My Hero Project Inc
- Assets
- $1.1m
- Revenue
- $700.8k
- Investments
- $0.0
- Employees
- 14
- Location
- Laguna Beach, CA
- Founding
- 05/2002
- Data as of
- 06/2023
- EIN
- 10-0003021
Organization Overview
My Hero Project Inc is located in Laguna Beach, CA. The organization was established in 2002. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 06/2023, My Hero Project Inc employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. My Hero Project Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, My Hero Project Inc generated $700.8k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $472.8k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (4.7%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
EMPOWER PEOPLE AND USE MEDIA, ART AND TECHNOLOGY TO CELEBRATE THE BEST OF HUMANITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PRODUCES AND MAINTAINS AN EDUCATIONAL, COMMERCIAL-FREE INTERACTIVE WEB SITE THAT IS USED BY APPROXIMATELY 10 MILLION PARTICIPANTS FROM OVER 140 COUNTRIES ANNUALLY. IT PROVIDES INSPIRATION AND PROMOTES CROSS-CULTURAL COMMUNICATION WITH TRUE STORIES OF HEROIC INDIVIDUALS FROM AROUND THE WORLD. THE WEBSITE IS A CHILD-FRIENDLY RESOURCE OF HOPE FOR EDUCATORS AND PEOPLE OF ALL AGES.THE PROGRAM'S PRIMARY GOALS ARE TO:1- EDUCATE AND INSPIRE BY HIGHLIGHTING HEROES AROUND THE WORLD;2- ENCOURAGE YOUNG PEOPLE TO IDENTIFY AND DEVELOP POSITIVE ROLE MODELS;3- BUILD PARTICIPANTS' COMMUNICATIONS AND TECHNOLOGY SKILLS4- FACILITATE BOTH INDEPENDENT AND COLLABORATIVE PROJECT-BASED LEARNING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeanne Meyers President & Executive Dire | OfficerTrustee | 40 | $36,000 |
Mark Cavanagh Secretary & Treasurer | OfficerTrustee | 5 | $0 |
Cynthia Costas Cohen Board Member | Trustee | 1 | $0 |
Eva Haller Board Member | Trustee | 3 | $0 |
Carolyn Hodge-West Board Member | Trustee | 1 | $0 |
Judith Zucker Anderson PHD Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $49,298 |
| All other contributions, gifts, grants, and similar amounts not included above | $636,241 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $685,539 |
| Total Program Service Revenue | $0 |
| Investment income | $15,222 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $700,761 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $72,000 |
| Compensation of current officers, directors, key employees. | $6,480 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $171,375 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $17,541 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $82,885 |
| Advertising and promotion | $6,320 |
| Office expenses | $2,862 |
| Information technology | $52,325 |
| Royalties | $0 |
| Occupancy | $4,380 |
| Travel | $214 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,290 |
| Interest | $73 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,017 |
| Insurance | $7,433 |
| All other expenses | $347 |
| Total functional expenses | $472,847 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $207,281 |
| Savings and temporary cash investments | $350,000 |
| Pledges and grants receivable | $568,964 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $2,782 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,200 |
| Total assets | $1,130,227 |
| Accounts payable and accrued expenses | $22,054 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $22,054 |
| Net assets without donor restrictions | $1,108,173 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,130,227 |