Totals
- Total revenue
- $756,014
- Total expenses
- $865,434
- Contributions and grants received
- $575,702
- Grants paid
- $702,661
- Program service revenue
- $0
- Investment income
- $180,312
- Other revenue
- $0
- Total assets, end of year
- $8,836,930
- Total liabilities, end of year
- $961
- Net assets or fund balances, end of year
- $8,835,969
- Program services expenses (Part IX)
- $702,661
- Management and general expenses
- $86,343
- Fundraising expenses
- $76,430
- Program service expenses (Part III)
- $702,661
Program services were 81.2% 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.
-
1f · All other contributions, gifts and grants
$575,702
-
3 · Investment income
total $200,582 · excluded $200,582
-
7b · Less cost or other basis and sales expenses
securities $20,270
-
7c · Gain or loss
securities -$20,270
-
7d · Net gain or loss
total -$20,270 · excluded -$20,270
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $702,661 · program services $702,661
-
5 · Compensation of officers, directors and key employees
total $61,214 · management and general $15,303 · fundraising $45,911
-
7 · Other salaries and wages
total $19,658 · fundraising $19,658
-
10 · Payroll taxes
total $4,047 · management and general $1,532 · fundraising $2,515
-
11c · Fees: accounting
total $4,074 · management and general $4,074
-
11f · Fees: investment management
total $49,588 · management and general $49,588
-
11g · Fees: other
total $14,961 · management and general $14,136 · fundraising $825
-
13 · Office expenses
total $2,852 · management and general $655 · fundraising $2,197
-
14 · Information technology
total $4,721 · fundraising $4,721
-
17 · Travel
total $316 · fundraising $316
-
23 · Insurance
total $1,055 · management and general $1,055
-
24a · Other expenses: Hospitality
total $287 · fundraising $287
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $1,230,172 · end of year $607,683
-
3 · Pledges and grants receivable
beginning of year $217,396 · end of year $105,702
-
4 · Accounts receivable
beginning of year $2,703 · end of year $2,703
-
11 · Investments: publicly traded securities
beginning of year $6,919,663 · end of year $8,110,429
-
15 · Other assets
beginning of year $21,223 · end of year $10,413
-
17 · Accounts payable and accrued expenses
beginning of year $331 · end of year $961
-
27 · Net assets without donor restrictions
end of year -$4,971
-
28 · Net assets with donor restrictions
beginning of year $8,390,826 · end of year $8,840,940
Mission and programs · 2023
Mission
The Sacred Heart Foundation exists to provide opportunities for giving at Sacred Heart that will lead to a sustainable financial foundation for generations to come.
Activities or mission (Part I)
Provide support by managing assets, governing fundraising activities & making grants to SHSC.
-
Support was provided to the Sacred Heart Church School for student scholarships and operational support.
Expenses $702,661 · Grants $702,661
As filed on the 2023 return.
Listed in Part VII
-
Erin O'Leary
President
- Total calculated
- $0
- Hours/week
- 4
-
Daniel Zavoral
Vice President
- Total calculated
- $0
- Hours/week
- 4
-
Joe Martin
Secretary/Treasurer
- Total calculated
- $0
- Hours/week
- 4
-
John Jeffrey
Member
- Total calculated
- $0
- Hours/week
- 3
-
Sarah Post
Member
- Total calculated
- $0
- Hours/week
- 3
-
Jeramie Riskey
Member
- Total calculated
- $0
- Hours/week
- 3
-
Jackie Gaddie
Member
- Total calculated
- $0
- Hours/week
- 3
-
Dennis DeMers
Executive Director (End June)
- Total calculated
- $30,158
- From this org
- $30,158
- From related orgs
- $0
- Other
- $0
- Hours/week
- 20
-
Carl Adolphson
Executive Director (Beg July)
- Total calculated
- $31,056
- From this org
- $31,056
- From related orgs
- $0
- Other
- $0
- Hours/week
- 20
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
-
Sacred Heart Schools and Church
$702,661
To support the students who are in need of financial assistance to be able to attend Sacred Heart School.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 29 October 2024
- IRS schema version
- 2023v5.1
- Source object
- 202403049349300910
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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