Nonprofit · EIN 62-1663866
HEARTS & HANDS SCHOLARSHIP FUND
Tax-exempt (reinstated) · TOWNSEND, TN 37882
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $83,012 | $49,430 | $33,582 | $582,213 | $0 | $582,213 |
| December 31, 2024 | 990-EZ | $82,721 | $56,312 | $26,409 | $481,267 | $0 | $481,267 |
| December 31, 2023 | 990-EZ | $92,217 | $44,105 | $48,112 | $362,719 | $0 | $362,719 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $72,008
- Program service revenue
- $0
- Investment income
- $11,004
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $40,200
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $49,430
Balance sheet and other
- Total assets, start of year
- $481,268
- Total assets, end of year
- $582,213
- Total liabilities, end of year
- $0
- Net assets, end of year
- $582,213
- Publicly traded securities
- $562,346
- Gross unrelated business income
- $11,004
- Gross receipts
- $83,012
- Employees
- 0
- Volunteers
- 25
- Year formed
- 1992
- State of legal domicile
- TN
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 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Sandra Headrick | President Officer | 1 | $0 |
| Cindy Cutting | Treasurer Officer | 5 | $0 |
| Deb Dickie | Secretary Officer | 5 | $0 |
| Sara Hill | Board Member Officer | 5 | $0 |
| Julie Prater | Board Member Officer | 5 | $0 |
| Gayle Girard | Board Member Officer | 1 | $0 |
| Loren Abbott | Board Member Officer | 1 | $0 |
990-EZ for the year ended December 31, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Sandra Headrick | President | 5 | $0 |
| Cindy Cutting | Treasurer | 10 | $0 |
| Deb Dickie | Secretary | 5 | $0 |
| Nancy Blachowski | Internet sales | 10 | $0 |
| Loren Abbott | Board Member | 5 | $0 |
| Gayle Girard | Board Member | 5 | $0 |
| Julie Prater | Board Member | 5 | $0 |
990-EZ for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Sandy Headrick | President | 5 | $0 |
| Cindy Cutting | Treasurer | 10 | $0 |
| Deb Dickie | Secretary | 10 | $0 |
| Susan Pasquini | Board Member | 10 | $0 |
| Loren Abbott | Board Member | 5 | $0 |
| Gayle Girard | Board Member | 5 | $0 |
| Nancy Blachowski | Board Member | 10 | $0 |
| Julie Prater | Board Member | 5 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 334, TOWNSEND, TN 37882-0334
- Mailing address (990-N for 2018)
- PO BOX 242, TOWNSEND TN 378820242
- Principal officer (990 for 2025)
- Sandra Headrick, East Chestnut Hill Road, PO Box 334, Townsend, TN 37882
- Principal officer (990-N for 2018)
- Cindy Cutting, PO Box 334, Townsend TN 37882
- Signed the 990
- Cindy Cutting, Treasurer
- Phone
- (865) 323-3889
- Website
- heartsandhandsfund.org
Mission
Our sole purpose is to provide scholarship gifts to Townsend students continuing their education in accredited secondary schools including both colleges and trade schools.
Program accomplishments
- Our sole purpose is to provide scholarship gifts to local students continuing their education by attending accredited college or trade schools. These gifts may be used for tuition, books, or other costs of attending school.Expenses $49,430 · grants $40,200 · revenue $82,721
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. 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 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
- 62-1663866
- 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
- 2016
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $582,213
- Income (IRS master file)
- $83,012
Revocation and reinstatement
- Exemption revoked
- May 15, 2013
- Posted by the IRS
- April 26, 2016
- Reinstated
- Effective May 15, 2013
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $83,012 | $49,430 | $582,213 | IRS |
| 990-EZ | December 2024 | $82,721 | $56,312 | $481,267 | XML |
| 990-EZ | December 2023 | $92,217 | $44,105 | $362,719 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-N for 2018 Officer: Cindy Cutting | December 31, 2018 | ≤ $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 62-1663866).
Questions about HEARTS & HANDS SCHOLARSHIP FUND
- What is the EIN of HEARTS & HANDS SCHOLARSHIP FUND?
- The employer identification number (EIN) of HEARTS & HANDS SCHOLARSHIP FUND is 62-1663866.
- Is HEARTS & HANDS SCHOLARSHIP FUND tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2013 and reinstated it effective May 15, 2013.
- Are donations to HEARTS & HANDS SCHOLARSHIP FUND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HEARTS & HANDS SCHOLARSHIP FUND file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of HEARTS & HANDS SCHOLARSHIP FUND 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 & HANDS SCHOLARSHIP FUND last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of HEARTS & HANDS SCHOLARSHIP FUND?
- The 990 for the year ended December 31, 2025 names Sandra Headrick.
- Who are the officers and directors of HEARTS & HANDS SCHOLARSHIP FUND?
- The 990 for the year ended December 31, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does HEARTS & HANDS SCHOLARSHIP FUND have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $83,012, expenses of $49,430 and total assets of $582,213 at year end.
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- SUDMAN FOUNDATION EIN 27-2813852 · last filed 990-N for 2025
- GREAT SMOKY MOUNTAIN INSTITUTE EIN 62-1833479 · last filed 990 for 2025
- APPALACHIAN BLACK BEAR REHABILITATION AND RELEASE CENTER EIN 58-1919032 · last filed 990 for 2025
- CHILDRENS BIBLE MINISTRIES INC EIN 59-0662267 · last filed 990 for 2025
- GREAT SMOKY MOUNTAIN HERITAGE CENTER INC EIN 62-1821411 · last filed 990 for 2024
- TOWNSEND AREA VOLUNTEER FIRE DEPARTMENT EIN 62-1194641 · last filed 990 for 2025
- TOWNSEND HERITAGE COUNCIL INC EIN 31-1626406 · last filed 990-EZ for 2024