Hba Cares Inc
- Assets
- $238.3k
- Revenue
- $250.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Colorado Springs, CO
- Founding
- 01/2008
- Data as of
- 12/2021
- EIN
- 20-8717585
Organization Overview
Hba Cares Inc is located in Colorado Springs, CO. The organization was established in 2008. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hba Cares 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 12/2021, Hba Cares Inc generated $250.5k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 41.5% each year . All expenses for the organization totaled $238.5k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
CONNECTING COMMUNITY NEEDS TO THE SKILLS AND ABILITIES OF THE HOUSING AND BUILDING INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HBA CARES PARTNERS WITH OTHER NONPROFITS, ENGAGING IN INDUSTRY RESOURCES TO SUPPORT TRANSITIONAL AND ACCESSIBLE HOUSING AND OTHER COMMUNITY PROJECTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tiffany Canady President | OfficerTrustee | 5.63 | $0 |
Tim Toussaint President | OfficerTrustee | 0.1 | $0 |
Blake Green Vice President | OfficerTrustee | 1.41 | $0 |
Crystal Corbat Treasurer | OfficerTrustee | 1.73 | $0 |
Luke Bleichrodt Secretary | Trustee | 0.53 | $0 |
Daniel Apodaca Director Thru 03/21 | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $5,000 |
| Related organizations | $0 |
| Government grants | $20,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $51,774 |
| Noncash contributions included in lines 1a–1f | $1,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $76,774 |
| Total Program Service Revenue | $172,606 |
| Investment income | $490 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $621 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $250,491 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $6,000 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $788 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $32,618 |
| Advertising and promotion | $12,794 |
| Office expenses | $1,828 |
| Information technology | $1,756 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $224 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $238,495 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $115,189 |
| Savings and temporary cash investments | $123,084 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $238,273 |
| Accounts payable and accrued expenses | $0 |
| 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 | $8,678 |
| Total liabilities | $8,678 |
| Net assets without donor restrictions | $229,595 |
| 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 | $238,273 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Hba Cares Inc has recieved totaling $10,029.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: SUPPORT | $6,000 |
Carl W & Carrie Mae Joslyn Charitable Trust Chicago, IL PURPOSE: GENERAL | $4,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $29 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Zero Zero One Inc Wichita, KS | $296,480,303 | $56,363,793 |
Teammates For Kids Foundation Denver, CO | $83,190,071 | $4,700,598 |
David & Lezlie Hudiburg Family Fdn Foundation Oklahoma City, OK | $0 | $1,762 |
No Stone Unturned Foundation Manhattan, KS | $1,585,423 | $2,930,431 |
Advantage Services Inc Salt Lake City, UT | $843,736 | $2,788,376 |
Indygive Colorado Springs, CO | $121,334 | $1,846,981 |
Optometry Giving Sight Golden, CO | $2,784,890 | $1,767,795 |
David S And Norma R Lewis Foundation Tucson, AZ | $3,952,273 | $380,765 |
Colorado Open Golf Foundation Denver, CO | $3,987,949 | $1,603,447 |
Hays Medical Center Foundation Hays, KS | $31,885,927 | $2,730,676 |
Ok Foundation Salt Lake City, UT | $4,818,165 | $645,498 |
Isa Foundation Gilbert, AZ | $705,543 | $701,098 |