The Franciscan Hermitage Inc
- Assets
- $56.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- 03/1985
- Data as of
- 12/2021
- EIN
- 31-1118755
Organization Overview
The Franciscan Hermitage Inc is located in Indianapolis, IN. The organization was established in 1985. According to its NTEE Classification (F60) the organization is classified as: Counseling, under the broad grouping of Mental Health & Crisis Intervention and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Franciscan Hermitage 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, Franciscan Hermitage Inc generated $87.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.7%) each year. All expenses for the organization totaled $96.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (9.2%) per year over the past 7 years. 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 |
|---|---|---|---|
Lulu Kinnett Member At La | 40 | $23,789 | |
Greg Vargo President | 3 | $0 | |
Dan Ashcrafd Vice Preside | 3 | $0 | |
Angela Mansfield Treasurer | 3 | $0 | |
FR Justin Belitz Founding Dir | 40 | $0 | |
Nancy Chism Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $29,944 |
| Total Program Service Revenue | $12,316 |
| Membership dues | $0 |
| Investment income | $32,044 |
| Gain or Loss | $2,139 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $10,833 |
| Total Revenue | $87,276 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $25,533 |
| Professional fees and other payments to independent contractors | $6,072 |
| Occupancy, rent, utilities, and maintenance | $4,985 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $59,903 |
| Total expenses | $96,493 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $51,686 |
| Other assets | $0 |
| Total assets | $56,447 |
| Total liabilities | $0 |
| Net assets or fund balances | $56,447 |
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Full Strength Ministries Inc Fort Wayne, IN | $190,715 | $727,442 |
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