Reaching Unreached Nations Inc
- Assets
- $5.8m
- Revenue
- $15.9m
- Investments
- $0.0
- Employees
- 6
- Location
- Virginia Beach, VA
- Founding
- 08/1991
- Data as of
- 12/2021
- EIN
- 54-1563242
Organization Overview
Reaching Unreached Nations Inc is located in Virginia Beach, VA. The organization was established in 1991. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. As of 12/2021, Reaching Unreached Nations Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Reaching Unreached Nations 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, Reaching Unreached Nations Inc generated $15.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.8% each year . All expenses for the organization totaled $12.5m during the year ending 12/2021. While expenses have increased by 10.5% 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
THE MISSION OF RUN MINISTRIES IS TO BRING THE REVELATION OF GOD AND HIS KINGDOM TO UNREACHED PEOPLES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RUN MINISTRIES PROVIDES CHURCH PLANTERS WITH THE TOOLS TO WORK AMONG UNREACHED PEOPLE WITH EVANGELISM, ORALITY, AND BIBLE TRANSLATION TOOLS. THE ORGANIZATION EQUIPS THE LOCAL CHURCH TO RESCUE AND CARE FOR THOUSANDS OF VICTIMS AFFECTED BY REGIONAL WARS. RUN MINISTRIES PROVIDES TRAINING FOR HOUSE CHURCH LEADERS, NATIONAL LEADERS, SPECIALIZED MINISTRIES, AND PROJECT RELATED INITIATIVES. THE ORGANIZATION PROVIDES CHURCHES WITH WORLD CLASS DIGITAL AUDIO, VIDEO, AND PRINTING TOOLS. RUN MINISTRIES ALSO PROVIDES LOCAL CHURCHES AROUND THE WORLD WITH THE TOOLS NECESSARY TO HELP ESTABLISH HEALTHY, REPRODUCING CHURCHES AMONG UNREACHED AND UNENGAGED PEOPLES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric G Watt President/chairman | OfficerTrustee | 40 | $210,000 |
Bruce M Garner Director | Trustee | 1 | $0 |
Michael Paul Fletcher Director | Trustee | 1 | $0 |
Jim Graff Director | Trustee | 1 | $0 |
Kay Hiramine Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Donna Testa Media Llc Consulting/communications Services | 12/30/21 | $204,231 |
Donna Testa Fundraising Development & Media | 12/30/21 | $109,046 |
Cm Group Llc Contract Labor | 12/30/21 | $110,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $2,091,890 |
| Related organizations | $0 |
| Government grants | $146,195 |
| All other contributions, gifts, grants, and similar amounts not included above | $13,872,885 |
| Noncash contributions included in lines 1a–1f | $943,680 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,110,970 |
| Total Program Service Revenue | $0 |
| Investment income | $2,374 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$212,001 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $3,016 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $15,911,313 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $11,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $210,000 |
| Compensation of current officers, directors, key employees. | $126,000 |
| Compensation to disqualified persons | $50,000 |
| Other salaries and wages | $169,384 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $24,762 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,545 |
| Fees for services: Accounting | $8,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $103,179 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $641,576 |
| Advertising and promotion | $81,310 |
| Office expenses | $368,810 |
| Information technology | $104,451 |
| Royalties | $0 |
| Occupancy | $69,590 |
| Travel | $210,557 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $960 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,689 |
| Insurance | $0 |
| All other expenses | $68,221 |
| Total functional expenses | $12,481,363 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,247,257 |
| Savings and temporary cash investments | $510,270 |
| 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 | $149 |
| Net Land, buildings, and equipment | $42,670 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,800,346 |
| Accounts payable and accrued expenses | $65,287 |
| 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 | $65,287 |
| Net assets without donor restrictions | $2,039,037 |
| Net assets with donor restrictions | $3,696,022 |
| 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 | $5,800,346 |
Grants Awarded
Over the last fiscal year, Reaching Unreached Nations Inc has awarded $44,429 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
North Wales, PA PURPOSE: General Support | $22,429 |
Richmond, VA PURPOSE: General Support | $12,000 |
U CRISIS SUPPORT PURPOSE: General Support | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 13 grants that Reaching Unreached Nations Inc has recieved totaling $3,269,456.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: SUPPORT | $1,584,823 |
Finishing Fund Management Inc Prospect, KY PURPOSE: PROJECT SUPPORT | $700,000 |
Harold C Smith Foundation Wheaton, IL PURPOSE: PERSECUTED CHURCH - RESCUING 1,000 AFGHAN ORPHANS OF WAR | $432,000 |
Servant Foundation Overland Park, KS PURPOSE: RELIGIOUS MINISTRY | $138,500 |
Schwab Charitable Fund San Francisco, CA PURPOSE: RELIGION RELATED | $128,920 |
American Endowment Foundation Hudson, OH PURPOSE: HUMAN SERVICE | $120,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
World Help Forest, VA | $11,135,096 | $40,493,708 |
Corporate Chaplains Of America Inc Wake Forest, NC | $14,993,771 | $19,711,827 |
Choice Books Of Northern Virginia Inc Bristow, VA | $30,496,266 | $18,835,763 |
Joint Aid Management Washington, DC | $746,764 | $14,702,645 |
Reaching Unreached Nations Inc Virginia Beach, VA | $5,800,346 | $15,911,313 |
Precept Ministries Of Reach Out Inc Chattanooga, TN | $10,987,140 | $15,669,576 |
Lake Junaluska Assembly Inc Lake Junaluska, NC | $31,377,440 | $12,754,761 |
Holy Angels Inc Belmont, NC | $12,927,862 | $9,334,354 |
Physician Assistant Education Association Washington, DC | $20,449,567 | $13,289,693 |
Joshua Fund McLean, VA | $5,014,805 | $7,059,858 |
Proverbs 31 Ministry Inc Matthews, NC | $13,247,275 | $7,018,606 |
Sojourners Washington, DC | $8,156,798 | $7,188,761 |