World Missionary Assistance Plan
- Assets
- $2.8m
- Revenue
- $409.9k
- Investments
- $0.0
- Employees
- 4
- Location
- Prescott, AZ
- Founding
- 01/1965
- Data as of
- 12/2023
- EIN
- 95-3711613
Organization Overview
World Missionary Assistance Plan is located in Prescott, AZ. The organization was established in 1965. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2023, World Missionary Assistance Plan employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. World Missionary Assistance Plan 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 12/2023, World Missionary Assistance Plan generated $409.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (6.4%) each year. All expenses for the organization totaled $596.4k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (5.7%) per year over the past 9 years. 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
RELIGIOUS TRAINING
Describe the Organization's Program Activity:
Part 3 - Line 4a
BOOKS SUPPLIED TO THIRD WORLD CHURCH LEADERS PROVIDING BIBLE BASED, DOCTRINALLY SOUND TEACHING.
SPIRITUAL RENEWAL AND TRAINING SEMINARS FOR CHURCH LEADERS IN FOREIGN COUNTRIES
PUBLICATION OF TRANS-DENOMINATIONAL CHRISTIAN TRAINING MAGAZINES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frank R Parrish Director/pres. | OfficerTrustee | 45 | $96,000 |
Maureen W Parrish Vice President | OfficerTrustee | 45 | $84,657 |
Victor Torres Jr Sec/treas | OfficerTrustee | 1 | $0 |
Jon Cook S/t Thru 2/7/23 | OfficerTrustee | 1 | $0 |
Reginald Mercado Board Member | Trustee | 1 | $0 |
Jim Oswald Board Member | Trustee | 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 | $329,846 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $329,846 |
| Total Program Service Revenue | $0 |
| Investment income | $80,047 |
| 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 | $409,893 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $31,700 |
| Grants and other assistance to domestic individuals. | $2,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $180,658 |
| Compensation of current officers, directors, key employees. | $9,653 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $88,809 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $42,342 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $50,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,010 |
| Advertising and promotion | $0 |
| Office expenses | $13,904 |
| Information technology | $11,048 |
| Royalties | $0 |
| Occupancy | $19,928 |
| Travel | $36,503 |
| 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 | $19,969 |
| Insurance | $2,369 |
| All other expenses | $2,434 |
| Total functional expenses | $596,395 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $30,293 |
| Savings and temporary cash investments | $2,334,356 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $6,518 |
| 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 | $7,856 |
| Net Land, buildings, and equipment | $411,240 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,790,263 |
| Accounts payable and accrued expenses | $25,786 |
| 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 | $25,786 |
| Net assets without donor restrictions | $2,759,920 |
| Net assets with donor restrictions | $4,557 |
| 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 | $2,790,263 |
Grants Awarded
Over the last fiscal year, World Missionary Assistance Plan has awarded $24,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
PAMOJA MINISTRIES PURPOSE: CHARITABLE CONTRIBUTION | $6,100 |
SPIRIT OF MARTYRDOM PURPOSE: CHARITABLE CONTRIBUTION | $18,400 |