Hugs Charities Inc
- Assets
- $150.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ocala, FL
- Founding
- 01/2008
- Data as of
- 12/2021
- EIN
- 20-8493070
Organization Overview
Hugs Charities Inc is located in Ocala, FL. The organization was established in 2008. According to its NTEE Classification (G12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hugs Charities 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 12/2021, Hugs Charities Inc generated $53.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $40.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
ALLOCATIONS TO INDIVIDUALS IN NEED OF RENT, FOOD AND OTHER STANDARD OF LIVING COSTS. ALSO, CONTRIBUTIONS TO OTHER 501C03 ORGANIZATIONS SUPPORTING THE COMMUNITY CALNCER ALLIANCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tyler Emmons Director | 2 | $0 | |
Amy Roberts Director | 2 | $0 | |
Leo Smith President/di | 5 | $0 | |
Levonda Goodson Director | 2 | $0 | |
Lois Schwenk Director | 2 | $0 | |
David Moore Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $53,910 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $53,910 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $3,011 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $40,256 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $150,377 |
| Other assets | $0 |
| Total assets | $150,377 |
| Total liabilities | $0 |
| Net assets or fund balances | $150,377 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Hugs Charities Inc has recieved totaling $505.
| Awarding Organization | Amount |
|---|---|
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Enduring Hearts Inc Marietta, GA | $4,514,675 | $1,999,139 |
Live Like Bella Inc Coral Gables, FL | $1,403,532 | $1,545,707 |
Its The Journey Inc Peachtree Corners, GA | $1,468,150 | $837,855 |
Ians Friends Foundation Inc Atlanta, GA | $2,303,183 | $1,075,992 |
The Cancer Foundation Inc Athens, GA | $2,195,862 | $959,444 |
Memorial Health Systems Foundation Inc Daytona Beach, FL | $11,077,264 | $1,174,706 |
Kruzn For A Kure Foundation Muscle Shoals, AL | $522,631 | $578,388 |
Touched By Type 1 Inc Altamonte Springs, FL | $407,632 | $573,412 |
Atlanta Cancer Care Foundation Inc Atlanta, GA | $402,119 | $605,731 |
Ateam Ministries Homewood, AL | $354,192 | $468,389 |
Gist Cancer Research Fund North Miami Beach, FL | $542,121 | $500,625 |
Tylers Hope For Dystonia Cure Inc Alachua, FL | $489,534 | $485,740 |