516 Now INC EIN 45-4690197 Form 990 (PDF) Claim this org

516 Now INC

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Build holy, prosperous, and sustainable communities worldwide through collaborative, God-glorifying projects. For fiscal year 2025 it reported $192K in revenue, $141K in expenses, and $85K in net assets.Pt I

Founded
2012
Type
Public charity (501(c)(3)) · International
Location
Spartanburg, SC
Filings
6 on file (2020–2025)
Revenue
$192KFY2025
Expenses
$141K
Net assets
$85K
People
10
Filings
6
Updates
0
More identity details & actions ⌄
EIN  45-4690197 Public charity (501(c)(3)) Spartanburg, SC Founded 2012
Form 990 (PDF)
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Size
$100K–1M
What they do
Build holy, prosperous, and sustainable communities worldwide through collaborative, God-glorifying projects.
Leadership
Jaime Blandon · Director Latin America
Money in and out
$192K revenue, $141K expenses
Bottom line
99% program efficiency
Where the money goes · FY2025
Total revenue
$192K
Pt VIII · Ln 12
Total expenses
$141K
Pt IX · Ln 25
Net assets
$85K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $51K
Where spending went · Part IX cols B–D
Program services $0.99 Management & general $0.01
Program efficiency
99%
of spending reaches programs▲ +1% vs prior filing year
Operating runway
7.2mo
months of highly liquid reserves at operating expense rate▲ +188% vs prior filing year
Surplus margin
+27%
revenue over expenses, this year▲ +581% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$192K
FY2025▲ +23%
Expenses
$141K
FY2025▼ -14%
Total assets
$85K
FY2025▲ +152%
Total liabilities
$0
FY2025
Total revenue
$192K
Pt VIII · Ln 12
Total expenses
$141K
Pt IX · Ln 25
Net assets
$85K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$51K
Total assetsPt X · Ln 16$85K
Program-expense ratioPt IX · col B99%
Voting members of governing bodyPt I · Ln 312
Independent voting membersPt I · Ln 4pending

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item C516 Now INC
EINHdr · item D45-4690197
Principal addressHdr · item CSpartanburg, SC
WebsiteHdr · item Jnone reported
Year of formationHdr · item L2012
State of legal domicileHdr · item MSC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFInternational (Q30)
Ruling yearIRS BMFMay 2012

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a12
Independent voting membersPt VI · Ln 1bpending
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 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Director Latin America
$0Pt VII · Sec A
Director Emeritus
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Honorary Member
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
President
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

3 program services account for $140K of program spending, described in the organization's own filed words · FY2025.
01

We Also Answered the Call of Matthew 5

16 to improve the quality of life for people in need by working together with our target communites sponsoring educational initiatives in each of the countries we work in. We train single mothers in sewing and cosmetology.

$96Kprogram expense
02

We Answered the Call of Matthew 5

16 to improve the quality of life for people in need by working together with our target communites by continuing a very successful SSK program in el salvador, palacaguina and diriamba nicaragua serving over 200 children. The sponsorships pay for uniforms, shoes, backpacks and school supplies.

$23Kprogram expense
03

We Also Answered the Call of Matthew 5

16 to improve the quality of life for people in need by working together with our target communites by contuing support through our micro-finance programs. We operate these programs in el savador, the dominican republic and belize.

$21Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants100%$192K
Total revenueLn 12$192K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.99 Management & general $0.01
Program services99%$140K
Management & general1%$2K
Total functional expensesLn 25$141K

Balance Sheet

Part X · end of year
CashLn 1$85K
Total assetsLn 16$85K
Total liabilitiesLn 26$0
Total net assetsLn 32$85K
Months of cash on handcomputed7.2

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $85K · Operating expenses/yr $141K
7.2 months
Where the money goes
Program services
Program services $140K · Total expenses $141K
99%
Management & General
Management & general $2K · Total expenses $141K
1%
Fundraising
Fundraising $0 · Total expenses $141K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $161K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $192K · Total revenue $192K
100%
Government reliance
Government grants — · Total revenue $192K
Earned-income share
Program service revenue $0 · Total revenue $192K
0%
Investment reliance
Investment income $0 · Total revenue $192K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $141K
0%
Growth & trend
Revenue growth (YoY)
This year $192K · Prior year $156K
+23%
Revenue CAGR
FY2020 $122K · FY2025 $192K
+10%
Net-asset trend (YoY)
End of year $85K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $192K · Expenses $141K
+27%
Liabilities-to-Assets
Total liabilities — · Total assets $85K
Net-asset ratio
Net assets $85K · Total assets $85K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $85K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Jaime Blandon · Reported title DIRECTOR LATIN AMERICA · Highest reported compensation $0 · Total expenses $141K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $141K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 99%
Overhead ratio 1%
Revenue growth 23%

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 · funders on record
Grants received · FY2024
See all 3 funders →

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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)$192K revenue · viewing · ⤓ 990 PDF
FY2024$156K revenue · ⤓ 990 PDF
FY2023$134K revenue · ⤓ 990 PDF
FY2022$155K revenue · ⤓ 990 PDF
FY2021$129K revenue · ⤓ 990 PDF
FY2020$122K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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