New Heart Music Ministries
- Assets
- $1.9m
- Revenue
- $852.9k
- Investments
- $0.0
- Employees
- 9
- Location
- Houston, TX
- Founding
- 11/1999
- Data as of
- 12/2021
- EIN
- 75-2687547
Organization Overview
New Heart Music Ministries is located in Houston, TX. The organization was established in 1999. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2021, New Heart Music Ministries employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Heart Music 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, New Heart Music Ministries generated $852.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $412.7k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
RELIGIOUS/EDUCATIONAL PURPOSES
Describe the Organization's Program Activity:
Part 3 - Line 4a
PAYMENTS TO MUSIC INSTRUCTORS FOR TEACHING THE STUDENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ephraim Cheng Chairman | OfficerTrustee | 40 | $75,016 |
Yenn-Chwen Er President | OfficerTrustee | 40 | $40,482 |
Rev Brian Lam Board Member | Trustee | 0.25 | $0 |
Roy Chen Board Member | Trustee | 0.25 | $0 |
Tsung-Ying Yeh Board Member | Trustee | 0.5 | $0 |
Tze-Ping Liu Controller | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $162,927 |
| All other contributions, gifts, grants, and similar amounts not included above | $590,541 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $753,468 |
| Total Program Service Revenue | $90,380 |
| Investment income | $5 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $9,059 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $852,912 |
| 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. | $115,498 |
| Compensation of current officers, directors, key employees. | $57,749 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $123,712 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $38,003 |
| Payroll taxes | $28,849 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,574 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,575 |
| Office expenses | $2,841 |
| Information technology | $1,895 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,012 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $28,103 |
| Insurance | $13,345 |
| All other expenses | $30,651 |
| Total functional expenses | $412,735 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,037,577 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $48,090 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $850,116 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $253 |
| Total assets | $1,936,036 |
| Accounts payable and accrued expenses | $15 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $15 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $1,936,021 |
| Total liabilities and net assets/fund balances | $1,936,036 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that New Heart Music Ministries has recieved totaling $12,133.
| Awarding Organization | Amount |
|---|---|
Christopher And Constance Li Charitable Foundation Inc Potomac, MD PURPOSE: UNRESTRICTED | $10,000 |
Wong Family Foundation Houston, TX PURPOSE: SUPPORTING ACTIVITIES | $2,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $133 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Trinity Christian Center Of Santa Ana Inc Fort Worth, TX | $220,989,355 | $120,975,345 |
Central Missionary Clearinghouse Inc Houston, TX | $6,419,067 | $44,656,736 |
Parish Episcopal School Dallas, TX | $99,531,938 | $38,441,453 |
Omega Charitable Developers Inc Houston, TX | $6,275,678 | $33,763,984 |
Rightnow Ministries International McKinney, TX | $45,408,215 | $33,884,225 |
Newman International Academy Arlington, TX | $46,580,877 | $32,428,105 |
Pine Cove Inc Tyler, TX | $43,410,564 | $33,919,246 |
Interfaith Ministries For Greater Houston Houston, TX | $17,611,753 | $29,868,273 |
Bible Study Fellowship San Antonio, TX | $20,886,435 | $27,831,196 |
Hosanna Albuquerque, NM | $66,066,591 | $27,487,086 |
Apartment Life Inc Bedford, TX | $5,807,926 | $23,558,847 |
Liberty Educational Ministries Inc Argyle, TX | $56,879,806 | $25,424,585 |