Civic Intelligence

Heartbeats for Life

990 • Fiscal year 2020 • EIN 23-7316671

Jan 01, 2020 to Dec 31, 2020 • Filed on Sep 17, 2021

336 E Main StNewark, OH 43055

(740) 349-7558

Siviq Scores

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

Liabilities / Assets

74th percentile

0.36x

Higher debt load relative to assets than 74% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

81st percentile

0.65x

Higher debt load relative to revenue than 81% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

58th percentile

9.5%

Higher net margin than 58% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

44th percentile

$40,014

Higher top officer pay than 44% of similar nonprofits.

Top officer pay equals 6.1% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

57th percentile

9.2%

Faster asset growth than 57% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

84th percentile

41%

Faster revenue growth than 84% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$1,174,485

Up $305,028 (+35%) from 2018

Net Assets

Down

$746,524

Down $85,257 (-10%) from 2018

Liabilities

Up

$427,961

Up $390,285 (+1036%) from 2018

Revenue

Up

$656,284

Up $96,125 (+17%) from 2018

Expenses

Up

$593,779

Up $12,486 (+2.1%) from 2018

Net Income

Up

$62,505

Up $83,639 (+396%) from 2018

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $749,297Liabilities 2011: $144,094Net Assets 2011: $605,2032011Assets 2012: $690,523Liabilities 2012: $98,577Net Assets 2012: $591,9462012Assets 2014: $780,167Liabilities 2014: $76,838Net Assets 2014: $703,3292014Assets 2017: $934,567Liabilities 2017: $35,744Net Assets 2017: $898,8232017Assets 2018: $869,457Liabilities 2018: $37,676Net Assets 2018: $831,7812018Assets 2020: $1,174,485Liabilities 2020: $427,961Net Assets 2020: $746,5242020Assets 2021: $1,386,447Liabilities 2021: $332,964Net Assets 2021: $1,053,4832021Assets 2024: $1,424,283Liabilities 2024: $42,027Net Assets 2024: $1,382,2562024

Highlighted filing

2020

Assets$1,174,485
Liabilities$427,961
Net Assets$746,524

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2011: $384,4542011Expenses 2012: $411,9922012Revenue 2014: $530,467Expenses 2014: $501,321Net Income 2014: $29,1462014Revenue 2017: $588,015Expenses 2017: $512,139Net Income 2017: $75,8762017Revenue 2018: $560,159Expenses 2018: $581,293Net Income 2018: -$21,1342018Revenue 2020: $656,284Expenses 2020: $593,779Net Income 2020: $62,5052020Revenue 2021: $951,879Expenses 2021: $644,919Net Income 2021: $306,9602021Revenue 2024: $924,469Expenses 2024: $824,458Net Income 2024: $100,0112024

Highlighted filing

2020

Revenue$656,284
Expenses$593,779
Net Income$62,505
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Sep 17, 2021
Return Version
2020v4.1
Gross Receipts
$656,284
Mission and Program Overview

Mission

Heartbeats is a life-affirming ministry committed to impacting the lives we serve with the love of christ. We will achieve this by: 1. Practicing intentional unconditional love of christ to all that come in word and deed. 2. Offering practical help and positive alternative choices to abortion. 3. Loving the woman well so hope rises in her and she can love her baby to life. 4. Providing restoration groups for post-abortive women and men. 5. Encouraging, equipping and expanding the tools to create a culture of life in our churches and community. 6. Teaching youth about the value of their sexual integrity and the importance of committing to abstinence until marriage. 7. Modeling and serving others in the local, state, national and international pro-life communities. 8. Purposing to impact our service area to embrace the sacredness of human life across cultural, generational, and ethnic boundaries.

Heartbeats is a Life-Affirming ministry committed to impacting the lives we serve with the Love of Christ. We will achieve this by: (Continued on Schedule O - See General Explanation Attachment)

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$873,274$836,396▼ $36,878
Savings and Temporary Cash Investments$109,225$270,569▲ $161,344
Pledges and Grants Receivable$67,520$67,520→ $0
Prepaid Expenses and Deferred Charges$21,766--
Total Assets$1,075,285$1,174,485▲ $99,200
Other Assets Total$3,500--
Liabilities
Other Liabilities$364,679$387,873▲ $23,194
Accounts Payable and Accrued Expenses$26,587$40,088▲ $13,501
Total Liabilities$391,266$427,961▲ $36,695
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$684,019$746,524▲ $62,505
Total Net Assets Fund Balance$684,019$746,524▲ $62,505
Total Liabilities and Net Assets / Fund Balance$1,075,285$1,174,485▲ $99,200

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$704,578$355,494$1,060,072
Land$131,550-$131,550
Equipment$268$120,325$120,593
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Elizabeth McCulloughExecutive DirectorPT$40,014$40,014

Board Members and Trustees

NameTitle
Matt DolePresident
Laurie WellsVice President
Craig BurdickBoard Member
Jack ConardBoard Member
Jessica GosselinBoard Member
Jill SantosBoard Member
John UibleBoard Member
Marti HyslipBoard Member
Mel CraderBoard Member
Rob RodgersBoard Member
Scott HayesBoard Member
David BornBoard Member Medical Direct
John MarronSecretary
Dave ShellyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$656,063
Program Service Revenue
$0
Investment Income
$221
Other Revenue
$0
All Other Contributions
$391,633
Change in Net Assets
$62,505
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$355,349
Other Expenses$238,430
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$296,616--$296,616
Occupancy$54,950--$54,950
Office Expenses-$44,665-$44,665
Depreciation Depletion$40,260--$40,260
Current Officers, Directors, Trustees, and Key Employees$30,010$10,004-$40,014
Interest-$20,506-$20,506
Payroll Taxes$16,847$1,872-$18,719
Fees for Services Accounting-$18,472-$18,472
Insurance$2,240$8,962-$11,202
Other Expenses$1,878$6,940-$6,940
All Other Expenses$4,600--$4,600
Conferences and Meetings$150--$150
Total Functional Expenses$482,358$111,421$0$593,779
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Banquet$135,023$135,023$13,040$121,983
Bottles$67,909$67,909$749$67,160
Total Events$296,913$296,913$32,483$264,430
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Long Term Liabilities$387,873
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

Draft of Form 990 completed and provided to board members for review and comment prior to filing

Conflict of interest policy compliance Part VI line 12C

Review of conflict of interest statement with board members annually

Governing documents etc available to public Part VI line 19

Can be viewed during normal business hours, copies can be made for fee and within a resonable time.

Filing and Contact Details

Filer

Filer Name
Heartbeats for Life
EIN
23-7316671
Address
336 E Main St, Newark, OH 43055

Signing Officer

Name
Elizabeth McCullough
Title
Executive Direc
Phone
7403497558
Signed
2021-09-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Elizabeth McCullough
Formed
1973
Legal Domicile
Oh
Voting Board Members
14
Independent Board Members
14
Employees
22
Volunteers
54

Preparer

Firm
Michael A Haas & Associates LLC
Address
912 Mount Vernon Rd, Newark, OH 43055
Preparer
Michael A Haas EA
Phone
7403668020
Supplemental Narrative

Additional Explanations

General explanation attachment

1. Practicing intentional unconditional Love of Christ to all that come in word and deed.2. Offering practical help and positive alternative choices to abortion.3. Loving the woman well so hope rises in her and she can love her baby to life.4. Providing restoration groups for post-abortive women and men.5. Encouraging, equipping and expanding the tools to create a culture of life in our churches and community.6. Teaching youth about the value of their sexual integrity and the importance of committing to abstinence until marriage.7. Modeling and serving others in the local, state, national and international Pro-Life communities.8. Purposing to impact our service area to embrace the sacredness of human life across cultural, generational, and ethnic boundaries. Form 990, Part I, Line 6Volunteers provide client education, medical services and help with events.

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IRS990/PrincipalOfficerNm0Elizabeth McCullough
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Draft of Form 990 completed and provided to board members for review and comment prior to filing
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Review of conflict of interest statement with board members annually
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Can be viewed during normal business hours, copies can be made for fee and within a resonable time.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt31. Practicing intentional unconditional Love of Christ to all that come in word and deed.2. Offering practical help and positive alternative choices to abortion.3. Loving the woman well so hope rises in her and she can love her baby to life.4. Providing restoration groups for post-abortive women and men.5. Encouraging, equipping and expanding the tools to create a culture of life in our churches and community.6. Teaching youth about the value of their sexual integrity and the importance of committing to abstinence until marriage.7. Modeling and serving others in the local, state, national and international Pro-Life communities.8. Purposing to impact our service area to embrace the sacredness of human life across cultural, generational, and ethnic boundaries. Form 990, Part I, Line 6Volunteers provide client education, medical services and help with events.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3General explanation attachment
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IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false

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