Hasson Lifestreams Foundation
- Assets
- $8.5m
- Revenue
- $5.8m
- Investments
- $7.4m
- Employees
- 0
- Location
- San Diego, CA
- Founding
- 01/2009
- Data as of
- 12/2021
- EIN
- 26-0746655
Organization Overview
Hasson Lifestreams Foundation is located in San Diego, CA. The organization was established in 2009. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hasson Lifestreams Foundation 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, Hasson Lifestreams Foundation generated $5.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 52.3% each year . All expenses for the organization totaled $945.6k during the year ending 12/2021. While expenses have increased by 22.0% per year over the past 7 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.
Since 2020, Hasson Lifestreams Foundation has awarded 46 individual grants totaling $1,918,871. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lauren Hamilton Hasson President | 40 | $6,000 | |
Robert Hasson Secretary/treasurer | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,567,394 |
| Interest on Savings | $184 |
| Dividends & Interest | $21,765 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,028,772 |
| Capital Gain Net Income | $1,028,772 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | -$60,020 |
| Other Income | $205,385 |
| Total Revenue | $5,763,480 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $6,000 |
| Other employee salaries and wages | $13,000 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $22,057 |
| Depreciation | $1,751 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $89 |
| Other expenses | $158,419 |
| Total operating and administrative expenses | $255,581 |
| Contributions, gifts, grants paid | $690,058 |
| Total expenses and disbursements | $945,639 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,086,776 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $4,157 |
| Prepaid expenses and deferred charges | $9,150 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $4,378 |
| Other assets | $0 |
| Total assets | $8,513,386 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $68,242 |
| Total liabilities | $68,242 |
Grants Awarded
Over the last fiscal year, Hasson Lifestreams Foundation has awarded $690,058 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
THE MISSION - RDSN PURPOSE: GENERAL DONATION | $125,000 |
BOLZ MINISTRIES PURPOSE: GENERAL DONATION | $110,000 |
El Dorado Hills, CA PURPOSE: GENERAL DONATION | $100,000 |
Rancho Santa Fe, CA PURPOSE: GENERAL DONATION | $60,000 |
JESUS CULTURE PURPOSE: GENERAL DONATION | $50,000 |
BETHEL CONSERVATORY OF THE ARTS PURPOSE: GENERAL DONATION | $30,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Turning Point For God Lakeside, CA | $55,591,424 | $109,738,214 |
Family Resource & Referral Center Of San Joaquin Stockton, CA | $22,143,375 | $58,140,912 |
Yellow Chair Foundation San Francisco, CA | $899,830,560 | $147,461,050 |
St Vincent De Paul Village Inc San Diego, CA | $50,446,763 | $60,152,162 |
Frontiers Usa Phoenix, AZ | $21,110,620 | $36,556,098 |
Open Doors With Brother Andrew Inc Santa Ana, CA | $12,195,285 | $33,559,571 |
Cityteam Ministries San Jose, CA | $57,357,554 | $43,092,381 |
Joni And Friends Agoura Hills, CA | $42,271,581 | $29,467,878 |
Catholic Community Foundation Of Los Angeles Los Angeles, CA | $298,852,432 | $83,411,965 |
Amazing Facts International Granite Bay, CA | $89,775,280 | $35,047,793 |
Kingdom Causes Long Beach, CA | $4,022,983 | $21,219,613 |
Youth With A Mission San Diego-Baja Chula Vista, CA | $22,048,486 | $17,148,909 |