American Waldensian Aid Society
- Assets
- $1.8m
- Revenue
- $222.7k
- Investments
- $0.0
- Employees
- 2
- Location
- Valdese, NC
- Founding
- 09/1938
- Data as of
- 12/2021
- EIN
- 13-5562166
Organization Overview
American Waldensian Aid Society is located in Valdese, NC. The organization was established in 1938. According to its NTEE Classification (X90) the organization is classified as: Interfaith Coalitions, under the broad grouping of Religion-Related and related organizations. As of 12/2021, American Waldensian Aid Society employed 2 individuals. This organization is the central organization for a national or regional group of organizations. American Waldensian Aid Society is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, American Waldensian Aid Society generated $222.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $236.2k during the year ending 12/2021. While expenses have increased by 2.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
AMERICAN WALDENSIAN AID SOCIETY FOSTERS DIALOGUE AND PARTNERSHIP AMONG WALDENSIAN CHURCHES IN ITALY AND SOUTH AMERICA AND CHRISTIAN CHURCHES WITHIN NORTH AMERICA IN ORDER TO PROMOTE A COMPELLING VISION OF WALDENSIAN CHRISTIAN WITNESS FOR NORTH AMERICA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION IS DEDICATED TO RAISING FUNDS TO SUPPORT THE WALDENSIAN CHURCH IN ITALY AND ELSEWHERE THROUGH EVANGELISTIC, INSTITUTIONAL, AND EDUCATIONAL WORK.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rev Dr Carol Bechtel Executive Director | Officer | 1 | $25,000 |
Prof Bradley G Lewis President | OfficerTrustee | 1 | $0 |
Dr Tara Powell Vice-President | OfficerTrustee | 1 | $0 |
Rev Kellie Browne Secretary | OfficerTrustee | 1 | $0 |
Dr Kim Rostan Treasurer | OfficerTrustee | 1 | $0 |
Dr Euan Cameron Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $177,272 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $177,272 |
| Total Program Service Revenue | $0 |
| Investment income | $33,666 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $11,785 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $222,733 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $51,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $37,075 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $321 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $13,677 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $2,442 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $918 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $964 |
| Total functional expenses | $236,183 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $247,463 |
| Savings and temporary cash investments | $19,716 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,547,845 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,815,024 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $123,964 |
| Total liabilities | $123,964 |
| Net assets without donor restrictions | $1,308,585 |
| Net assets with donor restrictions | $382,475 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,815,024 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that American Waldensian Aid Society has recieved totaling $3,886.
| Awarding Organization | Amount |
|---|---|
Mary Ellen Bell Tr Ua Columbus, OH PURPOSE: GENERAL SUPPORT | $3,886 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
International Board Of Jewish Missions Inc Hixson, TN | $2,718,251 | $3,563,282 |
Inter-Faith Council For Social Service Carrboro, NC | $15,899,972 | $3,883,430 |
Freedom In Christ Inc Candler, NC | $5,188,211 | $4,960,348 |
Faith In Serving Humanity Inc Monroe, GA | $1,805,555 | $2,585,390 |
Fundamental Baptist World-Wide Mission Inc Memphis, TN | $211,852 | $2,147,963 |
Wilson County Interfaith Services Inc Wilson, NC | $1,151,971 | $1,372,066 |
Haiti180 Inc Gallatin, TN | $2,661,386 | $1,891,178 |
Irf Secretariat Arlington, VA | $57,504 | $973,336 |
Great Lakes Outreach Inc Charleston, SC | $542,547 | $839,976 |
No Greater Joy Ministries Inc Pleasantville, TN | $1,223,754 | $1,283,810 |
Virginia Interfaith Center For Public Policy Richmond, VA | $1,414,922 | $1,134,889 |
Missionary Air Group Inc Burlington, NC | $573,689 | $787,575 |