Civic Intelligence

Joy to the World Foundation Inc

990 • Fiscal year 2023 • EIN 72-1551621

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 15, 2024

731 Chapel Hills DrColorado Springs, CO 80920

(719) 260-1173

Siviq Scores

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

Liabilities / Assets

91st percentile

0.92x

Higher debt load relative to assets than 91% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Liabilities / Revenue

91st percentile

2.72x

Higher debt load relative to revenue than 91% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Net Margin

40th percentile

0.6%

Higher net margin than 40% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Top Officer Pay

22nd percentile

$97,986

Higher top officer pay than 22% of similar nonprofits.

Top officer pay equals 1.2% of source-year revenue.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Asset Growth

83rd percentile

27%

Faster asset growth than 83% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Revenue Growth

90th percentile

71%

Faster revenue growth than 90% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Assets

Up

$24,780,455

Up $5,342,289 (+27%) from 2022

Net Assets

Up

$2,103,541

Up $60,811 (+3.0%) from 2022

Liabilities

Up

$22,676,914

Up $5,281,478 (+30%) from 2022

Revenue

Up

$8,336,971

Up $3,462,314 (+71%) from 2022

Expenses

Up

$8,287,786

Up $3,247,001 (+64%) from 2022

Net Income

Up

$49,185

Up $215,313 (+130%) from 2022

Historical Trend

Balance Sheet Trend

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

$150M$100M$50M$0Assets 2010: $718,005Liabilities 2010: $0Net Assets 2010: $718,0052010Assets 2011: $967,541Liabilities 2011: $0Net Assets 2011: $967,5412011Assets 2012: $2,168,572Liabilities 2012: $0Net Assets 2012: $2,168,5722012Assets 2013: $2,390,184Liabilities 2013: $0Net Assets 2013: $2,390,1842013Assets 2014: $6,030,614Liabilities 2014: $2,749,206Net Assets 2014: $3,281,4082014Assets 2015: $4,285,599Liabilities 2015: $1,336,432Net Assets 2015: $2,949,1672015Assets 2016: $5,860,279Liabilities 2016: $2,386,084Net Assets 2016: $3,474,1952016Assets 2017: $20,271,055Liabilities 2017: $15,894,214Net Assets 2017: $4,376,8412017Assets 2018: $14,072,559Liabilities 2018: $9,213,538Net Assets 2018: $4,859,0212018Assets 2019: $15,538,570Liabilities 2019: $14,569,645Net Assets 2019: $968,9252019Assets 2020: $16,765,861Liabilities 2020: $15,236,840Net Assets 2020: $1,529,0212020Assets 2021: $19,682,188Liabilities 2021: $17,455,661Net Assets 2021: $2,226,5272021Assets 2022: $19,438,166Liabilities 2022: $17,395,436Net Assets 2022: $2,042,7302022Assets 2023: $24,780,455Liabilities 2023: $22,676,914Net Assets 2023: $2,103,5412023Assets 2024: $109,139,283Liabilities 2024: $107,159,293Net Assets 2024: $1,979,9902024

Highlighted filing

2023

Assets$24,780,455
Liabilities$22,676,914
Net Assets$2,103,541

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2010: $864,6922010Expenses 2011: $1,016,7252011Expenses 2012: $1,773,5882012Revenue 2013: $2,750,880Expenses 2013: $2,515,647Net Income 2013: $235,2332013Revenue 2014: $6,159,797Expenses 2014: $5,218,167Net Income 2014: $941,6302014Revenue 2015: $4,510,942Expenses 2015: $4,819,849Net Income 2015: -$308,9072015Revenue 2016: $5,362,578Expenses 2016: $4,832,982Net Income 2016: $529,5962016Revenue 2017: $7,468,624Expenses 2017: $6,678,064Net Income 2017: $790,5602017Revenue 2018: $8,047,287Expenses 2018: $7,599,349Net Income 2018: $447,9382018Revenue 2019: $4,579,132Expenses 2019: $8,608,992Net Income 2019: -$4,029,8602019Revenue 2020: $3,705,648Expenses 2020: $3,148,920Net Income 2020: $556,7282020Revenue 2021: $4,242,361Expenses 2021: $3,540,531Net Income 2021: $701,8302021Revenue 2022: $4,874,657Expenses 2022: $5,040,785Net Income 2022: -$166,1282022Revenue 2023: $8,336,971Expenses 2023: $8,287,786Net Income 2023: $49,1852023Revenue 2024: $4,345,161Expenses 2024: $4,480,233Net Income 2024: -$135,0722024

Highlighted filing

2023

Revenue$8,336,971
Expenses$8,287,786
Net Income$49,185
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 15, 2024
Return Version
2023v5.1
Gross Receipts
$8,893,734
Mission and Program Overview

Mission

Individuals, who have been blessed financially, can accomplish their charitable objectives in the areas of religious, scientific, health, education and benevolence through the foundation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$1,084,210$1,025,373▼ $58,837
Investments in Publicly Traded Securities$614,370$457,601▼ $156,769
Cash and Non-Interest-Bearing Accounts-$332,538-
Investments Other Securities$406,651$204,104▼ $202,547
Savings and Temporary Cash Investments$20,100$73,871▲ $53,771
Prepaid Expenses and Deferred Charges$25,236$22,045▼ $3,191
Total Assets$19,438,166$24,780,455▲ $5,342,289
Other Assets Total$17,287,599$22,664,923▲ $5,377,324
Liabilities
Escrow Account Liability$17,135,623$22,495,049▲ $5,359,426
Other Liabilities$241,769$169,874▼ $71,895
Accounts Payable and Accrued Expenses$18,044$11,991▼ $6,053
Total Liabilities$17,395,436$22,676,914▲ $5,281,478
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,626,061$1,962,769▲ $336,708
Net Assets Without Donor Restrictions$416,669$140,772▼ $275,897
Total Net Assets Fund Balance$2,042,730$2,103,541▲ $60,811
Total Liabilities and Net Assets / Fund Balance$19,438,166$24,780,455▲ $5,342,289

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$169,173--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Chris StroupSecretaryFT$97,986$97,986
V William MoritzBoard PresidentPT$60,000$60,000
Chris RosenhahnSecretary/treasurerPT$12,000$12,000

Board Members and Trustees

NameTitle
Everett a WaltersDirector
Jay HaddixDirector
Joni StillDirector
Kim TakkunenDirector
Richard HaynieDirector
Steve MerrimanDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$7,961,566
Program Service Revenue
$288,638
Investment Income
$86,767
Other Revenue
$0
All Other Contributions
$7,961,566
Change in Net Assets
$49,185

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Real Estate Residential1$84,000
Securities Publicly Traded1$1,852
Total Noncash Contributions2$85,852

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,336,971
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$141,826
Total Revenue per Audited Statements
$8,478,797
Total Revenue per Form 990
$8,336,971
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$7,961,403
Salaries, Compensation, and Employee Benefits$302,317
Grants and Similar Amounts Paid$24,066
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$21,600$148,386-$169,986
Other Salaries and Wages$58,490--$58,490
Other Employee Benefits$16,304$38,041-$54,345
Fees for Services Legal$13,145$30,673-$43,818
Information Technology$11,725$27,358-$39,083
Other Expenses$22,302$38,490-$38,490
All Other Expenses$9,539$22,260-$31,799
Foreign Grants$24,066--$24,066
Occupancy$6,214$14,499-$20,713
Pension Plan Contributions$3,600$8,400-$12,000
Travel$2,738$6,388-$9,126
Payroll Taxes$2,249$5,247-$7,496
Office Expenses$1,863$4,347-$6,210
Total Functional Expenses$7,891,659$396,127$0$8,287,786

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$8,417,986
Expenses per Audited Statements$8,287,786
Total Expenses per Form 990$8,287,786
Expenses Not Reported on Form 990$130,200
Expenses Not Reported on Financial Statements$0
International Activity

International Summary

Offices
0
Employees
0
Spending
$24,066

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

International Activities

RegionActivityServicesOfficesEmployeesSpending
East Asia and the PacificProgram ServicesGeneral Support0-$24,066
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Compensation$169,173
Liability Under Crut$701
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

New horizons foundation, inc. Serves as the management company of joy tothe world foundation.

Form 990, Part VI, Section A, Line 8B

The foundation does not have committees with authority to act on behalf ofthe governing body.

Form 990, Part VI, Section B, Line 11B

The form 990 is reviewed by the board of the foundation prior to filing.

Form 990, Part VI, Section B, Line 12C

The foundation annually reviews disclosure forms which board membersand employees are required to complete. Any potential conflicts ofinterest are dicussed and resolved by the board of directors.

Form 990, Part VI, Section B, Line 15

Compensation is established by consensus of the board of directors afterreviewing compensation comparability data and is documented on thecompensation approval and executive salary review forms.compensation is established by consensus of the board of directors afterreviewing compensation comparability data and is documented on thecompensation approval and executive salary review forms.

Form 990, Part VI, Section C, Line 19

Governing documents, conflict of interest policy and financial statements are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Joy to the World Foundation
EIN
72-1551621
Phone
7192601173
Address
731 CHAPEL HILLS DR, COLORADO SPRINGS, CO 80920

Signing Officer

Name
Jay Haddix
Title
CEO
Phone
7192601173
Signed
2024-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jay Haddix
Formed
2003
Legal Domicile
Co
Voting Board Members
9
Independent Board Members
6
Employees
2
Volunteers
50

Preparer

Firm
Cbiz Ebk
Address
90 S CASCADE AVE STE 200, COLORADO SPRINGS, CO 80903
Preparer
Mitchell Downs CPA
Phone
7195310445
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The process did not change from prior year.

Financial Statement Notes

PART IV, LINE 2B:

The foundation is the trustee of deferred compensation trusts. Each of which provides deferred compensation for a minister and their beneficiaries after retirement. The trusts funds are kept in the custody of the foundation. The foundation acts as an agent on behalf of the churches funding the trusts and the ministers and their beneficiaries. The foundation records the trust funds as an asset along with a corresponding liaiblity.

PART X, LINE 2:

The foundation is exempt, under section 501(c)(3) of the internal revenue code, from tax on income derived from donations, income generated by activities carried on in furtherance of its exempt purpose and certain other specified income and, in addition, is qualified to receive tax deductible contributions. Management believes that based on evaluation of its tax position, any liability as a result of uncertain tax positions would not be material. Management continually evaluates expiring statutes of limitations, changes in the tax laws, and new authoritative rulings to assist in evaluating its tax position.

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IRS990/OccupancyGrp/ManagementAndGeneralAmt014499
IRS990/OccupancyGrp/ProgramServicesAmt06214
IRS990/OccupancyGrp/TotalAmt020713
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04347
IRS990/OfficeExpensesGrp/ProgramServicesAmt01863
IRS990/OfficeExpensesGrp/TotalAmt06210
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt017287599
IRS990/OtherAssetsTotalGrp/EOYAmt022664923
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt038041
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt016304
IRS990/OtherEmployeeBenefitsGrp/TotalAmt054345
IRS990/OtherExpensesGrp/Desc0DONOR ADVISED FUND DISB
IRS990/OtherExpensesGrp/Desc1PROJECT DISBURSEMENTS
IRS990/OtherExpensesGrp/Desc2CONSULTING
IRS990/OtherExpensesGrp/Desc3MINISTER HOUSING
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt052038
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt138490
IRS990/OtherExpensesGrp/ProgramServicesAmt03971312
IRS990/OtherExpensesGrp/ProgramServicesAmt13726512
IRS990/OtherExpensesGrp/ProgramServicesAmt222302
IRS990/OtherExpensesGrp/TotalAmt03971312
IRS990/OtherExpensesGrp/TotalAmt13726512
IRS990/OtherExpensesGrp/TotalAmt274340
IRS990/OtherExpensesGrp/TotalAmt338490
IRS990/OtherLiabilitiesGrp/BOYAmt0241769
IRS990/OtherLiabilitiesGrp/EOYAmt0169874
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt058490
IRS990/OtherSalariesAndWagesGrp/TotalAmt058490
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt01084210
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt01025373
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05247
IRS990/PayrollTaxesGrp/ProgramServicesAmt02249
IRS990/PayrollTaxesGrp/TotalAmt07496
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt08400
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt03600
IRS990/PensionPlanContributionsGrp/TotalAmt012000
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt025236
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt022045
IRS990/PrincipalOfficerNm0JAY HADDIX
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0525920
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0288638
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0288638
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt04574419
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt025846
IRS990/PYInvestmentIncomeAmt0657
IRS990/PYOtherExpensesAmt04694681
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0299581
IRS990/PYRevenuesLessExpensesAmt0-166128
IRS990/PYSalariesCompEmpBnftPaidAmt0320258
IRS990/PYTotalExpensesAmt05040785
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04874657
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt049185
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0288638
IRS990/SavingsAndTempCashInvstGrp/BOYAmt020100
IRS990/SavingsAndTempCashInvstGrp/EOYAmt073871
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt07961566
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt04574419
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt03314455
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt02781724
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt03115606
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt021747770
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt089846
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt055449
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt083991
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt047233
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0118236
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0394755
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01380639
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.98220
IRS990ScheduleA/PublicSupportPY170Pct00.96940
IRS990ScheduleA/PublicSupportTotal170Amt021747770
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt07961566
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt04574419
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt03314455
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt02781724
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt03115606
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt021747770
IRS990ScheduleA/TotalSupportAmt022142525
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/DisclosedForCharitablePrpsInd01
IRS990ScheduleD/DisclosedOrgLegCtrlInd01
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0130200
IRS990ScheduleD/DonatedServicesUseFcltsAmt0130200
IRS990ScheduleD/DonorAdvisedFundsContriAmt03980025
IRS990ScheduleD/DonorAdvisedFundsGrantsAmt03980025
IRS990ScheduleD/DonorAdvisedFundsHeldCnt01
IRS990ScheduleD/DonorAdvisedFundsVlEOYAmt04214
IRS990ScheduleD/ExpensesNotReportedAmt0130200
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt08287786
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/NetUnrealizedGainsInvstAmt011626
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0701
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt122495049
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2169173
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0ASSETS HELD IN CRUT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1ASSETS HELD IN DEFERRED COMP TRUST
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2DEFERRED COMPENSATION PLAN
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0701
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1169173
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LIABILITY UNDER CRUT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEFERRED COMPENSATION
IRS990ScheduleD/RevenueNotReportedAmt0141826
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt08336971
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION IS THE TRUSTEE OF DEFERRED COMPENSATION TRUSTS. EACH OF WHICH PROVIDES DEFERRED COMPENSATION FOR A MINISTER AND THEIR BENEFICIARIES AFTER RETIREMENT. THE TRUSTS FUNDS ARE KEPT IN THE CUSTODY OF THE FOUNDATION. THE FOUNDATION ACTS AS AN AGENT ON BEHALF OF THE CHURCHES FUNDING THE TRUSTS AND THE MINISTERS AND THEIR BENEFICIARIES. THE FOUNDATION RECORDS THE TRUST FUNDS AS AN ASSET ALONG WITH A CORRESPONDING LIAIBLITY.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE FOUNDATION IS EXEMPT, UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, FROM TAX ON INCOME DERIVED FROM DONATIONS, INCOME GENERATED BY ACTIVITIES CARRIED ON IN FURTHERANCE OF ITS EXEMPT PURPOSE AND CERTAIN OTHER SPECIFIED INCOME AND, IN ADDITION, IS QUALIFIED TO RECEIVE TAX DEDUCTIBLE CONTRIBUTIONS. MANAGEMENT BELIEVES THAT BASED ON EVALUATION OF ITS TAX POSITION, ANY LIABILITY AS A RESULT OF UNCERTAIN TAX POSITIONS WOULD NOT BE MATERIAL. MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, CHANGES IN THE TAX LAWS, AND NEW AUTHORITATIVE RULINGS TO ASSIST IN EVALUATING ITS TAX POSITION.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt022664923
IRS990ScheduleD/TotalExpensesPerForm990Amt08287786
IRS990ScheduleD/TotalLiabilityAmt0169874
IRS990ScheduleD/TotalRevenuePerForm990Amt08336971
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt08478797
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt08417986
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt024066
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0EAST ASIA AND THE PACIFIC
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0GENERAL SUPPORT
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0PROGRAM SERVICES
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinuationTotalEmployeeCnt00
IRS990ScheduleF/ContinuationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/GrantRecordsMaintainedInd00
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt024066
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt0WIRE
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt00
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0GENERAL SUPPORT AND THE PACIFIC
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt0EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA,
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SubtotalEmployeesCnt00
IRS990ScheduleF/SubtotalOfficesCnt00
IRS990ScheduleF/SubtotalSpentAmt024066
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS. THE TERM GRANT AS DEFINED BY THE FOUNDATION, MEANS A DISBURSEMENT OF FUNDS FOR APPROVED CHARITABLE EXPENSES AND SUPPORT TO HELP FURTHER THE PURPOSE OF THE FOUNDATION. THE TERM DOES NOT REFER TO GRANT AS DEFINED BY THE IRS FOR PRIVATE FOUNDATION. ANNUALLY PROJECT MANAGERS SUBMIT TO THE BOARD A RECONCILIATION OF BUDGETED AND ACTUAL EXPENDITURES PLUS DOCUMENTS TO SUPPORT EXPENDITURES MADE BY THE PROJECTS WITH GRANT DONATION DOLLARS TO ENSURE EXPENDITURES FURTHER THE FOUNDATION'S MISSION AND CHARITABLE OBJECTIVES.
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt1REGION EAST ASIA AND THE PACIFIC TOTAL EXPENDITURES: $25,846
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2-PROCEEDURES FOR MONITORING THE USE OF GRANT FUNDS
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc1PART I, LINE 3-ACTIVITIES PER REGION
IRS990ScheduleF/TotalEmployeeCnt00
IRS990ScheduleF/TotalOfficeCnt00
IRS990ScheduleF/TotalSpentAmt024066
IRS990ScheduleF/TransferToForeignCorpInd00
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/RealEstateResidentialGrp/ContributionCnt01
IRS990ScheduleM/RealEstateResidentialGrp/NonCashCheckboxInd0X

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$109$107$1.98$4.35$4.48$0.14
2023Detailed filing. Detailed filing data is available for this year.$24.8$22.7$2.10$8.34$8.29$0.05
2022Detailed filing. Detailed filing data is available for this year.$19.4$17.4$2.04$4.87$5.04$0.17
2021Detailed filing. Detailed filing data is available for this year.$19.7$17.5$2.23$4.24$3.54$0.70
2020Detailed filing. Detailed filing data is available for this year.$16.8$15.2$1.53$3.71$3.15$0.56
2019Detailed filing. Detailed filing data is available for this year.$15.5$14.6$0.97$4.58$8.61$4.03
2018Detailed filing. Detailed filing data is available for this year.$14.1$9.21$4.86$8.05$7.60$0.45
2017Detailed filing. Detailed filing data is available for this year.$20.3$15.9$4.38$7.47$6.68$0.79
2016Detailed filing. Detailed filing data is available for this year.$5.86$2.39$3.47$5.36$4.83$0.53
2015Detailed filing. Detailed filing data is available for this year.$4.29$1.34$2.95$4.51$4.82$0.31
2014Detailed filing. Detailed filing data is available for this year.$6.03$2.75$3.28$6.16$5.22$0.94
2013Detailed filing. Detailed filing data is available for this year.$2.39$0.00$2.39$2.75$2.52$0.24
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.17$0.00$2.17$1.77
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.97$0.00$0.97$1.02
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.72$0.00$0.72$0.86