2 Verb Foundation Inc
- Assets
- $0.0
- Revenue
- $1.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Medina, OH
- Founding
- 10/2011
- Data as of
- 12/2022
- EIN
- 27-3521367
Organization Overview
2 Verb Foundation Inc is located in Medina, OH. The organization was established in 2011. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 2 Verb Foundation 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, 2 Verb Foundation Inc generated $1.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (45.7%) each year. All expenses for the organization totaled $192.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, 2 Verb Foundation Inc has awarded 25 individual grants totaling $528,565. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
WYCLIFFE BIBLE TRANSLATORS
HARVEST CHURCH
AMAZON MISSION FOUNDATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bernard A May Jr President | 1 | $0 | |
Donald J Gardner Vice President | 1 | $0 | |
John David Bond Secretary & Treasurer | 2 | $0 | |
Jessica Forman Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,755 |
| Interest on Savings | $11 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,766 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $100 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $265 |
| Other expenses | $95 |
| Total operating and administrative expenses | $1,105 |
| Contributions, gifts, grants paid | $191,389 |
| Total expenses and disbursements | $192,494 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, 2 Verb Foundation Inc has awarded $191,389 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
HARVEST CHURCH PURPOSE: GENERAL FUND DONATION | $15,000 |
WYCLIFFE BIBLE TRANSLATORS PURPOSE: BIBLE TRANSLATIONS | $153,389 |
BEEYOND BORDERS PURPOSE: GENERAL FUND DONATION | $10,000 |
KOG MINISTRIES PURPOSE: GENERAL FUND DONATION | $8,000 |
CHRSITIAN VISION FOR CHINA PURPOSE: GENERAL FUND DONATION | $5,000 |