Ambassador Trust Corp FY2022 filing

Jacksonville, FLUnknown exempt organization EIN 82-3010956Revenue $51K in FY2022

On file with the IRSambassadortrust.org8649 Baypine Road Bld 7 Ste 101 · Jacksonville, FL

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To serve, equip, and strenghen the body of christ when IT has been weakened and stand in the gap as god directs

70¢ of each $1 spent went to programs.
$18K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

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FY2022 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2023
latest Form 990
Fine: the latest return is for FY2023, 3 tax years back; within 3 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 4
filings with a surplus
Average deficit $4K a year · 14% of revenue · last 4 filings
Worth a look: a surplus in 2 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
70%
of spending
Fine: 70% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$18K
to officers and key staff · 38% of spending
Concern: pay to officers and key staff is 38% of spending; over 30%.
Pt VII · Sec A
3 mo
of spending, in cash
Looks good: 3.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$252
2% of total assets
Looks good: liabilities are 2% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 9 voting members
Looks good: 7 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
$51K
+12% vs prior year
Spent
$47K
To programs
70%
Net assets
$12K
By yearFY2020–FY2023
Revenue
$51K
FY2022▲ +12%
Tap a bar for its year
Revenue by fiscal year
FY2020$12K
FY2021$46K
FY2022$51K
FY2023$14K
Expenses
$47K
FY2022▲ +27%
Tap a bar for its year
Expenses by fiscal year
FY2020$30K
FY2021$37K
FY2022$47K
FY2023$26K
Net assets
$12K
FY2022▲ +51%
Tap a bar for its year
Net assets by fiscal year
FY2020−$676
FY2021$8K
FY2022$12K
FY2023$0

From the FY2022 Form 990 · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2023) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2023.

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

Where the money goes

70 cents of each dollar spent went to programs.

Program services 70% · $33K Management & general 16% · $8K Fundraising 14% · $7K

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

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Who runs it and what they're paid

9 people listed on the 990; $18K paid to officers and key staff.

Part VII, Section A · reportable compensation
President/Di
$13,793Pt VII · Sec A
Secretary/Di
$4,000Pt VII · Sec A
Treasurer/Di
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2023FY2022FY2021FY2020
Charles Christie$4,275$13,793$16,000$10,000
Rebecca Christie$2,293$4,000$9,000$4,667

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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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
  • Loans to or from officersSch L · Pt II1 listed

Programs and updates

Strengthen and equip the Christian community, filling gaps as guided.

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Provided by the organization

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3 programs · $33K · in their own filed words · FY2022
01

Youth with a Mission

Ukraine to provide body armour to the aid workers so they are able to provide relief to the citizens impacted by the war in ukraine. Revenue includes amounts from summary page line 8 contributions and grants.

$14Kprogram expense
02

The organization is actively engaged in servant leadership both domestically and internationally. Having already served in israel, ukraine, scotland, and the us (jacksonville florida) in multiple capacities.

$12Kprogram expense
03

City for the nations assisting fundraising in their primary mission of preaching the gospel and assisting the the role in fulfilling the great commission to spread the word of christ among all people groups & nations. Revenue includes amounts from summary page line 8 contributions and grants.

$7Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · this organization's grantmaking
Grants paid · 2 grants · $10K · 2022–2023
City for the NationsKY · FY2023$5,200
City for the NationsKY · FY2022$5,250

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$51K
Ln 12
Gifts and grantsLn 1h$51K
Money outPt IX
$47K
Ln 25
Programscol B$33K
Managementcol C$8K
Fundraisingcol D$7K
Owns and owesPt X
$12K
net assets · Ln 32
Cash and savingsLn 1–2$12K
Total assetsLn 16$12K
LiabilitiesLn 26$252
PeoplePt VI, VII
9
listed · VII A
PaidVII A2
Voting boardVI 1a9
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$51K
Total revenueLn 12$51K
Assets in detailPt X, end of year
CashLn 1$12K
Cash and savings togetherLn 1–2$12K
Total assetsLn 16$12K
LiabilitiesLn 26$252
Net assetsLn 32$12K
OperationsPt I, VI
EmployeesI 52
VolunteersI 610
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$9K$12K
Total assetsLn 16$9K$12K
LiabilitiesLn 26$1K$252
Net assetsLn 32$8K$12K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$5K$5K
Pay of current officers, directors and key staffLn 5$18K$10K$4K$4K
Payroll taxesLn 10$1K$749$340$272
Other fees for servicesLn 11g$7K$7K
Advertising and promotionLn 12$3K$550$3K
Office expensesLn 13$3K$3K
TravelLn 17$9K$9K
InterestLn 20$33$33
Total functional expensesLn 25$47K$33K$8K$7K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2023 Latest $14K$26K−$12K$0 990 PDF
FY2022 Viewing $51K$47K$4K$12K 990 PDF
FY2021 $46K$37K$8K$8K 990 PDF
FY2020 $12K$30K−$18K−$676 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $51,119 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $45,501$51,119
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $45,501$51,119
I-13 Grants and similar amounts paid$5,250
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $26,913$19,154
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $10,266$22,794
I-18 Total expensesPrior year $37,179$47,198
I-19 Revenue less expensesPrior year $8,322$3,921
Part VI · Governance 7 of 9 board members independent, 4 to look at
VI-1a Voting members of the governing body9
VI-1b Independent voting members7
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $51,119 across 3 lines filed
VIII-1f All other contributions, gifts and grants$51,119
VIII-1h Total contributions, gifts and grants$51,119
VIII-12 Total revenue$51,119
Part IX · Statement of functional expenses $47,198 across 8 lines filed
IX-1 Grants to domestic organizationsPrograms $5,250$5,250
IX-5 Pay of current officers, directors and key staffPrograms $9,786 · Management $4,448 · Fundraising $3,559$17,793
IX-10 Payroll taxesPrograms $749 · Management $340 · Fundraising $272$1,361
IX-11g Other fees for servicesPrograms $7,419$7,419
IX-12 Advertising and promotionPrograms $550 · Fundraising $2,788$3,338
IX-13 Office expensesManagement $2,750$2,750
IX-17 TravelPrograms $9,254$9,254
IX-20 InterestPrograms $33$33
IX-25 Total functional expensesPrograms $33,041 · Management $7,538 · Fundraising $6,619$47,198
Part X · Balance sheet $11,820 assets, 8 lines filed
Asset lines not itemized here account for $190; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $8,738$11,630
X-16 Total assetsStart of year $8,928$11,820
X-25 Other liabilitiesStart of year $1,282$252
X-26 Total liabilitiesStart of year $1,282$252
X-27 Net assets without donor restrictionsStart of year $7,646$6,368
X-28 Net assets with donor restrictions$5,200
X-32 Total net assets or fund balancesStart of year $7,646$11,568
X-33 Total liabilities and net assetsStart of year $8,928$11,820
Part XI · Reconciliation of net assets $11,568 net assets at year end
XI-1 Total revenue$51,119
XI-2 Total expenses$47,198
XI-3 Revenue less expenses$3,921
XI-4 Net assets at start of year$7,646
XI-9 Other changes in net assets$1
XI-10 Net assets at end of year$11,568

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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