Above & Beyond Missions INC FY2020 filing

Cornelius, NCUnknown exempt organization EIN 30-0786624Revenue $136K in FY2020Latest return filed Mar 8, 2024

On file with the IRSaboveandbeyondmissions.orgCornelius, NC

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An inter-denominational foundation that exists to end spiritual poverty through the sending of short-term missionaries. We assist missionaries facing financial obstacles to raise funds for their personal mission trip fee by rewarding serving in their local community. As of the end of 2021, we have assisted 1,300 global messengers go to 89 nations. They have volunteered 19,245 hours through 470 local organizations to receive their Above & Beyond reward. Through our funding, we have accelerated the ministry of 14 indigenous leaders serving in hard-to-reach nations. Due to the global COVID-19 pandemic, international travel was challenged for most of 2021 and therefore carrying out our mission was restricted.

Form 990 Part I, line 1, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 30-0786624) · Dispute this line
82¢ of each $1 spent went to programs.
$65K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2023
latest Form 990
The latest return is for FY2023, 3 tax years back.
IRS e-file · Filing history
Surplus or deficit
3 of 4
filings with a surplus
Average deficit $252K a year · 243% of revenue · last 4 filings
A surplus in 3 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
82%
of spending
82% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$65K
to officers and key staff · 71% of spending
Pay to officers and key staff is 71% of spending.
Part VII, Section A
20.1 mo
of spending, in cash
Plus $913K in investments, Pt X · Ln 11–13
20.1 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $222
1 funder names it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$5K
0.5% of total assets
Liabilities are 0.5% of assets.
Pt X · Ln 26
Independent board members
8
of 9 voting members
8 of 9 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$136K
Spent
$92K
To programs
82%
Net assets
$1.1M
By yearFY2020–FY2023
Revenue
$136K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$136K
FY2021$157K
FY2022$105K
FY2023$17K
Expenses
$92K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$92K
FY2021$101K
FY2022$102K
FY2023$1.1M
Net assets
$1.1M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$1.1M
FY2021$1.3M
FY2022$1.1M
FY2023$0

From the FY2020 Form 990 · see the original

You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2023) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2023.

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

Where the money goes

82 cents of each dollar spent went to programs.

Program services 82% · $75K Management & general 18% · $17K

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

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Who runs it and what they're paid

9 people listed on the 990; $65K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
Executive Dir.
$65,000Pt VII · Sec A
Chair & Pres.
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

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

NameFY2023FY2022FY2021FY2020
Michelle Hoverson$49,000$38,000$38,000$65,000

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 Above & Beyond Missions INC executive salaries →

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 15aYes

Programs and updates

Helps missionaries fund trips by rewarding community service.

Questions for Above & Beyond Missions INC

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1 program · $75K · in their own filed words · FY2020
01

Above & Beyond is an inter-denominational missions ministry that motivates short-term missionaries to start their missionary journey first by serving in ones own community. Through the SERVE LOCAL GO GLOBAL program, non-profits gain volunteers, short-term missionaries earn funding, global ministries are strengthened, and Christ is made…

Form 990 Part III, line 4, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 30-0786624) · Dispute this line
$75Kprogram 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 · FY2023
Total grants receivedfrom 1 funder$222
Grants paid · 13 grants · $1.2M · 2020–2023
Heres Life AfricaTX · FY2023$325,000
Favor International INCFL · FY2023$325,000
With Open Eyes Foundation INCNC · FY2023$150,000
Iran Alive Ministries INCTX · FY2023$100,000
Friends of Fountain of HopeOH · FY2023$50,000
Unitemized GrantFY2023$40,385
Teach Every Nation USA INCGA · FY2023$25,000
Cornelius Foursquare ChurchNC · FY2023$22,500
Unitemized GrantFY2022$48,193
Unitemized GrantFY2021$46,778
Unitemized GrantFY2020$75,423

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$136K
Ln 12
Gifts and grantsLn 1h$107K
Investment incomeLn 3$25K
Other incomeLn 4–11$4K
Money outPt IX
$92K
Ln 25
Programscol B$75K
Managementcol C$17K
Owns and owesPt X
$1.1M
net assets · Ln 32
Cash and savingsLn 1–2$155K
Total assetsLn 16$1.1M
LiabilitiesLn 26$5K
PeoplePt VI, VII
9
listed · VII A
PaidVII A1
Voting boardVI 1a9
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$107K
Investment incomeLn 3$25K
Other incomeLn 4–11$4K
Gains on assetsLn 7$2K
Total revenueLn 12$136K
Assets in detailPt X, end of year
CashLn 1$155K
Cash and savings togetherLn 1–2$155K
Accounts receivableLn 4$15K
InvestmentsLn 11–13$913K
Total assetsLn 16$1.1M
LiabilitiesLn 26$5K
Net assetsLn 32$1.1M
OperationsPt I, VI
EmployeesI 50
VolunteersI 612
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3More from this return
EndowmentSch D · Pt V
LineFY20FY19FY18FY17FY16
End of yearLn 1g$913K$793K$630K$599K$440K
AddedLn 1b$48K$54K$61K$115K$98K
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$179K$155K
InvestmentsLn 11–13$798K$913K
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$988K$1.1M
LiabilitiesLn 26$0$5K
Net assetsLn 32$988K$1.1M
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$75K$75K
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of officers and key staff (Part IX, line 5)Ln 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$600$600
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$180$180
Office expensesLn 13$0
Information technologyLn 14$3K$3K
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$49$49
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$1K$1K
Other expenses (24a–d)Ln 24$10K$10K
All other expensesLn 24e$3K$3K
Total functional expensesLn 25$92K$75K$17K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2023 LatestFiled with the IRS Mar 8, 2024 $17K$1.1M−$1.1M$0 990 PDF
FY2022Filed with the IRS Jul 17, 2023 $105K$102K$3K$1.1M 990 PDF
FY2021Filed with the IRS Nov 10, 2022 $157K$101K$56K$1.3M 990 PDF
FY2020 ViewingFiled with the IRS Nov 11, 2021 $136K$92K$44K$1.1M 990 PDF

Schedules filed Part IV

D · Assets and endowments I · Grants O · Explanations
See the full FY2020 990
Part I · Summary $136,381 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $231,264$107,045
I-9 Program service revenue$0
I-10 Investment incomePrior year $26,203$25,383
I-11 Other revenuePrior year $11,900$3,953
I-12 Total revenuePrior year $269,367$136,381
I-13 Grants and similar amounts paidPrior year $76,670$75,423
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $33,266$16,745
I-18 Total expensesPrior year $109,936$92,168
I-19 Revenue less expensesPrior year $159,431$44,213
Part VI · Governance 8 of 9 board members independent, no flags
VI-1a Voting members of the governing body9
VI-1b Independent voting members8
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $136,381 across 9 lines filed
VIII-1f All other contributions, gifts and grants$107,045
VIII-1h Total contributions, gifts and grants$107,045
VIII-3 Investment incomeExcluded from tax $22,961$22,961
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assetsRelated to mission $2,422$2,422
VIII-8 Net income from fundraising events$3,670
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $283$283
VIII-12 Total revenueRelated to mission $2,705 · Excluded from tax $22,961$136,381
Part IX · Statement of functional expenses $92,168 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individualsPrograms $75,423$75,423
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of officers and key staff (Part IX, line 5)$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesManagement $600$600
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-12 Advertising and promotionManagement $180$180
IX-13 Office expenses$0
IX-14 Information technologyManagement $2,759$2,759
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 TravelManagement $49$49
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 InsuranceManagement $1,103$1,103
IX-24 Other expenses (24a–d)Management $9,500$9,500
IX-24e All other expensesManagement $2,554$2,554
IX-25 Total functional expensesPrograms $75,423 · Management $16,745 · Fundraising $0$92,168
Part X · Balance sheet $1,082,064 assets, 21 lines filed
X-1 Cash, non-interest-bearingStart of year $179,054$154,598
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $11,295$14,736
X-5 Loans to officers and key people$0
X-6 Loans to other insiders$0
X-7 Notes and loans receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, net$0
X-11 Publicly traded securitiesStart of year $797,610$912,730
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $987,959$1,082,064
X-17 Accounts payable and accrued expenses$5,367
X-26 Total liabilitiesStart of year $0$5,367
X-27 Net assets without donor restrictionsStart of year $985,459$1,076,697
X-32 Total net assets or fund balancesStart of year $987,959$1,076,697
X-33 Total liabilities and net assetsStart of year $987,959$1,082,064
Part XI · Reconciliation of net assets $1,076,697 net assets at year end
XI-1 Total revenue$136,381
XI-2 Total expenses$92,168
XI-3 Revenue less expenses$44,213
XI-4 Net assets at start of year$987,959
XI-5 Net unrealized gains (losses) on investments$47,025
XI-8 Prior period adjustments−$2,500
XI-10 Net assets at end of year$1,076,697

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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