Hvr Foundation
- Assets
- $2.6m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Sequim, WA
- Founding
- 09/2019
- Data as of
- 12/2022
- EIN
- 82-0902657
Organization Overview
Hvr Foundation is located in Sequim, WA. The organization was established in 2019. According to its NTEE Classification (C05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hvr Foundation 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, Hvr Foundation generated $2.0m in total revenue. All expenses for the organization totaled $64.1k during the year ending 12/2022. While expenses have increased by 57.5% per year over the past 4 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR MISSION IS TO SUPPORT AND SUPPLY LOCAL COMMUNITIES WITH EDUCATION ON NUTRIENT-DENSE FARMING PRACTICES, BRINGING NEIGHBORS TOGETHER AND LINKING PEOPLE BACK TO THE EARTH.CONTINUED TO EXPERIMENT IN BEGINNING OF MARCH (HARD FREEZING CONDITIONS) WITH ELECTRIC UNDERBEDS FOR GROW OUT TRAYS IN GREENHOUSE IN ORDER TO GET IN THE TRIAL PLOT EARLIER FOR LARGER PRODUCTION YIELD. CONTINUED EFFORTS TO ESTABLISH MASON BEES. CONTINUED GROW OUT RESEARCH IN GREENHOUSE.FURTHER EXPERIMENTED WITH OUR DESIGN OF A MINI GREENHOUSE IN OUR RESEARCH PLOT; HAD GREAT SUCCESS WITH THIS IN CALIFORNIA IN TEMPERATURE CLIMATE AND ARE NOW PUSHING THE ENVELOPE IN COLDER CLIMATES.SET UP TEACHING STUDIO WITH CAMERAS, MICROPHONES, TELEVISION SCREENS. WILL BE USED TO EDUCATE ON GROWING PROCESSES.OUR RESEARCH INCLUDES CROPS THAT WE BELIEVE ARE ANTI-INFLAMMATORY AND WE ARE ADAPTING THOSE CROPS TO CORRECT FOR HEALTH. EXPERIMENTED FURTHER WITH THE 39 DIFFERENT MINERALS FOR THE SOIL IN PROPORTION AS WE GROW FOR NUTRITION. EXPE
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,998,085 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $27,482 |
| Total Revenue | $2,025,567 |
| 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 | $5,835 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $58,289 |
| Total operating and administrative expenses | $64,124 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $64,124 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,571 |
| Savings and temporary cash investments | $0 |
| 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 | $26,881 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $2,575,056 |
| Other assets | $0 |
| Total assets | $2,610,508 |
| 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 | $598,656 |
| Other liabilities | $0 |
| Total liabilities | $598,656 |