Living Heart Foundation Inc is located in Little Silver, NJ. The organization was established in 2001. According to its NTEE Classification (G43) the organization is classified as: Heart & Circulatory System Diseases & Disorders, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Living Heart Foundation 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 12/2021, Living Heart Foundation Inc generated $325.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $189.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO COMBAT CARDIOVASCULAR DISEASE BY EDUCATION, RESEARCH, SCREENING AND INTERACTIONAL PROGRAMS
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO COMBAT CARDIOVASCULAR DISEASE BY EDUCATION, RESEARCH, SCREENING AND INTERACTIONAL PROGRAMS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Arthur J Roberts Director | OfficerTrustee | 20 | $0 |
Robert Mccunney Trustee | Trustee | 10 | $0 |
Timothy Fallon Trustee | Trustee | 10 | $0 |
Edward Malmstram Trustee | Trustee | 10 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $325,000 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $325,000 |
Total Program Service Revenue | $0 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $324,997 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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 | $77,500 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $7,431 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $4,553 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
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 | $0 |
Insurance | $9,023 |
All other expenses | $2,605 |
Total functional expenses | $189,886 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $124,132 |
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 | $12,138 |
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 | $2,118 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $138,388 |
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 | $41,567 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $1,937 |
Total liabilities | $43,504 |
Net assets without donor restrictions | $94,884 |
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 | $138,388 |
Over the last fiscal year, we have identified 1 grants that Living Heart Foundation Inc has recieved totaling $325,000.
Awarding Organization | Amount |
---|---|
Professional Athletes Foundation Washington, DC PURPOSE: FORMER PLAYERS PROGRAMS | $325,000 |
Organization Name | Assets | Revenue |
---|---|---|
Humc Cardiovascular Partners Pc Edison, NJ | $11,041,395 | $45,317,775 |
The Heart Group Of Lancaster General Health Lancaster, PA | $8,306,445 | $18,701,008 |
Sacred Heart Villa Assisted Living Community Reading, PA | $2,656 | $2,071,500 |
Adult Congenital Heart Association Inc Media, PA | $1,775,522 | $2,125,476 |
Childrens Cardiomyopathy Foundation Inc Tenafly, NJ | $2,994,643 | $890,184 |
International Atherosclerosis Society Woodcliff Lake, NJ | $522,027 | $795,356 |
American Journal Of Hypertension Ltd New York, NY | $7,453,891 | $563,715 |
Foundation For Women And Girls With Blood Disorders Montclair, NJ | $1,570,346 | $760,033 |
Cardiovascular Institute Philadelphia, PA | $711,582 | $487,550 |
Center For Vascular Awareness Inc Latham, NY | $3,489,182 | $633,176 |
Pakistan Childrens Heart Foundation North America Inc Scarsdale, NY | $608,851 | $962,859 |
Con Solatio Brooklyn, NY | $2,132,249 | $310,137 |