His1040 INC: Nonprofit Profile, Financials & Form 990 (EIN 54-2059311)

Revenue by fiscal year
FY2019	$240K
FY2020	$525K

Expenses by fiscal year
FY2019	$244K
FY2020	$495K

Net assets by fiscal year
FY2019	$7K
FY2020	$37K

Is it real?

No. The IRS revoked its tax exemption. Latest filing on record: FY2020.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

100%

Program services 100% · $493K Management & general 0% · $2K Fundraising 0% · $104

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

3 people listed on the 990.

Part VII, Section A · reportable compensation

Fredrick Virtucio

Director

$0Pt VII · Sec A

William D Tyree III

Treasurerdirector

$0Pt VII · Sec A

Napoleon C Ignacio

Founderdirector

$0Pt VII · Sec A

See His1040 INC executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

Family or business ties among officersPt VI · Ln 2No
Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Empower native missionaries to share faith with unreached people.

Questions for His1040 INC

Tap to ask. His1040 INC sees how many people are interested.

Your first name shows with your question. His1040 INC answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $493K · in their own filed words · FY2020

01

Highlights of 2020--Due to the global pandemic that continued into 2020, HIS1040 provided a tremendous amount of relief to underserved people groups in remote areas. There were 3 waves of distributions that included food, water, medicine and blankets. HIS1040 continued to install wells with handpumps in remote tribal areas.

$493Kprogram expense

By the numbers

The FY2020 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$525K

Ln 12

Gifts and grantsLn 1h$525K

Investment incomeLn 3$2

Money outPt IX

$495K

Ln 25

Programscol B$493K

Managementcol C$2K

Fundraisingcol D$104

Owns and owesPt X

$37K

net assets · Ln 32

Cash and savingsLn 1–2$37K

Total assetsLn 16$37K

LiabilitiesLn 26$2

PeoplePt VI, VII

3

listed · VII A

PaidVII A0

Voting boardVI 1a3

IndependentVI 1b3

2In more detail

Revenue in detailPt VIII

Gifts and grantsLn 1h$525K

Investment incomeLn 3$2

Total revenueLn 12$525K

Assets in detailPt X, end of year

CashLn 1$37K

Cash and savings togetherLn 1–2$37K

Total assetsLn 16$37K

LiabilitiesLn 26$2

Net assetsLn 32$37K

OperationsPt I, VI

EmployeesI 50

Fiscal year endsHeaderDecember

Conflict-of-interest policyVI 12aYes

Whistleblower policyVI 13No

Records policyVI 14No

3Year over year

Balance sheet, start vs end of yearPt X · col A, B

Line	Start FY20	End FY20
Cash and savingsLn 1–2	$7K	$37K
Total assetsLn 16	$7K	$37K
LiabilitiesLn 26	$558	$2
Net assetsLn 32	$7K	$37K

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Grants and assistance to foreign recipientsLn 3	$492K	$492K
Office expensesLn 13	$130	$115	$15
Information technologyLn 14	$82	$82
InterestLn 20	$26		$26
Other expenses (24a–d)Ln 24	$2K	$170	$2K	$104
Total functional expensesLn 25	$495K	$493K	$2K	$104

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2020 Latest Viewing	$525K	$495K	$30K	$37K	990 PDF
FY2019	$240K	$244K	−$4K	$7K	990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants F · Foreign O · Explanations

See the full FY2020 990 (6 parts)

Part I · Summary $524,566 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $239,523$524,564

I-9 Program service revenue$0

I-10 Investment income$2

I-11 Other revenue$0

I-12 Total revenuePrior year $239,523$524,566

I-13 Grants and similar amounts paidPrior year $239,523$492,386

I-14 Benefits paid to members$0

I-15 Salaries and benefits$0

I-16a Professional fundraising fees$0

I-17 Other expensesPrior year $5,785$2,345

I-18 Total expensesPrior year $245,308$494,731

I-19 Revenue less expensesPrior year −$5,785$29,835

Part VI · Governance 3 of 3 board members independent, 3 to look at

VI-1a Voting members of the governing body3

VI-1b Independent voting members3

VI-13 Written whistleblower policyNo

VI-14 Document retention and destruction policyNo

VI-15a Process for setting top official's payNo

VI-2 Family or business relationship among officers or directorsNo

VI-12a Written conflict of interest policyYes

Part VIII · Statement of revenue $524,566 across 4 lines filed

VIII-1f All other contributions, gifts and grants$524,564

VIII-1h Total contributions, gifts and grants$524,564

VIII-3 Investment incomeRelated to mission $2$2

VIII-12 Total revenueRelated to mission $2 · Unrelated business $0 · Excluded from tax $0$524,566

Part IX · Statement of functional expenses $494,731 across 5 lines filed

IX-3 Grants and assistance to foreign recipientsPrograms $492,386$492,386

IX-13 Office expensesPrograms $115 · Management $15$130

IX-14 Information technologyPrograms $82$82

IX-20 InterestManagement $26$26

IX-24 Other expenses (24a–d)Programs $170 · Management $1,833 · Fundraising $104$2,107

IX-25 Total functional expensesPrograms $492,753 · Management $1,874 · Fundraising $104$494,731

Part X · Balance sheet $36,546 assets, 7 lines filed

X-1 Cash, non-interest-bearingStart of year $7,267$36,546

X-16 Total assetsStart of year $7,267$36,546

X-17 Accounts payable and accrued expensesStart of year $558$2

X-26 Total liabilitiesStart of year $558$2

X-27 Net assets without donor restrictionsStart of year $6,709$36,544

X-32 Total net assets or fund balancesStart of year $6,709$36,544

X-33 Total liabilities and net assetsStart of year $7,267$36,546

Part XI · Reconciliation of net assets $36,544 net assets at year end

XI-1 Total revenue$524,566

XI-2 Total expenses$494,731

XI-3 Revenue less expenses$29,835

XI-4 Net assets at start of year$6,709

XI-9 Other changes in net assets$0

XI-10 Net assets at end of year$36,544

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

His1040 INC

Before you give

Is it real?

Where the money goes

Who runs it and what they're paid

Questions the 990 asks

Programs and updates

Questions for His1040 INC

By the numbers

Filing history

Schedules filed Part IV