The Mustard Seed Thrift On Mission Inc
- Assets
- $1.6m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 56
- Location
- Floyds Knobs, IN
- Founding
- 04/2016
- Data as of
- 12/2022
- EIN
- 81-0978534
Organization Overview
The Mustard Seed Thrift On Mission Inc is located in Floyds Knobs, IN. The organization was established in 2016. 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, Mustard Seed Thrift On Mission Inc employed 56 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mustard Seed Thrift On 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 12/2022, Mustard Seed Thrift On Mission Inc generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 38.5% each year . All expenses for the organization totaled $1.3m during the year ending 12/2022. While expenses have increased by 32.9% per year over the past 6 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
THE MUSTARD SEED HAS BEEN PLANTED TO SUPPORT CHRISTIAN ORGANIZATIONS THAT ASSIST WITH HEALING AND/OR PREVENTION OF CHILDHOOD SEXUAL ABUSE, AND TO BE A GATEWAY FOR SURVIVORS TO ACCESS RESOURCES TO FACILITATE HEALING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BRICK & MORTAR STORE FRONT - THE MUSTARD SEED STORE FRONT HAD 63,928 CUSTOMERS AND 30,524 DONORS SERVICED IN 2022. EACH ONE OF THOSE CUSTOMERS AND DONORS WERE OPPORTUNITIES TO EDUCATE AND TALK ABOUT THE MISSION WHICH IS TO SUPPORT CHRISTIAN ORGANIZATIONS THAT ASSIST WITH HEALING AND/OR PREVENTION OF CHILDHOOD SEXUAL ABUSE, AND TO BE A GATEWAY FOR SURVIVORS TO ACCESS RESOURCES TO FACILITATE HEALING. THE EDUCATIONAL COMPONENT OF OUR MISSION IS EXTREMELY IMPORTANT, AND IT SETS THE STAGE FOR A SAFE AND ACCEPTABLE PLACE FOR OUR COMMUNITY TO REACH OUT FOR THE HELP THAT THEY DID NOT KNOW WAS AVAILABLE TO THEM. BECAUSE THE TOPIC OF ABUSE IS TALKED ABOUT REGULARLY IN THE STORE, WE ARE CHIPPING AWAY AT THE STIGMA OF SILENCE THAT OFTEN FOLLOWS A SURVIVOR OF ABUSE AND PREVENTS THEM FROM RECEIVING HEALING.
BENEVOLENCE - THE MUSTARD SEED WAS THE POINT OF CONTACT FOR 77 REFERRALS TO AGENCIES THAT DELIVERED DIRECT SERVICES. A TOTAL OF $60,968 WAS CONTRIBUTED TO SOAR MINISTRITIES, OF WHICH $10,968 WAS CONTRIBUTED FOR 250 PROFESSIONAL CONUSELING SESSIONS; $50,000 WAS CONTRIBUTED RO REFUGE FOR WOMEN; AND $43,214 WAS CONTRIBUTED TO CHILPLACE FAMILY SERVICES. DIRECT SERVICES WERE PROVIDED BY MUSTARD SEED STAFF IN THE FORM OF A MEDIA CAMPAIGN, WEBSITE, BROCHURES, AND PUBLIC SPEAKING ENGAGEMENTS. SIGNIFICANT ATTENTION IS DIRECTED TO THE STORE ENVIRONMENT AND HOSPITALITY WHERE SURVIVORS COME AND SHARE THEIR STORIES.
EDUCATION - THE MUSTARD SEED PARTNERED WITH NEW ALBANY FLOYD COUNTY SCHOOL SYSTEM, SILVER CREEK HIGH SCHOOL, CHRISTIAN ACADEMY OF INDIANA, AND NUMEROUS CHURCHES TO PROVIDE VOLUNTEER OPPORTUNITIES FOR OUR COMMUNITY. EDUCATIONAL OPPORTUNITIES FOR THE MUSTARD SEED TO TEACH EACH VOLUNTEER ABOUT OUR MISSION AND HOW TO DIRECT PEOPLE WHO HAVE SUFFERED THROUGH ABUSE TO NEEDED RESOURCES WERE ALSO PROVIDED. WE COMPLETED 5 SPEAKING ENGAGEMENTS AT LOCAL EVENTS ABOUT OUR MISSION, ABUSE, AND AVAILABLE RESOURCES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Heather Adam Board Chair | OfficerTrustee | 2 | $0 |
Stephanie Eichenberger Secretary | OfficerTrustee | 2 | $0 |
Nissa Jacobi Director | Trustee | 2 | $0 |
Mark Mann Ceo/interim Treasurer | OfficerTrustee | 12 | $19,231 |
Jill Warner Vice Chair | OfficerTrustee | 2 | $0 |
Kurt Huntley Treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $15,168 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,168 |
| Total Program Service Revenue | $0 |
| Investment income | $368 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| 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 | $1,538,616 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,576,099 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $167,402 |
| 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. | $219,639 |
| Compensation of current officers, directors, key employees. | $87,856 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $438,138 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $19,343 |
| Payroll taxes | $49,906 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,500 |
| Fees for services: Accounting | $6,214 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $669 |
| Advertising and promotion | $3,888 |
| Office expenses | $43,207 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $155,842 |
| Travel | $6,272 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $831 |
| Interest | $20,136 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $52,881 |
| Insurance | $11,895 |
| All other expenses | $0 |
| Total functional expenses | $1,254,778 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $692,813 |
| Savings and temporary cash investments | $0 |
| 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 | $929,708 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,622,521 |
| Accounts payable and accrued expenses | $6,214 |
| 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 | $581,390 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $9,369 |
| Total liabilities | $596,973 |
| Net assets without donor restrictions | $1,025,548 |
| Net assets with donor restrictions | $0 |
| 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 | $1,622,521 |
Grants Awarded
Over the last fiscal year, The Mustard Seed Thrift On Mission Inc has awarded $160,902 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
SOAR PURPOSE: ADMINISTRATION EXPENSE AND COUNSELING HOURS | $61,688 |
PURE INITIATIVE INC PURPOSE: ADMINISTRATION EXPENSE | $6,000 |
SAFE PASSAGE INC PURPOSE: ADMINISTRATION EXPENSE | $50,000 |
CHILDPLACE FAMILY SERVCIES PURPOSE: ADMINISTRATION EXPENSE | $43,214 |