Heard Foundation Inc
- Assets
- $99.3k
- Revenue
- $81.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Quitman, MS
- Founding
- Data as of
- 12/2023
- EIN
- 88-2551601
Organization Overview
Heard Foundation Inc is located in Quitman, MS. According to its NTEE Classification (P52) the organization is classified as: Transportation Assistance, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Heard 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, Heard Foundation Inc generated $81.5k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 27.7% each year . All expenses for the organization totaled $30.6k 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
ASSIST ELDERLY, DISABLED AND OTHERS IN NEED OF COMMUNITY TRANSPORTATION.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Raymond L Heard President | 10 | $0 | |
Leticia Leialoha Heard Vice President | 2 | $0 | |
Janice Johnson Secretary | 1.5 | $0 | |
Gwen Mcgee Treasurer | 1.5 | $0 | |
Joyce Taylor Director | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $81,474 |
| 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 | $81,474 |
| 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 | $21,800 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,673 |
| Total operating and administrative expenses | $30,293 |
| Contributions, gifts, grants paid | $350 |
| Total expenses and disbursements | $30,643 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,100 |
| 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 | $87,200 |
| Other assets | $0 |
| Total assets | $99,300 |
| Accounts payable and accrued expenses | $0 |
| 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 | $28 |
| Total liabilities | $28 |
Grants Awarded
Over the last fiscal year, Heard Foundation Inc has awarded $350 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
ZETA PHI BETA SORORITY PURPOSE: SCHOLARSHIPS AND COMMUNITY SERVICE PROGRAMS | $100 |
ELWOOD CHURCH OF GOD PURPOSE: AMORY STORM VICTIMS RELIEF | $250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Senior Ride Nashville Inc Nashville, TN | $251,797 | $578,719 |
Explore Bike Share Inc Memphis, TN | $1,301,192 | $937,685 |
Philadelphia Transit Philadelphia, MS | $270,649 | $668,717 |
Pilots For Patients Monroe, LA | $1,156,087 | $427,056 |
Wilson Rides Inc Mount Juliet, TN | $57,720 | $142,612 |
Midsouth Hope Garage Lamar, MS | $136,642 | $254,933 |
Care Assurance System For The Aging And Homebound Casa Of Jackson Coun Scottsboro, AL | $270,676 | $0 |
Itn Memphis Memphis, TN | $102,015 | $0 |
Services Incorporated Jacksboro, TN | $454,576 | $0 |
Heard Foundation Inc Quitman, MS | $99,300 | $81,474 |
Sequatchie County Cancer Support Network Inc Dunlap, TN | $191,084 | $0 |
Freedom Aviation Network Nashville, TN | $37,591 | $0 |
Climb-Up Inc Tupelo, MS | $445,432 | $122,111 |
Hot Springs Village Transportion Group Hot Springs Village, AR | $111,403 | $0 |
Kavs Transport Ponchatoula, LA | $0 | $0 |