Tip Your Heart Foundation is located in Lodi, CA. The organization was established in 2007. According to its NTEE Classification (T30) the organization is classified as: Public 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. Tip Your Heart 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 12/2022, Tip Your Heart Foundation generated $90.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (7.5%) each year. All expenses for the organization totaled $91.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (7.1%) per year over the past 5 years. 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
2022
Describe the Organization's Program Activity:
Part 3
AS A RESULT OF THE SUCCESS OF THE 2022 EVENT ALONG WITH GENERAL CONTRIBUTIONS, TIP YOUR HEART WAS ABLE TO PROVIDE A TOTAL OF $89,304 TO VARIOUS SOCIAL WELFARE ORGANIZATIONS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leo P Burke III President | 0 | $0 | |
Lanise J Burke Secretary | 0 | $0 | |
Sharon Smith Director | 0 | $0 | |
Ruby Sauseda Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $85,450 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $5,363 |
| Other Revenue | $0 |
| Total Revenue | $90,813 |
| 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 | $1,750 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $125 |
| Total expenses | $91,179 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $13,534 |
| Other assets | $0 |
| Total assets | $13,534 |
| Total liabilities | $0 |
| Net assets or fund balances | $13,534 |