2015-12-11T12:19:58-08:00 2015-06-30 JAMES WATERMAN CPA 185 CENTRE ST DANVERS MA 019234512 990 2014-07-01 392067502 MANY HOPES INC MANY 5083887788 67 TROTTING PARK ROAD EAST FALMOUTH MA 02536 KATHY TUNSLEY TREASURER 2015-12-11 true James W Waterman CPA P00291512 9787772426 X 2014 2016-03-07 17:11:31Z 1042867 false false X WWW.MANYHOPES.ORG X 2007 MA THE ORGANIZATION HOUSES AND EDUCATES ORPHANED AND ABANDONED CHILDREN IN KENYA. 6 6 1 125 0 765111 888679 0 3534 9377 160898 86875 929543 984931 655565 815987 0 37958 38992 0 64619 146595 130240 840118 985219 89425 -288 1148493 1342629 945 230000 1147548 1112629 THE ORGANIZATION HOUSES AND EDUCATES ORPHANED AND ABANDONED CHILDREN IN KENYA. false false 855328 815987 1042867 THE ORGANIZATION WAS FOUNDED TO HOUSE AND EDUCATE ORPHANED AND ABANDONED CHILDREN IN KENYA. GRANTS THIS YEAR WERE USED FOR BUILDING A SCHOOL FOR 900 CHILDREN. AND SUSTAINED A HOME FOR 55 GIRLS NEAR MOMBASA. PROVIDING FOOD, SHELTER AND EDUCATIONAL COSTS FOR THE MUDZINI KWETU CENTER TRUST. 855328 true true false false false false false false false false false false false false false true true false false false true true false false true false false false false false false false false false false false false false false false false true true false false false false false false false false true 0 0 false 1 true false false false false false false false false 0 false false false false false false false false false false X 6 6 false false false false false false false true true false true true true true true false false true false false false CA DC MA NY X X X KATHY TUNSLEY 5083887788 67 TROTTING PARK ROAD EAST FALMOUTH MA 025365642 DANIEL GRANT President 1.00 0.00 X 0 0 0 KATHY TUNSLEY TREASURER 7.00 0.00 X 0 0 0 SUE VERITY CLERK 4.00 0.00 X 0 0 0 PATRICK MURPHY Director 4.00 0.00 X 0 0 0 TRACY WEMETT Director 4.00 0.00 X 0 0 0 THOMAS KEOWN Director 40.00 0.00 X 0 0 0 JENNIFER HOPCROFT DIR OF OP & DEV 30.00 0.00 X 35616 0 0 35616 0 false false false 0 3635 885044 30521 888679 0 9377 9377 0 0 0 0 144811 57936 86875 86875 0 0 0 984931 9377 86875 0 0 815987 815987 0 35616 7123 21370 7123 0 0 0 0 3376 675 2026 675 0 0 6000 6000 0 0 0 0 8399 1300 7099 60152 7631 27090 25431 0 0 0 31445 23912 2152 5381 0 0 0 0 0 0 EVENTS 16748 16748 OUTSIDE CONTRACTOR SERVICES 7496 5334 2162 0 985219 855328 65272 64619 X 155482 201228 230231 475004 101500 10000 0 0 0 0 0 5844 0 0 655436 656397 0 0 0 0 1148493 1342629 945 230000 945 230000 X 1147548 1112629 1147548 1112629 1148493 1342629 X -288 -7131 -27500 X false true X true false X 706938 586464 850249 995406 1033490 4172547 0 0 706938 586464 850249 995406 1033490 4172547 0 4172547 2325 4886 3734 3534 9377 23856 0 0 4196403 0.99430 0.99560 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 1008236 -7131 -7131 1015367 -30436 -30436 984931 1043155 57936 57936 985219 985219 Part X : FIN48 Footnote Effective July 1, 2009 the Organization implemented the accounting guidance for uncertainty in income taxes using the provisions of ASC 740, Income Taxes. Using that guidance, tax positions initially needed to be recognized in the financial statements when it is more likely than not the position will be sustained upon examination by the tax authorities.The adoption of FASB ASC 740 did not have a material impact on the Organization's financial statements. The Organization has concluded that there are no significant uncertain tax positions requiring disclosure, and there are no material amounts of unrecognized tax benefits. Part XII, Line 2d: Other expenses and losses per audited F/S 990, PART VIII LINE 8B REDUCTION $57936 true KENYA 0 0 GRANTS ORPHANAGE AND SCHOOL 765987 UNITED KINGDOM 0 0 GRANTS SUPPORT 50000 815987 815987 ORPHANAGE 765987 WIRE TRANSFE N/A N/A SUPPORT 50000 CHECK N/A N/A 2 false false false false false false Part I, Line 2 - Grantmakers Explanation For Monitoring Use of Funds Outside US FUNDS ARE GRANTED TO RECOGNIZED CHARITIES OUTSIDE THE US SERVING THE NEEDS OF ORPHANED AND ABANDONED CHILDREN IN KENYA. FUNDS ARE GRANTED IN RESPONSE TO REQUESTS TO MEET SPECIFIC NEEDS IN LINE ITEMS IN PARTNERS' BUDGETS AGREED WITH MANY HOPES, INC. (MH) AT THE START OF EACH YEAR. MH REPRESENTATIVES VISIT PROJECTS AT LEAST ONCE EACH YEAR TO INPUT INTO THE SETTING OF THAT BUDGET AND REVIEW THE BUDGET FOR THE PREVIOUS YEAR. ALL RECEIPTS FOR PURCHASES MADE FOR BUILDING OR FOR RUNNING BUILDINGS CONSTRUCTED OR PROGRAMS IMPLEMENTED ARE KEPT BY A PROJECT ACCOUNTANT. AT THE END OF THE FINANCIAL YEAR AN INDEPENDENT AUDIT OF EXPENDITURE V GRANT MONIES RECEIVED BY PROJECTS IS CARRIED OUT BY AN EXTERNAL ACCOUNTANT, AND HARD AND SOFT COPIES OF THE AUDIT SENT TO MH. ADDITIONALLY THERE IS QUARTERLY REPORTING OF RUNNING COSTS SPECIFIC PROJECTS FUNDED BY MH. X X X X X false NY MA CA DC NEW YORK 144811 144811 36894 15261 2276 3505 144811 144811 36894 15261 2276 3505 57936 86875 X 2 27500 APPRAISAL X 2 3021 FMV 2 false true false Form 990, Part VI, Line 11b: Form 990 Review Process THE FORM 990 AND THE AUDITED FINANCIAL STATEMENTS WERE MADE AVAILABLE TO THE ENTIRE BOARD OF THE ORGANIZATION PRIOR TO THE DECEMBER 2015 BOARD MEETING. DURING THE BOARD MEETING ON DECEMBER 10, 2015 THE FORM 990 AND AUDITED FINANCIAL STATEMENTS WERE REVIEWED BY THE BOARD AND VOTED ON FOR APPROVAL. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available IN MASSACHUSETTS A COPY OF THE ORGANIZATION'S AUDITED FINANCIAL STATEMENTS AND FORM 990 ARE AVAILABLE AT THE MASSACHUSETTS SECRETARY OF STATE'S OFFICE AND ACCESSIBLE BY WEBSITE OR REQUEST. THE ORGANIZATION ALSO MAKES AVAILABLE THE FORM 990 TO ANY PERSON REQUESTING A COPY AND A COPY CAN BE FOUND ON THE ORGANIZATION'S WEBSITE. GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT MADE AVAILABLE TO THE PUBLIC. Other Changes In Net Assets Or Fund Balances - Other Decreases SCHEDULE M DONATION OF ARTWORK NOT RECORDED UNTIL SOLD = -$27500