The Heimerdinger Foundation
Fiscal Year
Fiscal Year Start
01/01/2023
Fiscal Year End
12/31/2023
Projected Revenue
$500,420.00
Projected Expenses
$480,965.00
Organizational Budgets and Other Documents
IRS Letter of Exemption
| The Heimerdinger Foundation IRS Letter |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Revenue | $1,159,491.00 | $500,690.00 | $351,650.00 |
| Total Expenses | $531,344.00 | $463,388.00 | $330,229.00 |
| Revenue Less Expenses | $628,147.00 | $37,302.00 | $21,421.00 |
Revenue Sources
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Foundation and Corporation Contributions | $848,189.00 | $114,430.00 | $59,000.00 |
| Government - Federal | $0.00 | $0.00 | $0.00 |
| Government - State | $0.00 | $0.00 | $0.00 |
| Government - Local | $0.00 | $0.00 | $0.00 |
| Government - Unspecified | $0.00 | $0.00 | $0.00 |
| Contributions, Gifts, and Grants | $148,312.00 | $134,812.00 | $234,270.00 |
| Indirect Public Support | $0.00 | $0.00 | $0.00 |
| Earned Revenue | $12,030.00 | $10,680.00 | $4,900.00 |
| Investment Income, Net of Losses | $1,096.00 | $653.00 | $3,946.00 |
| Membership Dues | $0.00 | $0.00 | $0.00 |
| Special Events | $86,899.00 | $173,011.00 | $53,585.00 |
| Revenue In-Kind | $64,298.00 | $67,104.00 | $4,051.00 |
| Other | $0.00 | $0.00 | $0.00 |
Expense Allocation
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Program Expense | $296,069.00 | $245,790.00 | $185,100.00 |
| Administration Expense | $121,673.00 | $73,727.00 | $69,800.00 |
| Fundraising Expense | $113,602.00 | $143,871.00 | $75,329.00 |
| Total Revenue/Total Expenses | 218% | 108% | 106% |
| Program Expense/Total Expenses | 56% | 53% | 56% |
| Fundraising Expense/Contributed Revenue | 21% | 31% | 23% |
Top Funding Sources
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | Foundations and Corporations $848,189.00 | Fundraising Events $173,011.00 | Contributions, Gifts & Grants $234,270.00 |
| Second Highest Funding Source & Dollar Amount | Contributions, Gifts, and Grants $148,312.00 | Contributions, Gifts, and Grants $134,812.00 | Foundations and Corporations $59,000.00 |
| Third Highest Funding Source & Dollar Amount | Fundraising Events $86,899.00 | Foundations and Corporations $114,430.00 | Fundraising Events $53,585.00 |
Assets and Liabilities
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Assets | $1,410,839.00 | $512,701.00 | $466,206.00 |
| Current Assets | $1,061,129.00 | $458,988.00 | $429,846.00 |
| Long-Term Liabilities | $0.00 | $16,198.00 | $45,957.00 |
| Current Liabilities | $287,115.00 | $16,198.00 | $12,030.00 |
| Total Net Assets | $1,123,724.00 | $496,503.00 | $408,219.00 |
Endowment Info
Do you have an endowment?
No
Capital Campaign Info
Are you currently in a Capital Campaign?
Yes
Do you anticipate a campaign in the next 5 years?
Yes
What is the campaign goal?
$1,200,000.00
What is the purpose of the capital campaign?
Our organization's need to expand our operational capacity is urgent. We are currently in the process of raising funds to renovate an existing kitchen and workspaces in order to consolidate our program operations under one roof. We seek a total of $1,000,000 for this endeavor. This new single location will enable 24/7 access, increased meal production, multiple shifts with adult and teen volunteers, nutrition classes and cooking demos, ample storage for bulk purchasing, fundraising gatherings, and social enterprise initiation and expansion.
Campaign Start
June 2022
Campaign End
June 2024
Campaign Raised to Date Month
November
Campaign Raised to Date Year
2023
Campaign Raised to Date Amount
$750,000.00
Solicitation Permit Info
State Charitable Solicitations Permit
Yes
Permit Expiration Month
June
Permit Expiration Year
2024
Solicitations Permit
Form 990s
Audit Documents
| 2022 Audited Financials | 2022 |
| Aduit Completed in 2022 | 2021 |
| Audit completed in 2021 | 2020 |
| June 2019 Financials Compilation | 2019 |
| Audit completed in 2020 | 2019 |
| Audited Financials | 2018 |
CEO/Executive Director/Board Comments
| Our 2022 Budget reflects growth and expectations for 2022. 2021 proved to be a year of the greatest growth yet, in terms of number of clients served, number of meals served, and growth in support and revenue. We operate an efficient, lean program yet still have significantly grown the number of people we serve. We look to continually increasing the number served in 2022 and believe this budget, with the support of our community, enables us to do so. |
Foundation Staff Comments
| Financial figures taken from the 990. Schedule B Removed to protect donor privacy. 990 prepared by H. A. Beasley and Company, PLLC. Comment provided by Nicole Rose 11/20/2023. |
