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    <Timestamp>2014-03-11T09:02:48-07:00</Timestamp>
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        <City>EAST FALMOUTH</City>
        <State>MA</State>
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        <CurrentTaxYearMinus1Year>4886</CurrentTaxYearMinus1Year>
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        <Identifier>Part X</Identifier>
        <ReturnReference>Part X : FIN48 Footnote</ReturnReference>
        <Explanation>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.</Explanation>
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        <Explanation>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 OHMH.</Explanation>
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      <GeneralExplanation>
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        <Explanation>THE FORM 990 AND THE AUDITED FINANCIAL STATEMENTS WERE MADE AVAILABLE TO THE ENTIRE BOARD OF THE ORGANIZATION PRIOR TO THE FEBRUARY 2014 BOARD MEETING. DURING THE BOARD MEETING IN FEBRUARY 2014 THE FORM 990 AND AUDITED FINANCIAL STATEMENTS WERE REVIEWED BY THE BOARD AND VOTED ON FOR APPROVAL.</Explanation>
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