Reclaiming Hearts Ministries
- Assets
- $31.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Franklin, TN
- Founding
- 06/2011
- Data as of
- 12/2021
- EIN
- 45-2064271
Organization Overview
Reclaiming Hearts Ministries is located in Franklin, TN. The organization was established in 2011. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Reclaiming Hearts Ministries 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, Reclaiming Hearts Ministries generated $101.3k 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 (3.3%) each year. All expenses for the organization totaled $91.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.6%) 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 |
|---|---|---|---|
Philly Jones Chairman | 1 | $0 | |
Basil Dosunmu Treasurer | 0 | $0 | |
Joan Berry Secretary | 2 | $0 | |
Denise Jones President | 25 | $0 | |
Deneen Turner Director | 0 | $0 | |
Ken Edwards Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $70,837 |
| Total Program Service Revenue | $29,498 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $956 |
| Total Revenue | $101,291 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $34,956 |
| Professional fees and other payments to independent contractors | $38,257 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $18,640 |
| Total expenses | $91,853 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $31,403 |
| Other assets | $0 |
| Total assets | $31,403 |
| Total liabilities | $1,120 |
| Net assets or fund balances | $30,283 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Reclaiming Hearts Ministries has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: RELIGION RELATED | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Advancing Native Missions Afton, VA | $4,333,922 | $11,124,622 |
National Pro-Life Alliance Springfield, VA | $3,799,169 | $8,934,186 |
Wellspring Living Inc Atlanta, GA | $3,565,992 | $9,107,143 |
Sail-School For Arts-Infused Learning Evans, GA | $15,793,761 | $7,096,452 |
Artists In Christian Testimony Brentwood, TN | $4,393,846 | $10,064,345 |
Acca Inc Annandale Christian Community For Action Annandale, VA | $4,445,077 | $8,164,971 |
Love Worth Finding Ministries Inc Memphis, TN | $3,628,719 | $7,504,607 |
Phil Waldrep Evangelistic Association Decatur, AL | $5,783,944 | $9,174,147 |
Christian Motorcyclists Assn Inc Hatfield, AR | $5,956,243 | $7,886,367 |
Cabarrus Cooperative Christian Ministry Inc Concord, NC | $3,832,033 | $7,565,999 |
G O Ministries Inc Louisville, KY | $3,216,170 | $6,018,777 |
Providence Ministries Inc Dalton, GA | $6,212,621 | $7,183,854 |