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Nonprofiteer
← FUNDAMENTAL BAPTIST HOME MISSIONS INC

Form 990 for tax year 2022

Filed by FUNDAMENTAL BAPTIST HOME MISSIONS INC.

Totals

Total revenue
$1,863,781
Total expenses
$1,830,236
Contributions and grants received
$1,862,040
Grants paid
$1,753,896
Program service revenue
$0
Investment income
$1,741
Other revenue
$0
Total assets, end of year
$995,175
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$995,175
Program services expenses (Part IX)
$1,765,271
Management and general expenses
$64,965
Fundraising expenses
$0
Program service expenses (Part III)
$1,765,271

Program services were 96.5% 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

    $1,862,040

  • 3 · Investment income

    total $1,741 · excluded $1,741

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $1,038,933 · program services $1,038,933

  • 3 · Grants to foreign organizations and individuals

    total $714,963 · program services $714,963

  • 13 · Office expenses

    total $48,401 · management and general $48,401

  • 16 · Occupancy

    total $14,256 · management and general $14,256

  • 17 · Travel

    total $5,410 · program services $5,410

  • 19 · Conferences, conventions and meetings

    total $5,965 · program services $5,965

  • 23 · Insurance

    total $2,119 · management and general $2,119

  • 24a · Other expenses: TAXES AND LICENSES

    total $189 · management and general $189

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $261,132 · end of year $294,677

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

    $700,498

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

    $0

  • 10c · Land, buildings and equipment, net

    beginning of year $700,498 · end of year $700,498

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $961,630 · end of year $995,175

Mission and programs · 2022

Mission

PREACH THE GOSPEL OF JESUS CHRIST, ESTABLISH CHURCHES, AND TRAIN MEN TO BE MISSIONARIES, TEACHERS AND PASTORS.

Activities or mission (Part I)

SUPPORT MISSIONARIES IN PREACHING THE GOSPEL.

  • FINANCIAL SUPPORT UTILIZED FOR LIVING EXPENSES AND CHURCH NEEDS WAS PROVIDED TO 116 FUNDAMENTAL BAPTIST HOME MISSIONARIES IN PREACHING THE GOSPEL OF JESUS CHRIST.

    Expenses $1,765,271 · Grants $1,753,896

As filed on the 2022 return.

Listed in Part VII

  • Chip Stowe

    PRESIDENT

    Total calculated
    $0
    Hours/week
    40
  • Jack Stewart

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    40
  • Lucille B Ellis

    SECRETARY-TREASURER

    Total calculated
    $0
    Hours/week
    40
  • Ernesto Andrade

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Grady Gregory

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Jason Moore

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Bo Wagner

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

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
2022
Filed
9 October 2023
IRS schema version
2022v5.0
Source object
202312899349301706

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