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 12/2022, Team Luke Hope For Minds employed 5 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
990
Mission & Program ActivityExcerpts From the 990 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:
Part 3 - Line 4a
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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tim Siegel Exec Director | Officer | 40 | $89,150 |
Kate Clarke President | OfficerTrustee | 2 | $0 |
Toni Burns Vice President | OfficerTrustee | 2 | $0 |
Jason Bram Secretary | OfficerTrustee | 2 | $0 |
John Capezutti Treasurer | OfficerTrustee | 2 | $0 |
Hannah Cagle Director | Trustee | 1 | $0 |
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 |
Over the last fiscal year, Team Luke Hope For Minds has awarded $50,000 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
COVENANT HEALTH SYSTEM FDN PURPOSE: Lokomat | $25,000 |
PROJECT CHARLEY PURPOSE: Lokomat | $25,000 |