Hosanna FY2021 filing

Tax-deductible

Albuquerque, NM501(c)(3)Since 1973ReligionEIN 85-0223225Revenue $25.8M in FY2021

On file with the IRSfaithcomesbyhearing.com2421 Aztec Rd Ne, 87107-4224 · Albuquerque, NMTax-exempt since Aug 1973Publicly supported charity — 170(b)(1)(A)(vi)

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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.

501(c)(3) charity; gifts are tax-deductible.
88¢ of each $1 spent went to programs.
$818K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $4.2M a year · 12% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
88%
of spending
Looks good: 88% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$818K
to officers and key staff · 4% of spending
Looks good: pay to officers and key staff is 4% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
15 mo
of spending, in cash
Looks good: 15.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $3.0M
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$3.1M
5% of total assets
Looks good: liabilities are 5% of assets; 50% or less.
Pt X · Ln 26
Independent board members
10
of 13 voting members
Looks good: 10 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$25.8M
Spent
$18.2M
To programs
88%
Net assets
$59.9M
By yearFY2021–FY2025
Revenue
$25.8M
FY2021
Tap a bar for its year
Revenue by fiscal year
FY2021$25.8M
FY2022$27.5M
FY2023$29.2M
FY2024$41.5M
FY2024$46.3M
FY2025$56.5M
Expenses
$18.2M
FY2021
Tap a bar for its year
Expenses by fiscal year
FY2021$18.2M
FY2022$24.4M
FY2023$28.8M
FY2024$34.2M
FY2024$39.7M
FY2025$53.9M
Net assets
$59.9M
FY2021
Tap a bar for its year
Net assets by fiscal year
FY2021$59.9M
FY2022$63.0M
FY2023$63.4M
FY2024$70.7M
FY2024$77.3M
FY2025$77.9M

From the FY2021 Form 990 (year ending March 2021) · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Aug 1973.

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

Where the money goes

88 cents of each dollar spent went to programs.

Program services 88% · $16.1M Management & general 5% · $984K Fundraising 6% · $1.1M

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

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Who runs it and what they're paid

18 people listed on the 990; $818K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$130,182Pt VII · Sec A
Chief Financial Officer
$109,914Pt VII · Sec A
VP -Operations
$109,104Pt VII · Sec A
VP - Donor Engagement
$103,270Pt VII · Sec A
VP -Development
$101,885Pt VII · Sec A
VP -Language Recording
$97,110Pt VII · Sec A
$91,844Pt VII · Sec A
Communications Manager
$74,668Pt VII · Sec A

Morgan Jackson’s $162K as Senior VP is at the 30th percentile of top reported officer pay among 224 $10–100M religion nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2024FY2023FY2022FY2021
Morgan Jackson$162,216$158,799$152,033$151,859$133,682$130,182
Melvin Morris$133,526$144,274$120,412$119,891$109,914$109,914
Susan Olguin$132,725$128,246$121,870$119,707$106,600$103,270
Clay Jackson$129,822$125,714$121,063$126,371$110,314$109,104
Tory Harper———$118,526$105,271$101,885
Gerald Jackson$116,034$109,511$104,616$103,751$93,159$91,844
Dave Parton$114,744$89,350————
Jonathan Huguenin——$113,251$109,843$97,858$97,110

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

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

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Translates and distributes the Bible in all languages.

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Provided by the organization

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3 programs · $16.1M · in their own filed words · FY2020
01

Faith comes by hearing (FCBH) bible engagement programs worldwide: during the year ended march 31, 2020, hosanna began 93,758 new listening projects in over 80 countries, with approximately 8,438,220 new listeners hearing the entire new testament in their indigenous language.

$14.8Mprogram expense
02

Fcbh New Testament Recordings

During the year ended march 31, 2020, 127 audio recordings were completed with 89 new languages, bringing the total number of languages with a complete audio new testament to 1,355 languages spoken in 190 countries by over 6.5 billion people.

$1.4Mprogram expense
03

Deaf Bible Society Grants

In many cultures the deaf are ostracized, hidden away, denied access to school, and difficult to reach. Less than one-fifth of all deaf people in poor nations receive any education. Even for those who can read, written text is a second language. Their heart language is sign language.

$10Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 3 funders$3.0M
See all 3 funders →
Grants paid · 5 grants · $46K · 2020–2025
Deaf Bible Society INCTX · FY2025$11,726
Deaf Bible Society INCTX · FY2024$5,485
Deaf Bible Society INCTX · FY2022$7,180
Deaf Bible Society INCTX · FY2021$11,025
Deaf Bible Society INCTX · FY2020$10,300

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$25.8M
Ln 12
Gifts and grantsLn 1h$25.7M
Other incomeLn 4–11$82K
Investment incomeLn 3$17K
Money outPt IX
$18.2M
Ln 25
Programscol B$16.1M
Managementcol C$984K
Fundraisingcol D$1.1M
Owns and owesPt X
$59.9M
net assets · Ln 32
Cash and savingsLn 1–2$22.9M
Total assetsLn 16$63.1M
LiabilitiesLn 26$3.1M
PeoplePt VI, VII
18
listed · VII A
PaidVII A8
Voting boardVI 1a13
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$25.7M
Noncash giftsLn 1g$2.4M
Investment incomeLn 3$17K
Other incomeLn 4–11$82K
Gains on assetsLn 7$3K
Total revenueLn 12$25.8M
Assets in detailPt X, end of year
CashLn 1$19K
SavingsLn 2$22.8M
Cash and savings togetherLn 1–2$22.9M
Land, buildings, equipmentLn 10c$1.7M
Other assetsLn 15$34.4M
Total assetsLn 16$63.1M
LiabilitiesLn 26$3.1M
Net assetsLn 32$59.9M
OperationsPt I, VI
EmployeesI 5174
VolunteersI 612
Fiscal year endsHeaderMarch
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$18.6M$22.9M
Land, buildings, equipmentLn 10c$1.4M$1.7M
Total assetsLn 16$54.7M$63.1M
LiabilitiesLn 26$2.3M$3.1M
Net assetsLn 32$52.4M$59.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$10K$10K
Grants and assistance to foreign recipientsLn 3$3.3M$3.3M
Pay of current officers, directors and key staffLn 5$939K$426K$199K$314K
Other salaries and wagesLn 7$5.8M$5.1M$396K$237K
Other employee benefitsLn 9$1.3M$1.1M$108K$101K
Payroll taxesLn 10$542K$431K$57K$55K
Legal feesLn 11b$26K$16K$5K$5K
Accounting feesLn 11c$12K$11K$689$750
Professional fundraising feesLn 11e$51K$51K
Other fees for servicesLn 11g$634K$520K$47K$67K
Advertising and promotionLn 12$359K$156K$26K$177K
Office expensesLn 13$4K$3K$952
OccupancyLn 16$485K$430K$41K$14K
TravelLn 17$263K$188K$44K$31K
Conferences, conventions and meetingsLn 19$13K$6K$844$6K
InterestLn 20$440$388$25$27
Depreciation, depletion and amortizationLn 22$2.7M$2.6M$20K$12K
InsuranceLn 23$25K$22K$1K$2K
Other expenses (24a–d)Ln 24$1.8M$1.8M$34K$26K
All other expensesLn 24e$48K$24K$4K$21K
Total functional expensesLn 25$18.2M$16.1M$984K$1.1M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $56.5M$53.9M$2.6M$77.9M 990 PDF
FY2024 $41.5M$34.2M$7.3M$70.7M 990 PDF
FY2023 $29.2M$28.8M$387K$63.4M 990 PDF
FY2022 $27.5M$24.4M$3.1M$63.0M 990 PDF
FY2021 Viewing $25.8M$18.2M$7.6M$59.9M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $25,796,842 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $29,899,616$25,697,440
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $73,303$17,068
I-11 Other revenuePrior year −$512,451$82,334
I-12 Total revenuePrior year $29,460,468$25,796,842
I-13 Grants and similar amounts paidPrior year $4,252,654$3,323,900
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $8,241,466$8,501,870
I-16a Professional fundraising feesPrior year $55,146$51,270
I-17 Other expensesPrior year $7,220,661$6,360,454
I-18 Total expensesPrior year $19,769,927$18,237,494
I-19 Revenue less expensesPrior year $9,690,541$7,559,348
Part VI · Governance 10 of 13 board members independent, 1 to look at
VI-1a Voting members of the governing body13
VI-1b Independent voting members10
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $25,796,842 across 9 lines filed
Lines not itemized here account for $11,980 of total revenue; see the IRS return.
VIII-1a Federated campaigns$18,209
VIII-1f All other contributions, gifts and grants$25,679,231
VIII-1g Noncash contributions (included above)$2,360,230
VIII-1h Total contributions, gifts and grants$25,697,440
VIII-3 Investment incomeExcluded from tax $13,578$13,578
VIII-5 RoyaltiesExcluded from tax $28$28
VIII-7 Net gain or loss on sales of assetsExcluded from tax $3,490$3,490
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $70,326$70,326
VIII-12 Total revenueRelated to mission $82,306 · Unrelated business $0 · Excluded from tax $17,096$25,796,842
Part IX · Statement of functional expenses $18,237,494 across 20 lines filed
IX-1 Grants to domestic organizationsPrograms $10,300$10,300
IX-3 Grants and assistance to foreign recipientsPrograms $3,313,600$3,313,600
IX-5 Pay of current officers, directors and key staffPrograms $426,318 · Management $198,918 · Fundraising $313,730$938,966
IX-7 Other salaries and wagesPrograms $5,127,378 · Management $396,086 · Fundraising $236,922$5,760,386
IX-9 Other employee benefitsPrograms $1,051,288 · Management $108,197 · Fundraising $100,669$1,260,154
IX-10 Payroll taxesPrograms $430,707 · Management $56,808 · Fundraising $54,849$542,364
IX-11b Legal feesPrograms $15,778 · Management $4,750 · Fundraising $5,067$25,595
IX-11c Accounting feesPrograms $10,679 · Management $689 · Fundraising $750$12,118
IX-11e Professional fundraising feesFundraising $51,270$51,270
IX-11g Other fees for servicesPrograms $519,782 · Management $47,083 · Fundraising $67,170$634,035
IX-12 Advertising and promotionPrograms $155,728 · Management $25,757 · Fundraising $177,227$358,712
IX-13 Office expensesPrograms $3,309 · Management $952$4,261
IX-16 OccupancyPrograms $430,293 · Management $41,090 · Fundraising $13,749$485,132
IX-17 TravelPrograms $188,060 · Management $43,621 · Fundraising $31,286$262,967
IX-19 Conferences, conventions and meetingsPrograms $6,357 · Management $844 · Fundraising $6,056$13,257
IX-20 InterestPrograms $388 · Management $25 · Fundraising $27$440
IX-22 Depreciation, depletion and amortizationPrograms $2,647,134 · Management $19,883 · Fundraising $11,686$2,678,703
IX-23 InsurancePrograms $21,856 · Management $1,386 · Fundraising $1,510$24,752
IX-24 Other expenses (24a–d)Programs $1,752,240 · Management $34,160 · Fundraising $25,700$1,812,100
IX-24e All other expensesPrograms $23,944 · Management $3,742 · Fundraising $20,696$48,382
IX-25 Total functional expensesPrograms $16,135,139 · Management $983,991 · Fundraising $1,118,364$18,237,494
Part X · Balance sheet $63,062,392 assets, 16 lines filed
X-1 Cash, non-interest-bearingStart of year $24,170$18,616
X-2 Savings and temporary cash investmentsStart of year $18,586,108$22,845,808
X-3 Pledges and grants receivableStart of year $156,288$209,437
X-4 Accounts receivableStart of year $3,074$0
X-8 Inventories for sale or useStart of year $1,937,519$3,584,499
X-9 Prepaid expenses and deferred chargesStart of year $344,332$341,334
X-10c Land, buildings and equipment, netStart of year $1,422,413$1,670,447
X-15 Other assetsStart of year $32,225,964$34,392,251
X-16 Total assetsStart of year $54,699,868$63,062,392
X-17 Accounts payable and accrued expensesStart of year $2,337,443$1,322,811
X-25 Other liabilitiesStart of year $0$1,817,808
X-26 Total liabilitiesStart of year $2,337,443$3,140,619
X-27 Net assets without donor restrictionsStart of year $41,030,243$43,055,227
X-28 Net assets with donor restrictionsStart of year $11,332,182$16,866,546
X-32 Total net assets or fund balancesStart of year $52,362,425$59,921,773
X-33 Total liabilities and net assetsStart of year $54,699,868$63,062,392
Part XI · Reconciliation of net assets $59,921,773 net assets at year end
XI-1 Total revenue$25,796,842
XI-2 Total expenses$18,237,494
XI-3 Revenue less expenses$7,559,348
XI-4 Net assets at start of year$52,362,425
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$59,921,773

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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