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← THE HANGER CHARITABLE FOUNDATION

Form 990 for tax year 2023

Filed by THE HANGER CHARITABLE FOUNDATION.

Totals

Total revenue
$601,526
Total expenses
$705,586
Contributions and grants received
$564,376
Grants paid
$492,947
Program service revenue
$0
Investment income
$37,150
Other revenue
$0
Total assets, end of year
$1,334,446
Total liabilities, end of year
$207,709
Net assets or fund balances, end of year
$1,126,737
Program services expenses (Part IX)
$641,378
Management and general expenses
$23,027
Fundraising expenses
$41,181
Program service expenses (Part III)
$641,378

Program services were 90.9% 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.

  • 1f · All other contributions, gifts and grants

    $564,376

  • 3 · Investment income

    total $37,150 · excluded $37,150

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $492,947 · program services $492,947

  • 5 · Compensation of officers, directors and key employees

    total $159,619 · program services $138,869 · management and general $4,789 · fundraising $15,961

  • 10 · Payroll taxes

    total $10,991 · program services $9,562 · management and general $330 · fundraising $1,099

  • 11c · Fees: accounting

    total $9,125 · management and general $9,125

  • 11g · Fees: other

    total $10,257 · fundraising $10,257

  • 12 · Advertising and promotion

    total $13,864 · fundraising $13,864

  • 13 · Office expenses

    total $5,008 · management and general $5,008

  • 14 · Information technology

    total $3,775 · management and general $3,775

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $382,586 · end of year $53,566

  • 3 · Pledges and grants receivable

    beginning of year $906,360 · end of year $57,174

  • 9 · Prepaid expenses and deferred charges

    end of year $15,557

  • 11 · Investments: publicly traded securities

    end of year $1,208,149

  • 17 · Accounts payable and accrued expenses

    beginning of year $58,149 · end of year $207,709

  • 27 · Net assets without donor restrictions

    beginning of year $1,230,797 · end of year $1,126,737

Mission and programs · 2023

Mission

TO ADVANCE OUR COMMUNITIES BY SUPPORTING 501C3 ORGANIZATIONS THAT HELP PEOPLE WITH PHYSICAL CHALLENGES LIVE LIFE AS FULLY AS POSSIBLE.

Activities or mission (Part I)

TO SUPPORT ORGANIZATIONS THAT HELP PEOPLE WITH PHYSICAL CHALLENGES LIVE LIFE AS FULLY AS POSSIBLE.

  • THE HANGER CHARITABLE FOUNDATION ACTIVELY DEPLOYS FUNDS TO A VARIETY OF 501 (C)(3) ORGANIZATIONS THAT BENEFIT PEOPLE WITH PHYSICAL CHALLENGES IN NEED IN THE UNITED STATES.

    Expenses $641,378 · Grants $492,947

As filed on the 2023 return.

Listed in Part VII

  • RACHEL KUBICKI

    EXECUTIVE DI

    Total calculated
    $159,619
    From this org
    $143,674
    From related orgs
    $0
    Other
    $15,945
    Hours/week
    20

    Schedule J breakdown matched by us

    Base
    $134,914
    Bonus
    $8,760
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    $15,945
    Filer's total
    $159,619

  • SCOTT ROWE

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • VINIT ASAR

    CHAIRMAN (JA

    Total calculated
    $0
    Hours/week
    1

  • DAVID CARRION

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • HEATHER KLEIN

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • KERI JOLLY

    DIRECTOR (JA

    Total calculated
    $0
    Hours/week
    1

  • TOM HARTMAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • THOMAS KIRALY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • PETE STOY

    CHAIRMAN (MA

    Total calculated
    $0
    Hours/week
    1

  • KELSEY TROY

    DIRECTOR (MA

    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. 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

None.

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

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

Provenance

Return type
form_990
Tax year
2023
Filed
6 November 2024
IRS schema version
2023v5.0
Source object
202413119349300521

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