Asia Heartbeat
- Assets
- $7.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Colorado Springs, CO
- Founding
- 06/2004
- Data as of
- 12/2022
- EIN
- 83-0370363
Organization Overview
Asia Heartbeat is located in Colorado Springs, CO. The organization was established in 2004. According to its NTEE Classification (P73) the organization is classified as: Group Homes, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Asia Heartbeat 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, Asia Heartbeat generated $27.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (13.3%) each year. All expenses for the organization totaled $25.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (14.9%) per year over the past 8 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 |
|---|---|---|---|
Pete Mcclain Vice President | 1 | $0 | |
Bentley Tate President | 5 | $0 | |
Haley Tate Director | 1 | $0 | |
Charles Deeds Director | 1 | $0 | |
William Greiser Executive Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $27,871 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $27,872 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $3,780 |
| Professional fees and other payments to independent contractors | $3,223 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $332 |
| Other expenses | $1,452 |
| Total expenses | $25,080 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $7,915 |
| Other assets | $0 |
| Total assets | $7,915 |
| Total liabilities | $2,692 |
| Net assets or fund balances | $5,223 |