Kerygma Ventures

Tax-deductible

Colleyville, TX501(c)(3)EIN 51-0156829

The organizations mission is to spread the Gospel of Jesus Christ by helping people implement the life-transforming truths of Gods word into practical daily living.

501(c)(3) charity; gifts are tax-deductible.
84¢ of each $1 spent went to programs.
$209K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · 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 surplus $139K a year · 9% of revenue · last 5 filings
Worth a look: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
84%
of spending
Looks good: 84% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$209K
to officers and key staff · 12% of spending
Looks good: pay to officers and key staff is 12% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 2.3 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
9
named funders · $171K
Looks good: 9 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$61K
2% of total assets
Looks good: liabilities are 2% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 4 voting members
Looks good: 3 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.4M
-6% vs prior year
Spent
$1.7M
To programs
84%
Net assets
$3.3M
By yearFY2020–FY2024
Revenue
$1.4M
FY2024▼ -6%
Revenue by fiscal year
FY2020$1.2M
FY2021$2.4M
FY2022$1.2M
FY2023$1.5M
FY2024$1.4M
Expenses
$1.7M
FY2024▲ +7%
Expenses by fiscal year
FY2020$1.0M
FY2021$1.2M
FY2022$1.4M
FY2023$1.6M
FY2024$1.7M
Net assets
$3.3M
FY2024▼ -9%
Net assets by fiscal year
FY2020$2.8M
FY2021$4.0M
FY2022$3.8M
FY2023$3.7M
FY2024$3.3M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Dec 1975.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

84 cents of each dollar spent went to programs.

Program services 84% · $1.5M Management & general 11% · $194K Fundraising 4% · $74K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

6 people listed on the 990; $209K paid to officers and key staff.

Part VII, Section A · reportable compensation
$122,580Pt VII · Sec A
Secretary
$50,207Pt VII · Sec A
Treasurer
$36,000Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2020
J Dudley Hall$122,580$206,580$181,580$169,080
Samuel Downe$50,207$94,020——
Jimmy James$36,000———

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Kerygma Ventures executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Helps people live out Christian teachings in their daily lives.

Provided by the organization

This section is blank until Kerygma Ventures claims this page.

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1 program service account for $1.5M of program spending, described in the organization's own filed words · FY2024.
01

The organization conducts seminars, retreats, conferences, and special events to teach and train people in the life-transforming truths of Gods word. The organization hosted more than 7 retreats attended by more than 400 people including our annual flagship programs: Leadership Expedition Alumni Reunion, Theological Roundtable, Beyond…

$1.5Mprogram 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 · FY2024
See all 9 funders →
Grants paid · 8 grants · $236K · 2023–2024
International Friends of CompassionFY2024$74,252
Unitemized GrantFY2024$61,000
Sound Word Ministries INCTX · FY2024$6,000
Shared Life ServicesFY2024$6,000
Unitemized GrantFY2023$61,300
International Friends of CompassionFY2023$15,000
Sound Word Ministries INCTX · FY2023$6,000
Shared Life ServicesFY2023$6,000

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$1.4M
Ln 12
Gifts and grantsLn 1h$1.1M
Fees for servicesLn 2g$134K
Other incomeLn 4–11$65K
Money outPt IX
$1.7M
Ln 25
Programscol B$1.5M
Managementcol C$194K
Fundraisingcol D$74K
Owns and owesPt X
$3.3M
net assets · Ln 32
Cash and savingsLn 1–2$325K
Total assetsLn 16$3.4M
LiabilitiesLn 26$61K
PeoplePt VI, VII
6
listed · VII A
PaidVII A3
Voting boardVI 1a4
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.1M
Noncash giftsLn 1g$77K
Fees for servicesLn 2g$134K
Investment incomeLn 3$57K
Other incomeLn 4–11$65K
Gains on assetsLn 7$10K
Total revenueLn 12$1.4M
Assets in detailPt X, end of year
CashLn 1$168K
SavingsLn 2$157K
Cash and savings togetherLn 1–2$325K
InvestmentsLn 11–13$406K
Land, buildings, equipmentLn 10c$2.6M
Total assetsLn 16$3.4M
LiabilitiesLn 26$61K
Net assetsLn 32$3.3M
OperationsPt I, VI
EmployeesI 59
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$426K$325K
InvestmentsLn 11–13$554K$406K
Land, buildings, equipmentLn 10c$2.7M$2.6M
Total assetsLn 16$3.7M$3.4M
LiabilitiesLn 26$62K$61K
Net assetsLn 32$3.7M$3.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$123K$123K
Grants to domestic individualsLn 2$61K$61K
Pay of current officers, directors and key staffLn 5$311K$248K$16K$47K
Other salaries and wagesLn 7$162K$130K$8K$24K
Other employee benefitsLn 9$12K$10K$613$2K
Payroll taxesLn 10$8K$6K$396$1K
Legal feesLn 11b$3K$3K
Investment management feesLn 11f$6K$5K$1K
Other fees for servicesLn 11g$120K$101K$20K
Advertising and promotionLn 12$215K$180K$35K
Office expensesLn 13$18K$15K$3K
OccupancyLn 16$256K$213K$42K
TravelLn 17$21K$17K$3K
Depreciation, depletion and amortizationLn 22$136K$130K$6K
InsuranceLn 23$6K$5K$983
Other expenses (24a–d)Ln 24$193K$188K$5K
All other expensesLn 24e$68K$19K$49K
Total functional expensesLn 25$1.7M$1.5M$194K$74K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $1.4M$1.7M−$326K$3.3M 990 PDF
FY2023 $1.5M$1.6M−$126K$3.7M 990 PDF
FY2022 $1.2M$1.4M−$194K$3.8M 990 PDF
FY2021 $2.4M$1.2M$1.2M$4.0M 990 PDF
FY2020 $1.2M$1.0M$178K$2.8M 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
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $1,393,183 across 10 lines filed
Lines not itemized here account for $3,636 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$1,136,887
VIII-1g Noncash contributions (included above)$76,914
VIII-1h Total contributions, gifts and grants$1,136,887
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $134,177$134,177
VIII-3 Investment incomeExcluded from tax $47,054$47,054
VIII-6 Net rental income or lossExcluded from tax $54,838$54,838
VIII-7 Net gain or loss on sales of assetsExcluded from tax $9,809$9,809
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $6,782$6,782
VIII-12 Total revenueRelated to mission $144,595 · Unrelated business $0 · Excluded from tax $111,701$1,393,183
Part IX · Statement of functional expenses $1,718,914 across 17 lines filed
IX-1 Grants to domestic organizationsPrograms $122,505$122,505
IX-2 Grants to domestic individualsPrograms $61,000$61,000
IX-5 Pay of current officers, directors and key staffPrograms $248,463 · Management $15,529 · Fundraising $46,587$310,579
IX-7 Other salaries and wagesPrograms $129,717 · Management $8,107 · Fundraising $24,322$162,146
IX-9 Other employee benefitsPrograms $9,805 · Management $613 · Fundraising $1,839$12,257
IX-10 Payroll taxesPrograms $6,339 · Management $396 · Fundraising $1,189$7,924
IX-11b Legal feesManagement $3,360$3,360
IX-11f Investment management feesPrograms $5,400 · Management $1,063$6,463
IX-11g Other fees for servicesPrograms $100,653 · Management $19,814$120,467
IX-12 Advertising and promotionPrograms $179,627 · Management $35,360$214,987
IX-13 Office expensesPrograms $15,050 · Management $2,963$18,013
IX-16 OccupancyPrograms $213,480 · Management $42,025$255,505
IX-17 TravelPrograms $17,438 · Management $3,433$20,871
IX-22 Depreciation, depletion and amortizationPrograms $129,969 · Management $5,841$135,810
IX-23 InsurancePrograms $4,995 · Management $983$5,978
IX-24 Other expenses (24a–d)Programs $187,927 · Management $4,646$192,573
IX-24e All other expensesPrograms $19,107 · Management $49,369$68,476
IX-25 Total functional expensesPrograms $1,451,475 · Management $193,502 · Fundraising $73,937$1,718,914
Part X · Balance sheet $3,401,570 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $263,292$168,311
X-2 Savings and temporary cash investmentsStart of year $162,624$157,093
X-8 Inventories for sale or useStart of year $16,182$20,248
X-9 Prepaid expenses and deferred charges$1,899
X-10c Land, buildings and equipment, netStart of year $2,696,561$2,607,054
X-11 Publicly traded securitiesStart of year $554,146$406,096
X-14 Intangible assetsStart of year $35,858$40,869
X-16 Total assetsStart of year $3,737,663$3,401,570
X-17 Accounts payable and accrued expensesStart of year $62,079$61,351
X-26 Total liabilitiesStart of year $62,079$61,351
X-27 Net assets without donor restrictionsStart of year $3,675,584$3,340,219
X-32 Total net assets or fund balancesStart of year $3,675,584$3,340,219
X-33 Total liabilities and net assetsStart of year $3,737,663$3,401,570
Part XI · Reconciliation of net assets $3,340,219 net assets at year end
XI-1 Total revenue$1,393,183
XI-2 Total expenses$1,718,914
XI-3 Revenue less expenses−$325,731
XI-4 Net assets at start of year$3,675,584
XI-5 Net unrealized gains (losses) on investments−$9,634
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$3,340,219

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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