Cadence International
- Assets
- $12.9m
- Revenue
- $14.6m
- Investments
- $325.4k
- Employees
- 193
- Location
- Englewood, CO
- Founding
- 08/1957
- Data as of
- 05/2023
- EIN
- 84-6027655
Organization Overview
Cadence International is located in Englewood, CO. The organization was established in 1957. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 05/2023, Cadence International employed 193 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cadence International 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 05/2023, Cadence International generated $14.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $12.0m during the year ending 05/2023. While expenses have increased by 3.2% per year over the past 8 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SHARING THE GOSPEL AND OUR LIVES WITH THE MILITARY COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADULT MINISTRIES AT CADENCE HOSPITALITY HOUSES OR RETREAT CENTERS, SERVICEMEN AND WOMEN FIND AN OPEN DOOR, A COMFORTABLE COUCH, A HOME-COOKED MEAL, AND PEOPLE WHO LISTEN, ENCOURAGE, LOVE, AND POINT THEM TO THE HOPE OF CHRIST. MINISTRIES IN THESE LOCATIONS INCLUDE RETREATS, BIBLE STUDIES, CLASSES, SINGLES GROUPS, FAMILY-FOCUSED MINISTRIES, EVANGELISTIC OUTREACH EFFORTS, ONE-TO-ONE DISCIPLESHIP, AND COFFEE HOUSE MINISTRIES. CADENCE ADULT MINISTRIES MISSIONARIES STRIVE TO SHARE THE UPS AND DOWNS OF LIFE WITH MILITARY PERSONNEL, ENCOURAGING THEM INTO DEEPER RELATIONSHIPS WITH OTHERS AND WITH CHRIST.
YOUTH AND CHILDREN CADENCE STUDENT MINISTRY (CSM) AND CADENCE CHILDREN'S MINISTRY (CCM) SERVE AND REACH OUT TO THE CHILDREN OF MILITARY PERSONNEL AROUND THE WORLD. THE GRADE SCHOOL KIDS AND TEENS OF THE MILITARY COMMUNITY GROW UP IN A FLUCTUATING ENVIRONMENT, OFTEN WITH ONE, AND SOMETIMES BOTH, PARENTS DEPLOYED. CSM AND CCM PARTNER WITH CHAPEL YOUTH GROUPS AND HOSPITALITY HOUSES TO BUILD AUTHENTIC COMMUNITY, HAVE FUN, AND GROW OUR FAITH.
FOREIGN MINISTRIES CADENCE HAS A HEART FOR MILITARY COMMUNITIES AROUND THE WORLD. THROUGH PROFESSIONAL DEVELOPMENT AND SOCIAL RELIEF PROGRAMS, FOREIGN MILITARY AND SECURITY FORCE MEMBERS OF OTHER NATIONS ARE COMING TO KNOW CHRIST AND LEARNING TO SHARE THEIR NEW-FOUND FAITH WITH OTHERS. AS INFLUENTIAL LEADERS WITHIN THEIR GOVERNMENTS, THESE PEOPLE MAY HOLD THE KEYS TO BREAKING CYCLES OF CORRUPTION AND INFLUENCING THEIR ENTIRE NATION FOR CHRIST.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Secretary | OfficerTrustee | 1 | $0 |
Name Not Listed President | OfficerTrustee | 40 | $90,028 |
Name Not Listed Vice Chairman | OfficerTrustee | 1 | $0 |
Name Not Listed Chairman | OfficerTrustee | 1 | $0 |
Name Not Listed Director | Trustee | 1 | $0 |
Name Not Listed Director/hq Administrative Assistant | Trustee | 20 | $5,627 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $5,306 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $14,223,897 |
| Noncash contributions included in lines 1a–1f | $2,519,213 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,229,203 |
| Total Program Service Revenue | $266,389 |
| Investment income | $87,436 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $11,251 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,947 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $14,598,282 |
| 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. | $730,628 |
| Compensation of current officers, directors, key employees. | $94,982 |
| Compensation to disqualified persons | $177,947 |
| Other salaries and wages | $5,835,502 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $809,110 |
| Payroll taxes | $365,590 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $47,366 |
| Fees for services: Accounting | $21,095 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $212,562 |
| Advertising and promotion | $73,476 |
| Office expenses | $115,617 |
| Information technology | $192,010 |
| Royalties | $0 |
| Occupancy | $795,490 |
| Travel | $966,478 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $863,950 |
| Interest | $1,063 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $231,061 |
| Insurance | $166,582 |
| All other expenses | $117,957 |
| Total functional expenses | $12,021,893 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $379,313 |
| Savings and temporary cash investments | $3,203,634 |
| Pledges and grants receivable | $1,366,121 |
| Accounts receivable, net | $66,969 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $173,691 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $178,347 |
| Net Land, buildings, and equipment | $6,020,036 |
| Investments—publicly traded securities | $566,417 |
| Investments—other securities | $325,431 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $667,672 |
| Total assets | $12,947,631 |
| Accounts payable and accrued expenses | $347,474 |
| 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 | $587,561 |
| Total liabilities | $935,035 |
| Net assets without donor restrictions | $8,119,963 |
| Net assets with donor restrictions | $3,892,633 |
| 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 | $12,947,631 |