Advancing Global Missions INC EIN 46-3248482 Form 990 (PDF) Claim this org

Advancing Global Missions INC

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Spreads the gospel through teaching, literature, events, classes, counseling, and ordaining ministers. For fiscal year 2023 it reported $65K in revenue, $65K in expenses, and $758K in net assets.Pt I

Type
Religious organization · Religion
Location
Ball Ground, GA
Filings
4 on file (2020–2023)
Revenue
$65KFY2023
Expenses
$65K
Net assets
$758K
People
3
Filings
4
Updates
0
More identity details & actions ⌄
EIN  46-3248482 Religious organization Ball Ground, GA
Form 990 (PDF)
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Size
<$100K
What they do
Spreads the gospel through teaching, literature, events, classes, counseling, and ordaining ministers.
Leadership
Jeff Bush · Director
Money in and out
$65K revenue, $65K expenses
Bottom line
69% program efficiency
Where the money goes · FY2023
Total revenue
$65K
Pt VIII · Ln 12
Total expenses
$65K
Pt IX · Ln 25
Net assets
$758K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $620
Where spending went · Part IX cols B–D
Program services $0.69 Management & general $0.31
Program efficiency
69%
of spending reaches programs▲ +13% vs prior filing year
Operating runway
142.7mo
months of highly liquid reserves at operating expense rate▲ +128% vs prior filing year
Surplus margin
+1.0%
revenue over expenses, this year▼ -98% vs prior filing year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$65K
FY2023▼ -77%
Expenses
$65K
FY2023▼ -56%
Total assets
$767K
FY2023▲ +1%
Total liabilities
$9K
FY2023
Total revenue
$65K
Pt VIII · Ln 12
Total expenses
$65K
Pt IX · Ln 25
Net assets
$758K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$620
Total assetsPt X · Ln 16$767K
Program-expense ratioPt IX · col B69%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43
Mission & Programs · Part III

Where the work happens

1 program service account for $44K of program spending, described in the organization's own filed words · FY2023.
01

We continue to teach and preach the gospel through speaking engagements and distribute christian literature as requested

$44Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CAdvancing Global Missions INC
EINHdr · item D46-3248482
Principal addressHdr · item CBall Ground, GA
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MGA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFReligion (X12)
Ruling yearIRS BMFMay 2014

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aYes
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
$0Pt VII · Sec A
$0Pt VII · Sec A
Principal Officer/CFO
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants100%$65K
Total revenueLn 12$65K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.69 Management & general $0.31
Program services69%$44K
Management & general31%$20K
Total functional expensesLn 25$65K

Balance Sheet

Part X · end of year
CashLn 1$392K
Total assetsLn 16$767K
Total liabilitiesLn 26$9K
Total net assetsLn 32$758K
Months of cash on handcomputed73.0

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $767K · Operating expenses/yr $65K
142.7 months
Where the money goes
Program services
Program services $44K · Total expenses $65K
69%
Management & General
Management & general $20K · Total expenses $65K
31%
Fundraising
Fundraising $0 · Total expenses $65K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $117K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $65K · Total revenue $65K
100%
Government reliance
Government grants — · Total revenue $65K
Earned-income share
Program service revenue $0 · Total revenue $65K
0%
Investment reliance
Investment income $0 · Total revenue $65K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $65K
0%
Growth & trend
Revenue growth (YoY)
This year $65K · Prior year $287K
-77%
Net-asset trend (YoY)
End of year $758K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $65K · Expenses $65K
+1.0%
Liabilities-to-Assets
Total liabilities — · Total assets $767K
Net-asset ratio
Net assets $758K · Total assets $767K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $375K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $767K
49%
People & payroll
Highest Reported Total Compensation
Individual Jeff Bush · Reported title DIRECTOR · Highest reported compensation $0 · Total expenses $65K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $65K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 69%
Overhead ratio 31%
Fundraising cost ratio 0%
Revenue growth -77%
Investment management fee ratio 0.2%
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 · this organization's grantmaking
Grants paid · 2 grants · $51K · 2020–2021
Vision Baptist Missions INCGA · FY2021$24,000
Vision Baptist Missions INCGA · FY2020$27,450

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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
FY2023 (Latest)$65K revenue · viewing · ⤓ 990 PDF
FY2022$287K revenue · ⤓ 990 PDF
FY2021$209K revenue · ⤓ 990 PDF
FY2020$517K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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