Net Increase Foundation INC

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To provide programs to teach leadership techniques to young ministry leaders. Net Increase Foundation, Inc. will also provide a mentor-ship program for young ministry leaders.

501(c)(3) charity; gifts are tax-deductible.
81¢ of each $1 spent went to programs.
Run by 5 volunteers and 1 employee.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average surplus $30K a year · 5% of revenue · last 6 filings
A surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
81%
of spending
81% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$462K
to officers and key staff · 71% of spending
Pay to officers and key staff is 71% of spending.
Part VII, Section A
4.2 mo
of spending, in cash
Plus $674K in investments, Pt X · Ln 11–13
4.2 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
5
named funders · $224K
5 funders name it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$10K
1% of total assets
Liabilities are 1% of assets.
Pt X · Ln 26
Independent board members
3
of 3 voting members
3 of 3 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$753K
+48% vs prior year
Spent
$654K
To programs
81%
Net assets
$908K
By yearFY2020–FY2025
Revenue
$753K
FY2025▲ +48%
Tap a bar for its year
Revenue by fiscal year
FY2020$473K
FY2021$762K
FY2022$500K
FY2023$686K
FY2024$507K
FY2025$753K
Expenses
$654K
FY2025▼ -6%
Tap a bar for its year
Expenses by fiscal year
FY2020$508K
FY2021$426K
FY2022$540K
FY2023$675K
FY2024$698K
FY2025$654K
Net assets
$908K
FY2025▲ +20%
Tap a bar for its year
Net assets by fiscal year
FY2020$598K
FY2021$964K
FY2022$779K
FY2023$882K
FY2024$755K
FY2025$908K

From the FY2025 Form 990 · figures checked against the IRS filing · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 2016.

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

Where the money goes

81 cents of each dollar spent went to programs.

Program services 81% · $532K Management & general 14% · $91K Fundraising 5% · $31K

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

Something off? Claim to add context

Who runs it and what they're paid

5 people listed on the 990; $462K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
Executive Director
$231,163Pt VII · Sec A
Executive Director
$231,163Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A

David Roseberry’s $231K as Executive Director is at the 100th 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

NameFY2025FY2024FY2023FY2022FY2021FY2020
David Roseberry$231,163$177,200$231,163$231,163$206,057$216,225

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 Net Increase Foundation INC executive salaries →

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 15aYes

Programs and updates

Teaches leadership and offers mentorship to young ministry leaders.

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1 program · $532K · in their own filed words · FY2025
01

The organization conducts educational programs that teach leadership to young ministry leaders. We provide mentorship in church planting, organizational development and effective preaching and outreach. Mentoring is accomplished through individual consultations, blog posts, seminars, writing and teaching opportunities.

$532Kprogram expense

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 5 funders →
Grants paid · 48 grants · $710K · 2022–2025
Trinity Anglican ChurchFY2025$31,150
St Peters Anglican ChurchFY2025$18,000
Church of the ApostlesFY2025$16,245
Individual RecipientFY2025$15,000
Apostles by the SeaFY2025$15,000
Hope Pointe Anglican ChurchFY2025$14,800
Church of the Holy CrossFY2025$12,000
Christ St Pauls ChurchFY2025$12,000
St Patricks Anglican ChurchFY2025$10,400
The Abbey and Pawleys IslandFY2025$10,250
Individual RecipientFY2025$5,400
American Anglican CouncilGA · FY2024$25,000
Village Anglican ChurchFY2024$19,900
Church of the RedeemerFY2024$19,200
Trinity Anglican ChurchFY2024$14,400
Apostles by the Sea INCFL · FY2024$12,000
Individual RecipientFY2024$12,000
See all 48 grants →

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$753K
Ln 12
Gifts and grantsLn 1h$663K
Other incomeLn 4–11$52K
Investment incomeLn 3$38K
Money outPt IX
$654K
Ln 25
Programscol B$532K
Managementcol C$91K
Fundraisingcol D$31K
Owns and owesPt X
$908K
net assets · Ln 32
Cash and savingsLn 1–2$231K
Total assetsLn 16$918K
LiabilitiesLn 26$10K
PeoplePt VI, VII
5
listed · VII A
PaidVII A2
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$663K
Noncash giftsLn 1g$24K
Investment incomeLn 3$38K
Other incomeLn 4–11$52K
Total revenueLn 12$753K
Assets in detailPt X, end of year
CashLn 1$231K
Cash and savings togetherLn 1–2$231K
Land, buildings, equipmentLn 10c$12K
InvestmentsLn 11–13$674K
Total assetsLn 16$918K
LiabilitiesLn 26$10K
Net assetsLn 32$908K
OperationsPt I, VI
EmployeesI 51
VolunteersI 65
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3More from this return
Abroad and in kindSch F, M
Grants to other countriesSch F Pt II–III$15K
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$71K$231K
InvestmentsLn 11–13$690K$674K
Land, buildings, equipmentLn 10c$12K$12K
Total assetsLn 16$780K$918K
LiabilitiesLn 26$25K$10K
Net assetsLn 32$755K$908K
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$180K$180K
Grants and assistance to foreign recipientsLn 3$15K$15K
Pay of officers and key staff (Part IX, line 5)Ln 5$205K$143K$41K$20K
Other employee benefitsLn 9$78K$55K$16K$8K
Payroll taxesLn 10$27K$19K$5K$3K
Management feesLn 11a$27K$21K$7K
Legal feesLn 11b$300$300
Accounting feesLn 11c$6K$6K
Office expensesLn 13$11K$8K$2K
Information technologyLn 14$4K$3K$825
RoyaltiesLn 15$36K$36K
OccupancyLn 16$3K$3K
TravelLn 17$15K$15K
Other expenses (24a–d)Ln 24$48K$35K$13K
Total functional expensesLn 25$654K$532K$91K$31K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest ViewingFiled with the IRS May 27, 2026 $753K$654K$99K$908K 990 PDF
FY2024Filed with the IRS Nov 17, 2025 $507K$698K−$191K$755K 990 PDF
FY2023Filed with the IRS Nov 15, 2024 $686K$675K$11K$882K 990 PDF
FY2022Filed with the IRS Nov 15, 2023 $500K$540K−$40K$779K 990 PDF
FY2021Filed with the IRS May 16, 2022 $762K$426K$336K$964K 990 PDF
FY2020Filed with the IRS Sep 20, 2021 $473K$508K−$35K$598K 990 PDF

Schedules filed Part IV

A · Public support B · Donors D · Assets and endowments F · Foreign I · Grants J · Pay O · Explanations
See the full FY2025 990
Part I · Summary $752,666 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $449,635$662,601
I-9 Program service revenue$0
I-10 Investment incomePrior year $46,226$38,175
I-11 Other revenuePrior year $11,205$51,890
I-12 Total revenuePrior year $507,066$752,666
I-13 Grants and similar amounts paidPrior year $217,357$195,459
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $309,494$309,493
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $171,089$149,049
I-18 Total expensesPrior year $697,940$654,001
I-19 Revenue less expensesPrior year −$190,874$98,665
Part VI · Governance 3 of 3 board members independent, 2 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $752,666 across 7 lines filed
Lines not itemized here account for $953 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$662,601
VIII-1g Noncash contributions (included above)$24,164
VIII-1h Total contributions, gifts and grants$662,601
VIII-3 Investment incomeRelated to mission $38,175$38,175
VIII-5 RoyaltiesRelated to mission $50,937$50,937
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $90,065 · Unrelated business $0 · Excluded from tax $0$752,666
Part IX · Statement of functional expenses $654,001 across 14 lines filed
IX-1 Grants to domestic organizationsPrograms $180,459$180,459
IX-3 Grants and assistance to foreign recipientsPrograms $15,000$15,000
IX-5 Pay of officers and key staff (Part IX, line 5)Programs $143,195 · Management $40,913 · Fundraising $20,456$204,564
IX-9 Other employee benefitsPrograms $54,831 · Management $15,666 · Fundraising $7,833$78,330
IX-10 Payroll taxesPrograms $18,619 · Management $5,320 · Fundraising $2,660$26,599
IX-11a Management feesPrograms $20,548 · Management $6,849$27,397
IX-11b Legal feesManagement $300$300
IX-11c Accounting feesManagement $6,000$6,000
IX-13 Office expensesPrograms $8,440 · Management $2,314$10,754
IX-14 Information technologyPrograms $2,763 · Management $825$3,588
IX-15 RoyaltiesPrograms $35,571$35,571
IX-16 OccupancyPrograms $3,000$3,000
IX-17 TravelPrograms $14,693$14,693
IX-24 Other expenses (24a–d)Programs $34,833 · Management $12,913$47,746
IX-25 Total functional expensesPrograms $531,952 · Management $91,100 · Fundraising $30,949$654,001
Part X · Balance sheet $917,719 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $71,069$231,477
X-10c Land, buildings and equipment, netStart of year $11,872$11,872
X-11 Publicly traded securitiesStart of year $689,946$674,370
X-16 Total assetsStart of year $779,658$917,719
X-17 Accounts payable and accrued expensesStart of year $9,435$5,416
X-25 Other liabilitiesStart of year $15,435$4,410
X-26 Total liabilitiesStart of year $24,870$9,826
X-27 Net assets without donor restrictionsStart of year $523,929$772,279
X-28 Net assets with donor restrictionsStart of year $230,859$135,614
X-32 Total net assets or fund balancesStart of year $754,788$907,893
X-33 Total liabilities and net assetsStart of year $779,658$917,719
Part XI · Reconciliation of net assets $907,893 net assets at year end
XI-1 Total revenue$752,666
XI-2 Total expenses$654,001
XI-3 Revenue less expenses$98,665
XI-4 Net assets at start of year$754,788
XI-5 Net unrealized gains (losses) on investments$46,302
XI-8 Prior period adjustments$8,138
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$907,893

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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