H3o Foundation FY2021 filing

Tax-deductible

Solana Beach, CA501(c)(3)Food & AgricultureEIN 45-3719707

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The organization is organized exclusively for charitable, religious, scientific, and education purposes.

501(c)(3) charity; gifts are tax-deductible.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $117K a year · 18% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
141%
of spending
Looks good: 141% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
10 mo
of spending, in cash
Looks good: 10.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $138K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$100K
37% of total assets
Looks good: liabilities are 37% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$370K
+65% vs prior year
Spent
$285K
To programs
141%
Net assets
$170K
By yearFY2020–FY2024
Revenue
$370K
FY2021▲ +65%
Revenue by fiscal year
FY2020$224K
FY2021$370K
FY2022$1.3M
FY2023$1.0M
FY2024$266K
Expenses
$285K
FY2021▲ +47%
Expenses by fiscal year
FY2020$194K
FY2021$285K
FY2022$312K
FY2023$1.0M
FY2024$749K
Net assets
$170K
FY2021▲ +101%
Net assets by fiscal year
FY2020$85K
FY2021$170K
FY2022$1.2M
FY2023$1.1M
FY2024$599K

From the FY2021 Form 990 · see the original

You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Exemption reinstated (2011-05-15). Per the IRS revocation list. Latest filing on record: FY2024. IRS ruling in Oct 2012.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

141 cents of each dollar spent went to programs.

Program services 141% · $400K Management & general 1% · $2K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

3 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
See H3o Foundation executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Supports charitable, religious, scientific, and educational causes.

Provided by the organization

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2 program services account for $400K of program spending, described in the organization's own filed words · FY2021.
01

Aid and support children and families in need with an emphasis in church and ministry outreach.

$283Kprogram expense
02

Hattie's house

$117Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 3 funders$138K
See all 3 funders →

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$370K
Ln 12
Gifts and grantsLn 1h$370K
Fees for servicesLn 2g$87K
Money outPt IX
$285K
Ln 25
Programscol B$400K
Managementcol C$2K
Owns and owesPt X
$170K
net assets · Ln 32
Cash and savingsLn 1–2$240K
Total assetsLn 16$270K
LiabilitiesLn 26$100K
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$370K
Fees for servicesLn 2g$87K
Total revenueLn 12$370K
Assets in detailPt X, end of year
CashLn 1$240K
Cash and savings togetherLn 1–2$240K
Total assetsLn 16$270K
LiabilitiesLn 26$100K
Net assetsLn 32$170K
OperationsPt I, VI
EmployeesI 50
VolunteersI 610
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$85K$240K
Total assetsLn 16$85K$240K
LiabilitiesLn 26$0$100K
Net assetsLn 32$85K$140K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Accounting feesLn 11c$1K$1K
Office expensesLn 13$695$695
TravelLn 17$2K$2K
InterestLn 20$10K$10K
Other expenses (24a–d)Ln 24$388K$388K
All other expensesLn 24e$675$675
Total functional expensesLn 25$402K$400K$2K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $266K$749K−$484K$599K 990 PDF
FY2023 $1.0M$1.0M−$32K$1.1M 990 PDF
FY2022 $1.3M$312K$986K$1.2M 990 PDF
FY2021 Viewing $370K$285K$85K$170K 990 PDF
FY2020 $224K$194K$29K$85K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (4 parts)
Part VIII · Statement of revenue $457,330 across 4 lines filed
VIII-1f All other contributions, gifts and grants$370,169
VIII-1h Total contributions, gifts and grants$370,169
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $87,161$87,161
VIII-12 Total revenueRelated to mission $87,161 · Unrelated business $0 · Excluded from tax $0$457,330
Part IX · Statement of functional expenses $402,119 across 6 lines filed
IX-11c Accounting feesManagement $1,100$1,100
IX-13 Office expensesManagement $695$695
IX-17 TravelPrograms $1,807$1,807
IX-20 InterestPrograms $9,600$9,600
IX-24 Other expenses (24a–d)Programs $388,242$388,242
IX-24e All other expensesPrograms $675$675
IX-25 Total functional expensesPrograms $400,324 · Management $1,795 · Fundraising $0$402,119
Part X · Balance sheet $239,839 assets, 6 lines filed
X-1 Cash, non-interest-bearingStart of year $84,628$239,839
X-16 Total assetsStart of year $84,628$239,839
X-25 Other liabilitiesStart of year $0$100,000
X-26 Total liabilitiesStart of year $0$100,000
X-32 Total net assets or fund balancesStart of year $84,628$139,839
X-33 Total liabilities and net assetsStart of year $84,628$239,839
Part XI · Reconciliation of net assets $139,839 net assets at year end
XI-1 Total revenue$457,330
XI-2 Total expenses$402,119
XI-3 Revenue less expenses$55,211
XI-4 Net assets at start of year$84,628
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$139,839

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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