Heaven South Inc. / The Store
Fiscal Year
Fiscal Year Start
01/01/2023
Fiscal Year End
12/31/2023
Projected Revenue
$1,103,444.00
Projected Expenses
$1,025,350.00
Organizational Budgets and Other Documents
Projected 2023 Budget | 2023 |
Projected 2022 Budget | 2022 |
projected budget | 2021 |
Budget 2019 | 2019 |
IRS Letter of Exemption
Letter of Determination |
Detailed Financials
Revenue and Expenses
Fiscal Year | 2022 | 2021 | 2020 |
---|---|---|---|
Total Revenue | $1,489,022.00 | $1,545,548.00 | $1,930,689.00 |
Total Expenses | $996,019.00 | $769,931.00 | $1,301,697.00 |
Revenue Less Expenses | $493,003.00 | $775,617.00 | $628,992.00 |
Revenue Sources
Fiscal Year | 2022 | 2021 | 2020 |
---|---|---|---|
Foundation and Corporation Contributions | $668,420.00 | $0.00 | $738,734.00 |
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 | $96,350.00 |
Contributions, Gifts, and Grants | $572,984.00 | $1,332,838.00 | $918,783.00 |
Indirect Public Support | $0.00 | $0.00 | $0.00 |
Earned Revenue | $0.00 | $0.00 | $0.00 |
Investment Income, Net of Losses | $63,156.00 | $163,780.00 | $42,609.00 |
Membership Dues | $0.00 | $0.00 | $0.00 |
Special Events | $0.00 | $0.00 | $0.00 |
Revenue In-Kind | $184,462.00 | $48,930.00 | $134,213.00 |
Other | $0.00 | $0.00 | $0.00 |
Expense Allocation
Fiscal Year | 2022 | 2021 | 2020 |
---|---|---|---|
Program Expense | $881,686.00 | $492,427.00 | $406,019.00 |
Administration Expense | $65,326.00 | $251,092.00 | $203,456.00 |
Fundraising Expense | $49,007.00 | $26,412.00 | $19,517.00 |
Total Revenue/Total Expenses | 149% | 201% | 307% |
Program Expense/Total Expenses | 89% | 64% | 65% |
Fundraising Expense/Contributed Revenue | 5% | 3% | 3% |
Top Funding Sources
Fiscal Year | 2022 | 2021 | 2020 |
---|---|---|---|
Top Funding Source & Dollar Amount | Foundation and Corporations $668,420.00 | Contributions, Gifts, Grants $1,332,838.00 | Contributions, Gifts, and Grants $918,783.00 |
Second Highest Funding Source & Dollar Amount | Contributions, Gifts, and Grants $572,984.00 | Interest Income $163,780.00 | Foundations and Corporations $738,734.00 |
Third Highest Funding Source & Dollar Amount | Noncash Contributions $184,462.00 | Noncash Contribtutions $48,930.00 | Noncash Contributions $134,213.00 |
Assets and Liabilities
Fiscal Year | 2022 | 2021 | 2020 |
---|---|---|---|
Total Assets | $5,290,720.00 | $5,265,766.00 | $4,351,266.00 |
Current Assets | $655,635.00 | $458,216.00 | $382,639.00 |
Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
Current Liabilities | $22,613.00 | $7,230.00 | $26,370.00 |
Total Net Assets | $5,268,107.00 | $5,261,536.00 | $4,324,896.00 |
Endowment Info
Do you have an endowment?
Yes
What is the value of the endowment?
$1,527,852.72
What is the spending policy for your endowment?
Percentage
Capital Campaign Info
Are you currently in a Capital Campaign?
Anticipated In 3 Years
Do you anticipate a campaign in the next 5 years?
Yes
Solicitation Permit Info
State Charitable Solicitations Permit
Yes
Permit Expiration Month
June
Permit Expiration Year
2023
Form 990s
990 | 2022 |
Tax Return Heaven South Inc | 2021 |
Heaven South 2020 Form 990 | 2020 |
form 990 | 2019 |
Heaven South 990-N | 2018 |
Heaven South 990-N | 2017 |
Heaven South 990-N | 2016 |
Audit Documents
Audit | 2022 |
Audit Part I | 2021 |
Audit Part II | 2021 |
audit | 2020 |
Foundation Staff Comments
Financial figures taken from the Form 990.. Schedule B removed to protect donor privacy. Form 990 was prepared by HA Beasley and Company PLLC. Comments provided by Hayley Sulfridge 8/1/22. |