Form 990 for tax year 2022
Filed by HEART DISEASE RESEARCH INSTITUTE.
Totals
- Total revenue
- $136,116
- Total expenses
- $151,429
- Contributions and grants received
- $94,633
- Grants paid
- $85,000
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $41,483
- Total assets, end of year
- $47,999
- Total liabilities, end of year
- $3,300
- Net assets or fund balances, end of year
- $44,699
- Program services expenses (Part IX)
- $141,584
- Management and general expenses
- $7,351
- Fundraising expenses
- $2,494
- Program service expenses (Part III)
- $141,584
Program services were 93.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1a · Federated campaigns
$23,467
-
1f · All other contributions, gifts and grants
$71,166
-
1g · Noncash contributions included above
$40,000
-
11a · Other revenue: Surrender Gain from Life Insurance Policy
total $41,483
-
11e · Other revenue, total
$41,483
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $40,000 · program services $40,000
-
2 · Grants to domestic individuals
total $10,000 · program services $10,000
-
3 · Grants to foreign organizations and individuals
total $35,000 · program services $35,000
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $28,740 · program services $25,866 · management and general $2,155 · fundraising $719
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $2,084 · program services $1,876 · management and general $208
-
11a · Fees: management
total $840 · program services $840
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $3,400 · program services $1,950 · management and general $1,450
-
11d · Fees: lobbying
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $1,495 · program services $1,495
-
12 · Advertising and promotion
total $1,000 · fundraising $1,000
-
13 · Office expenses
total $1,657 · program services $706 · management and general $951
-
14 · Information technology
total $2,424 · program services $2,182 · management and general $242
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $1,024 · program services $1,024
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $376 · management and general $376
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $0
-
24a · Other expenses: Program Research and Development
total $6,720 · program services $6,720
-
24b · Other expenses: Program Implementation Fundraising Fees
total $6,605 · program services $6,030 · fundraising $575
-
24c · Other expenses: Program Supplies Expenses
total $6,500 · program services $6,500
-
24d · Other expenses: Program Registration Fees
total $2,989 · program services $1,395 · management and general $1,394 · fundraising $200
-
24e · All other expenses
total $575 · management and general $575
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $9,719 · end of year $34,810
-
3 · Pledges and grants receivable
beginning of year $22,113 · end of year $12,892
-
9 · Prepaid expenses and deferred charges
end of year $297
-
10a · Land, buildings and equipment: cost or other basis
$690
-
10b · Land, buildings and equipment: accumulated depreciation
$690
-
15 · Other assets
beginning of year $75,459
-
17 · Accounts payable and accrued expenses
beginning of year $4,216 · end of year $3,300
-
25 · Other liabilities
beginning of year $25,256
-
27 · Net assets without donor restrictions
beginning of year $77,819 · end of year $44,699
Mission and programs · 2022
Mission
The Organization supports research programs and treatment of patients with heart disease and other degenerative diseases. It ships medical and surgical equipment, supplies, and humanitarian aid to hospitals and clinics worldwide.
Activities or mission (Part I)
The Organization supports research programs and treatment of patients with heart disease and other degenerative diseases. It ships medical equipment, supplies, and humanitarian aid to hospitals and clinics worldwide.
-
The Organization provided for shipments of medical equipment and supplies to Espiranza De Vida in Guatemala who provide ongoing medical care to the needy and disadvanted children and people of their areas. The regions they serve are targeted areas by the World Health Organization to combat famine and various degenerative diseases. The lack of properly stocked medical facilities contributes to the ongoing challences of saving lives.
Expenses $58,300 · Grants $35,000
-
The Organization supports various ongoing research projects and programs that treat heart disease and other degenerative diseases. It provides grants and supports other like kind organizations.
Expenses $83,284 · Grants $50,000
As filed on the 2022 return.
Listed in Part VII
-
MICHAEL MACKAY
PRESIDENT
- Total calculated
- $25,866
- From this org
- $25,866
- From related orgs
- $0
- Other
- $0
- Hours/week
- 15
-
WES WOODS
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
BILL JEFFERS
TREASURER/SECRETARY
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
Program Support
-
$10,000
Program Support
-
$9,500
Program Support
-
$5,000
Program Support
-
Program Support
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 9 December 2023
- IRS schema version
- 2022v5.0
- Source object
- 202323439349300407
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