Civic Intelligence

Vision Baptist Missions Inc.

990 • Fiscal year 2022 • EIN 81-4837230

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 15, 2023

PO Box 647Dawsonville, GA 30534

(770) 456-5881

Siviq Scores

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

Liabilities / Assets

87th percentile

0.70x

Higher debt load relative to assets than 87% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Liabilities / Revenue

67th percentile

0.34x

Higher debt load relative to revenue than 67% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Net Margin

7th percentile

-46%

Higher net margin than 7% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Top Officer Pay

51st percentile

$124,961

Higher top officer pay than 51% of similar nonprofits.

Top officer pay equals 1.7% of source-year revenue.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Asset Growth

3rd percentile

-27%

Faster asset growth than 3% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Revenue Growth

12th percentile

-34%

Faster revenue growth than 12% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Assets

Down

$3,465,875

Down $1,289,490 (-27%) from 2021

Net Assets

Down

$1,040,588

Down $3,152,698 (-75%) from 2021

Liabilities

Up

$2,425,287

Up $1,863,208 (+331%) from 2021

Revenue

Down

$7,227,955

Down $3,665,575 (-34%) from 2021

Expenses

Down

$10,583,852

Down $345,460 (-3.2%) from 2021

Net Income

Down

-$3,355,897

Down $3,320,115 (-9279%) 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 2017: $874,579Liabilities 2017: $304,518Net Assets 2017: $570,0612017Assets 2018: $818,363Liabilities 2018: $303,840Net Assets 2018: $514,5232018Assets 2019: $1,103,907Liabilities 2019: $0Net Assets 2019: $1,103,9072019Assets 2020: $2,095,330Liabilities 2020: $26,582Net Assets 2020: $2,068,7482020Assets 2021: $4,755,365Liabilities 2021: $562,079Net Assets 2021: $4,193,2862021Assets 2022: $3,465,875Liabilities 2022: $2,425,287Net Assets 2022: $1,040,5882022Assets 2023: $4,482,807Liabilities 2023: $191,196Net Assets 2023: $4,291,6112023Assets 2024: $4,601,616Liabilities 2024: $181,346Net Assets 2024: $4,420,2702024

Highlighted filing

2022

Assets$3,465,875
Liabilities$2,425,287
Net Assets$1,040,588

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2017: $4,720,695Expenses 2017: $4,150,634Net Income 2017: $570,0612017Revenue 2018: $5,522,881Expenses 2018: $5,578,419Net Income 2018: -$55,5382018Revenue 2019: $7,480,891Expenses 2019: $6,806,703Net Income 2019: $674,1882019Revenue 2020: $8,974,991Expenses 2020: $8,498,374Net Income 2020: $476,6172020Revenue 2021: $10,893,530Expenses 2021: $10,929,312Net Income 2021: -$35,7822021Revenue 2022: $7,227,955Expenses 2022: $10,583,852Net Income 2022: -$3,355,8972022Revenue 2023: $9,245,254Expenses 2023: $8,770,710Net Income 2023: $474,5442023Revenue 2024: $9,686,741Expenses 2024: $9,558,082Net Income 2024: $128,6592024

Highlighted filing

2022

Revenue$7,227,955
Expenses$10,583,852
Net Income-$3,355,897
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 15, 2023
Return Version
2022v5.0
Gross Receipts
$7,921,679
Mission and Program Overview

Mission

Vision baptist missions is dedicated to partnering with local churches to train and sendmissionaries worldwide.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$601,554$1,822,864▲ $1,221,310
Cash and Non-Interest-Bearing Accounts$1,263,593$1,626,636▲ $363,043
Investments in Publicly Traded Securities$756,670$0▼ $756,670
Intangible Assets$0$16,375▲ $16,375
Total Assets$4,755,365$3,465,875▼ $1,289,490
Other Assets Total$2,133,548$0▼ $2,133,548
Liabilities
Other Liabilities$0$2,235,790▲ $2,235,790
Mortgage Notes Payable Secured by Investment Property-$183,297-
Accounts Payable and Accrued Expenses$560,239$6,200▼ $554,039
Deferred Revenue$1,840$0▼ $1,840
Total Liabilities$562,079$2,425,287▲ $1,863,208
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,193,286$1,040,588▼ $3,152,698
Total Net Assets Fund Balance$4,193,286$1,040,588▼ $3,152,698
Total Liabilities and Net Assets / Fund Balance$4,755,365$3,465,875▼ $1,289,490

Asset Categories

AssetBook ValueDepreciationBasis
Land$1,613,680-$1,613,680
Buildings$192,976$8,631$201,607
Equipment$16,208$11,435$27,643
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Travis SnodeVice President/secretary/CFOFT$124,961$124,961
Jeffery BushPresident/CEOFT$60,100$60,100
Christopher FiesTreasurer/CFOFT$45,306$45,306
Robert CanfieldSecretaryFT$13,100$13,100

Board Members and Trustees

NameTitle
John PearsonChairman
Snyder TurnerVice Chairman
Steve HallDirector
Wayne NaugleSecretary
Todd WipfTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$6,676,119
Program Service Revenue
$130,375
Investment Income
$417,152
Other Revenue
$4,309
All Other Contributions
$6,676,119
Change in Net Assets
$-3,355,897
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$10,347,025
Salaries, Compensation, and Employee Benefits$236,827
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$154,867--$154,867
Office Expenses$80,330--$80,330
Other Salaries and Wages$72,234--$72,234
All Other Expenses$41,169--$41,169
Occupancy$27,065--$27,065
Interest$22,547--$22,547
Fees for Services Accounting-$20,800-$20,800
Insurance$16,520--$16,520
Depreciation Depletion$15,461--$15,461
Fees for Services Legal-$12,960-$12,960
Other Expenses$12,933--$12,933
Payroll Taxes$9,726--$9,726
Advertising$5,181--$5,181
Fees for Service Investment Mgmnt Fees-$2,212-$2,212
Information Technology-$1,998-$1,998
Travel$1,165--$1,165
Conferences and Meetings$182--$182
Total Functional Expenses$10,545,882$37,970$0$10,583,852
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
Missionary Program Fund Liabilities$2,235,790
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
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
No

Governance Explanations

Form 990, Part VI, Section A, Line 4

The bylaws were revised during 2022 to add term limits for directors and to increase the frequency of board meetings.

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

A copy of the form 990 will be provided to the board of directors to review prior to filing.

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

Directors and officers are required to review conflict of interest policy annually and disclose any conflicts.

Form 990, Part VI, Section B, Line 15

The compensation packages for the president/ceo and general director/cfo are set by the board. The salaries of all other employees are set by the ceo and cfo.

Form 990, Part VI, Section C, Line 19

Governing documents are made available upon written request.

Filing and Contact Details

Filer

Filer Name
Vision Baptist Missions Inc
EIN
81-4837230
Phone
7704565881
Address
PO BOX 647, DAWSONVILLE, GA 30534

Signing Officer

Name
Travis Snode
Title
General Director/CFO
Phone
7706383444
Signed
2023-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Travis Snode
Formed
2017
Legal Domicile
Ga
Voting Board Members
5
Independent Board Members
5
Employees
8
Volunteers
250

Preparer

Firm
Carr Riggs & Ingram LLC
Address
4004 SUMMIT BLVD NE SUITE 800, ATLANTA, GA 30319
Preparer
Tiffany T Orr CPA
Phone
7703948000
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IRS990/PayrollTaxesGrp/TotalAmt09726
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0TRAVIS SNODE
IRS990/PriorPeriodAdjustmentsAmt0214957
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0TUITION REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0130375
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0130375
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt010893530
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt010701237
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-35782
IRS990/PYSalariesCompEmpBnftPaidAmt0228075
IRS990/PYTotalExpensesAmt010929312
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt010893530
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-3355897
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt04309
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0130375
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt06676119
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt010893530
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt08974991
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt07480891
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt05522355
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt039547886
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt015185
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0526
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt015711
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99960
IRS990ScheduleA/PublicSupportTotal170Amt039547886
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt06676119
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt010893530
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt08974991
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt07480891
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt05522355
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt039547886
IRS990ScheduleA/TotalSupportAmt039563597
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/BuildingsGrp/BookValueAmt0192976
IRS990ScheduleD/BuildingsGrp/DepreciationAmt08631
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0201607
IRS990ScheduleD/EquipmentGrp/BookValueAmt016208
IRS990ScheduleD/EquipmentGrp/DepreciationAmt011435
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt027643
IRS990ScheduleD/LandGrp/BookValueAmt01613680
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01613680
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02235790
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MISSIONARY PROGRAM FUND LIABILITIES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01822864
IRS990ScheduleD/TotalLiabilityAmt02235790
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BYLAWS WERE REVISED DURING 2022 TO ADD TERM LIMITS FOR DIRECTORS AND TO INCREASE THE FREQUENCY OF BOARD MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF THE FORM 990 WILL BE PROVIDED TO THE BOARD OF DIRECTORS TO REVIEW PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DIRECTORS AND OFFICERS ARE REQUIRED TO REVIEW CONFLICT OF INTEREST POLICY ANNUALLY AND DISCLOSE ANY CONFLICTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE COMPENSATION PACKAGES FOR THE PRESIDENT/CEO AND GENERAL DIRECTOR/CFO ARE SET BY THE BOARD. THE SALARIES OF ALL OTHER EMPLOYEES ARE SET BY THE CEO AND CFO.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0GA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt04755365
IRS990/TotalAssetsEOYAmt03465875
IRS990/TotalAssetsGrp/BOYAmt04755365
IRS990/TotalAssetsGrp/EOYAmt03465875
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt06676119
IRS990/TotalEmployeeCnt08
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt037970
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt010545882
IRS990/TotalFunctionalExpensesGrp/TotalAmt010583852
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0562079
IRS990/TotalLiabilitiesEOYAmt02425287
IRS990/TotalLiabilitiesGrp/BOYAmt0562079
IRS990/TotalLiabilitiesGrp/EOYAmt02425287
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt04193286
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01040588
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt010545882
IRS990/TotalProgramServiceRevenueAmt0130375
IRS990/TotalReportableCompFromOrgAmt0243467
IRS990/TotalRevenueGrp/ExclusionAmt0421461
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0130375
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt07227955
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0250
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04755365
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03465875
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt01165
IRS990/TravelGrp/TotalAmt01165
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 647
IRS990/USAddress/CityNm0DAWSONVILLE
IRS990/USAddress/StateAbbreviationCd0GA
IRS990/USAddress/ZIPCd030534
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01

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