Hungarian Ministries International is located in Mesa, AZ. The organization was established in 2020. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hungarian Ministries International 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 12/2022, Hungarian Ministries International generated $87.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (32.3%) each year. All expenses for the organization totaled $119.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PRINTING AND DISTRIBUTIONS OF BIBLES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Martin Fekete President | 5 | $0 | |
Joseph Baranyi Director | 40 | $0 | |
Vincent Murrietta Treasurer | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $87,454 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $87,454 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $117,800 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $812 |
Other expenses | $1,229 |
Total expenses | $119,841 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $12,417 |
Other assets | $0 |
Total assets | $12,417 |
Total liabilities | $21,300 |
Net assets or fund balances | -$8,883 |