Dm Multiplied Inc
- Assets
- $398.4k
- Revenue
- $570.4k
- Investments
- $0.0
- Employees
- 6
- Location
- Beaumont, TX
- Founding
- 10/2013
- Data as of
- 12/2021
- EIN
- 45-2386941
Organization Overview
Dm Multiplied Inc is located in Beaumont, TX. The organization was established in 2013. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Dm Multiplied Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dm Multiplied 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 12/2021, Dm Multiplied Inc generated $570.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.6% each year . All expenses for the organization totaled $438.2k during the year ending 12/2021. While expenses have increased by 6.9% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TRAINING CHURCH LEADERS IN THE ENTIRE WORLD, WITH A NEW, SPECIAL FOCUS ON TRAINING YOUNG ADULTS FOR A LIFETIME OF SERVICE
Describe the Organization's Program Activity:
Part 3 - Line 4a
LEADERS TRAINED BY DM2 CONTINUED DM2 TRAINING PROGRAMS IN ASIA, AFRICA, SOUTH AMERICA, MEXICO, AND THE UNITED STATES. DESPITE THE CONTINUED COVID TRAVEL RESTRICTIONS, WE WERE ABLE TO GO TO ZAMBIA AND DO A WORKSHOP IN MAY AND ANOTHER ONE IN MEXICO IN DECEMBER. OTHER THAN THAT, WE HAVE STILL NOT BEEN ABLE TO TRAVEL ABROAD BUT HAVE CONTINUED TO MAINTAIN AND STRENGTHEN CONTACTS AND AFFILIATIONS WITH OUR OVERSEAS CONSTITUENTS. MANY HAVE CONTINUED TO BE DISCIPLED THROUGH OUR ONGOING EFFORTS. MANY TEACHER AND STUDENT MANUALS WERE PRINTED AND DISTRIBUTED, AS WELL AS BIBLES. WE WERE ABLE TO PROVIDE A PHOTOCOPIER/PRINTER FOR THE FIELD OF LIBERIA. NEW CURRICULUM WAS DEVELOPED: 1 PETER AND THE CREATION TO CHRIST. WE CONTINUED MULTIPLE WORKSHOPS VIA THE INTERNET ON A DAILY/WEEKLY BASIS. WE ALSO HELD NUMEROUS IN-PERSON YOUTH WORKSHOPS, ALONG WITH A WOMEN'S WORKSHOP IN THE SUMMER.
WE STARTED TWO HUBS FOR DISCIPLE-MAKING, FOCUSED PRIMARILY ON YOUNG ADULTS, IN HOPES OF LEVERAGING DISCIPLE MAKING FOR MANY YEARS TO COME. ONE TRAINING PROGRAM WAS STARTED IN BEAUMONT TEXAS IN CONJUNCTION WITH BEAUMONT BIBLE CHURCH. THE OTHER TRAINING PROGRAM WAS STARTED IN BOLIVIA, SOUTH AMERICA, WHERE STUDENTS ARE NOW BEING TRAINED FOR LONG-TERM, EFFECTIVE MINISTRY/DISCIPLESHIP. THESE WERE HERCULEAN EFFORTS, AND THOUGH COSTLY, THEY WERE VERY ECONOMICAL IN COMPARISON TO OTHER SIMILAR MODELS. STAFFING WAS ADDED TO OUR GROWING MINISTRY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bret W Nazworth President | OfficerTrustee | 50 | $75,971 |
Wanda Nazworth Secretary | Officer | 30 | $11,380 |
David Howard Director | Trustee | 1.5 | $0 |
John Clark Director | Trustee | 1.5 | $0 |
Robert Ambs Director | Trustee | 1.5 | $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 | $558,465 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $558,465 |
| Total Program Service Revenue | $10,230 |
| Investment income | $81 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $570,421 |
| 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 | $18,886 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $87,351 |
| Compensation of current officers, directors, key employees. | $11,380 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $75,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,897 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,031 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $15,009 |
| Office expenses | $69,368 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $43,988 |
| Travel | $437 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $62,639 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,033 |
| Insurance | $1,348 |
| All other expenses | $0 |
| Total functional expenses | $438,165 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $354,285 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $44,096 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $398,381 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $398,381 |
| Total liabilities and net assets/fund balances | $398,381 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Dm Multiplied Inc has recieved totaling $36,600.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: EVANGELISM | $26,600 |
Schwab Charitable Fund San Francisco, CA PURPOSE: RELIGION RELATED | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Trinity Christian Center Of Santa Ana Inc Fort Worth, TX | $220,989,355 | $120,975,345 |
Central Missionary Clearinghouse Inc Houston, TX | $6,419,067 | $44,656,736 |
Parish Episcopal School Dallas, TX | $99,531,938 | $38,441,453 |
Omega Charitable Developers Inc Houston, TX | $6,275,678 | $33,763,984 |
Rightnow Ministries International McKinney, TX | $45,408,215 | $33,884,225 |
Newman International Academy Arlington, TX | $46,580,877 | $32,428,105 |
Pine Cove Inc Tyler, TX | $43,410,564 | $33,919,246 |
Interfaith Ministries For Greater Houston Houston, TX | $17,611,753 | $29,868,273 |
Bible Study Fellowship San Antonio, TX | $20,886,435 | $27,831,196 |
Hosanna Albuquerque, NM | $66,066,591 | $27,487,086 |
Apartment Life Inc Bedford, TX | $5,807,926 | $23,558,847 |
Liberty Educational Ministries Inc Argyle, TX | $56,879,806 | $25,424,585 |