We Are Cherished Inc
- Assets
- $181.4k
- Revenue
- $372.3k
- Investments
- $0.0
- Employees
- 11
- Location
- Southlake, TX
- Founding
- 03/2012
- Data as of
- 12/2021
- EIN
- 32-0348032
Organization Overview
We Are Cherished Inc, operating under the name Valiant Hearts, is located in Southlake, TX. The organization was established in 2012. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Valiant Hearts employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Valiant Hearts 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, Valiant Hearts generated $372.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $470.5k during the year ending 12/2021. While expenses have increased by 9.4% 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
THE DALLAS-FORT WORTH METROPLEX IS A MAJOR HUB FOR HUMAN TRAFFICKING. THE MOST VULNERABLE TO VICTIMIZATION ARE WOMEN WITH A HISTORY OF DOMESTIC ABUSE, DRUG DEPENDENCY, AND HOMELESSNESS. VALIANT HEARTS HAS BEEN WORKING TO HEAL, RESTORE, AND EMPOWER SEXUALLY EXPLOITED WOMEN THROUGH COMPASSIONATE AND CUSTOMIZED CARE SINCE 2011. OUR ORGANIZATION OFFERS HOLISTIC WRAP-AROUND SUPPORT TO WOMEN AGES 17 AND OLDER TO HELP BREAK THE CYCLE OF ABUSE, RESTORE SELF-SUFFICIENCY, AND INFUSE A RENEWED SENSE OF STRENGTH, DIGNITY AND WORTH. OUR SERVICES INCLUDE: HOUSING, ADVOCACY, SUPPORT GROUPS, COUNSELING, CASE MANAGEMENT, MENTORING, AND ECONOMIC EMPOWERMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CHERISHED HOUSING PROGRAM PROVIDES A SAFE SPACE OF HEALING TO WOMEN WHO ARE FLEEING THEIR TRAFFICKERS OR STRUGGLING TO REGAIN THEIR INDEPENDENCE. THE PROGRAM PROVIDES 30 DAYS OF FOOD, CLOTHING, LICENSED PROFESSIONAL COUNSELING, AND ENRICHMENT CLASSES TO GUIDE THE WOMEN FROM CRISIS MODE TO STABILIZATION. THE STAFF PROVIDES 24/7 TRAUMA-INFORMED CARE TO PROMOTE EMOTIONAL REGULATION WITH LONG-TERM PLACEMENT AS THE GOAL. WE PROVIDE SAFE SHELTER FOR WOMEN AND MANY WERE SUCCESSFULLY PLACED IN A RESOTRATION HOME. OUR GOAL IS TO ANNUALLY ASSIST 36 WOMEN ACHIEVE EMOTIONAL STABILITY AND GAIN LIFE SKILLS NEEDED TO SUCCESSFULLY TRANSITION INTO A LONG-TERM RESTORATION HOUSING PROGRAM.
COMPREHENSIVELY, OUR ORGANIZATION SERVED A NUMBER OF WOMEN VIA CASE MANAGEMENT,COUNSELING, SUPPORT GROUPS, AND MENTORING. WE HAVE PROVIDED FUNDS TO ASSIST SURVIVORS WITH RENT, UTILITIES, MORTGAGE PAYMENTS, TUITION PAYMENTS, FOOD AND BASIC NEEDS CARE PACKAGES. ADDITIONALLY, WE CONTRACTED WITH TWO SURVIVOR OWEND BUSINESSES CONTRIBUTING TO THEIR ECONOMIC STABILITY AND FREEDOM.
DURING THE PANDEMIC, OUR FACE TO FACE SERVICES WERE LIMITED AND WE UTILIZED CREATIVE OUTREACH METHODS AND COMMUNITY PARTNERS TO REACH THE WOMEN. OUTREACH MINISTRIES HAVE BEGUN TO REENGAGE AND MANY WERE REACHED AND PROVIDED WITH PRINTED MATERIALS AND GIFTS.
OTHER PROGRAMS INCLUDE MINISTRY AWARENESS, STAFF SALARIES, STAFF AND VOLUNTEER TRAINING
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda Braddy Chairman | OfficerTrustee | 4 | $0 |
Da'shonda Parks Acting Execu | OfficerTrustee | 40 | $0 |
Janet Lovrien Executive Di | Officer | 40 | $0 |
Carol Montgomery Board Member | Trustee | 2 | $0 |
James Phillips Board Member | Trustee | 2 | $0 |
Jordan Hora Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $70,255 |
| Related organizations | $0 |
| Government grants | $127,080 |
| All other contributions, gifts, grants, and similar amounts not included above | $180,799 |
| Noncash contributions included in lines 1a–1f | $4,290 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $378,134 |
| Total Program Service Revenue | $0 |
| Investment income | $66 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$7,843 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $372,281 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,200 |
| Grants and other assistance to domestic individuals. | $20,020 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| 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 | $283,106 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $22,267 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $37,419 |
| Advertising and promotion | $8,735 |
| Office expenses | $2,017 |
| Information technology | $10,117 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $3,355 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $13,657 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,868 |
| Insurance | $4,388 |
| All other expenses | $0 |
| Total functional expenses | $470,483 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $171,466 |
| 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 | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,469 |
| Net Land, buildings, and equipment | $2,361 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,144 |
| Total assets | $181,440 |
| Accounts payable and accrued expenses | $8,191 |
| 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 | $8,191 |
| Net assets without donor restrictions | $173,249 |
| 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 | $181,440 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that We Are Cherished Inc has recieved totaling $19,661.
| Awarding Organization | Amount |
|---|---|
Jensen Project Inc Dallas, TX PURPOSE: TO ASSIST WOMEN EXPLOITED BY THE SEX TRADE INDUSTRY BY ENCOURAGING AND EMPOWERING THEM TO DEVELOP NEW SKILLS AND LIVE RESTORED LIVES. | $10,000 |
Communities Foundation Of Texas Dallas, TX PURPOSE: THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT. | $9,661 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Trinity Christian Center Of Santa Ana Inc Fort Worth, TX | $220,989,355 | $120,975,345 |
Central Missionary Clearinghouse Inc Houston, TX | $6,419,067 | $44,656,736 |
Parish Episcopal School Dallas, TX | $99,531,938 | $38,441,453 |
Omega Charitable Developers Inc Houston, TX | $6,275,678 | $33,763,984 |
Rightnow Ministries International McKinney, TX | $45,408,215 | $33,884,225 |
Newman International Academy Arlington, TX | $46,580,877 | $32,428,105 |
Pine Cove Inc Tyler, TX | $43,410,564 | $33,919,246 |
Interfaith Ministries For Greater Houston Houston, TX | $17,611,753 | $29,868,273 |
Bible Study Fellowship San Antonio, TX | $20,886,435 | $27,831,196 |
Hosanna Albuquerque, NM | $66,066,591 | $27,487,086 |
Apartment Life Inc Bedford, TX | $5,807,926 | $23,558,847 |
Liberty Educational Ministries Inc Argyle, TX | $56,879,806 | $25,424,585 |