Friends Of Madagascar Mission Inc
- Assets
- $571.7k
- Revenue
- $455.1k
- Investments
- $204.3k
- Employees
- 0
- Location
- Victoria, MN
- Founding
- 12/2010
- Data as of
- 12/2021
- EIN
- 27-2312947
Organization Overview
Friends Of Madagascar Mission Inc is located in Victoria, MN. The organization was established in 2010. According to its NTEE Classification (Q12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of Madagascar Mission 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, Friends Of Madagascar Mission Inc generated $455.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.9% each year . All expenses for the organization totaled $167.3k during the year ending 12/2021. While expenses have increased by 2.9% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT MISSION AND MINISTRY WITH CHRISTIANS IN MADAGASCAR.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EJEDA NUTRITION PROGRAM PROVIDES FOOD TO HOSPITALS & TB PATIENTS IN MADAGASCAR, AS WELL AS HANDICAPPED CHILDREN. THE CUSTOM IN MADAGASCAR, THE FAMILY OF A PATIENT MUST PROVIDE FOOD. FOR SOME FAMILIES, IT IS TOO FAR TO WALK TO PROVIDE THE FOOD. OVER 4,380 PATIENTS RECEIVED FOOD THROUGH THIS PROGRAM.
PRISON MINISTRY PROGRAM IS TO REACH OUT WITH FOOD, MEDICINE, CLOTHING, SPIRITUAL COUNSEL AND CARE FROM THOSE WHO ARE IN THE CROWDED PRISONS IN MADAGASCAR. EACH WEEK A TEAM OF WORKERS VISITS 17 PRISONS. 4,409 VOLUNTEERS PARTICIPATED IN THIS MINISTRY. AMAZINGLY 106,119 PRISONERS ATTENDED WORSHIP SERVICES DURING THE YEAR, EXCEPT IN JUNE DUE TO THE PANDEMIC. 344 PRISONERS ATTENDING CONFIRMATION CLASSES. FOOD AND SUPPLIES ARE DISTRIBUTED TO THE PRISONS BASED ON THE POPULATION OF EACH LOCATION. FAMILIES ARE TO PROVIDE FOOD TO PRISONERS.
EVANGELISTS SUPPORT IS TO PLACE AN EVANGELIST FROM MADAGASCAR IN EACH VILLAGE WHO REQUESTS ONE. THE EVANGELISTS ROLE IS THE WHOLE WELL BEING: SPIRITUAL, HEALTH, AND RELATIONSHIPS AMONG THE VILLAGE. THERE ARE 55 EVANGELISTS WHO HAVE VISITED 1,995 HOMES AND BAPTIZED 1,625 ADULTS AND 3,215 CHILDREN.
SEE SCHEDULE O FOR ADDITIONAL PROGRAM DESCRIPTIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tim Larson Vice Preside | OfficerTrustee | 1 | $0 |
David P Lerseth Exec. Dir & | OfficerTrustee | 40 | $0 |
Catherine Lerseth Secretary | OfficerTrustee | 1 | $0 |
Kirsten Schlicht Treasurer | OfficerTrustee | 1 | $0 |
Lee Laaveg Director Of | Trustee | 1 | $0 |
Chuck Eidem Director | Trustee | 1 | $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 | $455,134 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $455,134 |
| Total Program Service Revenue | $0 |
| Investment income | $5 |
| 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 | $455,139 |
| 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 | $0 |
| 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 | $2,720 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $3,504 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $40 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $631 |
| All other expenses | $14,414 |
| Total functional expenses | $167,282 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $367,457 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $204,272 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $571,729 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $571,729 |
| 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 | $571,729 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Friends Of Madagascar Mission Inc has recieved totaling $66,545.
| Awarding Organization | Amount |
|---|---|
Christian Community Foundation Inc Colorado Springs, CO PURPOSE: MINISTRY SUPPORT | $30,500 |
Thrivent Charitable Impact & Investing Appleton, WI PURPOSE: $4,000 FOR EVANGELIST HEALTH CARE; $4,000 FOR BLIND SCHOOL ANTSIRABE; AND $2,000 FOR ADMIN | $18,035 |
Jayne And Leonard Abess Foundation Inc Miami, FL PURPOSE: CHARITABLE CONTRIBUTION | $18,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $10 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
P E O International Peace Scholarship Fund Des Moines, IA | $7,924,621 | $2,011,865 |
Worldwide Foundation For Credit Unions Inc Madison, WI | $2,638,598 | $2,495,321 |
American Friends Of Orr Shalom Inc Janesville, WI | $19,611 | $1,505,147 |
Outstretched Hands Of Romania Inc New Berlin, WI | $104,711 | $425,410 |
International Academy Of Trial Lawyers Foundation Roseville, MN | $8,069,641 | $195,874 |
Gather1 Stoughton, WI | $29,015 | $213,800 |
Global Development Services Inc Spicer, MN | $641,108 | $190,210 |
Friends Of Madagascar Mission Inc Victoria, MN | $571,729 | $455,139 |
Mazahua Valley Ministries Plymouth, MN | $169,587 | $0 |
Chenrezig Fund Inc Madison, WI | $70,093 | $0 |
East Africa Medical Assistance Foundation Minneapolis, MN | $149,750 | $53,713 |
Outreach Africa Inc Merrifield, MN | $25,009 | $0 |