Mosaic Center For Spiritual Formation is located in Sugar Land, TX. According to its NTEE Classification (X20) the organization is classified as: Christianity, 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. Mosaic Center For Spiritual Formation 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 12/2023, Mosaic Center For Spiritual Formation generated $179.0k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 11.5% each year . All expenses for the organization totaled $165.2k during the year ending 12/2023. While expenses have increased by 13.9% per year over the past 2 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.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Wu Executive Dir. | 40 | $28,800 | |
Cynthia Wu Managing Dir | 40 | $28,800 | |
Kimberly Nash Alexander Director | 5 | $0 | |
Marcos Leon Director | 5 | $0 | |
David Wang Director | 5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $179,046 |
| 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 | $179,046 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $136,658 |
| Professional fees and other payments to independent contractors | $3,639 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $247 |
| Other expenses | $24,681 |
| Total expenses | $165,225 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $49,699 |
| Other assets | $0 |
| Total assets | $49,699 |
| Total liabilities | $0 |
| Net assets or fund balances | $49,699 |