Hsb Inc

Organization Overview

Hsb Inc is located in Wyoming, MI. The organization was established in 2008. According to its NTEE Classification (B02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Education and related organizations. As of 06/2022, Hsb Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hsb 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 06/2022, Hsb Inc generated $580.8k 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 (4.5%) each year. All expenses for the organization totaled $534.6k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (5.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

WE ARE A COMMUNITY OUTREACH MINISTRY, SUPPORTING AND STRENGTHENING FAMILIES BY PROVIDING ACCESS TO EDUCATIONAL RESOURCES AND ENRICHMENT OPPORTUNITIES FOR CHILDREN FROM ALL BACKGROUNDS, LEVELS OF NEED, AND SCHOOLING AFFILIATIONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

WE ARE A COMMUNITY OUTREACH MINISTRY, SUPPORTING AND STRENGTHENING FAMILIES BY PROVIDING ACCESS TO EDUCATIONAL RESOURCES AND ENRICHMENT OPPORTUNITIES FOR CHILDREN FROM ALL BACKGROUNDS, LEVELS OF NEED, AND SCHOOLING AFFILIATIONS.


WE ARE A COMMUNITY OUTREACH MINISTRY, SUPPORTING AND STRENGTHENING FAMILIES BY PROVIDING ACCESS TO EDUCATIONAL RESOURCES AND ENRICHMENT OPPORTUNITIES FOR CHILDREN FROM ALL BACKGROUNDS, LEVELS OF NEED, AND SCHOOLING AFFILIATIONS.


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Financial Statements

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$82,862
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$82,862
Total Program Service Revenue$359,419
Investment income $342
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 $138,148
Miscellaneous Revenue$0
Total Revenue $580,771

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