Totals
- Total revenue
- $839,396
- Total expenses
- $736,961
- Contributions and grants received
- $828,029
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $11,367
- Other revenue
- $0
- Total assets, end of year
- $683,590
- Total liabilities, end of year
- $46,748
- Net assets or fund balances, end of year
- $636,842
- Program services expenses (Part IX)
- $610,405
- Management and general expenses
- $57,898
- Fundraising expenses
- $68,658
- Program service expenses (Part III)
- $610,405
Program services were 82.8% 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.
-
1a · Federated campaigns
$0
-
1b · Membership dues
$0
-
1c · Fundraising events
$0
-
1d · Related organizations
$0
-
1e · Government grants (contributions)
$0
-
1f · All other contributions, gifts and grants
$828,029
-
1g · Noncash contributions included above
$133,518
-
3 · Investment income
total $7,767 · related or exempt $0 · unrelated business $0 · excluded $7,767
-
4 · Income from investment of tax-exempt bond proceeds
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
5 · Royalties
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
7a · Gross sales of assets other than inventory
securities $0 · other assets $3,600
-
7b · Less cost or other basis and sales expenses
securities $0 · other assets $0
-
7c · Gain or loss
securities $0 · other assets $3,600
-
7d · Net gain or loss
total $3,600 · related or exempt $0 · unrelated business $0 · excluded $3,600
-
8a · Fundraising events: contributions included on line 1c
$0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $56,975 · program services $28,488 · management and general $14,244 · fundraising $14,243
-
7 · Other salaries and wages
total $112,555 · program services $85,998 · management and general $8,125 · fundraising $18,432
-
8 · Pension plan contributions
total $0
-
10 · Payroll taxes
total $13,122 · program services $8,862 · management and general $1,731 · fundraising $2,529
-
11c · Fees: accounting
total $6,800 · program services $0 · management and general $6,800 · fundraising $0
-
11e · Fees: professional fundraising services
total $0
-
11g · Fees: other
total $34,056 · management and general $6,462 · fundraising $27,594
-
12 · Advertising and promotion
total $893 · program services $0 · management and general $0 · fundraising $893
-
13 · Office expenses
total $11,752 · program services $9,402 · management and general $2,350 · fundraising $0
-
16 · Occupancy
total $53,718 · program services $47,809 · management and general $5,909 · fundraising $0
-
22 · Depreciation, depletion and amortization
total $10,781 · program services $6,671 · management and general $4,110 · fundraising $0
-
23 · Insurance
total $19,827 · program services $17,646 · management and general $2,181 · fundraising $0
-
24a · Other expenses: Program Costs (Projects)
total $385,750 · program services $385,750 · management and general $0 · fundraising $0
-
24b · Other expenses: Telephone
total $5,093 · program services $4,074 · management and general $1,019 · fundraising $0
-
24c · Other expenses: Volunteer and Other Costs
total $1,504 · program services $1,504 · management and general $0 · fundraising $0
-
24d · Other expenses: Miscellaneous
total $24,135 · program services $14,201 · management and general $4,967 · fundraising $4,967
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $169,693 · end of year $318,914
-
2 · Savings and temporary cash investments
beginning of year $326,148 · end of year $278,080
-
8 · Inventories for sale or use
beginning of year $12,788 · end of year $13,750
-
9 · Prepaid expenses and deferred charges
beginning of year $4,587 · end of year $4,089
-
10a · Land, buildings and equipment: cost or other basis
$134,088
-
10b · Land, buildings and equipment: accumulated depreciation
$113,995
-
10c · Land, buildings and equipment, net
beginning of year $23,870 · end of year $20,093
-
15 · Other assets
beginning of year $77,915 · end of year $48,664
-
17 · Accounts payable and accrued expenses
beginning of year $8,679 · end of year $4,084
-
25 · Other liabilities
beginning of year $71,915 · end of year $42,664
-
27 · Net assets without donor restrictions
beginning of year $478,545 · end of year $556,842
-
28 · Net assets with donor restrictions
beginning of year $55,862 · end of year $80,000
Mission and programs · 2024
Mission
The mission of Hearts for Homes is to improve the living conditions of low-income senior homeowners in Denton County. Hearts for Homes is a nonprofit Christian outreach providing hope and dignity through home rehabilitation, affording low-income seniors, ages 60 and older, a safe, comfortable, and well-functioning home.
-
The mission of Hearts for Homes is to improve the living conditions of low-income senior homeowners in Denton County. Hearts for Homes is a nonprofit Christian outreach providing hope and dignity through home rehabilitation, affording low-income seniors, ages 60 and older, a safe, comfortable, and well-functioning home.
Expenses $610,405
As filed on the 2024 return.
Listed in Part VII
-
Susan Frank
CEO
- Total calculated
- $56,975
- From this org
- $56,975
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Brett Walford
President
- Total calculated
- $0
- Hours/week
- 1
-
Mike Vance
Vice President
- Total calculated
- $0
- Hours/week
- 0.5
-
Janet Shelton
Treasurer
- Total calculated
- $0
- Hours/week
- 5
-
Don Armstrong
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Jeff Bennett
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Andy Braack
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Lisa Cave
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Ron Strelke
Director
- Total calculated
- $0
- Hours/week
- 1
-
Sam Williamson
Director
- Total calculated
- $0
- Hours/week
- 0.5
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
- 2024
- Filed
- 3 November 2025
- IRS schema version
- 2024v5.0
- Source object
- 202523179349305027
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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