Totals
- Total revenue
- $224,048
- Total expenses
- $25,843
- Contributions and grants received
- $166,872
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $57,176
- Other revenue
- $0
- Total assets, end of year
- $1,583,769
- Total liabilities, end of year
- $21,341
- Net assets or fund balances, end of year
- $1,562,428
- Program services expenses (Part IX)
- $19,850
- Management and general expenses
- $5,993
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $19,850
Program services were 76.8% 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
$166,872
-
3 · Investment income
total $35,620 · related or exempt $35,620
-
7a · Gross sales of assets other than inventory
securities $21,556
-
7b · Less cost or other basis and sales expenses
securities $0
-
7c · Gain or loss
securities $21,556
-
7d · Net gain or loss
total $21,556 · related or exempt $21,556
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $7,200 · program services $7,200
-
10 · Payroll taxes
total $551 · program services $551
-
11c · Fees: accounting
total $5,500 · program services $5,500
-
11f · Fees: investment management
total $5,993 · management and general $5,993
-
13 · Office expenses
total $3,828 · program services $3,828
-
23 · Insurance
total $1,771 · program services $1,771
-
24a · Other expenses: MISCELLANEOUS
total $1,000 · program services $1,000
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $5,542 · end of year $12,450
-
4 · Accounts receivable
beginning of year $11,449
-
12 · Investments: other securities
beginning of year $1,448,855 · end of year $1,554,842
-
15 · Other assets
beginning of year $2,235 · end of year $16,477
-
17 · Accounts payable and accrued expenses
beginning of year $23,013 · end of year $21,341
-
27 · Net assets without donor restrictions
beginning of year $5,428 · end of year $5,252
-
28 · Net assets with donor restrictions
beginning of year $1,439,640 · end of year $1,557,176
Mission and programs · 2022
Mission
BMA FOUNDATION WAS ORGANIZED TO SUPPORT ALL ENTITIES AFFILIATED WITH THE BAPTIST MISSIONARY ASSOCIATION OF AMERICA, ALL OF WHICH ARE 501 (C)(3) ORGANIZATIONS, AND THE CHARITABLE, SCIENTIFIC AND EDUCATIONAL PURPOSES THEREOF.
-
DIRECT GRANT TO FOUNDATION MEMBERS AND DEPARTMENTAL EXPENSES
Expenses $19,850 · Revenue $57,176
As filed on the 2022 return.
Listed in Part VII
-
David AshbyDAVID ASHBY
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 10
-
Eddie BallardEDDIE BALLARD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 10
-
Van WidgerVAN WIDGER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 10
-
Dennis ClarkDENNIS CLARK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 10
-
Kenneth LottKENNETH LOTT
TREASURER
- Total calculated
- $0
- Hours/week
- 10
-
Pat McCownPAT MCCOWN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 10
-
Judy WallaceJUDY WALLACE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 10
-
Marilyn BattlesMARILYN BATTLES
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 10
-
Debbie DurhamDEBBIE DURHAM
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 10
-
Eric GobleERIC GOBLE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 10
-
Brian GunnelsBRIAN GUNNELS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 10
-
Jonathan BairdJONATHAN BAIRD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 10
-
Paul JensenPAUL JENSEN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 10
-
Mike BaldwinMIKE BALDWIN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 10
-
Charlie LeggCHARLIE LEGG
PRESIDENT
- Total calculated
- $0
- Hours/week
- 10
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.
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.
-
LIFEWORD BROADCAST MINISTRIES INC
501 (C) (3) · MISSIONARY RADIO · AR
-
501 (C) (3) · THEOLOGICAL SEMINARY · TX
-
501 (C) (3) · COLLEGE · AR
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 29 September 2023
- IRS schema version
- 2022v5.0
- Source object
- 202322859349300212
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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