White Horse Inc
- Assets
- $4.9m
- Revenue
- $3.0m
- Investments
- $0.0
- Employees
- 29
- Location
- San Diego, CA
- Founding
- 02/2011
- Data as of
- 06/2022
- EIN
- 27-0565982
Organization Overview
White Horse Inc is located in San Diego, CA. The organization was established in 2011. According to its NTEE Classification (X80) the organization is classified as: Religious Media & Communications, under the broad grouping of Religion-Related and related organizations. As of 06/2022, White Horse Inc employed 29 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. White Horse 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 06/2022, White Horse Inc generated $3.0m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $3.8m during the year ending 06/2022. 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
TO PROMOTE THE ADVANCEMENT OF THE CHRISTIAN FAITH FROM A PROTESTANT PERSPECTIVE THROUGH BROADCASTING, PUBLISHING, AND THE DISSEMINATION OF RECORDED MESSAGES, PUBLIC SPEAKING EDUCATIONAL EFFORTS AND MATTERS RELATED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CORE CHRISTIANITY -DEDICATED TO HELPING THE BODY OF CHRIST TRANSFORM THEIR STORY FROM BEING ABOUT THEMSELVES TO BEING ABOUT GOD THROUGH CURATE, CREATE, AND COMMUNICATE. WE HAVE ESTABLISHED AN ONLINE PORTAL WITH RECOURSES AND BIBLE STUDIES TO ASSIST ALL LEVELS TO EXPLORE THE WORD OF GOD.
PRODUCTION OF MODERN REFORMATION MAGAZINE - AN EDUCATIONAL RESOURCE FOR PASTORS AND LAYPEOPLE TO LEARN ABOUT THEOLOGICAL ISSUES RELEVANT TO TODAY FROM A REFORMED PERSPECTIVE.
PRODUCTION OF WHITE HORSE INN RADIO BROADCAST - HOSTS ADVANCE THE CHRISTIAN FAITH FROM A REFORMED PERSPECTIVE BY INTERVIEWING GUESTS ABOUT CONTEMPORARY ISSUES AND ANALYZING THESE IN LIGHT OF SCRIPTURE AND REFORMED PERSPECTIVE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Green President | OfficerTrustee | 40 | $168,090 |
David Merchant | 40 | $117,437 | |
Christopher Thibodeau Finance Director | 40 | $115,100 | |
Michael Horton Director | OfficerTrustee | 40 | $96,883 |
Derek Lewis Director | Trustee | 2 | $0 |
Karl Willock Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $1,128,500 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,486,309 |
| Noncash contributions included in lines 1a–1f | $86,783 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,614,809 |
| Total Program Service Revenue | $66,377 |
| Investment income | -$345,708 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $304 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$6,007 |
| Net Income from Fundraising Events | -$353,045 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,976,730 |
| 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. | $506,921 |
| Compensation of current officers, directors, key employees. | $81,107 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,111,831 |
| Pension plan accruals and contributions | $41,600 |
| Other employee benefits | $135,676 |
| Payroll taxes | $122,044 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $125,333 |
| Advertising and promotion | $0 |
| Office expenses | $144,884 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $87,120 |
| Travel | $193,712 |
| 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 | $69,899 |
| Insurance | $13,340 |
| All other expenses | $154,759 |
| Total functional expenses | $3,784,655 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,605,280 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $16,289 |
| Accounts receivable, net | $11,392 |
| Loans from Officers, Directors, or Controlling Persons | $179 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $260,072 |
| Net Land, buildings, and equipment | $163,794 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,816,757 |
| Total assets | $4,873,763 |
| Accounts payable and accrued expenses | $286,287 |
| Grants payable | $0 |
| Deferred revenue | $51,487 |
| 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 | $1 |
| Total liabilities | $337,775 |
| Net assets without donor restrictions | $2,014,895 |
| Net assets with donor restrictions | $2,521,093 |
| 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 | $4,873,763 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that White Horse Inc has recieved totaling $516,214.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: CULTURE | $205,314 |
Schwab Charitable Fund San Francisco, CA PURPOSE: RELIGION RELATED | $115,900 |
Weiser Foundation Fort Worth, TX PURPOSE: CHRISTIAN MINISTRY | $100,000 |
The Josetta Fund Boston, MA PURPOSE: RELIGIOUS AND SPIRITUAL | $50,000 |
Truman Heartland Community Foundation Independence, MO PURPOSE: GENERAL SUPPORT | $25,000 |
Thrivent Charitable Impact & Investing Appleton, WI PURPOSE: GENERAL SUPPORT | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Northwest Energy Supply Cooperative Portland, OR | $4,850,835 | $9,634,429 |
Haven Ministries Riverside, CA | $2,297,820 | $5,311,221 |
White Horse Inc San Diego, CA | $4,873,763 | $2,976,730 |
Living Waters Publications Bellflower, CA | $5,056,879 | $4,625,688 |
Trans Church Research Irvine, CA | $2,285,158 | $2,675,184 |
Quiet Hour Redlands, CA | $7,611,407 | $1,956,518 |
The Tidings Los Angeles, CA | $212,677 | $1,691,823 |
Sean Feucht Ministries Inc Redding, CA | $4,625,342 | $5,314,148 |
Hope Of All Nations Westminster, CA | $124,685 | $892,650 |
Catholic Broadcasting Northwest Inc Portland, OR | $3,843,580 | $1,017,523 |
Elijah List Ministries Inc Albany, OR | $831,154 | $1,544,008 |
Hischannel Ministries Santa Ana, CA | $555,267 | $1,103,089 |