Hosanna
- Assets
- $66.1m
- Revenue
- $27.5m
- Investments
- $0.0
- Employees
- 183
- Location
- Albuquerque, NM
- Founding
- 08/1973
- Data as of
- 03/2022
- EIN
- 85-0223225
Organization Overview
Hosanna, operating under the name Faith Comes By Hearing, is located in Albuquerque, NM. The organization was established in 1973. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 03/2022, Faith Comes By Hearing employed 183 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Faith Comes By Hearing 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 03/2022, Faith Comes By Hearing generated $27.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $24.4m during the year ending 03/2022. While expenses have increased by 2.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO RECORD & PROVIDE THE WORD OF GOD IN EVERY TRANSLATED LANGUAGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FAITH COMES BY HEARING (FCBH) BIBLE ENGAGEMENT PROGRAMS WORLDWIDE: DURING THE YEAR ENDED MARCH 31, 2022, HOSANNA BEGAN 120,595 NEW LISTENING PROJECTS IN OVER 80 COUNTRIES, WITH APPROXIMATELY 10,853,550 NEW LISTENERS HEARING THE ENTIRE NEW TESTAMENT IN THEIR INDIGENOUS LANGUAGE. EACH CHURCH OR GROUP WAS GIVEN A FREE AUDIO NEW TESTAMENT IN THEIR INDIGENOUS TONGUE AND LISTENED AT LEAST ONCE A WEEK FOR 30 MINUTES. SOME 102,464 OF THESE GROUPS RECEIVED PROCLAIMER UNITS. THE PROCLAIMER IS A DEDICATED AUDIO PLAYER CONTAINING A DRAMATIZED RECORDING OF THE NEW TESTAMENT IN A TRANSLATED INDIGENOUS LANGUAGE. WITH NO MOVING PARTS TO THE PLAYBACK MECHANISM, IT IS PRACTICALLY INDESTRUCTIBLE, AND PLAYS FOR HOURS AT A TIME. IT CAN RUN ON RECHARGEABLE BATTERIES, SOLAR POWER, HAND-CRANK OR AC ADAPTER.
FCBH NEW TESTAMENT RECORDINGS: DURING THE YEAR ENDED MARCH 31, 2022, 258 AUDIO RECORDINGS WERE COMPLETED WITH 157 NEW LANGUAGES, BRINGING THE TOTAL NUMBER OF LANGUAGES WITH A COMPLETE AUDIO NEW TESTAMENT TO 1614 LANGUAGES SPOKEN IN 190 COUNTRIES BY OVER 6.5 BILLION PEOPLE. HOSANNA ALSO HAD 52 RECORDINGS IN FINAL MASTERING AND EDITING, AND 55 RECORDINGS IN-PROCESS AT YEAR-END.
DEAF BIBLE SOCIETY GRANTS: IN MANY CULTURES THE DEAF ARE OSTRACIZED, HIDDEN AWAY, DENIED ACCESS TO SCHOOL, AND DIFFICULT TO REACH. LESS THAN ONE-FIFTH OF ALL DEAF PEOPLE IN POOR NATIONS RECEIVE ANY EDUCATION. EVEN FOR THOSE WHO CAN READ, WRITTEN TEXT IS A SECOND LANGUAGE. THEIR HEART LANGUAGE IS SIGN LANGUAGE. THERE ARE MORE THAN 400 SIGN LANGUAGES IN USE AROUND THE WORLD. EACH HAS THEIR OWN SYSTEM OF GESTURES AND EXPRESSIONS, INCLUDING AMERICAN SIGN LANGUAGE, WHICH IS AS DIFFERENT FROM ENGLISH AS ANY OTHER FOREIGN LANGUAGE. FAITH COME BY HEARING BEGAN PROVIDING THE BIBLE IN VIDEO TO THE DEAF COMMUNITY BY DEVELOPING AND LAUNCHING THE FIRST DEAF BIBLE APP AVAILABLE THROUGH USE OF SMARTPHONES, VIDEO PHONES, OR COMPUTERS. SINCE THE INCEPTION OF THE DEAF BIBLE APP, THERE ARE NOW 19 SIGN LANGUAGES AVAILABLE ON THE APP. THE ORGANIZATION WAS INSTRUMENTAL IN ESTABLISHING THIS WORK WITH THE DEAF COMMUNITY AND IN THE FORMATION OF THE DEAF BIBLE SOCIETY, A SEPARATE 501(C)(3) ORGANIZATION. HOSANNA NOW PARTNERS WITH DEAF BIBLE SOCIETY IN BRINGING THE WORD OF GOD TO DEAF PEOPLE WORLDWIDE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Morgan Jackson Senior VP | Officer | 40 | $133,682 |
Clay Jackson VP -Operations | OfficerTrustee | 40 | $110,314 |
Melvin Morris Chief Financial Officer | Officer | 40 | $109,914 |
Susan Olguin VP - Donor Engagement | Officer | 40 | $106,600 |
Tory Harper VP -Development | Officer | 40 | $105,271 |
Jonathan Huguenin VP -Language Recording | Officer | 40 | $97,858 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
2sparrows Manufacturer Of Audio Bible Devices | 3/30/22 | $1,939,284 |
Data Center Warehouse Supplier Of Computer Servers | 3/30/22 | $665,713 |
Top Orient Enterprise Manufacturer Of Audio Bible Devices | 3/30/22 | $1,805,402 |
Fullstack Labs Programming Services | 3/30/22 | $530,512 |
Keenan Construction Ltd Co Construction Services | 3/30/22 | $516,342 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $22,839 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $27,363,910 |
| Noncash contributions included in lines 1a–1f | $233,819 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $27,386,749 |
| Total Program Service Revenue | $0 |
| Investment income | $2,217 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $429 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $17,698 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $27,487,086 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $11,025 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $5,456,236 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $926,868 |
| Compensation of current officers, directors, key employees. | $197,734 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,451,789 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,414,253 |
| Payroll taxes | $605,374 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $21,840 |
| Fees for services: Accounting | $14,635 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $49,513 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $907,481 |
| Advertising and promotion | $2,592,263 |
| Office expenses | $3,506 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $462,091 |
| Travel | $465,084 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $37,657 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,691,935 |
| Insurance | $20,350 |
| All other expenses | $44,277 |
| Total functional expenses | $24,373,842 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $66,346 |
| Savings and temporary cash investments | $20,375,454 |
| Pledges and grants receivable | $277,061 |
| Accounts receivable, net | $19,265 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,919,219 |
| Prepaid expenses and deferred charges | $184,867 |
| Net Land, buildings, and equipment | $2,637,907 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $40,586,472 |
| Total assets | $66,066,591 |
| Accounts payable and accrued expenses | $3,031,574 |
| 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 | $3,031,574 |
| Net assets without donor restrictions | $49,927,131 |
| Net assets with donor restrictions | $13,107,886 |
| 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 | $66,066,591 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that Hosanna has recieved totaling $4,219,760.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: EVANGELISM | $3,343,796 |
American Bible Society Philadelphia, PA PURPOSE: PROGRAM SERVICES | $326,213 |
Schwab Charitable Fund San Francisco, CA PURPOSE: RELIGION RELATED | $279,300 |
Servant Foundation Overland Park, KS PURPOSE: RELIGIOUS MINISTRY | $141,236 |
Promise Child Sagle, ID PURPOSE: Audio Bibles for countries support | $38,600 |
Thrivent Charitable Impact & Investing Appleton, WI PURPOSE: MINISTRY TO THE HEARING | $35,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Central Missionary Clearinghouse Inc Houston, TX | $6,419,067 | $44,656,736 |
Parish Episcopal School Dallas, TX | $99,531,938 | $38,441,453 |
Frontiers Usa Phoenix, AZ | $21,110,620 | $36,556,098 |
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 |
Greater Europe Mission Monument, CO | $16,565,205 | $26,305,521 |
Hosanna Albuquerque, NM | $66,066,591 | $27,487,086 |
Biblica Inc Colorado Springs, CO | $12,948,977 | $27,586,140 |