Young Hearts Inc
- Assets
- $82.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fairfax, VA
- Founding
- 10/2008
- Data as of
- 10/2023
- EIN
- 26-1269970
Organization Overview
Young Hearts Inc is located in Fairfax, VA. The organization was established in 2008. According to its NTEE Classification (G12) the organization is classified as: Fund Raising & Fund Distribution, 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. Young Hearts 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 10/2023, Young Hearts Inc generated $92.6k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $53.3k during the year ending 10/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barbara Mclaughlin President | 12 | $0 | |
Mary Angelo Vice President | 2 | $0 | |
Michael Mclaughlin Secretary-Treasurer | 2 | $0 | |
Lucy Beck Director | 3 | $0 | |
Mary Lee Director | 4 | $0 | |
Sarah Bradley Vice President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $105,460 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$12,844 |
| Other Revenue | $0 |
| Total Revenue | $92,616 |
| 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 | $68 |
| Other expenses | $3,095 |
| Total expenses | $53,320 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $82,260 |
| Other assets | $0 |
| Total assets | $82,260 |
| Total liabilities | $0 |
| Net assets or fund balances | $82,260 |