Connecting Hearts
- Assets
- $103.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Carterville, IL
- Founding
- 05/2019
- Data as of
- 12/2023
- EIN
- 83-4197530
Organization Overview
Connecting Hearts is located in Carterville, IL. The organization was established in 2019. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Connecting Hearts 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 12/2023, Connecting Hearts generated $101.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (12.1%) each year. All expenses for the organization totaled $83.9k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (5.2%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ronald Brian Director | 15 | $0 | |
Terry Brian President And Director | 20 | $0 | |
Marilyn Walls Vice President And Director | 0.5 | $0 | |
Heather Dempsey Treasurer And Director | 4 | $0 | |
Melanie Brinkman Secretary And Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $101,888 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $101,888 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $2,455 |
| Professional fees and other payments to independent contractors | $1,188 |
| Occupancy, rent, utilities, and maintenance | $4,338 |
| Printing, publications, postage, and shipping | $370 |
| Other expenses | $75,535 |
| Total expenses | $83,886 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $103,271 |
| Other assets | $0 |
| Total assets | $103,271 |
| Total liabilities | $0 |
| Net assets or fund balances | $103,271 |