Hello Seven Foundation is located in Charlotte, NC. According to its NTEE Classification (E42) the organization is classified as: Family Planning, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hello Seven Foundation 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, Hello Seven Foundation generated $58.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (44.0%) each year. All expenses for the organization totaled $18.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (57.4%) per year over the past 2 years. 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
2022
Describe the Organization's Program Activity:
Part 3
HELLO SEVEN FOUNDATION PROVIDES FUNDING FOR LIFE-CHANGING AND LIFE-SAVING SERVICES TO BLACK MOTHERS IN NEED.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rachel Rodgers President | 0 | $0 | |
Dediako Rogers Director | 0 | $0 | |
Brittany Martin Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $58,435 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $58,435 |
| 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 | $2,004 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $16,924 |
| Total expenses | $18,928 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $128,610 |
| Other assets | $0 |
| Total assets | $178,610 |
| Total liabilities | $57,139 |
| Net assets or fund balances | $121,471 |