Brevard Heart Foundation Inc
- Assets
- $240.3k
- Revenue
- $44.1k
- Investments
- $210.0k
- Employees
- 0
- Location
- Melbourne, FL
- Founding
- 12/1960
- Data as of
- 12/2022
- EIN
- 59-6150538
Organization Overview
Brevard Heart Foundation Inc is located in Melbourne, FL. The organization was established in 1960. According to its NTEE Classification (G43) the organization is classified as: Heart & Circulatory System Diseases & Disorders, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Brevard Heart Foundation Inc 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, Brevard Heart Foundation Inc generated $44.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.3%) each year. All expenses for the organization totaled $60.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.6%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS TOWARD EDUCATIONAL EXPENSES OF QUALIFIED CANDIDATES. INDIVIDUALS BENEFITED - 23
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Travis Proctor President | 1 | $0 | |
John Hopkins Vice Preside | 1 | $0 | |
Bonnie Bechtel Jones Treasurer | 1 | $0 | |
Christopher White Scholarship | 1 | $0 | |
Brenda Britten Director | 1 | $0 | |
Keith R Campbell Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $30,609 |
| Interest on Savings | $3 |
| Dividends & Interest | $7,823 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,687 |
| Capital Gain Net Income | $5,687 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $44,122 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $21,667 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $431 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $12,630 |
| Total operating and administrative expenses | $40,627 |
| Contributions, gifts, grants paid | $20,250 |
| Total expenses and disbursements | $60,877 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $30,219 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $240,263 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Brevard Heart Foundation Inc has awarded $20,730 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
SEE ATTACHED SCHEDULE PURPOSE: SCHOLARSHIP | $20,000 |
HEALTH FIRST FOUNDATION PURPOSE: HEALTHCARE - MEAL PROGRAM | $450 |
JESS PARISH MEDICAL FOUNDATION PURPOSE: HEALTHCARE - MEAL PROGRAM | $280 |