Men Of The Sacred Hearts
- Assets
- $285.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- Rochester Hills, MI
- Founding
- 12/2006
- Data as of
- 12/2023
- EIN
- 38-2199769
Organization Overview
Men Of The Sacred Hearts is located in Rochester Hills, MI. The organization was established in 2006. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2023, Men Of The Sacred Hearts employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Men Of The Sacred Hearts 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 12/2023, Men Of The Sacred Hearts generated $167.5k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $176.2k during the year ending 12/2023. While expenses have increased by 2.0% per year over the past 9 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION IS INVOLVED IN AD BOOK ACTIVITES, HOLY HOUR ACTIVITIES, AND VARIOUS OTHER FUNCTIONS AND MEETINGS TO HELP PROMOTE THE SPREAD OF THE KINGDOM OF CHRIST AND ITS RELATED RELIGIOUS ACTIVITIES. EXAMPLES OF OTHER FUNCTIONS INCLUDE FAMILY STATUE ACTIVITIES AND AN ORGANIZATION MEMBER/GUEST CHRISTMAS DINNER. THE ORGANIZATION ALSO PROVIDES VARIOUS RELIGIOUS ARTICLES TO INDIVIDUALS AND RELIGIOUS ORGANIZATIONS SUCH AS CHURCHES AND CHURCH AFFILIATED SCHOOOLS TO PROMOTE ITS RELIGIOUS PURPOSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Derick Grembi Secretary | 0.35 | $0 | |
Richard Herbert Member At Large | 0.35 | $0 | |
David Tay Chairman Of The Board/exec Director | 40 | $54,331 | |
Kerry Schaeffner President | 0.35 | $0 | |
Walter Grence Member At Large | 0.35 | $0 | |
Jim Nihem Treasurer | 0.35 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $82,825 |
| Total Program Service Revenue | $77,298 |
| Membership dues | $0 |
| Investment income | $7,413 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $167,536 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $83,192 |
| Professional fees and other payments to independent contractors | $7,935 |
| Occupancy, rent, utilities, and maintenance | $5,699 |
| Printing, publications, postage, and shipping | $24,809 |
| Other expenses | $53,800 |
| Total expenses | $176,160 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $90,512 |
| Other assets | $0 |
| Total assets | $285,875 |
| Total liabilities | $5,322 |
| Net assets or fund balances | $280,553 |
Grants Awarded
Over the last fiscal year, Men Of The Sacred Hearts has awarded $13,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SACRED HEART ENTHRONEMENT NETWORK (SHEN) PURPOSE: GENERAL | $2,000 |
FRIENDS OF CHESTERTON ACADEMY OF DETROIT PURPOSE: GENERAL | $11,000 |