Skip to content
Nonprofiteer
← CHARLIES HEART FOUNDATION

Form 990 for tax year 2024

Filed by CHARLIES HEART FOUNDATION.

Totals

Total revenue
$314,806
Total expenses
$340,821
Contributions and grants received
$327,591
Grants paid
$241,000
Program service revenue
$0
Investment income
$19,299
Other revenue
-$32,084
Total assets, end of year
$667,285
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$667,285
Program services expenses (Part IX)
$286,500
Management and general expenses
$29,821
Fundraising expenses
$24,500
Program service expenses (Part III)
$286,500

Program services were 84.1% 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.

  • 1c · Fundraising events

    $62,759

  • 1f · All other contributions, gifts and grants

    $264,832

  • 3 · Investment income

    total $18,558 · excluded $18,558

  • 7a · Gross sales of assets other than inventory

    securities $101,832

  • 7b · Less cost or other basis and sales expenses

    securities $101,091

  • 7c · Gain or loss

    securities $741

  • 7d · Net gain or loss

    total $741 · excluded $741

  • 8a · Fundraising events: gross income

    $21,748

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

    $62,759

  • 8b · Fundraising events: direct expenses

    $53,832

  • 8c · Net income from fundraising events

    total -$32,084 · excluded -$32,084

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $241,000 · program services $241,000

  • 11b · Fees: legal

    total $8,063 · management and general $8,063

  • 11c · Fees: accounting

    total $8,820 · management and general $8,820

  • 11g · Fees: other

    total $70,754 · program services $45,500 · management and general $754 · fundraising $24,500

  • 13 · Office expenses

    total $6,186 · management and general $6,186

  • 23 · Insurance

    total $1,081 · management and general $1,081

  • 24a · Other expenses: BANK CHARGES AND FEES

    total $3,461 · management and general $3,461

  • 24b · Other expenses: DUES AND SUBSCRIPTIONS

    total $1,028 · management and general $1,028

  • 24c · Other expenses: TAXES AND LICENSES

    total $428 · management and general $428

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $21,990 · end of year $23,106

  • 2 · Savings and temporary cash investments

    beginning of year $26,751 · end of year $904

  • 11 · Investments: publicly traded securities

    beginning of year $606,690 · end of year $635,275

  • 15 · Other assets

    beginning of year $0 · end of year $8,000

  • 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 $655,431 · end of year $667,285

Mission and programs · 2024

Mission

EMPOWERING FAMILIES TO STAY TOGETHER WHEN FACED WITH DIFFICULT LIFE CIRCUMSTANCES.

  • TO SUPPORT SMALL NONPROFITS BY FUNDING INNOVATIVE PROGRAMS DESIGNED TO IMPROVE THE LIVES OF AT-RISK AND VULNERABLE FAMILIES.

    Expenses $286,500 · Grants $241,000

As filed on the 2024 return.

Listed in Part VII

  • REBECCA HOLT

    DIRECTOR/PRESIDENT

    Total calculated
    $0
    Hours/week
    15

  • MICHAEL HOLT

    DIRECTOR/VP/TREASURER

    Total calculated
    $0
    Hours/week
    10

  • SARA HYDEN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • SALLY LOFTIS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • HEATHER WALLACE

    SECRETARY

    Total calculated
    $0
    Hours/week
    10

  • DIANA MOSER-BURG

    BOARD MEMBER

    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

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

Provenance

Return type
form_990
Tax year
2024
Filed
15 May 2025
IRS schema version
2024v5.1
Source object
202501539349301150

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.