Hats That Heal Inc is located in Castle Rock, CO. The organization was established in 2018. According to its NTEE Classification (W19) the organization is classified as: Support N.E.C., under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hats That Heal Inc 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 12/2023, Hats That Heal Inc generated $4.3k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $2.1k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE HAND-MADE KNITTED HATS TO CHARITABLE ORGANIZATIONS WHO ASSIST ADULTS & FAMILIES IN NEED OF SUPPORT DUE TO MEDICAL OR FINANCIAL MISFORTUNE -
CONTINUED HATS WERE PROVIDED TO PARTICIPANTS OF CASTING FOR RECOVERY A CHARITABLE ORGANIZATION THAT SPONSORS FREE COLORADO FLY FISHING RETREATS FOR WOMEN
CONTINUED WITH BREAST CANCER
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
Trece Odonnell President  | 10 | $0 | |
Molly Cognetti VP  | 3 | $0 | 
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,745 | 
| 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 | $430 | 
| Other Income | $164 | 
| Total Revenue | $4,339 | 
| 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 | $0 | 
| Printing and publications | $0 | 
| Other expenses | $758 | 
| Total operating and administrative expenses | $758 | 
| Contributions, gifts, grants paid | $1,355 | 
| Total expenses and disbursements | $2,113 | 
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,318 | 
| 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 | $10,099 | 
| 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 | $11,417 | 
| Accounts payable and accrued expenses | $0 | 
| Grants payable | $0 | 
| Deferred revenue | $0 | 
| Loans and other payables to any current Officer, Director, or Controlling Person | $2,597 | 
| Mortgages and other notes payable | $0 | 
| Other liabilities | $0 | 
| Total liabilities | $2,597 | 
Over the last fiscal year, Hats That Heal Inc has awarded $1,355 in support to 3 organizations.
| Grant Recipient | Amount | 
|---|---|
CASTING FOR RECOVERY PURPOSE: CHARITABLE  | $570 | 
CASTLE ROCK HOSPITAL FOUNDATION PURPOSE: CHARITABLE  | $120 | 
ALTERNATIVES PREGNANCY CENTER PURPOSE: CHARITABLE  | $665 |