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Nonprofiteer
← STANITA FOUNDATION

Form 990 for tax year 2024

Filed by STANITA FOUNDATION.

Totals

Total revenue
$6,602,928
Total expenses
$6,602,928
Contributions and grants received
$0
Grants paid
$6,602,928
Program service revenue
$0
Investment income
$6,602,928
Other revenue
$0
Total assets, end of year
$37,816,125
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$37,816,125
Program services expenses (Part IX)
$6,602,928
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$6,602,928

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.

  • 3 · Investment income

    total $6,602,928 · excluded $6,602,928

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $6,602,928 · program services $6,602,928

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,000 · end of year $2,000

  • 12 · Investments: other securities

    beginning of year $37,979,339 · end of year $37,814,125

  • 29 · Capital stock, trust principal or current funds

    beginning of year $2,000 · end of year $2,000

  • 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 $37,979,339 · end of year $37,814,125

Mission and programs · 2024

Mission

SUPPORTING ORGANIZATION OF ONE MISSION SOCIETY USA, INC. (OMS). OMS IS EXEMPT UNDER IRC SECTION 501(C)(3). OMS EXISTS TO PLANT CHURCHES AROUND THE WORLD.

Activities or mission (Part I)

SUPPORTING ORGANIZATION OF ONE MISSION SOCIETY, INC. ("OMS"). OMS IS EXEMPT UNDER IRC SECTION 501(C)(3). OMS EXISTS TO PLANT CHURCHES AROUND THE WORLD.

  • TO SUPPORT ONE MISSION SOCIETY'S DISCIPLE MAKING AND CHURCH MULTIPLICATION MINISTRIES IN 55 COUNTRIES WITH OVER 100 MINISTRY PARTNERS. THIS WORK IS ACCOMPLISHED USING 2 TRAINING STREAMS NAMED TRAIN AND MULTIPLY AND VILLAGE CHURCH PLANTING. ONGOING TRAINING AND COACHING EQUIP LOCAL DISCIPLES TO EVANGELIZE, DISCIPLE, LEAD BIBLE STUDIES, AND FORM NEW CHURCHES. IN CALENDAR YEAR 2024, THE MINISTRY RESULTS WERE 380,877 DECISIONS TO FOLLOW CHRIST, 202,099 PEOPLE WERE BAPTIZED, AND 39,719 NEW WORSHIPPING GROUPS WERE FORMED.

    Expenses $6,602,928 · Grants $6,602,928

As filed on the 2024 return.

Listed in Part VII

  • Jeff Edwards

    CHAIRMAN

    Total calculated
    $125,640
    From this org
    $0
    From related orgs
    $116,809
    Other
    $8,831
    Hours/week
    1 + 40 related

  • Joel T Overton

    TRUSTEE

    Total calculated
    $136,353
    From this org
    $0
    From related orgs
    $98,880
    Other
    $37,473
    Hours/week
    1 + 40 related

  • Chris Williams

    TRUSTEE

    Total calculated
    $120,067
    From this org
    $0
    From related orgs
    $91,104
    Other
    $28,963
    Hours/week
    1 + 40 related

  • Matt Ausley

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Robert Cavell

    TRUSTEE

    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

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.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • US PLASTIC CORPORATION

    C · DISTRIBUTOR · OH · 100% owned · share of income $73,304,649 · share of assets $41,667,957 · controlled entity

    Directly controlled by STANITA FOUNDATION

Provenance

Return type
form_990
Tax year
2024
Filed
12 May 2025
IRS schema version
2024v5.1
Source object
202521339349301447

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