A Hole In The Roof Foundation
- Assets
- $159.7k
- Revenue
- $945.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Southfield, MI
- Founding
- 08/2010
- Data as of
- 12/2022
- EIN
- 27-0609504
Organization Overview
A Hole In The Roof Foundation, operating under the name Have Faith Haiti, is located in Southfield, MI. The organization was established in 2010. According to its NTEE Classification (L12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Housing & Shelter and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Have Faith Haiti 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, Have Faith Haiti generated $945.1k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 14.7% each year . All expenses for the organization totaled $1.1m during the year ending 12/2022. While expenses have increased by 13.6% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SAFETY, NOURISHMENT, EDUCATION, AND OPPORTUNITY FOR HAITI'S IMPOVERISHED CHILDREN AND ORPHANS AND STABILITY FOR STAFF AND THEIR FAMILIES IN PORT-AU-PRINCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE A SAFE, NURTURING ENVIRONMENT FOR HAITIAN CHILDREN WHO DO NOT HAVE ONE. CHILDREN ARE TO BE CARED FOR MEDICALLY, NUTRITIONALLY, EDUCATIONALLY, AND SPIRITUALLY. THEY ARE TO BE TAUGHT IN BOTH FRENCH AND ENGLISH, WITH GOAL OF ACHIEVING AT LEAST A HIGH SCHOOL DIPLOMA. CHRISTIAN PRAYER AND GUIDELINES ARE A PART OF THEIR DAILY LIFE, AS IS A SENSE OF GIVING BACK TO THE MISSION THROUGH WORK AND RESPONSIBLITY.
TO PROVIDE POST-SECONDARY SCHOLARSHIPS TO HAITIAN ORPHANAGE GRADUATES TO ATTEND SCHOOL IN THE UNITED STATES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mitch Albom President | OfficerTrustee | 4 | $0 |
Dr Chad Audi Treasurer | OfficerTrustee | 10 | $0 |
Janine Sabino Secretary | OfficerTrustee | 1 | $0 |
Mark Mendelsohn CFO | Officer | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $945,051 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $945,051 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $945,051 |
| 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 | $86,513 |
| 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 | $1,500 |
| Fees for services: Accounting | $650 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,600 |
| Advertising and promotion | $0 |
| Office expenses | $13,073 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $74,605 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,500 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,131,806 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $122,497 |
| Savings and temporary cash investments | $0 |
| 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 | $8,800 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $28,375 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $159,672 |
| Accounts payable and accrued expenses | $32,289 |
| 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 | $66,264 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $98,553 |
| Net assets without donor restrictions | $61,119 |
| 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 | $159,672 |
Grants Awarded
Over the last fiscal year, A Hole In The Roof Foundation has awarded $17,215 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
I AM MY BROTHER'S KEEPER MINISTRY PURPOSE: HELP SUPPORT MISSION OF CHURCH | $7,215 |
WINGS OF MERCY EAST PURPOSE: SUPPORT FLIYING EMERGENCY FLIGHTS AROUND THE WORLD FOR MEDICAL PURPOSES. | $10,000 |