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3 Heart Strings Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 475470966 ✦ Coral springs, FL ✦ Designated as a 501(c)(3)

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Overview

What is 3 Heart Strings Inc?

3 Heart Strings Inc is a nonprofit organization, initially driven by teenagers who aimed to fulfill a traditional mitzvah by donating 100% of their earnings to charitable causes. Their parents established the organization as a legal entity to support their altruistic endeavors. The heart of 3 Heart Strings' activities lies in creating and selling bracelets, with all profits going towards various charities. One of their notable fundraising initiatives was for Margory Stoneman Douglas, where they offered financial assistance to 35 families affected by a tragic incident. The organization continues its mission of raising funds for charitable organizations, with the teenagers themselves crafting the bracelets.

Is 3 Heart Strings Inc legitimate?

3 Heart Strings Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. 3 Heart Strings Inc submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

What is the mission statement of 3 Heart Strings Inc?

3 Heart Strings Inc, as a non-profit organization, primarily focuses on raising funds for various charitable causes. They achieve this by selling handcrafted bracelets and donating the profits directly to these organizations. Initially, the founders of the organization, who were teenagers, had been carrying out this tradition of making 100% donations to charities in previous years. To legitimize their efforts and provide a structured platform, their parents established 3 Heart Strings Inc. One of their notable fundraising initiatives was for Margory Stoneman Douglas, where they provided financial assistance to 35 families of victims, derived from the profits generated from selling the bracelets.

Who is the CEO of 3 Heart Strings Inc?

Hanna Guttentag is the President of 3 Heart Strings Inc.

What is the revenue of 3 Heart Strings Inc?

3 Heart Strings Inc's revenue in 2022 was $36,636.

Who are the executives of 3 Heart Strings Inc and what are their salaries?


Here are 6 key members and their salaries:


Hanna Guttentag (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sofia Rothenberg (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gabrielle Fisher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lauren Ofstein (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicole Rothenberg (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mindy Guttentag (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for 3 Heart Strings Inc?

3 Heart Strings Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of 3 Heart Strings Inc

3 Heart Strings Inc, a non-profit organization, is dedicated to raising funds for charitable causes. The organization was initiated by teenagers as a means to fulfill a traditional mitzvah, committing to donate 100% of their earnings to charitable organizations. Recognizing the significance of their efforts, their parents established 3 Heart Strings Inc to legitimize their philanthropic work. The teenagers themselves are involved in the creation of the bracelets that serve as the primary fundraising tool.

One of the notable initiatives taken by 3 Heart Strings Inc was their fundraising effort for Margory Stoneman Douglas, a cause close to their hearts. They raised funds by selling bracelets, and the profits from these sales were used to compensate 35 families of victims. This act of generosity underscores the organization's commitment to making a tangible impact in the lives of those in need.

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Impact




August, 2024

3 Heart Strings Inc has had a significant impact by raising money for charities through the sale of bracelets. This organization was started by teenagers with the goal of making 100% donations to charitable organizations. Their efforts have been instrumental in supporting causes such as aiding the families of victims from the Margory Stoneman Douglas tragedy. Through their dedication to making a difference, 3 Heart Strings Inc has shown that youth can be a powerful force for positive change in their community and beyond.




This information is meant to be a general summary of 3 Heart Strings Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$36,636 (2022)
Expenses
$46,825 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $40,332

Assets and Liabilities:

  • Total Assets: $10,309
  • Total Liabilities: $0
  • Net Assets: $10,309

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Organization Details

Principal Officer

Hanna Guttentag

Main Address

5531 N UNIVERSITY DRIVE, CORAL SPRINGS, FL, 33067

NTEE Category

Code: O50 - Youth development

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