Grateful Hearts Charitable Trust
- Assets
- $264.8k
- Revenue
- $28.7k
- Investments
- $248.1k
- Employees
- 0
- Location
- Venice, FL
- Founding
- 12/2014
- Data as of
- 07/2024
- EIN
- 47-2565674
Organization Overview
Grateful Hearts Charitable Trust is located in Venice, FL. The organization was established in 2014. According to its NTEE Classification (X20) the organization is classified as: Christianity, 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. Grateful Hearts Charitable Trust 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 07/2024, Grateful Hearts Charitable Trust generated $28.7k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $16.1k during the year ending 07/2024. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $7,942 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $20,789 |
| Capital Gain Net Income | $20,789 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $28,731 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $128 |
| Total operating and administrative expenses | $128 |
| Contributions, gifts, grants paid | $15,975 |
| Total expenses and disbursements | $16,103 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10 |
| Savings and temporary cash investments | $16,670 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $173,158 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $264,819 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Grateful Hearts Charitable Trust has awarded $15,975 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
AGAPE PURPOSE: GENERAL | $225 |
CARINGNETWORK PURPOSE: GENERAL | $225 |
CREATED4MORE PURPOSE: GENERAL | $225 |
COMPASS PURPOSE: GENERAL | $200 |
FISH CREEK COMMUNITY PURPOSE: GENERAL | $775 |
LIVING STONES PURPOSE: GENERAL | $225 |