Hba Charitable Foundation
- Assets
- $492.4k
- Revenue
- $140.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Tulsa, OK
- Founding
- 01/2014
- Data as of
- 12/2022
- EIN
- 45-5302161
Organization Overview
Hba Charitable Foundation is located in Tulsa, OK. The organization was established in 2014. According to its NTEE Classification (P30) the organization is classified as: Children & Youth Services, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hba Charitable 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, Hba Charitable Foundation generated $140.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $285.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Hba Charitable Foundation has awarded 19 individual grants totaling $464,235. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT LOCAL CHARITIES AND OTHER EFFORTS IN FURTHERANCE OF HOUSING AND SHELTER RELATED ISSUES. ADDITIONALLY, THE FOUNDATION PROMOTES AND SUPPORTS SCHOLARSHIPS AND OTHER EDUCATION EFFORTS RELATED TO THE CONSTRUCTION INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BUILD MY FUTURE - CONSTRUCTION WORKFORCE DEVELOPMENT HANDS ON SHOWCASE FOR AREA HIGH SCHOOL STUDENTS.
HBA CHARITABLE FOUNDATION HOUSING PROGRAM - PLACE DESERVING FAMILIES INTO HOMEOWNERSHIP
UNION INTRO TO CONSTRUCTION COURSE - HIGH SCHOOL EDUCATION COURSE FOR THE INTRODUCTION OF CONSTRUCTION TRAINING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeffrey Smith Secretary | OfficerTrustee | 2 | $0 |
Lucia Carballo President | OfficerTrustee | 2 | $0 |
Sheryl Chinowth Treasurer | OfficerTrustee | 2 | $0 |
Peter Grant Director | Trustee | 2 | $0 |
Robert Franklin Director | Trustee | 2 | $0 |
Ken Klein Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $11,770 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $80,134 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $91,904 |
| Total Program Service Revenue | $0 |
| Investment income | $4,159 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $43,708 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $140,322 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $202,609 |
| Grants and other assistance to domestic individuals. | $1,349 |
| 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 | $24,000 |
| Advertising and promotion | $193 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,844 |
| 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 | $2,202 |
| All other expenses | $0 |
| Total functional expenses | $285,090 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $88,810 |
| Savings and temporary cash investments | $101,400 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $22,165 |
| 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 | $24,900 |
| Investments—publicly traded securities | $255,114 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $492,389 |
| 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 | $0 |
| 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 | $492,389 |
| Total liabilities and net assets/fund balances | $492,389 |
Grants Awarded
Over the last fiscal year, Hba Charitable Foundation has awarded $200,999 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
NATHAN HALE HIGH SCHOOL PURPOSE: TO SUPPORT CONSTRUCTION EDUCATION PROGRAM | $45,103 |
UNION HIGH SCHOOL PURPOSE: TO SUPPORT CONSTRUCTION EDUCATION PROGRAM | $155,896 |