Steadfast Mission Inc
- Assets
- $163.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Montgomery, TX
- Founding
- 03/2013
- Data as of
- 12/2021
- EIN
- 46-1397375
Organization Overview
Steadfast Mission Inc is located in Montgomery, TX. The organization was established in 2013. According to its NTEE Classification (X21) the organization is classified as: Protestant, 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. Steadfast Mission 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, Steadfast Mission Inc generated $33.4k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $14.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
EMPOWER PEOPLE BOTH IN THE STATES AND ABROAD TO FURTHER THE GOSPEL. WE SUPPORT AN ORGANIZATION IN ETHIOPIA (NAMED CARRY 117) THAT PROVIDES DIGNIFYING JOBS FOR WOMEN IN EXTREME POVERTY IN ORDER TO KEEP THEIR FAMILIES IN TACT. THESE WOMEN EARN A FAIR WAGE BY MAKING HANDICRAFTS (JEWELRY AND TEXTILE PRODUCTS SUCH AS PURSES, WALLETS, ETC.). WE PURCHASE THOSE GOODS AND SELL THEM FOR RETAIL IN THE STATES. WE ALSO SEND MISSION TEAMS MULTIPLE TIMES A YEAR TO VOLUNTEER WITH THIS GROUP AND OTHERS IN THE REGION. ALL PROCEEDS GO INTO PURCHASING SUPPLIES AND EMPOWERING AS MANY WOMEN ABROAD AS FINANCIALLY POSSIBLE.
Describe the Organization's Program Activity:
Part 3
SENT A TEAM OF ABOUT 15 PEOPLE TO ETHIOPIA TO VOLUNTEER AND SUPPORT THOSE THAT ARE MAKING THE PRODUCTS WE SELL. ALSO VOLUNTEERED AT OTHER ORGANIZATIONS IN THE AREA THAT ARE PRIMARILY FOCUS ON ORPHAN CARE AND PREVENTION. EXPENSES PAID TOWARD MISSION TRIPS = $55,085
THE BULK OF FUNDS GO INTO THE PURCHASE OF PRODUCT FROM ETHIOPIA THAT IS SOLD FOR RETAIL IN THE STATES. FUNDS ARE USED TO PURCHASE SUPPLIES FOR THESE PRODUCTS AND EMPOWERS ABOUT 20 WOMEN AND STAFF IN ETHIOPIA BY PROVIDING A DIGNIFIED JOB AT A FAIR WAGE. CARRY 117 IS THE ORGANIZATION IN ETHIOPIA THAT WE PARTNER WITH. EXPENSES PAID TO PRODUCT SALES = $104,283.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,013 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $12,212 |
| Total Revenue | $33,434 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $102 |
| Occupancy, rent, utilities, and maintenance | $4,340 |
| Printing, publications, postage, and shipping | $2,999 |
| Other expenses | $7,398 |
| Total expenses | $14,839 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $163,156 |
| Other assets | $0 |
| Total assets | $163,156 |
| Total liabilities | $1,744 |
| Net assets or fund balances | $161,412 |
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