7 Cups Foundation is located in Fort Mill, SC. The organization was established in 2020. According to its NTEE Classification (F80) the organization is classified as: Mental Health Associations, under the broad grouping of Mental Health & Crisis Intervention and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 7 Cups 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 12/2021, 7 Cups Foundation generated $100.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (41.5%) each year. All expenses for the organization totaled $24.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORTING EXPERTS AND LEADING ORGANIZATIONS TO EXTEND CARE AROUND THE GLOBE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
7 CUPS FOUNDATION IS IN THE BUSINESS OF CHANGING AND SHAPING LIVES. THE WORK THAT IS DONE BY THE ORGANIZATION IS AIMED AT PROVIDING A HOLISTIC APPROACH TO SOLVING SOME OF OUR SOCIETY'S BIGGEST CHALLENGES. THE ORGANIZATION MAKES SURE ORGANIZATIONS'S PARTNERS ARE EMPOWERED BY CREATING OPPORTUNITIES FOR INDIVIDUALS AND COMMUNITIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Glen Moriarty CEO | OfficerTrustee | 1 | $0 |
Nicole Moriarty Secretary | OfficerTrustee | 1 | $0 |
Brittany Taylor CFO | OfficerTrustee | 1 | $0 |
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 | $100,000 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $100,000 |
Total Program Service Revenue | $0 |
Investment income | $0 |
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 | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $100,000 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
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 | $14,000 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $24,014 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $127,722 |
Savings and temporary cash investments | $0 |
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 | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $127,722 |
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 | $0 |
Total liabilities | $0 |
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 | $127,722 |
Total liabilities and net assets/fund balances | $127,722 |
Organization Name | Assets | Revenue |
---|---|---|
The Mental Health Fund Inc Hickory, NC | $8,635,144 | $9,285,181 |
Traime Behavioral Health Inc Atlanta, GA | $710,087 | $2,897,961 |
Mental Health America Of South Carolina Columbia, SC | $6,122,956 | $1,962,057 |
Nami Georgia Inc Atlanta, GA | $1,333,558 | $1,703,467 |
Mental Health America Of Central Carolinas Inc Charlotte, NC | $1,322,957 | $1,228,674 |
Nami Of South Carolina Columbia, SC | $939,627 | $1,407,654 |
The Foundation Of Hope For Research & Treatment Of Mental Illness Raleigh, NC | $8,015,867 | $1,866,051 |
National Mental Health Association Of Georgia Inc Atlanta, GA | $443,797 | $1,077,692 |
Nami North Carolina Inc Raleigh, NC | $819,242 | $932,128 |
Able To Serve Inc Garner, NC | $696,415 | $539,675 |
Nami Central Georgia Inc Warner Robins, GA | $570,911 | $433,287 |
Mental Health Association Of Forsyth County Winstonsalem, NC | $764,532 | $284,390 |