Courageous Hearts
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 09/2014
- Data as of
- 12/2020
- EIN
- 46-2105289
Organization Overview
Courageous Hearts is located in Minneapolis, MN. The organization was established in 2014. According to its NTEE Classification (A25) the organization is classified as: Arts Education, under the broad grouping of Arts, Culture & Humanities and related organizations. Courageous Hearts 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 12/2020, Courageous Hearts generated $51.3k 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 (15.1%) each year. All expenses for the organization totaled $66.1k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (19.9%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Larry Whiten Adult Co-Chair | 1 | $0 | |
Lia Thibault Youth Co-Chair | 1 | $0 | |
Abby Smith Treasurer | 1 | $0 | |
London Stewart Director | 1 | $0 | |
Lilly Mclaughlin Director | 1 | $0 | |
Ananya Matewos Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $37,012 |
| Total Program Service Revenue | $3,312 |
| Membership dues | $0 |
| Investment income | $6 |
| Gain or Loss | $10,888 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $51,274 |
| 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 | $31,642 |
| Occupancy, rent, utilities, and maintenance | $20,280 |
| Printing, publications, postage, and shipping | $2,068 |
| Other expenses | $8,975 |
| Total expenses | $66,149 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |