Herizon Inc
- Assets
- $2.5m
- Revenue
- $515.7k
- Investments
- $0.0
- Employees
- 6
- Location
- West Palm Beach, FL
- Founding
- 12/2014
- Data as of
- 12/2022
- EIN
- 47-1611411
Organization Overview
Herizon Inc is located in West Palm Beach, FL. The organization was established in 2014. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2022, Herizon Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Herizon 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 12/2022, Herizon Inc generated $515.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.5%) each year. All expenses for the organization totaled $591.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Herizon Inc has awarded 122 individual grants totaling $1,695,200. 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
FACILITATE LEADERSHIP DEVELOPMENT, EMPOWER WOMEN AND GIRLS TO ACHIEVE SOCIAL AND ECONOMIC EQUALITY, CREATE LONG TERM CHANGES IN THE LIVES OF WOMEN AND GIRLS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAM NAME: HERIZON MISSION GIVE A VOICE TO THE VOICELESS AND POWERLESS - IDENTIFY MARGINALIZED GROUPS OF WOMEN AND GIRLS AND BRING THEM INTO THE MAINSTREAM. 1.NURTURE WOMEN'S LEADERSHIP IN A COMPREHENSIVE WAY. 2.DEVELOP THE NEXT GENERATION OF WOMEN LEADERS TO CHANGE THE DYNAMIC FOR WOMEN AND GIRLS IN EVERY ARENA. 3.EDUCATE THE COMMUNITY ON PRESSING ISSUES AFFECTING WOMEN AND GIRLS, EXAMINE HOW PROBLEMS AFFECT MEN AND WOMEN DIFFERENTLY, AND DEVELOP INNOVATIVE SOLUTIONS TO SOCIAL INEQUITIES.
PROGRAM NAME: NO SMALL CHANGE NO SMALL CHANGE (NSC) IS THE FIRST CO-ED PHILANTHROPIC LEADERSHIP PROGRAM DOING STRATEGIC GRANT MAKING THROUGH A GENDER LENS. NSC BRINGS TOGETHER A GROUP OF UP TO 20 HIGH SCHOOL STUDENTS WHO WILL LEARN AND FUNDRAISE TOGETHER AND COLLECTIVELY DECIDE HOW TO AWARD GRANTS TO LOCAL ORGANIZATIONS DOING IMPORTANT SOCIAL JUSTICE WORK.
PROGRAM NAME: HERIZON YOUNG LEADERS SOCIETY HERIZON YOUNG LEADERS SOCIETY IS OPEN TO WOMEN AGES 22 - 45 WHO SUPPORT HERIZON'S MISSION TO CREATE SOCIAL CHANGE FOR WOMEN AND GIRLS AND WHO WISH TO DEVELOP LEADERSHIP SKILLS, IMPACT THEIR COMMUNITY, AND BE PART OF A NETWORK OF LIKE-MINDED YOUNG WOMEN.
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 |
|---|---|---|---|
Jennifer Kryshka Shorr Chief Executive Officer | Trustee | 45 | $108,451 |
Deena Lockman Director | Trustee | 5 | $0 |
Laurie Winston Secretary | OfficerTrustee | 5 | $0 |
Denise Silverman Vice Chair | OfficerTrustee | 5 | $0 |
Caryn Stevens-Hare Director | Trustee | 5 | $0 |
Lauren Stuhmer Director | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $308,939 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $308,939 |
| Total Program Service Revenue | $0 |
| Investment income | $39,419 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $25,099 |
| Net Income from Fundraising Events | $142,235 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $515,692 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $118,000 |
| 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. | $108,451 |
| Compensation of current officers, directors, key employees. | $21,690 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $154,508 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $21,000 |
| Payroll taxes | $21,582 |
| 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 | $19,616 |
| Fees for services: Other | $0 |
| Advertising and promotion | $32,670 |
| Office expenses | $13,019 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $21,350 |
| Travel | $9,920 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,179 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,554 |
| All other expenses | $16,008 |
| Total functional expenses | $590,989 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $128,391 |
| Savings and temporary cash investments | $219,329 |
| 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 | $2,163,561 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,511,281 |
| Accounts payable and accrued expenses | $9,571 |
| 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 | $9,571 |
| 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 | $2,501,710 |
| Total liabilities and net assets/fund balances | $2,511,281 |
Grants Awarded
Over the last fiscal year, Herizon Inc has awarded $115,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
CENTRAL FUND OF ISRAEL PURPOSE: to support La'Ofek | $10,000 |
CODEART PURPOSE: to support the foundation | $10,000 |
WOMEN'S FOUNDATION OF FLORIDA PURPOSE: to support the foundation | $10,000 |
EMPOWHER OF THE PALM BEACHES PURPOSE: to support the foundation | $10,000 |
GBDCEI PURPOSE: to support the foundation | $10,000 |
MILAGRO CENTER PURPOSE: to support the foundation | $10,000 |