| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 8,300 | 8,300 |
| Description of Amortized Expenses | Date Acquired, Completed, or Expended | Amount Amortized | Deduction for Prior Years | Amortization Method | Current Year Amortization | Net Investment Income | Adjusted Net Income | Total Amount of Amortization |
|---|---|---|---|---|---|---|---|---|
| 2017 TRADEMARKS | 2017-07-01 | 5,161 | 344 | 15.0 | 344 | 688 | ||
| 2018 TRADEMARKS | 2018-02-01 | 1,325 | 37 | 15.0 | 88 | 125 | ||
| 2019 FYE TRADEMARK | 2018-11-15 | 110 | 15.0 | 5 | 5 |
| Description of Property | Date Acquired | Cost or Other Basis | Prior Years' Depreciation | Computation Method | Rate / Life (# of years) |
Current Year's Depreciation Expense | Net Investment Income | Adjusted Net Income | Cost of Goods Sold Not Included |
|---|---|---|---|---|---|---|---|---|---|
| 2015 EQUIPMENT | 2015-07-01 | 6,834 | 5,260 | M5 | 787 | ||||
| 2015 FURNITURE | 2015-07-01 | 1,134 | 709 | M7 | 142 | ||||
| 2016 EQUIPMENT | 2016-07-01 | 536 | 330 | M5 | 103 |
| Identifier | Return Reference | Explanation |
|---|---|---|
| Part IX-A | Part IX-A | Explore God (public charity) and Explore God Network (private foundation) have a Joint Venture Agreement where they work jointly together towards the same program goals. The primary charitable focus of Explore God (formerly known as WE, INC.) and Explore God Network is to create and leverage quality content and media that enables young adults, seekers, and Christians to explore God, experience God, and engage in Gods plan for their life. Using cutting-edge technology, we facilitate spiritual conversations, equip churches to reach out to the next generation, and partner with individuals and ministries to fulfill the Great Commission. In FY19, the organization directly supported more than 1,000 churches and ministries in their efforts to reach their local community with the gospel using Explore God series and resources. We provided the material (sermon and discussion group guides, training, videos, articles, devotionals, white papers, etc.) to English- and Spanish-speaking churches and ministries throughout the world. These efforts were further supported by promotional materials and marketing assistance provided by Explore God. DURING 2019, EXPLORE GOD: Resourced 1,071 churches and ministries across the world with free materials and training Supported 2,024 Explore God Discussion Groups across the world with free materials and training Executed Community Outreach Initiative training sessions for local Steering Committees Developed and produced marketing collateral and invitations to further community involvement in Explore God initiatives Averaged over 154,000 website visitors per month to Explore God free resources Engaged more than 11.5 million English and Spanish-speaking individuals in 78 countries on social media with our articles, videos, graphics, and discussion questions Produced 2 monthly digital updates and newsletters to strengthen ministry relationships and encourage relevant or seasonal content engagement Acquired 25,931 new email subscribers for discipleship content Provided free Explore God videos to Intercape Coaches, a bus company in South Africa, for viewings by their 1.5 million riders in order to promote spiritual growth Completed several improvements to the Explore God portal website to help churches better connect, equip, and execute Explore God outreaches in their local community Completed implementation of a new CRM to better facilitate outreach and relationships with customers and ministry partners across the world Completed Phase I of CMS development to support ongoing digital discipleship sustainability Completed translations of CMS content library into Spanish Developed Resource & Equipping strategy for our CMS updates including the addition of 7 new devotional series, each in English and Spanish |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| BACK TO THE BIBLE CONTENT | 100,000 | 100,000 | 100,000 |
| DUE FROM SRE | 92 | 92 | 92 |
| OTHER RECEIVABLES | 2,096 | 49 | 49 |
| TRADEMARKS | 6,486 | 6,596 | 6,596 |
| ACCUM AMORT | -381 | -819 | -819 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| POSTAGE | 190 | 190 | ||
| IT FEES | 3,650 | 3,650 | ||
| DUES & SUBSCRIPTIONS | 115 | 115 | ||
| EMPLOYEE RELATED EXPENSES | 1,859 | 1,859 | ||
| EQUIPMENT EXPENSE | 73 | 73 | ||
| INSURANCE | -1,013 | -1,013 | ||
| MEALS & ENTERTAINMENT | 156 | 156 |
| Description | Amount |
|---|---|
| PRIOR PERIOD ADJUSTMENT | 60 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| DUE TO SI | 0 | 162 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROFESSIONAL FEES | 18,279 | 18,279 |
| Category | Gross Sales | Cost of Goods Sold | Net (Gross Sales Minus Cost of Goods Sold) |
|---|---|---|---|
| PRODUCT INCOME | 9,983 | 9,983 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 31,884 | 31,884 | ||
| OTHER TAXES | 274 | 274 |