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Nonprofiteer
← STANITA FOUNDATION

Form 990 for tax year 2022

Filed by STANITA FOUNDATION.

Totals

Total revenue
$6,081,840
Total expenses
$6,081,840
Contributions and grants received
$0
Grants paid
$6,081,840
Program service revenue
$0
Investment income
$6,081,840
Other revenue
$0
Total assets, end of year
$38,486,610
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$38,486,610
Program services expenses (Part IX)
$6,081,840
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$6,081,840

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 $6,081,840 · excluded $6,081,840

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $6,081,840 · program services $6,081,840

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 $37,313,806 · end of year $38,484,610

  • 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 $37,313,806 · end of year $38,484,610

Mission and programs · 2022

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 USA, INC'S PROJECTS THROUGH THEIR EVERY COMMUNITY FOR CHRIST INITIATIVE. EVERY COMMUNITY FOR CHRIST (ECC) WORKS IN OVER 51 COUNTRIES WITH OVER 100 MINISTRY PARTNERS. THEIR STRATEGY IS TO TRAIN TRAINERS FOR MULTIPLICATION OF CHURCHES. THEIR ECC TRAINING USES TWO TRAINING METHODOLOGIES, TRAIN & MULTIPLY AND VILLAGE CHURCH PLANTING, TO MOBILIZE MEN AND WOMEN IN THE LOCAL CHURCH TO KNOW THEIR IDENTITY IN CHRIST, GIVE A 30 SECOND TESTIMONY, SHARE THE GOSPEL WITH 3 CIRCLES AND LEAD AN "I AM SECOND" BIBLE STUDY. THROUGH THE WORK OF ECC, MORE THAN 252,792 DECISIONS FOR CHRIST WERE MADE LAST YEAR. ADDITIONALLY, OVER 125,136 WERE BAPTIZED, AND MORE THAN 14,215 NEW WORSHIPING GROUPS WERE STARTED.

    Expenses $6,081,840 · Grants $6,081,840

As filed on the 2022 return.

Listed in Part VII

  • Robert Fetherin

    CHAIRMAN (1/1/22-6/30/22)

    Total calculated
    $101,269
    From this org
    $0
    From related orgs
    $89,564
    Other
    $11,705
    Hours/week
    1 + 40 related

  • Jeff Edwards

    CHAIRMAN (7/1/22-CURRENT)

    Total calculated
    $97,247
    From this org
    $0
    From related orgs
    $92,519
    Other
    $4,728
    Hours/week
    1 + 40 related

  • Kurt Bishop

    TREASURER (1/1/22-9/6/22)

    Total calculated
    $0
    Hours/week
    1

  • Robert Cavell

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Wes Lytle

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Chris Williams

    TRUSTEE

    Total calculated
    $66,631
    From this org
    $0
    From related orgs
    $44,934
    Other
    $21,697
    Hours/week
    1 + 40 related

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 $81,567,131 · share of assets $41,904,793 · controlled entity

    Directly controlled by STANITA FOUNDATION

Provenance

Return type
form_990
Tax year
2022
Filed
24 July 2023
IRS schema version
2022v5.0
Source object
202342079349300424

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