Michael Hoefflin Foundation is located in Santa Clarita, CA. The organization was established in 1996. According to its NTEE Classification (G30) the organization is classified as: Cancer, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 12/2022, Michael Hoefflin Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Michael Hoefflin 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, Michael Hoefflin Foundation generated $303.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.9%) each year. All expenses for the organization totaled $210.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (10.4%) per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MICHAEL HOEFFLIN FOUNDATION FOR CHILDREN'S CANCER IS A PUBLIC NON PROFIT 501(C)3 FOUNDATION THAT PROVIDES FINANCIAL AND EMOTIONAL SUPPORT TO CHILDREN AND THEIR FAMILIES IN THE SANTA CLARITA VALLEY, ANTELOPE VALLEY, SAN FERNANDO VALLEY,SIMI VALLEY, AND CONEJO VALLEY. THE FOUNDATION STRIVES TO EDUCATE THE PUBLIC AND PROVIDE GRANT FUNDING FOR INNOVATIVE RESEARCH TO ACCELERATE PROGRESS IN THE FIGHT AGAINST PEDIATRIC CANCER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PROVIDED DIRECT SUPPORT TO YOUNG CANCER PATIENTS AND THEIR FAMILIES THROUGH ITS CHILD PATIENT AND FAMILY SUPORT PROGRAMS, INCLUDING COUNSELING SERVICES, FOOD AND GAS CARDS, FINANCIAL ASSISTANCE,AND OTHER FORMS OF DIRECT SUPPORT. (APPROXIMATELY 430 FAMILIES BENEFITED)
THE FOUNDATION,THROUGH ITS ACTIVITIES,PUBLICATIONS, AND SOCIAL MEDIA, INCREASES AWARENESS OF PEDIATRIC CANCER IN THE COMMUNITIES OF THE SANTA CLARITA VALLEY AND THE FOUR OTHER SURROUNDING VALLEYS. THE FOUNDATION ALSO INFORMS PEDIATRIC CANCER PATIENTS, THEIR FAMILIES, AND CANCER SURVIVORS OF SUPPORT GROUPS AVAILABLE TO THEM.
THE FOUNDATION PROVIDES FINANCIAL AS WELL AS EMOTIONAL SUPPORT FOR FAMILIES WHOSE CHILDREN HAVE BEEN PART OF THE FOUNDATION'S PROGRAMS AND WHO HAVE PASSED AWAY DUE TO THEIR CANCER. EACH FAMILY RECEIVES $2,500 TO HELP WITH MEDICAL EXPENSES, FUNERAL COSTS, OR TO COVER OTHER EXPENSES WHICH HAVE BEEN INCURRED. (3 FAMILIES BENEFITED)
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Frank Oviedo Chairman | OfficerTrustee | 0 | $0 |
Elizabeth Hopp Secretary | OfficerTrustee | 0 | $0 |
Mary Ann Ruprecht Treasurer | OfficerTrustee | 0 | $0 |
Courtney Bourdas Henn Director | Trustee | 0 | $0 |
Chris Hoefflin Director | Trustee | 0 | $0 |
Sue Hoefflin Director | Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $90,545 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $179,440 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $269,985 |
Total Program Service Revenue | $0 |
Investment income | $1,757 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $32,118 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $303,860 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $9,500 |
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 | $61,540 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $5,226 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,700 |
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 | $796 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $18,000 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $97 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $5,887 |
All other expenses | $12,307 |
Total functional expenses | $210,470 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $162,225 |
Savings and temporary cash investments | $496,972 |
Pledges and grants receivable | $0 |
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 | $6,525 |
Total assets | $665,722 |
Accounts payable and accrued expenses | $0 |
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 | $6,828 |
Total liabilities | $6,828 |
Net assets without donor restrictions | $654,842 |
Net assets with donor restrictions | $4,052 |
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 | $665,722 |