Hearts Of Mercy Inc is located in Manahawkin, NJ. The organization was established in 2015. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, 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. Hearts Of Mercy 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 12/2020, Hearts Of Mercy Inc generated $20.5k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 16.4% each year . All expenses for the organization totaled $16.7k during the year ending 12/2020. While expenses have increased by 11.2% per year over the past 2 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
LOCAL COMMUNITY MENTORING AND TUTORING
LOCAL COMMUNITY MENTORING AND TUTORING
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kristin Santorelli Executive Director | 40 | $8,199 | |
Naomi Estrada Vice President | 40 | $0 | |
Mike Mercadonte President | 40 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $20,476 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $20,476 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $4,800 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $11,919 |
Total expenses | $16,719 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $7,047 |
Other assets | $0 |
Total assets | $7,047 |
Total liabilities | $0 |
Net assets or fund balances | $7,047 |
Over the last fiscal year, we have identified 3 grants that Hearts Of Mercy Inc has recieved totaling $6,000.
Awarding Organization | Amount |
---|---|
Manasquan Bank Charitable Foundation Inc Wall Township, NJ PURPOSE: COVID RELIEF | $2,500 |
Manasquan Bank Charitable Foundation Inc Wall Township, NJ PURPOSE: COVID RELIEF | $2,500 |
Spring Forth Foundation Medina, WA PURPOSE: FURTHER CHARITABLE PURPOSE | $1,000 |
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