Heroes Foundation Inc
- Assets
- $1.9m
- Revenue
- $544.0k
- Investments
- $0.0
- Employees
- 3
- Location
- Indianapolis, IN
- Founding
- 06/2001
- Data as of
- 12/2021
- EIN
- 74-3002520
Organization Overview
Heroes Foundation Inc is located in Indianapolis, IN. The organization was established in 2001. According to its NTEE Classification (G12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 12/2021, Heroes Foundation Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Heroes Foundation 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 12/2021, Heroes Foundation Inc generated $544.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $405.1k during the year ending 12/2021. While expenses have increased by 7.8% 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.
Since 2015, Heroes Foundation Inc has awarded 28 individual grants totaling $1,164,725. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE MEANINGFUL SUPPORT TO CANCER PATIENTS, EDUCATION TO PROMOTE CANCER PREVENTION AND RESOURCES TO ADVANCE RESEARCH FOR A CURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTRIBUTIONS AND GRANTS TO INDIANA UNIVERSITY FOUNDATION FOR RESEARCH AND THE IU SIMON CANCER CENTERS COMPLETE LIFE FIRST MONDAYS PROGRAM WHICH OFFERS COMPLEMENTARY SUPPORT AND CARE FOR PATIENTS, THEIR FAMILIIES AND CAREGIVERS. CONTRIBUTION TO COMMUNITY HEALTH NETWORK FOUNDATION FOR CANCER PATIENT SUPPORT SERVICES. CONTRIBUTIONS TO KOMEN TISSUE BANK, PURDUE UNIVERSITY WOMENS GLOBAL HEALTH INSTITUTE, RILEY CHILDRENS FOUNDATION, AND ST. VINCENT HOSPITAL FOUNDATION.
TEAM HEROES IS A CYCLING TEAM COMPETING AT ALL LEVELS AND IS USED AS A VEHICLE TO RAISE AWARENESS ABOUT THE HEROES FOUNDATIONS COMMITMENT TO THE BATTLE AGAINST CANCER THROUGH PROMOTION OF LIVING A HEALTHY LIFESTYLE AND CANCER PREVENTION.
TEAM JOEY SUPPORTS PEDIATRIC CANCER RESEARCH PROJECTS WITHIN THE INDIANA UNIVERSITY SCHOOL OF MEDICINE, AS WELL AS DELIVERING LEGO TOYS TO PEDIATRIC CANCER PATIENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kelly Smith Executive Director | Officer | 40 | $72,000 |
Cindy Todd Program Event Mgr | OfficerTrustee | 40 | $52,000 |
Vince Todd Jr Chairman | OfficerTrustee | 15 | $0 |
Joseph Todd Board Member | Trustee | 1 | $0 |
Renita Haines Board Member | Trustee | 2 | $0 |
Kelly Canada Board Member | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $167,598 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $86,700 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $254,298 |
| Total Program Service Revenue | $2,649 |
| Investment income | $27,472 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $259,570 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $543,989 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $200,500 |
| 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. | $124,000 |
| Compensation of current officers, directors, key employees. | $124,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,731 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $10,413 |
| Fees for services: Management | $9,000 |
| 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 | $0 |
| Advertising and promotion | $5,496 |
| Office expenses | $8,242 |
| Information technology | $7,050 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $190 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,324 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,292 |
| All other expenses | $0 |
| Total functional expenses | $405,112 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $52,803 |
| Savings and temporary cash investments | $592,826 |
| 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 | $1,227,325 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,872,954 |
| 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 | $2,821 |
| Total liabilities | $2,821 |
| 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 | $1,870,133 |
| Total liabilities and net assets/fund balances | $1,872,954 |
Grants Awarded
Over the last fiscal year, Heroes Foundation Inc has awarded $199,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
Indianapolis, IN PURPOSE: Cancer research | $108,000 |
PURDUE UNIVERSITY PURPOSE: Womens Global Health Institute | $30,000 |
IU HEALTH FOUNDATION PURPOSE: Complete Life First Mondays and Art Show | $30,000 |
Indianapolis, IN PURPOSE: Cancer patient assistance fund | $15,000 |
ST VINCENT FOUNDATION PURPOSE: Themed room at Peyton Mannings Childrens Hospital | $10,000 |
RILEY CHILDRENS FOUNDATION PURPOSE: Pediatric Palliative Care | $6,000 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Heroes Foundation Inc has recieved totaling $32,933.
| Awarding Organization | Amount |
|---|---|
Ayco Charitable Foundation Cohoes, NY PURPOSE: MEDICAL / PUBLIC SERVICES | $10,000 |
Eugene And Marilyn Glick Foundation Corporation Indianapolis, IN PURPOSE: SUPPORT KILIMANJARO FUNDRAISER | $8,000 |
Deborah M Cooley Charitable Trust Chicago, IL PURPOSE: GENERAL | $7,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $5,433 |
James K And Mary Jo Risk Family Foundation Inc Lafayette, IN PURPOSE: CATHERINE PEACHEY FUND | $2,000 |
Lilly Endowment Inc Indianapolis, IN PURPOSE: EMPLOYEE MATCHING GIFT(S) | $400 |
Endowment Analysis
| Beg. Balance | $428,124 |
| Earnings | $80,008 |
| Net Contributions | $30,000 |
| Ending Balance | $538,132 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Against Malaria Foundation Kansas City, MO | $318 | $95,777,874 |
Usher Iii Initiative Inc Chicago, IL | $1,337,377 | $2,469,529 |
Resort Charity Events Inc Bloomington, IN | $167,488 | $1,958,916 |
Fairwaycares Inc Madison, WI | $4,640,276 | $2,059,491 |
Disability Resource In Homeservices Inc Festus, MO | $80,012 | $820,552 |
Ollie Hinkle Heart Foundation Webster Groves, MO | $1,363,542 | $833,389 |
Thompson Foundation For Autism Columbia, MO | $1,001,844 | $651,075 |
Danny Did Foundation Evanston, IL | $2,130,382 | $1,124,024 |
Glut1 Deficiency Foundation Inc Owingsville, KY | $447,949 | $776,976 |
Illinois Cancercare Foundation Peoria, IL | $1,967,490 | $900,745 |
Kendyl And Friends Foundation Inc Burgin, KY | $229,614 | $576,619 |
Friends Of The St Louis University Liver Center Chesterfield, MO | $247,779 | $567,898 |