Hearts Desire Ministries Inc
- Assets
- $32.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bryson City, NC
- Founding
- 11/2004
- Data as of
- 12/2021
- EIN
- 56-2210089
Organization Overview
Hearts Desire Ministries Inc is located in Bryson City, NC. The organization was established in 2004. 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. Hearts Desire 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 12/2021, Hearts Desire Ministries Inc generated $79.2k 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 (4.3%) each year. All expenses for the organization totaled $78.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.3%) 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
PROCLAMATION OF THE GOSPEL OF JESUS CHRIST THROUGH THE USE OF TV AND RADIO BROADCASTINGS,NEWSLETTERS, TAPES AND PERSONAL EVANGELISM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael T Holcomb President | 30 | $0 | |
Bavaria L Holcomb Sec/treas | 30 | $0 | |
Jeremy N Holcomb Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $79,181 |
| 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 | $79,181 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $55,649 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $5,627 |
| Printing, publications, postage, and shipping | $528 |
| Other expenses | $16,168 |
| Total expenses | $77,972 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $10,299 |
| Other assets | $0 |
| Total assets | $32,228 |
| Total liabilities | $0 |
| Net assets or fund balances | $32,228 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Hearts Desire Ministries Inc has recieved totaling $41.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $41 |
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Artists In Christian Testimony Brentwood, TN | $4,393,846 | $10,064,345 |
South Carolina Christian Foundation Spartanburg, SC | $40,412,678 | $17,223,785 |
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 |
Cabarrus Cooperative Christian Ministry Inc Concord, NC | $3,832,033 | $7,565,999 |
Providence Ministries Inc Dalton, GA | $6,212,621 | $7,183,854 |
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Christian Light Publications Inc Harrisonburg, VA | $15,496,794 | $6,422,762 |