Civic Intelligence

Founders Ministries Inc.

990EZ • Fiscal year 2016 • EIN 65-0243661

Jan 01, 2016 to Dec 31, 2016 • Filed on Jul 11, 2017

Organization Profilewww.founders.org
P O Box 150931Cape Coral, FL 33915

(239) 772-1400

Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

Higher debt load relative to assets than 60% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

62nd percentile

0.01x

Higher debt load relative to revenue than 62% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

14th percentile

-25%

Higher net margin than 14% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

94th percentile

$57,607

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 41.0% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

26th percentile

-13%

Faster asset growth than 26% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

50th percentile

0.8%

Faster revenue growth than 50% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets60th percentile

Assets

Down

$225,225

Down $33,243 (-13%) from 2015

Net Assets

Down

$224,139

Down $33,243 (-13%) from 2015

Liabilities

Flat

$1,086

Flat from 2015

Revenue And Expenses
Liabilities / Revenue62nd percentileNet Margin14th percentile

Revenue

Up

$140,379

Up $1,126 (+0.8%) from 2015

Expenses

Up

$175,827

Up $53,139 (+43%) from 2015

Net Income

Down

-$35,448

Down $52,013 (-314%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth26th percentile

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $301,617Net Assets 2010: $301,6172010Assets 2011: $347,796Liabilities 2011: $0Net Assets 2011: $347,7962011Assets 2012: $290,926Liabilities 2012: $1,244Net Assets 2012: $289,6822012Assets 2013: $278,778Liabilities 2013: $1,372Net Assets 2013: $277,4062013Assets 2014: $247,461Liabilities 2014: $1,132Net Assets 2014: $246,3292014Assets 2015: $258,468Liabilities 2015: $1,086Net Assets 2015: $257,3822015Assets 2016: $225,225Liabilities 2016: $1,086Net Assets 2016: $224,1392016Assets 2017: $270,859Liabilities 2017: $663Net Assets 2017: $270,1962017Assets 2018: $304,632Liabilities 2018: $663Net Assets 2018: $303,9692018Assets 2019: $342,810Liabilities 2019: $1,768Net Assets 2019: $341,0422019Assets 2020: $935,237Liabilities 2020: $1,904Net Assets 2020: $933,3332020Assets 2021: $1,307,068Liabilities 2021: $2,554Net Assets 2021: $1,304,5142021Assets 2022: $1,590,726Liabilities 2022: $53,371Net Assets 2022: $1,537,3552022Assets 2023: $1,856,528Liabilities 2023: $67,406Net Assets 2023: $1,789,1222023Assets 2024: $1,269,573Liabilities 2024: $52,313Net Assets 2024: $1,217,2602024

Highlighted filing

2016

Assets$225,225
Liabilities$1,086
Net Assets$224,139
Open 2016 Filing

Operations Trend

Revenue Growth50th percentile

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

$2.0M$1.0M$0-$1.0MRevenue 2010: $198,395Expenses 2010: $169,563Net Income 2010: $28,8322010Revenue 2011: $256,064Expenses 2011: $206,518Net Income 2011: $49,5462011Revenue 2012: $210,751Expenses 2012: $274,960Net Income 2012: -$64,2092012Revenue 2013: $183,759Expenses 2013: $206,621Net Income 2013: -$22,8622013Revenue 2014: $146,791Expenses 2014: $176,118Net Income 2014: -$29,3272014Revenue 2015: $139,253Expenses 2015: $122,688Net Income 2015: $16,5652015Revenue 2016: $140,379Expenses 2016: $175,827Net Income 2016: -$35,4482016Revenue 2017: $233,821Expenses 2017: $192,829Net Income 2017: $40,9922017Revenue 2018: $194,702Expenses 2018: $152,857Net Income 2018: $41,8452018Revenue 2019: $371,637Expenses 2019: $344,488Net Income 2019: $27,1492019Revenue 2020: $1,011,068Expenses 2020: $425,703Net Income 2020: $585,3652020Revenue 2021: $1,390,834Expenses 2021: $1,027,192Net Income 2021: $363,6422021Revenue 2022: $1,432,586Expenses 2022: $1,130,889Net Income 2022: $301,6972022Revenue 2023: $1,703,071Expenses 2023: $1,445,898Net Income 2023: $257,1732023Revenue 2024: $1,376,521Expenses 2024: $1,955,645Net Income 2024: -$579,1242024

Highlighted filing

2016

Revenue$140,379
Expenses$175,827
Net Income-$35,448
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jul 11, 2017
Return Version
2016v3.0
Gross Receipts
$161,789
Mission and Program Overview

Mission

Proclaim the Gospel of Jesus Christ through a ministry of teaching and encouragement promoting both doctrine and devotion expressed in the Doctrines of Grace and their experiential application to the local church, particularly in the areas of worship and witness.

Program Services

DescriptionGrantsExpenses
Founders publications sold on subscription basis and direct sales of book & DVDs.$80,118-
Study Center provided courses, resources, and training materials for those in ministry or pursuing the ministry of the gospel. Four courses were offered with 92 registrants.$659-
Church Planting. Consulting with pastors, church planters, and business leaders.--
National Conference - presentation of biblical, theological and historical talks with approximately 200 in attendance.--
Compensation and Service Providers
Top Officer Pay94th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ken PulsEditorial DirectorFT$57,607-$57,607
Thomas K AscolPresidentFT$18,000-$18,000
Barbara ReisingerAdmin. AsstFT$15,120-$15,120
Jared LongshoreDirector-$0--
Tom HicksDirector-$0--
Thomas J NettlesVice President-$0--
Fred MaloneDirector-$0--
Jon English LeeDirector-$0--
Phil NewtonSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Founders Ministries Inc
EIN
65-0243661
Phone
2397721400
Address
P O Box 150931, Cape Coral, FL 33915

Signing Officer

Name
Fred Malone
Title
Officer
Signed
2017-07-11
Discuss with paid preparer
Yes

Preparer

Firm
Ed Slovacek CPA Pllc
Address
1716 BRIARCREST DR STE 120, BRYAN, TX 77802-2700
Preparer
Ed Slovacek CPA
Phone
9798464667
Supplemental Narrative

Additional Explanations

Other Expenses.1001

“Advertising and Promotion $1105”

Other Expenses.1003

“Information Technology $31290”

Other Expenses.1005

“Travel $2630”

Other Expenses.1009

“Depreciation $3441”

Other Expenses.2

“Internet $1062”

Other Expenses.3

“Miscellaneous $674”

Other Expenses.5

“Supplies $297”

Other Expenses.6

“Bank Charges $38”

Other Assets.1004

“Miscellaneous - Beginning $230 Miscellaneous - Ending $230”

Total Liabilities.1001

“Accounts Payable and Accrued Expenses - Beginning $1086 Accounts Payable and Accrued Expenses - Ending $1086”

Raw XML Appendix221 raw XML fields

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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Secretary
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $1105
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Information Technology $31290
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Travel $2630
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Depreciation $3441
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Internet $1062
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Miscellaneous $674
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Assets.1004
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Total Liabilities.1001
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Fred Malone
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Officer
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-07-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Founders Ministries Inc
ReturnHeader/Filer/BusinessNameControlTxt0FOUN
ReturnHeader/Filer/EIN0650243661
ReturnHeader/Filer/PhoneNum02397721400
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O Box 150931
ReturnHeader/Filer/USAddress/CityNm0Cape Coral
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033915
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ED SLOVACEK CPA PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01716 BRIARCREST DR STE 120
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BRYAN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0778022700
ReturnHeader/PreparerPersonGrp/PhoneNum09798464667
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Ed Slovacek CPA
ReturnHeader/ReturnTs02017-07-12T09:40:01-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$225,225
Liabilities
$1,086
Net assets
$224,139
Revenue
$140,379
Expenses
$175,827
Net income
-$35,448
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.27$0.05$1.22$1.38$1.96$0.58
2023Summary only. Only limited summary data is available for this year.$1.86$0.07$1.79$1.70$1.45$0.26
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.59$0.05$1.54$1.43$1.13$0.30
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.31$0.00$1.30$1.39$1.03$0.36
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.94$0.00$0.93$1.01$0.43$0.59
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.34$0.00$0.34$0.37$0.34$0.03
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.30$0.00$0.30$0.19$0.15$0.04
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.27$0.00$0.27$0.23$0.19$0.04
2016Detailed filing. Detailed filing data is available for this year.$0.23$0.00$0.22$0.14$0.18$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.26$0.00$0.26$0.14$0.12$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.25$0.00$0.25$0.15$0.18$0.03
2013Detailed filing. Detailed filing data is available for this year.$0.28$0.00$0.28$0.18$0.21$0.02
2012Summary only. Only limited summary data is available for this year.$0.29$0.00$0.29$0.21$0.27$0.06
2011Summary only. Only limited summary data is available for this year.$0.35$0.00$0.35$0.26$0.21$0.05
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.30$0.30$0.20$0.17$0.03