Ceams INC FY2020 filing

Tax-deductible

Dallas, TX501(c)(3)ReligionEIN 47-3886762

To provide financial support for missionaries and other religious organizations.

501(c)(3) charity; gifts are tax-deductible.
95¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $25K a year · 55% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
95%
of spending
Looks good: 95% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
17 mo
of spending, in cash
Looks good: 17.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $300
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$4K
Spent
$72K
To programs
95%
Net assets
$1.1M
By yearFY2020–FY2024
Revenue
$4K
FY2020
Revenue by fiscal year
FY2020$4K
FY2021$35K
FY2022$46K
FY2023$128K
FY2024$18K
Expenses
$72K
FY2020
Expenses by fiscal year
FY2020$72K
FY2021$122K
FY2022$55K
FY2023$106K
FY2024$2K
Net assets
$1.1M
FY2020
Net assets by fiscal year
FY2020$1.1M
FY2021$1.0M
FY2022$1.0M
FY2023$1.0M
FY2024$1.1M

From the FY2020 Form 990 · see the original

You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Status and standing

Is it real, and can you give to it?

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?
Filed FY2024 (typical filing lag)
Legal name (IRS)Hdr · item CCeams INC
EINHdr · item D47-3886762
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFMay 2015
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CDallas, TX
NTEE classificationIRS BMFReligion (X20)

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.95 Management & general $0.05
Program services95%$68K
Management & general5%$4K
Total functional expensesLn 25$72K

Financial health

Is it on solid ground?

Program efficiency
95%
of spending reaches programs
Operating runway
185.4mo
months of highly liquid reserves at operating expense rate
Surplus margin
-1589%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Total assets
$1.1M
FY2020
Total assets by fiscal year
FY2020$1.1M
FY2021$1.0M
FY2022$1.0M
FY2023$1.0M
FY2024$1.1M
Total liabilities
$0
FY2020
Total liabilities by fiscal year
FY2020$0
FY2021$0
FY2022$0
FY2023$0
FY2024$0
Revenue less expensesPt I · Ln 19−$68K
Total assetsPt X · Ln 16$1.1M
Program-expense ratioPt IX · col B95%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43

Balance Sheet

Part X · end of year
CashLn 1$104K
Total assetsLn 16$1.1M
Total liabilitiesLn 26$0
Total net assetsLn 32$1.1M
Months of cash on handcomputed17.3

Statement of Revenue

Part VIII
Contributions & grants123%$5K
Total revenueLn 12$4K

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.1M · Operating expenses/yr $72K
185.4 months
Where the money goes
Program services
Program services $68K · Total expenses $72K
95%
Management & General
Management & general $4K · Total expenses $72K
5%
Fundraising
Fundraising $0 · Total expenses $72K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $5K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $5K · Total revenue $4K
123%
Government reliance
Government grants — · Total revenue $4K
—
Earned-income share
Program service revenue $0 · Total revenue $4K
0%
Investment reliance
Investment income −$986 · Total revenue $4K
-23%
Program self-sufficiency
Program service revenue $0 · Total expenses $72K
0%
Growth & trend
Revenue growth (YoY)
This year $4K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $1.1M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $4K · Expenses $72K
-1589%
Liabilities-to-Assets
Total liabilities — · Total assets $1.1M
—
Net-asset ratio
Net assets $1.1M · Total assets $1.1M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $1.0M · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $1.1M
90%
People & payroll
Highest Reported Total Compensation
Individual Douglas W Brady · Reported title Director · Highest reported compensation $0 · Total expenses $72K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $72K
0%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 95%——
Overhead ratio 5%——
Fundraising cost ratio 0%——
Investment management fee ratio 0%——
Legal fee ratio 0%——
Accounting fee ratio 3%——
Fundraising fee ratio 0%——

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

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
See Ceams INC executive salaries →

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Governance & Policies

Part VI
  • 3Voting board membersPt VI · Ln 1a
  • 3Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aNo
  • Whistleblower policyPt VI · Ln 13No
  • Document retention policyPt VI · Ln 14No
  • Top official’s pay independently reviewedPt VI · Ln 15aNo
  • Family or business ties among leadersPt VI · Ln 2Yes

Mission and programs

What it does.

Funds missionaries and religious groups to advance their work.

Provided by the organization

This section is blank until Ceams INC claims this page.

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Mission & Programs · Part III

Where the work happens

3 program services account for $68K of program spending, described in the organization's own filed words · FY2020.
01

Payments of tuition costs and related rental to dallas baptist university, criswell college, university of texas at dallas, and southern methodist university.

$62Kprogram expense
02

Payments for website maintenance services provided to the believers bible class under the auspices of the first baptist church of dallas. Such services are necessary to promote evangelization.

$5Kprogram expense
03

Donated funds to assist religious organizations in accordance with primary exempt purpose.

$500program expense

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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 · FY2021
Total grants receivedfrom 1 funder$300
Grants paid · 17 grants · $227K · 2020–2023
Montana Christian CollegeFY2023$10,000
East-WestFY2023$5,800
Unitemized GrantFY2022$22,857
Criswell CollegeTX · FY2022$12,100
Unitemized GrantFY2022$145
Criswell CollegeTX · FY2021$55,500
Unitemized GrantFY2021$38,281
Unitemized GrantFY2021$10,079
Unitemized GrantFY2021$6,018
Unitemized GrantFY2021$2,063
Unitemized GrantFY2021$500
Unitemized GrantFY2021$248
Unitemized GrantFY2020$27,534
Unitemized GrantFY2020$14,045
Unitemized GrantFY2020$13,034
Unitemized GrantFY2020$5,000
Unitemized GrantFY2020$3,918

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2024 Latest $18K$2K-86% 990 PDF
FY2023 $128K$106K+179% 990 PDF
FY2022 $46K$55K+30% 990 PDF
FY2021 $35K$122K+729% 990 PDF
FY2020 Viewing $4K$72K 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

Full filing: Form 990 for FY2020

Every line we hold from the return, cited to its Part and line.
Part IX · Statement of functional expenses $71,762 across 31 lines filed
IX-1 Grants to domestic organizationsPrograms $500$500
IX-2 Grants to domestic individualsPrograms $62,305$62,305
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$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 $1,965$1,965
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $3,918$3,918
IX-12 Advertising and promotion$0
IX-13 Office expenses$0
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$0
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 amortizationPrograms $1,102$1,102
IX-23 Insurance$0
IX-24 Other expenses (24a–d)Management $1,972$1,972
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $67,825 · Management $3,937 · Fundraising $0$71,762

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
Names, privacy, and removal requests More

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