Hey Friend Foundation Inc
- Assets
- $471.6k
- Revenue
- $800.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Red Bank, NJ
- Founding
- 08/2019
- Data as of
- 12/2021
- EIN
- 83-2066616
Organization Overview
Hey Friend Foundation Inc is located in Red Bank, NJ. The organization was established in 2019. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Hey Friend Foundation 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, Hey Friend Foundation Inc generated $800.0k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 27.6% each year . All expenses for the organization totaled $791.9k during the year ending 12/2021. 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
THE FOUNDATION RESCUES, REHABILITATES AND PROVIDES HOUSING FOR LOST, NEGLECTED AND ABUSED FARM ANIMALS.
THE FOUNDATION IS ENGAGED IN EDUCATION OF HEALTHY, SUSTAINABLE, AND KIND LIVING THROUGH SPONSORSHIP OF ONLINE CONTENT AS WELL AS YOUTH AND ADULT LECTURES AND EVENTS IN NUTRITION, WELLNESS, MINDFULNESS, GARDENING, AND ETHICAL CARE FOR ANIMALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jillian Hedglin Director Of Shelter | 40 | $73,500 | |
Kathryn Thorpe Director Of Shelter | 40 | $50,447 | |
Vyolet Katchisin Secretary & Treasurer | 25 | $16,130 | |
Tracey Stewart President, Board Chair | 25 | $0 | |
Jon Stewart Board Trustee | 15 | $0 | |
Dorr Begnal Board Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $800,000 |
| 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 | $800,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $16,130 |
| Other employee salaries and wages | $225,477 |
| Pension plans, employee benefits | $60,581 |
| Interest | $0 |
| Taxes | $24,345 |
| Depreciation | $65,266 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $75 |
| Other expenses | $378,165 |
| Total operating and administrative expenses | $781,033 |
| Contributions, gifts, grants paid | $10,825 |
| Total expenses and disbursements | $791,858 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $95,595 |
| 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 | $375,969 |
| Other assets | $0 |
| Total assets | $471,564 |
| Accounts payable and accrued expenses | $21,975 |
| 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 | $21,975 |
Peer Organizations
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|---|---|---|
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Jader Trust 4 New York, NY | $1,054,851,689 | $157,383,970 |
Rockefeller Family Fund Inc New York, NY | $156,631,848 | $43,772,368 |
Shapiro-Silverberg Foundation New York, NY | $41,665,129 | $24,069,378 |
Hess Philanthropic Fund New York, NY | $231,447,732 | $32,591,174 |
Edith L Trees Charitable Trust Pittsburgh, PA | $351,552,610 | $23,983,044 |
Natural Heritage Trust Albany, NY | $68,314,961 | $23,861,363 |
Hollow Metal Trust Fund New York, NY | $38,290,021 | $12,661,866 |
Adp Foundation Roseland, NJ | $23,560,078 | $20,725,290 |
Foundation Berma New York, NY | $320,553,699 | $33,382,644 |
Bam Endowment Trust Brooklyn, NY | $106,959,115 | $5,566,840 |