Totals
- Total revenue
- $5,107,508
- Total expenses
- $5,050,168
- Contributions and grants received
- $4,143,115
- Grants paid
- $2,163,602
- Program service revenue
- $930,576
- Investment income
- $13,056
- Other revenue
- $20,761
- Total assets, end of year
- $2,650,116
- Total liabilities, end of year
- $2,595,932
- Net assets or fund balances, end of year
- $54,184
- Program services expenses (Part IX)
- $4,404,626
- Management and general expenses
- $386,276
- Fundraising expenses
- $259,266
- Program service expenses (Part III)
- $4,404,626
Program services were 87.2% 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
$4,143,115
-
2a · Program service revenue: Tuition & Fee Revenue
total $900,596 · related or exempt $900,596
-
2b · Program service revenue: Conference and Seminar
total $29,980 · related or exempt $29,980
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $13,056 · excluded $13,056
-
5 · Royalties
total $284 · excluded $284
-
6a · Gross rents
real property $8,400
-
6b · Less rental expenses
real property $6,182
-
6c · Rental income or loss
real property $2,218 · personal property $0
-
6d · Net rental income or loss
total $2,218 · excluded $2,218
-
7c · Gain or loss
securities $0 · other assets $0
-
10a · Gross sales of inventory
$10,584
-
10c · Net income from sales of inventory
total $10,584 · related or exempt $10,584
-
11d · All other revenue
total $7,675 · related or exempt $0 · unrelated business $0 · excluded $7,675
-
11e · Other revenue, total
$7,675
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $569 · program services $569
-
3 · Grants to foreign organizations and individuals
total $2,163,033 · program services $2,163,033
-
5 · Compensation of officers, directors and key employees
total $267,994 · program services $123,839 · management and general $100,715 · fundraising $43,440
-
6 · Compensation of disqualified persons
total $209,185 · program services $178,365 · management and general $23,106 · fundraising $7,714
-
7 · Other salaries and wages
total $1,152,983 · program services $945,655 · management and general $110,343 · fundraising $96,985
-
8 · Pension plan contributions
total $40,999 · program services $34,390 · management and general $920 · fundraising $5,689
-
9 · Other employee benefits
total $32,466 · program services $17,427 · management and general $3,159 · fundraising $11,880
-
10 · Payroll taxes
total $79,986 · program services $58,566 · management and general $13,343 · fundraising $8,077
-
11b · Fees: legal
total $16,500 · management and general $16,500
-
11c · Fees: accounting
total $25,460 · management and general $25,460
-
11g · Fees: other
total $67,502 · program services $0 · management and general $38,187 · fundraising $29,315
-
12 · Advertising and promotion
total $3,178 · program services $2,350 · management and general $46 · fundraising $782
-
13 · Office expenses
total $39,299 · program services $31,018 · management and general $5,166 · fundraising $3,115
-
14 · Information technology
total $45,289 · program services $38,347 · management and general $4,106 · fundraising $2,836
-
15 · Royalties
total $210 · program services $210
-
16 · Occupancy
total $382,499 · program services $363,135 · management and general $3,829 · fundraising $15,535
-
17 · Travel
total $151,371 · program services $117,635 · management and general $15,769 · fundraising $17,967
-
19 · Conferences, conventions and meetings
total $135,458 · program services $104,857 · management and general $18,074 · fundraising $12,527
-
20 · Interest
total $18,540 · program services $14,119 · management and general $2,615 · fundraising $1,806
-
21 · Payments to affiliates
total $7,945 · program services $7,600 · management and general $204 · fundraising $141
-
22 · Depreciation, depletion and amortization
total $11,667 · program services $8,884 · management and general $1,646 · fundraising $1,137
-
23 · Insurance
total $44,245 · program services $40,837 · management and general $3,088 · fundraising $320
-
24a · Other expenses: Academic Credit & Visa Fees
total $66,019 · program services $66,019
-
24b · Other expenses: Field Trips
total $58,778 · program services $58,778
-
24c · Other expenses: School Supplies
total $23,879 · program services $23,879
-
24d · Other expenses: Food Services
total $5,114 · program services $5,114
-
24e · All other expenses
total $0 · program services $0 · management and general $0 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $548,760 · end of year $269,704
-
2 · Savings and temporary cash investments
beginning of year $127,912 · end of year $363,906
-
4 · Accounts receivable
beginning of year $310,260 · end of year $470,344
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $23,400 · end of year $52,442
-
10a · Land, buildings and equipment: cost or other basis
$0
-
10b · Land, buildings and equipment: accumulated depreciation
$0
-
10c · Land, buildings and equipment, net
end of year $0
-
11 · Investments: publicly traded securities
beginning of year $80,000 · end of year $85,466
-
12 · Investments: other securities
beginning of year $0
-
13 · Investments: program-related
beginning of year $0
-
14 · Intangible assets
end of year $338,333
-
15 · Other assets
beginning of year $160,885 · end of year $1,069,921
-
17 · Accounts payable and accrued expenses
beginning of year $293,313 · end of year $280,371
-
19 · Deferred revenue
beginning of year $139,375 · end of year $294,840
-
22 · Loans and payables to officers and key people
end of year $0
-
23 · Secured mortgages and notes payable
beginning of year $660,800 · end of year $950,800
-
24 · Unsecured notes and loans payable
beginning of year $0
-
25 · Other liabilities
beginning of year $160,885 · end of year $1,069,921
-
27 · Net assets without donor restrictions
beginning of year -$6,077 · end of year -$236,548
-
28 · Net assets with donor restrictions
beginning of year $2,921 · end of year $290,732
Mission and programs · 2023
Mission
The 4.2.20 Foundation, Inc. is committed to accelerating access and engagement with the whole Word of God for every language, culture, and people.
Activities or mission (Part I)
To advance access and engagement with the whole Word of God for every language, culture, and people.
-
The Institute for Biblical Languages and Translation (IBLT) resources the Bible translation movement by training translators and consultants in Biblical Hebrew, Oral Translation, and Deaf Translation. It also prepares Hebrew speakers, both Jewish and Arab, to be translation consultants and checkers. The IBLT draws from the expertise of premier local institutions while enhancing learning in the unique context of the Holy Land and its people. The goal of the Institute for Biblical Languages and Translation is to enable the training of sufficient consultants and mother tongue translators so that translation of the Old Testament can begin in every language by the year 2033. Following the worldwide pandemic, we were able to re-open our residential programs in the Holy Land, while continuing development and implementation of a distance learning program (Hebrew Extension Learning Program) which serves many more translators and consultants globally, to enable exponential multiplication of whole Bible translations. See our full Annual Report at https://www.flipsnack.com/BF6CD8BBDC9/annual-report-2023-going-beyond/full-view.html.
Expenses $4,404,626 · Grants $2,163,602 · Revenue $941,160
As filed on the 2023 return.
Listed in Part VII
-
David Swarr
President & CEO
- Total calculated
- $166,769
- From this org
- $156,236
- From related orgs
- $0
- Other
- $10,533
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $156,236
- Bonus
- $0
- Other
- $0
- Deferred
- $9,993
- Nontaxable benefits
- $540
- Filer's total
- $166,769
-
Lori Miller
Board Member/Treasurer & Secretary
- Total calculated
- $0
- Hours/week
- 4
-
Samuel Chiang
Chairman
- Total calculated
- $0
- Hours/week
- 5
-
Aaron D Hornkohl
Board Member
- Total calculated
- $0
- Hours/week
- 4
-
Chua Siang Guan
Board Member
- Total calculated
- $0
- Hours/week
- 4
-
David Hamilton
Board Member
- Total calculated
- $0
- Hours/week
- 4
-
Greg Anderson
Board Member
- Total calculated
- $0
- Hours/week
- 4
-
Jane Pleace
Board Member
- Total calculated
- $0
- Hours/week
- 4
-
Ram Gidoomal
Board Member
- Total calculated
- $0
- Hours/week
- 4
-
Daniel Araujo
CFO
- Total calculated
- $101,225
- From this org
- $95,223
- From related orgs
- $0
- Other
- $6,002
- Hours/week
- 40
-
Randall Buth
Academic Provost & VP, IBLT
- Total calculated
- $113,712
- From this org
- $106,417
- From related orgs
- $0
- Other
- $7,295
- Hours/week
- 40
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
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.
-
Mahon 4220 Ltd
C Corporation · School of Biblical Hebrew · IS · 100% owned · share of income $1,500,596 · controlled entity
Directly controlled by 4220 Foundation
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 15 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202433209349318748
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