Has Charitable Foundation is located in Pittston, ME. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Has Charitable 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, Has Charitable Foundation generated $55.0k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 65.8% each year . All expenses for the organization totaled $47.2k during the year ending 12/2022. 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
HAS CHARITABLE FOUNDATION PROVIDES CHARITABLE ECONOMIC ASSISTANCE TO THE NEEDY, POOR AND DISTRESSED BY EASING THE ECONOMIC BURDEN FOR INDIVIDUALS AND FAMILIES THAT FACE ECONOMIC HARDSHIPS DUE TO INSURMOUNTABLE AND/OR UNEXPECTED MEDICAL EXPENSES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Joel Allumbaugh President | 1 | $0 | |
Tarren Bragdon Treasurer | 1 | $0 | |
Jason Lenardson Secretary | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $55,000 |
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 | $0 |
Total Revenue | $55,000 |
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 | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $200 |
Total operating and administrative expenses | $4,200 |
Contributions, gifts, grants paid | $43,000 |
Total expenses and disbursements | $47,200 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $26,750 |
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 | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $26,750 |
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 | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Over the last fiscal year, Has Charitable Foundation has awarded $43,000 in support to 8 organizations.
Grant Recipient | Amount |
---|---|
JAMIE CORMIER PURPOSE: LARGE MEDICAL EXPENSE(S) | $15,000 |
MICHELLE SIZEMORE PURPOSE: LARGE MEDICAL EXPENSE(S) | $5,000 |
MARCUS LOWE PURPOSE: LARGE MEDICAL EXPENSE(S) | $5,000 |
THOMAS FISKE PURPOSE: LARGE MEDICAL EXPENSE(S) | $3,500 |
JEANETTE BROSIOUS PURPOSE: LARGE MEDICAL EXPENSE(S) | $4,000 |
WENDY WARD PURPOSE: LARGE MEDICAL EXPENSE(S) | $5,000 |