Safebeat Inc
- Assets
- $8.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Andover, MA
- Founding
- 05/2017
- Data as of
- 12/2021
- EIN
- 82-1512908
Organization Overview
Safebeat Inc is located in Andover, MA. The organization was established in 2017. According to its NTEE Classification (E70) the organization is classified as: Public Health, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Safebeat 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 12/2021, Safebeat Inc generated $44.1k 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 (20.3%) each year. All expenses for the organization totaled $52.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (16.8%) 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
2021
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION CONTINUALLY UPDATES/ENHANCES ITS WEBSITE TO PROVIDE THE GENERAL PUBLIC A SIGNIFICANT RESOURCE FOR THE EDUCATION, PREVENTION AND TREATMENT OF SUDDEN CARDIAC ARREST. ADDITIONALLY, THE ORGANIZATION PROVIDED HEART SCREENINGS FOR MIDDLE AND HIGH SCHOOL STUDENTS AT NO CHARGE AND HAS SUCCESSFULLY IDENTIFIED VARIOUS STUDENT ATHLETES WITH POTENTIAL UNDERLYING CARDIAC CONDITIONS TO BE MEDCIALLY TREATED ACCORDINGLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jayne Vining President, Clerk & Directo | 10 | $0 | |
Neil King Treasurer & Director | 2 | $0 | |
Kathy Cantone Director | 2 | $0 | |
Sheldon Hill Executive Director | 30 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $44,054 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $44,056 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $17,120 |
| Professional fees and other payments to independent contractors | $3,985 |
| Occupancy, rent, utilities, and maintenance | $12,525 |
| Printing, publications, postage, and shipping | $2,686 |
| Other expenses | $15,813 |
| Total expenses | $52,129 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,821 |
| Other assets | $0 |
| Total assets | $7,980 |
| Total liabilities | $88,975 |
| Net assets or fund balances | -$80,995 |