MULTIPLICATION NETWORK MINISTRIES

EIN: 260276601 501(c)(3) Religion

SAUK VILLAGE, IL

Total Revenue
$6,375,996
Total Expenses
$6,799,193
Total Assets
$3,389,623
Net Assets
$3,175,049
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
IL
Phone
7084141050
Tax Period
2024-01-01 to 2024-12-31

MULTIPLICATION NETWORK MINISTRIES, founded in 2007, is a community nonprofit in the Religion sector that reported $6.4M in total revenue in fiscal year 2024.

Mission

To equip church leaders with tools and resources to strengthen and multiply healthy churches. MORE CHURCHES is a modular program for church planting in which leaders are challenged to plant new churches through a proven strategy. Practical skills biblical training mentoring and follow-up form this intensive action reflection model. STRONGER CHURCHES is a process to strengthen the local church. Diagnostic tools help assess church health leading to a healthy conversation and strategic planning.

Program Service Accomplishments

Program 1
Expenses: $1,447,880 Revenue: $0

Latin America -Training and resources are provided to a network of national leaders throughout the region who train congregations and individuals in church growth church health and church planting...

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Latin America -Training and resources are provided to a network of national leaders throughout the region who train congregations and individuals in church growth church health and church planting. We aim to provide this training and these resources to typically under-resourced areas to grow strong churches in towns and neighborhoods throughout Latin America even in the most remote areas. Strong and healthy churches are proven to affect positive changes in the lives of individuals and communities by sharing and applying the message of Gods work through Jesus Christ.

Program 2
Expenses: $1,008,124 Revenue: $0

East & South West Asia - Church planting and Scripture placement. This region is an area of growing ministry opportunity for MNM. During 2022 the organization continued to develop more ministry...

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East & South West Asia - Church planting and Scripture placement. This region is an area of growing ministry opportunity for MNM. During 2022 the organization continued to develop more ministry relationships and to build on its base. We have observed that passionate and committed East Asian church leaders who serve in under-resourced areas need training in evangelism and discipleship to establish and grow healthy churches. We provide both scriptures and the type of training needed to those leaders with limited access to these resources. In 2021 over 92,000 Bibles were provided to those who have limited access.

Program 3
Expenses: $997,325 Revenue: $0

Africa - Training and resources are provided to a network of national leaders throughout East Africa and West Africa who then train other leaders in effective church growth church health and church...

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Africa - Training and resources are provided to a network of national leaders throughout East Africa and West Africa who then train other leaders in effective church growth church health and church planting. The same processes used in Latin America have been shown to accelerate growth in Africa.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $6,249,045
Program Service Revenue $0
Investment Income $126,951
Other Revenue $0
TOTAL REVENUE $6,375,996

Expense Breakdown

Grants Paid $3,037,387
Salaries & Benefits $2,510,206
Fundraising Expenses $1,399,262
Program Expenses $5,010,532
Other Expenses $1,251,600
TOTAL EXPENSES $6,799,193

Year-over-Year Comparison

2024 2023 Change
Revenue $6,375,996 $6,202,344 +0.0%
Expenses $6,799,193 $6,453,060 +0.1%
Net Income $-423,197 $-250,716 +0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
23
Volunteers
220

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$187,740
Total Directors
7
$0
Key Employees
3
$458,040
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
David Stravers Treasurer 1.00
Director
$0 $0 $0
Mary Lynn Spear Vice-Chairperson 1.00
Director
$0 $0 $0
Mike Gaetke Secretary 1.00
Director
$0 $0 $0
Greg Elzinga Board member 1.00
Director
$0 $0 $0
Marielisa Garcia Board member 1.00
Director
$0 $0 $0
John Wagenveld President 40.00
Officer Key Emp Highest
$187,740 $0 $187,740
Jim Dosch Board member 1.00
Director
$0 $0 $0
Todd Benkert Chairman 1.00
Director
$0 $0 $0
Ken Neevel VP Development and Communication 40.00
Key Emp Highest
$158,295 $0 $158,295
Ben Meyer VP Ministry 40.00
Key Emp Highest
$112,005 $0 $112,005
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $6,375,996 $6,799,193 $3,389,623 $-423,197
2023 $6,202,344 $6,453,060 $3,905,493 $-250,716
2022 $5,395,581 $5,835,438 $4,239,352 $-439,857
2021 $4,876,531 $4,100,310 $4,464,363 $776,221
2020 $4,774,984 $3,496,939 $3,640,158 $1,278,045
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