The Hear Foundation
- Assets
- $728.7k
- Revenue
- $843.5k
- Investments
- $0.0
- Employees
- 2
- Location
- Pittsburgh, PA
- Founding
- Data as of
- 03/2024
- EIN
- 88-1887320
Organization Overview
The Hear Foundation is located in Pittsburgh, PA. According to its NTEE Classification (I60) the organization is classified as: Law Enforcement, under the broad grouping of Crime & Legal-Related and related organizations. As of 03/2024, Hear Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hear 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 03/2024, Hear Foundation generated $843.5k 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 (3.6%) each year. All expenses for the organization totaled $424.7k during the year ending 03/2024. As we would expect to see with falling revenues, expenses have declined by (17.9%) per year over the past 2 years. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO CONVENE, FUND, AND IMPLEMENT INITIATIVES THAT BUILD POLICE AND RESIDENT RELATIONSHIPS AND STRENGTHEN PITTSBURGHS NEIGHBORHOODS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BRINGING RESIDENTS, ACTIVISTS, ORGANIZATIONS, COMMUNITY GROUPS, AND PITTSBURGH POLICE TOGETHER TO COLLABORATE, BUILD TRUST, AND CREATE SOLUTIONS FOR PUBLIC SAFETY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kamal Nigam Former Ex. Dir. | Officer | 40 | $127,125 |
Rev Paul T Abernathy Co-Chair | OfficerTrustee | 2 | $0 |
Cmd Chris Ragland Co-Chair | OfficerTrustee | 2 | $0 |
Tiffany Kline-Costa Board Member | Trustee | 1 | $0 |
Will Allen Board Member | Trustee | 1 | $0 |
Julius Boatwright Board Member | Trustee | 1 | $0 |
Financial Statements
| 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 | $832,479 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $832,479 |
| Total Program Service Revenue | $0 |
| Investment income | $11,053 |
| 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 | $843,532 |
| 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. | $127,125 |
| Compensation of current officers, directors, key employees. | $20,340 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $26,539 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,797 |
| Payroll taxes | $13,710 |
| 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 | $116,462 |
| Advertising and promotion | $18,563 |
| Office expenses | $6,576 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $16,913 |
| Travel | $1,168 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $743 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,103 |
| All other expenses | $7,903 |
| Total functional expenses | $424,702 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $617,884 |
| Pledges and grants receivable | $106,805 |
| 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 | $818 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,234 |
| Total assets | $728,741 |
| Accounts payable and accrued expenses | $32,162 |
| 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 | $32,162 |
| Net assets without donor restrictions | $493,782 |
| Net assets with donor restrictions | $202,797 |
| 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 | $728,741 |
Grants Awarded
Over the last fiscal year, The Hear Foundation has awarded $262,530 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
A SCHOOLS | | | $21,600 |
CENTER FOR VICTIMS | | | $10,930 |
HOPE FOR TOMORROW | | | $8,600 |
IMAGINE FURTHER COLLECTIVE | | | $5,500 |
NEW SUN RISING | | | $200,000 |
THE PITTSBURGH CONTINGENCY | | | $8,600 |