New Heart Foundation
- Assets
- $75.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Edmonds, WA
- Founding
- 08/2011
- EIN
- 27-2757176
Organization Overview
New Heart Foundation is located in Edmonds, WA. The organization was established in 2011. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Heart Foundation 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 undefined, New Heart Foundation generated $50.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (22.9%) each year. All expenses for the organization totaled $106.8k during the year ending undefined. You can explore the organizations financials more deeply in the financial statements section below.
Limited Data Available: This organization filed their most recent 990 in paper format. This filing methodology limits the information that can be extracted from the filing.Limited Data Available: This organization is one of the few in our database that filed their most recent 990 with the IRS in paper format. This filing methodology limits the information that can be extracted from the filing. This will, however, be changing soon; The IRS now requires all organizations to file their 990s electronically.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $48,038 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,491 |
| Gain or Loss | $756 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $50,285 |
| Statement of Expenses | |
|---|---|
| Total expenses | $106,782 |
| Balance Sheet | |
|---|---|
| Total assets | $75,367 |
| Total liabilities | $1,747 |
| Net assets or fund balances | $73,620 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that New Heart Foundation has recieved totaling $3,415.
| Awarding Organization | Amount |
|---|---|
Business 2 Mission Monroe, WA PURPOSE: OFFER THE BROKEN AND HURTING AN OPPORTUNITY TO EXPERIENCE THE REDEMPTIVE, HEALING, TRANSFORMATIVE PRESENCE OF GOD WITHIN A LOCAL CHURCH MINISTRY DESIGNED UNIQUELY FOR THEM. CREATE AN ENTRY POINT IN THE CHURCH FOR THE MULTIPLIED HUNDREDS OF BROKEN AND HURTING LOST AND HOPELESS IN OUR CULTURE. SHARE WITH THEM THE AMAZING OPPORTUNITY TO EXPERIENCE WHAT THEY NEVER DREAMED POSSIBLE: | $3,250 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $165 |
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|---|---|---|
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Water First International Seattle, WA | $2,744,455 | $2,323,784 |
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Ikatu Foundation Coupeville, WA | $8,280,121 | $112,583 |
Arches Alaska Homer, AK | $372,766 | $923,380 |
First Alaskans Endowment Fund Anchorage, AK | $19,926,302 | $1,559,797 |
Robert J And Leona Dearmond Public Foundation Portland, OR | $2,287,442 | $129,691 |
Central Washington Catholic Foundation Yakima, WA | $5,528,844 | $913,088 |
300sl Foundation Fox Island, WA | $175,326 | $622,398 |
Blum Family Foundation Medford, OR | $6,241,760 | $263,748 |
Bosco-Milligan Foundation Portland, OR | $2,870,580 | $834,708 |
For The Kids Foundation Inc Anchorage, AK | $481,450 | $584,045 |