Heartbeat Foundation Corp is located in Fort Lauderdale, FL. The organization was established in 2014. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Heartbeat Foundation Corp 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 12/2020, Heartbeat Foundation Corp generated $19.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (22.0%) each year. All expenses for the organization totaled $40.3k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (12.3%) per year over the past 6 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
2020
Describe the Organization's Program Activity:
Part 3
WE ARE A MULTICULTURAL EDUCATIONAL NON-PROFIT IN THE ARTS, CULTURE, AND MUSIC. - CAMPAIGN SUFFERING NO MORE: WWW.SUFFERINGNOMORE.ORG. IN RESPONSE TO THE ECONOMIC FALLOUT THE CORONAVIRUS PANDEMIC HAS INFLICTED ON THE LOCAL BRAZILIAN COMMUNITY IN SOUTH FLORIDA, THE HEARTBEAT FOUNDATION IN CONJUNCTION WITH THE BAND ONZE:20 LAUNCHED ENOUGH - SUFFERING NO MORE (CHEGA), A NEW FUNDRAISING CAMPAIGN AIMED AT CREATING AN EMERGENCY RELIEF FUND FOR LOCAL BRAZILIANS IN THE ARTS, CULTURAL, ENTERTAINMENT AND EVENTS INDUSTRIES WHO ARE STRUGGLING TO KEEP THEIR HEADS ABOVE WATER.- 2020 COVID SAFE BRAZILIAN FESTIVAL FLORIDA - IN 2020, THE LOCAL COMMUNITY HAD BEEN HIT PARTICULARLY HARD BY THE CORONAVIRUS PANDEMIC. LOCAL MINORITY AND IMMIGRANTS FACED JOB LOSSES, BUSINESS CLOSURES, DAYCARE CLOSURES, SCHOOL CLOSURES AND A DECREASE IN AVAILABLE CONTRACT WORK. MANY IMMIGRANTS LIVING IN THE US WERE OFTEN DISTANCED FROM THEIR FAMILIES, DEPRESSED, AND LACKED SOCIAL SUPPORT. ARTISTS, MUSICIANS AND PROFESSIONALS IN THE ENTERTAINMENT INDUSTRY WERE ESPECIALLY SCRAMBLING TO SURVIVE THESE TRYING TIMES WHEN VENUES CLOSED, SOCIAL DISTANCING POLICIES MADE EXHIBITIONS, CONCERTS, AND EVENTS A CHALLENGE, AND OPPORTUNITIES TO PERFORM OR DISPLAY ART WERE SLIM. THE BRAZILIAN COMMUNITY NEEDED HOPE. THE ANNUAL BRAZILIAN FESTIVAL HAD ALSO THE DUTY TO HONOR AND MAINTAIN LONG-TERM PARTNERSHIPS AND VENDOR CONTRACTS TO REMAIN IN BUSINESS. WWW.BRAZILIANFESTIVAL.ORG- FREE 30 SECOND TV SPOTS TO ASSIST LOCAL SMALL BUSINESSES ON THE BRAZILIAN FEST RADIO SHOW. RADIO SHOW IS MEANT FOR EDUCATIONAL PURPOSES ONLY. FREE APP AVAILABLE ON IPHONE AND GOOGLE PLAY THAT PROMOTES BRAZILIAN POPULAR MUSIC IN THE US TO 500,000 LISTENERS AND BRAZILIANS FIRST, SECOND, AND THIRD GENERATION IN THE US. WWW.BRAZILIANFESTRADIOSHOW.ORG- GARRA LATINA FIRST LATIN FESTIVAL IN FLORIDA CANCELLED DUE TO THE PANDEMIC AND RE-SCHEDULED FOR 2022.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Luciano Sameli President, Dir. | 30 | $12,000 | |
Catharina Ruggiero Director | 30 | $0 | |
Thereza Severi Director | 30 | $0 | |
Giovana Cinquepalmi Director | 30 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $12,767 |
Total Program Service Revenue | $6,750 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $19,517 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $12,000 |
Professional fees and other payments to independent contractors | $21,456 |
Occupancy, rent, utilities, and maintenance | $1,775 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $5,047 |
Total expenses | $40,278 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $508 |
Other assets | $0 |
Total assets | $15,508 |
Total liabilities | $29,750 |
Net assets or fund balances | -$14,242 |
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