What the amendment changed
Compared with the return it replaced , filed 12 May 2025. matched by us Only the return's totals, a 990-PF's accounting method and the names listed in Part VII (Part VIII on a 990-PF) are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.
- Total revenue
- $403,956 changed to $90,456
- Total expenses
- $240,897 changed to $189,076
- Contributions and grants received
- $397,379 changed to $69,358
- Grants paid
- $1,480 changed to $1,531
- Investment income
- $6,577 changed to $21,098
- Total assets, end of year
- $793,404 changed to $559,078
- Total liabilities, end of year
- $137,300 changed to $1,594
- Net assets or fund balances, end of year
- $656,104 changed to $557,484
- Program services expenses
- $133,314 changed to $127,822
- Management and general expenses
- $62,275 changed to $32,296
- Fundraising expenses
- $45,308 changed to $28,958
- Program service expenses (Part III)
- $133,314 changed to $127,822
Listed only on the earlier return
- Denise PierceDENISE PIERCE
Totals
- Total revenue
- $90,456
- Total expenses
- $189,076
- Contributions and grants received
- $69,358
- Grants paid
- $1,531
- Program service revenue
- $0
- Investment income
- $21,098
- Other revenue
- $0
- Total assets, end of year
- $559,078
- Total liabilities, end of year
- $1,594
- Net assets or fund balances, end of year
- $557,484
- Program services expenses (Part IX)
- $127,822
- Management and general expenses
- $32,296
- Fundraising expenses
- $28,958
- Program service expenses (Part III)
- $127,822
Program services were 67.6% 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
$69,358
-
3 · Investment income
total $21,098 · related or exempt $21,098
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,531 · program services $1,531
-
5 · Compensation of officers, directors and key employees
total $64,800 · program services $21,860 · management and general $15,880 · fundraising $27,060
-
7 · Other salaries and wages
total $58,026 · program services $58,026
-
9 · Other employee benefits
total $5,750 · program services $5,750
-
10 · Payroll taxes
total $9,836 · program services $6,826 · management and general $1,112 · fundraising $1,898
-
11b · Fees: legal
total $400 · management and general $400
-
11c · Fees: accounting
total $2,146 · management and general $2,146
-
11g · Fees: other
total $13,302 · program services $12,552 · management and general $750
-
12 · Advertising and promotion
total $1,350 · program services $1,350
-
13 · Office expenses
total $2,359 · program services $1,589 · management and general $770
-
14 · Information technology
total $8,771 · management and general $8,771
-
16 · Occupancy
total $3,825 · program services $3,825
-
17 · Travel
total $1,222 · program services $1,222
-
23 · Insurance
total $2,467 · management and general $2,467
-
24a · Other expenses: EVENTS
total $13,291 · program services $13,291
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $243,252 · end of year $21,943
-
2 · Savings and temporary cash investments
end of year $99,422
-
7 · Other notes and loans receivable
beginning of year $547,274 · end of year $402,082
-
9 · Prepaid expenses and deferred charges
beginning of year $2,878 · end of year $35,631
-
17 · Accounts payable and accrued expenses
beginning of year $1,275 · end of year $1,594
-
24 · Unsecured notes and loans payable
beginning of year $136,025
-
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 $656,104 · end of year $557,484
Mission and programs · 2024
Mission
WE PROVIDE CAPITAL, CONNECTIONS, AND CONTENT TO CHRISTIAN ENTREPRENEURS FOR THE PURPOSE OF CREATING A GENERATIVE ECOSYSTEM OF KINGDOM-MINDED BUSINESSES EMPOWERED BY THE CHURCH TO SERVE THE CITY.
Activities or mission (Part I)
CREATING A GENERATIVE ECOSYSTEM OF KINGDOM-MINDED BUSINESSES, EMPOWERED BY THE CHURCH, TO SERVE THE CITY.
-
WE PROVIDE FINANCIAL CAPITAL, COACHING, AND CONTENT TO UNDERSERVED CHRISTIAN ENTREPRENEURS. WE BEGAN ISSUING LOANS AT LOW-INTEREST RATES AND COMBINING THEM WITH COACHING VIA 1-ON-1 MENTORSHIP AND ONGOING CURRICULUM TO HELP BUSINESS OWNERS PERSEVERE THROUGH TOUGH TIMES AND GROW IN THEIR FAITH AND BUSINESSES. WHAT STARTED AS AN INITIAL CLASS OF 6 BUSINESSES IS NOW A PROGRAM FOCUSED ON ESTABLISHING A PROGRAM TO OFFER CAPITAL, MEANINGFUL COMMUNITY, AND CONTENT TO TANGIBLY HELP SMALL BUSINESSES WHO HAVE HISTORICALLY LACKED ACCESS TO CAPITAL AND TO HELP BUSINESS OWNERS INTEGRATE THEIR WORK AND FAITH WITH THE CONVICTION THAT GOOD BUSINESS IS GREAT FOR THE COMMUNITIES THEY ALREADY OPERATE IN.
Expenses $127,822 · Grants $1,531 · Revenue $21,098
As filed on the 2024 return.
Listed in Part VII
-
Dr Rev Daryl HortonDR REV DARYL HORTON
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Dr Caroline BartaDR CAROLINE BARTA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Steve TengSTEVE TENG
FOUNDER/ADVISOR
- Total calculated
- $0
- Hours/week
- 2
-
Alysia FridayALYSIA FRIDAY
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Jessica SperlingJESSICA SPERLING
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Chris TurnleyCHRIS TURNLEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Mark GibsonMARK GIBSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Wesley FangWESLEY FANG
EXECUTIVE DIRECTOR
- Total calculated
- $0
- Hours/week
- 40
-
Taylor ClarkTAYLOR CLARK
DIRECTOR
- 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
- 2024
- Filed
- 10 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202513149349306756
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.