| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING PROFESSIONAL FEES | 12,450 | 12,450 |
| 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 | 1,032 | 15.0 | 344 | 1,376 | ||
| 2018 TRADEMARKS | 2018-02-01 | 1,325 | 213 | 15.0 | 88 | 301 | ||
| 2019 FYE TRADEMARK | 2018-11-15 | 110 | 12 | 15.0 | 7 | 19 |
| 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 | 6,834 | M5 | |||||
| 2015 FURNITURE | 2015-07-01 | 1,134 | 952 | M7 | 101 | ||||
| 2016 EQUIPMENT | 2016-07-01 | 536 | 495 | M5 | 41 |
| 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 TOWARD 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 GOD'S 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 FY21, THE ORGANIZATION DIRECTLY SUPPORTED CHURCHES AND MINISTRIES DURING THE COVID PANDEMIC WITH ONLINE RESOURCES AND SERVICES TO REACH THEIR LOCAL COMMUNITY WITH THE GOSPEL. WE PROVIDED MATERIALS (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 FY 2021, EXPLORE GOD: LAUNCHED THE EXPLORE GOD INVITATION, A COMPREHENSIVE RESOURCE THAT INVITES USERS TO ACCEPT THE GOSPEL, THEN EQUIPS THEM TO LIVE OUT THEIR NEWFOUND FAITH OR HELPS THEM CONTINUE TO EXPLORE ANSWERS TO THEIR QUESTIONS ABOUT FAITH. REACHED PEOPLE THROUGH OUR WEBSITE TO ANSWER PEOPLE'S QUESTIONS ABOUT GOD AND FAITH AND HELP THEM GROW SPIRITUALLY. ENGAGED MORE THAN 11 MILLION ENGLISH- AND SPANISH-SPEAKING INDIVIDUALS IN 79 COUNTRIES ON SOCIAL MEDIA WITH OUR SPIRITUAL GROWTH GUIDES, ARTICLES, VIDEOS, GRAPHICS, AND DISCUSSION QUESTIONS. RESOURCED CHURCHES AND MINISTRIES ACROSS THE WORLD WITH FREE OUTREACH MATERIALS AND TRAINING. EQUIPPED DISCUSSION GROUP FACILITATORS ACROSS THE WORLD WITH FREE SERIES MATERIALS AND TRAINING SO THEY COULD HOST SPIRITUAL CONVERSATIONS IN THEIR LOCAL COMMUNITIES. PRODUCED RELEVANT DISCIPLESHIP COMMUNICATIONS AND RESOURCES TO HELP PEOPLE GROW SPIRITUALLY AND FIND HOPE IN HARD TIMES. FOR INSTANCE, WE PRODUCED A GUIDE BY A LICENSED CHRISTIAN COUNSELOR TO HELP PEOPLE DEAL WITH ISOLATION DURING THE PANDEMIC. ENCOURAGED THOUSANDS THROUGH DAILY INSPIRATION DEVOTIONAL EMAILS. 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. IMPLEMENTED DATA ANALYTICS AND TRACKING IN ORDER TO GROW AND IMPROVE OUR ABILITY TO REACH PEOPLE WITH THE GOSPEL IN AN EFFICIENT, COST-EFFECTIVE MANNER. |
| 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 |
| TRADEMARKS | 6,596 | 8,504 | 8,504 |
| ACCUM AMORT | -1,255 | -1,694 | -1,694 |
| DUE FROM SI | 131 | 0 | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| POSTAGE | 23 | 23 | ||
| IT FEES | 1,653 | 1,653 | ||
| EMPLOYEE RELATED EXPENSES | 1,403 | 1,403 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| DUE TO SRE | 778 | 778 |
| OTHER LIABILITIES | 0 | -4,511 |
| Category | Gross Sales | Cost of Goods Sold | Net (Gross Sales Minus Cost of Goods Sold) |
|---|---|---|---|
| PRODUCT INCOME | 60 | 60 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 27,095 | 27,095 |