516 Now INC FY2020 filing

Spartanburg, SC · Public charity (501(c)(3)) · Since 2012 · International

✓ Tax-deductible Latest data FY2020
Revenue
$122K
Spent
$120K
To programs
100%
Net assets
$45K
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Form 990 for the fiscal year ending December 2020 (IRS tax year 2020).

Status and standing

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Yes — filed FY2025
Foundation funders?
3 funders, incl. Fidelity Investments Charitable Gift Fund
$26K in the latest grant year.
Spent on programs?
100% to programs
Form 990 Part IX, latest filing.
Size and trend
$100K–1M
Legal name (IRS)Hdr · item C516 Now INC
EINHdr · item D45-4690197
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFMay 2012
Year of formationHdr · item L2012
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CSpartanburg, SC
NTEE classificationIRS BMFInternational (Q30)

Where the money goes

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$120K
Total functional expensesLn 25$120K

Financial health

Revenue & expenses by yearFY2020–FY2025
Revenue
$122K
FY2020
Expenses
$120K
FY2020
Program efficiency
100%
of spending reaches programs
Operating runway
4.5mo
months of highly liquid reserves at operating expense rate
Surplus margin
+1%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Total assets
$45K
FY2020
Total liabilities
$0
FY2020
Revenue less expensesPt I · Ln 19$2K
Total assetsPt X · Ln 16$45K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 312
Independent voting membersPt I · Ln 4pending

Balance Sheet

Part X · end of year
CashLn 1$45K
Total assetsLn 16$45K
Total liabilitiesLn 26$0
Total net assetsLn 32$45K
Months of cash on handcomputed4.5

Statement of Revenue

Part VIII
Contributions & grants100%$122K
Total revenueLn 12$122K

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $45K · Operating expenses/yr $120K
4.5 months
Where the money goes
Program services
Program services $120K · Total expenses $120K
100%
Management & General
Management & general $0 · Total expenses $120K
0%
Fundraising
Fundraising $0 · Total expenses $120K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $122K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $122K · Total revenue $122K
100%
Government reliance
Government grants — · Total revenue $122K
—
Earned-income share
Program service revenue $0 · Total revenue $122K
0%
Investment reliance
Investment income $0 · Total revenue $122K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $120K
0%
Growth & trend
Revenue growth (YoY)
This year $122K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $45K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $122K · Expenses $120K
+1%
Liabilities-to-Assets
Total liabilities — · Total assets $45K
—
Net-asset ratio
Net assets $45K · Total assets $45K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $45K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Brenton Witonski · Reported title DIRECTOR · Highest reported compensation $0 · Total expenses $120K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $120K
—
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 100%——
Overhead ratio 0%——
Fundraising cost ratio 0%——
Accounting fee ratio 0.5%——

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.

Leadership and pay

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Director Emeritus
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director Latin America
$0Pt VII · Sec A
Director El Savador
$0Pt VII · Sec A
Director Nicaragua
$0Pt VII · Sec A
Director Emeritus
$0Pt VII · Sec A
See 516 Now INC executive salaries →

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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

Mission and programs

Build holy, prosperous, and sustainable communities worldwide through collaborative, God-glorifying projects.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

3 program services account for $120K of program spending, described in the organization's own filed words · FY2020.
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 by continuing our partnership with pala christian academy, local churches and radio stations. By continuing to support these communities our outreach has continued to be encouraging and supportive even trhough a global pandemic.

$98Kprogram 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 to initiate a very successful SSK program in both palacaguina and diriamba. Through the program we also provide funding for college classes.

$14Kprogram 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 providing food needs during the COVID19 pandemic. We raised money to provide food to families that were struggling during the uncertain times of the shut downs.

$8Kprogram expense

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Funders

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

Grants

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

Filing history

YearRevenueExpensesChangeFiling
FY2025 Latest $192K$141K+23% 990 PDF
FY2024 $156K$165K+16% 990 PDF
FY2023 $134K$134K-14% 990 PDF
FY2022 $155K$160K+20% 990 PDF
FY2021 $129K$126K+7% 990 PDF
FY2020 Viewing $122K$120K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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