | $1,212 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,488 |
| Fees for services: Accounting | $1,371 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,131 |
| Office expenses | $3,488 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $5,488 |
| 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 | $115,104 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $681,207 |
| 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 | $8,750 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $56,429 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $38,016 |
| Total assets | $784,402 |
| Accounts payable and accrued expenses | $1,188 |
| 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 | $1,188 |
| Net assets without donor restrictions | $783,214 |
| 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 | $784,402 |