NonprofitsNet Increase Foundation Inc

Religion-Related

Net Increase Foundation Inc

PLANO, TX

Total revenue

$507K

Total expenses

$698K

Net assets

$755K

Grants received

$532K

18 grants

EIN

811825706

Tax year

2024

Mission

To provide programs to teach leadership techniques to young ministry leaders. Net Increase Foundation, Inc. will also provide a mentor-ship program for young ministry leaders.

Financials

FY 2024

Revenue

Contributions & grants$450K
Program service revenue
Investment income$46K
Other revenue$11K
Total revenue$507K

Expenses

Grants paid$217K
Salaries & benefits$309K
Fundraising$31K
Other expenses$171K
Total expenses$698K
Total assets$780K
Net assets$755K

People

4 listed

NameRoleCompensation

Craig Johnson

Director

Board

1 hrs/wk

Todd Dexter

President

Board

1 hrs/wk

Richard Pence

Treasurer

Board

1 hrs/wk

David Roseberry

Executive Director

Staff

$231K

40 hrs/wk

Grants received

Showing 18 of 18

FromAmountPurposeYear
$50K
GENERAL SUPPORT
2024
$6K
LEADERSHIP DEVELOPMENT
2024
$2K
DONATIONS TO COLLEGES, UNIVERSITIES AND OTHER ORGANIZATIONS UNDER "MATCHING GIFTS PROGRAM."
2024
$50K
GENERAL SUPPORT
2023
$10K
For grant recipient's exempt purposes
2023
$50K
THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT.
2022
$5K
DONATIONS TO COLLEGES, UNIVERSITIES AND OTHER ORGANIZATIONS UNDER "MATCHING GIFTS PROGRAM."
2022
$5K
DONATIONS TO COLLEGES, UNIVERSITIES AND OTHER ORGANIZATIONS UNDER "MATCHING GIFTS PROGRAM."
2021
$50K
GENERAL SUPPORT
2020
$7K
For grant recipient's exempt purposes
2020
$53K
RELIGION RELATED
2019
$7K
For grant recipient's exempt purposes
2019
$50K
RELIGION RELATED
2018
$10K
For grant recipient's exempt purposes
2018
$15K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017

Funded by

$532K from 7 funders · 18 grants · 2017–2024

Donor Advised Charitable Giving Inc

$156K · 3 grants · 2017–2019

The Dallas Foundation

$150K · 3 grants · 2020–2024

National Philanthropic Trust

$100K · 1 grant · 2023

Fidelity Investments Charitable Gift Fund

$49K · 5 grants · 2017–2023

Natl Christian Charitable Fdn Inc

$16K · 2 grants · 2023–2024

Texas Instruments Foundation

$12K · 3 grants · 2021–2024

Details

EIN811825706
NTEE codeX20
Subsection03
Ruling date2016-09
Formed2016
Employees1
Volunteers5
NET INCREASE FOUNDATION INC — Mission, Financials & Grants Received | Grantivo