Totals
- Total revenue
- $1,402,441
- Total expenses
- $1,262,729
- Contributions and grants received
- $580,504
- Grants paid
- $0
- Program service revenue
- $43,966
- Investment income
- $739,314
- Other revenue
- $38,657
- Total assets, end of year
- $9,104,416
- Total liabilities, end of year
- $59,590
- Net assets or fund balances, end of year
- $9,044,826
- Program services expenses (Part IX)
- $1,114,609
- Management and general expenses
- $148,120
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,114,609
Program services were 88.3% 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
$580,504
-
2a · Program service revenue: Book sales
total $1,049 · related or exempt $1,049
-
2b · Program service revenue: Other
total $13,095 · related or exempt $13,095
-
2c · Program service revenue: Public speaking
total $11,500 · related or exempt $11,500
-
2d · Program service revenue: Registration revenue
total $18,322 · related or exempt $18,322
-
3 · Investment income
total $477,985 · related or exempt $477,985
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $5,657 · related or exempt $5,657
-
6a · Gross rents
real property $33,000
-
6c · Rental income or loss
real property $33,000
-
6d · Net rental income or loss
total $33,000 · excluded $33,000
-
7a · Gross sales of assets other than inventory
securities $261,329
-
7c · Gain or loss
securities $261,329
-
7d · Net gain or loss
total $261,329 · related or exempt $261,329
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $12,816 · program services $6,408 · management and general $6,408
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $271,436 · program services $230,721 · management and general $40,715
-
8 · Pension plan contributions
total $7,390 · program services $6,281 · management and general $1,109
-
9 · Other employee benefits
total $32,160 · program services $27,336 · management and general $4,824
-
10 · Payroll taxes
total $23,441 · program services $19,925 · management and general $3,516
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $585 · program services $527 · management and general $58
-
11c · Fees: accounting
total $7,925 · program services $7,133 · management and general $792
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $52,221 · program services $46,999 · management and general $5,222
-
11g · Fees: other
total $49,206 · program services $44,285 · management and general $4,921
-
12 · Advertising and promotion
total $520 · program services $468 · management and general $52
-
13 · Office expenses
total $0
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $183,540 · program services $165,186 · management and general $18,354
-
17 · Travel
total $94,659 · program services $85,193 · management and general $9,466
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $105,913 · program services $95,322 · management and general $10,591
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $80,330 · program services $72,297 · management and general $8,033
-
23 · Insurance
total $5,891 · program services $5,302 · management and general $589
-
24a · Other expenses: Other ministries
total $242,189 · program services $217,970 · management and general $24,219
-
24b · Other expenses: Telephone
total $30,057 · program services $27,051 · management and general $3,006
-
24c · Other expenses: Office supplies
total $20,190 · program services $18,171 · management and general $2,019
-
24d · Other expenses: Dues & subscriptions
total $14,138 · program services $12,724 · management and general $1,414
-
24e · All other expenses
total $28,122 · program services $25,310 · management and general $2,812
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $63,999 · end of year $101,078
-
2 · Savings and temporary cash investments
beginning of year $1,623,806 · end of year $4,309,975
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
beginning of year -$2,256 · end of year $8,892
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $857 · end of year $644
-
10a · Land, buildings and equipment: cost or other basis
$3,773,119
-
10b · Land, buildings and equipment: accumulated depreciation
$1,152,711
-
10c · Land, buildings and equipment, net
beginning of year $2,605,301 · end of year $2,620,408
-
11 · Investments: publicly traded securities
beginning of year $4,382,618 · end of year $1,860,357
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
beginning of year $9,964 · end of year $9,296
-
15 · Other assets
beginning of year $239,836 · end of year $193,766
-
17 · Accounts payable and accrued expenses
beginning of year $20,854 · end of year $59,589
-
25 · Other liabilities
end of year $1
-
31 · Retained earnings, endowment or other funds
beginning of year $8,903,271 · end of year $9,044,826
Mission and programs · 2023
Mission
Acts of Mercy Foundation will conduct activities to advance the Christian faith. Specifically, the Foundation will work to fund and promote, among other things, Christian ministry and outreach activities to the poor, the distressed or the underprivileged, church planting, caring for the sick, Christian education and evangelism and promote awareness of mental illness.
Activities or mission (Part I)
To fund and promote, among other things, Christian ministry and outreach activities to the poor, the distressed or the underprivileged, church planting, caring for the sick, Christian education and evangelism and promote awareness of mental illness.
-
In 2023, the Acts of Mercy Foundation continued its focus on mental health and suicide prevention. In partnership with Saddleback Church, Kay Warren collaborated with the Hope for Mental Health ministry to hold monthly community gatherings for individuals living with mental illness, family members, and individuals looking to serve with the ministry. Kay also continued to offer more support to individuals, families, and faith leaders through in person retreats as well as in an online format. She created ways for Breathe, her ministry to parents of kids living with mental illness, to offer extended support through online retreats.
Expenses $1,114,609
As filed on the 2023 return.
Listed in Part VII
-
Kelly Rosati
Director
- Total calculated
- $13,175
- From this org
- $12,816
- From related orgs
- $0
- Other
- $359
- Hours/week
- 5
-
Steve Merriman
Director
- Total calculated
- $0
- Hours/week
- 3
-
Richard D Warren
Director
- Total calculated
- $0
- Hours/week
- 3
-
William Moritz
Director
- Total calculated
- $0
- Hours/week
- 3
-
Elizabeth K Warren
President
- Total calculated
- $0
- Hours/week
- 40
-
Sylvia Kim
CFO
- Total calculated
- $0
- Hours/week
- 3
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.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
The New Horizons Foundation Inc
501(c)(3) · Charitable · CO
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 14 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202413199349313101
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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