Faithwalking FY2021 filing

Tax-deductible

Tomball, TX501(c)(3)ReligionEIN 76-0588762Revenue $258K in FY2021

On file with the IRSfaithwalking.usPo Box 1209, 77377-1209 · Tomball, TXTax-exempt since Apr 1999Publicly supported charity — 170(b)(1)(A)(vi)

This page gets seen. Tell your story. Claim this org.

Making wholeness possible for individuals, communities and the world

501(c)(3) charity; gifts are tax-deductible.
72¢ of each $1 spent went to programs.
$60K 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

FY2021 · 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
3 of 5
filings with a surplus
Average surplus $37K a year · 14% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
72%
of spending
Fine: 72% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$60K
to officers and key staff · 28% of spending
Worth a look: pay to officers and key staff is 28% of spending; over 20%.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 4.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $27K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$6K
8% of total assets
Looks good: liabilities are 8% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$258K
+15% vs prior year
Spent
$218K
To programs
72%
Net assets
$67K
By yearFY2020–FY2024
Revenue
$258K
FY2021▲ +15%
Tap a bar for its year
Revenue by fiscal year
FY2020$223K
FY2021$258K
FY2022$245K
FY2023$355K
FY2024$222K
Expenses
$218K
FY2021▼ -12%
Tap a bar for its year
Expenses by fiscal year
FY2020$247K
FY2021$218K
FY2022$209K
FY2023$214K
FY2024$228K
Net assets
$67K
FY2021▲ +141%
Tap a bar for its year
Net assets by fiscal year
FY2020$28K
FY2021$67K
FY2022$103K
FY2023$244K
FY2024$240K

From the FY2021 Form 990 · see the original

Give Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 1999.

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

Where the money goes

72 cents of each dollar spent went to programs.

Program services 72% · $157K Management & general 18% · $39K Fundraising 10% · $22K

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

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

10 people listed on the 990; $60K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$60,048Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A

Kenneth Shuman’s $66K as Executive Director is at the 68th percentile of top reported officer pay among 2133 $100K–1M 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 · 1 named individual · Part VII

NameFY2024FY2022FY2021FY2020
Kenneth Shuman$66,273$60,048$60,048$60,048

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 Faithwalking executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

Questions the 990 asks

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

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Empowers individuals and communities to achieve wholeness globally.

Questions for Faithwalking

Tap to ask. Faithwalking sees how many people are interested.

Your first name shows with your question. Faithwalking answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $157K · in their own filed words · FY2021
01

Faithwalking continued to provide leadership and staff for faithwalking leadership development process launched in 2008 for individuals and leaders of congregations. We also coached graduates of the faithwalking program as catalysts in forming missional communities of people who serve together in addressing HT eneeds of the poor, the…

$157Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$27K

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$258K
Ln 12
Gifts and grantsLn 1h$185K
Fees for servicesLn 2g$73K
Investment incomeLn 3$5
Money outPt IX
$218K
Ln 25
Programscol B$157K
Managementcol C$39K
Fundraisingcol D$22K
Owns and owesPt X
$67K
net assets · Ln 32
Cash and savingsLn 1–2$73K
Total assetsLn 16$73K
LiabilitiesLn 26$6K
PeoplePt VI, VII
10
listed · VII A
PaidVII A1
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$185K
Government grantsLn 1e$63K
Fees for servicesLn 2g$73K
Investment incomeLn 3$5
Total revenueLn 12$258K
Assets in detailPt X, end of year
CashLn 1$29K
SavingsLn 2$44K
Cash and savings togetherLn 1–2$73K
Total assetsLn 16$73K
LiabilitiesLn 26$6K
Net assetsLn 32$67K
OperationsPt I, VI
EmployeesI 54
VolunteersI 6175
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 FY21End FY21
Cash and savingsLn 1–2$68K$73K
Total assetsLn 16$68K$73K
LiabilitiesLn 26$40K$6K
Net assetsLn 32$28K$67K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$175K$120K$34K$21K
Payroll taxesLn 10$11K$8K$2K$1K
Advertising and promotionLn 12$3K$3K
Office expensesLn 13$9K$7K$2K
Information technologyLn 14$12K$12K
Conferences, conventions and meetingsLn 19$8K$7K$252
InsuranceLn 23$941$941
Total functional expensesLn 25$218K$157K$39K$22K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $222K$228K−$6K$240K 990 PDF
FY2023 $355K$214K$141K$244K 990 PDF
FY2022 $245K$209K$36K$103K 990 PDF
FY2021 Viewing $258K$218K$39K$67K 990 PDF
FY2020 $223K$247K−$24K$28K 990 PDF

Want to add your own materials alongside these filings? Claim this org

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 FY2021 990 (6 parts)
Part I · Summary $257,500 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $109,588$184,853
I-9 Program service revenuePrior year $113,358$72,642
I-10 Investment incomePrior year $4$5
I-11 Other revenue$0
I-12 Total revenuePrior year $222,950$257,500
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $214,996$186,178
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $32,133$31,951
I-18 Total expensesPrior year $247,129$218,129
I-19 Revenue less expensesPrior year −$24,179$39,371
Part VI · Governance 9 of 9 board members independent, 1 to look at
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $257,500 across 6 lines filed
VIII-1e Government grants$63,251
VIII-1f All other contributions, gifts and grants$121,602
VIII-1h Total contributions, gifts and grants$184,853
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $72,642$72,642
VIII-3 Investment incomeUnrelated business $5$5
VIII-12 Total revenueRelated to mission $72,642 · Unrelated business $5 · Excluded from tax $0$257,500
Part IX · Statement of functional expenses $218,129 across 7 lines filed
IX-7 Other salaries and wagesPrograms $119,590 · Management $34,482 · Fundraising $20,931$175,003
IX-10 Payroll taxesPrograms $7,637 · Management $2,201 · Fundraising $1,337$11,175
IX-12 Advertising and promotionPrograms $3,002$3,002
IX-13 Office expensesPrograms $6,937 · Management $1,734$8,671
IX-14 Information technologyPrograms $11,705$11,705
IX-19 Conferences, conventions and meetingsPrograms $7,380 · Management $252$7,632
IX-23 InsurancePrograms $941$941
IX-25 Total functional expensesPrograms $157,192 · Management $38,669 · Fundraising $22,268$218,129
Part X · Balance sheet $73,360 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $23,581$29,351
X-2 Savings and temporary cash investmentsStart of year $44,004$44,009
X-16 Total assetsStart of year $67,585$73,360
X-17 Accounts payable and accrued expensesStart of year $4,424$3
X-19 Deferred revenue$6,000
X-26 Total liabilitiesStart of year $39,599$6,003
X-32 Total net assets or fund balancesStart of year $27,986$67,357
X-33 Total liabilities and net assetsStart of year $67,585$73,360
Part XI · Reconciliation of net assets $67,357 net assets at year end
XI-1 Total revenue$257,500
XI-2 Total expenses$218,129
XI-3 Revenue less expenses$39,371
XI-4 Net assets at start of year$27,986
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$67,357

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.