Mission 2540 FY2023 filing

Tax-deductible

Amarillo, TX501(c)(3)Foundations & GrantmakersEIN 20-1919092Revenue $327K in FY2023

On file with the IRSmission2540.orgPo Box 20771, 79114-2771 · Amarillo, TXTax-exempt since Jan 2005Publicly supported charity — 170(b)(1)(A)(vi)

This page gets seen. Tell your story. Claim this org.

Caring for the needs of children who are poor or disadvantaged.

501(c)(3) charity; gifts are tax-deductible.
78¢ of each $1 spent went to programs.
$89K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $63K a year · 22% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
78%
of spending
Looks good: 78% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$89K
to officers and key staff · 37% of spending
Concern: pay to officers and key staff is 37% of spending; over 30%.
Pt VII · Sec A
Cash reserves
31 mo
of spending, in cash
Looks good: 30.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
6
named funders · $143K
Looks good: 6 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$26K
4% of total assets
Looks good: liabilities are 4% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$327K
+14% vs prior year
Spent
$243K
To programs
78%
Net assets
$595K
By yearFY2020–FY2024
Revenue
$327K
FY2023▲ +14%
Tap a bar for its year
Revenue by fiscal year
FY2020$274K
FY2021$240K
FY2022$287K
FY2023$327K
FY2024$293K
Expenses
$243K
FY2023▲ +16%
Tap a bar for its year
Expenses by fiscal year
FY2020$196K
FY2021$200K
FY2022$210K
FY2023$243K
FY2024$258K
Net assets
$595K
FY2023▲ +16%
Tap a bar for its year
Net assets by fiscal year
FY2020$393K
FY2021$434K
FY2022$511K
FY2023$595K
FY2024$629K

From the FY2023 Form 990 · see the original

Give Claim
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 2005.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

78 cents of each dollar spent went to programs.

Program services 78% · $188K Management & general 22% · $54K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

7 people listed on the 990; $89K paid to officers and key staff.

Part VII, Section A · reportable compensation
President
$89,050Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Vice - Presi
$0Pt VII · Sec A
$0Pt VII · Sec A

Brooks Boyett’s $102K as President is at the 86th percentile of top reported officer pay among 1264 $100K–1M philanthropy & grantmaking nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Brooks Boyett$102,449$89,050$86,710$84,372$79,128

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Mission 2540 executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides for the needs of poor or disadvantaged children.

Questions for Mission 2540

Tap to ask. Mission 2540 sees how many people are interested.

Your first name shows with your question. Mission 2540 answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $188K · in their own filed words · FY2023
01

Bible clubs for various low-income apartment complexes.

$188Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 6 funders →
Grants paid · 5 grants · $104K · 2020–2024
Unitemized GrantFY2024$29,441
Unitemized GrantFY2023$28,839
Unitemized GrantFY2022$14,149
Unitemized GrantFY2021$13,607
Unitemized GrantFY2020$17,878

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$327K
Ln 12
Gifts and grantsLn 1h$237K
Other incomeLn 4–11$74K
Investment incomeLn 3$15K
Money outPt IX
$243K
Ln 25
Programscol B$188K
Managementcol C$54K
Owns and owesPt X
$595K
net assets · Ln 32
Cash and savingsLn 1–2$620K
Total assetsLn 16$621K
LiabilitiesLn 26$26K
PeoplePt VI, VII
7
listed · VII A
PaidVII A1
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$237K
Investment incomeLn 3$15K
Other incomeLn 4–11$74K
Total revenueLn 12$327K
Assets in detailPt X, end of year
CashLn 1$263K
SavingsLn 2$357K
Cash and savings togetherLn 1–2$620K
Land, buildings, equipmentLn 10c$473
Total assetsLn 16$621K
LiabilitiesLn 26$26K
Net assetsLn 32$595K
OperationsPt I, VI
EmployeesI 52
VolunteersI 625
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$534K$620K
Land, buildings, equipmentLn 10c$2K$473
Total assetsLn 16$536K$621K
LiabilitiesLn 26$25K$26K
Net assetsLn 32$511K$595K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$29K$29K
Other salaries and wagesLn 7$114K$91K$22K
Other employee benefitsLn 9$19K$18K$2K
Payroll taxesLn 10$2K$2K
Accounting feesLn 11c$3K$3K
Other fees for servicesLn 11g$409$409
Advertising and promotionLn 12$522$522
Office expensesLn 13$3K$1K$2K
Information technologyLn 14$554$554
OccupancyLn 16$11K$11K
TravelLn 17$6K$3K$3K
Conferences, conventions and meetingsLn 19$833$833
InterestLn 20$7$7
Depreciation, depletion and amortizationLn 22$4K$4K
InsuranceLn 23$8K$8K
Other expenses (24a–d)Ln 24$40K$38K$2K
All other expensesLn 24e$1K$765$427
Total functional expensesLn 25$243K$188K$54K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $293K$258K$35K$629K 990 PDF
FY2023 Viewing $327K$243K$84K$595K 990 PDF
FY2022 $287K$210K$77K$511K 990 PDF
FY2021 $240K$200K$40K$434K 990 PDF
FY2020 $274K$196K$78K$393K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (6 parts)
Part I · Summary $326,719 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $212,915$236,847
I-9 Program service revenue$0
I-10 Investment incomePrior year $6,015$15,433
I-11 Other revenuePrior year $68,284$74,439
I-12 Total revenuePrior year $287,214$326,719
I-13 Grants and similar amounts paidPrior year $14,149$28,839
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $126,368$134,549
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $69,591$79,321
I-18 Total expensesPrior year $210,108$242,709
I-19 Revenue less expensesPrior year $77,106$84,010
Part VI · Governance 7 of 7 board members independent, 3 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $326,719 across 5 lines filed
VIII-1f All other contributions, gifts and grants$236,847
VIII-1h Total contributions, gifts and grants$236,847
VIII-3 Investment incomeExcluded from tax $15,433$15,433
VIII-8 Net income from fundraising events$74,439
VIII-12 Total revenueExcluded from tax $15,433$326,719
Part IX · Statement of functional expenses $242,709 across 17 lines filed
IX-2 Grants to domestic individualsPrograms $28,839$28,839
IX-7 Other salaries and wagesPrograms $91,276 · Management $22,263$113,539
IX-9 Other employee benefitsPrograms $17,600 · Management $1,537$19,137
IX-10 Payroll taxesPrograms $1,873$1,873
IX-11c Accounting feesManagement $3,064$3,064
IX-11g Other fees for servicesManagement $409$409
IX-12 Advertising and promotionPrograms $522$522
IX-13 Office expensesPrograms $1,496 · Management $1,959$3,455
IX-14 Information technologyPrograms $554$554
IX-16 OccupancyManagement $10,800$10,800
IX-17 TravelPrograms $3,151 · Management $3,151$6,302
IX-19 Conferences, conventions and meetingsManagement $833$833
IX-20 InterestPrograms $7$7
IX-22 Depreciation, depletion and amortizationPrograms $4,263$4,263
IX-23 InsuranceManagement $8,385$8,385
IX-24 Other expenses (24a–d)Programs $38,035 · Management $1,500$39,535
IX-24e All other expensesPrograms $765 · Management $427$1,192
IX-25 Total functional expensesPrograms $188,381 · Management $54,328 · Fundraising $0$242,709
Part X · Balance sheet $620,747 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $331,183$263,346
X-2 Savings and temporary cash investmentsStart of year $202,622$356,928
X-10c Land, buildings and equipment, netStart of year $2,247$473
X-16 Total assetsStart of year $536,052$620,747
X-25 Other liabilitiesStart of year $25,422$26,107
X-26 Total liabilitiesStart of year $25,422$26,107
X-27 Net assets without donor restrictionsStart of year $463,467$494,398
X-28 Net assets with donor restrictionsStart of year $47,163$100,242
X-32 Total net assets or fund balancesStart of year $510,630$594,640
X-33 Total liabilities and net assetsStart of year $536,052$620,747
Part XI · Reconciliation of net assets $594,640 net assets at year end
XI-1 Total revenue$326,719
XI-2 Total expenses$242,709
XI-3 Revenue less expenses$84,010
XI-4 Net assets at start of year$510,630
XI-10 Net assets at end of year$594,640

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.