Open Hearts Ministry Inc
- Assets
- $56.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 3
- Location
- Grand Rapids, MI
- Founding
- 03/1996
- Data as of
- 12/2021
- EIN
- 38-3251559
Organization Overview
Open Hearts Ministry Inc is located in Grand Rapids, MI. The organization was established in 1996. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Open Hearts Ministry Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Open Hearts Ministry 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, Open Hearts Ministry Inc generated $145.2k 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 (14.2%) each year. All expenses for the organization totaled $132.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (15.4%) per year over the past 7 years. 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
2021
Describe the Organization's Program Activity:
Part 3
OPEN HEARTS MINISTRIES' MISSION IS TO MINISTER TO THE ABUSED AND TO TRAIN OTHERS TO DO THE SAME. THROUGH SEMINARS, WE TRAIN INDIVIDUALS TO START SMALL GROUPS TO MINISTER TO THE ABUSED. THIS YEAR WE TRAINED OVER 150 PEOPLE DOMESTICALLY AND INTERNATIONALLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Keller Chairperson | 4 | $0 | |
John Mcfadden Treasurer | 4 | $0 | |
Ken Aldrich Director | 4 | $0 | |
Sandy Burdick Secretary | 4 | $0 | |
Sue Samuelson Director | 4 | $0 | |
Pat Keller Director | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $69,422 |
| Total Program Service Revenue | $60,778 |
| Membership dues | $0 |
| Investment income | $12 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $145,216 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $46,727 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $3,459 |
| Other expenses | $82,229 |
| Total expenses | $132,415 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $51,722 |
| Other assets | $0 |
| Total assets | $56,277 |
| Total liabilities | $7,704 |
| Net assets or fund balances | $48,573 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Open Hearts Ministry Inc has recieved totaling $8,025.
| Awarding Organization | Amount |
|---|---|
Woods Family Foundation Oklahoma City, OK PURPOSE: SOCIAL WELFARE | $8,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $25 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rbc Ministries Grand Rapids, MI | $21,687,815 | $61,139,442 |
Gospel Light Mennonite Church Medical Aid Plan Canton, OH | $23,765,488 | $52,923,721 |
National Church Residences Foundation Columbus, OH | $124,164,884 | $10,642,562 |
Lutheran Home Westlake, OH | $17,550,739 | $14,990,939 |
Mission Pre-Born Inc Indianapolis, IN | $6,569,199 | $16,394,673 |
Back 2 Back Ministries Inc Mason, OH | $16,341,723 | $15,736,396 |
American Lutheran Church-Northland Luthern Services For The Elderly Marinette, WI | $6,079,717 | $8,121,825 |
Lifeline Christian Mission Westerville, OH | $4,011,656 | $8,864,556 |
Independent Baptist Mission For Asians Inc Marietta, OH | $1,955,578 | $8,557,935 |
City Gospel Mission Cincinnati, OH | $28,334,582 | $12,813,405 |
Freedom From Religion Foundation Inc Madison, WI | $25,982,708 | $9,398,786 |
Traditions At Xenia Columbus, OH | $32,383,407 | $4,874,635 |