Hearts Of Mercy Foundation Inc in Irvine, California (CA)
Table of contents:
| Hearts Of Mercy Foundation Inc | |
| Employer Identification Number (EIN) | 271056442 |
| Name of Organization | Hearts Of Mercy Foundation Inc |
| Address | 32 Edelman, Irvine, CA 92618-4312 |
| Subsection | Charitable Organization |
| Ruling Date | 03/2010 |
| Deductibility | Contributions are deductible |
| Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $25,000 to $99,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $57,446 |
| Amount of Income | $68,761 |
| Form 990 Revenue Amount | $68,761 |
| National Taxonomy of Exempt Entities (NTEE) | Religion-Related, Spiritual Development: Fund Raising and/or Fund Distribution |
Non-representatives - add comments:
Amount of income in 2013: $68,761 (it was $30,645 in 2012)
| Hearts Of Mercy Foundation Inc: | $68,761 |
| Other organizations performing similar types of work: | $79,267 |
Assets in 2013: $57,446 (it was $21,410 in 2012)
| This organization: | $57,446 |
| Other organizations performing similar types of work: | $59,617 |
Expenses in 2013: $32,725
| Hearts Of Mercy Foundation Inc: | $32,725 |
| Other organizations performing similar types of work: | $53,476 |
Income to expenses ratio in 2013: 2.1
| Hearts Of Mercy Foundation Inc: | 2.1 |
| Other organizations performing similar types of work: | 1.0 |
Grants share in income in 2013: 100.0%
| Hearts Of Mercy Foundation Inc: | 100.0% |
| Other organizations performing similar types of work: | 85.0% |
Revenue for 2013
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $52,015 | $30,645 | $68,761 |
| Contributions, gifts, grants, and similar amounts received | $51,997 | $30,630 | $68,745 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 |
| Membership dues and assessments | $0 | $0 | $0 |
| Investment income | $18 | $15 | $16 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $0 | $0 | $0 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 |
| Other revenue | $0 | $0 | $0 |
| Total expenses | $32,825 | $37,825 | $32,725 |
| Total net assets | $28,590 | $21,410 | $57,446 |
| Excess/Deficit for the year | $19,190 | $-7,180 | $36,036 |
| Net assets or fund balances at beginning of year | $9,400 | $28,590 | $21,410 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $21,410 | $57,446 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $28,590 | $21,410 | $57,446 |
| Total liabilities | $0 | $0 | $0 |
| Net assets or fund balances | $28,590 | $21,410 | $57,446 |
| Other Information | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No | |
| Were any significant changes made to the organizing or governing documents? | No | No | |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No | No |
| Has the organization filed a Form 990-T for the year? | No | No | |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | |
| Amount of political expenditures, direct or indirect | $0 | $0 | |
| Did the organization file Form 1120-POL for this year? | No | No | |
| Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return? | No | No | |
| Total amount involved | $0 | $0 | |
| Initiation fees and capital contributions | $0 | $0 | $0 |
| Gross receipts for public use of club facilities | $0 | $0 | $0 |
| Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ? | No | No | |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No | |
| Reason for Public Charity Status (for 2013) | |
| The organization is not a private foundation because it is: | An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975 |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013) | |
| 2009 - 2013 Total | |
|---|---|
| Public support | $180,022 |
| Subtotal | $180,022 |
| Gifts, grants, contributions, and membership fees received | $180,022 |
| Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | $0 |
| Gross receipts from activities that are not an unrelated trade or business under section 513 | $0 |
| Tax revenues levied for the organization's benefit and either paid to or expended on its behalf | $0 |
| The value of services or facilities furnished by a governmental unit to the organization without charge | $0 |
| Less | $0 |
| Amounts received from disqualified persons | $0 |
| Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support | $0 |
| Total support | $180,022 |
| Public support | $180,022 |
| Subtotal | $0 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $0 |
| Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | $0 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income | $0 |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Missionary Sisters Of The Holy Martyrs | 10328 Shellabarger Rd, Bakersfield, CA 93312-2802 | CA | 2011-03 | $635,862 |
| 2 | Viva Francis Foundation | PO BOX 518, Arroyo Grande, CA 93421-0518 | CA | 2004-12 | $613,432 |
| 3 | On Eagles Wings International | 35917 Belle Chaine Loop, Temecula, CA 92592-9692 | CA | 2013-08 | $278,375 |
| 4 | Kingdom Missions Foundation | 1570 34th Ave, San Francisco, CA 94122-3113 | CA | 2011-11 | $242,000 |
| 5 | Freedom In Truth Ministries Inc | 10059 Lyons Rd, Ripon, CA 95366-9623 | CA | 2013-10 | $211,160 |
| 6 | Pharaohs Festival | 1121 Roberto Ln, Los Angeles, CA 90077-2302 | CA | 2012-05 | $196,970 |
| 7 | Saranaloka Foundation | 177 Bovet Road Suite 600, San Mateo, CA 94402-3122 | CA | 2008-04 | $136,077 |
| 8 | Anglican Foundation Of Stockton | PO BOX 4838, Stockton, CA 95204-0838 | CA | 2014-01 | $133,250 |
| 9 | Ave Maria Catholic Vehicle Donations | 24982 Danamaple, Dana Point, CA 92629 | CA | 2011-05 | $84,909 |
| 10 | His Way Church Orange County | 102 Baker St E, Costa Mesa, CA 92626-4503 | CA | 2011-07 | $83,545 |
| 11 | Odms | 33886 Cassio Cir, Fremont, CA 94555 | CA | 2009-06 | $79,391 |
| 12 | St Katherine Foundation | 722 Knob Hill Ave, Redondo Beach, CA 90277-4345 | CA | 2001-09 | $76,683 |
| 13 | Hearts Of Mercy Foundation Inc | 32 Edelman, Irvine, CA 92618-4312 | CA | 2010-03 | $68,761 |
| 14 | Impact4christ | 2312 Camellia St, Palmdale, CA 93551 | CA | 2005-03 | $63,956 |
| 15 | Global Justice Endowment | 4988 N Figueroa St, Los Angeles, CA 90042-4452 | CA | 2009-01 | $59,131 |
| 16 | Santa Cruz Al Salvador | 2500 Soquel Ave, Santa Cruz, CA 95062 | CA | 2001-12 | $58,572 |
| 17 | Reaching People Far From God | Po Box 113, Banning, CA 92220 | CA | 2010-07 | $52,673 |
| 18 | The Ho Diocese Assistance Corporation | 20058 Ventura Blvd, Woodland Hills, CA 91364 | CA | 2006-09 | $43,115 |
| 19 | Kol Aryeh Foundation | 121 S Beverly Dr, Beverly Hills, CA 90212-3002 | CA | 2014-06 | $26,791 |
| 20 | Gospel International Foundation | 1309 Pico Blvd Ste C, Santa Monica, CA 90405-1556 | CA | 2009-01 | $20,140 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Total | 793 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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