Finisterre Vision
- Assets
- $605.1k
- Revenue
- $988.1k
- Investments
- $0.0
- Employees
- 10
- Location
- Gilbert, AZ
- Founding
- 03/2011
- Data as of
- 12/2022
- EIN
- 27-4251733
Organization Overview
Finisterre Vision is located in Gilbert, AZ. 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. As of 12/2022, Finisterre Vision employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Finisterre Vision 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, Finisterre Vision generated $988.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.2% each year. All expenses for the organization totaled $913.3k during the year ending 12/2022. While expenses have increased by 5.4% 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
MISSIONARY WORK IN THE FINISTERRE MOUNTAINS OF PAPUA-NEW GUINEA, TO BRING THE WORD OF GOD TO THE TRIBES WHO LIVE THERE, ONE-BY-ONE, TRANSLATING THE BIBLE INTO THEIR NATIVE LANGUAGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RAISED 343,000 FOR MINISTRY RECRUITMENT, TRAINING, AND OPERATIONAL COSTS FOR BOTH THE US AND THE FIELD OFFICE. OUR FIELD OFFICE EXPLORED PARTNERSHIP WITH A LOCAL CHURCH IN TOWN FOR A FUTURE PASTORAL TRAINING CENTER, AND INVESTIGATED TRANSLATION PROJECTS TO ENGAGE IN WITHIN THE TRADE LANGUAGE. IN PARTNERSHIP WITH A LOCAL CHURCH, RECRUITED, QUALIFIED, AND TRAINED THE NEW FIELD DIRECTOR FOR OUR FIELD OFFICE. SOLIDIFIED OUR RELATIONSHIP WITH A MISSIONARY TRAINING MINISTRY THAT FINISTERRE WILL BE ABLE TO RECRUIT AND SEND MISSIONARIES FROM. RECRUITED AND EXPLORED PARTNERSHIP WITH FOUR US CHURCHES TO SEND A NEW TEAM INTO THE RURAL/REMOTE AREAS OF PNG AND ADDITIONAL STAFF FOR OUR FIELD OFFICE IN TOWN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Maxwell President | OfficerTrustee | 40 | $84,440 |
Jeremy Lehman COO | Officer | 40 | $66,352 |
Andrew Yates Director | Trustee | 5 | $0 |
Phillip Smith Director | Trustee | 5 | $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 | $928,163 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $928,163 |
| Total Program Service Revenue | $299 |
| Investment income | $5,884 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $53,791 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $988,137 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $15,519 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $214 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $205,129 |
| Compensation of current officers, directors, key employees. | $68,376 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $437,878 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,637 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,125 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,615 |
| Advertising and promotion | $3,576 |
| Office expenses | $24,801 |
| Information technology | $13,667 |
| Royalties | $0 |
| Occupancy | $33,502 |
| Travel | $116,630 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,938 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $16,548 |
| Insurance | $5,756 |
| All other expenses | $0 |
| Total functional expenses | $913,311 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $79,466 |
| Savings and temporary cash investments | $494,551 |
| 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 | $881 |
| Net Land, buildings, and equipment | $19,088 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $10,833 |
| Other assets | $318 |
| Total assets | $605,137 |
| 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 | $9,459 |
| Total liabilities | $9,459 |
| Net assets without donor restrictions | $186,662 |
| Net assets with donor restrictions | $409,016 |
| 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 | $605,137 |
Grants Awarded
Over the last fiscal year, Finisterre Vision has awarded $15,519 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
GRACE BRETHREN CHURCH - COVENTRY PURPOSE: Church operations | $15,419 |
OTHERS UNDER REPORTING THRESHOLD | | | $100 |