Missionary Furlough Homes Foundation
- Assets
- $1.6m
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Wheaton, IL
- Founding
- 08/1965
- Data as of
- 12/2021
- EIN
- 36-6135004
Organization Overview
Missionary Furlough Homes Foundation is located in Wheaton, IL. The organization was established in 1965. According to its NTEE Classification (L40) the organization is classified as: Temporary Housing, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Missionary Furlough Homes Foundation 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, Missionary Furlough Homes Foundation generated $1.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 27.7% each year . All expenses for the organization totaled $229.8k during the year ending 12/2021. While expenses have increased by 6.1% 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
HOUSING FOR MISSIONARIES ON FURLOUGH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PROVIDES AFFORDABLE HOUSING FOR MISSIONARIES HOME ON FURLOUGH.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vicky Bailey Secretary | OfficerTrustee | 1 | $0 |
Mike Mckevitt Vice President | OfficerTrustee | 1 | $0 |
Margaret Henry Housing Secretary | OfficerTrustee | 1 | $0 |
Noel Mason President | OfficerTrustee | 1 | $0 |
Sarah Bradley Treasurer | OfficerTrustee | 1 | $0 |
Ann Gemmel 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 | $866,695 |
| Noncash contributions included in lines 1a–1f | $735,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $866,695 |
| Total Program Service Revenue | $174,911 |
| Investment income | $0 |
| 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 | $1,041,606 |
| 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 | $11,269 |
| Fees for services: Accounting | $7,165 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,250 |
| Advertising and promotion | $0 |
| Office expenses | $1,948 |
| Information technology | $4,086 |
| Royalties | $0 |
| Occupancy | $126,781 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $225 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $36,526 |
| Insurance | $12,322 |
| All other expenses | $0 |
| Total functional expenses | $229,809 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $131,245 |
| 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 | $3,336 |
| Net Land, buildings, and equipment | $1,509,561 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,644,142 |
| Accounts payable and accrued expenses | $103,662 |
| Grants payable | $0 |
| Deferred revenue | $9,137 |
| 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 | $12,840 |
| Total liabilities | $125,639 |
| Net assets without donor restrictions | $1,480,603 |
| Net assets with donor restrictions | $37,900 |
| 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 | $1,644,142 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Missionary Furlough Homes Foundation has recieved totaling $109,215.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: SUPPORT | $38,965 |
Tyndale House Ministries Carol Stream, IL PURPOSE: General program support | $35,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $32,500 |
The Clayton Brown Foundation Carol Stream, IL PURPOSE: GENERAL PURPOSES | $2,000 |
James E Elliot Charitable Trust Elliot Robert J Ttee Glen Ellyn, IL PURPOSE: RELIGIOUS | $750 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Travaux Inc Milwaukee, WI | $20,871,575 | $29,083,823 |
Housing Opportunities For Women Inc Chicago, IL | $10,302,205 | $13,644,444 |
Wings Program Inc Palatine, IL | $20,051,146 | $9,988,803 |
Humility Homes And Services Inc Davenport, IA | $6,799,431 | $6,904,727 |
Shelter House Community Shelter And Transition Services Iowa City, IA | $15,016,945 | $7,662,682 |
University Village Housing Inc Green Bay, WI | $28,254,095 | $5,543,891 |
Castle Manor Lincoln, IL | $7,321,481 | $2,363,290 |
Sheffield Place Kansas City, MO | $4,172,612 | $2,183,282 |
Christian Associates Of Table Rock Lake Kimberling City, MO | $3,003,702 | $1,607,403 |
Future Choices Inc Muncie, IN | $2,713,745 | $998,076 |
Good Samaritan Ministries A Project Of Carbondale Interfaith Council Carbondale, IL | $177,879 | $821,445 |
Silent Workers Circle Of The Intl Order Of Kings Daughters And Sons Frankfort, KY | $1,437,401 | $893,984 |