Racing Hearts
- Assets
- $168.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Palo Alto, CA
- Founding
- 08/2012
- Data as of
- 12/2021
- EIN
- 45-5271941
Organization Overview
Racing Hearts is located in Palo Alto, CA. The organization was established in 2012. 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. Racing Hearts 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, Racing Hearts generated $4.0k 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 (40.7%) each year. All expenses for the organization totaled $76.2k during the year ending 12/2021. 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
PROVIDING AED AND AED EDUCATION IN SCHOOL DISTRICTS, POLICE DEPARTMENTS AND SMALL SERVICE CENTERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Bernard Treasurer | 15 | $9,000 | |
Stephanie Martinson President | 25 | $0 | |
Cindy Chang Board Member | 1 | $0 | |
Anne Cribbs Board Member | 1 | $0 | |
John Goldman Board Member | 1 | $0 | |
Shari Shoenfeld Meyers Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,966 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $3,966 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $261 |
| Salaries, other compensation, and employee benefits | $9,000 |
| Professional fees and other payments to independent contractors | $2,982 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $63,943 |
| Total expenses | $76,186 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $168,323 |
| Other assets | $0 |
| Total assets | $168,323 |
| Total liabilities | $20,202 |
| Net assets or fund balances | $148,121 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Racing Hearts has recieved totaling $119.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $119 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Weave Inc Sacramento, CA | $13,914,949 | $13,834,479 |
California Housing Foundation Redlands, CA | $127,602,722 | $11,460,522 |
Medic Alert Foundation United States Inc Turlock, CA | $13,450,917 | $8,673,816 |
Technical Assistance Partnership Of Arizona Phoenix, AZ | $8,493,848 | $8,170,054 |
Silver State Health Services Las Vegas, NV | $4,142,806 | $6,877,372 |
Willamette Health Council Salem, OR | $2,326,042 | $6,667,856 |
George Mark Childrens Fund San Leandro, CA | $14,683,595 | $6,265,889 |
We Care Solar Berkeley, CA | $11,118,538 | $5,857,780 |
Noora Health San Francisco, CA | $51,920,130 | $52,257,405 |
California Coverage And Health Initiatives Sacramento, CA | $1,599,137 | $4,093,230 |
University Lab Partners Irvine, CA | $3,170,025 | $3,756,700 |
Nevada Primary Care Association Carson City, NV | $641,818 | $3,552,023 |