Simons Fund
- Assets
- $473.1k
- Revenue
- $317.4k
- Investments
- $0.0
- Employees
- 3
- Location
- Conshohocken, PA
- Founding
- 09/2005
- Data as of
- 06/2021
- EIN
- 20-2771448
Organization Overview
Simons Fund, operating under the name Simon's Heart, is located in Conshohocken, PA. The organization was established in 2005. According to its NTEE Classification (H11) the organization is classified as: Single Organization Support, under the broad grouping of Medical Research and related organizations. As of 06/2021, Simon's Heart employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Simon's Heart 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 06/2021, Simon's Heart generated $317.4k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $333.0k during the year ending 06/2021. While expenses have increased by 5.0% per year over the past 6 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO CREATE AND ADVANCE INNOVATIVE AND EVIDENCE-BASED PROGRAMS, POLICIES AND RESEARCH THAT PREVENT SUDDEN CARDIAC ARREST AND DEATH IN CHILDREN, TEENS AND YOUNG ADULTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DETECTION - TO PREVENT SUDDEN CARDIAC ARREST FROM OCCURRING BY FACILITATING THE DISCOVERY OF CONDITIONS IN CHILDREN EARLY ON. THE ORGANIZATION HOSTS FREE SCREENING EVENTS AT SCHOOLS IN THE GREATER PHILADELPHIA AREA, WHERE CHILDREN ARE PROVIDED WITH ECG EXAMS IN COMBINATION WITH MEDICAL HISTORY REVIEWS AND PHYSICAL EXAMS. THE ORGANIZATION ALSO PROVIDES FREE ECG EXAMS TO NEWBORNS THROUGH ITS PARTNERSHIP WITH THE NEWBORN CLINIC AT ABINGTON MEMORIAL HOSPITAL.
INNOVATION - THE ORGANIZATION STRIVES TO IMPROVE THE STANDARD OF CARE RECEIVED BY SEEMINGLY HEALTHY CHILDREN TO INCREASE THE PROBABILITY OF DISCOVERING HEART CONDITIONS EARLY ON. TO ACHIEVE THIS, EMPIRICAL EVIDENCE MUST BE GATHERED TO DEMONSTRATE THAT HEART CONDITIONS ARE PREVALENT AND THAT EARLY SCREENING IS BENEFICIAL. WHEN THE ORGANIZATION FOUND THAT THIS DATA DOES NOT EXIST, IT DEVELOPED, FUNDED AND CONTINUES TO MAINTAIN HEARTBYTES, A NATIONAL YOUTH CARDIAC REGISTRY OF SEEMINGLY HEALTHY KIDS. HEARTBYTES IS A DIGITAL PLATFORM TO HELP STREAMLINE THE HEART SCREENING PROCESS. IT IS ALSO A PUBLIC LIBRARY FOR QUALIFIED RESEARCHERS WHO WANT ACCESS TO DATA FREE OF CHARGE. HEARTBYTES CONTAINS DE-IDENTIFIED MEDICAL HISTORY, FAMILY HISTORY, VITALS, ELECTROCARDIOGRAMS AND ECHOCARDIOGRAMS FOR STUDENTS BETWEEN THE AGES OF 12 19. MEDICAL DATA HAS BEEN GATHERED THROUGH COMMUNITY-BASED YOUTH HEART SCREENINGS, SUCH AS THOSE HOSTED BY SIMONS' FUND. THE ORGANIZATION ALSO SUBSIDIZES THE LICENSE FEES FOR OTHER ORGANIZATIONS TO USE THE TECHNOLOGY FOR THEIR SCREENING EVENTS.
REACTION - THE ORGANIZATION RECOGNIZES THAT SUDDEN CARDIAC ARREST IN CHILDREN OCCURS, AND DEFIBRILLATION FOLLOWED WITH CPR IS ONLY ONE WAY TO SURVIVE IT. THE ORGANIZATION EDUCATES STUDENTS ABOUT CPR AND WORKS TO PLACE AED DEVICES IN YOUTH-RELATED FACILITIES. IT PROMOTES EDUCATION THROUGH PROGRAMS AT LOCAL SCHOOLS AND THROUGH THE CREATION OF EDUCATIONAL MATERIALS SUCH AS THE HEARTSAVERS MUSIC VIDEO. IT RECENTLY LAUNCHED GOTAED, A CROWDFUNDING WEBSITE DEDICATED TO GETTING AED DEVICES INTO YOUTH-RELATED FACILITIES.
EDUCATION - THE ORGANIZATION UNDERSTANDS THAT MOST PEOPLE DON'T RECOGNIZE THE PRIMARY WARNING SIGNS OF SUDDEN CARDIAC ARREST. THROUGH APPEARANCES IN THE NATIONAL MEDIA, PARTERSHIPS WITH SPORTS TEAMS AND FIGURES, AND BY WORKING TO PASS THE SCA PREVENTION ACT IN ALL 50 STATES, THE ORGANIZATION IS RAISING AWARENESS AMONG COACHES, PARENTS AND STUDENTS, AND EDUCATING THEM ABOUT THE RISKS AND THE WARNING SIGNS OF CARDIAC ARREST.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Parrado Executive Di | Officer | 40 | $82,091 |
Darren Sudman Co-Founder | OfficerTrustee | 40 | $32,098 |
Mitchell Bednoff Treasurer | Trustee | $0 | |
Jess Cook Director You | Trustee | $0 | |
Nancy Hunter Dir Of Data/ | Trustee | $0 | |
Scott Brucker ESQ Director Gov | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $204,844 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $204,844 |
| Total Program Service Revenue | $0 |
| Investment income | $806 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $85,366 |
| Net Income from Gaming Activities | $26,423 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $317,439 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $114,189 |
| Compensation of current officers, directors, key employees. | $7,314 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $45,936 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $6,268 |
| Payroll taxes | $12,229 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $105 |
| Fees for services: Accounting | $12,788 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $33,588 |
| Office expenses | $9,692 |
| Information technology | $20,388 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,267 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $275 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,806 |
| All other expenses | $23,967 |
| Total functional expenses | $332,959 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $116,005 |
| Savings and temporary cash investments | $337,465 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $11,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $8,629 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $473,099 |
| Accounts payable and accrued expenses | $7,446 |
| Grants payable | $0 |
| Deferred revenue | $44,552 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $13,586 |
| Total liabilities | $65,584 |
| Net assets without donor restrictions | $245,413 |
| Net assets with donor restrictions | $162,102 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $473,099 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Simons Fund has recieved totaling $26,250.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $26,250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Licr Fund Inc New York, NY | $2,137,247,231 | $149,523,718 |
Lupus Research Alliance Inc New York, NY | $103,408,141 | $44,790,052 |
Gary And Mary West Health Endowment Inc Wilmington, DE | $246,349,230 | -$2,654,370 |
New Jersey Health Foundation Inc Princeton, NJ | $176,302,881 | $3,140,034 |
Research To Prevent Blindness Endowment Fund Inc New York, NY | $317,713,049 | $28,546,765 |
Ats Foundation Inc New York, NY | $0 | $224,022 |
Foundation For Advancement Of Intl Medical Education And Research Philadelphia, PA | $73,208,748 | $9,951,039 |
Nccn Foundation Plymouth Meeting, PA | $7,730,910 | $3,697,738 |
Cincinnati Sight Restoration Foundation Inc Cincinnati, OH | $11,696,354 | $3,183,062 |
Foundation Fighting Blindness Retinal Degeneration Fund Columbia, MD | $45,350,093 | $15,424,974 |
The Arvo Foundation For Eye Research Inc Rockville, MD | $8,550,005 | $1,963,913 |
Cds Wolf Foundation Inc Webster, NY | $18,173,557 | $6,502,648 |