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Nonprofiteer
← GOLDEN HEART FUND

Form 990 for tax year 2023

Filed by GOLDEN HEART FUND.

Totals

Total revenue
$456,623
Total expenses
$831,045
Contributions and grants received
$437,483
Grants paid
$78,440
Program service revenue
$0
Investment income
$163,477
Other revenue
-$144,337
Total assets, end of year
$958,387
Total liabilities, end of year
$29,714
Net assets or fund balances, end of year
$928,673
Program services expenses (Part IX)
$469,102
Management and general expenses
$196,518
Fundraising expenses
$165,425
Program service expenses (Part III)
$469,102

Program services were 56.4% 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

    $346,217

  • 1f · All other contributions, gifts and grants

    $91,266

  • 3 · Investment income

    total $33,651 · excluded $33,651

  • 7a · Gross sales of assets other than inventory

    securities $882,282

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

    securities $752,456

  • 7c · Gain or loss

    securities $129,826

  • 7d · Net gain or loss

    total $129,826 · excluded $129,826

  • 8a · Fundraising events: gross income

    $10,420

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

    $346,217

  • 8b · Fundraising events: direct expenses

    $154,772

  • 8c · Net income from fundraising events

    total -$144,352 · excluded -$144,352

  • 11a · Other revenue: MISCELLANEOUS

    total $15 · excluded $15

  • 11e · Other revenue, total

    $15

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $78,440 · program services $78,440

  • 5 · Compensation of officers, directors and key employees

    total $164,688 · program services $131,750 · management and general $16,469 · fundraising $16,469

  • 7 · Other salaries and wages

    total $222,909 · program services $119,917 · management and general $49,409 · fundraising $53,583

  • 9 · Other employee benefits

    total $25,085 · program services $17,124 · management and general $5,977 · fundraising $1,984

  • 10 · Payroll taxes

    total $29,151 · program services $18,963 · management and general $4,851 · fundraising $5,337

  • 11c · Fees: accounting

    total $48,007 · management and general $48,007

  • 11f · Fees: investment management

    total $7,356 · management and general $7,356

  • 11g · Fees: other

    total $127,335 · program services $62,514 · management and general $30,652 · fundraising $34,169

  • 12 · Advertising and promotion

    total $1,021 · management and general $490 · fundraising $531

  • 13 · Office expenses

    total $40,725 · program services $7,763 · management and general $13,030 · fundraising $19,932

  • 16 · Occupancy

    total $3,804 · program services $247 · management and general $3,557

  • 17 · Travel

    total $16,518 · program services $7,473 · management and general $4,267 · fundraising $4,778

  • 23 · Insurance

    total $15,823 · program services $9,266 · management and general $3,265 · fundraising $3,292

  • 24a · Other expenses: EVENT ENTRY FEES

    total $24,462 · program services $10,811 · management and general $393 · fundraising $13,258

  • 24b · Other expenses: GIFTS AND APPRECIATION

    total $14,262 · program services $2,370 · management and general $1,697 · fundraising $10,195

  • 24c · Other expenses: STAFF DEVELOPMENT

    total $6,494 · program services $1,457 · management and general $4,041 · fundraising $996

  • 24d · Other expenses: DUES AND SUBSCRIPTIONS

    total $3,274 · program services $176 · management and general $2,847 · fundraising $251

  • 24e · All other expenses

    total $1,691 · program services $831 · management and general $210 · fundraising $650

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $401,235 · end of year $55,733

  • 4 · Accounts receivable

    end of year $117

  • 9 · Prepaid expenses and deferred charges

    beginning of year $3,694 · end of year $9,523

  • 11 · Investments: publicly traded securities

    beginning of year $965,779 · end of year $893,014

  • 17 · Accounts payable and accrued expenses

    beginning of year $38,775 · end of year $29,714

  • 27 · Net assets without donor restrictions

    beginning of year $1,331,933 · end of year $928,673

Mission and programs · 2023

Mission

TO RAISE FUNDS TO PROVIDE RELIEF TO DISADVANTAGED AND DISTRESSED FORMER FOOTBALL PLAYERS AND THEIR FAMILIES NATIONWIDE, INCLUDING BUT NOT LIMITED TO THE SUPPORT AND FUNDING FOR MENTAL AND PHYSICAL HEALTH, DISASTER RECOVERY, OR OTHER PERSONAL FINANCIAL HARDSHIP.

  • GRANTS MADE PURSUANT TO THE ORGANIZATION'S MISSION TO AID FORMER FOOTBALL PLAYERS AND THEIR FAMILIES SEEKING RELIEF FROM PERSONAL HARDSHIP, INCLUDING BUT NOT LIMITED TO BASIC LIVING EXPENSES, SHELTER AND HOUSING, MENTAL HEALTH TREATMENT, OTHER MEDICAL CARE AND FUNERAL EXPENSES. THROUGH OUR EXTENSIVE AND GROWING STRATEGIC RELATIONSHIPS WITH THE NFL, NFLPA, PLAYER CARE ORGANIZATIONS, AND OUR VALUED CORPORATE PARTNERS, OUR NONPROFIT SUCCESSFULLY UNLOCKED AN ADDITIONAL $45,193 WORTH OF "INDIRECT SUPPORT." WHILE THIS SUPPORT IS NOT REFLECTED IN OUR BOTTOM LINE, IT HAS HAD A TANGIBLE IMPACTIMPROVING THE LIVES OF OUR PLAYERS AND THEIR FAMILIES BY PROVIDING CRITICAL RESOURCES BEYOND OUR DIRECT PROGRAMS.

    Expenses $469,102 · Grants $78,440

As filed on the 2023 return.

Listed in Part VII

  • RONALD FERRARI

    CHAIR

    Total calculated
    $0
    Hours/week
    5
  • HARRIS BARTON

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    5
  • RONNIE LOTT

    SECRETARY

    Total calculated
    $0
    Hours/week
    5
  • BRENT JONES

    TREASURER

    Total calculated
    $0
    Hours/week
    5
  • AL GUIDO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • VALERIE PANOU

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • DWAINE BOARD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • JUNIOR BRYANT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • SCOTT BLACKBURN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • KILLJAN ANDERSON

    EXECUTIVE DIRECTOR

    Total calculated
    $170,000
    From this org
    $170,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $170,000
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $170,000

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 · Independent compensation consultant
  • 3 · Compensation survey or study
  • 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

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
11 February 2025
IRS schema version
2023v6.0
Source object
202500449349300435

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