Mending Hearts, Inc.
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615-385-1696
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P.O. Box 280236
Nashville, TN 37228
Organization Details

Fiscal Year

Fiscal Year Start

07/01/2023

Fiscal Year End

06/30/2024

Projected Revenue

$6,610,669.00

Projected Expenses

$5,465,609.00

Organizational Budgets and Other Documents

FY 2024 Approved Budget 2024
Mending Hearts FY 2023 Budget 2023
Mending Hearts 2022 Budget 2022
Mending Hearts 2021 Budget 2021
Mending Hearts 2020 Budget 2020
Mending Hearts 2019 Budget 2019
Mending Hearts 2018 Budget 2018
Mending Hearts 2017 Budget 2017
Mending Hearts budget 2016 2016
Mending Hearts 2015 budget 2015
Mending Hearts 2014 Budget 2014
Mending Hearts 2013 Budget 2013
Mending Hearts 2012 Budget 2012
mending hearts 2011 budget 2011
mending hearts 2010 budget 2010
mending hearts 2009 budget 2009
mending hearts 2008 budget 2008
mending hearts 2007 budget 2007

IRS Letter of Exemption

mending hearts irs ltr

Detailed Financials

Revenue and Expenses
Fiscal Year202320222021
Total Revenue $4,758,971.00$3,809,664.00$3,141,061.00
Total Expenses $3,803,864.00$3,220,585.00$2,654,277.00
Revenue Less Expenses $955,107.00$589,079.00$486,784.00

Revenue Sources
Fiscal Year202320222021
Foundation and Corporation Contributions $0.00$0.00$0.00
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 $3,655,964.00$0.00$2,087,732.00
Contributions, Gifts, and Grants $376,923.00$503,864.00$178,468.00
Indirect Public Support $0.00$0.00$4,364.00
Earned Revenue $690,273.00$625,719.00$526,910.00
Investment Income, Net of Losses $6,076.00$350.00$304.00
Membership Dues $0.00$0.00$0.00
Special Events $0.00$68,064.00$121,828.00
Revenue In-Kind $29,735.00$0.00$19,258.00
Other $0.00$0.00$202,197.00

Expense Allocation
Fiscal Year202320222021
Program Expense $2,989,582.00$2,538,592.00$2,121,018.00
Administration Expense $610,166.00$525,568.00$418,180.00
Fundraising Expense $204,116.00$156,425.00$115,079.00
Total Revenue/Total Expenses 125%118%118%
Program Expense/Total Expenses 79%79%80%
Fundraising Expense/Contributed Revenue 5%5%4%

Top Funding Sources
Fiscal Year202320222021
Top Funding Source & Dollar Amount Government Grants
$3,655,964.00
Program Revenue
$625,719.00
Government Grants
$2,087,732.00
Second Highest Funding Source & Dollar Amount Program Revenue
$690,273.00
Contributions, Gifts, and Grants
$503,864.00
Program Revenue
$526,910.00
Third Highest Funding Source & Dollar Amount Contributions, Gifts, and Grants
$376,923.00
Fundraising Events
$68,064.00
Other Revenue
$202,197.00

Assets and Liabilities
Fiscal Year202320222021
Total Assets $7,002,696.00$5,569,699.00$5,233,366.00
Current Assets $1,568,065.00$1,083,003.00$676,693.00
Long-Term Liabilities $364,842.00$421,525.00$651,003.00
Current Liabilities $665,094.00$552,046.00$153,790.00
Total Net Assets $5,972,760.00$5,017,653.00$4,428,573.00

Endowment Info

Do you have an endowment?

No

Capital Campaign Info

Are you currently in a Capital Campaign?

No

Do you anticipate a campaign in the next 5 years?

Yes

Solicitation Permit Info

State Charitable Solicitations Permit

Yes

Permit Expiration Month

December

Permit Expiration Year

2024

Solicitations Permit

Charitable Solicitation Permit

Form 990s

Form 990 - Mending Hearts - 2022 2023
Mending Hearts FY2022 - 990 2022
Mending Hearts FY2021 - 990 2021
Mending Hearts complete FY 2020 990 2020
Mending Hearts 2019 990 2019
Mending Hearts 2018 990 2018
Mending Hearts 2017 990 2017
Mending Hearts 2016 990 2016
Mending Hearts 2015 990 2015
Mending Hearts 2014 Form 990 2014
Mending Hearts 2013 Form 990 2013
Mending Hearts 2012 Form 990 2012
Mending Hearts 2011 Form 990 2011
Mending Hearts 2010 Form 990 2010
mending hearts 2009 990 2009
mending hearts 2008 990 2008
mending hearts 2007 990 2007
mending hearts 2006 990 2006

Audit Documents

Mending Hearts Aduit 06.30.2023 2023
Mending Hearts 2022 Audit 2022
Mending Hearts 2021 Audit 2021
Mending Hearts 2020 Audit 2020
Mending Hearts 2019 Audit 2019
Mending Hearts 2018 Audit 2018
Mending Hearts 2017 Audit 2017
Mending Hearts 2016 Audit 2016
Mending Hearts 2015 Audit 2015
Mending Hearts 2014 Audit 2014
Mending Hearts 2014 revised audit 2014
Mending Hearts 2013 Audit 2013
mending hearts 2012 audit 2012
mending hearts 2011 audit 2011
mending hearts 2009 audit 2009
mending hearts 2008 audit 2008
mending hearts 2007 audit 2007

Foundation Staff Comments


Financial figures are taken from 990. Foundation and corporate grants may be included in Contributions, Gifts,, and Grants sum, as these amounts are not separated in Form 990. Financial documents prepared by Kraft CPAS, PLLC. Comments provided by Hayley Sulfridge 4/8/24.