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Nonprofiteer
← HOSANNA

Form 990 for tax year 2023

Filed by HOSANNA.

Totals

Total revenue
$41,533,810
Total expenses
$34,217,621
Contributions and grants received
$38,819,698
Grants paid
$15,214,508
Program service revenue
$0
Investment income
$588,640
Other revenue
$2,125,472
Total assets, end of year
$73,356,822
Total liabilities, end of year
$2,618,199
Net assets or fund balances, end of year
$70,738,623
Program services expenses (Part IX)
$30,482,140
Management and general expenses
$1,524,903
Fundraising expenses
$2,210,578
Program service expenses (Part III)
$30,482,140

Program services were 89.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $38,819,698

  • 1g · Noncash contributions included above

    $4,309,024

  • 3 · Investment income

    total $610,687 · excluded $610,687

  • 7a · Gross sales of assets other than inventory

    other assets -$22,047

  • 7c · Gain or loss

    other assets -$22,047

  • 7d · Net gain or loss

    total -$22,047 · related or exempt -$22,047

  • 8a · Fundraising events: gross income

    $2,579,201

  • 8b · Fundraising events: direct expenses

    $500,422

  • 8c · Net income from fundraising events

    total $2,078,779

  • 10a · Gross sales of inventory

    $76,838

  • 10b · Cost of goods sold

    $60,495

  • 10c · Net income from sales of inventory

    total $16,343 · excluded $16,343

  • 11a · Other revenue: OTHER INCOME

    total $30,350 · related or exempt $30,350

  • 11e · Other revenue, total

    $30,350

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $4,330 · program services $4,330

  • 3 · Grants to foreign organizations and individuals

    total $15,210,178 · program services $15,210,178

  • 5 · Compensation of officers, directors and key employees

    total $845,510 · program services $390,665 · management and general $118,112 · fundraising $336,733

  • 7 · Other salaries and wages

    total $7,307,496 · program services $6,168,363 · management and general $656,758 · fundraising $482,375

  • 9 · Other employee benefits

    total $1,675,649 · program services $1,384,141 · management and general $154,040 · fundraising $137,468

  • 10 · Payroll taxes

    total $667,619 · program services $522,241 · management and general $67,689 · fundraising $77,689

  • 11b · Fees: legal

    total $14,860 · program services $5,547 · management and general $3,905 · fundraising $5,408

  • 11c · Fees: accounting

    total $12,793 · program services $11,450 · management and general $593 · fundraising $750

  • 11e · Fees: professional fundraising services

    total $53,368 · fundraising $53,368

  • 11g · Fees: other

    total $846,000 · program services $276,697 · management and general $239,385 · fundraising $329,918

  • 12 · Advertising and promotion

    total $3,157,601 · program services $2,497,834 · management and general $73,595 · fundraising $586,172

  • 13 · Office expenses

    total $35,181 · program services $13,384 · management and general $3,481 · fundraising $18,316

  • 16 · Occupancy

    total $543,572 · program services $457,223 · management and general $74,112 · fundraising $12,237

  • 17 · Travel

    total $293,688 · program services $85,834 · management and general $90,077 · fundraising $117,777

  • 19 · Conferences, conventions and meetings

    total $45,300 · program services $30,989 · management and general $2,793 · fundraising $11,518

  • 22 · Depreciation, depletion and amortization

    total $3,147,023 · program services $3,113,622 · management and general $19,708 · fundraising $13,693

  • 23 · Insurance

    total $31,656 · program services $28,334 · management and general $1,467 · fundraising $1,855

  • 24a · Other expenses: REPAIRS AND MAINTENANCE

    total $135,693 · program services $122,080 · management and general $7,977 · fundraising $5,636

  • 24b · Other expenses: MERCHANT AND BANK FEE

    total $101,235 · program services $91,789 · management and general $4,171 · fundraising $5,275

  • 24c · Other expenses: SUPPLIES AND ARTWORK EXPE

    total $92,497 · program services $71,841 · management and general $5,881 · fundraising $14,775

  • 24d · Other expenses: MISC

    total -$3,628 · program services -$4,402 · management and general $1,159 · fundraising -$385

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $13,875,536 · end of year $7,388,503

  • 3 · Pledges and grants receivable

    beginning of year $323,092 · end of year $383,655

  • 4 · Accounts receivable

    beginning of year $107,436 · end of year $76,824

  • 8 · Inventories for sale or use

    beginning of year $2,597,560 · end of year $2,742,614

  • 9 · Prepaid expenses and deferred charges

    beginning of year $149,402 · end of year $279,811

  • 10a · Land, buildings and equipment: cost or other basis

    $8,198,077

  • 10b · Land, buildings and equipment: accumulated depreciation

    $4,764,496

  • 10c · Land, buildings and equipment, net

    beginning of year $3,501,695 · end of year $3,433,581

  • 15 · Other assets

    beginning of year $45,672,073 · end of year $59,051,834

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,804,360 · end of year $2,618,199

  • 27 · Net assets without donor restrictions

    beginning of year $56,388,561 · end of year $66,273,471

  • 28 · Net assets with donor restrictions

    beginning of year $7,033,873 · end of year $4,465,152

Mission and programs · 2023

Mission

TO PROCLAIM JESUS CHRIST AS LORD TO THE LITERATE AND ILLITERATE THROUGH SCRIPTURE-IN-USE AND OTHER PROGRAMS IN THE U.S.AND OTHER PARTS OF THE WORLD.

Activities or mission (Part I)

TO RECORD & PROVIDE THE WORD OF GOD IN EVERY TRANSLATED LANGUAGE.

  • FAITH COMES BY HEARING(FCBH) BIBLE ENGAGEMENT PROGRAMS WORLDWIDE: FOR THE FISCAL YEAR ENDED MARCH 31, 2024, HOSANNA BEGAN 259,501 NEW LISTENING PROJECTS IN OVER 80 COUNTRIES, WITH APPROXIMATELY 23,355,000 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 211,470 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.

    Expenses $30,482,140 · Grants $15,214,508 · Revenue $23,213,625

  • DURING THE YEAR ENDED MARCH 31, 2024, 454 AUDIO RECORDINGS WERE COMPLETED WITH 274 NEW LANGUAGES, BRINGING THE TOTAL NUMBER OF LANGUAGES WITH A COMPLETE AUDIO NEW TESTAMENT TO 2,059 LANGUAGES SPOKEN IN 190 COUNTRIES BY OVER 7.0 BILLION PEOPLE. HOSANNA ALSO HAD 118 RECORDINGS IN FINAL MASTERING AND EDITING, AND 61 RECORDINGS INPROCESS AT YEAR-END.

    Revenue $17,684,852

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Gerald Jackson

    PRESIDENT/CE

    Total calculated
    $106,097
    From this org
    $104,616
    From related orgs
    $0
    Other
    $1,481
    Hours/week
    40 + 0.3 related

  • Clay Jackson

    COO/VP

    Total calculated
    $122,914
    From this org
    $121,063
    From related orgs
    $0
    Other
    $1,851
    Hours/week
    40

  • Janet Lloyd

    EXEC. RELATI

    Total calculated
    $89,368
    From this org
    $82,477
    From related orgs
    $0
    Other
    $6,891
    Hours/week
    40

  • Morgan Jackson

    SENIOR VP

    Total calculated
    $153,929
    From this org
    $152,033
    From related orgs
    $0
    Other
    $1,896
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $152,033
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    $1,896
    Filer's total
    $153,929

  • Melvin Morris

    CFO

    Total calculated
    $122,037
    From this org
    $120,412
    From related orgs
    $0
    Other
    $1,625
    Hours/week
    40 + 0.3 related

  • Susan Olguin

    CDO

    Total calculated
    $123,491
    From this org
    $121,870
    From related orgs
    $0
    Other
    $1,621
    Hours/week
    40 + 0.3 related

  • Jonathan Stearley

    VP-TECHNOLOG

    Total calculated
    $110,795
    From this org
    $94,787
    From related orgs
    $0
    Other
    $16,008
    Hours/week
    40

  • Jonathan Huguenin

    CMO

    Total calculated
    $130,757
    From this org
    $113,251
    From related orgs
    $0
    Other
    $17,506
    Hours/week
    40

  • Jeff Solscheid

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    0.2

  • Richard Esterly

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    0.2 + 0.3 related

  • Jim Dutton

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.2

  • Rich Ganter

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.2

  • Tim Haist

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.2

  • Scott Hauquitz

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.2

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
2 July 2024
IRS schema version
2023v5.0
Source object
202431919349301333

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