World Methodist Evangelism Inc
- Assets
- $794.3k
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 6
- Location
- Lafayette, IN
- Founding
- 09/2012
- Data as of
- 12/2021
- EIN
- 45-5386246
Organization Overview
World Methodist Evangelism Inc is located in Lafayette, IN. The organization was established in 2012. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. As of 12/2021, World Methodist Evangelism Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. World Methodist Evangelism 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, World Methodist Evangelism Inc generated $1.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.3% each year . All expenses for the organization totaled $993.2k during the year ending 12/2021. While expenses have increased by 7.4% 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
EQUIPS AND ENCOURAGES CHRIST FOLLOWERS AROUND THE WORLD TO SHARE THEIR FAITH IN THE CONTEXT OF TODAY'S REALITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
ENCOURAGING EVANGELISM MINISTRY IN EVERY LAND AND NETWORKING WITH CHURCHES IN THE METHODIST/WESLEYAN TRADITION AROUND THE WORLD FOR THE PURPOSE OF SPREADING THE GOSPEL OF THE LORD JESUS CHRIST THROUGHOUT THE WORLD SO THAT MORE AND MORE PERSONS WILL COME TO SAVING, TRANSFORMING FAITH IN JESUS CHRIST AND LIVE AS FAITHFUL DISCIPLES OF JESUS CHRIST IN THE REIGN OF GOD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kim Reisman Executive Di | OfficerTrustee | 40 | $125,000 |
Bishop Robert E Fannin Vice Preside | OfficerTrustee | 1 | $0 |
Dr Davis Chappell President | OfficerTrustee | 1 | $0 |
Bishop Sunday Onuoha Secretary | OfficerTrustee | 1 | $0 |
Bishop Darryl Starnes Treasurer | OfficerTrustee | 1 | $0 |
Bishop Paulo T Lockmann Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $75,915 |
| All other contributions, gifts, grants, and similar amounts not included above | $879,331 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $955,246 |
| Total Program Service Revenue | $45,685 |
| Investment income | $13 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $231 |
| 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 | $35,720 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,036,895 |
| 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 | $56,375 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $125,000 |
| Compensation of current officers, directors, key employees. | $12,500 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $286,597 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $5,906 |
| Payroll taxes | $20,609 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,302 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $6,345 |
| Office expenses | $3,826 |
| Information technology | $18,898 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $11,111 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,000 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $22,854 |
| Total functional expenses | $993,231 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $223,602 |
| Savings and temporary cash investments | $64,898 |
| 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 | $0 |
| Investments—publicly traded securities | $505,785 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $794,285 |
| Accounts payable and accrued expenses | $2,910 |
| 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 | $10,094 |
| Total liabilities | $13,004 |
| Net assets without donor restrictions | $170,167 |
| Net assets with donor restrictions | $611,114 |
| 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 | $794,285 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that World Methodist Evangelism Inc has recieved totaling $25,035.
| Awarding Organization | Amount |
|---|---|
C I O S Wilson, WY PURPOSE: GENERAL FUNDS | $25,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $35 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Church Of The Brethren Benefit Trust Inc Elgin, IL | $509,755,287 | $50,694,165 |
Kanakuk Ministries Branson, MO | $43,790,256 | $23,660,219 |
Relevant Radio Inc Lincolnshire, IL | $100,083,301 | $30,552,688 |
Woodhaven Learning Center Columbia, MO | $17,651,573 | $16,164,282 |
Josiah Venture Nfp Wheaton, IL | $16,890,117 | $13,544,001 |
Alpha Usa Naperville, IL | $4,051,813 | $10,198,645 |
Wesley Village Inc Macomb, IL | $11,643,378 | $8,896,317 |
Doulos Ministries Inc Independence, MO | $17,094,809 | $7,030,778 |
Siebert Lutheran Foundation Inc Milwaukee, WI | $97,193,025 | $11,548,581 |
International House Of Prayer Kansas City, MO | $184,048 | $5,377,714 |
Leadership Resources International Palos Heights, IL | $4,418,909 | $4,858,234 |
Vcy America Inc Milwaukee, WI | $9,863,404 | $4,388,148 |