Skip to content
Nonprofiteer
← PAINTING HOPE INC

Form 990 for tax year 2023

Filed by PAINTING HOPE INC.

Totals

Total revenue
$630,392
Total expenses
$726,813
Contributions and grants received
$630,382
Grants paid
$309,160
Program service revenue
$0
Investment income
$10
Other revenue
$0
Total assets, end of year
$674,458
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$674,458
Program services expenses (Part IX)
$499,303
Management and general expenses
$227,510
Fundraising expenses
$0
Program service expenses (Part III)
$499,303

Program services were 68.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $630,382

  • 3 · Investment income

    total $10 · related or exempt $10

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $303,260 · program services $303,260

  • 2 · Grants to domestic individuals

    total $5,900 · program services $5,900

  • 11a · Fees: management

    total $221,651 · management and general $221,651

  • 11c · Fees: accounting

    total $3,835 · program services $3,835

  • 11g · Fees: other

    total $42,292 · program services $36,433 · management and general $5,859

  • 12 · Advertising and promotion

    total $521 · program services $521

  • 13 · Office expenses

    total $8,895 · program services $8,895

  • 17 · Travel

    total $8,277 · program services $8,277

  • 19 · Conferences, conventions and meetings

    total $2,000 · program services $2,000

  • 22 · Depreciation, depletion and amortization

    total $51,071 · program services $51,071

  • 23 · Insurance

    total $11,921 · program services $11,921

  • 24a · Other expenses: Auto & Parking

    total $13,428 · program services $13,428

  • 24b · Other expenses: Supplies

    total $37,350 · program services $37,350

  • 24c · Other expenses: Repairs & Maint

    total $3,243 · program services $3,243

  • 24d · Other expenses: Meals

    total $4,968 · program services $4,968

  • 24e · All other expenses

    total $8,201 · program services $8,201

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $644,984 · end of year $506,290

  • 7 · Other notes and loans receivable

    beginning of year $16,000 · end of year $16,000

  • 10a · Land, buildings and equipment: cost or other basis

    $288,555

  • 10b · Land, buildings and equipment: accumulated depreciation

    $156,250

  • 10c · Land, buildings and equipment, net

    beginning of year $94,742 · end of year $132,305

  • 15 · Other assets

    beginning of year $19,863 · end of year $19,863

  • 27 · Net assets without donor restrictions

    beginning of year $775,589 · end of year $674,458

Mission and programs · 2023

Mission

Painting Hope is a live art performance and presentation by Eric Samuel Timm that brings hope, inspiration, and empowerment to audiences internationally.

  • Painting hope offers this live art performances and messages for four fundraising initiatives in partnership with other non-profits to assist them in advocacy for the worlds most vulnerable children through sponsorship, to support character development in Public and Private Schools with partnership with educators, and to corporate events for the inspiration and development of teams resulting in increased business productivity.

    Expenses $499,303 · Grants $309,160 · Revenue $630,382

As filed on the 2023 return.

Listed in Part VII

  • Eric Timm

    President

    Total calculated
    $221,651
    From this org
    $221,651
    From related orgs
    $0
    Other
    $0
    Hours/week
    20

    Schedule J breakdown matched by us

    Base
    not reported
    Bonus
    not reported
    Other
    $221,651
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $221,651

  • Christy Cass

    Secretary

    Total calculated
    $0
    Hours/week
    0

  • Andy Cass

    Treasurer

    Total calculated
    $0
    Hours/week
    0

  • Danielle Timm

    Vice-President

    Total calculated
    $0
    Hours/week
    0

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Independent compensation consultant
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Provenance

Return type
form_990
Tax year
2023
Filed
23 July 2024
IRS schema version
2023v5.1
Source object
202433199349312438

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.