Hearts And Horses Foundation
- Assets
- $1.4m
- Revenue
- $564.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Setauket, NY
- Founding
- 04/2016
- Data as of
- 06/2021
- EIN
- 47-5605740
Organization Overview
Hearts And Horses Foundation is located in Setauket, NY. The organization was established in 2016. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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 And Horses 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 06/2021, Hearts And Horses Foundation generated $564.5k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $441.8k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Warren Sawyer Director | 1 | $0 | |
Lisa Loiodice-Fleischman President | 1 | $0 | |
Richard Fleischman Treasurer/secretary | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Sonny Garguilo Natural Horsemanship | 6/29/17 | $81,939 |
Red Ground Stables | 6/29/17 | $69,764 |
Joseph Dibiasi | 6/29/17 | $77,150 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $564,491 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| 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 | $564,491 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $67,290 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,674 |
| Depreciation | $15,982 |
| Occupancy | $13,213 |
| Travel, conferences, and meetings | $3,457 |
| Printing and publications | $0 |
| Other expenses | $314,653 |
| Total operating and administrative expenses | $441,259 |
| Contributions, gifts, grants paid | $550 |
| Total expenses and disbursements | $441,809 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,859 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $1,422 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $7,000 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $209,783 |
| Other assets | $1,146,882 |
| Total assets | $1,366,946 |
| Accounts payable and accrued expenses | $10,123 |
| 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 | $15,315 |
| Total liabilities | $25,438 |
Grants Awarded
Over the last fiscal year, Hearts And Horses Foundation has awarded $1,200 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Farmingville, NY PURPOSE: CHARITABLE PURPOSES | $500 |
Stony Brook, NY PURPOSE: CHARITABLE PURPOSES | $500 |
CENTRAL ISLIP FIRE DEPARTMENT PURPOSE: CHARITABLE PURPOSES | $100 |
BREAST CANCER RIDE PURPOSE: CHARITABLE PURPOSES | $100 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Hearts And Horses Foundation has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Tykeson Fam Charitable Tr Ovando, MT PURPOSE: GENERAL FUND | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Grace Farms Foundation New Canaan, CT | $127,278,874 | $14,337,032 |
Build Health International Inc Beverly, MA | $9,391,112 | $16,132,621 |
China Medical Board Inc Cambridge, MA | $0 | $15,367,231 |
Rubin Museum Of Art New York, NY | $219,341,965 | $20,862,684 |
Pussycat Foundation New York, NY | $113,070,433 | $12,403,154 |
Tippet Rise Foundation New York, NY | $46,097,612 | $11,599,378 |
Gerry Foundation Inc Liberty, NY | $111,892,284 | $11,122,515 |
Moise Y Safra Foundation Inc New York, NY | $57,760,218 | $6,334,851 |
Rockefeller Archive Center Sleepy Hollow, NY | $198,097,366 | $11,995,066 |
Black River Outdoor Education Program Inc Great Neck, NY | $0 | $235,026 |
Tiger Baron Foundation Inc New York, NY | $135,800,192 | $10,090,454 |
Institute For Aegean Prehistory New York, NY | $0 | $4,040,162 |