Mihret Medical Supply Group Inc
- Assets
- $743.8k
- Revenue
- $5.7m
- Investments
- $0.0
- Employees
- 0
- Location
- Ruckersville, VA
- Founding
- 08/2019
- Data as of
- 12/2021
- EIN
- 83-2313508
Organization Overview
Mihret Medical Supply Group Inc is located in Ruckersville, VA. The organization was established in 2019. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mihret Medical Supply Group 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, Mihret Medical Supply Group Inc generated $5.7m in total revenue. All expenses for the organization totaled $5.4m during the year ending 12/2021.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTING AND FACILITATING THE COLLECTION AND DISTRIBITION OF QUALITY MEDICAL EQUIPMENTS AND MEDICINES WORLDWIDE TO HUMANITARIAN ENTITIES. STRENGTHENING HEALTH CARE FACILITIES, FAMILY FARMS, MICRO ENTERPRISE, SOCIAL AND SPIRITUAL ORGANIZATIONS, AND EDUCATION PROJECTS IN UNDER SERVED COUNTRIES THROUGH DIRECT AID AND TRAINING AND SCHOLARSHIPS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
1.THE ORGANIZATION HAS DONATED MEDICAL SUPPLIES AND EQUIPMENTS IN FURTHERANCE OF THE ORGANIZATION'S MISSIONS, SPECIFICALLY TO NIFAS MEWICHA, TIBEBE GHION HOSPITAL,SHEGAW MOTA GENERAL HOSPITAL HYDER FEDERAL HOSPITAL AND TO 103 WAR AFFECTED PUBLIC HEALTH INSTITUTIONS IN ETHIOPIA
MIHRET HAS OFFERED TWO CONFERENCES FOR PROJECT LEADERS DURING 2021. A TOTAL OF 360 LEADERS WERE TRAINED DURING THESE TWO EVENTS.
MIHRET HAS 350 REGULAR ORPHANAGE CHILDREN. IT IS BY SEVERAL INDIVIDUAL CHEERFUL GIVING THAT WE SET A DIFFERENCE IN THE LIVES OF EACH OF THESE LITTLE CHILDREN. WE FEED AND SUPPORT CLOTHING FOR 28,840
MIHRET EXECUTED AN APIARY PROJECT IN ETHIOPIA. WE TRAINED 80 MISSIONARIES AND THEIR WIVES IN SIX DIFFERENT PROJECT SITES. WE HIRED A PH.D. HOLDER IN APIARY FARMING, THREE FIELD SPECIALISTS, SIX GUARDS, AND DAILY LABORERS. HE WAR AND UNEXPECTED RAINFALL WERE OUR MAIN CHALLENGES. IN THE FIRST SEASON, WE DISTRIBUTED 300 MODERN BEEHIVES TO 60 FAMILIES OF 300 MODERN BEEHIVES, ONLY 62% (186) PRODUCED HONEY. FARMERS COULD HARVEST 19 TO 25KG OF HONEY, 22% (60) OF THE COLONIES DIDNT HAVE HONEY AND COULD NOT SPLIT, AND 16% (48) MIGRATED DUE TO BAD WEATHER. WE SPLIT 186 COLONIES. CURRENTLY, WE HAVE 480 MODERN BEEHIVES DISTRIBUTED FOR 80 FAMILIES WITH TWO CENTRAL WORKSHOPS. MIHRET SUPPORTED THE CONSTRUCTION OF ANOTHER 100 BEEHIVES. MIHRET SECURED A 4-ACRE LAND IN BURE, GOJJAM, FOR A HONEY EXTRACTION AND PRODUCTION PLANT.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,710,148 |
| Noncash contributions included in lines 1a–1f | $5,346,904 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,710,148 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,710,148 |
| 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 | $5,089,837 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| 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 | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,428 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $21,445 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $225,256 |
| Total functional expenses | $5,417,533 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $40,476 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $703,342 |
| Total assets | $743,818 |
| Accounts payable and accrued expenses | $0 |
| 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 | $823 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $823 |
| Net assets without donor restrictions | $742,995 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $743,818 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Mihret Medical Supply Group Inc has recieved totaling $5,353.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $5,348 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
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