Hearts That Care Inc
- Assets
- $91.9k
- Revenue
- $3.3k
- Investments
- $77.2k
- Employees
- 0
- Location
- Colorado Springs, CO
- Founding
- 07/2006
- Data as of
- 06/2023
- EIN
- 20-3904604
Organization Overview
Hearts That Care Inc is located in Colorado Springs, CO. The organization was established in 2006. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Hearts That Care 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, Hearts That Care Inc generated $3.3k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $11.2k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (3.9%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $3,296 |
| 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 | $3,296 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $38 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $975 |
| Printing and publications | $0 |
| Other expenses | $1,282 |
| Total operating and administrative expenses | $2,820 |
| Contributions, gifts, grants paid | $8,375 |
| Total expenses and disbursements | $11,195 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,885 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $875 |
| 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 | $30,747 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $91,915 |
| 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 |
Grants Awarded
Over the last fiscal year, Hearts That Care Inc has awarded $8,375 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF VIRGINIA PURPOSE: SCHOLARSHIP FUND | $5,025 |
ST JUDE CHILDRENS RESEARCH HOSPITAL PURPOSE: RESEARCH CHILDREN'S DISEASES | $2,000 |
AMITY REGIONAL SCHOOL DISTRICT 5 PURPOSE: SCHOLARSHIP | $1,000 |
ANGEL EYES PURPOSE: GENERAL SUPPORT | $100 |
PLACER AQUATIC CLUB PURPOSE: GENERAL SUPPORT | $250 |