Hearth & Home Ministries Inc
- Assets
- $259.0k
- Revenue
- $4.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Richardson, TX
- Founding
- 08/1984
- Data as of
- 12/2023
- EIN
- 75-1899704
Organization Overview
Hearth & Home Ministries Inc is located in Richardson, TX. The organization was established in 1984. According to its NTEE Classification (G43) the organization is classified as: Heart & Circulatory System Diseases & Disorders, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hearth & Home 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, Hearth & Home Ministries Inc generated $4.2k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 16.2% each year . All expenses for the organization totaled $13.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Hearth & Home Ministries Inc has awarded 36 individual grants totaling $114,700. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William K Mccord Dir Pres | 1 | $0 | |
Beverly B Mccord Dir Sec'y | 1 | $0 | |
Mark H Mccord Director | 0.1 | $0 | |
Michael W Mccord Director | 0.1 | $0 | |
Kelly B Mccord Director | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $4,241 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,241 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $14 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $140 |
| Total operating and administrative expenses | $825 |
| Contributions, gifts, grants paid | $13,000 |
| Total expenses and disbursements | $13,825 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,340 |
| Savings and temporary cash investments | $253,701 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $259,041 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Hearth & Home Ministries Inc has awarded $13,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
INTERVARSITY CHRISTIAN FELLOWSHIP PURPOSE: RELIGIOUS | $5,000 |
INTERNATIONAL STUDENTS INC PURPOSE: RELIGIOUS | $6,500 |
BAYTOWN COMMUNITY CHURCH PURPOSE: RELIGIOUS | $1,000 |
THE CHURCH AT TREE LAKE PURPOSE: RELIGIOUS | $500 |