Good Shepherd Mission 1
- Assets
- $479.5k
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 2
- Location
- Federal Way, WA
- Founding
- 05/2012
- Data as of
- 12/2021
- EIN
- 45-4337475
Organization Overview
Good Shepherd Mission 1 is located in Federal Way, WA. The organization was established in 2012. 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, Good Shepherd Mission 1 employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Good Shepherd Mission 1 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, Good Shepherd Mission 1 generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.4% each year . All expenses for the organization totaled $1.3m during the year ending 12/2021. While expenses have increased by 11.1% 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.
Since 2015, Good Shepherd Mission 1 has awarded 43 individual grants totaling $128,755. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ORGANIZED TO EVANGELIZE WORLDWIDE THROUGH SUPPORTING MISSIONARIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION VISITS CHURCHES AND CONTACT INDIVIDUALS TO GATHER FUNDS TO SUPPORT MISSIONARIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kyoung Sik Kim President | Officer | 30 | $9,600 |
Myung Jin Kim Office Secretary | Officer | 20 | $8,400 |
Hun Lee Secretary | Officer | 20 | $0 |
Robi Seo Treasurer | Officer | 10 | $0 |
Sunkyu Hwang Director | Trustee | 0 | $0 |
John Jongho Hwang Director | Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $11,800 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,154,509 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,166,309 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $1,166,309 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $20,305 |
| Grants and other assistance to domestic individuals. | $146,315 |
| Grants and other assistance to Foreign Orgs/Individuals | $922,955 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $18,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,461 |
| 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 | $9,764 |
| Office expenses | $11,661 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $75,253 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,236 |
| Insurance | $0 |
| All other expenses | $33,539 |
| Total functional expenses | $1,278,334 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $112,123 |
| Savings and temporary cash investments | $83,478 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $42,538 |
| 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 | $241,392 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $479,531 |
| Accounts payable and accrued expenses | $21,933 |
| 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 | $81,450 |
| Unsecured mortgages and notes payable | $16,198 |
| Other liabilities | $0 |
| Total liabilities | $119,581 |
| Net assets without donor restrictions | $359,950 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $479,531 |
Grants Awarded
Over the last fiscal year, Good Shepherd Mission 1 has awarded $20,305 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
PEACE MISSION | | | $8,800 |
GRACE MISSION UNIV | | | $4,305 |
SHARON HOUSE PURPOSE: mission work | $3,600 |
MANNA MISSION | | | $2,400 |
GIDEON FELLOWSHIP INTERNETIONAL | | | $1,200 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Good Shepherd Mission 1 has recieved totaling $3,600.
| Awarding Organization | Amount |
|---|---|
Fish 153 Foundation Seattle, WA PURPOSE: SUPPORT PASTORS IN MISSION | $3,600 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Union Gospel Mission Of Yakima Wash Yakima, WA | $12,139,044 | $14,954,134 |
Lynden Christian School Lynden, WA | $25,367,637 | $13,182,296 |
Luis Palau Association Portland, OR | $14,968,196 | $16,675,451 |
Village Missions Dallas, OR | $5,481,807 | $8,833,787 |
Community Development Inc Garden City, ID | $42,153,213 | $14,412,416 |
Alaska Christian College Soldotna, AK | $12,266,516 | $4,929,517 |
Black Diamond Camps Auburn, WA | $11,118,087 | $4,787,824 |
Serving Usa Inc Camas, WA | $2,399,183 | $3,743,258 |
Cannon Beach Conference Center Cannon Beach, OR | $14,722,335 | $5,412,142 |
Gospel Outreach College Place, WA | $2,908,412 | $3,734,664 |
Bible Mennonite Fellowship Mcminnville, OR | $7,686,540 | $4,194,046 |
Interfaith Works Olympia, WA | $6,843,935 | $4,685,238 |