Hearts Of Hope Foundation Inc is located in Port Charlotte, FL. The organization was established in 2006. According to its NTEE Classification (F60) the organization is classified as: Counseling, under the broad grouping of Mental Health & Crisis Intervention and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hearts Of Hope Foundation 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 12/2022, Hearts Of Hope Foundation Inc generated $80.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $105.1k during the year ending 12/2022. While expenses have increased by 2.8% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
A "PAY IT FORWARD" COMMUNITY SERVICE PROGRAM, HEARTS OF HOPE IS A NATIONWIDE GROUP OF VOLUNTEERS ORGANIZED TO CREATE AND DISTRIBUTE BEAUTIFUL KEEPSAKE HEARTS, WITH MESSAGE OF HOPE, TO PEOPLE IN NEED EVERYWHERE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Judith Pedersen President | 50 | $0 | |
Daniel Abut Vice President | 2 | $0 | |
Terry Becker Director | 2 | $0 | |
Diana Sarna Director | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $34,897 |
Total Program Service Revenue | $44,677 |
Membership dues | $0 |
Investment income | $564 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $80,138 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $58,568 |
Occupancy, rent, utilities, and maintenance | $207 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $46,296 |
Total expenses | $105,071 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $96,661 |
Other assets | $0 |
Total assets | $96,661 |
Total liabilities | $15,644 |
Net assets or fund balances | $81,017 |