Hines Family Foundation For Education Innovation And Service C
- Assets
- $72.8k
- Revenue
- $88.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 01/2018
- Data as of
- 12/2022
- EIN
- 82-1268652
Organization Overview
Hines Family Foundation For Education Innovation And Service C is located in Atlanta, GA. The organization was established in 2018. 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. Hines Family Foundation For Education Innovation And Service C 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, Hines Family Foundation For Education Innovation And Service C generated $88.0k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 15.0% each year . All expenses for the organization totaled $73.3k during the year ending 12/2022. While expenses have increased by 3.1% per year over the past 4 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
STEM ACTIVIES - FACILITATE SUBJECT-MATTER GUIDANCE FINANCIAL RESOURCES AND OPPORTUNITIES FOR INDIVIDUALS AND ORGANIZATIONS THROUGH PROMOTING TECHNOLOGICAL ACHIEVEMENT THROUGH INNOVATIVE APPLICATION OF TECHNOLOGIES AND SUPPORT.
HFF IMPACT SCHOLARSHIP - ACADEMIC MERIT-BASED GRADUATE AND UNDERGRADUATE SCHOLARSHIPS TO EXCEPTIONAL STUDENTS WHO HAVE DEMONSTRATED EXCELLENCE IN ACADEMICS EXTRA-CURRICULAR ACTIVITIES LEADERSHIP AND COMMUNITY SERVICE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Wesley Hines CEO Chairman | 28 | $0 | |
Harold Boone Jr CFO Secretary | 1 | $0 | |
Laura L Mcarthur Hines Treasurer | 4 | $0 | |
Donald G James Director | 1 | $0 | |
Greg Kovacs Technology Director | 1 | $0 | |
Ingrid Ellerbe Director Of Operations & Stem Education | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $88,034 |
| 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 | $88,034 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $878 |
| Printing and publications | $0 |
| Other expenses | $44,576 |
| Total operating and administrative expenses | $52,653 |
| Contributions, gifts, grants paid | $20,650 |
| Total expenses and disbursements | $73,303 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $72,800 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $72,800 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Hines Family Foundation For Education Innovation And Service C has awarded $20,650 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
JAMI FRIEDRICH PURPOSE: FELLOWSHIP & SCHOLARSHIP AWARDS | $6,650 |
SUBSUME MEDIA PURPOSE: FELLOWSHIP & SCHOLARSHIP AWARDS | $4,500 |
CHELSEA ROBINSON PURPOSE: FELLOWSHIP & SCHOLARSHIP AWARDS | $2,500 |
NIKHIL NAIR PURPOSE: FELLOWSHIP & SCHOLARSHIP AWARDS | $1,500 |
URIEL HERRERA PURPOSE: FELLOWSHIP & SCHOLARSHIP AWARDS | $4,000 |
GITIKA GORTHI PURPOSE: FELLOWSHIP & SCHOLARSHIP AWARDS | $1,500 |