New Hope Mission Society Inc
- Assets
- $86.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hutchinson, MN
- Founding
- 02/2006
- Data as of
- 12/2021
- EIN
- 20-3572221
Organization Overview
New Hope Mission Society Inc is located in Hutchinson, MN. The organization was established in 2006. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Hope Mission Society Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, New Hope Mission Society Inc generated $111.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $125.4k during the year ending 12/2021. While expenses have increased by 2.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PROPAGATION OF THE CHRISTIAN GOSPEL THROUGH DISTRIBUTION OF LITERATURE AND MISSION WORK FOCUSED IN THE MALABAR MISSIONA CIRLE AREA OF INDIA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Grorud President | 0 | $0 | |
Paul Knudson Treasurer | 0 | $0 | |
Jan Kreie Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $111,544 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $125 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $111,669 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $382 |
| Other expenses | $125,033 |
| Total expenses | $125,415 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $74,928 |
| Other assets | $0 |
| Total assets | $86,292 |
| Total liabilities | $3,536 |
| Net assets or fund balances | $82,756 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that New Hope Mission Society Inc has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: RELIGION RELATED | $20,000 |
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