H E A R T S Helping Each Adolescent Reach Their Spark
- Assets
- $206.1k
- Revenue
- $280.7k
- Investments
- $0.0
- Employees
- 2
- Location
- Durham, NC
- Founding
- 07/2016
- Data as of
- 06/2023
- EIN
- 47-5563762
Organization Overview
H E A R T S Helping Each Adolescent Reach Their Spark is located in Durham, NC. The organization was established in 2016. As of 06/2023, H E A R T S Helping Each Adolescent Reach Their Spark employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. H E A R T S Helping Each Adolescent Reach Their Spark 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, H E A R T S Helping Each Adolescent Reach Their Spark generated $280.7k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 11.3% each year . All expenses for the organization totaled $224.1k during the year ending 06/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF H.E.A.R.T.S. IS TO EDUCATE AND EQUIP ALL ADOLESCENT PARENTS, AGES 13-22, WITH THE TOOLS NEEDED TO BECOME INDEPENDENT AND SELF- SUFFICIENT, WITH AN OUTCOME OF ALL PARTICIPANTS ACHIEVING THEIR BEST LIVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THEORY-BASED LIFE SKILLS TRAINING PROGRAM (GROUP SESSIONS AND 1-ON-1 CASE MANAGEMENT)
PARTICIPANT EVENTS.
LOVEBUG CHILDREN'S CLOSET
COMMUNITY EVENTS TO ENCOURAGE COMMUNITY OUTREACH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tameka S Brown Executive Di | Officer | 40 | $71,829 |
Kemonie Ballard Board Member | Officer | 1 | $0 |
Kathy Chapman Board Secret | Officer | 1 | $0 |
Breona Hayes Board Member | Officer | 1 | $0 |
Kanecia Hodo Board Co-Cha | Officer | 1 | $0 |
Edwin Meeks Board Member | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $61,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $216,102 |
| Noncash contributions included in lines 1a–1f | $568 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $277,602 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $104 |
| Net Income from Fundraising Events | $3,021 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $280,727 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $100 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $71,829 |
| Compensation of current officers, directors, key employees. | $21,549 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $58,212 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,837 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $102 |
| Fees for services: Accounting | $1,585 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,941 |
| Advertising and promotion | $8,411 |
| Office expenses | $1,554 |
| Information technology | $3,299 |
| Royalties | $0 |
| Occupancy | $13,311 |
| Travel | $2,310 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $13,076 |
| Interest | $148 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,500 |
| Insurance | $2,696 |
| All other expenses | $1,123 |
| Total functional expenses | $224,118 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $199,371 |
| Savings and temporary cash investments | $0 |
| 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 | $6,683 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $206,054 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $20,145 |
| Net assets with donor restrictions | $185,909 |
| 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 | $206,054 |