Civic Intelligence

Baptist Women in Ministry Inc

EIN 61-1030103 • 501(c)3 • Waco, TX

Profile

To serve as a catalyst in baptist life.

PO Box 7458Waco, TX 76714

n/A

Siviq Scores

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

Liabilities / Assets

19th percentile

0.00x

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

20th percentile

0.00x

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

83rd percentile

35%

Higher net margin than 83% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

78th percentile

$132,842

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 11.8% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

93rd percentile

82%

Faster asset growth than 93% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

90th percentile

95%

Faster revenue growth than 90% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets19th percentile

Assets

Up

$861,081

Up $388,599 (+82%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$861,081

Up $388,599 (+82%) from 2023

Operations
Liabilities / Revenue20th percentileNet Margin83rd percentile

Revenue

Up

$1,121,755

Up $547,299 (+95%) from 2023

Expenses

Up

$733,156

Up $196,213 (+37%) from 2023

Net Income

Up

$388,599

Up $351,086 (+936%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth93rd percentile

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

$1.0M$500K$0Assets 2011: $37,530Liabilities 2011: $770Net Assets 2011: $36,7602011Assets 2012: $54,731Liabilities 2012: $1,809Net Assets 2012: $52,9222012Assets 2013: $58,187Liabilities 2013: $1,6232013Assets 2014: $79,245Liabilities 2014: $1,9682014Assets 2015: $61,381Liabilities 2015: $5012015Assets 2016: $72,954Liabilities 2016: $4162016Assets 2017: $94,871Liabilities 2017: $0Net Assets 2017: $94,8712017Assets 2018: $94,212Liabilities 2018: $0Net Assets 2018: $94,2122018Assets 2019: $553,413Liabilities 2019: $0Net Assets 2019: $553,4132019Assets 2020: $425,935Liabilities 2020: $0Net Assets 2020: $425,9352020Assets 2021: $472,580Liabilities 2021: $0Net Assets 2021: $472,5802021Assets 2022: $434,597Liabilities 2022: $0Net Assets 2022: $434,5972022Assets 2023: $472,482Liabilities 2023: $0Net Assets 2023: $472,4822023Assets 2024: $861,081Liabilities 2024: $0Net Assets 2024: $861,0812024

Highlighted filing

2024

Assets$861,081
Liabilities$0
Net Assets$861,081
Open 2024 Filing

Operations Trend

Revenue Growth90th percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $137,389Expenses 2011: $129,249Net Income 2011: $8,1402011Revenue 2012: $161,949Expenses 2012: $145,787Net Income 2012: $16,1622012Revenue 2013: $147,813Expenses 2013: $130,905Net Income 2013: $16,9082013Revenue 2014: $168,887Expenses 2014: $148,174Net Income 2014: $20,7132014Revenue 2015: $141,906Expenses 2015: $147,783Net Income 2015: -$5,8772015Revenue 2016: $130,742Expenses 2016: $119,084Net Income 2016: $11,6582016Revenue 2017: $212,261Expenses 2017: $220,723Net Income 2017: -$8,4622017Revenue 2018: $234,359Expenses 2018: $234,812Net Income 2018: -$4532018Revenue 2019: $697,898Expenses 2019: $244,887Net Income 2019: $453,0112019Revenue 2020: $158,847Expenses 2020: $277,546Net Income 2020: -$118,6992020Revenue 2021: $343,558Expenses 2021: $292,419Net Income 2021: $51,1392021Revenue 2022: $365,901Expenses 2022: $396,971Net Income 2022: -$31,0702022Revenue 2023: $574,456Expenses 2023: $536,943Net Income 2023: $37,5132023Revenue 2024: $1,121,755Expenses 2024: $733,156Net Income 2024: $388,5992024

Highlighted filing

2024

Revenue$1,121,755
Expenses$733,156
Net Income$388,599
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$861,081
Liabilities
$0
Net assets
$861,081
Revenue
$1,121,755
Expenses
$733,156
Net income
$388,599
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.86$0.00$0.86$1.12$0.73$0.39
2023Detailed filing. Detailed filing data is available for this year.$0.47$0.00$0.47$0.57$0.54$0.04
2022Detailed filing. Detailed filing data is available for this year.$0.43$0.00$0.43$0.37$0.40$0.03
2021Detailed filing. Detailed filing data is available for this year.$0.47$0.00$0.47$0.34$0.29$0.05
2020Detailed filing. Detailed filing data is available for this year.$0.43$0.00$0.43$0.16$0.28$0.12
2019Detailed filing. Detailed filing data is available for this year.$0.55$0.00$0.55$0.70$0.24$0.45
2018Detailed filing. Detailed filing data is available for this year.$0.09$0.00$0.09$0.23$0.23$0.00
2017Summary only. Only limited summary data is available for this year.$0.09$0.00$0.09$0.21$0.22$0.01
2016Summary only. Only limited summary data is available for this year.$0.07$0.00$0.13$0.12$0.01
2015Summary only. Only limited summary data is available for this year.$0.06$0.00$0.14$0.15$0.01
2014Summary only. Only limited summary data is available for this year.$0.08$0.00$0.17$0.15$0.02
2013Summary only. Only limited summary data is available for this year.$0.06$0.00$0.15$0.13$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.05$0.00$0.05$0.16$0.15$0.02
2011Summary only. Only limited summary data is available for this year.$0.04$0.00$0.04$0.14$0.13$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Nov 11, 2024
Return Version
2023v5.0
Gross Receipts
$1,121,755
Mission and Program Overview

Mission

To serve as a catalyst in Baptist life.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$472,482$861,081▲ $388,599
Savings and Temporary Cash Investments$403,825$804,854▲ $401,029
Cash and Non-Interest-Bearing Accounts$68,109$55,679▼ $12,430
Land, Buildings, and Equipment, Net$548$548→ $0
Total Assets$472,482$861,081▲ $388,599
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$472,482$861,081▲ $388,599
Total Liabilities and Net Assets / Fund Balance$472,482$861,081▲ $388,599

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$548-$548
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Meredith StoneExecutive DiFT$66,359$66,483$132,842

Board Members and Trustees

NameTitle
Rebecca MathisChair
Brittany StillwellDirector
Ellen DigiosiaDirector
Jon SingletaryDirector
Joy Martinez-marshallDirector
Leah ReedDirector
Molly Shoulta TuckerDirector
Natasha Nedrick-adzudzorDirector
Xiomara Reboyras-ortizDirector
Lynn HolmesOfficer
Michael MillsOfficer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,101,058
Program Service Revenue
$0
Investment Income
$20,697
Other Revenue
$0
All Other Contributions
$1,101,058
Change in Net Assets
$388,599
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$377,703
Salaries, Compensation, and Employee Benefits$355,453
Total Fundraising Expense$10,718
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$180,122--$180,122
Conferences and Meetings$158,859--$158,859
Current Officers, Directors, Trustees, and Key Employees$132,842--$132,842
Travel$40,840--$40,840
Other Employee Benefits$33,220--$33,220
Office Expenses-$22,079-$22,079
Other Expenses$19,749-$10,718$10,718
All Other Expenses$9$10,030-$10,039
Fees for Services Other$9,428--$9,428
Payroll Taxes$9,269--$9,269
Advertising$2,822--$2,822
Information Technology-$2,118-$2,118
Fees for Services Accounting-$950-$950
Insurance-$791-$791
Total Functional Expenses$686,470$35,968$10,718$733,156
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
No
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“Board members review the form 990 at one of the board meetings and vote on approval.”

Form 990, Page 6, Part VI, Line 12C

“Independent board members review and vote on issues that include a potential conflict.”

Form 990, Page 6, Part VI, Line 15A

“Independent board members review comparable market compensations and vote on the compensation for the executive director.”

Form 990, Page 6, Part VI, Line 15B

“Independent board members review comparable market compensations and vote on the compensation for key employees.”

Form 990, Page 6, Part VI, Line 19

“Documents are provided by postal mail or email upon request.”

Filing and Contact Details

Filer

Filer Name
Baptist Women in Ministry Inc
EIN
61-1030103
Phone
4045136022
Address
PO BOX 7458, WACO, TX 76714

Signing Officer

Name
Meredith Stone
Title
Executive Director
Phone
7062952100
Signed
2024-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Meredith Stone
Formed
1991
Voting Board Members
12
Independent Board Members
12
Employees
7

Preparer

Firm
Lisa W Hull CPA
Address
PO BOX 20502, WACO, TX 76702
Preparer
Lisa Hull
Phone
2547234270
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

“Program accomplishments for the 2023-2024 include the following: bwim hosted its 40th anniversary annual gathering in louisville, ky on october 2-4, 2023 with over 200 people in attendance. Bwim continued its programs designed to support women in ministry and introduced a new peer community group program in february 2024. Bwim adapted its addie davis awards into a scholarship program for baptist women attending seminary. Bwim produced a feature documentary, midwives of a movement, which tells the story of the women who boldly challenged baptist patriarchy to start the baptist women in ministry movement. 32 screenings were hosted january - june 2024 and released the film for free streaming on june 10, 2024. Bwim hired two new full-time employees on june 1, 2024 to coordinate programs and initiatives. Bwim was significantly involved in advocacy efforts for the affirmation and support of women in ministry in the southern baptist convention, baptist general association of virginia, general state baptist convention of north carolina, and baptist general convention of texas.”

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PROGRAM ACCOMPLISHMENTS FOR THE 2023-2024 INCLUDE THE FOLLOWING: BWIM HOSTED ITS 40TH ANNIVERSARY ANNUAL GATHERING IN LOUISVILLE, KY ON OCTOBER 2-4, 2023 WITH OVER 200 PEOPLE IN ATTENDANCE. BWIM CONTINUED ITS PROGRAMS DESIGNED TO SUPPORT WOMEN IN MINISTRY AND INTRODUCED A NEW PEER COMMUNITY GROUP PROGRAM IN FEBRUARY 2024. BWIM ADAPTED ITS ADDIE DAVIS AWARDS INTO A SCHOLARSHIP PROGRAM FOR BAPTIST WOMEN ATTENDING SEMINARY. BWIM PRODUCED A FEATURE DOCUMENTARY, MIDWIVES OF A MOVEMENT, WHICH TELLS THE STORY OF THE WOMEN WHO BOLDLY CHALLENGED BAPTIST PATRIARCHY TO START THE BAPTIST WOMEN IN MINISTRY MOVEMENT. 32 SCREENINGS WERE HOSTED JANUARY - JUNE 2024 AND RELEASED THE FILM FOR FREE STREAMING ON JUNE 10, 2024. BWIM HIRED TWO NEW FULL-TIME EMPLOYEES ON JUNE 1, 2024 TO COORDINATE PROGRAMS AND INITIATIVES. BWIM WAS SIGNIFICANTLY INVOLVED IN ADVOCACY EFFORTS FOR THE AFFIRMATION AND SUPPORT OF WOMEN IN MINISTRY IN THE SOUTHERN BAPTIST CONVENTION, BAPTIST GENERAL ASSOCIATION OF VIRGINIA, GENERAL STATE BAPTIST CONVENTION OF NORTH CAROLINA, AND BAPTIST GENERAL CONVENTION OF TEXAS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEMBERS REVIEW THE FORM 990 AT ONE OF THE BOARD MEETINGS AND VOTE ON APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2INDEPENDENT BOARD MEMBERS REVIEW AND VOTE ON ISSUES THAT INCLUDE A POTENTIAL CONFLICT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3INDEPENDENT BOARD MEMBERS REVIEW COMPARABLE MARKET COMPENSATIONS AND VOTE ON THE COMPENSATION FOR THE EXECUTIVE DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4INDEPENDENT BOARD MEMBERS REVIEW COMPARABLE MARKET COMPENSATIONS AND VOTE ON THE COMPENSATION FOR KEY EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DOCUMENTS ARE PROVIDED BY POSTAL MAIL OR EMAIL UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
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ReturnHeader/BuildTS02024-10-15 13:58:12Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0MEREDITH STONE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07062952100
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-11
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ReturnHeader/PreparerPersonGrp/PreparationDt02024-11-11

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