Heart Of America Patriot Foundation
- Assets
- $130.4k
- Revenue
- $552.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Overland Park, KS
- Founding
- 09/2012
- Data as of
- 12/2022
- EIN
- 45-4785558
Organization Overview
Heart Of America Patriot Foundation is located in Overland Park, KS. The organization was established in 2012. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Heart Of America Patriot Foundation 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 12/2022, Heart Of America Patriot Foundation generated $552.4k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 70.7% each year . All expenses for the organization totaled $507.1k during the year ending 12/2022. While expenses have increased by 47.9% per year over the past 3 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO HONOR VETERANS AND EDUCATE THEIR LEGACY. WE DO SO BY RAISING MONEY FOR DEA-QUALIFIED STUDENTS AND THEN CONTRIBUTING IT TO POST-SECONDARY INSTITUTIONS THAT AGREE TO MATCH OUR DONATION, ADMINISTER THE SCHOLARSHIP PROGRAM, AND REPORT BACK TO US ANNUALLY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS PROVIDED TO EDUCATIONAL INSTITUTIONS. $500,000 DISTRIBUTED TO POST-SECONDARY INSTITUTIONS, AND 173 SCHOLARSHIPS PROVIDED.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alan R Gorthy President | OfficerTrustee | 25 | $0 |
David W Cornell Secretary/treasurer | OfficerTrustee | 20 | $0 |
Gregory B Gardner Board Member | Trustee | 2 | $0 |
Jessica Ramirez Board Member | Trustee | 1 | $0 |
Stephen D Waldron Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $48,226 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $508,112 |
| Noncash contributions included in lines 1a–1f | $8,161 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $556,338 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$3,895 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $552,443 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $500,000 |
| 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 | $0 |
| Fees for services: Other | $217 |
| Advertising and promotion | $0 |
| Office expenses | $1,384 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $880 |
| 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 | $1,804 |
| All other expenses | $2,840 |
| Total functional expenses | $507,125 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $130,421 |
| 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 | $130,421 |
| Accounts payable and accrued expenses | $70,000 |
| Grants payable | $0 |
| Deferred revenue | $1,500 |
| 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 | $71,500 |
| Net assets without donor restrictions | $58,921 |
| 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 | $130,421 |
Grants Awarded
Over the last fiscal year, Heart Of America Patriot Foundation has awarded $277,500 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
MORANDUMS OF UNDERSTANDING IN PROCE | | | $90,000 |
IOWA STATE UNIVERSITY | | | $35,000 |
PARK UNIVERSITY | | | $30,000 |
JOHNSON COUNTY COMMUNITY COLLEGE | | | $28,000 |
METROPOLITAN COMMUNITY COLLEGE | | | $25,000 |
UNIVERSITY OF KANSAS | | | $25,000 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Heart Of America Patriot Foundation has recieved totaling $147,500.
| Awarding Organization | Amount |
|---|---|
Johnny Mac Soldiers Fund Inc Ashburn, VA PURPOSE: CHARITY | $100,000 |
Anchorage Foundation Of Texas Houston, TX PURPOSE: GENERAL SUPPORT | $25,000 |
Veterans United Foundation Columbia, MO PURPOSE: DEA SCHOLARSHIP PROGRAM | $15,000 |
Douglas County Community Foundation Lawrence, KS PURPOSE: GENERAL SUPPORT | $7,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Zero Zero One Inc Wichita, KS | $296,480,303 | $56,363,793 |
William R Orthwein Jr And Laura Rand Orthwein Foundation Inc St Louis, MO | $73,594,056 | $14,006,042 |
Teammates For Kids Foundation Denver, CO | $83,190,071 | $4,700,598 |
David & Lezlie Hudiburg Family Fdn Foundation Oklahoma City, OK | $0 | $1,762 |
Royals Charities Inc Kansas City, MO | $948,636 | $2,777,032 |
No Stone Unturned Foundation Manhattan, KS | $1,585,423 | $2,930,431 |
Robert J Trulaske Jr Family Foundation St Louis, MO | $34,572,751 | $8,764,478 |
American Century Investments Foundation Kansas City, MO | $6,624,368 | $1,541,497 |
Community Foundation Of Central Missouri Columbia, MO | $15,327,593 | $3,386,734 |
Indygive Colorado Springs, CO | $121,334 | $1,846,981 |
William A Reed And Mary J Reed Charitable Family Foundation Kansas City, MO | $34,241,710 | $5,324,837 |
Optometry Giving Sight Golden, CO | $2,784,890 | $1,767,795 |