Save A Childs Heart Foundation Us I Nc is located in Potomac, MD. The organization was established in 1993. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. As of 12/2021, Save A Childs Heart Foundation Us I NC employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Save A Childs Heart Foundation Us I NC 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, Save A Childs Heart Foundation Us I NC generated $3.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.4% each year. All expenses for the organization totaled $2.4m during the year ending 12/2021. While expenses have increased by 5.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE FUNDING FOR UNDERPRIVILEGED CHILDREN FROM DEVELOPING COUNTRIES WHO ARE IN NEED OF CARDIAC SURGERY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SACH US FUNDED SURGERY FOR MORE THAN 100 CHILDREN
OTHER PROGRAMS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
David Litwack Executive Di | 40 | $150,000 | |
Vivian Bass Vice Preside | OfficerTrustee | 1 | $0 |
Barry Perlis Immediate Pa | OfficerTrustee | 0.5 | $0 |
Erica Kane Treasurer | OfficerTrustee | 1 | $0 |
Marc Feinberg Secretary | OfficerTrustee | 1 | $0 |
Jeff Hoffman Co-President | OfficerTrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $96,980 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $3,049,649 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $3,146,629 |
Total Program Service Revenue | $0 |
Investment income | $6,379 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $804 |
Net Income from Fundraising Events | -$3,767 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,217,045 |
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 | $1,186,000 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $515,080 |
Pension plan accruals and contributions | $16,423 |
Other employee benefits | $64,309 |
Payroll taxes | $38,323 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $16,067 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $50,303 |
Advertising and promotion | $0 |
Office expenses | $12,412 |
Information technology | $24,193 |
Royalties | $0 |
Occupancy | $13,306 |
Travel | $7,397 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $500 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $714 |
Insurance | $5,312 |
All other expenses | $32,320 |
Total functional expenses | $2,361,426 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,771,924 |
Savings and temporary cash investments | $400,208 |
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 | $18,650 |
Net Land, buildings, and equipment | $2,519 |
Investments—publicly traded securities | $191,100 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $2,384,401 |
Accounts payable and accrued expenses | $7,912 |
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 | $0 |
Total liabilities | $7,912 |
Net assets without donor restrictions | $2,136,741 |
Net assets with donor restrictions | $239,748 |
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 | $2,384,401 |
Over the last fiscal year, we have identified 15 grants that Save A Childs Heart Foundation Us I Nc has recieved totaling $588,623.
Awarding Organization | Amount |
---|---|
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $173,000 |
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $84,813 |
Independent Charitable Gift Fund Hudson, OH PURPOSE: GENERAL SUPPORT | $80,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $56,470 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $46,112 |
Jewish Communal Fund New York, NY PURPOSE: GENERAL SUPPORT | $33,506 |
Beg. Balance | $310,306 |
Ending Balance | $310,306 |
Organization Name | Assets | Revenue |
---|---|---|
Evangelical Services For The Aging Warminster, PA | $27,952,324 | $19,280,063 |
The Executive Leadership Council Inc Washington, DC | $54,122,664 | $27,390,915 |
Stoddard Baptist Home Washington, DC | $9,543,224 | $16,392,235 |
Voter Registration Project Washington, DC | $11,195,050 | $17,087,982 |
Bell Socialization Services Inc York, PA | $8,348,943 | $17,857,924 |
Robert F Kennedy Center For Justice And Human Rights Washington, DC | $60,116,357 | $7,527,165 |
Mvle Inc Springfield, VA | $9,312,046 | $13,677,162 |
Valley Health Care Inc Mill Creek, WV | $12,122,859 | $14,871,772 |
Potomac Institute For Policy Studies Arlington, VA | $5,742,038 | $10,808,828 |
The Daily Planet Inc Richmond, VA | $12,184,739 | $13,097,113 |
Enterprise Center Capital Corporation Philadelphia, PA | $134,514,899 | $23,652,312 |
Target Community & Educational Services Inc Westminster, MD | $11,202,014 | $11,395,481 |