Magdalene Serenity House Inc
- Assets
- $1.2m
- Revenue
- $697.2k
- Investments
- $0.0
- Employees
- 5
- Location
- Fayetteville, AR
- Founding
- 06/2016
- Data as of
- 12/2022
- EIN
- 47-1870017
Organization Overview
Magdalene Serenity House Inc is located in Fayetteville, AR. The organization was established in 2016. According to its NTEE Classification (L40) the organization is classified as: Temporary Housing, under the broad grouping of Housing & Shelter and related organizations. As of 12/2022, Magdalene Serenity House Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Magdalene Serenity House 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 12/2022, Magdalene Serenity House Inc generated $697.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $562.0k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO HELP REBUILD THE LIVES OF WOMEN WHO HAVE EXPERIENCED TRAUMA, ADDICTION AND INCARCERATION THROUGH SAFE HOUSING, LONG-TERM SUPPORT AND COMMUNITY PARTNERSHIPS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO HELP REBUILD THE LIVES OF WOMEN WHO HAVE EXPERIENCED TRAUMA, ADDICTION, AND INCARCERATION THROUGH SAFE HOUSING, LONG-TERM SUPPORT, AND COMMUNITY PARTNERSHIPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rogelio Garcia Contreras Director | Trustee | 1 | $0 |
Jane Gearhart Vice Preside | OfficerTrustee | 1 | $0 |
Lowell Grisham President | OfficerTrustee | 1 | $0 |
Haley Hixson Director | Trustee | 1 | $0 |
Casey Jones Director | Trustee | 1 | $0 |
Anne O'leary-Kelly Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $21,975 |
| Related organizations | $0 |
| Government grants | $37,788 |
| All other contributions, gifts, grants, and similar amounts not included above | $591,386 |
| Noncash contributions included in lines 1a–1f | $80,930 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $651,149 |
| Total Program Service Revenue | $0 |
| Investment income | $1,400 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $20 |
| Net Income from Fundraising Events | $27,497 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $697,228 |
| 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 | $247,526 |
| Pension plan accruals and contributions | $14,865 |
| Other employee benefits | $0 |
| Payroll taxes | $20,566 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $492 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,222 |
| Office expenses | $4,117 |
| Information technology | $6,385 |
| Royalties | $0 |
| Occupancy | $95,881 |
| Travel | $5,080 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,017 |
| Interest | $1,870 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $55,795 |
| Insurance | $15,398 |
| All other expenses | $6,154 |
| Total functional expenses | $562,043 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $385,744 |
| Savings and temporary cash investments | $44,211 |
| Pledges and grants receivable | $30,083 |
| 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 | $0 |
| Net Land, buildings, and equipment | $614,317 |
| Investments—publicly traded securities | $122,244 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,196,599 |
| Accounts payable and accrued expenses | $2,895 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $32,795 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $35,690 |
| Net assets without donor restrictions | $992,335 |
| Net assets with donor restrictions | $168,574 |
| 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 | $1,196,599 |