Civic Intelligence

Nams Network Inc.

990 • Fiscal year 2022 • EIN 27-3731123

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 10, 2023

Organization Profilenamsnetwork.com
2820 Selwyn Ave Suite 694Charlotte, NC 28209-1785

(843) 446-5071

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • NTEE X21 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • NTEE X21 • <$500k nonprofits • Source year 2022

Net Margin

70th percentile

19%

Higher net margin than 70% of similar nonprofits.

2022 filings • NTEE X21 • <$500k nonprofits • Source year 2022

Top Officer Pay

87th percentile

$36,000

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 9.2% of source-year revenue.

2022 filings • NTEE X21 • <$500k nonprofits • Source year 2022

Asset Growth

94th percentile

224%

Faster asset growth than 94% of similar nonprofits.

2022 filings • NTEE X21 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

91st percentile

98%

Faster revenue growth than 91% of similar nonprofits.

2022 filings • NTEE X21 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$105,459

Up $72,926 (+224%) from 2021

Net Assets

Up

$105,459

Up $72,926 (+224%) from 2021

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue62nd percentileNet Margin70th percentile

Revenue

Up

$392,718

Up $194,519 (+98%) from 2021

Expenses

Up

$319,792

Up $135,961 (+74%) from 2021

Net Income

Up

$72,926

Up $58,558 (+408%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth94th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$150K$100K$50K$0Assets 2021: $32,533Net Assets 2021: $32,5332021Assets 2022: $105,459Liabilities 2022: $0Net Assets 2022: $105,4592022Assets 2023: $65,980Liabilities 2023: $0Net Assets 2023: $65,9802023Assets 2024: $45,688Liabilities 2024: $0Net Assets 2024: $45,6882024

Highlighted filing

2022

Assets$105,459
Liabilities$0
Net Assets$105,459
Open 2022 Filing

Operations Trend

Revenue Growth91st percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$200K$0-$200KRevenue 2021: $198,199Expenses 2021: $183,831Net Income 2021: $14,3682021Revenue 2022: $392,718Expenses 2022: $319,792Net Income 2022: $72,9262022Revenue 2023: $287,401Expenses 2023: $326,880Net Income 2023: -$39,4792023Revenue 2024: $315,406Expenses 2024: $335,698Net Income 2024: -$20,2922024

Highlighted filing

2022

Revenue$392,718
Expenses$319,792
Net Income$72,926
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 10, 2023
Return Version
2022v5.0
Gross Receipts
$392,718
Mission and Program Overview

Mission

GloballyexpandandsupportChristianmissions

NAMS Network Inc. is an Order of missionary companions helping to plant new communities that are submitted to Christ Jesus and His Word.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$22,521$65,430▲ $42,909
Savings and Temporary Cash Investments$10,012$40,029▲ $30,017
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$32,533$105,459▲ $72,926
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$32,533$105,459▲ $72,926
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$32,533$105,459▲ $72,926
Total Liabilities and Net Assets / Fund Balance$32,533$105,459▲ $72,926
Compensation and Service Providers
Top Officer Pay87th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Manik CoreaVice PresidentPT$36,000$36,000
Sam HorowitzSecretaryPT$11,328$11,328
Jon ShulerPresidentPT$5,000$5,000

Board Members and Trustees

NameTitle
Georgie OngDirector
Mark OxbrowDirector
Andrew JohnsonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$392,701
Program Service Revenue
$0
Investment Income
$17
Other Revenue
$0
All Other Contributions
$392,701
Change in Net Assets
$72,926
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$217,211
Grants and Similar Amounts Paid$102,581
Total Fundraising Expense$53,919
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$36,078$39,520$39,520$115,118
Foreign Grants$70,209--$70,209
Travel$32,511$0$4,077$36,588
Grants to Domestic Individuals$32,372--$32,372
Conferences and Meetings$14,207$0$5,488$19,695
Fees for Services Accounting$0$12,025$0$12,025
Information Technology$4,538$0$2,405$6,943
Office Expenses$0$2,477$0$2,477
Total Functional Expenses$189,915$75,958$53,919$319,792
International Activity

International Summary

Offices
0
Employees
16
Spending
$130,765

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
East Asia and the PacificProgram servicesoversee field missionaries and maintaining and expanding Christian communities of faith03$51,380
Europe Including Iceland and GreenlandProgram servicestraining associates maintaining and expanding Christian communities of faith03$23,578
South AsiaProgram servicesmaintain and expand Christian communities of faith02$14,700
Middle East and North AfricaProgram servicesmaintaining and expanding Christian communities of faith02$13,073
East Asia and the PacificProgram servicesapprentice training and maintaining and expanding Christian communities of faith02$12,582
Sub-Saharan AfricaProgram servicesmaintaining and expanding Christian communities of faith01$8,830
South AmericaProgram servicesmaintaining and expanding Christian communities of faith02$4,507
Middle East and North AfricaProgram servicesmaintaining and expanding Christian communities of faith01$2,115
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI, Line 11A

“The Room 990 is prepared by an independent contractor. The Treasurer Andrew Johnson is provided a copy of the Form 990 for review and signature before the form is filed.”

Part VI, Line 12C

“Annually each member of the Board of Directors is provided a copy of the Conflict of Interest Policy to vote on the maintaining the policy for the corporation. At the quarterly Board meetings the members are provided the opportunity to review any situation where a conflict of interest could arise.”

Filing and Contact Details

Filer

Filer Name
Nams Network Inc
EIN
27-3731123
In Care Of
% Jon Shuler
Phone
8434465071
Address
2820 SELWYN AVE SUITE 694, CHARLOTTE, NC 28209-1785

Signing Officer

Name
Andrew Johnson
Title
Treasurer
Signed
2023-11-10
Discuss with paid preparer
No

Organization Details

Formed
2010
Legal Domicile
Fl
Voting Board Members
6
Independent Board Members
0
Employees
0
Volunteers
65

Preparer

Firm
April Lynn Craig
Address
3111 COUNTRY CLUB DR, CHARLOTTE, NC 28205
Preparer
Lynn Craig
Supplemental Narrative

Additional Explanations

Part III, Line 4D

“| Description:, Expense Amount:, Grants Amount:, Revenue Amount:| Conferences and on going training missionary training for those in the field. These meetings also provide encouragement and support for the field missionaries. During 2022 there were approximately 85 individuals included in these training programs., $14207, $0, $0|”

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/MissionDesc0NAMS Network Inc. alongside faithful Anglican Christians and under the authority of faithful Anglican structures in every part of the globe seeks to create Christian communities and plant Christian churches. To that end NAMS Network Inc provides teaching coaching encouragement and limited financial support.
IRS990/MoreThan5000KToIndividualsInd0true
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt032533
IRS990/NetAssetsOrFundBalancesEOYAmt0105459
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt00
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncomeFromGamingGrp/ExclusionAmt00
IRS990/NetIncomeFromGamingGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncomeOrLossGrp/ExclusionAmt00
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt00
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt032533
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0105459
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt00
IRS990/OccupancyGrp/ProgramServicesAmt00
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02477
IRS990/OfficeExpensesGrp/ProgramServicesAmt00
IRS990/OfficeExpensesGrp/TotalAmt02477
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Administrative
IRS990/OtherExpensesGrp/Desc1Fundraising
IRS990/OtherExpensesGrp/Desc2Financial Service Fees
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt12429
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt017928
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt24008
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt00
IRS990/OtherExpensesGrp/ProgramServicesAmt10
IRS990/OtherExpensesGrp/ProgramServicesAmt20
IRS990/OtherExpensesGrp/ProgramServicesAmt30
IRS990/OtherExpensesGrp/TotalAmt017928
IRS990/OtherExpensesGrp/TotalAmt12429
IRS990/OtherExpensesGrp/TotalAmt24008
IRS990/OtherExpensesGrp/TotalAmt30
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueMiscGrp/ExclusionAmt00
IRS990/OtherRevenueMiscGrp/ExclusionAmt10
IRS990/OtherRevenueMiscGrp/ExclusionAmt20
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt10
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt20
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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt10
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt20
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt00
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt10
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt20
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/FundraisingAmt00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt00
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0Jon Shuler
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/ExclusionAmt20
IRS990/ProgramServiceRevenueGrp/ExclusionAmt30
IRS990/ProgramServiceRevenueGrp/ExclusionAmt40
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt10
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt20
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt30
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt40
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt00

Document Assets

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$105,459
Liabilities
$0
Net assets
$105,459
Revenue
$392,718
Expenses
$319,792
Net income
$72,926
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.46$0.00$0.46$3.15$3.36$0.20
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.66$0.00$0.66$2.87$3.27$0.39
2022Detailed filing. Detailed filing data is available for this year.$1.05$0.00$1.05$3.93$3.20$0.73
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.33$0.33$1.98$1.84$0.14