Missions Resource Network FY2023 filing
Equips churches and missionaries to teach and spread the Gospel of Jesus Christ. For fiscal year 2023 it reported $2.0M in revenue, $2.2M in expenses, and $3.8M in net assets.Pt I
- Type
- Religious organization · Religion
- Location
- Bedford, TX
- Website
- www.mrnet.org
- Filings
- 5 on file (2020–2023)
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Summary of the Filing
Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Terry Dan Bouchelle’s $94K as Exec. Direct is at the 45th percentile of top reported officer pay among 1637 $1–10M religion nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 4 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Terry Bouchelle | — | — | — | $131,104 | $88,104 |
| Terry Dan Bouchelle | $94,118 | $86,593 | $72,628 | — | — |
| Jonathan Morrison | $2,053 | — | — | — | — |
| Bryan Moss | $2,000 | — | — | — | — |
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.
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Where the work happens
Initiate
Missions resource network (MRN) prepares and cares for workers who serve muslim, hindu and buddhist background people groups. During 2023, initiatives were held in bengal, the mediterranean rim, and the atlantic bridge area (south africa and rwanda).
Empower
MRN connects and equips existing ministries and churches where the church is established to expand their impact by providing re-visioning, training, networking, coaching, and care. Church equipping (ce) - ce provides equipping and coaching to partnering churches and those seeking to grow in their mission ministry.
Missionary Care
MRN strives to keep cross-cultural workers effective and whole through providing appropriate care and equipping churches to care for the cross-cultural workers they support. During 2023, they provided numerous hours of direct care to over 145 families, responding to a general request from workers for more face-to-face interaction and…
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 81% | — | — |
| Overhead ratio | 12% | — | — |
| Fundraising cost ratio | 8% | — | — |
| Revenue growth | -14% | — | — |
| Investment management fee ratio | 0.3% | — | — |
| Accounting fee ratio | 0.8% | — | — |
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
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Filings & Schedule Manifest
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Sources
Names, privacy, and removal requests More
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