Universal Heart Inc
- Assets
- $9.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 3
- Location
- South Bend, IN
- Founding
- 10/2004
- Data as of
- 12/2020
- EIN
- 73-1631162
Organization Overview
Universal Heart Inc is located in South Bend, IN. The organization was established in 2004. 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 12/2020, Universal Heart Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Universal Heart 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 12/2020, Universal Heart Inc generated $54.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (33.6%) each year. All expenses for the organization totaled $46.1k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (34.3%) per year over the past 5 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
2020
Describe the Organization's Program Activity:
Part 3
PROCUREMENT OF MEDICINES, MEDICAL SUPPLIES, NUITRITIONAL PRODUCTS ANDOTHER RELIEF GOODS FOR DISTRIBUTION TO DEVELOPING COUNTRIES AS WELL ASWORKING WITH OTHER NON-PROFIT ORGANIZATIONS IN FACILITATING THEIR PROJECTSBY PROVIDING LOGISTICAL EXPERTISE AND ASSISTANCE.
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 |
|---|---|---|---|
Jessica Settle President | 2 | $0 | |
Dr Tim Long Vice President | 1 | $0 | |
Janice Meyer Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $54,156 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $54,156 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $8,045 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $38,060 |
| Total expenses | $46,105 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $9,353 |
| Other assets | $0 |
| Total assets | $9,353 |
| Total liabilities | $0 |
| Net assets or fund balances | $9,353 |