Nonprofit · EIN 20-8921691
HEARTS FOR LOVE WORLDWIDE INC
Tax-exempt · SEDONA, AZ 86351
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $68,000 | $63,872 | $4,128 | $4,128 | $0 | $4,128 |
| December 31, 2023 | 990-EZ | $88,212 | $81,209 | $7,003 | $7,003 | – | $7,003 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $68,000
- Program service revenue
- $0
- Investment income
- $0
Expenses
- Grants and similar amounts paid
- $43,932
- Benefits paid to members
- $4,197
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $1,033
- Occupancy
- $923
- Printing, publications and postage
- $894
- Other expenses
- $12,893
- Program services (functional)
- $68,000
Balance sheet and other
- Total assets, start of year
- $75,003
- Total assets, end of year
- $4,128
- Total liabilities, end of year
- $0
- Net assets, end of year
- $4,128
- Cash, savings and investments
- $4,128
- Gross receipts
- $68,000
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Lory Jacobs | President CEO | 80 | $0 |
| Holly Caulfield | Education Liaison | 50 | $0 |
| Jennie Friesthler | Expense Auditor | 10 | $0 |
| Alison Potter | Board of Directors President | 3 | $0 |
990-EZ for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Lory Jacobs | President CEO | 80 | $0 |
| Holly Caulfield | Education Liaison | 50 | $0 |
| Jennie Friesthler | Expense Auditor | 10 | $0 |
| Alison Potter | Board of Directors -President | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 130 COURTHOUSE BUTTE RD, SEDONA, AZ 86351-7763
- In care of
- % LORY JACOBS
- Mailing address (990-N for 2025)
- 130 Courthouse Butte Road, Sedona AZ 86351
- Principal officer (990-N for 2025)
- Lory Jacobs, 130 Courthouse Butte Road, Sedona AZ 86351
- Signed the 990-EZ
- Jennie, Friesthler
Mission
Education Program
Program accomplishments
- To solicit sponsors for Kenyan school students; providing tuition books uniforms boarding fees for many and school necessities for all. Serving 100 students from preschool to University levels. Transportation is provided as well as food and lodging during school breaks for several orphans or others depending on needs and circumstances. This EXPENSE IS SHOWN ON LINE 10 and is supported thru our sponsors.Expenses $43,932
- Occasionally a sponsor may elect to assist their sponsored child with a donation toward the workshops or special educational program provided. Other than that workshops are offered to students and parents in a variety of forums Often working with illiterate women at no charge. Such may include money management preparation of healthier family meals and better communication skills where poverty is so prevalent.Expenses $24,068
- The two staff women solely support a small business run by women. The store supplies daily needs but moreover supplies financial support for these barely literate and otherwise unemployable women with opportunities to learn marketable trades help their community and help elevate their self esteem. The program is showing success and we hope will be self sustaining one day.
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-N on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 20-8921691
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2008
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Education (B82)
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-N for 2025 Officer: Lory Jacobs | December 31, 2025 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-EZ | December 2024 | $68,000 | $63,872 | $4,128 | XML |
| 990-EZ | December 2023 | $88,212 | $81,209 | $7,003 | XML |
| 990-N for 2022 Officer: Lory Jacobs | December 31, 2022 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2020 Officer: Lory Jacobs | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2019 Officer: Lory Jacobs | December 31, 2019 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-8921691).
Questions about HEARTS FOR LOVE WORLDWIDE INC
- What is the EIN of HEARTS FOR LOVE WORLDWIDE INC?
- The employer identification number (EIN) of HEARTS FOR LOVE WORLDWIDE INC is 20-8921691.
- Is HEARTS FOR LOVE WORLDWIDE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
- Are donations to HEARTS FOR LOVE WORLDWIDE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HEARTS FOR LOVE WORLDWIDE INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of HEARTS FOR LOVE WORLDWIDE INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did HEARTS FOR LOVE WORLDWIDE INC last file with the IRS?
- The latest return in the IRS public files is the 990-N for 2025 for the year ended December 31, 2025.
- Who is the principal officer of HEARTS FOR LOVE WORLDWIDE INC?
- The 990-N for 2025 names Lory Jacobs.
- Who are the officers and directors of HEARTS FOR LOVE WORLDWIDE INC?
- The 990-EZ for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does HEARTS FOR LOVE WORLDWIDE INC have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $68,000, expenses of $63,872 and total assets of $4,128 at year end.
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