2023-11-15T10:07:24-06:00 2022-12-31 FORVIS LLP 14241 DALLAS PARKWAY SUITE 1100 DALLAS TX 75254 990 2022-01-01 751977793 Marketplace Ministries Inc % LYNDSEY LEACH MARK 9729414400 2001 West Plano Parkway Plano TX 75075 Jason Brown CEO 9729414400 2023-05-15 true Jason Brown 999009999 Noelle Alberto P01704142 9727028262 2 2022 2023-04-26 12:10:37Z Railroad Chaplains Marketplace Chap Jason Brown 2001 West Plano Parkway Plano TX 75075 26607271 false X www.mchapusa.com X 1984 TX TO PROVIDE CHAPLAIN SERVICE. 7 7 2225 7 0 0 490803 997467 21322072 25402804 19802 17904 3407 189096 21836084 26607271 45772 31769 0 0 17725587 21110852 0 0 86537 4355339 5993031 22126698 27135652 -290614 -528381 6041844 6768644 1997381 3252562 4044463 3516082 TO SHARE GOD'S LOVE IN THE WORKPLACE BY PROVIDING A PERSONALIZED AND PROACTIVE EMPLOYEE CARE SERVICE THROUGH CHAPLAIN TEAMS. false false 24092421 31769 25402804 Approximately 2,127 chaplains provided chaplain and employee care to 1,466 companies at 5,747 locations representing over 363,855 company employees. The approximate number of employees and family members under an umbrella of compassion is over 1.3 million people ministered to through our chaplain care service which is 24/7 nationwide. 24092421 true true false false false false false false false true true false false true true false false true false true true false false false false false false false true true false false false false false true false false false false false false false true true true false false true 4 0 true 2225 true false true CA false false false false false false false false false false X 7 7 false false false false false false false true false false false true true true true true true true true false X LYNDSEY LEACH 9729414400 2001 WEST PLANO PARKWAY Plano TX 75075 X jason Brown PRESIDENT/CEO 40.0 1.0 X 221467 0 37571 Timothy Boobar CFO start: 5/22 40.0 1.0 X 133032 0 11551 Larry King CFO end: 5/22 40.0 1.0 X 96827 0 3018 Carroll Maclin Pres: MM Int'l end:5/22 40.0 0.0 X 61479 0 5393 Heather Yarbrough CHRO END: 5/22 40.0 0.0 X 46557 0 11572 Gary Ellis CIO end: 5/22 40.0 0.0 X 36237 0 4871 Dick De Witt President/CEO, END: 03/22 40.0 1.0 X 24057 0 5446 Robin Lewis Chairman 1.0 1.0 X X 0 0 0 Ann Ashley Secretary 1.0 0.0 X X 0 0 0 Phil Swatzell Director 2.0 0.0 X 0 0 0 Campbell Williams Director 1.0 0.0 X 0 0 0 Dan Turner Treasurer & FAC Chairman 1.0 1.0 X X 0 0 0 Chris Carr Director 1.0 0.0 X 0 0 0 Benton Hyatt Director 1.0 0.0 X 0 0 0 619656 0 79422 2 false true false 0 680448 317019 997467 Chaplain Program 900099 25402804 25402804 25402804 17904 17904 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Other Income 900099 45001 45001 BAD DEBT RECOVERY 900099 144095 144095 189096 26607271 25402804 207000 0 31769 31769 0 0 699078 173125 468245 57708 161045 152003 8886 156 18588374 18073515 497769 17090 376672 344854 30909 909 718863 647097 69862 1904 566820 166985 399835 0 40659 40659 32220 31253 967 0 0 0 340768 178262 161720 786 24902 24902 341057 163332 173190 4535 247308 123654 123654 0 237270 58880 178390 3647914 3435605 212309 0 67701 27080 40621 397 397 0 402549 301912 100637 131034 38603 92431 Education & Training 86092 77595 8497 Ministry Relations 254205 31432 220291 2482 Taxes & Fees 138270 40734 97536 Repairs and Maintenance 685 685 27135652 24092421 2956694 86537 325252 247347 1845075 139458 0 0 632274 1281964 0 0 0 0 0 0 0 0 83198 194404 2633929 1736707 719489 897222 38516 9461 0 0 0 0 0 0 2398040 3998788 6041844 6768644 1444556 1575006 0 0 249499 343504 0 0 0 0 0 0 0 0 0 0 303326 1334052 1997381 3252562 X 3703172 3375835 341291 140247 4044463 3516082 6041844 6768644 -528381 X false true X true false X 835907 587839 664574 490803 997467 3576590 0 0 835907 587839 664574 490803 997467 3576590 65785 3510805 11951 20787 27763 19802 17904 98207 0 16893 31991 2363 3407 189096 243750 3918547 101584267 0.89595 0.91584 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9289646 35750 -956761 8368635 8564925 65620 677553 18452 9289646 8315029 78381 308469 136954 8564925 7219681 104181 991167 8315029 7717851 138650 -636820 7219681 0.18910 0.81090 false true true 393640 19255 374385 287801 74474 213327 1952488 1642978 309510 897222 INV HELD BY FOUNDATION 2100152 Retirement 457 B Account 309774 Security Deposits 18245 ROU ASSET 1008799 DUE FROM RELATED ORGANIZATION 561818 3998788 0 Deferred Compensation 309774 Lease Liability 1024278 1334052 26463176 26463176 144095 144095 26607271 26991557 -144095 -144095 27135652 27135652 Schedule D, Part V Endowment Funds: Endowment fund earnings can be used as determined by the ministry/board. Schedule D, Part V, Lines 2a-2c ASC 958 FOOTNOTE: In accordance with the principles of FASB ASU 2016-14 (ASC 958), the organization has implemented required changes to its audited financial statements for the period ended 12/31/2022. To date, Form 990 and its associated schedules have not been updated to reflect changes made by this standard. Thus, we have reported the revised net asset categories from the audited financial statements as follows on Form 990, Schedule D, Part V, Lines 2a-2c: Line 2a - Without donor restrictions Line 2b - With donor restrictions Schedule D, Part X, Line 2 ASC 740 FOOTNOTE: MANAGEMENT HAS EVALUATED INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. Schedule D, Part XI, Line 4B RECONCILIATION OF REVENUE PER AUDITED FINANCIAL STATEMENTS WITH RETURN: BAD DEBT RECOVERY $144,095 SCHEDULE D, PART XII, LINE 2D RECONCILIATION OF EXPENSES PER AUDITED FINANCIAL STATEMENTS WITH RETURN: BAD DEBT RECOVERY ($144,095) North America 0 56 Program Services Chaplain Services 306530 0 56 0 56 306530 306530 false false false false false false Schedule F, Part I, Line 3 Activities per Region: The organization receives monthly accounting statements from its in-country accountants for each foreign country in which it has operations. These statements are then converted to US dollars and recorded in the organization's accounting records, in the month of the activity, thus utilizing the accrual basis of accounting method in accordance with GAAP to account for all foreign transactions. true Benevolence to Employees 31 31769 Schedule I, Part I, Line 2 RECORDS MAINTAINED: A NEED IS IDENTIFIED BY ONE OF OUR CHAPLAINS OR LEADERS AND A FORMAL REQUEST FORM IS PREPARED, WHICH IS SUBMITTED TO THE EXECUTIVE DIRECTOR OF OPERATIONS. THIS FORM REQURIES THE APPROVAL OF THE EXECUTIVE VICE PRESIDENT OF CHAPLAIN OPERATIONS AND THE CFO, AFTER WHICH THE BENEVOLENCE IS FUNDED IN A MANNER TO BEST MEET THE NEEDS OF THE INDIVIDUAL. THE ORGANIZATION REQUESTS RECEIPTS OR BILLS TO CONFIRM AMOUNTS PAID; OFTENTIME VENDORS ARE PAID DIRECTLY. X true true X X X X true false false false false false false false false jason Brown PRESIDENT/CEO 220527 0 940 12203 25368 259038 Schedule I, Part I, Line 1a Housing allowance: A minister's housing allowance is provided to ordained employees as non-taxable part of their compensation package. The Executive President/CEO and a highly compensated employee are both ordained ministers of the Gospel and each received a housing allowance that is nontaxable and included in Column (f) of Form 990, Part VII and Column (D) of Schedule J, Part II. SCHEDULE J, PART I, LINE 4A SEVERANCE PAYMENT: SEVERANCE IS A VOLUNTARY AGREEMENT THAT SET FORTH THE AGREED UPON SEPARATION DATE FOR EMPLOYMENT AND BENEFITS COVERAGE, THE AMOUNT OF PAYMENT, A CONFIDENTIALITY AGREEMENT CONCERNING COMPANY INFORMATION AND MATERIALS, RETURN OF COMPANY MATERIALS, AND COOPERATION CONCERNING BUSINESS MATTERS. THE FOLLOWING INDIVIDUALS RECEIVED A SEVERANCE PAYMENT IN THEIR 2022 TAXABLE COMPENSATION: LARRY KING $36,878 CARROLL MACLIN $45,843 HEATHER YARBROUGH $19,772 Gilford Stricklin Sr Founder 161045 Employee Compensation false Form 990, Part VI, Section A, Line 8b COMMITTEE AUTHORITY TO ACT ON BEHALF OF GOVERNING BODY: THE ORGANIZATION HAS NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. THEREFORE, THIS LINE WAS ANSWERED NO IN ACCORDANCE WITH THE INSTRUCTIONS. Form 990, Part VI, Section B, Line 11B PROCESS TO REVIEW FORM 990: Form 990 was prepared by an independent CPA firm and reviewed by the organization's top management. The reviewed Form 990 was then forwarded to the board of directors for approval prior to filing. Form 990, Part VI, Section B, Line 12C PROCESS FOR MONITORING CONFLICT OF INTEREST POLICY: The board of directors and officers of the organization annually sign the conflict of interest policy and disclose potential conflicts. The board Chairman reviews annual statements from board members and officers and the Chairman's statement is reviewed by the governing board. Should any potential conflicts of interest be disclosed, the board member or officer would be asked to refrain from participation in any deliberation or decision with regard to matters affected by the relationship. Form 990, Part VI, Section B, Line 15A & 15B PROCESS FOR DETERMINING COMPENSATION: The process for determining reasonable compensation for the organization's CEO, officers, and top management includes the use of comparability data for similar organizations. Any changes to the compensation of senior officers are approved by the Finance-Audit-Compensation Committee of the board of directors and documented in the approved minutes of the respective meetings. The most recent review was conducted in 2022. Form 990, Part VI, Section C, Line 19 DOCUMENTS MADE AVAILABLE TO THE PUBLIC: Marketplace Ministries, Inc. makes its governing documents, conflict of interest policy, and financial statements available to the public during regular business hours at the organization's permanent address. Form 990, Part VII, Column D and Schedule J, Pt. II, Column B Compensation reported in Part VII, Column D and Schedule J, Part II, column b is the amount reported on the individual's w-2, box 1 or 5 (whichever amount is greater) per the IRS instructions. In the case of minister's compensation when box 5 of the W-2 is not applicable, box 1 compensation is used. Employee deferrals to qualified retirement plans are normally captured in box 5, not box 1 of Form W-2. For reporting purposes we have included the employee's retirement plan deferrals in Part VII, column F and Schedule J, Part II, Column c. Marketplace Ministries Foundation Inc 2001 West Plano Parkway Plano TX 75075 752749629 Support TX 501(c)(3) Line 12a Mktplace Min true Marketplace Chaplains Canada PO Box 2262 Beaverlodge Alberta CA TOH 0C0 EMPlOYEE CARE CA 501(c)(3) N/A Mktplace Min true false false true true false false false false false false false false false true true false false false false Marketplace Ministries Foundation Inc C 680448 Amount of Grant Schedule R, Part II Related Tax-Exempt Organizations: Marketplace Ministries, Inc. has affiliate branch organizations that represent its operations in North America. Per our interpretation of the Form 990 instructions and in order to file a complete and accurate return, the affiliate branch organizations' operations are included in the financial activity reported on this Form 990 and the affiliate branch organizations are reported in Schedule R, Part II as related tax-exempt organizations.