Hearts For Pastors Inc
- Assets
- $51.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New Berlin, WI
- Founding
- Data as of
- 12/2021
- EIN
- 84-2707737
Organization Overview
Hearts For Pastors Inc is located in New Berlin, WI. According to its NTEE Classification (X12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hearts For Pastors 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 12/2021, Hearts For Pastors Inc generated $52.4k 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 (20.7%) each year. All expenses for the organization totaled $84.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
HEARTS FOR PASTORS WAS ORGANIZED IN 2019 WITH A GOAL TO HELP ELIMINATE OVER $1,000,000 OF STUDENT LOAN DEBT AND MOVING EXPENSES WITHIN THE NEXT 5 YEARS FOR PASTORS. IN 2021, HEARTS FOR PASTORS APPROVED $45,000 IN GRANTS TO FIVE RECIPIENTS. THE APPROVED GRANTS WERE PAID TO THE RECIPIENTS IN 2022.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tim Dittloff President/executive Director | 20 | $12,000 | |
Wayne Knolhoff Secretary | 1 | $0 | |
Vanessa Lane Director | 1 | $0 | |
Bob Davis Director | 1 | $0 | |
Mark Zellmer Vice President | 1 | $0 | |
Keith Speaks Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $52,430 |
| 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 | $52,430 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $12,000 |
| Professional fees and other payments to independent contractors | $8,516 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $18,858 |
| Total expenses | $84,374 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $51,697 |
| Other assets | $0 |
| Total assets | $51,697 |
| Total liabilities | $46,750 |
| Net assets or fund balances | $4,947 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Hearts For Pastors Inc has recieved totaling $36,456.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: SUPPORT | $36,456 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Catholic Foundation Of Michigan Bloomfield Hills, MI | $29,975,322 | $12,618,743 |
Aim Higher Foundation St Paul, MN | $6,897,588 | $2,438,620 |
Catholic Community Foundation Ofmid Michigan Saginaw, MI | $39,952,577 | $3,035,436 |
Presbyterian Frontier Fellowship Richfield, MN | $5,941,801 | $2,372,271 |
Brightmoor Christian Church Endowment Fund Novi, MI | $509,422 | $1,829,016 |
Minnesota Education Trust St Paul, MN | $12,235,946 | $1,363,771 |
Cabc Usa Inc Waukesha, WI | $822,280 | $1,932,888 |
Community Interfaith Food Pantry Belleville, IL | $1,307,668 | $1,205,716 |
Our Daily Bread Ministries Foundation Grand Rapids, MI | $34,200,268 | $7,896,868 |
West Michigan Christian Foundation Ada, MI | $4,282,532 | $1,262,702 |
Norwalk Area Ministerial Association Norwalk, IA | $73,039 | $574,226 |
Facilitators International Incorporated Grand Rapids, MI | $480,856 | $595,278 |