Civic Intelligence

Heart and Sole Inc.

990EZ • Fiscal year 2015 • EIN 20-5640556

Oct 01, 2014 to Sep 30, 2015 • Filed on Aug 14, 2015

PO Box 10092Augusta, GA 30904

(706) 869-2254

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

69th percentile

0.03x

Higher debt load relative to assets than 69% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

72nd percentile

0.03x

Higher debt load relative to revenue than 72% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

80th percentile

23%

Higher net margin than 80% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

79th percentile

$10,440

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 20.7% of source-year revenue.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

80th percentile

37%

Faster asset growth than 80% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

57th percentile

5.5%

Faster revenue growth than 57% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Up

$43,503

Up $11,723 (+37%) from 2014

Net Assets

Up

$41,984

Up $11,805 (+39%) from 2014

Liabilities

Down

$1,519

Down $82 (-5.1%) from 2014

Revenue

Up

$50,363

Up $2,631 (+5.5%) from 2014

Expenses

Down

$38,558

Down $25,794 (-40%) from 2014

Net Income

Up

$11,805

Up $28,425 (+171%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$200K$150K$100K$50K$0Assets 2011: $19,726Liabilities 2011: $8,6312011Assets 2012: $41,379Liabilities 2012: $4,0372012Assets 2013: $48,179Liabilities 2013: $1,3802013Assets 2014: $31,780Liabilities 2014: $1,601Net Assets 2014: $30,1792014Assets 2015: $43,503Liabilities 2015: $1,519Net Assets 2015: $41,9842015Assets 2016: $19,924Liabilities 2016: $1,494Net Assets 2016: $18,4302016Assets 2017: $54,478Liabilities 2017: $1,5762017Assets 2018: $89,185Liabilities 2018: $1,521Net Assets 2018: $87,6642018Assets 2019: $99,010Liabilities 2019: $1,606Net Assets 2019: $97,4042019Assets 2020: $115,857Liabilities 2020: $1,265Net Assets 2020: $114,5922020Assets 2021: $156,147Liabilities 2021: $1,2652021Assets 2022: $180,296Net Assets 2022: $180,2962022Assets 2023: $144,108Net Assets 2023: $144,1082023

Highlighted filing

2015

Assets$43,503
Liabilities$1,519
Net Assets$41,984

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$100K$50K$0-$50KRevenue 2011: $60,293Expenses 2011: $55,212Net Income 2011: $5,0812011Revenue 2012: $62,099Expenses 2012: $35,852Net Income 2012: $26,2472012Revenue 2013: $64,065Expenses 2013: $54,608Net Income 2013: $9,4572013Revenue 2014: $47,732Expenses 2014: $64,352Net Income 2014: -$16,6202014Revenue 2015: $50,363Expenses 2015: $38,558Net Income 2015: $11,8052015Revenue 2016: $60,139Expenses 2016: $83,611Net Income 2016: -$23,4722016Revenue 2017: $59,574Expenses 2017: $25,102Net Income 2017: $34,4722017Revenue 2018: $62,422Expenses 2018: $27,660Net Income 2018: $34,7622018Revenue 2019: $61,402Expenses 2019: $51,662Net Income 2019: $9,7402019Revenue 2020: $64,655Expenses 2020: $47,467Net Income 2020: $17,1882020Revenue 2021: $60,749Expenses 2021: $20,459Net Income 2021: $40,2902021Revenue 2022: $73,504Expenses 2022: $48,090Net Income 2022: $25,4142022Revenue 2023: $44,412Expenses 2023: $80,600Net Income 2023: -$36,1882023

Highlighted filing

2015

Revenue$50,363
Expenses$38,558
Net Income$11,805
Jump To
Filing Snapshot
Filing Period
Oct 1, 2014 to Sep 30, 2015
Signed
Aug 14, 2015
Return Version
2014v6.0
Gross Receipts
$74,819
Mission and Program Overview

Mission

Heart & sole inc was formed and founded for the sole purpose of helping children with special heart conditions by raising funds to contribute to the cause of helping to find new ways to treat and correct heart conditions in children. The organization holds several events each year to raise funds and awareness relating to heart conditions in children to accomplish it's goal. The funds raised each year are donated to the nicu department at augusta university's children's hospital of georgia in augusta, georgia.

Heart & sole inc was formed and founded for the sole purpose of helping children with special heart conditions by raising funds to contribute to the cause of helping to find new ways to treat and correct heart conditions in children. The organization holds several events each year to raise funds and awareness relating to heart conditions in children to accomplish it's goal. The funds raised each year are donated to the nicu department at the children's medical center at georgia health sciences university in augusta, georgia.

Program Services

DescriptionGrantsExpenses
DURING THE 2015 FISCAL YEAR HEART & SOLE INC RAISED FUNDS THROUGH THE UNDERTAKING OF EVENTS HELD BY THE ORGANIZATION DIRECTLY. BY HOLDING THE 5K WALK/RUN THE ORGANIZATION WAS ABLE TO COVER ALL RELATED COSTS ASSOCIATED WITH THE EVENTS AND PROVIDE A DONATION OF 16488 TO THE CHILDREN'S HOSPITAL OF GEORGIA ACCOMPLISHING IT'S GOAL OF CONTRIBUTING TO THE RESEARCH AND TREATMENT OF CHILDREN'S HEART CONDITIONS.$16,488$16,488
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
STACEY HASKINS GARNERPresidentPT$10,440-$10,440
KIMBERLY E TROTTERSecretary/Tr-$6,260-$6,260
BEN MCELREATHVice Preside-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
5k Run/walk & E$59,750$59,750$24,456$35,294
Total Events$59,750$59,750$24,456$35,294
Filing and Contact Details

Filer

Filer Name
Heart & Sole Inc
EIN
20-5640556
Phone
7068692254
Address
PO BOX 10092, AUGUSTA, GA 30904

Signing Officer

Name
Stacey Haskins Garner
Title
President
Phone
7068692254
Signed
2015-08-14
Discuss with paid preparer
Yes

Preparer

Firm
Harkrider & Demyan LLC
Address
823 RUSSELL ST, AUGUSTA, GA 30904-4216
Preparer
John W Demyan Jr
Phone
7067335449
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

Georgia health sciences 01/02/2015 georgia health sciences 1120 15th st 16,488 0 1120 15th st 0 augusta, ga 30912

Form 990-ez, Part I, Line 16

Expenses office expenses 72 computer services 699 organizational meetings 36 postage 147 general operting 2,634 licenses 86 total 3,674

Form 990-ez, Part II, Line 24

Computer equipment 1,969 1,969 less accumulated depreciation 1,969 1,969 total 0 0

Form 990-ez, Part II, Line 26

Payroll taxes payable 1,601 1,519

Form 990-ez, Part III

Heart & sole inc was formed and founded for the sole purpose of helping children with special heart conditions by raising funds to contribute to the cause of helping to find new ways to treat and correct heart conditions in children. The organization holds several events each year to raise funds and awareness relating to heart conditions in children to accomplish it's goal. The funds raised each year are donated to the nicu department at the children's medical center at georgia health sciences university in augusta, georgia.

Form 990-ez, Part III, Line 28

During the 2015 fiscal year heart & sole inc raised funds through the undertaking of events held by the organization directly. By holding the 5k walk/run the organization was able to cover all related costs associated with the events and provide a donation of 16488 to the children's hospital of georgia accomplishing it's goal of contributing to the research and treatment of children's heart conditions.

Raw XML Appendix156 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/PrimaryExemptPurposeTxt0HEART & SOLE INC WAS FORMED AND FOUNDED FOR THE SOLE PURPOSE OF HELPING CHILDREN WITH SPECIAL HEART CONDITIONS BY RAISING FUNDS TO CONTRIBUTE TO THE CAUSE OF HELPING TO FIND NEW WAYS TO TREAT AND CORRECT HEART CONDITIONS IN CHILDREN. THE ORGANIZATION HOLDS SEVERAL EVENTS EACH YEAR TO RAISE FUNDS AND AWARENESS RELATING TO HEART CONDITIONS IN CHILDREN TO ACCOMPLISH IT'S GOAL. THE FUNDS RAISED EACH YEAR ARE DONATED TO THE NICU DEPARTMENT AT THE CHILDREN'S MEDICAL CENTER AT GEORGIA HEALTH SCIENCES UNIVERSITY IN AUGUSTA, GEORGIA.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0GEORGIA HEALTH SCIENCES 01/02/2015 GEORGIA HEALTH SCIENCES 1120 15TH ST 16,488 0 1120 15TH ST 0 AUGUSTA, GA 30912
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES OFFICE EXPENSES 72 COMPUTER SERVICES 699 ORGANIZATIONAL MEETINGS 36 POSTAGE 147 GENERAL OPERTING 2,634 LICENSES 86 TOTAL 3,674
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPUTER EQUIPMENT 1,969 1,969 LESS ACCUMULATED DEPRECIATION 1,969 1,969 TOTAL 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PAYROLL TAXES PAYABLE 1,601 1,519
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4HEART & SOLE INC WAS FORMED AND FOUNDED FOR THE SOLE PURPOSE OF HELPING CHILDREN WITH SPECIAL HEART CONDITIONS BY RAISING FUNDS TO CONTRIBUTE TO THE CAUSE OF HELPING TO FIND NEW WAYS TO TREAT AND CORRECT HEART CONDITIONS IN CHILDREN. THE ORGANIZATION HOLDS SEVERAL EVENTS EACH YEAR TO RAISE FUNDS AND AWARENESS RELATING TO HEART CONDITIONS IN CHILDREN TO ACCOMPLISH IT'S GOAL. THE FUNDS RAISED EACH YEAR ARE DONATED TO THE NICU DEPARTMENT AT THE CHILDREN'S MEDICAL CENTER AT GEORGIA HEALTH SCIENCES UNIVERSITY IN AUGUSTA, GEORGIA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DURING THE 2015 FISCAL YEAR HEART & SOLE INC RAISED FUNDS THROUGH THE UNDERTAKING OF EVENTS HELD BY THE ORGANIZATION DIRECTLY. BY HOLDING THE 5K WALK/RUN THE ORGANIZATION WAS ABLE TO COVER ALL RELATED COSTS ASSOCIATED WITH THE EVENTS AND PROVIDE A DONATION OF 16488 TO THE CHILDREN'S HOSPITAL OF GEORGIA ACCOMPLISHING IT'S GOAL OF CONTRIBUTING TO THE RESEARCH AND TREATMENT OF CHILDREN'S HEART CONDITIONS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 28
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ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN W DEMYAN JR
ReturnHeader/ReturnTs02016-05-16T12:57:13-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-10-01
ReturnHeader/TaxPeriodEndDt02015-09-30
ReturnHeader/TaxYr02014

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