Sword Of The Lord Foundation
- Assets
- $3.9m
- Revenue
- $620.4k
- Investments
- $38.6k
- Employees
- 35
- Location
- Murfreesboro, TN
- Founding
- 06/1955
- Data as of
- 12/2020
- EIN
- 36-2212715
Organization Overview
Sword Of The Lord Foundation is located in Murfreesboro, TN. The organization was established in 1955. According to its NTEE Classification (X83) the organization is classified as: Religious Printing & Publishing, under the broad grouping of Religion-Related and related organizations. As of 12/2020, Sword Of The Lord Foundation employed 35 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sword Of The Lord Foundation 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 12/2020, Sword Of The Lord Foundation generated $620.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (12.2%) each year. All expenses for the organization totaled $1.0m during the year ending 12/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
PUBLISH AND DISTRIBUTE CHRISTIAN LITERATURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SWORD OF THE LORD SUBSCRIPTION FULLFILLMENT BI-WEEKLY NEWSPAPER OF SERMONS, CHRISTIAN READING, AND ADS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Shelton Smith Chairman | Officer | 40 | $94,500 |
Marlon Smith Executive VP | OfficerTrustee | 40 | $52,807 |
Bart Walker Treasurer | OfficerTrustee | 40 | $44,229 |
Marie Frala Secretary | OfficerTrustee | 40 | $24,670 |
Norris Belcher 2nd Vice Cha | OfficerTrustee | 1 | $0 |
George Alquist 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 | $1,047,615 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,047,615 |
| Total Program Service Revenue | $14,434 |
| Investment income | $7,951 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $31,418 |
| 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 | -$707,241 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $620,448 |
| 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. | $216,206 |
| Compensation of current officers, directors, key employees. | $18,384 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $29,413 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $39,415 |
| Payroll taxes | $18,344 |
| 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 | $0 |
| Advertising and promotion | $8,867 |
| Office expenses | $27,988 |
| Information technology | $0 |
| Royalties | $22,962 |
| Occupancy | $59,992 |
| Travel | $41,709 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $19,739 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $208,092 |
| Insurance | $21,762 |
| All other expenses | $69,752 |
| Total functional expenses | $1,022,209 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $99,501 |
| Savings and temporary cash investments | $562,234 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $31,347 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $100,000 |
| Inventories for sale or use | $864,534 |
| Prepaid expenses and deferred charges | $1,327 |
| Net Land, buildings, and equipment | $2,244,741 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $38,554 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,942,238 |
| Accounts payable and accrued expenses | $180,831 |
| Grants payable | $0 |
| Deferred revenue | $130,357 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $80,000 |
| Secured mortgages and notes payable | $166,386 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $222,637 |
| Total liabilities | $780,211 |
| Net assets without donor restrictions | $3,158,602 |
| Net assets with donor restrictions | $3,425 |
| 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 | $3,942,238 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Sword Of The Lord Foundation has recieved totaling $34.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $34 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ewtn News Inc Irondale, AL | $1,918,192 | $16,381,481 |
Gods World Publications Inc Asheville, NC | $5,264,725 | $11,160,512 |
Oak Spring Garden Foundation Upperville, VA | $320,424,904 | $24,563,668 |
National Catholic Reporter Publishing Company Kansas City, MO | $17,137,826 | $9,019,634 |
Knoxville Leadership Foundation Knoxville, TN | $5,333,605 | $4,089,168 |
The R H Boyd Company Nashville, TN | $13,997,405 | $1,644,843 |
Arlington Catholic Herald Inc Arlington, VA | $2,675,214 | $2,744,696 |
Truth For Today World Mission School Inc Searcy, AR | $8,904,427 | $4,531,764 |
St Louis Jewish Light St Louis, MO | $821,508 | $1,121,152 |
Sword Of The Lord Foundation Murfreesboro, TN | $3,942,238 | $620,448 |
Presbyterian Outlook Found Inc Richmond, VA | $657,059 | $780,760 |
Celebrating Grace Inc Macon, GA | $3,084,830 | $800,976 |