Liabilities / Assets
60th percentile
Tied with the lowest-debt nonprofits in its peer group.
The Marketplace Initiative Inc
EIN 81-1373447 • 501(c)3 • Victoria, TX
Profile
The Organization is organized for exclusively religious, charitable, educational, and scientific purposes within the meaning of Section 501 (c)(3) of the IRS Code of 1986 or the corresponding provision of any future United States Internal Revenue Law, including, for such purposes, the making of distributions to organizations that quality as exempt organizations under said Section 501 (c)(3) of the Internal Revenue Code of 1986. Specifically the Organization will provide benevolent assitance and charitable giving to those in need.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.00x
Liabilities / Revenue
62nd percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
21st percentile
Higher net margin than 21% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
22nd percentile
Faster asset growth than 22% of similar nonprofits.
Revenue Growth
47th percentile
Faster revenue growth than 47% of similar nonprofits.
Balance Sheet
Assets
Down$37,999
Down $27,930 (-42%) from 2022
Liabilities
Flat$0
Flat from 2022
Net Assets
Down$37,999
Down $27,930 (-42%) from 2022
Revenue
Down$115,925
Down $6,285 (-5.1%) from 2022
Expenses
Up$143,855
Up $17,190 (+14%) from 2022
Net Income
Down-$27,930
Down $23,475 (-527%) from 2022
Trend Graphs
Filings
Most recent year
2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $37,999
- Liabilities
- $0
- Net assets
- $37,999
- Revenue
- $115,925
- Expenses
- $143,855
- Net income
- -$27,930
| Balance Sheet | Operations | |||||
|---|---|---|---|---|---|---|
| Year | Assets | Liabilities | Net Assets | Revenue | Expenses | Net Income |
| 2023Detailed filing. Detailed filing data is available for this year. | $0.38 | $0.00 | $0.38 | $1.16 | $1.44 | $0.28 |
| 2022Detailed filing. Detailed filing data is available for this year. | $0.66 | $0.00 | $0.66 | $1.22 | $1.27 | $0.04 |
| 2021Detailed filing. Detailed filing data is available for this year. | $0.70 | $0.00 | $0.70 | $1.27 | $0.68 | $0.60 |
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2023 to Dec 31, 2023
- Signed
- May 15, 2024
- Return Version
- 2023v5.0
- Gross Receipts
- $115,925
Mission and Program Overview
Mission
The Organization is organized for exclusively religious, charitable, educational, and scientific purposes within the meaning of Section 501 (c)(3) of the IRS Code of 1986 or the corresponding provision of any future United States Internal Revenue Law, including, for such purposes, the making of distributions to organizations that quality as exempt organizations under said Section 501 (c)(3) of the Internal Revenue Code of 1986. Specifically the Organization will provide benevolent assitance and charitable giving to those in need.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| Funding of Global Evangelical Team - a 501c3 that focuses on mission and social work in the nation of India. Through our giving, 100s of orphans were care for and given an education this last year in different homes , a womans Bible School was built, adult literacy classes were given, over 140 pastors and leaders were helped and supported through training and educational and physical resources. | $109,000 | $20 |
| Funding of Equip the Nations, Inc. This money was used to help build two church buildings in Northern India. It was also used to help fund food and outreach ministry to thousands in and around Mumbai. | $15,200 | $20 |
| Faith Family Church -local church in Victoria Texas that is very involved in ministry in India. This money was used to help build the final stages of a childrens home that house and cares and educated children pulled from the sex slavery industry | $10,000 | $0 |
| Heart for Mexico- organization that is being used to fund the training of leaders and pastors throughout mainly latin america and funding church plants. This money was used for a truck for their ministry | $5,000 | $0 |
| Funding of Ichthus International Ministries in Indore, India. This money was given to help with educational expenses of children at a childrens home and the slums in Northern India. | $2,500 | $15 |
| Significant Church Network - national ministry that encourages and equips small town pastors in America. | $1,100 | $0 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| William Bauer | President | - | $0 | - | - |
| Sheila Bauer | Secretary | - | $0 | - | - |
| Mark Longoria | Treasurer | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- The Marketplace Initiative Inc
- EIN
- 81-1373447
- Phone
- 3619358988
- Address
- 112 Calle Ricardo, Victoria, TX 77904
Signing Officer
- Name
- William Bauer
- Title
- President
- Phone
- 3619358988
- Signed
- 2024-05-15
Raw XML Appendix192 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/ExcessOrDeficitForYearAmt | 0 | -27930 |
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| IRS990EZ/FiledScheduleAInd | 0 | 1 |
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| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 0 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 0 |
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| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | The Organization is organized for exclusively religious, charitable, educational, and scientific purposes within the meaning of Section 501 (c)(3) of the IRS Code of 1986 or the corresponding provision of any future United States Internal Revenue Law, including, for such purposes, the making of distributions to organizations that quality as exempt organizations under said Section 501 (c)(3) of the Internal Revenue Code of 1986. Specifically the Organization will provide benevolent assitance and charitable giving to those in need. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 55 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | Funding of Global Evangelical Team - a 501c3 that focuses on mission and social work in the nation of India. Through our giving, 100s of orphans were care for and given an education this last year in different homes , a womans Bible School was built, adult literacy classes were given, over 140 pastors and leaders were helped and supported through training and educational and physical resources. |
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| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 2 | Funding of Ichthus International Ministries in Indore, India. This money was given to help with educational expenses of children at a childrens home and the slums in Northern India. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 3 | Heart for Mexico- organization that is being used to fund the training of leaders and pastors throughout mainly latin america and funding church plants. This money was used for a truck for their ministry |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 4 | Significant Church Network - national ministry that encourages and equips small town pastors in America. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 5 | Faith Family Church -local church in Victoria Texas that is very involved in ministry in India. This money was used to help build the final stages of a childrens home that house and cares and educated children pulled from the sex slavery industry |
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| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 1 | 15200 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 2 | 2500 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 3 | 5000 |
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| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 5 | 0 |
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| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
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| IRS990EZ/SaleOfAssetsGrossAmt | 0 | 0 |
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| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | TX |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
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| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
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| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | William Bauer |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | President |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 3619358988 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2024-05-15 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | THE MARKETPLACE INITIATIVE INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | MARK |
| ReturnHeader/Filer/EIN | 0 | 811373447 |
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| ReturnHeader/Filer/USAddress/CityNm | 0 | Victoria |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 77904 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 1 |
| ReturnHeader/ReturnTs | 0 | 2024-05-15T23:54:48-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | William |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | Bauer |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2023-12-31 |
| ReturnHeader/TaxYr | 0 | 2023 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.