Civic Intelligence

Missions Resource Network

990 • Fiscal year 2022 • EIN 75-2766086

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 14, 2023

1901 Central Drive Suite 120Bedford, TX 76021

(817) 267-2727

Siviq Scores

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

Liabilities / Assets

59th percentile

0.11x

Higher debt load relative to assets than 59% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

66th percentile

0.20x

Higher debt load relative to revenue than 66% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

61st percentile

13%

Higher net margin than 61% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

87th percentile

$170,512

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 7.4% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

21st percentile

-8.8%

Faster asset growth than 21% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

58th percentile

12%

Faster revenue growth than 58% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Down

$4,176,971

Down $403,910 (-8.8%) from 2021

Net Assets

Down

$3,705,824

Down $268,562 (-6.8%) from 2021

Liabilities

Down

$471,147

Down $135,348 (-22%) from 2021

Revenue

Up

$2,309,125

Up $245,494 (+12%) from 2021

Expenses

Up

$2,013,387

Up $348,057 (+21%) from 2021

Net Income

Down

$295,738

Down $102,563 (-26%) from 2021

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $1,314,334Liabilities 2010: $11,433Net Assets 2010: $1,302,9012010Assets 2011: $1,280,710Liabilities 2011: $99,023Net Assets 2011: $1,181,6872011Assets 2012: $1,243,849Liabilities 2012: $67,952Net Assets 2012: $1,175,8972012Assets 2013: $1,515,789Liabilities 2013: $86,961Net Assets 2013: $1,428,8282013Assets 2014: $1,526,313Liabilities 2014: $63,451Net Assets 2014: $1,462,8622014Assets 2015: $1,444,158Liabilities 2015: $88,938Net Assets 2015: $1,355,2202015Assets 2016: $1,624,883Liabilities 2016: $3,925Net Assets 2016: $1,620,9582016Assets 2017: $2,949,654Liabilities 2017: $2,599Net Assets 2017: $2,947,0552017Assets 2018: $2,613,767Liabilities 2018: $5,979Net Assets 2018: $2,607,7882018Assets 2019: $3,012,223Liabilities 2019: $5,958Net Assets 2019: $3,006,2652019Assets 2020: $3,700,779Liabilities 2020: $124,694Net Assets 2020: $3,576,0852020Assets 2021: $4,580,881Liabilities 2021: $606,495Net Assets 2021: $3,974,3862021Assets 2022: $4,176,971Liabilities 2022: $471,147Net Assets 2022: $3,705,8242022Assets 2023: $4,245,889Liabilities 2023: $447,597Net Assets 2023: $3,798,2922023Assets 2024: $4,623,064Liabilities 2024: $412,674Net Assets 2024: $4,210,3902024

Highlighted filing

2022

Assets$4,176,971
Liabilities$471,147
Net Assets$3,705,824

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2010: $1,448,227Expenses 2010: $1,257,792Net Income 2010: $190,4352010Revenue 2011: $1,202,493Expenses 2011: $1,323,707Net Income 2011: -$121,2142011Revenue 2012: $1,327,529Expenses 2012: $1,333,319Net Income 2012: -$5,7902012Revenue 2013: $1,461,619Expenses 2013: $1,208,688Net Income 2013: $252,9312013Revenue 2014: $1,240,308Expenses 2014: $1,206,274Net Income 2014: $34,0342014Revenue 2015: $1,222,446Expenses 2015: $1,330,088Net Income 2015: -$107,6422015Revenue 2016: $1,553,508Expenses 2016: $1,367,770Net Income 2016: $185,7382016Revenue 2017: $2,739,531Expenses 2017: $1,413,434Net Income 2017: $1,326,0972017Revenue 2018: $1,236,376Expenses 2018: $1,575,643Net Income 2018: -$339,2672018Revenue 2019: $1,929,408Expenses 2019: $1,530,931Net Income 2019: $398,4772019Revenue 2020: $1,891,403Expenses 2020: $1,321,583Net Income 2020: $569,8202020Revenue 2021: $2,063,631Expenses 2021: $1,665,330Net Income 2021: $398,3012021Revenue 2022: $2,309,125Expenses 2022: $2,013,387Net Income 2022: $295,7382022Revenue 2023: $1,984,613Expenses 2023: $2,199,451Net Income 2023: -$214,8382023Revenue 2024: $2,837,573Expenses 2024: $2,234,254Net Income 2024: $603,3192024

Highlighted filing

2022

Revenue$2,309,125
Expenses$2,013,387
Net Income$295,738
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 14, 2023
Return Version
2022v5.0
Gross Receipts
$2,591,885
Mission and Program Overview

Mission

It is the organization's mission to provide services and resources that can be accessed by local churches and missionaries in their efforts to teach and spread the gospel of jesus christ.

To connect and equip existing ministries and churches to expand their impact through training, networking, coaching, and care. This prepares and cares for workers who serve people of muslim, hindu and buddhist background

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,640,997$2,174,373▼ $466,624
Cash and Non-Interest-Bearing Accounts$1,308,135$1,055,534▼ $252,601
Savings and Temporary Cash Investments-$420,903-
Prepaid Expenses and Deferred Charges$13,296$66,180▲ $52,884
Land, Buildings, and Equipment, Net$22,573$18,948▼ $3,625
Total Assets$4,580,881$4,176,971▼ $403,910
Other Assets Total$595,880$441,033▼ $154,847
Liabilities
Other Liabilities$595,880$441,033▼ $154,847
Accounts Payable and Accrued Expenses$10,615$30,114▲ $19,499
Total Liabilities$606,495$471,147▼ $135,348
Net Assets / Fund Balance
Net Assets With Donor Restrictions$2,640,997$2,174,373▼ $466,624
Net Assets Without Donor Restrictions$1,333,389$1,531,451▲ $198,062
Total Net Assets Fund Balance$3,974,386$3,705,824▼ $268,562
Total Liabilities and Net Assets / Fund Balance$4,580,881$4,176,971▼ $403,910

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$16,513$73,743$90,256
Leasehold Improvements$2,435$880$3,315
Other Assets Org$441,033--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$2,640,997-▼ $350,595$-116,029$2,174,373
2021$2,431,517-▲ $319,627$-110,147$2,640,997
2020$2,319,740-▲ $222,494$-110,717$2,431,517
2019$2,027,190-▲ $403,131$-110,581$2,319,740
2018$2,287,766-▼ $137,112$-123,464$2,027,190
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Terry Dan BouchelleExec. DirectFT$72,628$97,884$170,512
Terry Dan BouchelleExec. Director, Pres-$72,628$97,884$170,512

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$2,044,366
Program Service Revenue
$24,510
Investment Income
$240,685
Other Revenue
$-436
All Other Contributions
$1,985,880
Change in Net Assets
$295,738

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,294,565
Revenue Not Reported on Financial Statements
$14,560
Revenue Not Reported on Form 990
$-524,363
Total Revenue per Audited Statements
$1,770,202
Total Revenue per Form 990
$2,309,125
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,325,138
Other Expenses$590,153
Total Fundraising Expense$121,418
Grants and Similar Amounts Paid$98,096
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$601,420$258,318$122,058$981,796
Current Officers, Directors, Trustees, and Key Employees$103,841$19,779$46,893$170,513
Other Employee Benefits$54,824$26,141$8,961$89,926
Conferences and Meetings$47,919$20,165$16,170$84,254
Foreign Grants$81,659--$81,659
Occupancy-$81,598-$81,598
Pension Plan Contributions$42,545$14,753$9,098$66,396
Travel$56,548$481$4,629$61,658
Fees for Services Other$39,918$9,312-$49,230
Advertising$262$3,890$30,677$34,829
Office Expenses$2,218$29,502$2,320$34,040
Payroll Taxes$226$3,996$12,285$16,507
Grants to Domestic Orgs$16,437--$16,437
Fees for Services Accounting-$15,472-$15,472
Other Expenses$319$532$13,190$14,041
All Other Expenses$410,062$-252,331$-149,226$8,505
Information Technology-$5,202$2,459$7,661
Insurance-$7,508-$7,508
Depreciation Depletion-$5,044-$5,044
Total Functional Expenses$1,615,915$276,054$121,418$2,013,387

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,038,764
Total Expenses per Form 990$2,013,387
Expenses per Audited Statements$1,998,827
Expenses Not Reported on Form 990$39,937
Expenses Not Reported on Financial Statements$14,560
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Grace Crossing ChurchConroe, TX501c3Missionary Support$8,493
Church of Christ - 10th and BroadWichita Falls, TX501c3Missionary Support$7,944

International Summary

Employees
3
Spending
$81,659

International Compliance

Foreign grant records maintained
Yes
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
Central America & CaribbeanRelocation, SupportInitiate-3$81,659
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$39,936
Fundraising Gross Income$39,500
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Benefit$97,986$39,500$1,581$37,919
Total Events$97,986$39,500$39,936$-436
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liabilities$441,033
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
No
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

The form 990 is prepared by a cpa who is experienced with non-profit organizations. A draft is sent to the members of the board, allowing time for their review; during this time questions can be raised with the preparer. Once all questions have been answered, and any necessary changes have been made, the form 990 is e-filed. When the 990 has been accepted, a copy of the acceptance and final return are sent to the board.

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

When the ceo was hired, his salary was determined based on comparable salaries. He has an annual review with the board each year to determine his salary for the following year.

Form 990, Page 6, Part VI, Line 19

Governing documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Missions Resource Network
EIN
75-2766086
Phone
8172672727
Address
1901 CENTRAL DRIVE SUITE 120, BEDFORD, TX 76021

Signing Officer

Name
Terry Dan Bouchelle
Title
Exec. Director, Pres
Phone
8172672727
Signed
2023-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Terry Dan Bouchelle
Formed
1998
Legal Domicile
TX
Voting Board Members
16
Independent Board Members
16
Employees
15
Volunteers
25

Preparer

Firm
Ratliff & Associates Pc
Address
2501 PARKVIEW DR STE 205, FORT WORTH, TX 76102
Preparer
Cynthia a Cox
Phone
8173323222
Supplemental Narrative

Additional Explanations

Form 990

Part ix - expenses each quarter, expenses in the admin and development classes are compiled. These totals are then distributed by journal entry, using percentages, to more truly show the impact of these expenses on the programs, management and general, and fundraising expenses of mrn.

Form 990, Page 1, Part I, Line 6

Volunteers assist with the set-up and tear-down of the annual benefit dinner. The volunteer members of the board provide leadership and support for the operations of missions resource network.

Form 990, Part III

Initiatives, continued. Bengal initiative - in bengal, mrn has identified 3 partner organizations (flint global, pioneer bible translators, agape asia), 3 couples are in training pipeline. An additional 40 people of peace have been identified, 17 unreached people groups (upgs) are being contacted, and there are 135 new discovery bible study groups. A total of 58 new churches have been planted, 239 baptisms were celebrated, and 5 businesses are being sustained by movement leaders with the aid of flint global, which was networked to paresh through mrn. Mrn has identified 6 areas from which they can measure and gauge receptivity in the region. The organization wrote a white paper on partnerships in client/patron cultures and has created a 3-month bengal hub training program for 2023. Mediterranean rim initiative - in the mediterranean rim, mrn assists 7 teams across 4 countries. Another 7 people, from 4 families are in pre- launch stage. During 2022, there are disciples in at least 15 cities in over 9 countries. 221 baptisms were celebrated, 25 house churches were started, and over 40 groups were started (multiplying disciples to the 3rd generation). Atlantic bridge initiative (abi) - during 2022, 3 african american preachers traveled to 2 african countries (south africa and rwanda). These preachers assisted 4 churches with church equipping and connections. In addition, 22 preachers are in conversation with mrn about participating in abi and, further, 12 african american churches are involved in some level of networking with mrn. Empower, continued prayer coordination - during 2022, hundreds of people read mrn's monthly prayer articles on its website. In addition, two prayer challenges were held during 2022. 862 people joined the ramadan prayer challenge and another 102 joined the first diwali prayer challenge.

Form 990, Part XI, Line 9

Fundraiser expenses 39,937 fundraiser expenses -39,937

Financial Statement Notes

Schedule D, Page 3, Part X

The organization is a nonprofit organization that is exempt from federal income taxes under section 501(c)(3) of the internal revenue code as other than a private foundation, except on net income derived from unrelated business activities. For the years ended december 31, 2022 and 2021, the organization has not conducted unrelated business activities that are material to the financial statements taken as a whole. Accordingly, no provision for income taxes is included in the financial statements. The organization believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements. The organization is required to file form 990. Tax returns for the previous three years are open to examination by the relevant taxing authorities for a period of three years from the date the returns are filed.

Schedule D, Page 4, Part XI, Line 2D

Fundraiser expenses 39,937

Schedule D, Page 4, Part XII, Line 2D

Fundraiser expenses 39,937

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
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IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt08961
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt026141
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IRS990/OtherExpensesGrp/Desc1ANNUAL MEDRIM RETREAT
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IRS990/OtherExpensesGrp/FundraisingAmt113190
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt026692
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1532
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IRS990/OtherExpensesGrp/ProgramServicesAmt136709
IRS990/OtherExpensesGrp/ProgramServicesAmt22543
IRS990/OtherExpensesGrp/ProgramServicesAmt3319
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IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt22100
IRS990/ProgSrvcAccomActy2Grp/Desc0EMPOWER - MRN CONNECTS AND EQUIPS EXISTING MINISTRIES AND CHURCHES WHERE THE CHURCH IS ESTABLISHED, IN ORDER TO EXPAND THEIR IMPACT BY PROVIDING RE-VISIONING, TRAINING, NETWORKING, COACHING, AND CARE. CHURCH EQUIPPING - MRN DEVELOPED AND PUBLISHED A PAPER ON RELAUNCHING SHORT-TERM MISSIONS WELL: "SHORT-TERM MISSIONS GUIDELINES" (STMG). IN 2022 MRN CONDUCTED MISSIONS LEADERS LUNCHES WITH PRESENTATIONS ON "A FRESH LOOK AT SHORT-TERM MISSIONS," BASED ON STMG, THESE WERE CONDUCTED IN 6 CITIES SERVING OVER 80 CHURCHES. IN ADDITION, 19 CHURCHES WERE EQUIPPED WITH TRAINING EVENTS AND ONGOING COACHING. 27 BLOG ARTICLES WERE WRITTEN AND PUBLISHED, THESE HAVE BEEN VIEWED WELL OVER 10,000 TIMES. SEE SCH. O
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IRS990/ProgSrvcAccomActy2Grp/RevenueAmt03271
IRS990/ProgSrvcAccomActy3Grp/Desc0MISSIONARY CARE: MRN STRIVES TO KEEP CROSS-CULTURAL WORKERS EFFECTIVE AND WHOLE THROUGH PROVIDING APPROPRIATE CARE AND EQUIPPING CHURCHES TO CARE FOR THE CROSS-CULTURAL WORKERS THEY SUPPORT. DURING 2022, OVER 1,000 FAMILIES WERE BEING SERVED IN SOME CAPACITY WITH CARE RESOURCES. 398 HOURS OF DIRECT CARE WERE PROVIDED TO OVER 155 FAMILIES. 12 FAMILIES IN MRN INITIATIVES WERE BEING COACHED REGULARLY.
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01629253
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01443369
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01353518
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt08163376
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0-350595

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.62$0.41$4.21$2.84$2.23$0.60
2023Summary only. Only limited summary data is available for this year.$4.25$0.45$3.80$1.98$2.20$0.21
2022Detailed filing. Detailed filing data is available for this year.$4.18$0.47$3.71$2.31$2.01$0.30
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.58$0.61$3.97$2.06$1.67$0.40
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.70$0.12$3.58$1.89$1.32$0.57
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.01$0.01$3.01$1.93$1.53$0.40
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.61$0.01$2.61$1.24$1.58$0.34
2017Summary only. Only limited summary data is available for this year.$2.95$0.00$2.95$2.74$1.41$1.33
2016Summary only. Only limited summary data is available for this year.$1.62$0.00$1.62$1.55$1.37$0.19
2015Summary only. Only limited summary data is available for this year.$1.44$0.09$1.36$1.22$1.33$0.11
2014Summary only. Only limited summary data is available for this year.$1.53$0.06$1.46$1.24$1.21$0.03
2013Summary only. Only limited summary data is available for this year.$1.52$0.09$1.43$1.46$1.21$0.25
2012Summary only. Only limited summary data is available for this year.$1.24$0.07$1.18$1.33$1.33$0.01
2011Summary only. Only limited summary data is available for this year.$1.28$0.10$1.18$1.20$1.32$0.12
2010Summary only. Only limited summary data is available for this year.$1.31$0.01$1.30$1.45$1.26$0.19