Human Resources Development Fountaion Inc
- Assets
- $2.1m
- Revenue
- $40.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 07/2019
- Data as of
- 06/2021
- EIN
- 36-3452366
Organization Overview
Human Resources Development Fountaion Inc is located in Chicago, IL. The organization was established in 2019. According to its NTEE Classification (J99) the organization is classified as: Employment N.E.C., under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Human Resources Development Fountaion Inc 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 06/2021, Human Resources Development Fountaion Inc generated $40.8k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $17.0k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (23.2%) per year over the past 6 years. 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
SUPPORT PROGRAMS FOCUSED ON HEALTH & HUMAN SERVICES FOR HIGH RISK, UNDERSERVED COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDES SUPPORT PROGRAMS FOR MEN, WOMEN AND CHILDREN SERVED BY HRDI BY SUPPLYING CLIENTS WITH ADDITIONAL CARE AND ATTENTION NEEDED TO TAKE THE NEXT STEP, WHETHER IT BE MAINTAINING A DRUG FREE LIFESTYLE OR BECOMING REINTEGRATED INTO SOCIETY AFTER INCARCERATION. HRDI SPONSORS FUNDRAISING EVENTS, SUPPORTS ANNUAL AWARDS FOR COMMUNITY SERVICES, AND IS A SUCCESSFUL AMBASSADOR IN INTRODUCING PEOPLE TO HRDI PROGRAMS, CLIENTS AND GOALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sean Harden Director | Trustee | 0.2 | $0 |
Carlos Meyers Director | Trustee | 0.2 | $0 |
Arsheke Stevens Director | Trustee | 0.2 | $0 |
Joanne Glenn Director | Trustee | 0.2 | $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 | $245 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $245 |
| Total Program Service Revenue | $0 |
| Investment income | $40,492 |
| 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 | $40,837 |
| 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 | $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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $16,063 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $896 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $16,959 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,656 |
| Savings and temporary cash investments | $3,019 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,977,485 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $76,000 |
| Total assets | $2,060,160 |
| 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 | $73,052 |
| Total liabilities | $73,052 |
| Net assets without donor restrictions | $1,987,108 |
| 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 | $2,060,160 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Human Resources Development Fountaion Inc has recieved totaling $67,000.
| Awarding Organization | Amount |
|---|---|
Human Resources Development Institute Inc Chicago, IL PURPOSE: Program support | $67,000 |
Endowment Analysis
| Beg. Balance | $1,582,625 |
| Earnings | $410,923 |
| Admin Expense | $16,063 |
| Ending Balance | $1,977,485 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Central Region Workforce Investment Board Rolla, MO | $371,207 | $3,296,387 |
Connections To Success Inc Stcharles, MO | $974,853 | $2,864,448 |
United Association Of Journeymen & Apprentices Of The Plumbing & Pipe Lexington, KY | $2,032,711 | $1,802,752 |
Illinois League Of Financial Institutions Springfield, IL | $155,713 | $748,343 |
National Institute Of Pension Administrators Chicago, IL | $1,103,560 | $1,040,726 |
General Dynamics Employment Transition Benefit Plan Trust Chicago, IL | $24,490 | $676,369 |
Milwaukee Careers Cooperative Milwaukee, WI | $346,782 | $623,242 |
National Insurance Crime Training Academy Des Plaines, IL | $1,058,967 | $656,393 |
Skills Development Inc Hannibal, MO | $879,073 | $587,297 |
We Grow Dreams Inc West Chicago, IL | $652,718 | $335,151 |
Central Wisconsin Metal Manufacturers Alliance Inc Wausau, WI | $128,483 | $192,234 |
International Brotherhood Of Electrical Workers Wisconsin Rapids, WI | $446,818 | $0 |