Royal Arch Masons Childrens Heart Foundation Inc
- Assets
- $3.2m
- Revenue
- $79.6k
- Investments
- $2.9m
- Employees
- 0
- Location
- Marysville, WA
- Founding
- 12/1964
- Data as of
- 12/2022
- EIN
- 91-6036996
Organization Overview
Royal Arch Masons Childrens Heart Foundation Inc is located in Marysville, WA. The organization was established in 1964. 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. Royal Arch Masons Childrens Heart Foundation 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, Royal Arch Masons Childrens Heart Foundation Inc generated $79.6k 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 (9.4%) each year. All expenses for the organization totaled $199.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Royal Arch Masons Childrens Heart Foundation Inc has awarded 26 individual grants totaling $871,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDING FINANCIAL ASSISTANCE WITH CHILDREN'S MEDICAL BILLS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FINANCIAL ASSISTANCE WITH CHILDREN'S MEDICAL BILLS PROVIDED. 4 ORGANIZATIONS RECEIVED FUNDING IN 2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jay White President | 1 | $0 | |
Bob Baxter 1st Vice President | 1 | $0 | |
Ricardo Barrientes 2nd Vice President | 1 | $0 | |
Jimmy Norton Treasurer | 1 | $0 | |
Kyle Evanstad Secretary | 1 | $0 | |
Dale Collier Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,648 |
| Interest on Savings | $31,018 |
| Dividends & Interest | $44,392 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $577 |
| Capital Gain Net Income | $1,852 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $79,635 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,926 |
| Depreciation | $520 |
| Occupancy | $6,380 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $8,207 |
| Total operating and administrative expenses | $48,022 |
| Contributions, gifts, grants paid | $151,000 |
| Total expenses and disbursements | $199,022 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $35,090 |
| Savings and temporary cash investments | $199,427 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $869,616 |
| Net Land, buildings, and equipment | $520 |
| Other assets | $0 |
| Total assets | $3,180,162 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Royal Arch Masons Childrens Heart Foundation Inc has awarded $151,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
MARY BRIDGE CHILDREN'S HOSPITAL PURPOSE: ASSISTANCE FOR CHILDREN NEEDING HEART SURGERY | $36,500 |
SEATTLE CHILDREN'S HOSPITAL FOUNDATION PURPOSE: ASSISTANCE FOR CHILDREN NEEDING HEART SURGERY | $5,000 |
PROVIDENCE SACRED HEART CHILDREN'S HEART FOUNDATION PURPOSE: ASSISTANCE FOR CHILDREN NEEDING HEART SURGERY | $36,500 |
MEMORIAL FOUNDATION CHILDREN'S NETWORK PURPOSE: ASSISTANCE FOR CHILDREN NEEDING HEART SURGERY | $36,500 |
CHILDREN'S VILLAGE PURPOSE: ASSISTANCE FOR CHILDREN NEEDING HEART SURGERY | $36,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Eastern Vascular Society Inc Lake Oswego, OR | $1,000,210 | $819,184 |
Hearts Gathered Omak, WA | $108,375 | $352,885 |
Western Vascular Society Inc Anacortes, WA | $517,048 | $342,865 |
Pediatric Stroke Warriors Renton, WA | $0 | $0 |
Royal Arch Masons Childrens Heart Foundation Inc Marysville, WA | $3,180,162 | $79,635 |
Heart Of The Future Foundation Mazama, WA | $0 | $30 |
Heart Of America Northwest Seattle, WA | $15,315 | $0 |
Idaho Heart Foundation Inc Idaho Falls, ID | $18,816 | $0 |
Pacific Northwest Vascular Society Anacortes, WA | $71,603 | $0 |
Catholic Schools Foundation Of The Sacred Heart Boise, ID | $1,146,603 | $71,592 |
Survive A Stroke Foundation Bainbridge Island, WA | $195,311,042 | $1,190,315 |
Chun & Sandra Hwang Foundation Black Diamond, WA | $71,500 | $90,000 |
Jonahs Loving Heart Rescue Inc C/O Mka Hailey, ID | $0 | -$37 |
Healing Hearts Northwest Spokane, WA | $0 | $0 |
Little Hearts Medical Brush Prairie, WA | $1,704 | $0 |