Totals
- Total revenue
- $1,930,628
- Total expenses
- $1,884,693
- Contributions and grants received
- $2,485,411
- Grants paid
- $1,153,097
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- -$554,783
- Total assets, end of year
- $3,024,414
- Total liabilities, end of year
- $716,829
- Net assets or fund balances, end of year
- $2,307,585
- Program services expenses (Part IX)
- $1,372,132
- Management and general expenses
- $301,914
- Fundraising expenses
- $210,647
- Program service expenses (Part III)
- $1,372,132
Program services were 72.8% 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.
-
1c · Fundraising events
$1,978,607
-
1f · All other contributions, gifts and grants
$506,804
-
1g · Noncash contributions included above
$73,369
-
8a · Fundraising events: gross income
$206,646
-
8a · Fundraising events: contributions included on line 1c
$1,978,607
-
8b · Fundraising events: direct expenses
$840,856
-
8c · Net income from fundraising events
total -$634,210 · excluded -$634,210
-
9a · Gaming: gross income
$174,076
-
9b · Gaming: direct expenses
$94,649
-
9c · Net income from gaming
total $79,427 · excluded $79,427
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,153,097 · program services $1,153,097
-
5 · Compensation of officers, directors and key employees
total $200,134 · program services $70,574 · management and general $65,456 · fundraising $64,104
-
7 · Other salaries and wages
total $182,690 · program services $95,647 · management and general $166 · fundraising $86,877
-
8 · Pension plan contributions
total $16,665 · program services $5,877 · management and general $5,450 · fundraising $5,338
-
9 · Other employee benefits
total $36,087 · program services $12,726 · management and general $11,803 · fundraising $11,558
-
10 · Payroll taxes
total $34,908 · program services $12,310 · management and general $11,417 · fundraising $11,181
-
11b · Fees: legal
total $7,454 · management and general $7,454
-
11c · Fees: accounting
total $54,518 · management and general $54,518
-
11g · Fees: other
total $85,153 · program services $129 · management and general $84,905 · fundraising $119
-
13 · Office expenses
total $47,909 · program services $975 · management and general $46,049 · fundraising $885
-
16 · Occupancy
total $27,665 · program services $12,945 · management and general $2,962 · fundraising $11,758
-
17 · Travel
total $7,491 · management and general $3,705 · fundraising $3,786
-
22 · Depreciation, depletion and amortization
total $1,635 · management and general $1,635
-
23 · Insurance
total $23,009 · program services $7,852 · management and general $8,025 · fundraising $7,132
-
24a · Other expenses: LICENSES & FEE
total $550 · management and general $550
-
24e · All other expenses
total $5,728 · management and general -$2,181 · fundraising $7,909
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $952,262 · end of year $1,335,892
-
2 · Savings and temporary cash investments
beginning of year $883,254 · end of year $883,424
-
4 · Accounts receivable
beginning of year $445,988 · end of year $486,608
-
9 · Prepaid expenses and deferred charges
beginning of year $185,668 · end of year $137,707
-
10a · Land, buildings and equipment: cost or other basis
$83,017
-
10b · Land, buildings and equipment: accumulated depreciation
$72,940
-
10c · Land, buildings and equipment, net
beginning of year $12,647 · end of year $10,077
-
15 · Other assets
beginning of year $208,417 · end of year $170,706
-
17 · Accounts payable and accrued expenses
beginning of year $73,260 · end of year $95,430
-
18 · Grants payable
beginning of year $346,673 · end of year $581,549
-
19 · Deferred revenue
end of year $39,850
-
27 · Net assets without donor restrictions
beginning of year $2,268,303 · end of year $2,268,770
-
28 · Net assets with donor restrictions
end of year $38,815
Mission and programs · 2023
Mission
THE PRINCIPAL MISSION OF HEDGE FUNDS CARE IS TO SUPPORT EFFORTS TO PREVENT AND TREAT CHILD ABUSE. HEDGE FUNDS CARE IS A CHARITY RAISING FUNDS AND AWARENESS WITHIN THE HEDGE FUND INDUSTRY. THROUGH ITS REGIONAL AND INTERNATIONAL FUNDRAISING EVENTS, GENERALLY, FUNDS RAISED AT EACH EVENT WITHIN THE LOCAL REGION ARE GRANTED OUT TO ORGANIZATIONS SELECTED AND EVALUATED ON THE BASIS OF THEIR ABILITY TO ADDRESS CHILD ABUSE.
Activities or mission (Part I)
HFC IS A CHARITY WHOSE PRINCIPAL MISSION IS TO SUPPORT EFFORTS TO PREVENT AND TREAT CHILD ABUSE.
-
FUNDS DISBURSED TO AGENCIES THAT SPECIALIZE IN THE PREVENTION AND TREATMENT OF CHILD ABUSE.
Expenses $1,372,132 · Grants $1,153,097
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Alice HackettALICE HACKETT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Baron JacobBARON JACOB
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Basil GodellasBASIL GODELLAS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Beth WienerBETH WIENER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Christopher ZabackCHRISTOPHER ZABACK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
David MulleDAVID MULLE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Dean BackerDEAN BACKER
PRESIDENT
- Total calculated
- $0
- Hours/week
- 7
-
Edward DoughertyEDWARD DOUGHERTY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Eric RoperERIC ROPER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Geoff RuddickGEOFF RUDDICK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Glen DaileyGLEN DAILEY
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Ingrid PierceINGRID PIERCE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jack InglisJACK INGLIS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jay PellerJAY PELLER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jennifer CollinsJENNIFER COLLINS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Joel PressJOEL PRESS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
John BroadhurstJOHN BROADHURST
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
John TavssJOHN TAVSS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jonathan BarrettJONATHAN BARRETT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Joseph FisherJOSEPH FISHER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Joseph PatellaroJOSEPH PATELLARO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Kara FriedenbergKARA FRIEDENBERG
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Kevin ShannonKEVIN SHANNON
OUTGOING BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Lance ZinmanLANCE ZINMAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Lucinda HislopLUCINDA HISLOP
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Mark BelliasMARK BELLIAS
OUTGOING BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Mark SalamehMARK SALAMEH
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Matthew StoverMATTHEW STOVER
OUTGOING BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Michael VranosMICHAEL VRANOS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Mikael JohnsonMIKAEL JOHNSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Natalie Deak JarosNATALIE DEAK JAROS
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Peter NaismithPETER NAISMITH
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Rhonda EldridgeRHONDA ELDRIDGE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Rob DavisROB DAVIS
FOUNDER & CHAIRMAN EMERITUS
- Total calculated
- $0
- Hours/week
- 1
-
Robert LeonardROBERT LEONARD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Robert MirskyROBERT MIRSKY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Robert SchultzROBERT SCHULTZ
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Todd GoldmanTODD GOLDMAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Vanessa HemavathiVANESSA HEMAVATHI
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
William HaggertyWILLIAM HAGGERTY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
William Taggart JrWILLIAM TAGGART JR
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Roselle PoloROSELLE POLO
OUTSOURCED CONTROLLER
- Total calculated
- $0
- Hours/week
- 40
-
Sumudu WaasSUMUDU WAAS
EXECUTIVE DIRECTOR/COO
- Total calculated
- $200,134
- From this org
- $171,681
- From related orgs
- $0
- Other
- $28,453
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $159,412
- Bonus
- $0
- Other
- $12,269
- Deferred
- $15,113
- Nontaxable benefits
- $13,340
- Filer's total
- $200,134
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation committee
- 3 · Form 990 of other organizations
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$50,000
REDUCE AND PREVENT CHILD ABUSE AND NEGLECT AND IMPROVE THE OVERALL WELLBEING OF CHILDREN AND FAMILIES BY PROMOTING AND STRENGTHENING THE PROTECTIVE FACTORS, EFFECTIVE CO-PARENTING AND COMMUNICATION SKILLS AND POSITIVE PARENTING STRATEGIES.
-
BETTER UNDERSTANDING COMMONALITIES AS WELL AS SHARED STRENGTHS AND CHALLENGES RELATED TO THE PRESENCE OR ABSENCE OF RESOURCES AND SERVICES IN NEW YORK CITY COMMUNITIES WITH HIGH LEVELS OF CHILD WELFARE INVOLVEMENT, AND ADVOCATING FOR ESSENTIAL INVESTMENTS BASED ON THESE FINDINGS.
-
TO INCREASE THE SAFETY AND STABILITY OF PREGNANT AND PARENTING YOUTH AND THEIR YOUNG FAMILIES, AND TO REDUCE THE RISK OF CHILD ABUSE/NEGLECT AND FOSTER CARE PLACEMENT OF CHILDREN BORN TO YOUTH WHO HAVE EXPERIENCED FOSTER CARE.
-
$40,000
THE GOAL OF CHILDREN'S CORPS IS TO INFUSE THE NYC CHILD WELFARE SYSTEM WITH INCREDIBLE FRONTLINE WORKERS WITH A HIGH RETENTION RATE IN ORDER TO STRENGTHEN FAMILIES AND IMPROVE PERMANENCY OUTCOMES FOR CHILDREN.
-
$40,000
GRAHAM WINDHAMS OVERALL GOAL IS TO KEEP CHILDREN AND FAMILIES SAFE AND MAKE SURE THAT THEY HAVE ALL THAT THEY NEED TO THRIVE.
-
GOALS INCLUDE ESTABLISHING ACUTE SERVICES FOR MINORS EXPERIENCING SEXUAL AND/OR FAMILY VIOLENCE.
-
$40,000
THE GOAL OF THE U.S. SURVIVOR CARE PROGRAM IS TO PROVIDE SERVICES THAT HELP CHILDREN AND THEIR FAMILIES/CAREGIVERS UNDERSTAND, RESPOND, AND RECOVER FROM THE IMPACT OF CHILD TRAFFICKING AND EXPLOITATION.
-
RECOGNIZING THAT THE MAJORITY OF WOMEN REFERRED TO CHILD PROTECTIVE SERVICES ARE DEALING WITH UNTREATED PAST TRAUMA OR ABUSE, THE PROJECT SEEKS TO STRENGTHEN AND PRESERVE FAMILIES, PREVENT MALTREATMENT RECIDIVISM, AND ALLEVIATE MATERNAL PTSD/DEPRESSION, BY DELIVERING AND EVALUATING (IN A NIH-SUPPORTED, RANDOMIZED CONTROL TRIAL (RCT) SETTING) A PROMISING THERAPEUTIC INTERVENTION WHICH HAS BEEN SHOWN IN PREVIOUS RESEARCH TO REDUCE OR ELIMINATE SYMPTOMS OF POST-TRAUMATIC STRESS DISORDER AND DEPRESSION IN MOTHERS, WHILE ALSO IMPARTING PARENTING SKILLS THAT CAN SUPPORT HEALTHY MOTHER-CHILD BONDING, IMPROVE PARENTING BEHAVIORS, IMPROVE CHILD WELL-BEING, AND DRAMATICALLY REDUCE MALTREATMENT RECIDIVISM.
-
1) REDUCE PTSD SYMPTOMS AMONG CLIENTS RECEIVING SERVICES; 2) INCREASE CLIENTS USE OF COMMUNITY RESOURCES; AND 3) INCREASE THE COPING SKILLS OF CLIENT'S RECEIVING SERVICES.
-
$40,000
WITHIN THE GRANT YEAR, SERVE 300 CAREGIVER-CHILD DYADS WITH THE ABC PARENT COACHING PROGRAM AND LINKAGES TO ADDITIONAL COMMUNITY SUPPORTS.
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 1 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202443119349300504
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.