Nonprofit · EIN 56-1889818
THE CHURCH INITIATIVE INC
Tax-exempt · WAKE FOREST, NC 27587
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $6,401,735 | $6,324,440 | $77,295 | $8,242,240 | $756,979 | $7,485,261 |
| June 30, 2024 | 990 | $7,225,340 | $6,091,873 | $1,133,467 | $7,538,764 | $100,478 | $7,438,286 |
| June 30, 2023 | 990 | $7,150,453 | $5,076,887 | $2,073,566 | $6,577,649 | $267,082 | $6,310,567 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $258,140
- of which government grants
- $187,081
- Program service revenue
- $0
- Investment income
- $357,903
- Royalties
- $28,632
- Net gain from sales of assets
- $75,291
- Net income from sales of inventory
- $5,756,671
- Other revenue
- $5,785,692
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $465,013
- Other salaries and wages
- $2,386,257
- Salaries, compensation and benefits (total)
- $3,648,607
- Professional fundraising fees
- $0
- Legal fees
- $47,361
- Accounting fees
- $22,530
- Occupancy
- $20,718
- Travel
- $9,729
- Depreciation
- $74,174
- Program services (functional)
- $4,422,935
- Management and general (functional)
- $1,833,256
- Fundraising (functional)
- $68,249
Balance sheet and other
- Total assets, start of year
- $7,538,764
- Total assets, end of year
- $8,242,240
- Total liabilities, end of year
- $756,979
- Net assets, end of year
- $7,485,261
- Land, buildings and equipment
- $793,083
- Publicly traded securities
- $3,803,754
- Net assets without donor restrictions
- $7,485,261
- Gross receipts
- $13,858,537
- Employees
- 27
- Volunteers
- 65,564
- Year formed
- 1994
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SAMUEL J HODGES | PRESIDENT Officer | 40 | $197,021 | $47,719 |
| RICHARD W RAGLAND | SR. V.P. Key employee | 40 | $181,573 | $32,582 |
| JENNA BONNER | V.P. CUSTOMER SUCCESS Highest-paid employee | 40 | $137,330 | $26,523 |
| JOSHUA MACFARLANE | VP PRODUCT, DATA & TEC Highest-paid employee | 40 | $139,883 | $18,588 |
| JOEL HOPKINS | V.P. MARKETING Highest-paid employee | 40 | $128,242 | $28,284 |
| RYAN PLETCHER | SENIOR SOFTWARE DEVELOPER Highest-paid employee | 40 | $113,751 | $27,513 |
| STEPHEN D GRISSOM | CEO/CHAIRMAN OF THE BOARD Trustee or director, Officer | 15 | $36,000 | $0 |
| CHERYL A GRISSOM | V.P./SECRETARY Trustee or director, Officer | 1 | $5,955 | $0 |
| BRIAN KEEL | DIRECTOR/TREASURER Trustee or director, Officer | 0.5 | $0 | $0 |
| WILLIAM B DUNN | DIRECTOR Trustee or director | 0.2 | $0 | $0 |
| KIM FAUCETTE | DIRECTOR Trustee or director | 0.2 | $0 | $0 |
| JOE HUMPHRIES | DIRECTOR Trustee or director | 0.2 | $0 | $0 |
| DUANE MCKINNEY | DIRECTOR Trustee or director | 0.2 | $0 | $0 |
| ROBERT S STANCIL | DIRECTOR Trustee or director | 0.2 | $0 | $0 |
990 for the year ended June 30, 2024: 13 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RICHARD W RAGLAND | Sr VP Trustee or director, Officer | 40 | $189,648 | $27,269 |
| SAMUEL J HODGES | President Officer | 40 | $141,459 | $72,990 |
| JENNA BONNER | VP Customer Success Officer | 40 | $125,404 | $25,081 |
| JOEL HOPKINS | VP Marketing Officer | 40 | $117,375 | $27,673 |
| JOSHUA MACFARLANE | VP Product Data Tec Officer | 40 | $115,839 | $13,406 |
| STEPHEN D GRISSOM | CEO Trustee or director, Officer | 15 | $36,000 | $5,987 |
| CHERYL A GRISSOM | VP Trustee or director, Officer | 1 | $10,608 | $3,992 |
| WILLIAM B DUNN | Director Trustee or director | 0.2 | $0 | $0 |
| KIM FAUCETTE | Director Trustee or director | 0.2 | $0 | $0 |
| JOE HUMPHRIES | Director Trustee or director | 0.2 | $0 | $0 |
| BRIAN KEEL | Director Trustee or director, Officer | 0.5 | $0 | $0 |
| DWAYNE MCKINNEY | Director Trustee or director | 0.2 | $0 | $0 |
| ROBERT S STANCIL | Director Trustee or director | 0.2 | $0 | $0 |
990 for the year ended June 30, 2023: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| STEPHEN D GRISSOM | CEO Trustee or director, Officer | 40 | $229,654 | $20,817 |
| RICHARD W RAGLAND | Sr VP Trustee or director, Officer | 40 | $169,218 | $24,210 |
| SAMUEL J HODGES | President Officer | 40 | $135,893 | $34,302 |
| CHERYL A GRISSOM | VP Trustee or director, Officer | 40 | $102,122 | $11,163 |
| JOEL HOPKINS | VP Marketing Officer | 40 | $37,809 | $7,879 |
| JENNA BONNER | VP Customer Success Officer | 40 | $18,749 | $3,393 |
| BRADLEY M BUIE | DirectorTreasurer Trustee or director, Officer | 0.3 | $0 | $0 |
| WILLIAM B DUNN | Director Trustee or director | 0.3 | $0 | $0 |
| KIM FAUCETTE | Director Trustee or director | 0.3 | $0 | $0 |
| JOE HUMPHRIES | Director Trustee or director | 0.3 | $0 | $0 |
| DWAYNE MCKINNEY | Director Trustee or director | 0.3 | $0 | $0 |
| ROBERT S STANCIL | Director Trustee or director | – | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 250 S ALLEN RD, WAKE FOREST, NC 27587-2608
- In care of
- % SAMUEL J HODGES IV
- Principal officer (990 for 2024)
- SAMUEL J HODGES IV, 250 S ALLEN RD, WAKE FOREST, NC 27587
- Signed the 990
- SAMUEL J HODGES IV, PRESIDENT
- Phone
- (919) 562-2112
- Website
- WWW.CHURCHINITIATIVE.ORG
- Return prepared by
- CRI CAPIN CROUSE ADVISORS LLC
Mission
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.
Program accomplishments
- 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.Expenses $4,422,935 · revenue $5,756,671
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 56-1889818
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1995
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Religion-related (X99Z)
- Assets (IRS master file)
- $8,242,240
- Income (IRS master file)
- $13,858,537
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $6,401,735 | $6,324,440 | $8,242,240 | XML |
| 990 | June 2024 | $7,225,340 | $6,091,873 | $7,538,764 | XML |
| 990 | June 2023 | $7,150,453 | $5,076,887 | $6,577,649 | XML |
| 990 | June 2022 | $5,667,850 | $4,116,661 | $5,460,579 | IRS |
| 990 | June 2021 | – | – | – | 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 56-1889818).
Questions about THE CHURCH INITIATIVE INC
- What is the EIN of THE CHURCH INITIATIVE INC?
- The employer identification number (EIN) of THE CHURCH INITIATIVE INC is 56-1889818.
- Is THE CHURCH INITIATIVE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
- Are donations to THE CHURCH INITIATIVE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE CHURCH INITIATIVE 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 THE CHURCH INITIATIVE INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE CHURCH INITIATIVE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of THE CHURCH INITIATIVE INC?
- The 990 for the year ended June 30, 2025 names SAMUEL J HODGES IV.
- Who are the officers and directors of THE CHURCH INITIATIVE INC?
- The 990 for the year ended June 30, 2025 lists 14 people; 8 received compensation from the organization, the highest $197,021 (SAMUEL J HODGES, PRESIDENT).
- How much revenue does THE CHURCH INITIATIVE INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $6,401,735, expenses of $6,324,440 and total assets of $8,242,240 at year end.
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