The Heart Touch Project EIN 95-4529022 Form 990 (PDF) Claim this org

The Heart Touch Project

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Provides therapeutic touch and training to improve life for medically fragile and terminally ill individuals. For fiscal year 2024 it reported $71K in revenue, $104K in expenses, and $96K in net assets.Pt I

Type
Public charity (501(c)(3)) · Health Care
Location
Santa Monica, CA
Website
www.hearttouch.org
Filings
5 on file (2020–2024)
Revenue
$71KFY2024
Expenses
$104K
Net assets
$96K
People
4
Filings
5
Updates
0
More identity details & actions ⌄
EIN  95-4529022 Public charity (501(c)(3)) Santa Monica, CA
Form 990 (PDF)
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Size
<$100K
What they do
Provides therapeutic touch and training to improve life for medically fragile and terminally ill individuals.
Leadership
Shawnee Isaac Smith · Secretary
Money in and out
$71K revenue, $104K expenses
Bottom line
48% program efficiency
Where the money goes · FY2024
Total revenue
$71K
Pt VIII · Ln 12
Total expenses
$104K
Pt IX · Ln 25
Net assets
$96K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$33K
Where spending went · Part IX cols B–D
Program services $0.48 Management & general $0.52
Program efficiency
48%
of spending reaches programs▼ -15% vs prior filing year
Operating runway
16.1mo
months of highly liquid reserves at operating expense rate▼ -42% vs prior filing year
Surplus margin
-47%
revenue over expenses, this year▼ -187% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$71K
FY2024▼ -55%
Expenses
$104K
FY2024▲ +43%
Total assets
$146K
FY2024▼ -28%
Total liabilities
$50K
FY2024▲ +6%
Total revenue
$71K
Pt VIII · Ln 12
Total expenses
$104K
Pt IX · Ln 25
Net assets
$96K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$33K
Total assetsPt X · Ln 16$146K
Program-expense ratioPt IX · col B48%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 48

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CThe Heart Touch Project
EINHdr · item D95-4529022
Principal addressHdr · item CSanta Monica, CA
WebsiteHdr · item Jwww.hearttouch.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHealth Care (E90)
Ruling yearIRS BMFJul 1995

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b8
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Chairman
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

2 program services account for $50K of program spending, described in the organization's own filed words · FY2024.
01

Training of volunteer therapists who deliver service to hospitalized children, frail and elderly persons, and people with AIDS. Five volunteers were placed at UCLA Mattel Children's Hospital. Four volunteers were placed at our partnered children's Hospice, Providence TrinityCare. For adult hospice, 22 volunteers were placed in 2017.

$50Kprogram expense
02

The goal of The Heart Touch Project International Outreach Program is to serve orphaned infants, children and young adults infected with HIV in Cambodia, providing them with compassionate, therapeutic touch that they often lack.

Pt IX · col B

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Statement of Revenue

Part VIII
Contributions & grants$39K · 56%
Program service revenue$27K · 38%
Other revenue$3K · 4%
Investment income$1K · 2%
Contributions & grants56%$39K
Program service revenue38%$27K
Other revenue4%$3K
Investment income2%$1K
Total revenueLn 12$71K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.48 Management & general $0.52
Program services48%$50K
Management & general52%$54K
Total functional expensesLn 25$104K

Balance Sheet

Part X · end of year
CashLn 1$139K
Total assetsLn 16$146K
Total liabilitiesLn 26$50K
Total net assetsLn 32$96K
Months of cash on handcomputed16.1

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $139K · Operating expenses/yr $104K
16.1 months
Where the money goes
Program services
Program services $50K · Total expenses $104K
48%
Management & General
Management & general $54K · Total expenses $104K
52%
Fundraising
Fundraising $0 · Total expenses $104K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $81K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $39K · Total revenue $71K
56%
Government reliance
Government grants — · Total revenue $71K
Earned-income share
Program service revenue $27K · Total revenue $71K
38%
Investment reliance
Investment income $1K · Total revenue $71K
+2%
Program self-sufficiency
Program service revenue $27K · Total expenses $104K
26%
Growth & trend
Revenue growth (YoY)
This year $71K · Prior year $158K
-55%
Revenue CAGR
FY2020 $87K · FY2024 $71K
-5%
Net-asset trend (YoY)
End of year $96K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $71K · Expenses $104K
-47%
Liabilities-to-Assets
Total liabilities — · Total assets $146K
Net-asset ratio
Net assets $96K · Total assets $146K
66%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $146K
0%
People & payroll
Highest Reported Total Compensation
Individual Shawnee Isaac Smith · Reported title Secretary · Highest reported compensation $0 · Total expenses $104K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $130 · Total expenses $104K
0.1%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 48%
Overhead ratio 52%
Fundraising cost ratio 0%
Revenue growth -55%
Investment management fee ratio 0%
Legal fee ratio 36%
Accounting fee ratio 2%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$20K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$71K revenue · viewing · ⤓ 990 PDF
FY2023$158K revenue · ⤓ 990 PDF
FY2022$110K revenue · ⤓ 990 PDF
FY2021$143K revenue · ⤓ 990 PDF
FY2020$87K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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