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Nonprofiteer
← KIDS N HOPE FOUNDATION INC

Form 990 for tax year 2023

Filed by KIDS N HOPE FOUNDATION INC.

Totals

Total revenue
$672,089
Total expenses
$665,766
Contributions and grants received
$677,778
Grants paid
$602,500
Program service revenue
$0
Investment income
$620
Other revenue
-$6,309
Total assets, end of year
$362,061
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$362,061
Program services expenses (Part IX)
$602,500
Management and general expenses
$62,741
Fundraising expenses
$525
Program service expenses (Part III)
$602,500

Program services were 90.5% 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.

  • 1b · Membership dues

    $169,844

  • 1c · Fundraising events

    $176,077

  • 1d · Related organizations

    $310,623

  • 1f · All other contributions, gifts and grants

    $21,234

  • 3 · Investment income

    total $620 · excluded $620

  • 8a · Fundraising events: gross income

    $37,566

  • 8a · Fundraising events: contributions included on line 1c

    $176,077

  • 8b · Fundraising events: direct expenses

    $69,302

  • 8c · Net income from fundraising events

    total -$31,736 · excluded -$31,736

  • 9a · Gaming: gross income

    $27,707

  • 9b · Gaming: direct expenses

    $2,280

  • 9c · Net income from gaming

    total $25,427 · excluded $25,427

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $602,500 · program services $602,500

  • 11a · Fees: management

    total $33,600 · management and general $33,600

  • 11b · Fees: legal

    total $150 · management and general $150

  • 11c · Fees: accounting

    total $11,268 · management and general $11,268

  • 11g · Fees: other

    total $831 · management and general $831

  • 12 · Advertising and promotion

    total $4,507 · management and general $4,507

  • 13 · Office expenses

    total $2,197 · management and general $2,197

  • 14 · Information technology

    total $9,192 · management and general $9,192

  • 16 · Occupancy

    total $12 · management and general $12

  • 19 · Conferences, conventions and meetings

    total $984 · management and general $984

  • 24a · Other expenses: STATE REGISTRATION

    total $525 · fundraising $525

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $355,738 · end of year $362,061

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $355,738 · end of year $362,061

Mission and programs · 2023

Mission

TO PROVIDE CHILDREN'S HEALTH AND LIFE SERVICES, SPECIFICALLY MUSIC THERAPY AT THE CHILDREN'S HOSPITAL OF PHILADELPHIA AND OTHER LOCAL HOSPITALS AND NON-PROFIT ORGANIZATIONS WITHIN AMERICAN HERITAGE CREDIT UNION'S WORKPLACE PARTNERSHIP PROGRAM.

Activities or mission (Part I)

TO PROVIDE CHILDREN'S HEALTH AND LIFE SERVICES, SPECIFICALLY MUSIC THERAPY AT THE CHILDREN'S HOSPITAL OF PHILADELPHIA AND OTHER LOCAL HOSPITALS AND NON-PROFIT ORGANIZATIONS WITHIN AMERICAN HERITAGE FCU'S WORKPLACE PARTNERSHIP PROGRAM.

  • TO SUPPORT CHILDREN'S HOSPITAL OF PHILADELPHIA'S MUSIC THERAPY PROGRAM WHICH IS THE PRESCRIBED USE OF MUSIC BY A QUALIFIED PERSON TO EFFECT POSITIVE CHANGES IN THE PSYCHOLOGICAL, PHYSICAL, COGNITIVE, OR SOCIAL FUNCTIONING OF INDIVIDUALS WITH HEALTH OR EDUCATIONAL PROBLEMS.

    Expenses $500,000 · Grants $500,000

  • TO SUPPORT DOYLESTOWN HOSPITAL FOR THEIR MUSIC THERAPY PLAYGROUND AT THE HOSPITAL.

    Expenses $25,000 · Grants $25,000

  • TO SUPPORT GRAND VIEW HEALTH'S VISITING MUSIC PROGRAM AT THEIR CHILDREN'S CENTER.

    Expenses $10,000 · Grants $10,000

  • ALL OTHER PROGRAM SERVICES INCLUDE DONATIONS TO CATHOLIC COMMUNITY SERVICES, CORA SERVICES, FEDERATION EARLY HEALTH FOUNDATION, AND CHRIST'S HOME INDIVIDUAL DONATIONS RANGED FROM $5,000 TO $10,000 AND ALL SUPPORTED MUSIC AND MUSIC THERAPY AT THE LISTED ORGANIZATIONS.

    Expenses $67,500 · Grants $67,500

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Bruce Foulke

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • Brian Schmitt

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Todd Kimball

    VICE CHAIRPERSON

    Total calculated
    $0
    Hours/week
    1

  • Lisa Perry Harley

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.05

  • Arthur Jones

    DEVELOPMENT OFFICER

    Total calculated
    $0
    Hours/week
    0.05

  • Evaleen Demarco

    MEMBERSHIP OFFICER

    Total calculated
    $0
    Hours/week
    0.05

  • Kathleen S Gorski

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.05

  • Todd Hannigan

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.05

  • David Jacobs

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.05

  • Patrick J Kenney

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.05

  • Jaret Lyons

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.05

  • Mark McGrath

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.05

  • Brian Hahn

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.05

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

The 10 largest by cash amount. The API serves every itemized grant.

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.

  • AMERICAN HERITAGE FEDERAL CREDIT UNION

    501(C)(1) · BANKING · PA

    Directly controlled by YES

Provenance

Return type
form_990
Tax year
2023
Filed
15 May 2024
IRS schema version
2023v5.0
Source object
202411369349309351

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