2021-05-15T14:06:31-07:00 2020-12-31 990EZ 2020-01-01 752818489 NETWORX MINISTRIES INTERNATIONAL NETW 8066839900 PO Box 8492 Amarillo TX 79114 Becky R Ruland President 8066839900 2021-05-15 1 11 1 AAL2 2020 2022-09-23 18:48:47Z X www.internationalnetworx.org X X 179448 X 166115 13333 0 0 0 0 0 0 0 0 0 0 0 0 0 179448 142566 0 12960 2000 0 168 7915 165609 13839 176 -10098 3917 X 39593 49195 0 0 0 0 39593 49195 39417 45278 176 3917 Statement 1, The Organization's Primary Purpose:The organization's primary exempt purpose is to fulfill the great commission through helping people. Form 990-EZ, Part III, Lines 28-31. During the global pandemic our planned construction projects were put on hold. Board members Becky Ruland and Pavel Kakurin were able to journey to Argentina (pre-pandemic) for a visit. We began design development for a Christian school and two model homes using American wood frame construction methods. Further conversations took place throughout the year with project leaders for the Argentine project as well as future projects in Belarus (Global Children's Assistance) and Ukraine (Ukraine New Song International). We concluded our partnership with Youth With A Mission in Kviv, Ukraine after learning that other grant funding was in place for completing the multi-purpose conference hall. We extended our conduit service to include more ministries in Argentina, Ukraine and Mexico. We further enhanced our donor management abilities and increase our tools for secure receipt and delivery of funds from donors to field partners. Much time was invested in frequent communications with the field partners, to pray with them, encourage them, and understand their needs during the pandemic. All expressed deep gratitude that International Networx continued working on their behalf to insure their funding was consistent and secure. Our treasurer and executive director are to be commended for their faithful administrative efforts. Total grants: $142,566. 0 X 0 Part III, Line 29. 80% ($$18,434) of our administrative and support efforts was devoted to working with our field partners to understand their needs, to encourage and pray with them, to meet their requests for funding, and to maintain accurate records of their funds. The remainder of the funds ($4,609) was devoted to the coordination and planning of future construction projects. Total expenses in this category: $23,043. 0 23043 23043 Becky R Ruland President / CEO 40 12960 0 0 Cyndi Gibson Treasurer 15 2000 0 0 Sherye Talley Vice President 1 0 0 0 Pavel Kakurin Board Member 1 0 0 0 Mandy Finnegan Secretary 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Ms Cyndi Gibson PO Box 333 Boutte LA 70039 3377814813 0 0 0 0 0 0 0 0 0 0 0 NONE NONE 1 X 29985 48668 63198 84215 179448 405514 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 29985 48668 63198 84215 179448 405514 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 405514 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 29985 48668 63198 84215 179448 405514 1 1 0 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Form 990-EZ, Part I, Line 8 Other Service Revenue: All revenue has been reported. Form 990-EZ, Part I, Line 10 Part I, Line 10, Grants and Similar Amounts Paid. During the global pandemic our planned construction projects were put on hold. Board members Prior to the pandemic Becky Ruland and Pavel Kakurin were able to journey to Argentina for a visit. We began site development for a Christian school and two model homes using American wood-frame construction methods. Further conversations took place throughout the year with project leaders for the Argentina as well as future projects in Belarus (Global Children's Assistance and Ukraine (New Song International). We concluded our partnership with Youth For A Mission in Kviv, Ukraine after learning that other grant funding was in place for completing the multi-purpose conference hall. We expanded our conduit service to include more ministries in Argentina, Ukraine, and Mexico. We further enhanced our donor management abilities and increased our tools for secure receipt and delivery of funds from donors to filed partners. Much time was invested in frequent communications with the field partners to pray with them, encourage them and understand their needs during the pandemic. All expressed deep gratitude that International Networx continued working on their behalf to insure that their funding was consistent and secure. Our treasurer and executive director are to be commended for their faithful administrative efforts. Form 990-EZ, Part I, Line 16 Part 1, Line 16: Other Expenses include various Home Office costs such as bank fees, telephone, Internet, etc.: $4,892; and travel: $3,023. Total: $7,915. Form 990-EZ, Part I, Line 20 Part 1, Line 20: Reduction in unresticted funds decreased Net assets. Form 990-EZ, Part II, Line 24 Other assets, Line 24, Part II: There are no other assets. Form 990-EZ, Part II, Line 26 Liabilities, Line 26, Part II: Funds held for ministry partners: $41,172; health expense reserve: $2,959; and credit card balance at year-end: $1,147.