Sowing Circle
- Assets
- $11.4m
- Revenue
- $330.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Lake Forest, CA
- Founding
- 04/1998
- Data as of
- 12/2021
- EIN
- 33-0754078
Organization Overview
Sowing Circle is located in Lake Forest, CA. The organization was established in 1998. 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. Sowing Circle 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 12/2021, Sowing Circle generated $330.5k 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 (10.8%) each year. All expenses for the organization totaled $1.4m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (16.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Sowing Circle has awarded 133 individual grants totaling $8,628,704. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
BLUE LETTER BIBLE
MINISTRY ASSISTANCE
SHORT-TERM MISSIONS
EVANGELISM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James P Milligan Chairman | 20 | $79,617 | |
Andrew J Guastaferro Cfo/coo | 2 | $5,843 | |
Kenneth Buckley Board Member | 0.5 | $1,500 | |
Stephen M Greenberg Secretary | 0.5 | $1,000 | |
Frank B Rabinovitch Board Member | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Davis Technology | 12/30/15 | $95,256 |
Insight Information Services | 12/30/15 | $57,804 |
David Larsen | 12/30/15 | $50,895 |
Insight Information Services | 12/30/15 | $0 |
Davis Technology | 12/30/15 | $0 |
David Larsen | 12/30/15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $44,477 |
| Interest on Savings | $81,265 |
| Dividends & Interest | $100,126 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $103,686 |
| Capital Gain Net Income | $103,686 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $900 |
| Total Revenue | $330,454 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $317,716 |
| Other employee salaries and wages | $14,271 |
| Pension plans, employee benefits | $11,472 |
| Interest | $0 |
| Taxes | $9,634 |
| Depreciation | $50,135 |
| Occupancy | $11,937 |
| Travel, conferences, and meetings | $281 |
| Printing and publications | $0 |
| Other expenses | $20,792 |
| Total operating and administrative expenses | $437,848 |
| Contributions, gifts, grants paid | $940,381 |
| Total expenses and disbursements | $1,378,229 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $189,768 |
| Savings and temporary cash investments | $7,827,905 |
| 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 | $1,900,000 |
| 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 | $1,437,481 |
| Other assets | $0 |
| Total assets | $11,355,154 |
| Accounts payable and accrued expenses | $201,745 |
| 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 | $201,745 |
Grants Awarded
Over the last fiscal year, Sowing Circle has awarded $940,381 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
Lake Forest, CA PURPOSE: MISSIONS | $622,360 |
Riverside, CA PURPOSE: MISSIONS | $100,000 |
REVERENCE BIBLE CHURCH PURPOSE: PASTORAL SUPPORT/MINISTRY | $60,000 |
Irvine, CA PURPOSE: PASTORAL SUPPORT | $32,311 |
Santa Barbara, CA PURPOSE: THEOLOGICAL EDUCATION | $25,000 |
ACCORDING TO PROPHECY PURPOSE: THEOLOGICAL EDUCATION | $25,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Sowing Circle has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Innovia Foundation Spokane, WA PURPOSE: LAMBERT DOLPHIN MINISTRIES | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Amazing Facts International Granite Bay, CA | $89,775,280 | $35,047,793 |
Kingdom Causes Long Beach, CA | $4,022,983 | $21,219,613 |
Youth With A Mission San Diego-Baja Chula Vista, CA | $22,048,486 | $17,148,909 |
Christ-Centered Ministries Inglewood, CA | $3,642,191 | $13,458,260 |
Neighborhood Ministries Inc Phoenix, AZ | $8,839,353 | $14,695,989 |
Latino Coalition For Community Leadership Bakersfield, CA | $2,661,885 | $14,445,845 |
Hope Services Hawaii Inc Hilo, HI | $6,998,663 | $14,894,055 |
Living Stream Anaheim, CA | $110,298,756 | $20,926,950 |
Luis Palau Association Portland, OR | $14,968,196 | $16,675,451 |
Rescue International Dana Point, CA | $7,874,025 | $9,695,100 |
Community Build Inc Los Angeles, CA | $3,997,471 | $9,365,253 |
Lake Mission Viejo Association Mission Viejo, CA | $11,099,981 | $7,973,182 |