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Employer Identification Number 46-0985976

7 BILLION REASONS INC is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:7 BILLION REASONS INC
Employer identification number (EIN):46-0985976
EIN Issuing AuthorityInternet
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code

Organization Overview

Mission Statement7 BILLION REASONS IS A GLOBAL ORGANIZATION WHOSE MISSION IS TO GO AND SHARE THE LOVE OF JESUS CHRIST BY MEETING SPIRITUAL, EDUCATIONAL, AND PHYSICAL NEEDS IN IMPOVERISHED COMMUNITIES THROUGHOUT THE WORLD.
Number of Employees0
Number of Volunteers18
Year Formed2012

Organization Governance

Legal DomicileNC
Voting Members - Governing Body6
Voting Members - Independent6

Organization Financials

2022-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 2
Investment Income from current yearUSD $ 477
Other Revenue from prior yearUSD $ 17,200
Other Revenue from current yearUSD $ 7,783
Gross receipts from all sourcesUSD $ 188,781
Net assets / fund balances at end of fiscal yearUSD $ 508,305
Net assets / fund balances at beginning of fiscal yearUSD $ 508,367
Total liabilities at end of fiscal yearUSD $ 0
Total liabilities at beginning of fiscal yearUSD $ 0
Total assets at end of fiscal yearUSD $ 508,305
Total assets at beginning of fiscal yearUSD $ 508,367
Revenues less expenses for current yearUSD $ -62
Revenues less expenses for previous yearUSD $ 59,221
Total expenses for current yearUSD $ 185,468
Total expenses for previous yearUSD $ 145,534
Other expenses in current yearUSD $ 185,468
Other expenses in previous yearUSD $ 145,534
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Employee salary and benefits paid in previous yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 185,406
Total revenue in previous fiscal yearUSD $ 204,755
Contributions and grants from current yearUSD $ 177,146
Contributions and grants from previous yearUSD $ 187,553
Gross income from fundraising eventsUSD $ 10,733
2021-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 552
Investment Income from current yearUSD $ 2
Other Revenue from prior yearUSD $ 7,838
Other Revenue from current yearUSD $ 17,200
Gross receipts from all sourcesUSD $ 208,186
Net assets / fund balances at end of fiscal yearUSD $ 508,367
Net assets / fund balances at beginning of fiscal yearUSD $ 463,304
Total liabilities at end of fiscal yearUSD $ 0
Total liabilities at beginning of fiscal yearUSD $ 0
Total assets at end of fiscal yearUSD $ 508,367
Total assets at beginning of fiscal yearUSD $ 463,304
Revenues less expenses for current yearUSD $ 59,221
Revenues less expenses for previous yearUSD $ 65,746
Total expenses for current yearUSD $ 145,534
Total expenses for previous yearUSD $ 92,873
Other expenses in current yearUSD $ 145,534
Other expenses in previous yearUSD $ 92,873
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Employee salary and benefits paid in previous yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 204,755
Total revenue in previous fiscal yearUSD $ 158,619
Contributions and grants from current yearUSD $ 187,553
Contributions and grants from previous yearUSD $ 150,229
Gross income from fundraising eventsUSD $ 10,073
Cost of goods soldUSD $ 0
Gross sales of inventory assetsUSD $ 10,558
2020-12-31
Gross receipts from all sourcesUSD $ 158,645
Net assets / fund balances at end of fiscal yearUSD $ 463,304
Net assets / fund balances at beginning of fiscal yearUSD $ 397,558
Contributions, Grants, Gifts etc from current yearUSD $ 150,229
Cost of goods soldUSD $ 26
Total revenueUSD $ 158,619
Fees and other payments to independent contractorsUSD $ 6,300
Total of all other expensesUSD $ 79,040
Total of all expensesUSD $ 92,873
Net assets or fund balances at end of yearUSD $ 65,746
Gross sales of inventory assetsUSD $ 7,864
Gross profit/loss Sales of inventoryUSD $ 7,838
Rent, utilities and maintenance costsUSD $ 7,393
2019-12-31
Gross receipts from all sourcesUSD $ 142,225
Net assets / fund balances at end of fiscal yearUSD $ 397,558
Net assets / fund balances at beginning of fiscal yearUSD $ 377,966
Contributions, Grants, Gifts etc from current yearUSD $ 140,604
Direct expenses fromspecial eventsUSD $ 572
Cost of goods soldUSD $ 247
Total revenueUSD $ 141,406
Fees and other payments to independent contractorsUSD $ 2,810
Total of all other expensesUSD $ 112,364
Total of all expensesUSD $ 120,507
Net assets or fund balances at end of yearUSD $ 20,899
Net difference of special event income minus expensesUSD $ -572
Gross sales of inventory assetsUSD $ 736
Gross profit/loss Sales of inventoryUSD $ 489
Rent, utilities and maintenance costsUSD $ 5,163
2018-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 75
Investment Income from current yearUSD $ 585
Other Revenue from prior yearUSD $ 3,246
Other Revenue from current yearUSD $ 494
Gross receipts from all sourcesUSD $ 220,072
Net assets / fund balances at end of fiscal yearUSD $ 377,966
Net assets / fund balances at beginning of fiscal yearUSD $ 287,684
Total liabilities at end of fiscal yearUSD $ 0
Total liabilities at beginning of fiscal yearUSD $ 0
Total assets at end of fiscal yearUSD $ 377,966
Total assets at beginning of fiscal yearUSD $ 287,684
Revenues less expenses for current yearUSD $ 90,282
Revenues less expenses for previous yearUSD $ 99,367
Total expenses for current yearUSD $ 129,728
Total expenses for previous yearUSD $ 93,260
Other expenses in current yearUSD $ 129,728
Other expenses in previous yearUSD $ 93,260
Total fundraising expenses in current yearUSD $ 2,573
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Employee salary and benefits paid in previous yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 220,010
Total revenue in previous fiscal yearUSD $ 192,627
Contributions and grants from current yearUSD $ 218,931
Contributions and grants from previous yearUSD $ 189,306
Cost of goods soldUSD $ 62
Gross sales of inventory assetsUSD $ 556
2017-12-31
Gross receipts from all sourcesUSD $ 196,390
Net assets / fund balances at end of fiscal yearUSD $ 287,684
Net assets / fund balances at beginning of fiscal yearUSD $ 198,038
Contributions, Grants, Gifts etc from current yearUSD $ 189,306
Gross income from fundraising eventsUSD $ 5,890
Direct expenses fromspecial eventsUSD $ 3,763
Total revenueUSD $ 192,627
Fees and other payments to independent contractorsUSD $ 7,517
Total of all other expensesUSD $ 93,260
Total of all expensesUSD $ 102,981
Net assets or fund balances at end of yearUSD $ 89,646
Net difference of special event income minus expensesUSD $ 2,127
Gross sales of inventory assetsUSD $ 1,119
Gross profit/loss Sales of inventoryUSD $ 1,119
Rent, utilities and maintenance costsUSD $ 2,093
2016-12-31
Gross receipts from all sourcesUSD $ 108,558
Net assets / fund balances at end of fiscal yearUSD $ 198,038
Net assets / fund balances at beginning of fiscal yearUSD $ 173,121
Contributions, Grants, Gifts etc from current yearUSD $ 104,041
Gross income from fundraising eventsUSD $ 2,829
Direct expenses fromspecial eventsUSD $ 6,580
Cost of goods soldUSD $ 904
Total revenueUSD $ 101,074
Fees and other payments to independent contractorsUSD $ 3,940
Total of all other expensesUSD $ 70,047
Total of all expensesUSD $ 76,157
Net assets or fund balances at end of yearUSD $ 24,917
Net difference of special event income minus expensesUSD $ -3,751
Gross sales of inventory assetsUSD $ 1,688
Gross profit/loss Sales of inventoryUSD $ 784
Rent, utilities and maintenance costsUSD $ 1,919

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 460985976

USA Mailing Address
PO Box 1035
Cary
NC
27512
Date first seen: 2007-01-01
Date last seen: 2023-12-31
USA Mailing Address
3204 COLBY CHASE DRIVE
APEX
NC
27539
Date first seen: 2007-01-01
Date last seen: 2023-12-31

EIN Events

Event Date Event description
2013-12-31Form 990-N declaration of Gross Receipts Under $25,000 in tax year 2013

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

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