Form 990 for tax year 2023

Filed by HEARTBEAT INTERNATIONAL FOUNDATIONINC.

Totals

Total revenue: $358,174
Total expenses: $483,807
Contributions and grants received: $207,071
Grants paid: $173,473
Program service revenue: $0
Investment income: $12,806
Other revenue: $138,297
Total assets, end of year: $666,798
Total liabilities, end of year: $71,133
Net assets or fund balances, end of year: $595,665
Program services expenses (Part IX): $358,862
Management and general expenses: $62,662
Fundraising expenses: $62,283
Program service expenses (Part III): $358,862

Program services were 74.2% 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.

1f · All other contributions, gifts and grants

$207,071
1g · Noncash contributions included above

$50,000
3 · Investment income

total $12,806 · excluded $12,806
8a · Fundraising events: gross income

$5,765,366
8b · Fundraising events: direct expenses

$5,658,569
8c · Net income from fundraising events

total $106,797 · excluded $106,797
11a · Other revenue: MANAGEMENT FEE FROM RELATED ORGAN

total $31,500 · related or exempt $31,500
11e · Other revenue, total

$31,500

Functional expenses

Part IX, the statement of functional expenses.

3 · Grants to foreign organizations and individuals

total $173,473 · program services $173,473
5 · Compensation of officers, directors and key employees

total $100,000 · program services $60,701 · management and general $14,606 · fundraising $24,693
7 · Other salaries and wages

total $43,016 · program services $26,111 · management and general $6,283 · fundraising $10,622
9 · Other employee benefits

total $486 · program services $295 · management and general $71 · fundraising $120
10 · Payroll taxes

total $11,096 · program services $6,735 · management and general $1,621 · fundraising $2,740
11g · Fees: other

total $45,040 · program services $29,276 · management and general $15,764
12 · Advertising and promotion

total $83,520 · program services $49,278 · management and general $14,198 · fundraising $20,044
13 · Office expenses

total $13,986 · program services $8,251 · management and general $2,379 · fundraising $3,356
14 · Information technology

total $3,645 · program services $1,742 · management and general $1,195 · fundraising $708
16 · Occupancy

total $4,741 · management and general $4,741
17 · Travel

total $3,333 · program services $3,000 · management and general $333
22 · Depreciation, depletion and amortization

total $1,471 · management and general $1,471

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $651,806 · end of year $449,402
4 · Accounts receivable

beginning of year $35,944 · end of year $26,360
8 · Inventories for sale or use

beginning of year $50,750
10a · Land, buildings and equipment: cost or other basis

$20,877
10b · Land, buildings and equipment: accumulated depreciation

$19,574
10c · Land, buildings and equipment, net

beginning of year $2,773 · end of year $1,303
13 · Investments: program-related

end of year $129,645
14 · Intangible assets

beginning of year $15,000 · end of year $60,088
17 · Accounts payable and accrued expenses

beginning of year $8,187 · end of year $42,133
19 · Deferred revenue

beginning of year $27,500 · end of year $29,000
27 · Net assets without donor restrictions

beginning of year $720,586 · end of year $595,665

Mission and programs · 2023

Mission

TO SAVE LIVES GLOBALLY BY PROVIDING CARDIOVASCULAR IMPLANTABLE DEVICES AND TREATMENT TO THE NEEDY PEOPLE OF THE WORLD.

Activities or mission (Part I)

SAVE LIVES GLOBALLY BY PROVIDING CARDIOVASCULAR IMPLANTABLE DEVICES AND TREATMENT TO NEEDY PEOPLE.

Withheld by Nonprofiteer: this text may name a private individual.

Expenses $355,233 · Grants $173,473
THE PACEMAKER CLUB IS A FREE ONLINE COMMUNITY WHERE MEMBERS CAN COMMUNICATE, ASK QUESTIONS, SHARE EXPERIENCES AND SUPPORT ONE ANOTHER. THROUGH ITS NEW ALLIANCE WITH FORHEARTS WORLDWIDE THERE IS A SUSTAINABLE FUTURE FOR THE PACEMAKER CLUB COMMUNITY WITH PLANS FOR EXPANDING ACCESS TO ONLINE RESOURCES INCLUDING ONGOING EDUCATION, CREATING PROGRAMS FOR PARTICIPATION IN COMMUNITY EVENTS, AND BUILDING A NETWORK OF SUPPORT FOR MEMBERS AND THEIR FAMILIES. OUR GOAL IS TO ENHANCE THE QUALITY OF LIFE AND HEALTHCARE FOR OUR MEMBERS.(SEE SCHEDULE O FOR CONTINUATION OF PROGRAM ACCOMPLISHMENTS) FORHEARTS WORLDWIDE, (FORMERLY KNOWN HEARTBEAT INTERNATIONAL FOUNDATION), WAS ESTABLISHED IN 1984 TO ADDRESS THE CRITICAL NEED FOR PACEMAKERS AND OTHER CARDIOVASCULAR IMPLANTABLE DEVICES AMONG DISADVANTAGED POPULATIONS WORLDWIDE. SINCE 1984, FORHEARTS WORLDWIDE HAS SAVED MORE THEN 18,000 LIVES IN OVER 20 COUNTRIES BY PROVIDING ACCESS TO LIFE-SAVING PACEMAKER IMPLANTS AND ONGOING LIFE-LONG DEVICE CARE. AMONG OUR BOARD MEMBERS WAS A VETERAN PACEMAKER RECIPIENT WHO FOUNDED THE PACEMAKER CLUB, AND A BOND WAS FORGED.IN 2023 FORHEARTS WORLDWIDE TOOK THE STEP TO ENSURE SUSTAINABLE SUPPORT FOR THE PACEMAKER CLUB COMMUNITY AND ACQUIRED THE PACEMAKER CLUB, BRINGING THE CLUB TO THE FORHEARTS WORLDWIDE FAMILY. THE VALUE OF OUR MUTUAL EXPERIENCES IS AT THE CORE OF BOTH OF OUR MISSIONS AS WE WORK TOWARDS ENSURING EQUITABLE ACCESS TO CARDIOVASCULAR CARE ACROSS THE GLOBE.THE MEMBERS OF THE PACEMAKER CLUB HAVE LONG HAD A CONNECTION AND SUPPORT FOR LIVING WITH IMPLANTED CARDIAC DEVICE. FORHEARTS WORLDWIDE' S DECISION TO SUPPORT THE PACEMAKER CLUB MISSION, WAS DRIVEN BY THE SHARED VISION TO EXPAND FUTURE OPPORTUNITIES FOR EQUITABLE ACCESS TO CARDIOVASCULAR CARE FOR ALL, AND TO HELP CREATE A WORLD WHERE NO PATIENT FACES THEIR JOURNEY ALONE. COMBINING OUR GLOBAL OUTREACH AND EXPERTISE WITH THE MEMBERS OF THE PACEMAKER CLUB COMMUNITY, WE ENVISION A WORLD WHERE EVERY INDIVIDUAL LIVING WITH A PACEMAKER IS EMPOWERED TO LIVE A FULL AND HEALTHY LIFE. CURRENTLY, FORHEARTS WORLDWIDE IS WORKING TO COMPLETELY REVAMP, UPDATE AND BRING THE PACEMAKER CLUB SITE CURRENT. OUR GOAL IS TO HAVE IT UP AND RUNNING BY THE END OF 2024. WE HOPE THAT THE NEW SITE WILL BRING RESOURCES TO BOTH THE PACEMAKER CLUB MEMBERS AND THE FORHEARTS WORLDWIDE COMMUNITY.

Expenses $3,629

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.

Listed in Part VII

THOMAS CRAWFORD MD

CHAIRMAN AND MEDICAL DIRECTOR

Total calculated

$0

Hours/week

20
JAN HENDERSON

INTERIM VICE CHAIR AND TREASURER

Total calculated

$0

Hours/week

10
BENEDICT MANISCALCO

IMMEDIATE PAST CHAIR

Total calculated

$0

Hours/week

10
ARIEL GARCIA SALAZAR

DIRECTOR OF LATIN AMERICA

Total calculated

$0

Hours/week

5
PETER MUSAIB-ALI

DIR OF CARIBBEAN & RDC MAN

Total calculated

$0

Hours/week

5
JOSEPH V MESSER MD

DIRECTOR

Total calculated

$0

Hours/week

5
DAVID B KATCHER

DIRECTOR

Total calculated

$0

Hours/week

5
JANET LORTON

DIRECTOR

Total calculated

$0

Hours/week

5
RICARDO MENESES MD

DIRECTOR

Total calculated

$0

Hours/week

5
RON MILLS

DIRECTOR

Total calculated

$0

Hours/week

5
LAURA M DELISE

EXECUTIVE DIRECTOR

Total calculated

$100,000

From this org

$100,000

From related orgs

$0

Other

$0

Hours/week

40

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

No itemized grants to organizations on this return.

Provenance

Return type: form_990
Tax year: 2023
Filed: 16 December 2024
IRS schema version: 2023v5.1
Source object: 202423529349300202

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