Encouraging Word Inc
- Assets
- $793.3k
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 8
- Location
- Spartanburg, SC
- Founding
- 04/2006
- Data as of
- 03/2022
- EIN
- 20-1829608
Organization Overview
Encouraging Word Inc is located in Spartanburg, SC. The organization was established in 2006. According to its NTEE Classification (X50) the organization is classified as: Buddhism, under the broad grouping of Religion-Related and related organizations. As of 03/2022, Encouraging Word Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Encouraging Word Inc 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 03/2022, Encouraging Word Inc generated $1.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $1.4m during the year ending 03/2022. While expenses have increased by 2.1% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE ENCOURAGING WORD IS TO SHARE GOD'S TRUTH WITH A SEARCHING WORLD. IT'S PURPOSE IS TO GLORIFY GOD BY TEACHING AND PREACHING THE MESSAGE OF CHRIST TO ALL WE CAN BY EVERY AVAILABLE MEANS IN SUCH A WAY THAT PEOPLE ACCEPT CHRIST AND BECOME ACTIVE FOLLOWERS OF JESUS THROUGH A LOCAL CHRISTIAN CHURCH. THIS IS DONE PRIMARILY THROUGH NATIONAL TELEVISION BROADCASTS OF MESSAGES BY DR. DON WILTON. THE ENCOURAGING WORD ALSO DISTRIBUTES MINISTRY RESOURCES AND HAS A 24 HOUR TOLL-FREE PRAYER LINE AT (866) 899-WORD(9673).
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ENCOURAGING WORD BROADCASTS THE MESSAGES OF DR. DON WILTON NATIONALLY ON TELEVISION AND THROUGH ITS WEBSITE. THOUSAND OF LIVES ARE BEING CHANGED AS PEOPLE ACCEPT CHRIST AND ARE ENCOURAGED SPIRITUALLY BECAUSE OF MINISTRY.
THE ENCOURAGING WORD PROVIDES A 24 HOUR TOLL-FREE PRAYER LINE AT (866)899-WORD(9673).
THE ENCOURAGING WORD DISTRIBUTES MINISTRY RESOURCES INCLUDING AUDIO, VIDEO AND PRINTED MEDIA TO SPREAD THE WORD OF GOD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sam Davis Executive Director | Officer | 20 | $27,156 |
Greg Easterlin Secretary/treasurer | OfficerTrustee | 0 | $0 |
Michael N Swaim Vice President | OfficerTrustee | 0 | $0 |
Dr Donald J Wilton President/chairman | OfficerTrustee | 0 | $0 |
Sally Love Director | Trustee | 0 | $0 |
Bill Stewart Director | Trustee | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mm Communications Communications | 3/30/22 | $140,248 |
Lightquest Media Inc Media/advertising Specialists | 3/30/22 | $380,308 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $13,440 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,256,775 |
| Noncash contributions included in lines 1a–1f | $13,440 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,270,215 |
| Total Program Service Revenue | $0 |
| Investment income | $1,276 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $80,763 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,352,254 |
| 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 | $0 |
| 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 | $205,624 |
| Pension plan accruals and contributions | $16,719 |
| Other employee benefits | $55,363 |
| Payroll taxes | $22,954 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,875 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,795 |
| Advertising and promotion | $745 |
| Office expenses | $121,755 |
| Information technology | $21,062 |
| Royalties | $0 |
| Occupancy | $2,100 |
| Travel | $74 |
| 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 | $7,456 |
| Insurance | $20,803 |
| All other expenses | $250,724 |
| Total functional expenses | $1,354,673 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $401,470 |
| Savings and temporary cash investments | $171,067 |
| 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 | $50,255 |
| Prepaid expenses and deferred charges | $28,849 |
| Net Land, buildings, and equipment | $37,595 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $3,650 |
| Other assets | $100,394 |
| Total assets | $793,280 |
| 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 | $55,591 |
| Total liabilities | $55,591 |
| Net assets without donor restrictions | $484,058 |
| Net assets with donor restrictions | $253,631 |
| 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 | $793,280 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Encouraging Word Inc has recieved totaling $106,670.
| Awarding Organization | Amount |
|---|---|
Spartanburg County Foundation Spartanburg, SC PURPOSE: GENERAL SUPPORT | $63,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: RELIGION RELATED | $42,750 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $670 |
Melvin & Dollie Younts Foundation Fountain Inn, SC PURPOSE: UNRESTRICTED | $250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Goodcoin Foundation Charleston, SC | $2,902,105 | $7,447,485 |
Encouraging Word Inc Spartanburg, SC | $793,280 | $1,352,254 |
South Carolina Falun Dafa Association Greer, SC | $135,618 | $712,489 |
Heartwood Refuge Hendersonville, NC | $2,013,186 | $309,824 |
Tu Vien Truc Lam Buddhist Central Inc Riverdale, GA | $1,941,563 | $418,470 |
Southern Dharma Retreat Center Inc Hot Springs, NC | $1,396,796 | $438,249 |
Sangha Bhiksu Buddhist Association Lawrenceville, GA | $1,683,037 | $360,966 |
Georgia Meditation Center Inc Atlanta, GA | $2,923,465 | $320,641 |
North Carolina Buddhist Association Raleigh, NC | $2,050,764 | $213,804 |
Master Rumas International Association For Buddhist Meditatio Dublin, GA | $439,754 | $133,124 |
Phuoc Hai Buddhist Temple Charlotte, NC | $987,281 | $314,584 |
Vien Ngo Buddhist Temple Inc Loganville, GA | $7,976 | $0 |