Mary Queen Of The Third Millinnium Usa
- Assets
- $1.6m
- Revenue
- $2.7m
- Investments
- $0.0
- Employees
- 4
- Location
- Houston, TX
- Founding
- 01/2006
- Data as of
- 06/2022
- EIN
- 20-4102314
Organization Overview
Mary Queen Of The Third Millinnium Usa is located in Houston, TX. The organization was established in 2006. According to its NTEE Classification (X22) the organization is classified as: Roman Catholic, under the broad grouping of Religion-Related and related organizations. As of 06/2022, Mary Queen Of The Third Millinnium USA employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mary Queen Of The Third Millinnium USA 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 06/2022, Mary Queen Of The Third Millinnium USA generated $2.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (5.5%) each year. All expenses for the organization totaled $2.6m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (3.8%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE STUDY & UNDERSTANDING OF THE HISTORY AND MESSAGE OF OUR LADY OF FATIMA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FAMILY MINISTRY: CARRY OUT DAILY HOME VISITATIONS OF THE PILGRIM STATUE OF OUR LADY OF FATIMA TO TEACH AND SPREAD THE PRINCIPLES OF THE GOSPELS. PROMOTE GROUPS OF FAMILIES THAT GATHER AROUND THE SHRINES OF OUR LADY OF FATIMA TO PRAY FOR THE ENRICHMENT OF MORAL VALUES WITHIN THE FAMILY AND TO PROMOTE A GREATER PARTICIPATION IN ECCLESIASTICAL LIFE.
YOUTH MINISTRY: MAINTAIN YOUTH CENTERS FOR VOCATIONAL DISCERNMENT AND GUIDANCE BY PROVIDING INTELLECTUAL AND RELIGIOUS EDUCATION THROUGH RELIGIOUS SEMINARS, MEETINGS, AND CONFERENCES. CONDUCT CATECHISM CLASSES, GAMES, THEATRE PLAYS, CAMPING TRIPS, AND EXCURSIONS AS PART OF A SOLID CHRISTIAN FORMATION FOR TODAY'S YOUTH.
EVANGELIZATION OUTREACH MINISTRY: PROMOTE FAITH RENEWAL THROUGH ANIMATION OF LITURGY, PROCESSIONS, AND OTHER RELIGIOUS EVENTS. VISITS TO PARISHES, SCHOOLS, HOSPITALS, ORPHANAGES TO PERFORM EVANGELIZING CONCERTS, AND SPREAD THE MESSAGE OF OUR LADY OF FATIMA.
FATIMA CAMPAIGN: FORM THROUGH A DIRECT MAIL CAMPAIGN A NETWORK OF DEVOTEES OF OUR LADY OF FATIMA. TO PUBLISH, PRINT, EDIT, AND SPREAD BOOKS, MAGAZINES, NEWSPAPERS, PAMPHLETS AND RELIGIOUS ARTICLES PROMOTING THE DEVOTION AND MESSAGE OF OUR LADY OF FATIMA. BE AN INSTRUMENT OF THE NEW EVANGELIZATION, AS REQUESTED BY POPE FRANCIS, SPREADING THE GOOD NEWS OF THE GOSPEL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ignatius Loyola Wang President | OfficerTrustee | 40 | $0 |
Vincent Patrick Bassi Secy/treasurer | OfficerTrustee | 40 | $0 |
Marcos Paulo Algauer Vice President | OfficerTrustee | 40 | $0 |
Rene Xavier Garcia Director | Trustee | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,710,969 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,710,969 |
| Total Program Service Revenue | $145 |
| Investment income | $403 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,711,517 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $166,092 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $18,545 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $32,266 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $22,094 |
| Insurance | $10,157 |
| All other expenses | $44,443 |
| Total functional expenses | $2,550,660 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $434,625 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $378,749 |
| Accounts receivable, net | $1,918 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $14,970 |
| Net Land, buildings, and equipment | $801,776 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $7,540 |
| Other assets | $0 |
| Total assets | $1,639,578 |
| Accounts payable and accrued expenses | $56,853 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $597,294 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $654,147 |
| Net assets without donor restrictions | $985,431 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,639,578 |