Missio Corp
- Assets
- $3.9m
- Revenue
- $526.2k
- Investments
- $0.0
- Employees
- 4
- Location
- New York, NY
- Founding
- 02/2020
- Data as of
- 12/2022
- EIN
- 83-2355039
Organization Overview
Missio Corp is located in New York, NY. The organization was established in 2020. 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. As of 12/2022, Missio Corp employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Missio Corp 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 12/2022, Missio Corp generated $526.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (24.6%) each year. All expenses for the organization totaled $1.7m during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSIO CORP. . WAS CONCEIVED TO BUILD UP THE PERSONNEL AND INFRASTRUCTURE IN MISSION DIOCESES (SEE SCH O)CURRENTLY MORE THAN 1,100 CATHOLIC DIOCESES, MOSTLY IN AFRICA AND ASIA. MISSIO CORP. HAS UNIQUE ACCESS TO THE CATHOLIC CHURCH'S NETWORK OF DIOCESES, SEMINARIES, RELIGIOUS COMMUNITIES, PARISHES, SCHOOLS AND SOCIAL INSTITUTIONS, PROVIDING SUPPORT FOR CAPACITY BUILDING OF CHURCH LEADERS, TECHNICAL ASSISTANCE, AND PROJECTS THAT ADDRESS CRITICAL ISSUES SUCH AS FOOD SECURITY, CARE FOR OUR COMMON HOME, EDUCATION AND HEALTH CARE. THE CATHOLIC CHURCH IS THE LARGEST PROVIDER OF EDUCATION AND HEALTH CARE ACROSS AFRICA AND IS UNIQUELY POSITIONED TO FILL THE GROWING GAP BETWEEN AN EXPANDING POPULATION AND LOCAL SOLUTIONS THAT CANNOT KEEP PACE. THE CHURCH ALSO OWNS VAST AMOUNTS OF ARABLE LAND, AN UNDERUTILIZED RESOURCE WHICH CAN DIRECTLY ADDRESS FOOD SECURITY, ADVANCE ENVIRONMENTALLY SOUND FARMING PRACTICES, AND PROVIDE JOBS WHILE GENERATING INCOME TO FUND THE VITAL SOCIAL PROGRAMS
Describe the Organization's Program Activity:
Part 3 - Line 4a
BUSINESS DEVELOPMENT - DEVELOPING ENTREPRENEURIAL SKILLS FOR RELIGIOUS INVOLVED IN AGRICULTURAL PROGRAMS TO ALLOW THESE LEADERS TO BE LESS DEPENDENT ON DONATIONS AND TO BE ABLE TO PROVIDE THE NEEDS FOR THEIR CONSTITUENCIES.
BUSINESS DEVELOPMENT - DEVELOPING ENTREPRENEURIAL SKILLS FOR RELIGIOUS INVOLVED IN AGRICULTURAL PROGRAMS TO ALLOW THESE LEADERS TO BE LESS DEPENDENT ON DONATIONS AND TO BE ABLE TO PROVIDE THE NEEDS FOR THEIR CONSTITUENCIES.
CAPACITY BUILDING & TECHNICAL ASSISTANCE - PROVIDING TRAINING AND EXPERTISE THAT THEN TRANSFERS TO OTHERS IN THE RELIGIOUS COMMUNITY, PROVIDING OPPORTUNITIES FOR OVERALL DEVELOPMENT. WITH SUPPORT FROM DONATIONS AND OTHER SOURCES PROVIDE AGRICULTURAL EXPERTISE THAT WILL ENABLE SELECTED PROJECTS TO ACHIEVE THEIR GOAL OF SUPPORTING THEIR COMMUNITIES. BASED ON THE FUNDING PROVIDED FOR APPROVED AGRICULTURAL PROJECTS ALL EFFORTS ARE MADE TO ALLOW THE RECIPIENT TO BECOME MORE SELF-SUSTAINING, AND BETTER ABLE TO PROVIDE FOR THE NEEDS OF THE SCHOOLS, ORPHANAGES, SEMINARIES OR OTHER CHURCH FACILITY AND SURROUND COMMUNITIES.
CAPACITY BUILDING & TECHNICAL ASSISTANCE - PROVIDING TRAINING AND EXPERTISE THAT THEN TRANSFERS TO OTHERS IN THE RELIGIOUS COMMUNITY, PROVIDING OPPORTUNITIES FOR OVERALL DEVELOPMENT. WITH SUPPORT FROM DONATIONS AND OTHER SOURCES PROVIDE AGRICULTURAL EXPERTISE THAT WILL ENABLE SELECTED PROJECTS TO ACHIEVE THEIR GOAL OF SUPPORTING THEIR COMMUNITIES. BASED ON THE FUNDING PROVIDED FOR APPROVED AGRICULTURAL PROJECTS ALL EFFORTS ARE MADE TO ALLOW THE RECIPIENT TO BECOME MORE SELF-SUSTAINING, AND BETTER ABLE TO PROVIDE FOR THE NEEDS OF THE SCHOOLS, ORPHANAGES, SEMINARIES OR OTHER CHURCH FACILITY AND SURROUND COMMUNITIES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rev Andrew Small Omi Founder & CEO | OfficerTrustee | 35 | $0 |
Rev Monsignor Robert J Fuhrman Chairman | Trustee | 1 | $0 |
Rev Patrick Posey Secretary / Treasurer | OfficerTrustee | 1 | $0 |
Antoinette Mensah PHD Vice-Chairperson | OfficerTrustee | 1 | $0 |
Keith Polo Chief Lending Officer | Officer | 40 | $201,200 |
Joelle C Birge Vice President, Lending | Officer | 40 | $171,400 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $500,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $11,505 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $511,505 |
| Total Program Service Revenue | $0 |
| Investment income | $14,666 |
| 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 | $526,171 |
| 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 | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $460,787 |
| Compensation of current officers, directors, key employees. | $130,209 |
| Compensation to disqualified persons | $110,600 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $46,859 |
| Other employee benefits | $91,636 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $100,919 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $70,592 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,710,501 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $49,934 |
| Savings and temporary cash investments | $3,817,935 |
| 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 | $2,429 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $42,114 |
| Total assets | $3,912,412 |
| Accounts payable and accrued expenses | $194,840 |
| 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 | $254,000 |
| Total liabilities | $448,840 |
| Net assets without donor restrictions | $3,463,572 |
| 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 | $3,912,412 |