Hearts Of Gold Police Family Outreach Foundation is located in Tucson, AZ. The organization was established in 2019. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hearts Of Gold Police Family Outreach 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 12/2023, Hearts Of Gold Police Family Outreach Foundation generated $190.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (32.8%) each year. All expenses for the organization totaled $176.0k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE HEARTS OF GOLD POLICE FAMILY OUTREACH FOUNDATION IS TO PROVIDE FINANCIAL RELIEF AND SUPPORT TO QUALIFIED PARTICIPANTS AND THEIR FAMILIES IN TIMES OF NEED AND/OR DISTRESS, AS WELL AS TO OFFER PHILANTHROPIC OUTREACH TO THE TUCSON POLICE DEPARTMENT COMMUNITY AND THE GREATER LAW ENFORCEMENT COMMUNITY OF SOUTHERN ARIZONA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ASSISTANCE GRANTS:ASSISTANCE GRANTS PROVIDE FINANCIAL SUPPORT TO DEPARTMENT MEMBERS WHO HAVE SUFFERED A CATASTROPHIC EVENT CAUSING FINANCIAL HARDSHIP.
SCHOLARSHIP PROGRAM:HEARTS OF GOLD PARTICIPANTS AND THEIR FAMILIES CAN APPLY FOR HIGHER EDUCATION SCHOLARSHIP OF $2,000 EACH (WE PROVIDE UP TO 5 SCHOLARSHIPS). THEY MUST SUBMIT AN ESSAY, LETTERS OF RECOMMENDATION, AND DOCUMENT A FINANCIAL NEED.
WELLNESS GRANT PROGRAM:PROVIDES GRANTS FOR ANY INITIATIVE THAT IMPROVES THE OVERALL HEALTH, MORALE, AND WELLNESS OF TUCSON POLICE DEPARTMENT EMPLOYEES. THE GRANTS ARE AWARDED ON A QUARTERLY CYCLE AND A MAXIMUM OF $2,500 IS AWARDED EACH QUARTER
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Amy Devins Chair | OfficerTrustee | 5 | $0 |
Christena Tenney Vice Chair | OfficerTrustee | 5 | $0 |
Hilary Mahoney Secretary | OfficerTrustee | 5 | $0 |
John Lebbs Treasurer | OfficerTrustee | 5 | $0 |
Tom Vetrano Immediate Past Chair | Trustee | 5 | $0 |
David Corrado Director | Trustee | 5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $91,173 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $99,276 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $190,449 |
Total Program Service Revenue | $0 |
Investment income | $21,558 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$3,131 |
Net Income from Fundraising Events | -$15,445 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | -$3,352 |
Miscellaneous Revenue | $0 |
Total Revenue | $190,079 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $12,654 |
Grants and other assistance to domestic individuals. | $80,408 |
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 | $52,500 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $4,016 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $5,710 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $3,882 |
Advertising and promotion | $0 |
Office expenses | $15,969 |
Information technology | $22 |
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 | $870 |
All other expenses | $0 |
Total functional expenses | $176,031 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $242,167 |
Savings and temporary cash investments | $340,108 |
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 | $238,012 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $16,200 |
Total assets | $836,487 |
Accounts payable and accrued expenses | $2,483 |
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 | $2,483 |
Net assets without donor restrictions | $834,004 |
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 | $0 |
Total liabilities and net assets/fund balances | $836,487 |