Homeless Assistance Fund Inc is located in Philadelphia, PA. The organization was established in 2004. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, 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. Homeless Assistance Fund 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 06/2023, Homeless Assistance Fund Inc generated $131.6k 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 (18.1%) each year. All expenses for the organization totaled $331.8k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2022, Homeless Assistance Fund Inc has awarded 13 individual grants totaling $465,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS GIVEN TO ORGANIZATIONS THAT WORK TO ALLOW HOMELESS AND OTHER TYPES TO BE ABLE TO LIVE ON THEIR OWN IN A SAFE ENVIRONMENT
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ana Lisa Yoder Trustee | 5 | $0 | |
Ashley Jimenez Chair | 5 | $0 | |
Fareeha Arshad Trustee | 5 | $0 | |
Laura Hinds Trustee | 5 | $0 | |
Liz Hersh Trustee | 5 | $0 | |
Mark Froehlich Secretary/treasurer | 5 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $131,635 |
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 | $131,635 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $3,143 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $527 |
Printing and publications | $0 |
Other expenses | $8,950 |
Total operating and administrative expenses | $121,814 |
Contributions, gifts, grants paid | $210,000 |
Total expenses and disbursements | $331,814 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $468,696 |
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 | $50,000 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $1,852,963 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $6,107,153 |
Accounts payable and accrued expenses | $4,400 |
Grants payable | $210,000 |
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 | $214,400 |
Over the last fiscal year, Homeless Assistance Fund Inc has awarded $210,000 in support to 7 organizations.
Grant Recipient | Amount |
---|---|
GENDER JUSTICE FUND PURPOSE: ASSISTANCE FOR THE HOMELESS OR TO ASSIST IN OPERATIONS | $30,000 |
GROWING RESILIENT COMMUNITIES PURPOSE: ASSISTANCE FOR THE HOMELESS OR TO ASSIST IN OPERATIONS | $30,000 |
SELF INC PURPOSE: ASSISTANCE FOR THE HOMELESS OR TO ASSIST IN OPERATIONS | $30,000 |
NATIONALITIES SERVICE CENTER PURPOSE: ASSISTANCE FOR THE HOMELESS OR TO ASSIST IN OPERATIONS | $30,000 |
MAZZONI CENTER PURPOSE: ASSISTANCE FOR THE HOMELESS OR TO ASSIST IN OPERATIONS | $30,000 |
WOMEN'S COMMUNITY REVITALIZATION PROJECT PURPOSE: ASSISTANCE FOR THE HOMELESS OR TO ASSIST IN OPERATIONS | $30,000 |