Practical Heart
- Assets
- $7.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Soquel, CA
- Founding
- 11/2009
- Data as of
- 12/2017
- EIN
- 26-4153669
Organization Overview
Practical Heart is located in Soquel, CA. The organization was established in 2009. According to its NTEE Classification (P51) the organization is classified as: Financial Counseling, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Practical Heart 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 12/2017, Practical Heart generated $16.3k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 50.3% each year . All expenses for the organization totaled $9.3k during the year ending 12/2017. 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
2017
Describe the Organization's Program Activity:
Part 3
PROVIDED TIMELY MONEY MANAGEMENT SERVICE TO MULTIPLE CLIENTS.
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PDF Copies of 990 Filings
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $16,251 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $16,251 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $7,403 |
| Professional fees and other payments to independent contractors | $260 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,599 |
| Total expenses | $9,262 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $7,034 |
| Other assets | $0 |
| Total assets | $7,034 |
| Total liabilities | $0 |
| Net assets or fund balances | $7,034 |