Firm Foundation In Christ Ministries Inc
- Assets
- $97.4k
- Revenue
- $599.2k
- Investments
- $0.0
- Employees
- 4
- Location
- Beaverton, OR
- Founding
- 08/2014
- Data as of
- 12/2022
- EIN
- 46-3741710
Organization Overview
Firm Foundation In Christ Ministries Inc is located in Beaverton, OR. The organization was established in 2014. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2022, Firm Foundation In Christ Ministries Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Firm Foundation In Christ Ministries 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 12/2022, Firm Foundation In Christ Ministries Inc generated $599.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.3% each year . All expenses for the organization totaled $659.7k during the year ending 12/2022. While expenses have increased by 17.7% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
FFICM HELPS NEW BELIEVERS BUILD A FIRM FOUNDATION FOR THEIR FAITH BASED ON A STRONG RELATIONSHIP WITH CHRIST. FFICM PROGRAMS TEACH HOW TO FOLLOW UP WITH NEW BELIEVERS AND ENABLE THEM TO HAVE A STRONG RELATIONSHIP WITH CHRIST.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TRAINING AND EQUIPPING:FFICM EQUIPS NATIONAL EVANGELISTS, PASTORS, AND CHURCH LEADERS TO EVANGELIZE, AS WELL AS FOLLOW UP WITH NEW BELIEVERS. WE TRAIN THEM TO SHOW NEW BELIEVERS HOW TO DEVELOP A LIFE-LONG FAITH IN JESUS. MOST TRAININGS ARE FOR A FULL WEEK, AT THE END OF WHICH EACH PARTICIPANT HAS PRACTICED EVANGELISM AND FOLLOW-UP IN THE CLASSROOM AND OUTSIDE IN THE SURROUNDING VILLAGES. WE EQUIP EACH PERSON WITH MATERIALS THAT HAVE BEEN TRANSLATED AND ADAPTED TO THEIR CULTURE, SO THAT THEY CAN CONTINUE TO EFFECTIVELY REACH PEOPLE IN THEIR AREA AND TRAIN OTHERS IN EVANGELISM AND FOLLOW-UP. EACH PARTICIPANT IS EXPECTED TO TRAIN AT LEAST 10 OTHERS. THEIR SUPERVISORS HELP AND ENCOURAGE THEM TO REACH THEIR GOAL.
CONFERENCES: FFICM WORKS WITH NATIONAL ORGANIZATIONS IN CONDUCTING LARGE-SCALE CONFERENCES(1,000-15,000 ATTENDEES), TEACHING NATIONAL LEADERS AND CHURCH MEMBERS EVANGELISM AND FOLLOW-UP. THE PARTICIPANTS ARE PASSIONATE ABOUT EITHER EVANGELISM OR FULL TIME GOSPEL WORK. AFTER THE CONFERENCES ARE OVER, MANY OF THE PARTICIPANTS GO DO AN OUTREACH AND PUT INTO PRACTICE WHAT THEY JUST LEARNED.
STRATEGY AND MATERIALS: WE ARE CONSTANTLY DEVELOPING MATERIALS FOR OUR TRAININGS AND CONFERENCES. THESE MATERIALS ARE IN LANGUAGES THAT ARE ACCESSIBLE TO THEM, AND ARE CONSTANTLY BEING HONED AND REFINED TO MEET THEIR UNIQUE SITUATIONS AND CIRCUMSTANCES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Gardner President | OfficerTrustee | 50 | $73,000 |
Doug Hoy Board Member | Trustee | 5 | $0 |
Deborah Sezov Board Member | Trustee | 2.5 | $0 |
Bulus Galadima Board Member | Trustee | 1.5 | $0 |
Keith Larson Board Member | Trustee | 1 | $0 |
Nathan Theophanes Board Chair | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $38,858 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $562,854 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $601,712 |
| Total Program Service Revenue | $0 |
| Investment income | $14 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$2,570 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $599,156 |
| 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 | $176,610 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $103,000 |
| Compensation of current officers, directors, key employees. | $15,450 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $243,374 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $20,050 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,385 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $645 |
| Advertising and promotion | $6,429 |
| Office expenses | $9,726 |
| Information technology | $6,681 |
| Royalties | $0 |
| Occupancy | $12,007 |
| Travel | $43,842 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $400 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,772 |
| Insurance | $3,827 |
| All other expenses | $0 |
| Total functional expenses | $659,661 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $63,378 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $28,056 |
| 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 | $1,502 |
| Net Land, buildings, and equipment | $4,429 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $97,365 |
| Accounts payable and accrued expenses | $33,533 |
| 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 | $33,533 |
| Net assets without donor restrictions | $2,451 |
| Net assets with donor restrictions | $61,381 |
| 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 | $97,365 |