Bless Foundation EIN 35-2590894

Bless Foundation FY2021 filing

EIN  35-2590894 Public foundation / grantmaker Austin, TX
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →
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Size
$1–10M
What they do
Funds Christian ministries working in unreached areas, providing services, care, and education.
Leadership
Todd Ahrend · Director
Money in and out
$679K revenue, $772K expenses
Bottom line
66% program efficiency

Funds Christian ministries working in unreached areas, providing services, care, and education. For fiscal year 2021 it reported $679K in revenue, $772K in expenses, and $404K in net assets.Pt I

Grants paid & assets · FY2021
Total revenue
$679K
Pt VIII · Ln 12
Total expenses
$772K
Pt IX · Ln 25
Net assets
$404K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$93K
Where spending went · Part IX cols B–D
Program services $0.66 Management & general $0.27 Fundraising $0.07
Program efficiency
66%
of spending reaches programs
Operating runway
6.8mo
months of highly liquid reserves at operating expense rate
Surplus margin
-14%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$679K
FY2021
Expenses
$772K
FY2021
Total assets
$438K
FY2021
Total liabilities
$34K
FY2021
Total revenue
$679K
Pt VIII · Ln 12
Total expenses
$772K
Pt IX · Ln 25
Net assets
$404K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$93K
Total assetsPt X · Ln 16$438K
Program-expense ratioPt IX · col B66%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45
Mission & Programs · Part III

Where the work happens

1 program service account for $510K of program spending, described in the organization's own filed words · FY2020.
01

Grants awarded to non profit organizations who work in unreached parts of the world, advancing the Christian Gospel by providing services, care and education.

$510Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBless Foundation
EINHdr · item D35-2590894
Principal addressHdr · item CAustin, TX
WebsiteHdr · item Jwww.bless.world
Year of formationHdr · item Lpending
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T30)
Ruling yearIRS BMFSep 2017

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
See Bless Foundation executive salaries →

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Statement of Revenue

Part VIII
Contributions & grants119%$807K
Total revenueLn 12$679K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.66 Management & general $0.27 Fundraising $0.07
Program services66%$510K
Management & general27%$205K
Fundraising7%$57K
Total functional expensesLn 25$772K

Balance Sheet

Part X · end of year
CashLn 1$434K
Total assetsLn 16$438K
Total liabilitiesLn 26$34K
Total net assetsLn 32$404K
Months of cash on handcomputed6.7

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $434K · Operating expenses (Pt IX) $772K · Less non-cash grants $6K · Cash operating expenses/yr $766K
6.8 months
Where the money goes
Program services
Program services $510K · Total expenses $772K
66%
Management & General
Management & general $205K · Total expenses $772K
27%
Fundraising
Fundraising $57K · Total expenses $772K
7%
Cost to raise $1
Fundraising expense $57K · Solicited contributions $807K
$0.07 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $807K · Total revenue $679K
119%
Government reliance
Government grants — · Total revenue $679K
Earned-income share
Program service revenue $0 · Total revenue $679K
0%
Investment reliance
Investment income $0 · Total revenue $679K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $772K
0%
Growth & trend
Revenue growth (YoY)
This year $679K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $404K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $679K · Expenses $772K
-14%
Liabilities-to-Assets
Total liabilities — · Total assets $438K
Net-asset ratio
Net assets $404K · Total assets $438K
92%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $438K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Todd Ahrend · Reported title Director · Highest reported compensation $0 · Total expenses $772K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $772K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 66%
Overhead ratio 27%
Fundraising cost ratio 7%
Accounting fee ratio 1%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 7 funders →
Grants paid · 28 grants · $5.2M · 2020–2024
Global Serve International INCFL · FY2024$393,701
PioneersFL · FY2024$156,188
Ethnos360 INCFL · FY2024$81,189
Ethnos360 INCFL · FY2023$562,945
Global Serve International INCFL · FY2023$521,073
PioneersFL · FY2023$183,624
Global Serve International INCFL · FY2022$672,058
PioneersFL · FY2022$371,420
PioneersFL · FY2022$7,000
Global Serve International INCFL · FY2021$298,530
Serving in MissionNC · FY2021$253,600
Justice Ventures InternationalMD · FY2021$203,159
PioneersFL · FY2021$180,000
Ethnos360 INCFL · FY2021$163,617
Empower OneTX · FY2021$138,003
Omf International INCCO · FY2021$105,000
Zoe EmpowersNC · FY2021$102,000
ElicCO · FY2021$100,000
See all 28 grants →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$1.0M revenue · ⤓ 990 PDF
FY2024$2.1M revenue · ⤓ 990 PDF
FY2023$2.6M revenue · ⤓ 990 PDF
FY2022$2.0M revenue · ⤓ 990 PDF
FY2021$679K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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