Matthews Hearts Of Hope Inc
- Assets
- $148.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sherman, CT
- Founding
- 04/2013
- Data as of
- 12/2021
- EIN
- 45-3984506
Organization Overview
Matthews Hearts Of Hope Inc is located in Sherman, CT. The organization was established in 2013. According to its NTEE Classification (E60) the organization is classified as: Health Support, 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. Matthews Hearts Of Hope 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 12/2021, Matthews Hearts Of Hope Inc generated $58.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.2%) each year. All expenses for the organization totaled $22.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.2%) per year over the past 7 years. 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
2021
Describe the Organization's Program Activity:
Part 3
THE MATTHEWS HEARTS OF HOPE RESEARCH GRANT IS A ONE-TIME AWARD FOR FULL-TIME PEDIATRIC CARDIOLOGY FELLOWS CONDUCTING RESEARCH TO ADVANCE KNOWLEDGE ABOUT CONGENITAL HEART DEFECTS DURING THEIR ACADEMIC YEAR. UP TO FIVE AWARDS RANGING FROM $2,500 - $5,000 PER RECIPIENT WILL BE MADE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Synder MD Director | 1 | $0 | |
Kevin Ferguson Director | 1 | $0 | |
Charles Timberlake Director | 1 | $0 | |
Kevin J Clerkin Director | 1 | $0 | |
Marie Hatcher President/co-Founder | 25 | $0 | |
Michael Hatcher Vice President/co-Founder | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $62,751 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $12 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$3,814 |
| Other Revenue | $0 |
| Total Revenue | $58,949 |
| 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 | $260 |
| Other expenses | $2,380 |
| Total expenses | $22,440 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $148,510 |
| Other assets | $0 |
| Total assets | $148,510 |
| Total liabilities | $0 |
| Net assets or fund balances | $148,510 |
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