NonprofitsHugs For Tomorrow Inc

Human Services

Hugs For Tomorrow Inc

AZLE, TX

Total revenue

$116K

Total expenses

$103K

Net assets

$38K

Grants received

EIN

881781323

Tax year

2024

Mission

Hugs for tomorrow inc. (hft), a non-profit charitable organization under the laws of texas, is a charity formed and operated for the exclusive purpose of raising up underprivileged children in malawi, africa, to become self-sufficient adults who can provide for themselves and those around them. The scope of care includes nutrition, medical care, clothing, and education for children living in poverty. It also includes meeting the immediate needs of their family members. We believe all of these elements of care are necessary to break the cycle of poverty, and we trust that implementing them will bring about an effective result within the next twenty years, at which point we will pass the baton to the children we have raised, trusting that they will be equipped to bring up future generations without depending on our involvement.

Financials

FY 2024

Revenue

Contributions & grants$116K
Program service revenue
Investment income
Other revenue
Total revenue$116K

Expenses

Grants paid
Salaries & benefits$49K
Fundraising
Other expenses$30K
Total expenses$103K
Total assets$38K
Net assets$38K

People

3 listed

NameRoleCompensation

SAMANTHA JEWELL

SECRETARY

Board

$30K

40 hrs/wk

JOHN JEWELL

PRESIDENT

Board

$19K

40 hrs/wk

TERRY HENDERSON

DIRECTOR

Board

2 hrs/wk

Details

EIN881781323
NTEE codeP20
Subsection03
Ruling date2024-01
HUGS FOR TOMORROW INC — Mission, Financials & Grants Received | Grantivo