Hmg Cares Foundation
- Assets
- $161.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- The Woodlands, TX
- Founding
- 03/2018
- Data as of
- 12/2021
- EIN
- 81-3931171
Organization Overview
Hmg Cares Foundation is located in The Woodlands, TX. The organization was established in 2018. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, 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. Hmg Cares Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE FOUNDATION HAS ALREADY HOSTED SEVERAL EVENTS AND RAISED CLOSE TO $141,000 IN DONATIONS. USING $73,000 OF THE MONIES RAISED WE HAVE BEEN ABLE TO LEND A HELPING HAND TO 23 OF OUR EMPLOYEES COMPANYWIDE. THESE EMPLOYEES HAVE EXPERIENCED THE HURRICANE HARVEY FLOOD, LIFE THREATING ILLNESSES AND DEATH. WE ARE PROUD TO BE ABLE TO SHOW SUPPORT IN TIME OF NEED TO THESE FAMILIES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Derek Prince Chief Executive Officer | 12.5 | $0 | |
Wayne Culp Chief Operating Officer | 0.25 | $0 | |
Laurence Daspit Chief Financial Officer | 1 | $0 | |
Susan Joy Review Committee Member | 0.5 | $0 | |
Jacobi Thomas Review Committee Member | 0.5 | $0 | |
Ana Pico Chief Strategy Officer | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $140,590 |
| 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 | $140,590 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $24,474 |
| Total expenses | $99,524 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $161,473 |
| Other assets | $0 |
| Total assets | $161,473 |
| Total liabilities | $1,000 |
| Net assets or fund balances | $160,473 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Hmg Cares Foundation has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Memorial Assistance Ministries Inc Houston, TX | $12,620,656 | $8,704,582 |
Healthcare For The Homeless-Houston Houston, TX | $9,738,330 | $7,057,693 |
Cornerstone Assistance Network Inc Fort Worth, TX | $6,473,488 | $6,928,385 |
Goodness Outreach Depot Haslet, TX | $63,576 | $5,040,175 |
Reach Out America Intnl Inc League City, TX | $82,428 | $5,177,951 |
Humble Area Assistance Ministries Humble, TX | $3,384,410 | $5,119,606 |
Second Mile Misson Center Missouri City, TX | $4,251,763 | $6,186,736 |
Twin City Mission Bryan, TX | $7,381,064 | $5,288,388 |
Arlington Charities Inc Arlington, TX | $1,224,245 | $5,005,131 |
Bells Savoy Community Emergency Service Inc Bells, TX | $808,654 | $3,720,170 |
Residential Energy Assistance Partnership Inc San Antonio, TX | $8,576,641 | $1,401,105 |
Crisis Assistance Center Conroe, TX | $3,248,688 | $3,224,815 |