Cathedral Of The Sacred Heart Foundation is located in Richmond, VA. The organization was established in 2014. According to its NTEE Classification (X11) the organization is classified as: Single Organization Support, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cathedral Of The Sacred Heart 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 06/2022, Cathedral Of The Sacred Heart Foundation generated $566.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.1% each year . All expenses for the organization totaled $871.2k during the year ending 06/2022. While expenses have increased by 17.2% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PRESERVATION OF A NATIONAL LANDMARK, THE CATHEDRAL OF THE SACRED HEART
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRESERVATION OF A NATIONAL LANDMARK, THE CATHEDRAL OF THE SACRED HEART
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Roger Neathawk Chairperson | OfficerTrustee | 2 | $0 |
Kim Kremer Treasurer | OfficerTrustee | 3 | $0 |
Jane Hamilton Secretary | OfficerTrustee | 2 | $0 |
Bishop Barry C Knestout Sole Member | Trustee | 1 | $0 |
Rector Anthony E Marques Permanent Director | Trustee | 1 | $0 |
Theodore Robb Board Member | Trustee | 1 | $0 |
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 | $533,874 |
Noncash contributions included in lines 1a–1f | $88,988 |
Total Revenue from Contributions, Gifts, Grants & Similar | $533,874 |
Total Program Service Revenue | $0 |
Investment income | $32,748 |
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 | $566,622 |
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 | $500 |
Fees for services: Accounting | $6,500 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $515 |
Office expenses | $554 |
Information technology | $3,207 |
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 | $871,178 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $1,028,567 |
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 | $464,684 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,493,251 |
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 | $58,562 |
Net assets with donor restrictions | $1,434,689 |
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 | $1,493,251 |
Over the last fiscal year, we have identified 7 grants that Cathedral Of The Sacred Heart Foundation has recieved totaling $104,933.
Awarding Organization | Amount |
---|---|
E Rhodes And Leona B Carpenter Foundation Radnor, PA PURPOSE: GENERAL AND RELIGIOUS PURPOSES; HELP WITH THE COSTS OF THE E. RHODES AND LEONA B. CARPENTER SERIES OF INSTRUMENTAL, VOCAL AND ORGAN PERFORMANCES BY WORLD-CLASS ARTISTS AND ACCOMPLISHED LOCAL ARTISTS, OFFERED FREE TO THE PUBLIC FOR FISCAL YEARS 2022-2024 | $95,000 |
Barrington Family Foundation Richmond, VA PURPOSE: CHARITABLE SUPPORT | $5,000 |
Richard B And Barbara B Odlin Foundation Spotsylvania, VA PURPOSE: GENERAL FUND | $2,000 |
Weathertop Foundation Richmond, VA PURPOSE: GENERAL SUPPORT | $1,000 |
Weathertop Foundation Richmond, VA PURPOSE: GENERAL SUPPORT | $1,000 |
Verizon Foundation Basking Ridge, NJ PURPOSE: MIP PAYOUT FOR 12/03/21 | $925 |
Organization Name | Assets | Revenue |
---|---|---|
Jewish Foundation Of Memphis Memphis, TN | $73,386,968 | $19,619,043 |
Baptist Missions Inc Germantown, TN | $8,771,577 | $761,820 |
Church Of God Foundation Inc Cleveland, TN | $42,707,821 | $2,900,531 |
Cecil D Hylton Memorial Chapel Woodbridge, VA | $12,878,784 | $1,107,990 |
Rescue Legacy Fund Inc Durham, NC | $26,511,238 | $3,583,922 |
Bellevue Foundation Inc Cordova, TN | $4,434,633 | $1,873,411 |
Love Of Jesus Inc Richmond, VA | $78,913 | $756,026 |
Cathedral Of The Sacred Heart Foundation Richmond, VA | $1,493,251 | $566,622 |
Camp St Charles Inc Issue, MD | $696,980 | $720,122 |
Ground 40 Ministries Monroe, NC | $160,310 | $647,877 |
Virginia Baptist Childrens Home & Family Services Foundation Salem, VA | $12,915,726 | $2,531,560 |
Acc Foundation Washington, DC | $169,352 | $568,950 |