Understand The Times Inc
- Assets
- $622.5k
- Revenue
- $230.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Santa Ana, CA
- Founding
- 08/1991
- Data as of
- 12/2021
- EIN
- 95-4293159
Organization Overview
Understand The Times Inc is located in Santa Ana, CA. The organization was established in 1991. According to its NTEE Classification (X80) the organization is classified as: Religious Media & Communications, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Understand The Times 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 12/2021, Understand The Times Inc generated $230.4k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $153.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.0%) per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SPREAD THE GOSPEL THROUGH THE SPOKEN AND PRINTED WORD. OUTREACH THROUGH WEBSITES,EMAILED NEWSLETTERS, ONGOING SPEAKING ENGAGEMENTS AND ONLINE BIBLE SCHOOL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO SPREAD THE GOSPEL THROUGH THE SPOKEN AND PRINTED WORD. OUTREACH THROUGH WEBSITES, EMAILED NEWSLETTERS, ONGOING SPEAKING ENGAGEMENTS AND ONLINE BIBLE SCHOOL. MISSION PROGRAMS:THE BRYCE HOMES PROGRAM IS ACTIVE ALMOST A DOZEN COUNTRIES, AND HAS GROWN TO 64 HOMES, 25 IN KENYA, 15 IN MYANMAR, 9 IN SOUTH AFRICA AND 15 IN THE PHILIPPINES. WE ARE ASSISTING OVER 350 PEOPLE (CARETAKERS, WIDOWS AND ORPHANS) IN THESE COUNTRIES WHO ARE PART OF THE BRYCE HOMES INTERNATIONAL PROGRAM.IN EACH COUNTRY WE ARE WORKING WITH PASTORS AND CHURCH LEADERS WHO ARE RESPONSIBLY DISTRIBUTING THE DONATED FUNDS WE RECEIVE FROM FAITHFUL DONORS AROUND THE WORLD. PROGRESS REPORTS FROM EACH COUNTRY ARE POSTED ON OUR WEBSITE AT WWW.UNDERSTANDTHETIMES.ORG UNDER THE HEADINGS OF UTT MISSIONS. THIS HEADING IS BROKEN DOWN INTO MYANMAR, KENYA, SOUTH AFRICA AND THE PHILIPPINES. UPDATES ARE ALSO AVAILABLE ON UTT YOUTUBE CHANNEL. WE ARE ESTABLISHING CHRISTIAN CENTERS IN MYANMAR AND TO SUPPORT PREACHING OF THE GOSPEL IN THIS COUNTRY, WHILE PROVIDING EDUCATION TO CHILDREN IN THIS COUNTRY. THIS PROJECT ASSISTS NATIVE CHRISTIANS WHO HAVE A VISION TO REACH THEIR COUNTRY WITH THE GOSPEL OF JESUS CHRIST. MISSION MYANMAR CONTINUES TO DO WELL. MORE THAN SIXTY CHILDREN ARE ATTENDING SCHOOL AND BEING CARED FOR AND GIVEN A CHRISTIAN EDUCATION. WE HAVE SECURED SPONSORS FOR MORE MISSIONARIES TO TAKE THE GOSPEL TO COUNTRY OF MYANMAR. WE ARE WORKING TO ESTABLISH A BIBLE COLLEGE IN THE NEAR FUTURE.THE BRYCE HOMES PROGRAM IN MYANMAR HAS ADVANCED THROUGH VARIOUS PHASES SINCE THE IDEA WAS FIRST PUT INTO ACTION IN 2006. INSTEAD OF THE IDEA OF ORGANIZED INSTITUTIONS FOR THE POOR, WE HAVE REDIRECTED OUR VISION BY ESTABLISHING CHRISTIAN HOMES WHERE PARENTS CAN PROVIDE AN ENVIRONMENT FOR THE NEEDY AS WELL AS BECOME FAITH-BUILDING LIGHTHOUSES WHERE TRUTH CAN BE SPREAD TO THE SURROUNDING COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roger Oakland President | Officer | 64 | $12,000 |
Bill Wynne Secretary | Officer | 4 | $0 |
Ron Stillman CFO | Officer | 4 | $0 |
Chick Chickeles Director | Trustee | 4 | $0 |
Tom Worthington Director | Trustee | 4 | $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 | $230,435 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $230,435 |
| Total Program Service Revenue | $0 |
| Investment income | $10 |
| 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 | $230,445 |
| 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. | $12,000 |
| 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 | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,452 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,040 |
| Advertising and promotion | $0 |
| Office expenses | $975 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $5,841 |
| Travel | $634 |
| 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 | $11,753 |
| Total functional expenses | $153,088 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $516,615 |
| Savings and temporary cash investments | $105,902 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $622,517 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $622,517 |
| Total liabilities and net assets/fund balances | $622,517 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Understand The Times Inc has recieved totaling $38,860.
| Awarding Organization | Amount |
|---|---|
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $23,300 |
Sowing Circle Lake Forest, CA PURPOSE: MISSIONS | $15,560 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Northwest Energy Supply Cooperative Portland, OR | $4,850,835 | $9,634,429 |
Haven Ministries Riverside, CA | $2,297,820 | $5,311,221 |
White Horse Inc San Diego, CA | $4,873,763 | $2,976,730 |
Living Waters Publications Bellflower, CA | $5,056,879 | $4,625,688 |
Trans Church Research Irvine, CA | $2,285,158 | $2,675,184 |
Quiet Hour Redlands, CA | $7,611,407 | $1,956,518 |
The Tidings Los Angeles, CA | $212,677 | $1,691,823 |
Sean Feucht Ministries Inc Redding, CA | $4,625,342 | $5,314,148 |
Hope Of All Nations Westminster, CA | $124,685 | $892,650 |
Catholic Broadcasting Northwest Inc Portland, OR | $3,843,580 | $1,017,523 |
Elijah List Ministries Inc Albany, OR | $831,154 | $1,544,008 |
Hischannel Ministries Santa Ana, CA | $555,267 | $1,103,089 |