A Hole In The Roof Foundation
- Assets
- $248.8k
- Revenue
- $866.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Southfield, MI
- Founding
- 08/2010
- Data as of
- 12/2021
- EIN
- 27-0609504
Organization Overview
A Hole In The Roof Foundation 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. A Hole In The Roof 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, A Hole In The Roof Foundation generated $866.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.6% each year . All expenses for the organization totaled $706.0k during the year ending 12/2021. While expenses have increased by 8.2% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
HELPS FAITH GROUPS WHO CARE FOR THE HOMELESS REPAIR THE SPACES IN WHICH THEY CARRY OUT THEIR WORK
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.
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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 |
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 | $866,547 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $866,547 |
| 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 | $866,547 |
| 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 | $613,333 |
| 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 | $7,480 |
| Fees for services: Accounting | $1,005 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $12,848 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $65,820 |
| 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 | $705,986 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $202,519 |
| 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 | $12,400 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $33,875 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $248,794 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $248,794 |
| 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 | $248,794 |
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 |
|---|---|
WINGS OF MERCY EAST PURPOSE: SUPPORT FLIYING EMERGENCY FLIGHTS AROUND THE WORLD FOR MEDICAL PURPOSES. | $10,000 |
I AM MY BROTHER'S KEEPER MINISTRY PURPOSE: HELP SUPPORT MISSION OF CHURCH | $7,215 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that A Hole In The Roof Foundation has recieved totaling $71,825.
| Awarding Organization | Amount |
|---|---|
Raymond James Charitable Endowment Fund St Petersberg, FL PURPOSE: GENERAL SUPPORT | $35,500 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $26,625 |
June And Cecil Mcdole Foundation Bloomfield Hills, MI PURPOSE: GENERAL CHARITABLE PURPOSES | $7,500 |
Rochelle Rosenthal Forester Andrandolph L Forester Foundation Birmingham, MI PURPOSE: HAVE FAITH HAITI FUND | $2,000 |
Pfizer Foundation Inc New York, NY PURPOSE: MATCHING GIFTS | $200 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Indianapolis Neighborhood Housing Partnership Inc Indianapolis, IN | $66,108,731 | $12,013,592 |
Episcopal Retirement Services Cincinnati, OH | $26,931,140 | $9,263,844 |
S A Y Detroit Southfield, MI | $10,220,382 | $4,947,599 |
Lss Foundation Inc West Allis, WI | $32,868,828 | $1,061,850 |
Edward And Hannah M Rutledge Charities Inc Chippewa Falls, WI | $0 | $2,022,116 |
Wheda Foundation Inc Madison, WI | $1,008,183 | $1,000,000 |
Bhi Foundation Inc Indianapolis, IN | $8,620,000 | $696,583 |
A Hole In The Roof Foundation Southfield, MI | $248,794 | $866,547 |
Housing Action Coalition Of Waukesha County Inc Waukesha, WI | $1,671,468 | $1,634,041 |
West Haven Foundation For Retarded Westlake, OH | $13,195,410 | $1,006,389 |
Home Builders Association Of Greater Lansing Lansing, MI | $235,721 | $346,621 |
Community Catalysts Howell, MI | $3,798,672 | $148,391 |