Growing Hearts Of Africa Foundation
- Assets
- $32.1k
- Revenue
- $101.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Mendham, NJ
- Founding
- 06/2010
- Data as of
- 12/2023
- EIN
- 27-6203841
Organization Overview
Growing Hearts Of Africa Foundation is located in Mendham, NJ. The organization was established in 2010. 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. Growing Hearts Of Africa 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 12/2023, Growing Hearts Of Africa Foundation generated $101.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (7.9%) each year. All expenses for the organization totaled $131.3k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (4.4%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ilyssa Maisano Director | 0 | $0 | |
Jennifer Zairi Director | 0 | $0 | |
Lori Barer - Ingber Treasurer | 0 | $0 | |
Benjamin Maisano Trustee | 0 | $0 | |
Michael Ingber Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $100,799 |
| Interest on Savings | $37 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $937 |
| Capital Gain Net Income | $937 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $101,773 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $44,396 |
| Total operating and administrative expenses | $44,396 |
| Contributions, gifts, grants paid | $86,914 |
| Total expenses and disbursements | $131,310 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $32,052 |
| 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 | $0 |
| Total assets | $32,052 |
| 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 |
Grants Awarded
Over the last fiscal year, Growing Hearts Of Africa Foundation has awarded $86,914 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
KAWMI SCHOOL PURPOSE: FOR SCHOOL DESKS | $10,475 |
PEOPLE'S INN INITIATIVE FOUNDATION PURPOSE: TEACHER HOUSES AND SCHOOL SUPPLIES IN ZAMBIA | $76,439 |