NonprofitsHearts Foundation Inc

Education

Hearts Foundation Inc

BUFFALO, NY

Total revenue

$3.2M

Total expenses

$2.8M

Net assets

$1.4M

Grants received

EIN

161607748

Tax year

2024

Mission

The organization operates hearts thrift stores and exists solely to support the activities and purposes of hearts for the homeless of western new york inc., a 501c3 organization which provides physical, emotional, and spiritual relief to the homeless, poor and distressed and

Programs

1 program

During the year ended december 31, 2024, the organization recorded $273,051 in support from its related entity, hearts for the homeless of western new york, inc. This amount represents a journal entry to reflect the transfer of property to hearts foundation, inc., rather than a cash or check transaction. The entry was made to properly record the change in ownership between related entities and should not be interpreted as a monetary contribution.

Financials

FY 2024

Revenue

Contributions & grants$2.4M
Program service revenue
Investment income$10K
Other revenue$841K
Total revenue$3.2M

Expenses

Grants paid
Salaries & benefits$1.6M
Fundraising$142K
Other expenses$1.1M
Total expenses$2.8M
Total assets$4.4M
Net assets$1.4M

People

6 listed

NameRoleCompensation

NICHOLAS M CALANDRA

CEO AND PRESIDENT

Board

$163K

25 hrs/wk

RICHARD R IZZO

MEMBER

Board

1 hrs/wk

DAVID J NORTON

MEMBER

Board

1 hrs/wk

SUMMER HANDZLIK

MEMBER

Board

0

JOSEPH P HATCH III

MEMBER AND SECRETARY

Board

1 hrs/wk

FRANK DIMARIA

MEMBER AND TREASURER

Board

0

Details

EIN161607748
NTEE codeB11
Subsection03
Ruling date2001-08
Formed2003
Employees0
Volunteers23
HEARTS FOUNDATION INC — Mission, Financials & Grants Received | Grantivo