Heartbeats For Patches Inc is located in Miami, FL. The organization was established in 2018. According to its NTEE Classification (O12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Heartbeats For Patches 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, Heartbeats For Patches Inc generated $168.8k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 18.2% each year . All expenses for the organization totaled $169.0k during the year ending 12/2022. While expenses have increased by 20.5% per year over the past 5 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION SUPPORTS THE MEDICAL CARE FOR MEDICALLY FRAGILE UNDERPRIVILEDGE CHILDREN
THE ORGANIZATION SUPPORTS THE MEDICAL CARE FOR MEDICALLY FRAGILE UNDERPRIVELDGED CHILDREN
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jennifer Resnick Director | 2 | $0 | |
Susan Malca Director | 2 | $0 | |
Ann Lyons Director | 2 | $0 | |
Sally Russomanno Director | 2 | $0 | |
Pamela Rodriguez Director | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $57,157 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $111,599 |
Other Revenue | $0 |
Total Revenue | $168,756 |
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 | $5,501 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $3,497 |
Other expenses | $27,618 |
Total expenses | $168,961 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $31,741 |
Other assets | $0 |
Total assets | $36,741 |
Total liabilities | $54 |
Net assets or fund balances | $36,687 |