Twenty20 Faith Inc
- Assets
- $19.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cedar Park, TX
- Founding
- 03/2019
- Data as of
- 12/2022
- EIN
- 82-4755688
Organization Overview
Twenty20 Faith Inc is located in Cedar Park, TX. The organization was established in 2019. According to its NTEE Classification (X83) the organization is classified as: Religious Printing & Publishing, 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. Twenty20 Faith 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, Twenty20 Faith Inc generated $97.0k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 32.3% each year . All expenses for the organization totaled $91.8k during the year ending 12/2022. While expenses have increased by 33.2% per year over the past 3 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
AS OF DECEMBER 31, 2022, TWENTY20 FAITH MANAGES 282 DEVOTIONAL PUBLICATIONS IN 47 LANGUAGES, AND HAS ACHIEVED A CUMULATIVE READERSHIP LEVEL OF 2.33 MILLION SUBSCRIPTIONS TO OUR PUBLICATIONS. AS OF DECEMBER 31, 2022, 6,566 PEOPLE HAVE BEEN ENGAGED WITH MINISTRY AND GUIDANCE HAVING EXPRESSED A NEW OR RENEWED COMMITMENT TO THE CHRISTIAN FAITH.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David J Swandt Jr Secretary Director | 2 | $0 | |
Jack Featherston Treasurer Director | 4 | $0 | |
Brandon Frye Director | 2 | $0 | |
Kevin Jones Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $96,405 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $596 |
| Total Revenue | $97,001 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $56,347 |
| Professional fees and other payments to independent contractors | $8,175 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $27,327 |
| Total expenses | $91,849 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $19,088 |
| Other assets | $0 |
| Total assets | $19,088 |
| Total liabilities | $0 |
| Net assets or fund balances | $19,088 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Twenty20 Faith Inc has recieved totaling $11.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $11 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rhema For The Nations Inc Arlington, TX | $109,090 | $3,497,036 |
Prophecy Watchers Inc Oklahoma City, OK | $2,102,531 | $3,358,704 |
Truth For Today World Mission School Inc Searcy, AR | $8,904,427 | $4,531,764 |
Good Faith Media Norman, OK | $777,804 | $1,966,334 |
International Bible Association Dallas, TX | $1,916,333 | $274,630 |
Lamp And Light Publishers Inc Farmington, NM | $2,028,061 | $1,091,303 |
Baptist Standard Publishing Co Plano, TX | $7,713,665 | $700,835 |
Involved International Inc Tulsa, OK | $211,399 | $633,805 |
Arkansas Baptist Newsmagazine Inc Little Rock, AR | $755,217 | $521,448 |
Jubal Band Ministries Mckinney, TX | $235,616 | $752,469 |
Gospel Minutes Publications Inc Fort Worth, TX | $75,619 | $621,953 |
Texas Impact Education Fund Austin, TX | $719,286 | $275,020 |