Rig Dfw

Tax-deductible

Odessa, TX501(c)(3)ReligionEIN 93-4077109

Our mission is to glorify God by serving others through Christ-centered programs that nurture faith, strengthen families, and build communities rooted in biblical truth.

501(c)(3) charity; gifts are tax-deductible.
78¢ of each $1 spent went to programs.
Run by 50 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

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
Spent on programs
78%
of spending
Looks good: 78% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1K
to officers and key staff · 0.3% of spending
Top officer’s pay lower than 99% of similar orgs
Looks good: pay to officers and key staff is 0% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
1 mo
of spending, in cash
Fine: 1.0 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 3 voting members
Concern: none of 3 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$447K
Spent
$413K
To programs
78%
Net assets
$34K

From the FY2024 Form 990 · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Dec 2023.

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

Where the money goes

78 cents of each dollar spent went to programs.

Program services 78% · $324K Management & general 22% · $89K

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

Who runs it and what they're paid

1 person listed on the 990; $1K paid to officers and key staff.

Part VII, Section A · reportable compensation
$1,099Pt VII · Sec A

John Folasakin’s $1K as Director is at the 1st 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.

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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

Nurtures faith, strengthens families, and builds communities through Christ-centered programs.

Provided by the organization

This section is blank until Rig Dfw claims this page.

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1 program service account for $83K of program spending, described in the organization's own filed words · FY2024.
01

Our mission is to glorify God by serving others through Christ-centered programs that nurture faith, strengthen families, and build communities. Rooted in biblical truth, we equip individuals to grow in their personal relationship with Jesus Christ, live out the Gospel in daily life, and extend God???s love through acts of service…

$83Kprogram expense

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By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$447K
Ln 12
Gifts and grantsLn 1h$447K
Money outPt IX
$413K
Ln 25
Programscol B$324K
Managementcol C$89K
Owns and owesPt X
$34K
net assets · Ln 32
Cash and savingsLn 1–2$34K
Total assetsLn 16$34K
LiabilitiesLn 26$0
PeoplePt VI, VII
1
listed · VII A
PaidVII A1
Voting boardVI 1a3
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$447K
Total revenueLn 12$447K
Assets in detailPt X, end of year
CashLn 1$34K
Cash and savings togetherLn 1–2$34K
Total assetsLn 16$34K
LiabilitiesLn 26$0
Net assetsLn 32$34K
OperationsPt I, VI
EmployeesI 50
VolunteersI 650
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$34K
Total assetsLn 16$0$34K
LiabilitiesLn 26$0$0
Net assetsLn 32$0$34K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other fees for servicesLn 11g$115K$101K$14K
Advertising and promotionLn 12$15K$12K$3K
Office expensesLn 13$39K$20K$20K
OccupancyLn 16$80K$60K$20K
TravelLn 17$57K$49K$8K
Conferences, conventions and meetingsLn 19$5K$5K
InsuranceLn 23$944$944
Other expenses (24a–d)Ln 24$64K$54K$10K
All other expensesLn 24e$37K$23K$14K
Total functional expensesLn 25$413K$324K$89K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $447K$413K$34K$34K 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 $447,021 across 3 lines filed
VIII-1f All other contributions, gifts and grants$447,021
VIII-1h Total contributions, gifts and grants$447,021
VIII-12 Total revenue$447,021
Part IX · Statement of functional expenses $412,611 across 9 lines filed
IX-11g Other fees for servicesPrograms $101,301 · Management $13,959$115,260
IX-12 Advertising and promotionPrograms $11,853 · Management $2,963$14,816
IX-13 Office expensesPrograms $19,608 · Management $19,609$39,217
IX-16 OccupancyPrograms $59,868 · Management $19,956$79,824
IX-17 TravelPrograms $48,693 · Management $7,958$56,651
IX-19 Conferences, conventions and meetingsPrograms $5,388$5,388
IX-23 InsuranceManagement $944$944
IX-24 Other expenses (24a–d)Programs $53,909 · Management $10,002$63,911
IX-24e All other expensesPrograms $22,965 · Management $13,635$36,600
IX-25 Total functional expensesPrograms $323,585 · Management $89,026 · Fundraising $0$412,611
Part X · Balance sheet $34,410 assets, 5 lines filed
X-1 Cash, non-interest-bearing$34,410
X-16 Total assetsStart of year $0$34,410
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $0$34,410
X-33 Total liabilities and net assetsStart of year $0$34,410
Part XI · Reconciliation of net assets $34,410 net assets at year end
XI-1 Total revenue$447,021
XI-2 Total expenses$412,611
XI-3 Revenue less expenses$34,410
XI-10 Net assets at end of year$34,410

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

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