Heart Trust Inc
- Assets
- $442.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Southport, CT
- Founding
- 01/2007
- Data as of
- 12/2023
- EIN
- 20-5536661
Organization Overview
Heart Trust Inc is located in Southport, CT. The organization was established in 2007. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Heart Trust Inc 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 12/2023, Heart Trust Inc generated $163.6k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 14.5% each year . All expenses for the organization totaled $191.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE PRO BONO PEDIATRIC CARDIAC CARE AND TRAINING IN DEVELOPING COUNTRIES.
Describe the Organization's Program Activity:
Part 3
SCHOLARSHIPS TO 2 GUATEMALAN STUDENTS WHO EITHER SUFFER FROM CONGENITAL HEART DEFECTS OR HAVE A FAMILY MEMBER WITH A CONGENITAL HEART DEFECT.
SHIPPING OF DONATED HEART MONITORS AND CARDIAC CATH SUPPLIES TO DOMINICAN REPUBLIC.
CARDIAC MISSION TO SANTO DOMINGO, DOMINICAN REP. 8 OPEN HEART SURGERIES, 9 CARDIAC INTERVENTIONS & 3 ABLATIONS. DONATED MEDICAL SERVICES:$267,432; TRAVEL & HOTEL: $22,614.NON CASH DONATIONS: $15,141.
CARDIAC MISSIO TO CAIRO, EGYPT. PERFORMED 18 OPEN HEART SURGERIES; 3 CARDIAC CATHETERIZATIONS & 18 ABLATIONS. DONATED MEDICAL SERVICES:$275,331; TRAVEL AND HOTEL: $72,532. PURCHASED SUPPLIES: $10,850 NONCASH DONATIONS:$82,245
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shereen Abdel-Meguid President | 16 | $0 | |
Ellen Moquete Secretary | 0.5 | $0 | |
David Chan Director | 1 | $0 | |
Mark Galantowicz Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $163,577 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $66 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $163,643 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $280 |
| Other expenses | $123,665 |
| Total expenses | $191,240 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $442,183 |
| Other assets | $0 |
| Total assets | $442,183 |
| Total liabilities | $0 |
| Net assets or fund balances | $442,183 |