Totals
- Total revenue
- $185,105
- Total expenses
- $61,497
- Contributions and grants received
- $12,201
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $172,904
- Other revenue
- $0
- Total assets, end of year
- $2,511,880
- Total liabilities, end of year
- $165,033
- Net assets or fund balances, end of year
- $2,346,847
- Program services expenses (Part IX)
- $61,497
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $61,497
Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$12,201
-
3 · Investment income
total $172,904 · related or exempt $172,904
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $7,200 · program services $7,200
-
10 · Payroll taxes
total $551 · program services $551
-
11a · Fees: management
total $3,885 · program services $3,885
-
11c · Fees: accounting
total $5,500 · program services $5,500
-
11g · Fees: other
total $13,070 · program services $13,070
-
13 · Office expenses
total $1,800 · program services $1,800
-
23 · Insurance
total $29,491 · program services $29,491
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $57,099 · end of year $41,880
-
12 · Investments: other securities
beginning of year $2,319,536 · end of year $2,470,000
-
17 · Accounts payable and accrued expenses
beginning of year $152,900 · end of year $165,033
-
27 · Net assets without donor restrictions
beginning of year $7,337 · end of year $7,999
-
28 · Net assets with donor restrictions
beginning of year $2,216,398 · end of year $2,338,848
Mission and programs · 2024
Mission
BMA FOUNDATION WAS ORGANIZED TO SUPPORT ALL ENTITIES AFFILIATED WITH THE BAPTIST MISSIONARY ASSOCIATION OF AMERICA, ALL OF WHICH ARE 501(C)(3) ORGANIZATIONS, AND THE CHARITABLE, SCIENTIFIC AND EDUCATIONAL PURPOSES THEREOF.
-
N/A
-
NA
Expenses $61,497
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Jonathan BairdJONATHAN BAIRD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 10
-
Mike BaldwinMIKE BALDWIN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 10
-
Marilyn BattlesMARILYN BATTLES
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 10
-
Dennis ClarkDENNIS CLARK
BOARD MEMEBE
- Total calculated
- $0
- Hours/week
- 10
-
Debbie DurhamDEBBIE DURHAM
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 10
-
Eric GobleERIC GOBLE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 10
-
Paul JensenPAUL JENSEN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 10
-
Judy WallaceJUDY WALLACE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 10
-
Kenneth LottKENNETH LOTT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 10
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
LIFEWORD BROADCAST MINISTRIES INC
501C3 · MISS RADIO · AR
-
501C3 · THEOL SEMI · TX
-
501C3 · COLLEGE · AR
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 14 April 2026
- IRS schema version
- 2024v5.0
- Source object
- 202631049349301658
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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