Team Heart Incorporated
- Assets
- $1.1m
- Revenue
- $857.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Milton, MA
- Founding
- 03/2010
- Data as of
- 12/2023
- EIN
- 27-1435443
Organization Overview
Team Heart Incorporated is located in Milton, MA. The organization was established in 2010. According to its NTEE Classification (E70) the organization is classified as: Public Health, 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. Team Heart Incorporated 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, Team Heart Incorporated generated $857.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (8.2%) each year. All expenses for the organization totaled $745.5k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (9.1%) per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ADDRESS THE BURDEN OF CARDIOVASCULAR DISEASE IN RWANDA BY INCREASING ACCESS TO CARE THROUGH SHARING DATA, IMPROVEMENT OF FACILITIES, EDUCATION AND SKILL TRANSFER, AND ACCESS TO ESSENTIAL CARDIAC MEDICATIONS AND SUPPLIES FOR ALL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2023, TEAM HEART PARTNERED WITH THE RWANDA MINISTRY OF HEALTH, RWANDA BIOMEDICAL CENTER, AND, AND AMERICAN COLLEGE OF SURGEONS WITH KING FAISAL HOSPITAL ON BUILDING A SUSTAINABLE CARDIAC SURGICAL PROGRAM. TEAM HEART TRAVELED ON 4 TRIPS TO PROVIDE DIRECT CARE, AND TRANSFER SKILLS IN SURGERY, CRITICAL AND ICU NURSING. THROUGHOUT THE YEAR THE NURSING VOLUNTEER TEAM LED INITIATIVES TO PROVIDE CONSISTENT EDUCATION THROUGH ONLINE MENTORING, LEADING TO THE CREATION OF A SELF-DIRECTED ICU NURSE ORIENTATION. TWENTY- FOUR PATIENTS RECEIVED DIRECT SURGICAL CARE WITH 36 DONATED VALVES. THROUGH OUR COMMITMENT TO SUPPORT CARDIOLOGY SCREENING IN THE ABSENCE OF A CARDIOLOGIST SENT ABROAD FOR ONE YEAR FOR TRAINING, WE TRAVELED ON 6 SURGICAL SCREENING TRIPS AND PROVIDED NURSE-DIRECTED ECHO SKILLS AT 7 SITES. THIS PROGRAM LED TO THE REQUEST IN NOVEMBER TO COMMIT TO FIVE SITES IN 2024 TO STRENGTHEN CARDIAC CARE IN THE COMMUNITY, FURTHER STRENGTHENING OUR ROLE. TEAM HEART VOLUNTEERS PRESENTED AT FOUR INTERNATIONAL MEETINGS AND HAVE FIVE ACTIVE IRB PROPOSALS. THEY INCLUDE; A. THE IMPACT ON PREGNANCY IN PATIENTS WITH MECHANICAL VALVES, B. THE COST-EFFECTIVENESS OF SURGERY IN RESOURCE-POOR SETTINGS, C. THE EFFECTIVENESS OF IMAGE STORAGE AND SHARING TO IMPROVE KNOWLEDGE OF NCD PROVIDERS D. EFFECT OF RHD NURSE EDUCATION IN HEALTH CENTERS. E. EFFECTIVENESS OF SELF-GUIDED LEARNING FOR ICU ORIENTATION.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cecilia Patton Bolman Executive Di | OfficerTrustee | 40 | $0 |
R Morton Bolman III President | OfficerTrustee | 15 | $0 |
Poornima Bedi Board Member | Trustee | 5 | $0 |
Douglas M Ferguson Board Member | Trustee | 5 | $0 |
Amy Fiedler Board Member | Trustee | 5 | $0 |
Dirksen Lehman Board Member | Trustee | 5 | $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 | $851,262 |
| Noncash contributions included in lines 1a–1f | $218,282 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $851,262 |
| Total Program Service Revenue | $0 |
| Investment income | $1,267 |
| 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 | $857,704 |
| 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 | $69,750 |
| 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 | $80,991 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $75 |
| Fees for services: Accounting | $9,777 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $23,255 |
| Advertising and promotion | $0 |
| Office expenses | $25,368 |
| Information technology | $18,320 |
| Royalties | $0 |
| Occupancy | $23,470 |
| Travel | $118,362 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,175 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,333 |
| Insurance | $2,872 |
| All other expenses | $24,918 |
| Total functional expenses | $745,504 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $130,384 |
| Savings and temporary cash investments | $73,744 |
| Pledges and grants receivable | $104,162 |
| 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 | $609,523 |
| Prepaid expenses and deferred charges | $2,094 |
| Net Land, buildings, and equipment | $222,739 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,142,646 |
| Accounts payable and accrued expenses | $47,500 |
| 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 | $47,500 |
| Net assets without donor restrictions | $883,984 |
| Net assets with donor restrictions | $211,162 |
| 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 | $1,142,646 |