Hats That Heal Inc
- Assets
- $10.4k
- Revenue
- $8.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Castle Rock, CO
- Founding
- 03/2018
- Data as of
- 12/2021
- EIN
- 82-4390369
Organization Overview
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 12/2021, Hats That Heal Inc generated $8.4k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 31.1% each year . All expenses for the organization totaled $8.1k during the year ending 12/2021. While expenses have increased by 30.0% 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
2021
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
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Trece Odonnell President | 10 | $0 | |
Molly Odonnell VP | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,462 |
| 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 | $5,931 |
| Other Income | $30 |
| Total Revenue | $8,423 |
| 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 | $5,556 |
| Total operating and administrative expenses | $5,556 |
| Contributions, gifts, grants paid | $2,580 |
| Total expenses and disbursements | $8,136 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,339 |
| 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 | $9,069 |
| 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 | $10,408 |
| Accounts payable and accrued expenses | $104 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $5,294 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $5,398 |
Grants Awarded
Over the last fiscal year, Hats That Heal Inc has awarded $2,580 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Bozeman, MT PURPOSE: CHARITABLE | $2,520 |
CASTLE ROCK HOSPITAL FOUNDATION PURPOSE: CHARITABLE | $60 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Hats That Heal Inc has recieved totaling $2,000.
| Awarding Organization | Amount |
|---|---|
The Fred And Sally Bekins Foundation Omaha, NE PURPOSE: UNSOLICATED REQUEST FOR FUNDS | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nonprofit Management Services Of Colorado Aurora, CO | $2,183,710 | $7,981,086 |
Arizona Blue Stake Inc Tempe, AZ | $5,464,541 | $3,112,118 |
New Mexico One-Call System Inc Albuquerque, NM | $6,452,642 | $2,695,516 |
Kck 501 Minnesota Inc Kansas City, KS | $7,903,151 | $290,000 |
Kansas Fairgrounds Foundation Hutchinson, KS | $577,418 | $672,208 |
Society Of The First Infantry Division Fort Riley, KS | $1,428,330 | $414,887 |
Global One80 Mesa, AZ | $45,038 | $203,788 |
Property Corporation Of Arizona Cities And Towns Phoenix, AZ | $532,847 | $145,723 |
Best Year Yet Foundation Sedalia, CO | $74,553 | $0 |
Fit First Responders Inc Tulsa, OK | $11,512 | $79,474 |
Platte River Veterans Flyfishing Cheyenne, WY | $184,142 | $0 |
Lumen Incorporated Scottsdale, AZ | $0 | $0 |