The Tracy Hanson Initiative
- Assets
- $132.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Holland, MI
- Founding
- 08/2008
- Data as of
- 12/2021
- EIN
- 20-8742436
Organization Overview
The Tracy Hanson Initiative is located in Holland, MI. The organization was established in 2008. According to its NTEE Classification (X20) the organization is classified as: Christianity, 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. Tracy Hanson Initiative 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, Tracy Hanson Initiative generated $73.9k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 9.4% each year. All expenses for the organization totaled $70.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tracy Hanson President/director | 20 | $42,000 | |
Mark Johnson Vice President | 3 | $0 | |
Deede Bormann Secretary | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $53,221 |
| Total Program Service Revenue | $500 |
| Membership dues | $0 |
| Investment income | $49 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $20,096 |
| Other Revenue | $0 |
| Total Revenue | $73,866 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $44,000 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $5,692 |
| Other expenses | $20,965 |
| Total expenses | $70,657 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $132,045 |
| Other assets | $0 |
| Total assets | $132,045 |
| Total liabilities | $0 |
| Net assets or fund balances | $132,045 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that The Tracy Hanson Initiative has recieved totaling $11,260.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: EVANGELISM | $11,250 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $10 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Lutheran Church-Northland Luthern Services For The Elderly Marinette, WI | $6,079,717 | $8,121,825 |
Lifeline Christian Mission Westerville, OH | $4,011,656 | $8,864,556 |
Independent Baptist Mission For Asians Inc Marietta, OH | $1,955,578 | $8,557,935 |
City Gospel Mission Cincinnati, OH | $28,334,582 | $12,813,405 |
Freedom From Religion Foundation Inc Madison, WI | $25,982,708 | $9,398,786 |
Traditions At Xenia Columbus, OH | $32,383,407 | $4,874,635 |
National Church Residences Columbus, OH | $16,885,667 | $5,504,474 |
St Paul Center For Biblical Theology Steubenville, OH | $10,127,636 | $11,748,558 |
Truth And Tidings Gospel Trust U S A Canton, MI | $502,983 | $5,982,784 |
Jehovah-Jireh Foundation Inc Jeffersonville, IN | $48,262,098 | $3,821,165 |
Provident Ministries Ltd South Bend, IN | $1,633,793 | $5,569,454 |
St Michaels Media Inc Ferndale, MI | $1,094,863 | $4,871,476 |