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Nonprofit · EIN 45-4312671

FAITH DRIVEN MOVEMENTS

Also known as JOHN SIVERLING

Tax-exempt · CHARLOTTE, NC 28277

Financials

$4M$4M2023$5M$4.9M2024
Revenue Expenses · by fiscal year end
Financials of FAITH DRIVEN MOVEMENTS by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$5,007,400$4,922,518$84,882$351,996$196,950$155,046
December 31, 2023990$4,000,006$4,007,034-$7,028$132,726$104,923$27,803
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$4,884,375
Program service revenue
$122,984
Investment income
$41
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$314,353
Other salaries and wages
$2,164,986
Salaries, compensation and benefits (total)
$2,961,063
Professional fundraising fees
$0
Legal fees
$21,728
Accounting fees
$65,000
Travel
$184,958
Depreciation
$8,628
Program services (functional)
$2,423,111
Management and general (functional)
$2,499,407

Balance sheet and other

Total assets, start of year
$132,726
Total assets, end of year
$351,996
Total liabilities, end of year
$196,950
Net assets, end of year
$155,046
Land, buildings and equipment
$30,346
Gross receipts
$5,007,400
Employees
36
Volunteers
546
Year formed
2012
State of legal domicile
NC

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
JUSTIN FORMANEXECUTIVE DIRECTOR/BOARD M
Trustee or director, Officer
40$296,766$17,587
BEN MCLENNANREGIONAL DIRECTOR OF COMMUNITY, WEST COAST
Key employee
40$152,846$16,634
ERIN NICHOLSDIRECTOR OF OPERATIONS AND COMMUNICATIONS
Highest-paid employee
40$130,592$12,225
SAMANTHA COUCHVP OF COMMUNITY FAITH DRIVEN INVESTOR
Highest-paid employee
40$116,080$6,846
JUSTIN LOWESENIOR VIDEO PRODUCER
Highest-paid employee
40$110,034$6,678
AUTUMN HANLINEVP OF STRATEGIC PARTNERSHIPS
Highest-paid employee
40$100,789$4,007
HENRY KAESTNERBOARD MEMBER
Trustee or director
30$0$0
LUKAS M ROUSHBOARD MEMBER
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensationOther / benefits
JUSTIN FORMANEXECUTIVE DIRECTOR/BOARD M
Trustee or director, Officer
40$231,750$8,909
KALEN HOLDENAMBASSADOR OF THE MOVEMENT
Highest-paid employee
40$137,050$0
SUE ALICE SAUTHOFFVICE PRESIDENT OF COMMUNITY
Highest-paid employee
40$129,292$2,328
KATHERINE TROUT BRAYNARDDIRECTOR OF PARTNERSHIPS
Highest-paid employee
40$116,942$11,800
RICHARD CUNNINGHAMDIRECTOR OF PARTNERSHIPS FOR ENTREPRENEURS
Highest-paid employee
40$110,500$3,841
JUSTIN LOWESENIOR VIDEO PRODUCER
Highest-paid employee
40$106,739$7,556
HENRY KAESTNERBOARD MEMBER
Trustee or director
30$0$0
LUKAS M ROUSHBOARD MEMBER
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
13850 BALLANTYNE CORPORATE PL 550, CHARLOTTE, NC 28277-2829
Principal officer (990 for 2024)
JUSTIN FORMAN, 1905 ARMSTRONG DRIVE, ALLEN, TX 75002
Signed the 990
JUSTIN FORMAN, EXECUTIVE DIRECTOR
Phone
(919) 743-2552
Return prepared by
THOMAS JUDY & TUCKER PA

Mission

TO DEVELOP CONTENT AND FACILITATE COMMUNITY TO MOBILIZE ENTREPRENEURS AND INVESTORS TO USE THEIR TIME, TALENTS, AND RESOURCES IN THE MARKETPLACE.

990 for the year ended December 31, 2024

Program accomplishments

  • COMMUNITY: WE PROVIDE MULTIPLE DISCIPLESHIP AND MENTORSHIP OPPORTUNITIES FOR ENTREPRENEURS AND INVESTORS TO FIND COMMUNITY BOTH LOCALLY AND GLOBALLY, IN-PERSON AND ONLINE. IT STARTS WITH A FOUNDATION COURSE OF 6-8 WEEKS TO GET STARTED ON THEIR JOURNEY. AFTER COMPLETION THEY HAVE THE OPPORTUNITY TO CONTINUE MEETING FOR YEARS TO COME WITH OTHER ENTREPRENEURS AND INVESTORS. WE ALSO OFFER A WEEKLY PRAYER MEETING AND ONLINE VIRTUAL EVENTS.
    Expenses $267,216 · grants $122,984
  • CONTENT: FAITH DRIVEN MOVEMENTS IS A MINISTRY ABOUT DISCIPLING ENTREPRENEURS AND INVESTORS TO MAKE A DIFFERENCE AND IMPACT THE LIVES OF THEIR TEAMS AND THEIR COMMUNITIES. WE CREATE PODCASTS AND BLOG POSTS THAT HIGHLIGHT THE VOICES OF LEADERS AROUND THE WORLD. WE ALSO HAVE AN EVER-INCREASING LIBRARY OF VIDEO SERIES THAT DISCIPLE LEADERS BOTH INDIVIDUALLY AND IN GROUP SETTINGS. ACCOMPANYING MOST OF THESE SERIES ARE PUBLISHED BOOKS AND PARTICIPANT GUIDES.
    Expenses $1,826,452
  • CONNECTIONS: AS WE ENCOURAGE AND DISCIPLE LEADERS THROUGH CONTENT AND COMMUNITY, WE ALSO WANT TO CONNECT THEM TO THE NETWORK OF 150 OTHER MINISTRIES THAT CAN HELP THEM ON THEIR JOURNEY. THIS NETWORK INCLUDES CAPACITY BUILDERS, OTHER CEO NETWORKING GROUPS, CONFERENCES, AND SCHOOLS. WE ALSO PROVIDE A VIRTUAL PLATFORM FOR ENTREPRENEURS SEEKING CAPITAL TO CONNECT WITH LIKE-MINDED INVESTORS, PARTICULARLY IN EMERGING ECONOMIES.
    Expenses $329,443

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
45-4312671
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
2013
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$351,996
Income (IRS master file)
$5,007,400

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$5,007,400$4,922,518$351,996IRS
990December 2023$4,000,006$4,007,034$132,726XML
990December 2022$4,573,349$3,595,185$135,779IRS
990December 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2019–––IRS
990-EZDecember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 45-4312671).

Questions about FAITH DRIVEN MOVEMENTS

What is the EIN of FAITH DRIVEN MOVEMENTS?
The employer identification number (EIN) of FAITH DRIVEN MOVEMENTS is 45-4312671.
Is FAITH DRIVEN MOVEMENTS tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2013.
Are donations to FAITH DRIVEN MOVEMENTS tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does FAITH DRIVEN MOVEMENTS file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of FAITH DRIVEN MOVEMENTS due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FAITH DRIVEN MOVEMENTS last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of FAITH DRIVEN MOVEMENTS?
The 990 for the year ended December 31, 2024 names JUSTIN FORMAN.
Who are the officers and directors of FAITH DRIVEN MOVEMENTS?
The 990 for the year ended December 31, 2024 lists 8 people; 6 received compensation from the organization, the highest $296,766 (JUSTIN FORMAN, EXECUTIVE DIRECTOR/BOARD M).
How much revenue does FAITH DRIVEN MOVEMENTS have?
On its 990 for the year ended December 31, 2024 it reported revenue of $5,007,400, expenses of $4,922,518 and total assets of $351,996 at year end.

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