242 Network
- Assets
- $48.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hernando, MS
- Founding
- Data as of
- 12/2021
- EIN
- 47-1706045
Organization Overview
242 Network is located in Hernando, MS. 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. 242 Network is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE 242 NETWORK IS A CHURCH PLANTING NETWORK THAT IS LEVERAGING RESOURCES IN A DISENGAGED CULTURE TO MULTIPLY HEALTHY CHURCHES. IN ACCORDANCE WITH THIS MISSION, THE 242 NETWORK SEEKS TO BRING GLORY TO GOD THROUGH KINGDOM RELATIONSHIPS WITH INDIVIDUALS AND CHURCHES WHO SHARE IN OUR UNIQUE BIBLICAL CALLING TO SEE HEALTHY CHURCH PLANTERS'DEVELOP AND CULTIVATE HEALTHY CHURCHES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Smith Director | 1 | $0 | |
Jason Ford Director | 1 | $0 | |
Greg Belser President | 1 | $0 | |
Jeff Walters Treasurer | 1 | $0 | |
Guy Burke Secretary | 1 | $0 | |
Kathryn Mayo Financial Se | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $127,850 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $127,850 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $107,051 |
| Professional fees and other payments to independent contractors | $975 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $25,033 |
| Total expenses | $133,059 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $48,165 |
| Other assets | $0 |
| Total assets | $48,165 |
| Total liabilities | $907 |
| Net assets or fund balances | $47,258 |
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