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Nonprofiteer
← FAITHBUILDERS INC

Form 990 for tax year 2024

Filed by FAITHBUILDERS INC.

Totals

Total revenue
$128,260
Total expenses
$193,487
Contributions and grants received
$115,081
Grants paid
$0
Program service revenue
$0
Investment income
$834
Other revenue
$12,345
Total assets, end of year
$424,177
Total liabilities, end of year
$162
Net assets or fund balances, end of year
$424,015
Program services expenses (Part IX)
$160,220
Management and general expenses
$31,316
Fundraising expenses
$1,951
Program service expenses (Part III)
$160,220

Program services were 82.8% 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

    $115,081

  • 3 · Investment income

    total $834 · excluded $834

  • 6a · Gross rents

    real property $24,760

  • 6b · Less rental expenses

    real property $42,782

  • 6c · Rental income or loss

    real property -$18,022

  • 6d · Net rental income or loss

    total -$18,022 · excluded -$18,022

  • 8a · Fundraising events: gross income

    $30,759

  • 8b · Fundraising events: direct expenses

    $1,354

  • 8c · Net income from fundraising events

    total $29,405

  • 11a · Other revenue: VISITATION FEES

    total $910 · related or exempt $910

  • 11b · Other revenue: SCRAP METAL RECYCLING

    total $52 · related or exempt $52

  • 11e · Other revenue, total

    $962

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $36,000 · program services $27,000 · management and general $7,200 · fundraising $1,800

  • 7 · Other salaries and wages

    total $8,890 · program services $7,112 · management and general $1,778

  • 10 · Payroll taxes

    total $3,755 · program services $2,853 · management and general $751 · fundraising $151

  • 11b · Fees: legal

    total $9,584 · program services $9,584

  • 11c · Fees: accounting

    total $1,915 · management and general $1,915

  • 11g · Fees: other

    total $13,664 · program services $13,664

  • 12 · Advertising and promotion

    total $8,109 · management and general $8,109

  • 13 · Office expenses

    total $2,017 · management and general $2,017

  • 14 · Information technology

    total $3,134 · management and general $3,134

  • 16 · Occupancy

    total $30,603 · program services $30,603

  • 17 · Travel

    total $13,647 · program services $13,647

  • 22 · Depreciation, depletion and amortization

    total $22,149 · program services $22,149

  • 23 · Insurance

    total $6,630 · program services $670 · management and general $5,960

  • 24a · Other expenses: MEALS

    total $6,262 · program services $6,262

  • 24b · Other expenses: CHRISTMAS PROVISIONS

    total $5,042 · program services $5,042

  • 24c · Other expenses: SCHOOL EXPENSES

    total $4,987 · program services $4,987

  • 24d · Other expenses: CLIENT RELATED GOODS

    total $4,982 · program services $4,982

  • 24e · All other expenses

    total $12,117 · program services $11,665 · management and general $452

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $95,103 · end of year $51,325

  • 9 · Prepaid expenses and deferred charges

    beginning of year $250 · end of year $250

  • 10a · Land, buildings and equipment: cost or other basis

    $438,029

  • 10b · Land, buildings and equipment: accumulated depreciation

    $70,432

  • 10c · Land, buildings and equipment, net

    beginning of year $389,746 · end of year $367,597

  • 15 · Other assets

    beginning of year $5,005 · end of year $5,005

  • 17 · Accounts payable and accrued expenses

    beginning of year $862 · end of year $162

  • 27 · Net assets without donor restrictions

    beginning of year $468,209 · end of year $423,060

  • 28 · Net assets with donor restrictions

    beginning of year $21,033 · end of year $955

Mission and programs · 2024

Mission

FAITHBUILDERS, INC EXISTS TO BE THE HANDS AND FEET OF JESUS TO CHILDREN AND FAMILIES IN CRISIS HERE IN OUR COMMUNITY. OUR GOAL IS TO HONOR GOD'S DESIRE THAT WE SERVE THE LEAST OF THESE.

  • MENTORING MOMS AND DADS TO HELP BREAK GENERATIONAL CYCLES OF DESTRUCTIVE BEHAVIOR AND KEEP FAMILIES INTACT, MAKING A CRITICAL DIFFERENCE IN THE LIVES OF KIDS AND THEIR PARENTS. WE SERVE A CULTURALLY DIVERSE POPULATION AND WALKS WITH CHILDREN AND THEIR FAMILIES AS LONG AS NEEDED.

    Expenses $160,220

As filed on the 2024 return.

Listed in Part VII

  • Andrea Dixon

    EXECUTIVE DI

    Total calculated
    $36,000
    From this org
    $36,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Michael Christensen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Gwen Ottenberg

    PRESIDENT

    Total calculated
    $0
    Hours/week
    10
  • Susan Schrag

    TREASURER

    Total calculated
    $0
    Hours/week
    10
  • Sandra Kaye Williams

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Lynette Woodard

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

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.

Provenance

Return type
form_990
Tax year
2024
Filed
1 November 2025
IRS schema version
2024v5.0
Source object
202503189349300525

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