Save A Childs Heart Foundation Us I Nc
- Assets
- $3.0m
- Revenue
- $3.2m
- Investments
- $0.0
- Employees
- 7
- Location
- Potomac, MD
- Founding
- 02/1993
- Data as of
- 12/2022
- EIN
- 52-1783323
Organization Overview
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 12/2022, Save A Childs Heart Foundation Us I NC employed 7 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 12/2022, Save A Childs Heart Foundation Us I NC generated $3.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $2.6m during the year ending 12/2022. While expenses have increased by 6.0% per year over the past 8 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
2022
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
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barry Perlis Past Pres | OfficerTrustee | 0.5 | $0 |
Vivian Bass President | OfficerTrustee | 1 | $0 |
Erica Kane Secretary | OfficerTrustee | 1 | $0 |
Marc Feinberg Treasurer | OfficerTrustee | 1 | $0 |
Simon Elias Vice Preside | OfficerTrustee | 1 | $0 |
Yan Katsnelson Member | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $605,837 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,632,657 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,238,494 |
| Total Program Service Revenue | $0 |
| Investment income | $10,200 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$346 |
| Net Income from Fundraising Events | -$62,520 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,186,494 |
| 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 | $1,240,500 |
| 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 | $643,284 |
| Pension plan accruals and contributions | $21,370 |
| Other employee benefits | $59,891 |
| Payroll taxes | $48,326 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $18,177 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $44,460 |
| Advertising and promotion | $0 |
| Office expenses | $13,333 |
| Information technology | $36,398 |
| Royalties | $0 |
| Occupancy | $13,306 |
| Travel | $14,783 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,103 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $999 |
| Insurance | $14,419 |
| All other expenses | $66,397 |
| Total functional expenses | $2,627,808 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,060,573 |
| Savings and temporary cash investments | $400,248 |
| 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 | $16,320 |
| Net Land, buildings, and equipment | $3,172 |
| Investments—publicly traded securities | $475,001 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,955,314 |
| Accounts payable and accrued expenses | $53,502 |
| 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 | $53,502 |
| Net assets without donor restrictions | $2,618,932 |
| Net assets with donor restrictions | $282,880 |
| 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 | $2,955,314 |