Emerging Fields Inc
- Assets
- $20.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mckinney, TX
- Founding
- 12/2019
- EIN
- 84-2920016
Organization Overview
Emerging Fields Inc is located in Mckinney, TX. The organization was established in 2019. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Emerging Fields 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 undefined, Emerging Fields Inc generated $95.2k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 28.5% each year . All expenses for the organization totaled $76.1k during the year ending undefined. While expenses have increased by 14.9% per year over the past 2 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
Describe the Organization's Program Activity:
Part 3
MAXIMIZED THE IMPACT OF CHARITABLE GIFTS; PROVIDED HUMANITARIAN HELP INTERNATIONALLY AND PROMOTED BASIC HUMAN RIGHTS AND FREEDOMS; SUPPORTED AND INVESTED IN BUSINESSES THAT ALLEVIATE POVERTY, THAT PROVIDE EDUCATION AND SKILLS TO THE DISADVANTAGED, THAT FREE PEOPLE FROM SUCH VICES AS ADDICTIONS, SOCIAL INJUSTICE, SEX TRAFFICKING, CRIMINAL PATTERNS OF BEHAVIOR, AND SIMILAR VICES AND SOCIETAL ILLS AS MAY BE SPECIFIED HEREIN OR IN THE CORPORATION'S BYLAWS; ESTABLISHING A POOL OF MANAGED FUNDS PROVIDED BY DONATIOINS FOR THE PURPOSE OF MAKING INVESTMENTS WITH BUSINESSES THAT HAVE AS A SIGNIFICANT PART OF THEIR BUSINESS MODEL ACCOMPLISHING CHARITABLE, EDUCATIONAL, RELIGIOUS, LITERARY AND SCIENTIFIC OBJECTIVES SIMILAR TO THOSE SPECIFIED IN THESE ARTICLES OR IN THE CORPORATION'S BYLAWS; AND OTHERWISE PROVIDING DISTRIBUTIONS TO OR FOR THE USE OF ORGANIZATIONS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL, RELIGIOUS AND SCIENTIFIC PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. AT ITS CORE, EFI SEEKS TO ESTABLISH SUSTAIINABLE CHRISTIAN INITIATIVES THAT SPARK SOCIAL TRANSFORMATION WHILE ADVANCING THE GOSPEL OF JESUS CHRIST IN DEVELOPING NATIOINS AND AMONG HARD-TO-REACH PEOPLE GROUPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bob Reader President | 40 | $26,713 | |
Ben Claar Secretary | 0.5 | $0 | |
Brian Coffey Treasurer | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $80,168 |
| Total Program Service Revenue | $15,000 |
| Membership dues | $0 |
| Investment income | $6 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $8 |
| Total Revenue | $95,182 |
| Statement of Expenses | |
|---|---|
| Total expenses | $76,056 |
| Balance Sheet | |
|---|---|
| Total assets | $20,742 |
| Total liabilities | $0 |
| Net assets or fund balances | $20,742 |