Heartbright Foundation
- Assets
- $190.1k
- Revenue
- $715.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Charlotte, NC
- Founding
- 06/2003
- Data as of
- 12/2021
- EIN
- 45-0496759
Organization Overview
Heartbright Foundation is located in Charlotte, NC. The organization was established in 2003. According to its NTEE Classification (G43) the organization is classified as: Heart & Circulatory System Diseases & Disorders, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Heartbright Foundation 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, Heartbright Foundation generated $715.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (13.3%) each year. All expenses for the organization totaled $796.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (11.1%) per year over the past 7 years. 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
ACTING AS AND ADVOCATE FOR THE INDIVIDUALS AT RISK FOR CARDIOVASCULAR DISEASE, CREATING AWARENESS AND/OR UNDERSTANDING OF RISK FACTORS FOR CARDIOVASCULAR DISEASE
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE PREVENTIVE SERVICES AND HEALTHY LIFESTYLE EDUCATION TO THE COMMUNITY TO COMBAT HEART DISEASE, DIABETES AND HYPERTENSION. IN 2021, SERVICES AND EDUCATION WERE PROVIDED TO 7638 AREA RESIDENTS THROUGH OUR NEW BEGINNINGS EDUCATION PROGRAM, COMMUNITY ACCESS PROGRAM, AND OUR COMPREHENSIVE CHRONIC CARE FREE CLINIC FOR UNDER-INSURED AND UNINSURED. OVER 16,160 POUNDS OF FRESH FRUIT AND VEGETABLES WERE DITRIBUTED ALONG WITH 223 FARMERS TO FAMILIES FOOD BOXES CHILDHOOD WELLNESS PROGRAMMING FOR FAMILIES OF 496 CHILDREN. SENIOR PROGRAMMING FOR 1,172 RESIDENTS. FREE CLINIC OUTCOMES CONTINUE TO EXCEED NATIONAL AVERAGES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frances Williams Member | Trustee | 1 | $2,172 |
Claudia Robinson VP & Treasurer | OfficerTrustee | 1 | $0 |
Nicole Bonesteel Secretary | OfficerTrustee | 40 | $0 |
Claire Blocker President | OfficerTrustee | 40 | $0 |
Margie Phillips Member | Trustee | 1 | $0 |
Kristen T Little Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $308,602 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $406,657 |
| Noncash contributions included in lines 1a–1f | $191,736 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $715,259 |
| Total Program Service Revenue | $15 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $715,274 |
| 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. | $271,448 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $20,411 |
| Payroll taxes | $20,556 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,993 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $288,856 |
| Total functional expenses | $796,624 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $85,416 |
| Savings and temporary cash investments | $92,626 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,457 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $7,552 |
| Prepaid expenses and deferred charges | $0 |
| 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 | $190,051 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $53,727 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $53,727 |
| Net assets without donor restrictions | $136,324 |
| Net assets with donor restrictions | $0 |
| 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 | $190,051 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Heartbright Foundation has recieved totaling $363,423.
| Awarding Organization | Amount |
|---|---|
Americares Foundation Inc Stamford, CT PURPOSE: ONGOING | $168,113 |
Americares Foundation Inc Stamford, CT PURPOSE: ONGOING | $168,113 |
Presbyterian Hospital Winston Salem, NC PURPOSE: COMMUNITY OUTREACH | $27,095 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $102 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Piedmont Heart Institute Inc Atlanta, GA | $3,754,448 | $3,667,027 |
American Society Of Nuclear Cardiology Fairfax, VA | $8,246,675 | $3,510,626 |
The Mended Hearts Inc Albany, GA | $2,067,505 | $2,082,676 |
Military Order Of The Purple Heart Of The Usa Springfield, VA | $3,829,714 | $743,495 |
Carteret Heart And Vascular Emerald Isle, NC | $325,180 | $1,440,782 |
Stroke Comeback Center Vienna, VA | $795,388 | $922,030 |
American Heartworm Society Inc Apex, NC | $1,092,551 | $633,346 |
Heartbright Foundation Charlotte, NC | $190,051 | $715,274 |
Manufacturers Standardization Society Of The Valve & Fittings In Vienna, VA | $2,991,924 | $935,103 |
Heart Housing Inc Warner Robins, GA | $724,678 | $248,866 |
Heart Society Of Gaston County Inc Gastonia, NC | $362,632 | $160,286 |
Cardiac Neurodevelopmental Outcome Collaborative Richmond, VA | $328,730 | $257,405 |