2025-09-05T14:25:35-04:00 2024-12-31 161326754 ALAN JEFF CPA PC 2978 COLVIN BOULEVARD Tonawanda NY 14150 990 2024-01-01 161607748 HEARTS FOUNDATION INC % NICHOLAS CALANDRA HEAR 7168773536 PO BOX 437 BUFFALO NY 14223 NICHOLAS CALANDRA PRESIDENT 7168643388 2025-09-05 false true ALAN JEFF P00605464 7166933797 2025-09-05 X 2024 2025-03-06 01:10:19Z X HEARTS THRIFT SHOP 5399416 false X N/A X 2003 NY THE ORGANIZATION OPERATES HEARTS THRIFT STORES AND EXISTS SOLELY TO SUPPORT THE ACTIVITIES AND PURPOSES OF HEARTS FOR THE HOMELESS OF WESTERN NEW YORK INC., A 501C3 ORGANIZATION WHICH PROVIDES PHYSICAL, EMOTIONAL, AND SPIRITUAL RELIEF TO THE HOMELESS, POOR AND DISTRESSED AND 6 5 0 23 -31312 0 2369742 0 82 9923 2591537 840680 2591619 3220345 0 0 1446321 1646319 0 141566 1064778 1147983 2511099 2794302 80520 426043 3863978 4381447 2926704 3018130 937274 1363317 THE ORGANIZATION OPERATES HEARTS THRIFT STORES AND EXISTS SOLELY TO SUPPORT THE ACTIVITIES AND PURPOSES OF HEARTS FOR THE HOMELESS OF WESTERN NEW YORK INC., A 501C3 ORGANIZATION WHICH PROVIDES PHYSICAL, EMOTIONAL, AND SPIRITUAL RELIEF TO THE HOMELESS, POOR AND DISTRESSED AND false false 2203886 2988316 THE ORGANIZATION OPERATES A THRIFT SHOP, WHERE NET RESOURCES ARE USED TO SUPPORT THE ACTIVITIES AND PURPOSES OF HEARTS FOR THE HOMELESS OF WESTERN NEW YORK, INC., AN ORGANIZATION DESCRIBED IN IRC CODE SECTION 501(C)(3), WHICH PROVIDES PHYSICAL, EMOTIONAL, AND SPIRITUAL RELIEF TO THE HOMELESS, POOR, AND DISTRESSED. 273051 DURING THE YEAR ENDED DECEMBER 31, 2024, THE ORGANIZATION RECORDED $273,051 IN SUPPORT FROM ITS RELATED ENTITY, HEARTS FOR THE HOMELESS OF WESTERN NEW YORK, INC. THIS AMOUNT REPRESENTS A JOURNAL ENTRY TO REFLECT THE TRANSFER OF PROPERTY TO HEARTS FOUNDATION, INC., RATHER THAN A CASH OR CHECK TRANSACTION. THE ENTRY WAS MADE TO PROPERLY RECORD THE CHANGE IN OWNERSHIP BETWEEN RELATED ENTITIES AND SHOULD NOT BE INTERPRETED AS A MONETARY CONTRIBUTION. 2203886 true false false false false false false false false true false false true true false false true false false false false false false false false false false false true false false false false false false false false true false false false false false false false false true 1 0 true 0 true true false false false false false false false false false false false false false X 6 5 false false false false false false false true true false true true true true true true true false true true false NY X NICHOLAS M CALANDRA 7168773536 PO BOX 437 BUFFALO NY 14223 NICHOLAS M CALANDRA CEO AND PRESIDENT 25.00 25.00 X 163000 0 0 RICHARD R IZZO MEMBER 1.00 0.00 X 0 0 0 DAVID J NORTON MEMBER 1.00 0.00 X 0 0 0 SUMMER HANDZLIK MEMBER 0.00 0.00 X 0 0 0 JOSEPH P HATCH III MEMBER AND SECRETARY 1.00 0.00 X X 0 0 0 FRANK DIMARIA MEMBER AND TREASURER 0.00 0.00 X X 0 0 0 163000 0 0 1 false true false 273051 2096691 2369742 2369742 9923 9923 10200 29833 -19633 -19633 -19633 0 3009551 2149238 860313 891625 -31312 3220345 881915 -31312 0 178285 44571 89143 44571 1415817 1146377 242439 27001 52217 24272 27945 87 87 6950 6950 94883 76935 17948 62133 8411 7239 46483 6364 6364 58222 54339 3804 79 243553 236001 7552 211432 209267 2165 25618 24661 957 172732 168371 4361 40461 40461 BANK CREDIT AND OTHER FEES 20835 15804 5031 SUPPLIES 59304 59304 WORKERS COMP AND NYSDBL 77455 76300 1155 BUSINESS MEALS 5876 3215 2661 62078 15597 23049 23432 2794302 2203886 448850 141566 75323 47395 475024 662861 69623 66353 124008 142107 16090 12318 3596858 1192351 1941141 2404507 1162769 1045906 3863978 4381447 152248 342415 41850 155 1276796 1601257 1455810 1074303 2926704 3018130 X 937274 1363317 937274 1363317 3863978 4381447 426043 0 X true X true X true false X X X 1 HEARTS FOR THE HOMELESS 223245314 7 true 0 0 1 0 true false false false false false false false false false false false false false false true false 855590 74118 781472 2741268 1118233 1623035 2404507 DUE FRO HEARTS FOR THE HOMELESS WNY 9384 RIGHT OF USE FINANCING LEASE 52800 RIGHT OF USE OPERATING LEASE 983722 1045906 LEASE OBLIGATION FINANCING LEASE 54176 LEASE OBLIGATION OPERATING LEASE 1020127 1074303 X X X false false false false false false false false false NICHOLAS M CALANDRA CEO AND PRESIDENT 155055 7945 163000 X 1 273051 COST false false false Amended return information THE FORM 990 IS BEING AMENDED AS A RESULT OF THE INDEPENDENT AUDIT FOR 2024. THE INCREASE IN NET ASSETS AS OF DECEMBER 31, 2024 IS $15,097. Form 990 governing body review Part VI line 11 THE COMPLETED FEDERAL FORM 990 AND ALL SCHEDULES ARE SENT TO THE BOARD MEMBERS FOR THEIR REVIEW PRIOR TO THE FILING WITH THE INTERNAL REVENUE SERVICE. Conflict of interest policy compliance Part VI line 12c A QUESTIONNAIRE IS SENT ANNUALLY TO THE BOARD OF DIRECTORS FOR THEM TO ANSWER IN COMPLIANCE WITH THE POLICY. THESE COMPLETED FORMS ARE THEN PRESENTED TO THE BOARD OF DIRECTORS AND PERMANENTLY RETAINED IN THE ORGANIZATIONS RECORDS. CEO executive director top management comp Part VI line 15a THE BOARD ANNUALLY REVIEWS COMPENSATION AND REVIEWS COMPARABILTY DATA. CEO COMPENSATION DISCLOSURE: THE CEOS RESPONSIBILITIES SPAN BOTH HEARTS FOUNDATION, INC AND HEARTS FOR THE HOMELESS OF WESTERN NEW YORK INC. AND COMPENSATION IS DETERMINED BASED ON THE COMBINED SCOPE OF LEADERSHIP AND OVERSIGHT ACROSS ALL AFFILIATED ENTITIES. Other officer or key employee compensation Part VI line 15b SAME AS ABOVE. Governing documents etc available to public Part VI line 19 THE ORGANIZATION POSTS ON THEIR WEBSITE, AS WELL AS IN ITS NEWSLETTER, THAT THE ANNUAL FINANCIAL STATEMENTS AND THE IRS FORM 990 ARE AVAILABLE BY CONTACTING THEIR CORPORATE OFFICE. Significant program services not listed on prior year return Part III line 2 CONTINUED FROM PART 3, LINE 1: SHARES THE GOSPEL OF JESUS CHRIST. SUPPORT INCLUDES, BUT IS NOT LIMITED TO, PROVIDING FINANCIAL SUPPORT IN THE FORM OF GRANTS AND THROUGH ADMINISTRATIVE AND FUNDRAISING SERVICES. IN ADDITION, HEARTS FOUNDATION, INC. STRIVES TO USE ITS NET PROCEEDS TO OFFSET THE GENERAL AND ADMINISTRATIVE AND FUNDRAISING EXPENSES OF HEARTS FOR THE HOMELESS OF WESTERN NEW YORK, INC. THE FINANCIAL IMPACT OF THIS STRATEGY IS REFLECTED ANNUALLY IN THE ORGANIZATIONS CONSOLIDATED FINANCIAL STATEMENTS. General explanation attachment ORGANIZATIONAL STRUCTURE AND STRATEGY: HEARTS FOUNDATION, INC. OPERATES HEARTS THRIFT STORES. THE ORGANIZATION EXISTS TO SUPPORT THE ACTIVITIES AND PURPOSES OF HEARTS FOR THE HOMELESS OF WESTERN NEW YORK INC.,: SUPPORT INCLUDES, BUT IS NOT LIMITED TO, PROVIDING FINANCIAL SUPPORT IN THE FORM OF GRANTS AND THROUGH ADMINISTRATIVE AND FUNDRAISING SERVICES. IN ADDITION, HEARTS FOUNDATION, INC. STRIVES TO USE ITS NET PROCEEDS TO OFFSET THE GENERAL AND ADMINISTRATIVE AND FUNDRAISING EXPENSES OF HEARTS FOR THE HOMELESS OF WESTERN NEW YORK, INC. THIS STRATEGIC STRUCTURE IS INTENDED TO ALLOW EVERY FINANCIAL DONATION MADE DIRECTLY TO HEARTS FOR THE HOMELESS OF WESTERN NEW YORK, INC. TO BE APPLIED FULLY TOWARDS PROGRAM SERVICES. WHILE WE ARE CONFIDENT IN THE SUSTAINABILITY OF THIS MODEL FOR THE FORSEEABLE FUTURE, ACTUAL RESULTS MAY VARY FROM YEAR TO YEAR. READERS ARE ENCOURAGED TO REVIEW THE CONSOLIDATED FINANCIAL STATEMENTS OF HEARTS FOR THE HOMELESS OF WESTERN NEW YORK, INC. FOR A COMPLETE PICTURE OF HOW THIS STRATEGY IS REFLECTED IN PRACTICE ANNUALY.