Mosaic Vision Ministries Inc
- Assets
- $12.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Prosper, TX
- Founding
- 02/2004
- Data as of
- 12/2023
- EIN
- 54-2129946
Organization Overview
Mosaic Vision Ministries Inc is located in Prosper, TX. The organization was established in 2004. According to its NTEE Classification (X21) the organization is classified as: Protestant, 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. Mosaic Vision Ministries 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 12/2023, Mosaic Vision Ministries Inc generated $176.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (4.5%) each year. All expenses for the organization totaled $206.8k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (3.6%) per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
MOSAIC VISION MINISTRIES WAS CREATED ON THE PREMISE THAT NO ONE SHOULD HAVE TO SUFFER JUST BECAUSE THEY WERE BORN IN A PLACE OF POVERTY AND OBSCURITY. WE PROVIDE HUMANITARIAN ATTENTION TO THOSE SUFFERING
Describe the Organization's Program Activity:
Part 3
MOSAIC VISION 2022 ACHIEVEMENTS. - SPONSORSHIP OF 632 ORPHANS - SCHOOLING AND SUPPLIES FOR 632 ORPHANS. - HEALTHCARE FOR 632 ORPHANS. - WIDOW AND CAREGIVER SERVICE TO CARE FOR THEM. - AGRICULTURE TRAINING FOR ALL FAMILIES AND ORPHANS. - FARMING TRAINING FOR ALL FAMILIES AND ORPHANS. - COUNSELING FOR ALL FAMILIES AND ORPHANS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shannon L Irvine President | 40 | $42,500 | |
Susan Ingold Board Of Director | 2 | $0 | |
Micah Irvine Board Of Director | 2 | $0 | |
Mark Forman Board Of Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $176,419 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $176,419 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $45,751 |
| Professional fees and other payments to independent contractors | $28,027 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,558 |
| Other expenses | $131,444 |
| Total expenses | $206,780 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $12,122 |
| Other assets | $0 |
| Total assets | $12,122 |
| Total liabilities | $220,093 |
| Net assets or fund balances | -$207,971 |