Sophias Heart Foundation Inc
- Assets
- $0.0
- Revenue
- $320.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Brentwood, TN
- Founding
- 03/2009
- Data as of
- 12/2019
- EIN
- 26-3807015
Organization Overview
Sophias Heart Foundation Inc is located in Brentwood, TN. The organization was established in 2009. 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. Sophias 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 12/2019, Sophias Heart Foundation Inc generated $320.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (37.8%) each year. All expenses for the organization totaled $47.1k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (48.0%) per year over the past 5 years. 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
TO HELP MEND AND HEAL HEARTS OF CHILDREN AND FAMILIES WHO HAVE BEEN TOUCHED BY POVERTY, SICKNESS, DISEASE AND BROKEN HOMES
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED MUSICAL PROGRAMS, WHICH CONTENTED SINGING, DANCING AND AUDIO/VIDEO RECORDING AND EDITING FOR CHILDREN
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Danny Gokey President | Officer | 1 | $0 |
Jennifer Ranson Director | Trustee | 1 | $0 |
Hsing Liu Ceo, Director | Trustee | 40 | $0 |
Financial Statements
| 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 | $10,431 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,431 |
| Total Program Service Revenue | $0 |
| Investment income | $29 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $309,987 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $320,447 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $40,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,000 |
| 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 | $21 |
| 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 | $0 |
| All other expenses | $2,800 |
| Total functional expenses | $47,066 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| Other assets | $0 |
| Total assets | $0 |
| 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 | $0 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, Sophias Heart Foundation Inc has awarded $380,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Brentwood, TN PURPOSE: PROGRAM ASSISTANCE | $330,000 |
Nashville, TN PURPOSE: PROGRAM ASSISTANCE | $50,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Sophias Heart Foundation Inc has recieved totaling $6,000.
| Awarding Organization | Amount |
|---|---|
Together We Feed Charlotte, NC PURPOSE: support at-risk youth | $6,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Piedmont Heart Institute Inc Atlanta, GA | $3,754,448 | $3,667,027 |
American Society Of Nuclear Cardiology Fairfax, VA | $8,246,675 | $3,510,626 |
The Mended Hearts Inc Albany, GA | $2,067,505 | $2,082,676 |
Military Order Of The Purple Heart Of The Usa Springfield, VA | $3,829,714 | $743,495 |
Carteret Heart And Vascular Emerald Isle, NC | $325,180 | $1,440,782 |
Stroke Comeback Center Vienna, VA | $795,388 | $922,030 |
American Heartworm Society Inc Apex, NC | $1,092,551 | $633,346 |
Heartbright Foundation Charlotte, NC | $190,051 | $715,274 |
Associated Builders & Contractors Kansas City, MO | $1,471,289 | $917,710 |
Amercian Board Of Cardiovascular Perfusion Hattiesburg, MS | $1,220,637 | $830,354 |
Manufacturers Standardization Society Of The Valve & Fittings In Vienna, VA | $2,991,924 | $935,103 |
Cardiovascular Outcomes Inc Weston, MO | $3,996,144 | $97,309 |