Reconciliation Ministries International Inc
- Assets
- $853.3k
- Revenue
- $658.3k
- Investments
- $0.0
- Employees
- 2
- Location
- DeSoto, TX
- Founding
- 06/2009
- Data as of
- 12/2022
- EIN
- 26-3703999
Organization Overview
Reconciliation Ministries International Inc is located in DeSoto, TX. The organization was established in 2009. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2022, Reconciliation Ministries International Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Reconciliation Ministries International 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 12/2022, Reconciliation Ministries International Inc generated $658.3k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 12.5% each year . All expenses for the organization totaled $437.0k during the year ending 12/2022. While expenses have increased by 10.8% per year over the past 8 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
RECONCILIATION MINISTRIES INTERNATIONAL IS A CHISTIAN EVANGELICAL ORGANIZATION DEDICATED TO PREACHING AND TEACHING THE WORD OF GOD IN OVER 60 COUNTRIES AROUND THE WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EVANGELICAL PREACHING AND TEACHING IN MORE THAN 60 COUNTRIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Guy Nkeng Peh President | OfficerTrustee | 60 | $18,000 |
Ilke Vanhoecke Director | Trustee | 60 | $12,000 |
Kay Kendall Director | Trustee | 1 | $0 |
Michael Willcot Director | Trustee | 1 | $0 |
Jacqueline Willcot Director | 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 | $622,250 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $622,250 |
| Total Program Service Revenue | $0 |
| Investment income | $106 |
| 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 | $19,568 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $658,327 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $48,360 |
| Grants and other assistance to domestic individuals. | $11,223 |
| Grants and other assistance to Foreign Orgs/Individuals | $88,949 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $72,000 |
| Compensation of current officers, directors, key employees. | $10,800 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,027 |
| Payroll taxes | $2,295 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $311 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,008 |
| Advertising and promotion | $299 |
| Office expenses | $7,044 |
| Information technology | $2,007 |
| Royalties | $0 |
| Occupancy | $17,661 |
| Travel | $72,970 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $59 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $42,298 |
| Insurance | $1,588 |
| All other expenses | $4,204 |
| Total functional expenses | $436,990 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $28,124 |
| Savings and temporary cash investments | $383,097 |
| 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 | $442,042 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $853,263 |
| Accounts payable and accrued expenses | $7,672 |
| 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 | $0 |
| Total liabilities | $7,672 |
| Net assets without donor restrictions | $845,591 |
| Net assets with donor restrictions | $0 |
| 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 | $853,263 |
Grants Awarded
Over the last fiscal year, Reconciliation Ministries International Inc has awarded $36,510 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
RHEMA MINISTRIES PURPOSE: Spread the Gospel | $21,510 |
CHRIST FOR THE NATIONS PURPOSE: Spread the Gospel | $15,000 |