Heart Trust INC

Tax-deductible

Westport, CT501(c)(3)Health CareEIN 20-5536661Revenue $96K in FY2025

On file with the IRShearttrust.org272 Hillspoint Rd, 06880-6619 · Westport, CTTax-exempt since Jan 2007Publicly supported charity — 170(b)(1)(A)(vi)

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Completely volunteer organization providing pro bono pediatric cardiac care and training in developing countries. We focus our efforts on improving the standard of care provided to impoverished children with congenital heart defects. We also provide scholarships to cardiac patients or their family members.

501(c)(3) charity; gifts are tax-deductible.
92¢ of each $1 spent went to programs.
Run by 100 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 3
filings with a surplus
Average surplus $16K a year · 9% of revenue · last 3 filings
Fine: a surplus in 2 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
92%
of spending
Looks good: 92% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
222 mo
of spending, in cash
Looks good: 221.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $52K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 3 voting members
Concern: none of 3 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$96K
-42% vs prior year
Spent
$28K
To programs
92%
Net assets
$513K
By yearFY2020–FY2025
Revenue
$96K
FY2025▼ -42%
Tap a bar for its year
Revenue by fiscal year
FY2020$209K
FY2021$50K
FY2022$229K
FY2023$164K
FY2024$164K
FY2025$96K
Expenses
$28K
FY2025▼ -87%
Tap a bar for its year
Expenses by fiscal year
FY2020$245K
FY2021Not on file
FY2022$213K
FY2023Not on file
FY2024Not on file
FY2025$28K
Net assets
$513K
FY2025▲ +15%
Tap a bar for its year
Net assets by fiscal year
FY2020$413K
FY2021$453K
FY2022$470K
FY2023$442K
FY2024$445K
FY2025$513K

From the FY2025 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jan 2007.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

92 cents of each dollar spent went to programs.

Program services 92% · $25K Management & general 8% · $2K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

3 people listed on the 990.

Part VII, Section A · reportable compensation
President and Secretary
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
See Heart Trust INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides free pediatric heart care and training in developing nations for children with heart defects.

Provided by the organization

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2 programs · $25K · in their own filed words · FY2025
01

Pro bono pediatric cardiac care training mission to Guatemala. Performed open heart surgery/training on patients with congenital heart defects and also focused on intensive care unit training. Donated medical services:$55,372 Travel & hotel: $21,097; Donated medical supplies $1,950.

$23Kprogram expense
02

Scholarships to 2 Guatemalan students who suffer from congenital heart defects. One student in medical school ($1,600) and one in grammar school ($800).

$2Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 3 funders$52K
See all 3 funders →

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$96K
Ln 12
Gifts and grantsLn 1h$86K
Investment incomeLn 3$6K
Other incomeLn 4–11$3K
Money outPt IX
$28K
Ln 25
Programscol B$25K
Managementcol C$2K
Owns and owesPt X
$513K
net assets · Ln 32
Cash and savingsLn 1–2$513K
Total assetsLn 16$513K
LiabilitiesLn 26$0
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$86K
Government grantsLn 1e$0
Noncash giftsLn 1g$2K
Fundraising eventsLn 1c$0
Investment incomeLn 3$6K
Other incomeLn 4–11$3K
Gains on assetsLn 7$0
Total revenueLn 12$96K
Assets in detailPt X, end of year
CashLn 1$261K
SavingsLn 2$252K
Cash and savings togetherLn 1–2$513K
InvestmentsLn 11–13$0
Other assetsLn 15$0
Total assetsLn 16$513K
LiabilitiesLn 26$0
Net assetsLn 32$513K
OperationsPt I, VI
EmployeesI 50
VolunteersI 6100
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$445K$513K
InvestmentsLn 11–13$0$0
Total assetsLn 16$445K$513K
LiabilitiesLn 26$0$0
Net assetsLn 32$445K$513K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0$0
Grants to domestic individualsLn 2$0$0
Grants and assistance to foreign recipientsLn 3$4K$4K
Benefits paid to or for membersLn 4$0$0
Pay of current officers, directors and key staffLn 5$0$0$0$0
Pay of disqualified personsLn 6$0$0$0$0
Other salaries and wagesLn 7$0$0$0$0
Pension plan contributionsLn 8$0$0$0$0
Other employee benefitsLn 9$0$0$0$0
Payroll taxesLn 10$0$0$0$0
Management feesLn 11a$0$0$0$0
Legal feesLn 11b$0$0$0$0
Accounting feesLn 11c$0$0$0$0
Lobbying feesLn 11d$0$0$0$0
Professional fundraising feesLn 11e$0$0
Investment management feesLn 11f$0$0$0$0
Other fees for servicesLn 11g$0$0$0$0
Advertising and promotionLn 12$0$0$0$0
Office expensesLn 13$1K$0$1K$0
Information technologyLn 14$808$0$808$0
RoyaltiesLn 15$0$0$0$0
OccupancyLn 16$0$0$0$0
TravelLn 17$21K$21K$0$0
Total functional expensesLn 25$28K$25K$2K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $96K$28K$68K$513K 990 PDF
FY2024 $164K$445K 990 PDF
FY2023 $164K$442K 990 PDF
FY2022 $229K$213K$17K$470K 990 PDF
FY2021 $50K$453K 990 PDF
FY2020 $209K$245K−$36K$413K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (6 parts)
Part I · Summary $95,571 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $155,225$86,115
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $9,100$6,036
I-11 Other revenuePrior year $0$3,420
I-12 Total revenuePrior year $164,325$95,571
I-13 Grants and similar amounts paidPrior year $70,491$4,350
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $90,925$23,394
I-18 Total expensesPrior year $161,416$27,744
I-19 Revenue less expensesPrior year $2,909$67,827
Part VI · Governance 0 of 3 board members independent, 4 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members0
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $95,571 across 15 lines filed
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$0
VIII-1d Related organizations$0
VIII-1e Government grants$0
VIII-1f All other contributions, gifts and grants$86,115
VIII-1g Noncash contributions (included above)$1,950
VIII-1h Total contributions, gifts and grants$86,115
VIII-3 Investment incomeRelated to mission $0 · Unrelated business $0 · Excluded from tax $6,036$6,036
VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-6 Net rental income or lossRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-7 Net gain or loss on sales of assetsRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-8 Net income from fundraising eventsUnrelated business $0 · Excluded from tax $0$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $3,420 · Unrelated business $0 · Excluded from tax $0$3,420
VIII-12 Total revenueRelated to mission $3,420 · Unrelated business $0 · Excluded from tax $6,036$95,571
Part IX · Statement of functional expenses $27,744 across 23 lines filed
IX-1 Grants to domestic organizationsPrograms $0$0
IX-2 Grants to domestic individualsPrograms $0$0
IX-3 Grants and assistance to foreign recipientsPrograms $4,350$4,350
IX-4 Benefits paid to or for membersPrograms $0$0
IX-5 Pay of current officers, directors and key staffPrograms $0 · Management $0 · Fundraising $0$0
IX-6 Pay of disqualified personsPrograms $0 · Management $0 · Fundraising $0$0
IX-7 Other salaries and wagesPrograms $0 · Management $0 · Fundraising $0$0
IX-8 Pension plan contributionsPrograms $0 · Management $0 · Fundraising $0$0
IX-9 Other employee benefitsPrograms $0 · Management $0 · Fundraising $0$0
IX-10 Payroll taxesPrograms $0 · Management $0 · Fundraising $0$0
IX-11a Management feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11b Legal feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11c Accounting feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11d Lobbying feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11e Professional fundraising feesFundraising $0$0
IX-11f Investment management feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11g Other fees for servicesPrograms $0 · Management $0 · Fundraising $0$0
IX-12 Advertising and promotionPrograms $0 · Management $0 · Fundraising $0$0
IX-13 Office expensesPrograms $0 · Management $1,489 · Fundraising $0$1,489
IX-14 Information technologyPrograms $0 · Management $808 · Fundraising $0$808
IX-15 RoyaltiesPrograms $0 · Management $0 · Fundraising $0$0
IX-16 OccupancyPrograms $0 · Management $0 · Fundraising $0$0
IX-17 TravelPrograms $21,097 · Management $0 · Fundraising $0$21,097
IX-25 Total functional expensesPrograms $25,447 · Management $2,297 · Fundraising $0$27,744
Part X · Balance sheet $512,919 assets, 22 lines filed
X-1 Cash, non-interest-bearingStart of year $162,657$261,132
X-2 Savings and temporary cash investmentsStart of year $282,435$251,787
X-3 Pledges and grants receivableStart of year $0$0
X-4 Accounts receivableStart of year $0$0
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $0$0
X-11 Publicly traded securitiesStart of year $0$0
X-12 Other securitiesStart of year $0$0
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $0$0
X-16 Total assetsStart of year $445,092$512,919
X-17 Accounts payable and accrued expensesStart of year $0$0
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $0$0
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $445,092$512,919
X-28 Net assets with donor restrictionsStart of year $0$0
X-32 Total net assets or fund balancesStart of year $445,092$512,919
X-33 Total liabilities and net assetsStart of year $445,092$512,919
Part XI · Reconciliation of net assets $512,919 net assets at year end
XI-1 Total revenue$95,571
XI-2 Total expenses$27,744
XI-3 Revenue less expenses$67,827
XI-4 Net assets at start of year$445,092
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$512,919

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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