Ryan Patrick Jones Heart Of A Hero Foundation Inc is located in Westminster, MA. The organization was established in 2008. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ryan Patrick Jones Heart Of A Hero 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, Ryan Patrick Jones Heart Of A Hero Foundation Inc generated $63.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.0% each year . All expenses for the organization totaled $36.5k during the year ending 12/2022. While expenses have increased by 9.6% 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 2016, Ryan Patrick Jones Heart Of A Hero Foundation Inc has awarded 228 individual grants totaling $155,838. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION WAS FUNDED IN 2008 WHICH WAS ITS FIRST YEAR OF ACTIVITY. THE FOUNDATION AWARDED 3 SCHOLARSHIPS IN 2020 TO STUDENTS AND MADE ____ GRANTS TO OTHER CHARITABLE ORGANIZATIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kevin Joans President | 1 | $0 | |
Elaine Jones Treasurer | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $450 |
Interest on Savings | $0 |
Dividends & Interest | $4,277 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $58,353 |
Capital Gain Net Income | $58,353 |
Net ST Capital Gain | $3,127 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $63,080 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $598 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $807 |
Total operating and administrative expenses | $3,305 |
Contributions, gifts, grants paid | $33,181 |
Total expenses and disbursements | $36,486 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $39,367 |
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 | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $500,000 |
Total assets | $539,367 |
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 | $0 |
Total liabilities | $0 |
Over the last fiscal year, Ryan Patrick Jones Heart Of A Hero Foundation Inc has awarded $33,181 in support to 43 organizations.
Grant Recipient | Amount |
---|---|
FRIENDS OF HUBBARDSTON SENIOR CENTE PURPOSE: FOOD FOR SENIORS | $1,050 |
ASHBURNHAM SENIOR CENTER PURPOSE: SENIOR NEEDS | $1,050 |
MONTY TECH HIGH SCHOOL PURPOSE: SCHOLARSHIPS | $5,000 |
FRIENDS OF THE FORBUSH MEMORIAL LIB PURPOSE: CHILDREN'S PROGRAMS | $5,000 |
MASS MILITARY FRIENDS PURPOSE: GOLD STAR PROGRAMS | $1,550 |
WESTMINSTER FOOD BANK PURPOSE: FOOD FOR NEEDY | $1,750 |