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Nonprofit · EIN 32-0348032

WE ARE CHERISHED INC

Also known as VALIANT HEARTS

Tax-exempt · SOUTHLAKE, TX 76092

Financials

$246K$206K2023$249K$226K2024
Revenue Expenses · by fiscal year end
Financials of WE ARE CHERISHED INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$249,211$225,716$23,495$227,964$4,561$223,403
December 31, 2023990$245,822$205,608$40,214$206,017$6,109$199,908
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$247,960
of which government grants
$89,737
Program service revenue
$0
Investment income
$27
Other revenue
$1,224

Expenses

Grants and similar amounts paid
$16,278
Compensation of officers, directors and key employees
$132,923
Salaries, compensation and benefits (total)
$144,091
Professional fundraising fees
$0
Accounting fees
$1,500
Travel
$1,156
Program services (functional)
$211,380
Management and general (functional)
$11,532
Fundraising (functional)
$2,804

Balance sheet and other

Total assets, start of year
$206,017
Total assets, end of year
$227,964
Total liabilities, end of year
$4,561
Net assets, end of year
$223,403
Net assets without donor restrictions
$223,403
Gross receipts
$249,211
Employees
2
Year formed
2011
State of legal domicile
TX

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
Collen FenelonTreasurer
Trustee or director
2$0
Jonathon SawyerVice Chairman
Trustee or director
2$0
Jill TuggleSecretary
Trustee or director
2$0
Janet LovrienExecutive Director
Officer
40$0
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
Jonathon SawyerVice Chairman
Trustee or director
2$0
Jill TuggleSecretary
Trustee or director
2$0
Collen FenelonTreasurer
Trustee or director
2$0
Janet LovrienExecutive Director
Officer
40$0

Address and contacts

Address (IRS master file)
PO BOX 92511, SOUTHLAKE, TX 76092-0511
In care of
% JANET LOVRIEN
Mailing address (990-N for 2011)
PO Box 92511, Southlake TX 76092
Principal officer (990-N for 2011)
Polly Wright, 309 Waterford, Southlake TX 76092
Signed the 990
JANET LOVRIEN, Executive Director
Phone
(817) 329-6921
Return prepared by
Day Tax Group LLC

Mission

SEE SCHEDULE O

990 for the year ended December 31, 2024

Program accomplishments

  • SEE SCHEDULE O
    Expenses $211,380 · grants $16,278

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
32-0348032
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
2012
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Religion-related (X20)
Assets (IRS master file)
$227,964
Income (IRS master file)
$249,211

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$249,211$225,716$227,964XML
990December 2023$245,822$205,608$206,017XML
990December 2022$340,317$353,846$166,861IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS
990-N for 2011
Officer: Polly Wright
December 31, 2011≤ $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 32-0348032).

Questions about WE ARE CHERISHED INC

What is the EIN of WE ARE CHERISHED INC?
The employer identification number (EIN) of WE ARE CHERISHED INC is 32-0348032.
Is WE ARE CHERISHED INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
Are donations to WE ARE CHERISHED INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does WE ARE CHERISHED INC 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 WE ARE CHERISHED INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did WE ARE CHERISHED INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of WE ARE CHERISHED INC?
The 990-N for 2011 names Polly Wright.
Who are the officers and directors of WE ARE CHERISHED INC?
The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does WE ARE CHERISHED INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $249,211, expenses of $225,716 and total assets of $227,964 at year end.

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