Mending The Sacred Hoop
- Assets
- $168.9k
- Revenue
- $685.7k
- Investments
- $0.0
- Employees
- 9
- Location
- Duluth, MN
- Founding
- 10/2007
- Data as of
- 09/2023
- EIN
- 61-1520024
Organization Overview
Mending The Sacred Hoop is located in Duluth, MN. The organization was established in 2007. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 09/2023, Mending The Sacred Hoop employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mending The Sacred Hoop 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 09/2023, Mending The Sacred Hoop generated $685.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.5%) each year. All expenses for the organization totaled $697.4k during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (5.2%) per year over the past 6 years. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
COALITION GRANTS AND CULTURAL GRANTS RECEIVED FROM OFFICE OF JUSTICE PROGRAMS, OFFICE OF VIOLENCE AGAINST WOMEN, AND THE STATE OF MINNESOTA OFFICE OF JUSTICE; ALL USED TO COMPLETE WORK TOWARDS THE ORGANIZATION'S MISSION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cinnamon Bankey Executive Director | Officer | 40 | $0 |
Phil Beadle Board Chair | Trustee | 1 | $0 |
Patricia Opoien Treasurer | Trustee | 5 | $0 |
Anne Lafrinier-Richie Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $651,032 |
| All other contributions, gifts, grants, and similar amounts not included above | $26,243 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $677,275 |
| Total Program Service Revenue | $0 |
| Investment income | $6,161 |
| 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 | $685,727 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $21,257 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $80,272 |
| Compensation of current officers, directors, key employees. | $12,751 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $243,360 |
| Pension plan accruals and contributions | $12,600 |
| Other employee benefits | $62,989 |
| Payroll taxes | $29,989 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,361 |
| Fees for services: Accounting | $47,386 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $22,270 |
| Information technology | $21,127 |
| Royalties | $0 |
| Occupancy | $3,651 |
| Travel | $21,264 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,055 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,975 |
| All other expenses | $51,571 |
| Total functional expenses | $697,412 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $63,022 |
| Savings and temporary cash investments | $15,523 |
| Pledges and grants receivable | $81,407 |
| 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 | $8,947 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $168,899 |
| Accounts payable and accrued expenses | $63,157 |
| 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 | $7,904 |
| Total liabilities | $71,061 |
| Net assets without donor restrictions | $97,838 |
| 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 | $168,899 |