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Nonprofiteer
← STEP FORWARD GLOBAL MINISTRIES INC

Form 990 for tax year 2022

Filed by STEP FORWARD GLOBAL MINISTRIES INC.

Totals

Total revenue
$575,689
Total expenses
$273,499
Contributions and grants received
$575,228
Grants paid
$65,997
Program service revenue
$0
Investment income
$342
Other revenue
$119
Total assets, end of year
$1,348,797
Total liabilities, end of year
$3,836
Net assets or fund balances, end of year
$1,344,961
Program services expenses (Part IX)
$254,405
Management and general expenses
$8,439
Fundraising expenses
$10,655
Program service expenses (Part III)
$254,405

Program services were 93.0% 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

    $575,228

  • 3 · Investment income

    total $342 · related or exempt $342

  • 11a · Other revenue: VENDORS COMPENSATION & REBATE

    total $119 · related or exempt $119

  • 11e · Other revenue, total

    $119

Functional expenses

Part IX, the statement of functional expenses.

  • 3 · Grants to foreign organizations and individuals

    total $65,997 · program services $65,997

  • 11g · Fees: other

    total $207,502 · program services $188,408 · management and general $8,439 · fundraising $10,655

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,043,468 · end of year $848,797

  • 11 · Investments: publicly traded securities

    end of year $500,000

  • 25 · Other liabilities

    beginning of year $697 · end of year $3,836

  • 27 · Net assets without donor restrictions

    beginning of year $1,042,771 · end of year $1,344,961

Mission and programs · 2022

Mission

STEP FORWARD GLOBAL MINISTRIES EXISTS TO PROVIDE RELIGIOUS TRAINING, EDUCATION AND CONFERENCES IN THE AREAS OF BIBLICAL LEADERSHIP, DISCIPLESHIP TRAINING, CHURCH MATURITY, STEWARDSHIP & GENEROSITY, AS WELL AS OTHER SPECIALTY RELIGIOUS TRAINING FOR CHURCH LEADERS AROUND THE WORLD. THE ORGANIZATION WILL ALSO ASSIST WITH HUMANITARIAN CAUSES INCLUDING RESPONDING TO REFUGEE CRISES, NATURAL DISASTERS (EARTHQUAKES, TSUNAMI,ETC.), AND ASSISTING THE POOR AND NEEDY BY PROVIDING FOOD, CLOTHING AND OTHER LIFE NECESSITIES.

  • STEP FORWARD GLOBAL MINISTRIES PROVIDES SEVERAL OVERSEAS CONFERENCES EACH YEAR WHERE THE SUBJECTS OF BIBLICAL LEADERSHIP AND DISCIPLESHIP TRAINING ARE TAUGHT. PASTORS AND THEIR WIVES ARE INVITED TO THESE CONFERENCES FROM VARIOUS COUNTRIES, WITH STEP FORWARD GLOBAL MINISTRIES NOT ONLY PROVIDING TEACHING AND TRAINING SERVICES, BUT ALSO ACCOMODATIONS, MEALS AND ENCOURAGEMENT TO THESE RELIGIOUS PROFESSIONALS. STEP FORWARD GLOBAL MINISTRIES ALSO PROVIDES FINANCIAL SUPPORT TO MISSIONARIES WORKING OVERSEAS IN DIFFICULT AND DISADVANTAGED COUNTRIES AS WELL AS PROVIDING FINANCIAL AND SUPPORT ASSISTANCE TO REFUGEES FROM WAR-TORN COUNTRIES.

    Expenses $254,405 · Grants $65,997

  • PROVIDING ONGOING FINANCIAL GIFTS & SUPPORT TO MISSIONARIES WHO ARE ALSO PROVIDING RELIGIOUS TRAINING AND TEACHING IN THE MIDDLE EAST AND EUROPE.

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Roula Khalil

    CFO & SECRET

    Total calculated
    $30,000
    From this org
    $30,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Michel Khalil

    PRESIDENT

    Total calculated
    $0
    Hours/week
    50

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
15 May 2023
IRS schema version
2022v5.0
Source object
202341369349300634

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