Team Luke Hope For Minds
- Assets
- $501.2k
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 3
- Location
- Lubbock, TX
- Founding
- 11/2011
- Data as of
- 12/2021
- EIN
- 32-0351208
Organization Overview
Team Luke Hope For Minds is located in Lubbock, TX. The organization was established in 2011. According to its NTEE Classification (G48) the organization is classified as: Brain Disorders, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 12/2021, Team Luke Hope For Minds employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Team Luke Hope For Minds 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, Team Luke Hope For Minds generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 26.8% each year . All expenses for the organization totaled $920.8k during the year ending 12/2021. While expenses have increased by 35.2% 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
WE EXIST TO ENRICH THE LIVES OF CHILDREN WITH A BRAIN INJURY AND GIVE HOPE TO THEIR FAMILIES THROUGH SUPPORT AND EDUCATION.
Describe the Organization's Program Activity:
TEAM LUKE HOPE FOR MINDS GRANTED FAMILIES THAT HAVE A CHILD WITH AN ACQUIRED BRAIN INJURY FINANCIAL ASSISTANCE FOR THERAPIES/TREATMENTS, DURABLE MEDICAL EQUIPMENT, ADAPTIVE TOYS, ADA HOME MODIFICATIONS, AND LIVING EXPENSES. THE ORGANIZATION ALSO DISTRIBUTED CARE PACKAGES TO FAMILIES AND SUPPORT GROUPS, AND HAS COUNSELING ADVOCACY PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tim Siegel Exec Director | Officer | 40 | $92,664 |
Shawn Laquey President | OfficerTrustee | 2 | $0 |
Toni Burns Secretary | OfficerTrustee | 2 | $0 |
Kate Clarke Vice President | OfficerTrustee | 2 | $0 |
Jason Lowrance Treasurer | OfficerTrustee | 2 | $0 |
Dan Greathouse Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $273,704 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $866,603 |
| Noncash contributions included in lines 1a–1f | $64,334 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,140,307 |
| Total Program Service Revenue | $4,743 |
| Investment income | $260 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$51,742 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$6,663 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,086,905 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $25,000 |
| Grants and other assistance to domestic individuals. | $428,186 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $92,664 |
| Compensation of current officers, directors, key employees. | $9,266 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $79,500 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $58,812 |
| Payroll taxes | $13,171 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,111 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $25,857 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $88,704 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $14,719 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $24,797 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $31,242 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,780 |
| All other expenses | $0 |
| Total functional expenses | $920,789 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,149 |
| Savings and temporary cash investments | $481,625 |
| 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 | $10,545 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $6,857 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $501,176 |
| 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 | $501,176 |
| 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 | $501,176 |
Grants Awarded
Over the last fiscal year, Team Luke Hope For Minds has awarded $50,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Lubbock, TX PURPOSE: Lokomat | $25,000 |
Austin, TX PURPOSE: Lokomat | $25,000 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Team Luke Hope For Minds has recieved totaling $32,164.
| Awarding Organization | Amount |
|---|---|
Comerica Charitable Tr Detroit, MI PURPOSE: FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES | $15,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $8,150 |
Community Foundation Of West Texas Lubbock, TX PURPOSE: CHILDREN'S NEEDS AND THERAPY | $7,500 |
The@justin Gimelstob Childrens Fund Roseland, NJ PURPOSE: CHARITABLE DONATION - CASH | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $514 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nami St Tammany Mandeville, LA | $900,968 | $1,372,376 |
Austin Speech Labs Inc Austin, TX | $2,203,156 | $1,341,136 |
Team Luke Hope For Minds Lubbock, TX | $501,176 | $1,086,905 |
Institute Of Mental Hygene Of The City Of New Orleans New Orleans, LA | $0 | $2,360,862 |
Gus & Ethel Wolters Foundation In Memory Of W E Wolter & Anna B San Antonio, TX | $8,102,662 | $704,728 |
Brain Injury Network Of Dallas Plano, TX | $186,300 | $643,114 |
Alligator Head Club Seadrift, TX | $297,722 | $430,603 |
New Caney Horizons Inc New Caney, TX | $612,918 | $249,942 |
Light Up To Live Inc Dallas, TX | $317,760 | $200,897 |
Brain Injury Association Louisiana Chapter Mandeville, LA | $244,900 | $213,949 |
Brain Injury Recovery Foundation Tulsa, OK | $84,664 | $99,987 |
Red River Valley Council For The Aid Of Persons With Mental Problem University Park, TX | $1,593,630 | $108,132 |