Totals
- Total revenue
- $1,802,920
- Total expenses
- $1,509,137
- Contributions and grants received
- $1,757,141
- Grants paid
- $0
- Program service revenue
- $4,128
- Investment income
- $214
- Other revenue
- $41,437
- Total assets, end of year
- $2,900,296
- Total liabilities, end of year
- $716
- Net assets or fund balances, end of year
- $2,899,580
- Program services expenses (Part IX)
- $1,281,841
- Management and general expenses
- $145,584
- Fundraising expenses
- $81,712
- Program service expenses (Part III)
- $1,281,841
Program services were 84.9% 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
$487,706
-
1f · All other contributions, gifts and grants
$1,269,435
-
1g · Noncash contributions included above
$143,524
-
2a · Program service revenue: QUALITY OF LIFE
total $4,128 · related or exempt $4,128
-
3 · Investment income
total $340 · excluded $340
-
6a · Gross rents
real property $10,978
-
6b · Less rental expenses
real property $23,940
-
6c · Rental income or loss
real property -$12,962
-
6d · Net rental income or loss
total -$12,962 · related or exempt -$12,962
-
7b · Less cost or other basis and sales expenses
securities $126
-
7c · Gain or loss
securities -$126
-
7d · Net gain or loss
total -$126 · related or exempt -$126
-
8a · Fundraising events: gross income
$270,152
-
8a · Fundraising events: contributions included on line 1c
$487,706
-
8b · Fundraising events: direct expenses
$215,973
-
8c · Net income from fundraising events
total $54,179
-
10a · Gross sales of inventory
$220
-
10c · Net income from sales of inventory
total $220 · related or exempt $220
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $83,262 · program services $60,162 · management and general $16,500 · fundraising $6,600
-
7 · Other salaries and wages
total $152,981 · program services $15,298 · management and general $76,491 · fundraising $61,192
-
9 · Other employee benefits
total $12,625 · program services $1,262 · management and general $6,313 · fundraising $5,050
-
10 · Payroll taxes
total $22,174 · program services $2,217 · management and general $11,087 · fundraising $8,870
-
11c · Fees: accounting
total $1,800 · management and general $1,800
-
13 · Office expenses
total $34,493 · program services $3,449 · management and general $31,044
-
22 · Depreciation, depletion and amortization
total $2,445 · program services $2,445
-
23 · Insurance
total $2,349 · management and general $2,349
-
24a · Other expenses: QUALITY LIFE IMPROVEMENTS
total $459,277 · program services $459,277
-
24b · Other expenses: LIFE SUSTAINING SUPPORT
total $410,476 · program services $410,476
-
24c · Other expenses: EDUCATION
total $293,951 · program services $293,951
-
24d · Other expenses: CREDIT CARD PROCESS FEES
total $33,304 · program services $33,304
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,048,213 · end of year $1,391,296
-
2 · Savings and temporary cash investments
beginning of year $1,107,398 · end of year $1,070,962
-
10a · Land, buildings and equipment: cost or other basis
$545,870
-
10b · Land, buildings and equipment: accumulated depreciation
$107,832
-
10c · Land, buildings and equipment, net
beginning of year $452,320 · end of year $438,038
-
25 · Other liabilities
beginning of year $51,814 · end of year $716
-
27 · Net assets without donor restrictions
beginning of year $2,475,008 · end of year $2,707,307
-
28 · Net assets with donor restrictions
beginning of year $81,109 · end of year $192,273
Mission and programs · 2022
Mission
TO PROVIDE CHILDREN IN DIRE NEED OF THE NECESSITIES OF SHELTER, FOOD, CLOTHING, EDUCATION AND HEALTHCARE.
-
LIFE SUSTAINING SUPPORT: THROUGH THIS PROGRAM CORAZON DE VIDA FOUNDATION PROVIDES ASSISTANCE FOR THE BASIC NECESSITIES OF LIFE - DRINKING WATER, GAS/PROPANE AND ELECTRICITY AS WELL AS FRESH FRUITS, VEGETABLES, PROTEIN AND DAIRY TO ENSURE A NUTRITIOUS DIET. WE BELIEVE THAT EVERY CHILD'S LIFE HAS VALUE AND HOLDS THE SAME POTENTIAL, EXCITEMENT AND OPPORTUNITY AS ANY OTHER LIFE. IT IS UP TO US TO WORK TOGETHER TO MAKE SURE OUR CARE TRANSFORMS INTO EACH CHILD'S HOPE FOR THE FUTURE.
Expenses $434,541
-
QUALITY OF LIFE IMPROVEMENT: THROUGH THIS PROGRAM, CORAZON DE VIDA FOUNDATION PROVIDES ASSISTANCE FOR MEDICAL AND DENTAL SERVICES, TO INCLUDE ORGANIZING MEDICAL AND DENTAL MISSIONS TO ENSURE BASIC HEALTH. OTHER IMPROVEMENTS INCLUDE FACILITIES IMPROVEMENTS TO ENSURE SAFETY AND WELL BEING AND VOLUNTEER VISITS TO PROVIDE THE MUCH NEEDED LOVE AND ATTENTION.
Expenses $476,336
-
EDUCATION: THROUGH THIS PROGRAM, CORAZON DE VIDA FOUNDATION PROVIDES ASSISTANCE WITH PRIMARY, JR. HIGH AND HIGH SCHOOL EXPENSES SUCH AS UNIFORMS, REGISTRATION FEES AND TUITIONS. THE PROGRAM ALSO COVERS CAREER EDUCATION AND TUTORING AS WELL AS UNIVERSITY TUITION, HOUSING, TRANSPORTATION AND LIVING EXPENSES FOR TEENS AGING OUT OF THE ORPHANAGE SYSTEM. OUR AIM IS TO PROVIDE "GRADUATING" TEENS WITH THE SKILLS NECESSARY TO BECOME PRODUCTIVE MEMBERS OF THEIR COMMUNITIES.
Expenses $312,989
-
MANAGEMENT AND FUNDRAISING EXPENSES
Expenses $57,975
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
GEORGE PEREZ
DIRECTOR
- Total calculated
- $50,262
- From this org
- $50,262
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
HILDA PACHECO-TAYLOR
PRESIDENT
- Total calculated
- $33,000
- From this org
- $33,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
MICHAEL BEASON
CHAIRMAN & C
- Total calculated
- $0
-
ALEX DASTMALCHI
VICE PRESIDE
- Total calculated
- $0
-
JOHN HAUGLAND
DIRECTOR
- Total calculated
- $0
-
STEVE PALISKA
DIRECTOR
- Total calculated
- $0
-
MICKEY WIEBE
VICE PRESIDE
- Total calculated
- $0
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
- 2022
- Filed
- 10 May 2023
- IRS schema version
- 2022v5.0
- Source object
- 202311319349300306
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