Nonprofit · EIN 74-2698244
COMPASSION MINISTRIES OF WACO INC
Also known as COMPASSION MINISTRIES
Tax-exempt · WACO, TX 76701
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $964,352 | $496,128 | $468,224 | $8,992,924 | $55,485 | $8,937,439 |
| December 31, 2023 | 990 | $413,125 | $454,798 | -$41,673 | $8,198,657 | $62,385 | $8,136,272 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $321,403
- Program service revenue
- $28,312
- Investment income
- $547,724
- Net gain from sales of assets
- $408,708
- Net income from fundraising events
- $66,913
- Other revenue
- $66,913
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $107,162
- Other salaries and wages
- $85,234
- Salaries, compensation and benefits (total)
- $210,251
- Professional fundraising fees
- $0
- Legal fees
- $4,768
- Accounting fees
- $29,853
- Occupancy
- $118,735
- Travel
- $665
- Depreciation
- $59,253
- Program services (functional)
- $260,611
- Management and general (functional)
- $209,333
- Fundraising (functional)
- $26,184
Balance sheet and other
- Total assets, start of year
- $8,198,657
- Total assets, end of year
- $8,992,924
- Total liabilities, end of year
- $55,485
- Net assets, end of year
- $8,937,439
- Land, buildings and equipment
- $922,768
- Net assets without donor restrictions
- $8,937,439
- Gross receipts
- $988,471
- Employees
- 14
- Volunteers
- 55
- Year formed
- 1994
- State of legal domicile
- TX
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STACI LOVE | EXECUTIVE DIRECTOR Officer | 40 | $34,875 |
| MARY COLEMAN | RECORDING SECRETARY Trustee or director, Officer | 1 | $0 |
| LOTTIE BOSTICK | TREASURER Trustee or director, Officer | 1 | $0 |
| MISTI JOHNSTON | PRESIDENT Trustee or director, Officer | 1 | $0 |
| DAVID DICKSON | PAST PRESIDENT Trustee or director, Officer | 0.5 | $0 |
| KATIE PRICE | DIRECTOR Trustee or director | 0.5 | $0 |
| CHANTELL GEORGE | DIRECTOR Trustee or director | 0.5 | $0 |
| PRISCILLA GUTIERREZ-STINNETT | DIRECTOR Trustee or director | 0.5 | $0 |
| RACHEL PULLEN | DIRECTOR Trustee or director | 0.5 | $0 |
| DONNA CARBAJAL | DIRECTOR Trustee or director | 0.5 | $0 |
| BESS DUNNER | DIRECTOR Trustee or director | 0.5 | $0 |
990 for the year ended December 31, 2023: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| AMANDA SAMANIEGOJANUARY - DECEMBER | EXECUTIVE DIRECTOR Officer | 40 | $67,000 |
| JARED BREITKREUTZ | PAST PRESIDENT Trustee or director, Officer | 1 | $0 |
| DEBBIE LUCE | PRESIDENT Trustee or director, Officer | 1 | $0 |
| CHERYL ALLEN | RECORDING SECRETARY Trustee or director, Officer | 1 | $0 |
| MARY COLEMAN | CORRESPONDING SEC Trustee or director, Officer | 1 | $0 |
| LOTTIE BOSTICK | TREASURER Trustee or director, Officer | 1 | $0 |
| BETH BADEAUX | PRESIDENT ELECT Trustee or director, Officer | 1 | $0 |
| PHIL MARTINEZ | DIRECTOR Trustee or director | 0.5 | $0 |
| MARY ANNA BOWENS | DIRECTOR Trustee or director | 0.5 | $0 |
| MISTI JOHNSTON | DIRECTOR Trustee or director | 0.5 | $0 |
| CHRIS SPROLES | DIRECTOR Trustee or director | 0.5 | $0 |
| DAVID DICKSON | DIRECTOR Trustee or director | 0.5 | $0 |
| EDITH REITMEIER | DIRECTOR Trustee or director | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 1421 AUSTIN AVE, WACO, TX 76701-1709
- In care of
- % KERRY HAGAN OR JIMMY DORRELL
- Principal officer (990 for 2024)
- STACI LOVE, 1421 AUSTIN AVE, WACO, TX 76701
- Signed the 990
- STACI LOVE, EXECUTIVE DIRECTOR
- Phone
- (254) 755-7640
- Website
- WWW.COMPASSIONWACO.COM
- Return prepared by
- PATTILLO BROWN & HILL LLP
Mission
IT IS THE MISSION OF THE ORGANIZATION TO PROVIDE SERVICES TO DISADVANTAGED AND HOMELESS FAMILIES WITH CHILDREN; TO REINTEGRATE HOMELESS FAMILIES WITH CHILDREN INTO PERMANENT HOUSING AND EMPLOYMENT.
Program accomplishments
- COMPASSION MINISTRIES OF WACO PROVIDES TRANSITIONAL HOUSING FOR HOMELESS FAMILIES WITH CHILDREN. THE FACILITY CAN HOUSE UP TO 60 INDIVIDUALS AT ANY POINT IN TIME IN THE FOURTEEN APARTMENT UNITS FOR FAMILIES. UPON ACCEPTANCE INTO THE PROGRAM, RESIDENTS WORK WITH THE CASE MANAGER TO DESIGN A SERVICE PLAN FOR THE DURATION OF THEIR STAY, WHICH IS USUALLY SIX MONTHS. THE PLAN IDENTIFIES NEEDS AND OBJECTIVES AND OUTLINES HOW EACH WILL BE MET DURING THE RESIDENT'S STAY. IT COVERS HOUSING, EMPLOYMENT, FAMILY NEEDS (CHILDCARE, PARENTING COURSES, AA/NA COUNSELING, ETC.), HEALTH CARE AND PERSONAL GOALS. THE STAFF PROVIDES NECESSARY SUPPORT AND REFERRALS TO IMPLEMENT AND ACHIEVE THESE OBJECTIVES BY THE SET TARGET DATE. EACH PLAN IS RE-EVALUATED REGULARLY BY THE STAFF AND RESIDENT TO DETERMINE PROGRESS. AS PART OF THE HOUSING GOAL, THE ORGANIZATION WORKS ON QUALIFYING FAMILIES FOR AFFORDABLE HOME OWNERSHIP THROUGH PARTNERSHIPS WITH OTHER LOCAL NON PROFIT ORGANIZATIOINS SUCH AS HABITAT FOR HUMANITY, GRASSROOTS COMMUNITY DEVELOPMENT, AND NEIGHBORWORKS.Expenses $260,611 · revenue $28,312
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 74-2698244
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1994
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S20)
- Assets (IRS master file)
- $8,992,924
- Income (IRS master file)
- $988,471
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $964,352 | $496,128 | $8,992,924 | IRS |
| 990 | December 2023 | $413,125 | $454,798 | $8,198,657 | XML |
| 990 | December 2022 | $624,429 | $484,743 | $7,420,795 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 74-2698244).
Questions about COMPASSION MINISTRIES OF WACO INC
- What is the EIN of COMPASSION MINISTRIES OF WACO INC?
- The employer identification number (EIN) of COMPASSION MINISTRIES OF WACO INC is 74-2698244.
- Is COMPASSION MINISTRIES OF WACO INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
- Are donations to COMPASSION MINISTRIES OF WACO INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does COMPASSION MINISTRIES OF WACO INC 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 COMPASSION MINISTRIES OF WACO INC 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 COMPASSION MINISTRIES OF WACO INC 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 COMPASSION MINISTRIES OF WACO INC?
- The 990 for the year ended December 31, 2024 names STACI LOVE.
- Who are the officers and directors of COMPASSION MINISTRIES OF WACO INC?
- The 990 for the year ended December 31, 2024 lists 11 people; 1 received compensation from the organization, the highest $34,875 (STACI LOVE, EXECUTIVE DIRECTOR).
- How much revenue does COMPASSION MINISTRIES OF WACO INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $964,352, expenses of $496,128 and total assets of $8,992,924 at year end.
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All nonprofits in WACO · Texas · Community improvement and capacity building