Many Mansions INC EIN 83-1963303 Form 990 (PDF) Claim this org

Many Mansions INC

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Provides life-giving resources, especially to widows and orphans, in Christ's name. For fiscal year 2024 it reported $415K in revenue, $369K in expenses, and $349K in net assets.Pt I

Type
Public charity (501(c)(3)) · Nonprofit
Location
Glen Rose, TX
Filings
5 on file (2020–2024)
Revenue
$415KFY2024
Expenses
$369K
Net assets
$349K
People
3
Filings
5
Updates
0
More identity details & actions ⌄
EIN  83-1963303 Public charity (501(c)(3)) Glen Rose, TX
Form 990 (PDF)
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Size
$100K–1M
What they do
Provides life-giving resources, especially to widows and orphans, in Christ's name.
Leadership
Michael B Williams · President
Money in and out
$415K revenue, $369K expenses
Bottom line
92% program efficiency
Where the money goes · FY2024
Total revenue
$415K
Pt VIII · Ln 12
Total expenses
$369K
Pt IX · Ln 25
Net assets
$349K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $46K
Where spending went · Part IX cols B–D
Program services $0.92 Management & general $0.08
Program efficiency
92%
of spending reaches programs▼ -8% vs prior filing year
Operating runway
11.6mo
months of highly liquid reserves at operating expense rate▼ -5% vs prior filing year
Surplus margin
+11%
revenue over expenses, this year▼ -42% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$415K
FY2024▲ +10%
Expenses
$369K
FY2024▲ +21%
Total assets
$357K
FY2024▲ +15%
Total liabilities
$8K
FY2024▲ +6%
Total revenue
$415K
Pt VIII · Ln 12
Total expenses
$369K
Pt IX · Ln 25
Net assets
$349K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$46K
Total assetsPt X · Ln 16$357K
Program-expense ratioPt IX · col B92%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMany Mansions INC
EINHdr · item D83-1963303
Principal addressHdr · item CGlen Rose, TX
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFSep 2018

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

1 program service account for $338K of program spending, described in the organization's own filed words · FY2024.
01

Provide life giving resources through christ's kingdom with a focus on widows and orphans.

$338Kprogram expense

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Statement of Revenue

Part VIII
Other revenue$262K · 63%
Contributions & grants$144K · 35%
Investment income$8K · 2%
Other revenue63%$262K
Contributions & grants35%$144K
Investment income2%$8K
Total revenueLn 12$415K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.92 Management & general $0.08
Program services92%$338K
Management & general8%$31K
Total functional expensesLn 25$369K

Balance Sheet

Part X · end of year
CashLn 1$357K
Total assetsLn 16$357K
Total liabilitiesLn 26$8K
Total net assetsLn 32$349K
Months of cash on handcomputed11.6

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $357K · Operating expenses/yr $369K
11.6 months
Where the money goes
Program services
Program services $338K · Total expenses $369K
92%
Management & General
Management & general $31K · Total expenses $369K
8%
Fundraising
Fundraising $0 · Total expenses $369K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $137K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $144K · Total revenue $415K
35%
Government reliance
Government grants — · Total revenue $415K
Earned-income share
Program service revenue $0 · Total revenue $415K
0%
Investment reliance
Investment income $8K · Total revenue $415K
+2%
Program self-sufficiency
Program service revenue $0 · Total expenses $369K
0%
Growth & trend
Revenue growth (YoY)
This year $415K · Prior year $376K
+10%
Revenue CAGR
FY2020 $170K · FY2024 $415K
+25%
Net-asset trend (YoY)
End of year $349K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $415K · Expenses $369K
+11%
Liabilities-to-Assets
Total liabilities — · Total assets $357K
Net-asset ratio
Net assets $349K · Total assets $357K
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $357K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Michael B Williams · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $369K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $76K · Total expenses $369K
21%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 92%
Overhead ratio 8%
Fundraising cost ratio 0%
Revenue growth 10%
Accounting fee ratio 2%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 7 funders →
Grants paid · 19 grants · $962K · 2021–2024
Unitemized GrantFY2024$86,863
Unitemized GrantFY2024$73,270
Pivot Partners IncorporatedCA · FY2024$54,432
Unitemized GrantFY2024$15,250
Unitemized GrantFY2024$14,367
Unitemized GrantFY2024$11,605
Unitemized GrantFY2024$9,552
Unitemized GrantFY2024$1,588
Unitemized GrantFY2023$212,109
Pivot Partners IncorporatedCA · FY2023$77,491
Unitemized GrantFY2022$161,692
Pivot Partners IncorporatedCA · FY2022$21,164
Unitemized GrantFY2021$137,839
Unitemized GrantFY2021$61,666
Advance CampTX · FY2021$7,000
Forward Training CenterFY2021$6,000
Mission Granbury INCTX · FY2021$6,000
Unitemized GrantFY2021$2,131
See all 19 grants →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$415K revenue · viewing · ⤓ 990 PDF
FY2023$376K revenue · ⤓ 990 PDF
FY2022$292K revenue · ⤓ 990 PDF
FY2021$249K revenue · ⤓ 990 PDF
FY2020$170K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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