Project Heart
- Assets
- $108.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Brentwood, TN
- Founding
- 12/2015
- Data as of
- 12/2022
- EIN
- 47-4824100
Organization Overview
Project Heart is located in Brentwood, TN. The organization was established in 2015. According to its NTEE Classification (H12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Project Heart 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 12/2022, Project Heart generated $44.2k 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 (13.2%) each year. All expenses for the organization totaled $20.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (12.9%) 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROJECT HEART EXISTS TO FUND CHD RESEARCH TO IMPROVE SURGICAL OUTCOMES FOR CHILDREN WITH HEART DEFECTS. WE WANT TO SEE TREATMENTS REFINED TO RESULT IN QUICKER RECOVERY TIMES, SHORTER HOSPITAL STAYS, AND MORE AND MORE CHILDREN LIVING LONG INTO ADULTHOOD. MUCH RESEARCH IS STILL NEEDED TO HELP THOUSANDS OF CHILDREN ACROSS THE NATION LIVING WITH CHD. WHEN YOU DONATE TO CHD RESEARCH, YOU CHANGE LIVES.
Describe the Organization's Program Activity:
Part 3
CONGENITAL HEART DISEASE ("CHD") IS WHEN THE HEART DOES NOT DEVELOP PROPERLY BEFORE BIRTH. IT IS THE NUMBER ONE BIRTH DEFECT AND MOST COMMON CAUSE OF INFANT MORTALITY. PROGRAM SERVICES ARE DIRECTED TOWARD RESEARCH RELATED TO CHD, AS WELL AS EFFORTS TO EDUCATION AND CREATE AWARENESS IN THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erica Thayer Vice President Co-Founder | 25 | $0 | |
Briana Shank Director | 1 | $0 | |
David T Thayer President Co-Founder | 15 | $0 | |
Connor Shank Director | 1 | $0 | |
Thomas Doyle Director | 1 | $0 | |
Meagan Hooper Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $44,175 |
| 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 | $44,175 |
| 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 | $1,094 |
| Occupancy, rent, utilities, and maintenance | $2,928 |
| Printing, publications, postage, and shipping | $65 |
| Other expenses | $5,964 |
| Total expenses | $20,051 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $108,528 |
| Other assets | $0 |
| Total assets | $108,528 |
| Total liabilities | $0 |
| Net assets or fund balances | $108,528 |
Grants Awarded
Over the last fiscal year, Project Heart has awarded $21,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
BOSTON CHILDREN'S HOSPITAL | | | $11,000 |
ACHA | | | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Project Heart has recieved totaling $6,418.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $6,418 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pkd Foundation Kansas City, MO | $20,909,832 | $16,124,449 |
Nashville Wine Auction Nashville, TN | $1,455,016 | $3,050,154 |
Head For The Cure Kansas City, MO | $719,180 | $1,965,362 |
Levelup Kids Inc Kansas City, MO | $1,600,938 | $1,601,663 |
Regenmed Development Organization Winstonsalem, NC | $1,918,667 | $1,082,279 |
T J Martell Foundation Nashville, TN | $1,696,815 | $381,037 |
Fore Batten Foundation Chapel Hill, NC | $1,880,374 | $1,570,342 |
Isakson Initiative Inc Atlanta, GA | $1,622,312 | $1,140,837 |
St Louis Life Sciences Project St Louis, MO | $288,211 | $470,000 |
Paula Takacs Foundation For Sarcoma Research Weddington, NC | $577,201 | $617,474 |
Jordan Hays Foundation Truesdale, MO | $3,053 | $333,705 |
Poplar Bluff Heroes Inc Poplar Bluff, MO | $101,440 | $209,410 |