New Hope Mission Society Inc
- Assets
- $85.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hutchinson, MN
- Founding
- 02/2006
- Data as of
- 12/2022
- 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 12/2022, New Hope Mission Society Inc generated $104.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (7.7%) each year. All expenses for the organization totaled $105.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (6.7%) per year over the past 4 years. 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
2022
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 | $104,662 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $139 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $104,801 |
| 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 | $751 |
| Other expenses | $104,822 |
| Total expenses | $105,573 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $77,984 |
| Other assets | $0 |
| Total assets | $85,520 |
| Total liabilities | $3,536 |
| Net assets or fund balances | $81,984 |