Civic Intelligence

The Church Initiative Inc

EIN 56-1889818 • 501(c)3 • Wake Forest, NC

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Profile

We equip churches to offer Christ-centered support groups (DivorceCare & GriefShare) for people grieving the death of a loved one or suffering from a broken marriage.

250 S Allen RdWake Forest, NC 27587

www.churchinitiative.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

44th percentile

0.01x

Higher debt load relative to assets than 44% of similar nonprofits.

NTEE X • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

38th percentile

0.01x

Higher debt load relative to revenue than 38% of similar nonprofits.

NTEE X • $5M-$10M nonprofits • Source year 2024

Net Margin

59th percentile

16%

Higher net margin than 59% of similar nonprofits.

NTEE X • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

90th percentile

$216,917

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 3.0% of source-year revenue.

NTEE X • $5M-$10M nonprofits • Source year 2024

Asset Growth

73rd percentile

15%

Faster asset growth than 73% of similar nonprofits.

NTEE X • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

48th percentile

1.0%

Faster revenue growth than 48% of similar nonprofits.

NTEE X • $5M-$10M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets44th percentile

Assets

Up

$7,538,764

Up $961,115 (+15%) from 2023

Liabilities

Down

$100,478

Down $166,604 (-62%) from 2023

Net Assets

Up

$7,438,286

Up $1,127,719 (+18%) from 2023

Operations
Liabilities / Revenue38th percentileNet Margin59th percentile

Revenue

Up

$7,225,340

Up $74,887 (+1.0%) from 2023

Expenses

Up

$6,091,873

Up $1,014,986 (+20%) from 2023

Net Income

Down

$1,133,467

Down $940,099 (-45%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth73rd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $3,124,043Liabilities 2011: $815,501Net Assets 2011: $2,308,5422011Assets 2012: $3,179,912Liabilities 2012: $592,019Net Assets 2012: $2,587,8932012Assets 2013: $3,334,139Liabilities 2013: $172,752Net Assets 2013: $3,161,3872013Assets 2014: $3,587,546Liabilities 2014: $340,705Net Assets 2014: $3,246,8412014Assets 2015: $4,305,915Liabilities 2015: $184,062Net Assets 2015: $4,121,8532015Assets 2017: $4,775,592Liabilities 2017: $159,141Net Assets 2017: $4,616,4512017Assets 2018: $4,962,292Liabilities 2018: $252,467Net Assets 2018: $4,709,8252018Assets 2019: $5,202,875Liabilities 2019: $200,762Net Assets 2019: $5,002,1132019Assets 2020: $5,055,905Liabilities 2020: $687,358Net Assets 2020: $4,368,5472020Assets 2021: $4,823,677Liabilities 2021: $1,083,292Net Assets 2021: $3,740,3852021Assets 2022: $5,460,579Liabilities 2022: $168,532Net Assets 2022: $5,292,0472022Assets 2023: $6,577,649Liabilities 2023: $267,082Net Assets 2023: $6,310,5672023Assets 2024: $7,538,764Liabilities 2024: $100,478Net Assets 2024: $7,438,2862024

Highlighted filing

2024

Assets$7,538,764
Liabilities$100,478
Net Assets$7,438,286
Open 2024 Filing

Operations Trend

Revenue Growth48th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $2,529,439Expenses 2011: $2,213,565Net Income 2011: $315,8742011Revenue 2012: $2,582,669Expenses 2012: $2,310,253Net Income 2012: $272,4162012Revenue 2013: $3,131,281Expenses 2013: $2,557,787Net Income 2013: $573,4942013Revenue 2014: $2,785,024Expenses 2014: $2,699,570Net Income 2014: $85,4542014Revenue 2015: $3,573,502Expenses 2015: $2,698,895Net Income 2015: $874,6072015Revenue 2017: $3,094,176Expenses 2017: $2,984,642Net Income 2017: $109,5342017Revenue 2018: $3,204,488Expenses 2018: $3,111,703Net Income 2018: $92,7852018Revenue 2019: $3,579,502Expenses 2019: $3,289,075Net Income 2019: $290,4272019Revenue 2020: $3,190,699Expenses 2020: $3,820,763Net Income 2020: -$630,0642020Revenue 2021: $3,131,625Expenses 2021: $3,764,764Net Income 2021: -$633,1392021Revenue 2022: $5,667,850Expenses 2022: $4,116,661Net Income 2022: $1,551,1892022Revenue 2023: $7,150,453Expenses 2023: $5,076,887Net Income 2023: $2,073,5662023Revenue 2024: $7,225,340Expenses 2024: $6,091,873Net Income 2024: $1,133,4672024

Highlighted filing

2024

Revenue$7,225,340
Expenses$6,091,873
Net Income$1,133,467
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$7,538,764
Liabilities
$100,478
Net assets
$7,438,286
Revenue
$7,225,340
Expenses
$6,091,873
Net income
$1,133,467
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.54$0.10$7.44$7.23$6.09$1.13
2023Detailed filing. Detailed filing data is available for this year.$6.58$0.27$6.31$7.15$5.08$2.07
2022Detailed filing. Detailed filing data is available for this year.$5.46$0.17$5.29$5.67$4.12$1.55
2021Detailed filing. Detailed filing data is available for this year.$4.82$1.08$3.74$3.13$3.76$0.63
2020Summary only. Only limited summary data is available for this year.$5.06$0.69$4.37$3.19$3.82$0.63
2019Summary only. Only limited summary data is available for this year.$5.20$0.20$5.00$3.58$3.29$0.29
2018Summary only. Only limited summary data is available for this year.$4.96$0.25$4.71$3.20$3.11$0.09
2017Summary only. Only limited summary data is available for this year.$4.78$0.16$4.62$3.09$2.98$0.11
2015Summary only. Only limited summary data is available for this year.$4.31$0.18$4.12$3.57$2.70$0.87
2014Summary only. Only limited summary data is available for this year.$3.59$0.34$3.25$2.79$2.70$0.09
2013Summary only. Only limited summary data is available for this year.$3.33$0.17$3.16$3.13$2.56$0.57
2012Summary only. Only limited summary data is available for this year.$3.18$0.59$2.59$2.58$2.31$0.27
2011Summary only. Only limited summary data is available for this year.$3.12$0.82$2.31$2.53$2.21$0.32
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Sep 20, 2025
Return Version
2023v6.0
Gross Receipts
$8,351,835
Mission and Program Overview

Mission

Establish, equip and provide on-going biblically based and Christ- centered assistance to voluntarily associated churches sponsoring life crises ministry support groups.

We share Gods comfort with grieving divorced people by inspiring equipping churches to reach and help them

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$26,366$3,882,050▲ $3,855,684
Savings and Temporary Cash Investments$4,601,780$1,615,068▼ $2,986,712
Inventories for Sale or Use$786,202$1,034,620▲ $248,418
Land, Buildings, and Equipment, Net$875,835$839,458▼ $36,377
Prepaid Expenses and Deferred Charges$90,003$80,301▼ $9,702
Accounts Receivable$33,460$47,560▲ $14,100
Cash and Non-Interest-Bearing Accounts$158,459$34,411▼ $124,048
Intangible Assets$6,084$5,296▼ $788
Total Assets$6,578,189$7,538,764▲ $960,575
Liabilities
Accounts Payable and Accrued Expenses$267,082$100,478▼ $166,604
Total Liabilities$267,082$100,478▼ $166,604
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,311,107$7,438,286▲ $1,127,179
Total Net Assets Fund Balance$6,311,107$7,438,286▲ $1,127,179
Total Liabilities and Net Assets / Fund Balance$6,578,189$7,538,764▲ $960,575

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$556,405$643,850$1,200,255
Equipment$61,534$269,166$330,700
Land$220,400-$220,400
Other Land Buildings$1,119$3,376$4,495
Compensation and Service Providers
Top Officer Pay90th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Richard W RaglandSr VPFT$189,648$27,269$216,917
Samuel J HodgesPresidentFT$141,459$72,990$214,449
Jenna BonnerVP Customer SuccessFT$125,404$25,081$150,485
Joel HopkinsVP MarketingFT$117,375$27,673$145,048
Joshua MacfarlaneVP Product Data TecFT$115,839$13,406$129,245
Stephen D GrissomCEOPT$36,000$5,987$41,987
Cheryl a GrissomVP-$10,608$3,992$14,600

Board Members and Trustees

NameTitle
Brian KeelDirector
Dwayne MckinneyDirector
Joe HumphriesDirector
Kim FaucetteDirector
Robert S StancilDirector
William B DunnDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
Kelly Networking Services-495 Deinhard Lane, Mccall, ID 83638$208,914
Revenue and Support

Revenue Composition

Contributions and Grants
$38,874
Program Service Revenue
$0
Investment Income
$221,848
Other Revenue
$6,964,618
All Other Contributions
$38,874
Change in Net Assets
$1,133,467
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,473,410
Other Expenses$2,596,097
Grants and Similar Amounts Paid$22,366
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,694,642$188,294-$1,882,936
Office Expenses$1,067,337$59,482-$1,126,819
Current Officers, Directors, Trustees, and Key Employees$488,233$488,232-$976,465
Information Technology$444,495$49,388-$493,883
Advertising$391,456--$391,456
Other Employee Benefits$331,489$36,832-$368,321
Payroll Taxes$172,646$19,182-$191,828
Fees for Services Other$157,540--$157,540
Fees for Services Accounting$59,976$59,976-$119,952
Occupancy$78,347$19,587-$97,934
Depreciation Depletion$70,054$12,362-$82,416
Pension Plan Contributions$42,347$11,513-$53,860
Fees for Services Legal-$45,514-$45,514
Travel$25,650$4,526-$30,176
Foreign Grants$22,366--$22,366
Other Expenses$9,096$9,943-$19,039
Royalties$14,221--$14,221
Insurance$8,772$3,760-$12,532
Fees for Service Investment Mgmnt Fees-$4,615-$4,615
Total Functional Expenses$5,078,667$1,013,206$0$6,091,873
International Activity

International Compliance

Foreign grant records maintained
No
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
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
CEO compensation reviewed
Yes
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 2

“Steve and Cheryl Grissom are married.”

Part VI Line 11B

“1 - Form 990 & all schedules reviewed by Sr. V.P., Treasurer & President.”

Part VI Line 11B

“2 - Reviewed 990 provided to entire Board of directors.”

Part VI Line 12C

“Ministry bylaws require disclosure interst in any transaction by Board,”

Part VI Line 12C

“Officers and Key employees.”

Part VI Line 15A or B

“Board appoints independent person(s)to collect & analyze compensation data”

Part VI Line 15A or B

“Board reviews, approves & documentes compensation decision.”

Part VI Line 18

“Upon request a review copy is made available.”

Part VI Line 19

“1 - A review copy of governing documents, which include conflict”

Part VI Line 19

“of interest, are made available upon request.”

Filing and Contact Details

Filer

Filer Name
The Church Initiative Inc
EIN
56-1889818
In Care Of
% Samuel J Hodges IV
Phone
9195622112
Address
250 S Allen Rd, Wake Forest, NC 27587

Signing Officer

Name
Samuel J Hodges Iv
Title
President
Phone
9195622112
Signed
2025-09-20
Discuss with paid preparer
No

Organization Details

Formed
1994
Legal Domicile
Nc
Voting Board Members
8
Independent Board Members
6
Employees
49

Preparer

Firm
Richard W Ragland CPA CGMA
Address
4000 Iron Horse Road, Raleigh, NC 27616
Preparer
Richard W Ragland
Phone
9194495820
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IRS990/Desc0In the 2023-24 fiscal year, through our groups, books, websites, and other digital communication, we shared the comfort of Christ with over 3.4 million people. Specifically, we equipped and partnered with 9,030 churches to offer over 18,614 GriefShare & DivorceCare support groups, helping over 150,000 people. We also provided churches with 220,863 participant workbooks, which they distributed to their DivorceCare and GriefShare group members. Additionally, 7,993 ministry partners (churches) utilized our free coaching, resulting in 42,650 coaching moments. We also recruited over 3,550 former group members to serve on, or start, church-based GriefShare and DivorceCare teams. And, through our efforts, the gospel was shared with over 150,000 people.
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