This pie chart shows a general overview of the IRS categorical expenses for our non-profit. The data on this chart is from fiscal year 2020 (incidentally a very low year for missions traveling due to the pandemic, so the amounts of prior and likely future years are differing.) We will file our form 990 with the IRS with a year to date amount of total income of $49,937*.
Program Expenses are defined as the costs for accomplishing our mission statement (includes activities like giving humanitarian aid support for orphans and vulnerable children primarily this year of $13,516, along with mission trip funds of $16,216 and the cost of our radio ministry of $510 reaching 73 nations for instance. It also includes the minimum wage salary for one staff member of $14,500 for full time work for a grand total year to date of $44,742.)
Administrative Expenses are defined as the costs for the overhead of the ministry and include things such as the office expenses and supplies needed to run the organization from an operational basis, such as the website hosting fees, training classes for staff, accounting fees, etc. currently totaling $5,520.
Fundraising Expenses are defined just as implied, the fees for our database for email and text campaigns for instance are included here for a total of $675.
Generally speaking from a historical accounting look back over the many decades of mission trips with our family, for every dollar donated, one child has come to Christ. Even in this odd year for pandemic travel restrictions, it is still close to true accounting too with the new technology outreaches such as international radio ministry reaching thousands weekly all over the globe.
Investing into Family of Faith Global Missions is sowing into eternity for reaching boys and girls for Jesus! Thank you partners for believing in this vision.