Saving Tiny Hearts Society
- Assets
- $958.8k
- Revenue
- $511.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Buffalo Grove, IL
- Founding
- 05/2007
- Data as of
- 12/2022
- EIN
- 20-5505536
Organization Overview
Saving Tiny Hearts Society is located in Buffalo Grove, IL. The organization was established in 2007. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Saving Tiny Hearts Society is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Saving Tiny Hearts Society generated $511.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $325.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Saving Tiny Hearts Society has awarded 39 individual grants totaling $2,550,692. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
RAISE MONEY TO FUND THE RESEARCH OF CONGENITAL HEART DEFECTS IN CHILDREN
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION WAS ABLE TO PROVIDE GRANT FUNDING TO 5 RECIPIENTS PERFORMING RESEARCH OF CONGENITAL HEART DEFECTS IN NEWBORN BABIES. THE AVERAGE GRANT TO REACH RECIPIENT WAS $75,000.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Larry Kluge Chairman | OfficerTrustee | 0.25 | $0 |
Brian Paul President | OfficerTrustee | 3 | $0 |
James Conzemius Vice President & Secretary | OfficerTrustee | 1 | $0 |
Bridget Zocher Treasurer | OfficerTrustee | 2 | $0 |
Francie Paul Director | Trustee | 5 | $0 |
Steven Harfield Director | Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $476,115 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $75,493 |
| Noncash contributions included in lines 1a–1f | $114,173 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $551,608 |
| Total Program Service Revenue | $0 |
| Investment income | $930 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$2,693 |
| Net Income from Fundraising Events | -$37,992 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $511,853 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $284,794 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,488 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $726 |
| Advertising and promotion | $0 |
| Office expenses | $2,713 |
| Information technology | $1,561 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,666 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $150 |
| Insurance | $1,135 |
| All other expenses | $0 |
| Total functional expenses | $325,746 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $958,681 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $87 |
| Other assets | $0 |
| Total assets | $958,768 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $958,768 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $958,768 |
Grants Awarded
Over the last fiscal year, Saving Tiny Hearts Society has awarded $372,568 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF ARIZON PURPOSE: CONGENITAL HEART DEFECT RESEARCH | $75,000 |
UNIVERSITY OF CALIFORNIA-SAN DIEGO PURPOSE: CONGENITAL HEART DEFECT RESEARCH | $75,000 |
NATIONWIDE CHILDREN'S HOSPITAL PURPOSE: CONGENITAL HEART DEFECT RESEARCH | $74,683 |
MEDICAL UNIVERSITY OF SOUTH CAROLINA PURPOSE: CONGENITAL HEART DEFECT RESEARCH | $75,000 |
JOHN HOPKINS UNIVERSITY PURPOSE: CONGENITAL HEART DEFECT RESEARCH | $72,885 |