Compassion Health Foundation Inc is located in Miami Beach, FL. According to its NTEE Classification (F20) the organization is classified as: Substance Abuse Dependency, Prevention & Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Compassion Health 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 12/2023, Compassion Health Foundation Inc generated $137.9k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 47.1% each year . All expenses for the organization totaled $145.2k during the year ending 12/2023. While expenses have increased by 45.1% per year over the past 3 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION'S PROGRAM IS INTENDED TO PROVIDE SUPPORT FOR 2 TO 4 501(C)(3) ORGANIZATIONS EVERY YEAR THAT SHARE AND EMBRACE THE ORGANIZATION'S MISSION, AND AS THE COMPASSIONATE HEALTH FOUNDATION, INC. GROWS, IT WILL PROVIDE FUNDS EVERY YEAR TO TWO INDIVIDUALS THAT CANNOT AFFORD TREATMENT AND/OR A COMPONENT OF THEIR TREATMENT. THE ORGANIZATION RAISED AWARENESS THROUGH VARIOUS LUNCH & LEARNS AT MEMORIAL HOSPITAL, MOUNT SINAI MEDICAL CENTER, UNIVERSITY OF MIAMI, AND FLORIDA PANTHERS HOCKEY, AND THE SUMMER SOIREE KICK-OFF BUILDING AWARENESS AND MARKETING THROUGH THE MIAMI YOUNG PROFESSIONALS.DURING 2021 THE ORGANIZATION ACHIEVED THE GOALS OF REACHING 2 LEADING ORGANIZATIONS IN MENTAL & BEHAVIORAL HEALTH: MOUNT SINAI MEDICAL CENTER $15,000 THE BOUGAINVILLA HOUSE $2,500
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Maria E Sanchez Hunt President | 30 | $0 | |
Evan Kluge Board Member | 1 | $0 | |
Carolina Sanchez Board Member | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $132,750 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $5,198 |
Other Revenue | $0 |
Total Revenue | $137,948 |
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 | $41,495 |
Occupancy, rent, utilities, and maintenance | $1,293 |
Printing, publications, postage, and shipping | $54 |
Other expenses | $33,220 |
Total expenses | $145,223 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $40,149 |
Other assets | $0 |
Total assets | $40,149 |
Total liabilities | $17,282 |
Net assets or fund balances | $22,867 |