7 Billion Reasons Inc

EIN: 460985976 501(c)(3) International Affairs

Cary, NC

Total Revenue
$251,280
Total Expenses
$195,722
Total Assets
$677,044
Net Assets
$677,044
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
NC
Principal Officer
MARK KANODE
Phone
9193450843
Tax Period
2025-01-01 to 2025-12-31

7 Billion Reasons Inc, founded in 2014, is a small nonprofit in the International Affairs sector that reported $251K in total revenue in fiscal year 2025. Revenue fell 30% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $56K, a strong 22% operating margin.

Mission

TO GO AND SHARE THE LOVE OF JESUS CHRIST BY MEETING SPIRITUAL, EDUCATIONAL, AND PHYSICAL NEEDS IN IMPOVERISHED COMMUNITIES THROUGHOUT THE WORLD.

Program Service Accomplishments

Program 1
Expenses: $187,351

7 BILLION REASONS PROVIDES FOR AND RUNS GLOBAL LEADERSHIP SCHOOL, A PRIMARY SCHOOL IN BUSIA, UGANDA. ALONG WITH THE EXCELLENT ACADEMICS, WE PROVIDE THE STUDENTS AND STAFF WITH 2 MEALS A DAY, SUPPLIES...

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7 BILLION REASONS PROVIDES FOR AND RUNS GLOBAL LEADERSHIP SCHOOL, A PRIMARY SCHOOL IN BUSIA, UGANDA. ALONG WITH THE EXCELLENT ACADEMICS, WE PROVIDE THE STUDENTS AND STAFF WITH 2 MEALS A DAY, SUPPLIES AND MEDCIAL CARE AS NEEDED. IN ADDITION, 7 BILLION REASONS EQUIPS PASTORS, CHURCH LEADERS, AND OTHER ADULTS IN UGANDA FOR SERVICE THROUGH TRAINING AND DISCIPLESHIP. FINALLY, 7 BILLION REASONS PROVIDES SUPPORT TO COMMUNITY MEMBERS IN BUSIA THROUGH PHYSICAL AID BASED ON NEED.

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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 (2025)

Revenue Breakdown

Contributions & Grants $253,939
Program Service Revenue $0
Investment Income $3,626
Other Revenue $-6,285
TOTAL REVENUE $251,280

Expense Breakdown

Grants Paid $166,776
Salaries & Benefits $0
Fundraising Expenses $6,202
Program Expenses $187,351
Other Expenses $28,946
TOTAL EXPENSES $195,722

Year-over-Year Comparison

2025 2024 Change
Revenue $251,280 $359,386 -0.3%
Expenses $195,722 $206,831 -0.1%
Net Income $55,558 $152,555 -0.6%
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

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
35

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
3
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARK KANODE PRESIDENT 8.00
Officer Director
$0 $0 $0
CHRISTINE WERTZ VICE PRESIDENT 8.00
Officer Director
$0 $0 $0
LORI KANODE TREASURER 8.00
Officer Director
$0 $0 $0
MICHAEL HARWOOD ADVISORY COUNCIL MEMBER 1.00
Director
$0 $0 $0
KATHLEEN HARWOOD ADVISORY COUNCIL MEMBER 1.00
Director
$0 $0 $0
KEITH SCHOMBURG ADVISORY COUNCIL MEMBER 1.00
Director
$0 $0 $0
KRISTY DECICCO BOARD MEMBER 5.00
Director
$0 $0 $0
ANDREW GRIFFIN BOARD MEMBER 5.00
Director
$0 $0 $0
KELSEY GRIFFIN BOARD MEMBER 5.00
Director
$0 $0 $0
WADE FICKEN ADVISORY COUNCIL MEMBER 1.00
Director
$0 $0 $0
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
2025 $251,280 $195,722 $677,044 $55,558
2025 No data No data No data No data
2024 $359,386 $206,831 $644,295 $152,555
2023 $179,876 $197,325 $490,856 $-17,449
2022 $185,406 $185,468 $508,305 $-62
2021 $204,755 $145,534 $508,367 $59,221
2018 $220,010 $129,728 $377,966 $90,282
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