Heartbound Ministries Inc
- Assets
- $528.8k
- Revenue
- $402.1k
- Investments
- $0.0
- Employees
- 3
- Location
- Atlanta, GA
- Founding
- 10/2003
- Data as of
- 12/2021
- EIN
- 37-1474501
Organization Overview
Heartbound Ministries Inc is located in Atlanta, GA. The organization was established in 2003. According to its NTEE Classification (I40) the organization is classified as: Rehabilitation Services for Offenders, under the broad grouping of Crime & Legal-Related and related organizations. As of 12/2021, Heartbound Ministries Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Heartbound Ministries 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 12/2021, Heartbound Ministries Inc generated $402.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $288.2k during the year ending 12/2021. While expenses have increased by 0.2% 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
PROVIDE PROGRAMS AND RESOURCES TO MEET THE NEEDS OF THE PRISON COMMUNITY - INMATES, THEIR FAMILIES, AND CORRECTIONAL STAFF - CHANGING THE CULTURE FROM ONE OF CRIME AND INCARCERATION TO HOPE AND RESTORATION.
Describe the Organization's Program Activity:
PRISON OUTREACH PROGRAM SUPPORTS AND PARTNERS WITH PRISON CHAPLAINS TO PROVIDE SPIRITUAL GUIDANCE, SUBSTANCE ABUSE COUNSELING, COGNITIVE CLASSES, LITERARY SERVICES, LIFE SKILLS TRAINING, PARENTING TRAINING AND OTHER REHABILITATIVE PROGRAMS FOR INMATES. WE SERVE APPROXIMATELY 55,000 ADULT AND JUVENILE OFFENDERS IN GEORGIA'S ADULT AND JUVENILE CORRECTIONAL FACILITIES.
PROJECT ART (ART TO REHABILITATE AND TEACH): USES ART LESSONS TO TEACH CHARACTER AND BUILD POSITIVE RELATIONSHIPS BETWEEN INCARCERATED YOUTH AND INSTRUCTORS WHO PROVIDE MENTORING AND SPIRITUAL GUIDANCE. AS YOUTH LEARN THE BENEFITS OF CHARACTER QUALITIES SUCH AS PATIENCE, INTEGRITY, COMPASSION AND SELF-CONTROL, THEY GAIN THE DESIRE TO STAY OUT OF PRISON AND LIVE A CRIME-FREE LIFE WHEN THEY RETURN TO THE COMMUNITY.
CHRISTMAS CARE BAG & INDIGENT HYGIENE PROGRAM - SOMETIMES THE BEST WAY TO REACH INMATES' HEARTS IS THROUGH MEETING THEIR PHYSICAL NEEDS. HEARTBOUND DONATES HYGIENE ITEMS FOR INDIGENT INMATES VIA THE CHAPLAINCY PROGRAM AND ORGANIZES CARE BAGS CONTAINING HYGIENE, SNACKS AND CHRISTIAN LITERATURE FOR DISTRIBUTION AT CHRISTMAS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrea Shelton President | OfficerTrustee | 40 | $30,000 |
Lucy Fugate Chair | OfficerTrustee | 1 | $0 |
Robin Boggs Director | Trustee | 0 | $0 |
Matt Crowe Director | Trustee | 0 | $0 |
Beth Reagan Director | Trustee | 0 | $0 |
Matt Rendle Director | Trustee | 1 | $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 | $399,879 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $399,879 |
| Total Program Service Revenue | $2,160 |
| Investment income | $50 |
| 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 | $402,089 |
| 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. | $30,000 |
| Compensation of current officers, directors, key employees. | $5,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $44,728 |
| Pension plan accruals and contributions | $455 |
| Other employee benefits | $0 |
| Payroll taxes | $5,828 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,352 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $111,846 |
| Advertising and promotion | $0 |
| Office expenses | $1,460 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,250 |
| Travel | $4,452 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,599 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,394 |
| All other expenses | $11,444 |
| Total functional expenses | $288,183 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $528,819 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $528,819 |
| 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 | $528,819 |
| 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 | $528,819 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Heartbound Ministries Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Gannett Foundations Inc Mclean, VA PURPOSE: CHARITABLE PURPOSE | $10,000 |
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Project Return Inc Nashville, TN | $5,303,107 | $6,857,195 |
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