Take Heart Incorporated
- Assets
- $2.1m
- Revenue
- $2.4m
- Investments
- $0.0
- Employees
- 2
- Location
- Old Bethpage, NY
- Founding
- 05/2016
- Data as of
- 12/2023
- EIN
- 47-5266388
Organization Overview
Take Heart Incorporated is located in Old Bethpage, NY. The organization was established in 2016. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2023, Take Heart Incorporated employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Take Heart Incorporated 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 12/2023, Take Heart Incorporated generated $2.4m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 50.0% each year . All expenses for the organization totaled $1.6m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION MOTIVATED BY THE LOVE OF CHRIST, WE EXIST TO SPIRITUALLY ENCOURAGE, TECHNICALLY EQUIP, AND FINANCIALLY SUPPOT LOCAL LEADERS SERVING PERSECUTED CHRISTIANS AROUND THE GLOBE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPIRITUAL ENCOURAGEMENT SERVICES TAKE HEART TRAINS AND EQUIPS LOCAL LEADERS TO CONSISTENTLY VISIT CHRISTIANS IN THEIR COMMUNITY TO PRAY WITH THEM, ENCOURAGE THEM, AND HAVE FELLOWSHIP WITH THEM. THIS INCLUDES BI-MONTHLY VISITS FOR PRAYERS AND SHARING THE BIBLE, REGULAR SPIRITUAL DAYS, ANNUAL THREE-DAY SPIRITUAL RETREATS, HOME VISITS, SUMMER ACTIVITIES, AND ENHANCING THE RELATIONSHIP BETWEEN CHURCHES AND ITS CONGREGATION BY BRINGING A NEW GENERATION INTO THE CHURCHS FOLD. SPIRITUAL LEADERSHIP TAKE HEART TRAINS, AND EQUIPS LEADERS WITHIN A COMMUNITY WHO CAN STEP UP TO SPIRITUALLY ENCOURAGE THEIR NEIGHBORS AND ADDRESS SPECIFIC NEEDS. LEADERS ARE IDENTIFIED BY PARTNERING WITH THE LOCAL CHURCHES WHO NOMINATE A LIST OF MEN AND WOMEN THEY THINK WOULD MAKE GOOD LEADERS. TAKE HEART HOLDS REGULAR MEETINGS WITH LOCAL LEADERS TO FOLLOW UP ON THEIR PROGRESS AND ONE- OR TWO-YEARLY RETREATS FOR LOCAL LEADERS TO ENCOURAGE AND EMPOWER THEM. RECENTLY, IGNITE ACADEMY WAS LAUNCHED IN LOCALLY TO ESTABLISH A SECOND LINE OF LEADERS TO EQUIP THEM WITH THE TOOLS TO LEAD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aida Samir Officer | OfficerTrustee | 40 | $80,000 |
Mark Guirguis Board Member | Trustee | 5 | $0 |
Ayman Soliman Board Member | Trustee | 5 | $0 |
Chris Bolton Board Member | Trustee | 5 | $0 |
Jake Stansell Board Member | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,308,496 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,308,496 |
| Total Program Service Revenue | $41,360 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,353,009 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $1,263,144 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $80,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $13,750 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,172 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $77,705 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,560,162 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,047,337 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $19,500 |
| Total assets | $2,066,837 |
| Accounts payable and accrued expenses | $16,500 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,500 |
| Total liabilities | $18,000 |
| Net assets without donor restrictions | $2,048,837 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,066,837 |