Form 990 for tax year 2023
Filed by GOOD HEARTS YOUTH AND FAMILYSERVICES INC.
This return was superseded by a later amendment. matched by us It is kept because history is preserved rather than replaced.
What the amendment changed
Compared with the latest return for 2023 , filed 20 November 2024. matched by us Only the Part I totals and the names listed in Part VII are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.
Both are the same on the two returns, so the amendment changed something else.
Totals
- Total revenue
- $1,770,166
- Total expenses
- $1,777,849
- Contributions and grants received
- $400
- Grants paid
- $0
- Program service revenue
- $1,769,766
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $558,815
- Total liabilities, end of year
- $476,372
- Net assets or fund balances, end of year
- $82,443
- Program services expenses (Part IX)
- $1,155,514
- Management and general expenses
- $622,335
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,155,514
Program services were 65.0% 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
$400
-
2a · Program service revenue: FOSTER CARE
total $1,742,966 · related or exempt $1,742,966
-
2b · Program service revenue: ADOPTION
total $26,800 · related or exempt $26,800
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $142,924 · management and general $142,924
-
7 · Other salaries and wages
total $272,658 · program services $256,783 · management and general $15,875
-
9 · Other employee benefits
total $48,977 · program services $30,984 · management and general $17,993
-
10 · Payroll taxes
total $34,095 · program services $21,390 · management and general $12,705
-
11b · Fees: legal
total $17,048 · management and general $17,048
-
11c · Fees: accounting
total $90,889 · management and general $90,889
-
11g · Fees: other
total $47,518 · program services $4,800 · management and general $42,718
-
13 · Office expenses
total $26,470 · program services $56 · management and general $26,414
-
14 · Information technology
total $31,348 · management and general $31,348
-
17 · Travel
total $18,907 · program services $11,688 · management and general $7,219
-
20 · Interest
total $5,246 · management and general $5,246
-
23 · Insurance
total $32,261 · management and general $32,261
-
24a · Other expenses: FOSTER PARENT PAYMENTS
total $785,156 · program services $785,156
-
24b · Other expenses: AMORTIZATION-OPER LEASE
total $97,018 · management and general $97,018
-
24c · Other expenses: CREDIT LOSSES
total $54,843 · management and general $54,843
-
24d · Other expenses: FOSTER PARENT RELATIONS
total $35,016 · program services $35,016
-
24e · All other expenses
total $37,475 · program services $9,641 · management and general $27,834
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $19,060
-
4 · Accounts receivable
beginning of year $196,015 · end of year $254,068
-
9 · Prepaid expenses and deferred charges
beginning of year $1,028 · end of year $6,335
-
15 · Other assets
beginning of year $395,800 · end of year $298,412
-
17 · Accounts payable and accrued expenses
beginning of year $124,877 · end of year $167,029
-
23 · Secured mortgages and notes payable
beginning of year $9,100
-
25 · Other liabilities
beginning of year $387,800 · end of year $309,343
-
27 · Net assets without donor restrictions
beginning of year $90,126 · end of year $82,443
Mission and programs · 2023
Mission
THE ORGANIZATION'S MISSION IS TO PROVIDE A SOLID FOUNDATION FOR CHILDREN IN CARE, IN ORDER TO DEVELOP NURTURING RELATIONSHIPS THAT PROMOTE CHRISTIAN RESPONSIBILITY AS CONTRIBUTING MEMBERS OF SOCIETY. GOOD HEARTS STRIVES TO TRAIN THEIR FOSTER PARENTS TO BE NOT JUST FOSTER PARENTS, BUT TO BE PARENTS TO THE CHILDREN PLACED IN THEIR CARE.
-
FOSTER CARE - PROVIDE BASIC, THERAPEUTIC, AND HABILATATIVE FOSTER CARE AND ADOPTIONS
Expenses $1,155,514 · Revenue $1,769,766
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
ELIZAH RAY RIGGINS
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
BEVELYN JORDAN
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
JOYCE WATSON WALKER
EXEC DIR/SEC
- Total calculated
- $142,924
- From this org
- $142,924
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
EDWARD HILLMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 15 November 2024
- IRS schema version
- 2023v5.0
- Source object
- 202423209349307702
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