Heart Of Portillos Foundation Inc
- Assets
- $449.3k
- Revenue
- $258.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Oak Brook, IL
- Founding
- Data as of
- 12/2021
- EIN
- 85-0616287
Organization Overview
Heart Of Portillos Foundation Inc is located in Oak Brook, IL. 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. Heart Of Portillos Foundation 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, Heart Of Portillos Foundation Inc generated $258.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (14.1%) each year. All expenses for the organization totaled $121.6k 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
DISASTER AND EMERGENCY RELIEF TO EMPLOYEES OF PORTILLO'S HOT DOGS, LLC AND ITS AFFILIATED ENTITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PRIMARY PURPOSE OF THE CORPORATION IS TO PROVIDE RELIEF TO EMPLOYEES OF PORTILLO'S HOT DOGS, LLC AND ITS AFFILIATED ENTITIES, AND THEIR FAMILIES, WHO ARE VICTIMS OF DISASTER OR WHO HAVE ENCOUNTERED EMERGENCY HARDSHIP. THE ORGANIZATION EXISTS TO ADDRESS TEMPORARY OR SHORT-TERM NEEDS AND DISTRESS, NOT ONGOING, CHRONIC SITUATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Shelton Director And Secretary | OfficerTrustee | 0.1 | $0 |
Sherri Abruscato President | Officer | 0.3 | $0 |
Mike Roman Vice President | Officer | 0.3 | $0 |
Angela Carlomango Treasurer | Officer | 1 | $0 |
Michael Portillo Co-Chair | Trustee | 0.3 | $0 |
Jill Waite Director And Chair | Trustee | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $15,153 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $244,297 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $259,450 |
| 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 | -$1,408 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $258,042 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $95,193 |
| 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 | $956 |
| Fees for services: Accounting | $18,150 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| 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 | $121,583 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $394,945 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $54,399 |
| 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 | $449,344 |
| Accounts payable and accrued expenses | $2,500 |
| 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 | $2,500 |
| 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 | $446,844 |
| Total liabilities and net assets/fund balances | $449,344 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Heart Of Portillos Foundation Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Turano Foundation Berwyn, IL PURPOSE: CHARITY | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Real Services Inc South Bend, IN | $13,142,791 | $21,488,865 |
Community Services League Of Jackson County Independence, MO | $10,715,608 | $18,545,815 |
Blessings In A Backpack Inc Louisville, KY | $14,548,161 | $11,518,539 |
Missouri Valley Community Action Agency Marshall, MO | $8,413,322 | $11,809,512 |
Area Iv Agency On Aging And Community Action Programs Inc Lafayette, IN | $2,168,785 | $11,411,192 |
Walgreens Assistance Inc Deerfield, IL | $30,000,000 | $38,440,000 |
Community Action Agency Of Greater Kansas City Kansas City, MO | $3,181,804 | $8,038,211 |
Shepherd Community Inc Indianapolis, IN | $12,371,405 | $8,451,700 |
Operation Bbq Relief Peculiar, MO | $14,879,386 | $7,436,557 |
Community Crisis Services And Food Bank Iowa City, IA | $4,710,995 | $6,794,967 |
Chicago Chesed Fund Inc Lincolnwood, IL | $12,767,122 | $8,152,645 |
South Suburban Pads Chicago Heights, IL | $5,384,114 | $5,744,283 |