Civic Intelligence

Mies Foundation Inc.

990 • Fiscal year 2019 • EIN 81-3688933

Sep 01, 2018 to Aug 31, 2019 • Filed on Jun 30, 2020

2938 Creeks Crossing BlvdLakeland, FL 33804

(787) 244-8348

Siviq Scores

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

Liabilities / Assets

64th percentile

0.01x

Higher debt load relative to assets than 64% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

61st percentile

0.00x

Higher debt load relative to revenue than 61% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

29th percentile

-5.9%

Higher net margin than 29% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

25th percentile

-14%

Faster asset growth than 25% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

39th percentile

-5.7%

Faster revenue growth than 39% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$143,840

Down $23,219 (-14%) from 2018

Net Assets

Down

$142,340

Down $24,719 (-15%) from 2018

Liabilities

Up

$1,500

Up $1,500 from 2018

Revenue

Down

$421,532

Down $25,553 (-5.7%) from 2018

Expenses

Up

$446,251

Up $116,956 (+36%) from 2018

Net Income

Down

-$24,719

Down $142,509 (-121%) from 2018

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2017: $49,265Liabilities 2017: $02017Assets 2018: $167,059Liabilities 2018: $0Net Assets 2018: $167,0592018Assets 2019: $143,840Liabilities 2019: $1,500Net Assets 2019: $142,3402019Assets 2020: $314,543Liabilities 2020: $29,739Net Assets 2020: $284,8042020Assets 2021: $331,848Liabilities 2021: $2,025Net Assets 2021: $329,8232021Assets 2022: $192,901Liabilities 2022: $9,492Net Assets 2022: $183,4092022Assets 2023: $164,118Liabilities 2023: $12,209Net Assets 2023: $151,9092023Assets 2024: $168,824Liabilities 2024: $42,368Net Assets 2024: $126,4562024

Highlighted filing

2019

Assets$143,840
Liabilities$1,500
Net Assets$142,340

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2017: $106,162Expenses 2017: $56,897Net Income 2017: $49,2652017Revenue 2018: $447,085Expenses 2018: $329,295Net Income 2018: $117,7902018Revenue 2019: $421,532Expenses 2019: $446,251Net Income 2019: -$24,7192019Revenue 2020: $542,771Expenses 2020: $400,307Net Income 2020: $142,4642020Revenue 2021: $615,095Expenses 2021: $570,886Net Income 2021: $44,2092021Revenue 2022: $729,606Expenses 2022: $876,021Net Income 2022: -$146,4152022Revenue 2023: $794,048Expenses 2023: $825,548Net Income 2023: -$31,5002023Revenue 2024: $801,220Expenses 2024: $826,673Net Income 2024: -$25,4532024

Highlighted filing

2019

Revenue$421,532
Expenses$446,251
Net Income-$24,719
Jump To
Filing Snapshot
Filing Period
Sep 1, 2018 to Aug 31, 2019
Signed
Jun 30, 2020
Return Version
2018v3.0
Gross Receipts
$421,532
Mission and Program Overview

Mission

Mobilize disciples toward a holistic formation. Inspire ideas that expand the kingdom of God. Equip Christian workers with biblical literature. Financially support active workers.

To equip Christian Workers and provide them with financial support to keep them accomplishing the Great Commission. To Provide bibles and biblical literature to evangelize and disciple. To promote the planting of churches and to help with ideas that expand the kingdom.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$62,836$78,567▲ $15,731
Accounts Receivable$23,445$34,292▲ $10,847
Savings and Temporary Cash Investments$76,080$25,925▼ $50,155
Land, Buildings, and Equipment, Net$4,698$4,163▼ $535
Prepaid Expenses and Deferred Charges$0$376▲ $376
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0--
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$167,059$143,840▼ $23,219
Other Assets Total$0$517▲ $517
Liabilities
Accounts Payable and Accrued Expenses$0$1,500▲ $1,500
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0--
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$1,500▲ $1,500
Net Assets / Fund Balance
Temporarily Rstr Net Assets$80,778$71,283▼ $9,495
Unrestricted Net Assets$86,281$71,057▼ $15,224
Permanently Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$167,059$142,340▼ $24,719
Total Liabilities and Net Assets / Fund Balance$167,059$143,840▼ $23,219

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$0$0$0
Other Land Buildings$0$0$0
Land$0-$0
Equipment$4,163$2,287$0
Leasehold Improvements$0$0$0
Compensation and Service Providers

Board Members and Trustees

NameTitle
Alfredo VallellanesPresident
Yolanda CauthornVice President
Jofre AyalaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$421,526
Investment Income
$6
Other Revenue
$0
Change in Net Assets
$-24,719
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$360,438
Other Expenses$78,973
Total Fundraising Expense$8,992
Professional Fundraising Fees$6,840
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$337,881--$337,881
Travel$32,625$6,320$42$38,987
Foreign Grants$19,496--$19,496
Fees for Services Accounting$0$12,000$0$12,000
Fees for Services Professional Fundraising--$6,840$6,840
Fees for Services Management-$6,750-$6,750
Fees for Services Other$0$6,500$0$6,500
Office Expenses$105$3,848$2,110$6,063
Grants to Domestic Individuals$3,061--$3,061
Other Expenses$19$2,376$0$2,395
Depreciation Depletion$0$1,565$0$1,565
Insurance$0$1,489$0$1,489
Conferences and Meetings$0$1,419$0$1,419
Interest$190$1,099$0$1,289
Occupancy$0$516$0$516
Total Functional Expenses$393,377$43,882$8,992$446,251
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Liga Biblica de PRSauk Village, IL, Rq-Admin. Exp., Ministry Exp. & Literature$235,602
Multiplication Network Ministries--Ministry Expenses$65,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$6,840
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0--
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
No
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, Part VI, Section A, Line 2

Alfredo Vallellanes and Yolanda Cauthorn have a family relationship via marriage to one another.

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

No review was or will be conducted.

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

The governing board reviews compliance with conflict of interest policy by excusing the related party from the discussion to determine if the transactions is in the best interest of the organization.

Form 990, Part VI, Section C, Line 19

No other documents available to the public.

Filing and Contact Details

Filer

Filer Name
Mies Foundation Inc
EIN
81-3688933
Phone
7872448348
Address
2938 Creeks Crossing Blvd, Lakeland, FL 33804

Signing Officer

Name
Willy Tirado
Title
CFO
Phone
7876420851
Signed
2020-06-30

Organization Details

Principal Officer
Alfredo Vallellanes
Formed
2016
Legal Domicile
Fl
Voting Board Members
3
Independent Board Members
0
Employees
0
Volunteers
5
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IRS990/Desc0Through its main projects, Mies foundation, in coordination with the Bible League of PR and Fundación MIES, has had a great impact. Through the Bibles for All Project over 1 million Scriptures have been distributed to people in Florida and the Caribbean. Through the Magdalena Project 119,750 people have seen the Magdalena film; 10,020 people became new believers; 2,524 leaders have been trained; 2,569 new small groups have been added and a total of 11,795 people participate in them. Through the 5,000 HCC Project (House Churches in the Caribbean) 89,100 people have been reached; 7,523 people became new believers; 322 people were baptized; 36 trained leaders were added; 212 new small groups have been added; 284 church planters have been trained and 302 churches have been planted. Through the Sarepta Project 100 Christian workers have been financially supported.
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