HEARTS WITH HANDS INC
951 Sand Hill Rd Asheville, NC 28806 http://www.heartswithhands.org
Mission and Programs
Mission
Hearts With Hands strives to eliminate suffering through the application of Christian principles.
Programs
Our operating programs are as follows: 1. "Christmas From the Heart" - Helped almost 500 underprivileged children with Christmas 2. Sharing Heart Food Bank- serves over 500 families per month 3. Sharing Heart Regional Distribution Center- serves over 60 agencies with food per month. Last year the distribution center gave away over 2 million pounds of food absolutely free of charge. 4.GoodWill Vendor Program- Hundreds of dollars worth of clothing and household goods given to victims of disasters, housefires, and poverty. 5. Harvest of the Heart Food Drive- Local food drive collecting over 80,000 pounds of canned food for the distribution center. 6. "Koats 4 Kids" - Assisted over 700 children in western North Carolina with a warm coat. 7. "PIP Program" (Preparedness is Paramount) - Four-hour disaster relief seminar to prepare you and your family to be self-sufficient for 72 hours or more. 8. Community Emergency Response Team (CERT) - Hearts With Hands, Inc. is the training arm of Buncombe County and has been awarded grant funding to teach the program to county residents. 9. "School Tools" - A local program to assist underprivileged children with school supplies. 10. "Operation GI Joe/GI Jane" - Hearts With Hands, Inc. collects and distributes care packages to our overseas troops. To date over 5,000 care packages have been distributed. 11. International Assistance Program...provide medical and economic assistance to Cuba, Honduras, and other third world countries on a routine basis. The International Assistance Program also responds to disasters throughout the world.
Program / Activities (NTEE Code)
International Relief
Emergency Assistance (Food, Clothing, Cash)
Food Banks, Food Pantries
Results
Accomplishments for Fiscal Year Ending 12/31/2007
- Tornado Relief Lady Lake, FL- Feb 2007-Assisted victims with the assistance of Grace Bible Baptist Church. Taught them how to conduct wellness checks and distribute disaster relief supplies. Church plans to build a food bank where we had one of our tents set up for distribution.
- Tornado Relief, Americus Ga.- Assisted tornado victims with disaster relief supplies.
- Sharing Heart Distribution Center distributed close to 2.2 million pounds of free food.
Objectives for Fiscal Year Beginning 01/01/2008
- Corporate Sponsorship of staff positions and warehousing. The organization is growing so rapidly that it is imperative that additional staffing and warehousing be added.
Hearts With Hands, Inc. is seeking corporate sponsorhip to assist with overhead expenses so that no portion of project funding may go to overhead, thus keeping our promise of good stewardship to our donors.
- Organizational Training for Staff and Board Members to strengthen communication skills and overall effectiveness of the organization.
- Field Services Team Expansion - expand the Field Services Team into other areas of the southeastern U. S. to be able to respond more quickly to disasters.
Chief Executive Profile
Retired Police Officer, Security Director, served four years as Director of Operations for Hearts With Hands, Inc. Married to a Registered Nurse; four daughters, two grandsons.
Additional Comments
Begin a capital campaign to secure a larger warehouse and office facility due to the phenominal growth of the organization.
Financial Data
From the organization's FORM 990
Revenue and Expenses: Fiscal Year Ending December 31, 2007
|
Revenue |
|
Expenses |
|
Contributions |
$2,408,802 |
|
Government Grants |
$10,000 |
|
Program Services |
$0 |
|
Investments |
$2,023 |
|
Special Events |
$0 |
|
Sales |
$0 |
|
Other |
$1,721 |
|
|
|
Program Services |
$2,518,693 |
|
Administration |
$165,183 |
|
Other |
$0 |
|
Total Expenditures |
$2,683,876
|
|
|
Total Revenue |
$2,422,546 |
|
NET GAIN/LOSS |
$(261,330) |
|
|
Balance
Sheet: Fiscal Year Ending December 31, 2007
Notes
The
balance sheet gives a snapshot of the financial health of an organization
at a particular point in time. An organization's total assets should
generally exceed its total liabilities, or it cannot long survive,
but the types of assets and liabilities also must be considered.
For instance, an organization's current assets (cash, receivables,
securities, etc.) should be sufficient to cover its current liabilities
(payables, deferred revenue, current year loan and note payments).
Otherwise, the organization may face solvency problems. On the other
hand, an organization whose cash and equivalents greatly exceed
its current liabilities might not be putting its money to best use.
|
Assets |
Jan 1, 2007 |
Dec 31, 2007 |
Change |
| Cash
& Equivalent |
$102,323 |
$92,583 |
$(9,740) |
| Accounts
Receivable |
$0 |
$0 |
$0 |
| Pledges
& Grants Receivable |
$0 |
$0 |
$0 |
| Receivables/Other |
$0 |
$0 |
$0 |
| Inventories
for Sale or Use |
$0 |
$0 |
$0 |
| Investments/Securities |
$0 |
$0 |
$0 |
| Investments/Other |
$0 |
$0 |
$0 |
| Fixed
Assets |
$149,262 |
$107,977 |
$(41,285) |
| Other |
$6,566 |
$5,725 |
$(841) |
| Total
Assets |
$258,151 |
$206,285 |
$(51,866) |
| |
|
|
|
|
Liabilities |
Jan 1, 2007 |
Dec 31, 2007 |
Change |
| Accounts
Payable |
$4,582 |
$13,083 |
$8,501 |
| Grants
Payable |
$0 |
$0 |
$0 |
| Deferred
Revenue |
$0 |
$0 |
$0 |
| Loans
and Notes |
$0 |
$200,000 |
$200,000 |
| Tax-Exempt
Bond Liabilities |
$0 |
$0 |
$0 |
| Other |
$8,673 |
$9,636 |
$963 |
| Total
Liabilities |
$13,255 |
$222,719 |
$209,464 |
| |
| FUND BALANCE |
$244,896 |
$(16,434) |
$(261,330) |
|

| |
Basic Information
|
|
|
This organization is required to file an IRS Form 990 or 990-EZ.
|
EIN: |
56-2181364 |
|
Executive:
|
Mr.
William
Bradley,
Director
|
|
Contact:
|
William B.
Bradley,
Executive Director
|
|
Phone:
|
(828) 667-1912
|
|
Fax:
|
(828) 667-1906
|
|
E-mail:
|
info@heartswithhands.org
|
Fiscal
Year: |
2008
|
Assets:
|
$97,003
|
Income:
|
$1,704,152
|
Year Founded: |
1992 |
|
No. of Board Members:
|
12
|
|
No. of Full Time Employees:
|
11-20
|
|
No. of Part-Time Employees:
|
1-5
|
|
Volunteers:
|
101-500
|
Audited Statements Available to Public:
|
Yes
|
Funding: |
This organization is seeking funds from contributions and grants. These funds will be used for unrestricted operating expenses, special projects and building improvements.
|
Locations Served: |
National
Cuba, Honduras, SE Asia
|
|
|
| |
|