One Heart Ministries
- Assets
- $389.9k
- Revenue
- $125.9k
- Investments
- $0.0
- Employees
- 4
- Location
- New Cumberland, PA
- Founding
- 12/1991
- Data as of
- 05/2022
- EIN
- 25-1643742
Organization Overview
One Heart Ministries is located in New Cumberland, PA. The organization was established in 1991. According to its NTEE Classification (X84) the organization is classified as: Religious Radio, under the broad grouping of Religion-Related and related organizations. As of 05/2022, One Heart Ministries employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. One Heart Ministries 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 05/2022, One Heart Ministries generated $125.9k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $137.6k during the year ending 05/2022. As we would expect to see with falling revenues, expenses have declined by (1.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
RELIGIOUS AND EDUCATIONAL PURPOSES, INCLUDING RELIGIOUS BROADCASTING, CHRISTIAN EDUCATION AND ENCOURAGEMENT, AND BRINGING UNITY TO THE BODY OF CHRIST IN THE GREATER HARRISBURG AREA.
Describe the Organization's Program Activity:
RELIGIOUS BROADCASTING - THIS PROGRAM ENTAILS THE BROADCASTING OF CHRISTIAN TEACHING, COMMENTARY, AND CONTEMPORARY CHRISTIAN MUSIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Teresa J Hamel Secretary | OfficerTrustee | 25 | $18,269 |
Peter A Hamel President | OfficerTrustee | 40 | $5,538 |
Patrick Deaven Director | Trustee | 1 | $0 |
Isaiah Hamel Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $107,214 |
| Investment income | $403 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$10,641 |
| 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 | $125,903 |
| Statement of Expenses | |
|---|---|
| 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. | $20,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,321 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $656 |
| Payroll taxes | $2,048 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,257 |
| Fees for services: Accounting | $3,900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $633 |
| Advertising and promotion | $99 |
| Office expenses | $922 |
| Information technology | $2,024 |
| Royalties | $0 |
| Occupancy | $6,630 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $12,658 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $28,167 |
| Insurance | $1,159 |
| All other expenses | $0 |
| Total functional expenses | $137,551 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $8,529 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,249 |
| Loans from Officers, Directors, or Controlling Persons | $89,771 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,112 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $54,000 |
| Other assets | $0 |
| Total assets | $389,862 |
| Accounts payable and accrued expenses | $156,614 |
| 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 | $170,117 |
| Unsecured mortgages and notes payable | $94,893 |
| Other liabilities | $8,572 |
| Total liabilities | $430,196 |
| Net assets without donor restrictions | -$40,334 |
| 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 |
| Total liabilities and net assets/fund balances | -$40,334 |