2026-08-24T15:27:32-05:00 2025-06-30 332621854 CRI CAPIN CROUSE ADVISORS LLC 345 MASSACHUSETTS AVE STE 300 INDIANAPOLIS IN 46204 990 2024-07-01 561889818 THE CHURCH INITIATIVE INC CHUR 9195622112 250 S ALLEN RD WAKE FOREST NC 27587 SAMUEL J HODGES IV PRESIDENT 9195622112 2026-08-24 1 0 DAREN DAIGA P01074795 5055022746 2026-08-24 2024 2025-03-06 01:10:19Z SAMUEL J HODGES IV 250 S ALLEN RD WAKE FOREST NC 27587 13858537 0 X WWW.CHURCHINITIATIVE.ORG X 1994 NC SHARING GOD'S COMFORT WITH HURTING PEOPLE THROUGH CHURCHES, CARE GROUPS, & RESOURCES. 8 6 27 65564 0 0 38784 258140 0 0 221848 357903 6964618 5785692 7225250 6401735 22366 0 0 0 3473410 3648607 0 0 68249 2596097 2675833 6091873 6324440 1133377 77295 7538764 8242240 100478 756979 7438286 7485261 WE EQUIP CHURCHES TO OFFER CHRIST-CENTERED SUPPORT GROUPS (DIVORCECARE & GRIEFSHARE) FOR PEOPLE GRIEVING THE DEATH OF A LOVED ONE OR SUFFERING FROM A BROKEN MARRIAGE. 0 0 4422935 0 5756671 IN THE 2024-2025 FISCAL YEAR, THROUGH OUR GROUPS, BOOKS, WEBSITES, AND OTHER DIGITAL COMMUNICATION, WE SHARED THE COMFORT OF CHRIST WITH OVER 3 MILLION PEOPLE. SPECIFICALLY, WE EQUIPPED AND PARTNERED WITH 9,337 CHURCHES TO OFFER OVER 18,726 GRIEFSHARE & DIVORCECARE SUPPORT GROUPS, HELPING OVER 131,940 PEOPLE. WE ALSO PROVIDED CHURCHES WITH 196,559 PARTICIPANT WORKBOOKS, WHICH THEY DISTRIBUTED TO THEIR DIVORCECARE AND GRIEFSHARE GROUP MEMBERS. ADDITIONALLY, 10,649 MINISTRY PARTNERS (CHURCHES) UTILIZED OUR FREE COACHING, RESULTING IN 39,661 COACHING MOMENTS. WE ALSO RECRUITED OVER 3,531 FORMER GROUP MEMBERS TO SERVE ON, OR START, CHURCH-BASED GRIEFSHARE AND DIVORCECARE TEAMS. AND, THROUGH OUR EFFORTS, THE GOSPEL WAS SHARED WITH OVER 131,940 PEOPLE. 4422935 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 57 0 1 27 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 6 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 1 0 0 NC X LYNDEE DOWNS 9195622112 250 S ALLEN RD WAKE FOREST NC 27587 X STEPHEN D GRISSOM CEO/CHAIRMAN OF THE BOARD 15.00 X X 36000 0 0 CHERYL A GRISSOM V.P./SECRETARY 1.00 X X 5955 0 0 BRIAN KEEL DIRECTOR/TREASURER 0.50 X X 0 0 0 WILLIAM B DUNN DIRECTOR 0.20 X 0 0 0 KIM FAUCETTE DIRECTOR 0.20 X 0 0 0 JOE HUMPHRIES DIRECTOR 0.20 X 0 0 0 DUANE MCKINNEY DIRECTOR 0.20 X 0 0 0 ROBERT S STANCIL DIRECTOR 0.20 X 0 0 0 SAMUEL J HODGES PRESIDENT 40.00 X 197021 0 47719 RICHARD W RAGLAND SR. V.P. 40.00 X 181573 0 32582 JENNA BONNER V.P. CUSTOMER SUCCESS 40.00 X 137330 0 26523 JOEL HOPKINS V.P. MARKETING 40.00 X 128242 0 28284 JOSHUA MACFARLANE VP PRODUCT, DATA & TEC 40.00 X 139883 0 18588 RYAN PLETCHER SENIOR SOFTWARE DEVELOPER 40.00 X 113751 0 27513 939755 0 181209 6 0 1 0 KELLY NETWORKING SERVICES 495 DEINHARD LN 1572 MCCALL ID 83638 CI NETWORK ADMINISTRATION & SUPPORT 199409 1 187081 71059 258140 282612 282612 28632 28632 6331919 6256628 75291 75291 75291 6956845 1200174 5756671 5756671 389 389 389 6401735 5756671 0 386924 465013 332835 123656 8522 7410 7410 2386257 1756763 582485 47009 52874 23413 29461 525262 326812 191143 7307 211791 155948 51687 4156 47361 20138 27223 22530 21458 339 733 606125 334540 271585 464067 153280 310787 948603 926486 21879 238 91099 53846 37253 20718 8048 12670 9729 6791 2938 2028 1682 346 74174 44243 29931 29982 15941 13822 219 LICENSES AND SALES TAX 122343 122115 228 DUES AND SUBSCRIPTIONS 114465 33412 81053 122609 85184 37360 65 6324440 4422935 1833256 68249 34411 1678508 1615068 762918 47560 15350 1034620 396364 80301 171994 1783650 990567 839458 793083 3326491 3803754 5296 4596 555559 615673 7538764 8242240 100478 141306 0 615673 100478 756979 X 7438286 7485261 7438286 7485261 7538764 8242240 77295 -30320 0 X X 0 1 X 1 0 X 3549 5798 3135 38874 258140 309496 3525462 6300751 7042742 8065578 6956845 31891378 3529011 6306549 7045877 8104452 7214985 32200874 0 0 0 32200874 34138 21597 104576 221848 311244 693403 34138 21597 104576 221848 311244 693403 389 389 3563149 6328146 7150453 8326300 7526618 32894666 0.97890 0.98520 0.02110 0.01480 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 220400 220400 1200255 677867 522388 318885 270419 48466 44110 42281 1829 793083 RABBI TRUST ASSETS 615673 615673 RABBI TRUST LIABILITY 615673 615673 7571588 -30321 1200174 1169853 6401735 0 6401735 7524614 1200174 1200174 6324440 0 6324440 PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 1,200,174. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 1,200,174. SUB-SAHARAN AFRICA 0 1 PROGRAM SERVICES GRIEFSHARE/DIVORCECARE 25160 0 1 0 0 0 1 25160 0 25160 0 0 0 0 0 0 PART I, LINE 3: THE ORGANIZATION TRACKED EXPENDITURES IN ACCORDANCE WITH ACCRUAL BASIS OF ACCOUNTING. X 1 1 X X 0 0 0 0 0 0 0 1 0 SAMUEL J HODGES PRESIDENT 171648 0 25000 0 373 0 17133 0 30586 0 244740 0 0 0 RICHARD W RAGLAND SR. V.P. 180591 0 0 0 982 0 15833 0 16749 0 214155 0 0 0 JENNA BONNER V.P. CUSTOMER SUCCESS 128965 0 8280 0 85 0 4139 0 22384 0 163853 0 0 0 JOSHUA MACFARLANE VP PRODUCT, DATA & TEC 131413 0 8319 0 151 0 5716 0 12872 0 158471 0 0 0 JOEL HOPKINS V.P. MARKETING 119895 0 8280 0 67 0 3868 0 24416 0 156526 0 0 0 PART I, LINE 1A PURSUANT TO INTERNAL REVENUE CODE SECTION 107, MINISTERIAL HOUSING ALLOWANCES ARE PROVIDED FOR QUALIFYING MINISTERIAL EMPLOYEES. THIS IS NOT INCLUDED IN TAXABLE COMPENSATION. PRESIDENT HODGES MET THE QUALIFICATIONS FOR AND RECEIVED A MINISTERIAL HOUSING ALLOWANCE DURING THE TAX YEAR. PART I, LINE 7 THE ORGANIZATION MADE NONFIXED PAYMENTS IN THE FORM OF DISCRETIONARY BONUSES. FORM 990, PART VI, SECTION A, LINE 2 STEPHEN D. GRISSON, CEO/CHAIRMAN OF THE BOARD, AND CHERYL A GRISSOM, VP/SECRETARY, HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 8B 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 FORM 990 IS PREPARED BY AN INDEPENDENT TAX PREPARER AND REVIEWED IN DETAIL BY THE ORGANIZATION'S TOP MANAGEMENT PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12 MINISTRY BYALWS REQUIRED DISCLOSURE OF INTEREST IN ANY TRANSACTION BY BOARD MEMBERS, OFFICERS AND KEY EMPLOYEES. FORM 990, PART VI, SECTION B, LINE 15A LINE 15A: THE CHAIRMAN OF THE BOARD MAKES A COMPENSATION RECOMMENDATION TO THE BOARD OF DIRECTORS FOR THE PRESIDENT. THE BOARD REVIEWS AND VOTES ON THE RECOMMENDATION. THE COMPENSATION REVIEW INCLUDES CONSIDERATION OF A COMPENSATION SURVEY (2025). THE BOARD'S REVIEW AND APPROVAL ARE DOCUMENTED IN THE BOARD MEETING MINUTES. THE EXECUTIVE BOARD CHAIR'S COMPENSATION WAS ESTABLISHED BY THE BOARD OF DIRECTORS IN 2022 AT $36,000 PER YEAR FOR HIS SERVICES AS EXECUTIVE BOARD CHAIR. THE EXECUTIVE BOARD CHAIR WAS EXCUSED FROM THE MEETING DURING THE BOARD'S DELIBERATION AND DECISION REGARDING HIS COMPENSATION. HIS COMPENSATION HAS REMAINED UNCHANGED SINCE THAT TIME. THE BOARD HAS NOT CONDUCTED A SUBSEQUENT REVIEW OF, OR DELIBERATED FURTHER REGARDING, THE EXECUTIVE BOARD CHAIR'S COMPENSATION. ACCORDINGLY, THERE HAS BEEN NO SUBSEQUENT COMPENSATION DECISION OR REVIEW TO DOCUMENT. 15B: THE BOARD OF DIRECTORS DOES NOT DETERMINE THE COMPENSATION OF OTHER OFFICERS OR KEY EMPLOYEES. THE SECRETARY RECEIVED NO COMPENSATION FOR HER SERVICE AS SECRETARY; HOWEVER, SHE AS COMPENSATED SEPARATELY FOR HER SERVICES AS AN EMPLOYEE OF THE ORGANIZATION. HER EMPLOYEE COMPENSATION WAS DETERMINED BY THE SENIOR VICE PRESIDENT OF THE MINISTRY. THE PROCESS USED TO DETERMINE AND APPROVE HER EMPLOYEE COMPENSATION WAS NOT DOCUMENTED. THE SALARIES OF KEY EMPLOYEES ARE REVIEWED AND DETERMINED BY THE PRESIDENT. THE COMPENSATION REVIEW INCLUDES A COMPARISON OF SALARIES FOR SIMILAR POSITIONS AT OTHER NONPROFIT ORGANIZATIONS. THE DECISION PROCESS WAS NOT DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART VII, SECTION A, LINE 1A 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 MINISTER'S RETIREMENT PLAN DEFERRALS IN PART VII, COLUMN F AND SCHEDULE J, PART II, COLUMN C. FORM 990, PART XII, LINE 2C THE FISCAL YEAR ENDING 06-30-2025 WAS THE FIRST YEAR THE ORGANIZATION SELECTED AN AUDIT FIRM AND COMPLETED AN AUDIT.