Civic Intelligence

Compassionate Hearts Network Inc.

990EZ • Fiscal year 2020 • EIN 26-2697328

Jan 01, 2020 to Dec 31, 2020 • Filed on May 16, 2021

PO Box 51Woodville, MA 01784

(508) 625-0678

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

65th percentile

16%

Higher net margin than 65% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

81st percentile

54%

Faster asset growth than 81% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

77th percentile

16%

Faster revenue growth than 77% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$69,379

Up $24,207 (+54%) from 2019

Net Assets

Up

$69,379

Up $24,207 (+54%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Up

$153,295

Up $20,674 (+16%) from 2019

Expenses

Up

$129,088

Up $19,161 (+17%) from 2019

Net Income

Up

$24,207

Up $1,513 (+6.7%) from 2019

Historical Trend

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2018: $22,478Liabilities 2018: $0Net Assets 2018: $22,4782018Assets 2019: $45,172Liabilities 2019: $0Net Assets 2019: $45,1722019Assets 2020: $69,379Liabilities 2020: $0Net Assets 2020: $69,3792020Assets 2021: $55,153Liabilities 2021: $0Net Assets 2021: $55,1532021Assets 2022: $52,622Liabilities 2022: $0Net Assets 2022: $52,6222022Assets 2023: $42,878Liabilities 2023: $0Net Assets 2023: $42,8782023Assets 2024: $33,725Liabilities 2024: $0Net Assets 2024: $33,7252024

Highlighted filing

2020

Assets$69,379
Liabilities$0
Net Assets$69,379

Operations Trend

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

$200K$100K$0-$100KRevenue 2018: $10,098Expenses 2018: $1,500Net Income 2018: $8,5982018Revenue 2019: $132,621Expenses 2019: $109,927Net Income 2019: $22,6942019Revenue 2020: $153,295Expenses 2020: $129,088Net Income 2020: $24,2072020Revenue 2021: $161,013Expenses 2021: $175,239Net Income 2021: -$14,2262021Revenue 2022: $85,718Expenses 2022: $88,249Net Income 2022: -$2,5312022Revenue 2023: $138,250Expenses 2023: $156,090Net Income 2023: -$17,8402023Revenue 2024: $189,463Expenses 2024: $198,616Net Income 2024: -$9,1532024

Highlighted filing

2020

Revenue$153,295
Expenses$129,088
Net Income$24,207
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 16, 2021
Return Version
2020v4.0
Gross Receipts
$153,295
Mission and Program Overview

Mission

Compassionate Hearts Network (CHN) finds, fund raise and fulfill charity projects for the benefit of the most deserving individuals of our society. Upon receiving a request directly or indirectly, we do our own background verification before we decide to approve the cause. Once it is approved, we reach out to generous donors to raise the required funds to fund that cause. Our projects (or causes), once accepted are managed by a project sponsor who funds a major part of the project cost. The remaining funds will be collected from interested donors. In that regard, CHN work as a platform where anyone can implement their dream charity project once it's reviewed and approved by the director board. CHN assures that 100% of the raised funds are donated to to the cause (project). All administrative costs are covered by its director board members annual membership fees.

Program Services

DescriptionGrantsExpenses
CHN Participated in fundraising and coordination of 18 health and hospital care projects in 2020. This include various projects to help deserving individuals and families.$27,000$27,000
K-12 Student sponsorships. Compassionate Hearts Network members and supporters sponsored the education of 12 children for an average cost of $250. These students were selected by the sponsored and were given study materials, clothing and additional family assistance as needed. Additionally CHN provided grants and financial assistance to five post-graduate/professional education students.$26,000$26,000
Deepti Special School Support Project. Deepti Special School is a school , located in Adoor, Kerala, India., for differently abled children for ages 4 and 18. Compassionate Hearts Network (CHN) sponsored a community benefit project to support over 200 special needs children. A music fundraiser was hosted to raise money to sponsor physical therapy equipment, computer room, wheelchair etc.$23,000$23,000
House Construction Assistance. In 2020 CHN fundraised and supported 4 house construction projects for a total cost of approximately $15000 USD. The beneficiaries were low-income families with little children through. THe financial support significantly enabled the beneficiaries to complete the construction which otherwise wouldn't have happened.$15,000$15,000
CHN completed five family hardship assistance projects this year. This includes funding new businesses, assistance with housing expenses, job training, etc.$15,000$15,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jiji VarugheseChairman & CEO-$0--
Anita VarugheseDirector-$0--
Jeesmon JacobTreasurer & CFO-$0--
Deepa JacobDirector-$0--
Robin CherukaraPresident-$0--
Suja CherukaraDirector-$0--
Jacob JosephDirector-$0--
Asha JacobDirector-$0--
Sayid ShabeerDirector-$0--
Fazeena AshrafDirector-$0--
Liju C RajuSecretary-$0--
Sithy GeorgeDirector-$0--
Santhosh NairDirector-$0--
Sindhu NairDirector-$0--
Grace PullattuDirector-$0--
Filing and Contact Details

Filer

Filer Name
Compassionate Hearts Network Inc
EIN
26-2697328
Phone
5086250678
Address
PO Box 51, Woodville, MA 01784

Signing Officer

Name
Jacob Joseph
Title
Treasurer
Phone
6178388985
Signed
2021-05-16
Raw XML Appendix315 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/OfficerDirectorTrusteeEmplGrp/PersonNm5Suja Cherukara
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Jacob Joseph
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm13Sindhu Nair
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm14Grace Pullattu
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Chairman & CEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer & CFO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
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IRS990EZ/PrimaryExemptPurposeTxt0Compassionate Hearts Network (CHN) finds, fund raise and fulfill charity projects for the benefit of the most deserving individuals of our society. Upon receiving a request directly or indirectly, we do our own background verification before we decide to approve the cause. Once it is approved, we reach out to generous donors to raise the required funds to fund that cause. Our projects (or causes), once accepted are managed by a project sponsor who funds a major part of the project cost. The remaining funds will be collected from interested donors. In that regard, CHN work as a platform where anyone can implement their dream charity project once it's reviewed and approved by the director board. CHN assures that 100% of the raised funds are donated to to the cause (project). All administrative costs are covered by its director board members annual membership fees.
IRS990EZ/PrintingPublicationsPostageAmt00
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0House Construction Assistance. In 2020 CHN fundraised and supported 4 house construction projects for a total cost of approximately $15000 USD. The beneficiaries were low-income families with little children through. THe financial support significantly enabled the beneficiaries to complete the construction which otherwise wouldn't have happened.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Deepti Special School Support Project. Deepti Special School is a school , located in Adoor, Kerala, India., for differently abled children for ages 4 and 18. Compassionate Hearts Network (CHN) sponsored a community benefit project to support over 200 special needs children. A music fundraiser was hosted to raise money to sponsor physical therapy equipment, computer room, wheelchair etc.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2CHN Participated in fundraising and coordination of 18 health and hospital care projects in 2020. This include various projects to help deserving individuals and families.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt3K-12 Student sponsorships. Compassionate Hearts Network members and supporters sponsored the education of 12 children for an average cost of $250. These students were selected by the sponsored and were given study materials, clothing and additional family assistance as needed. Additionally CHN provided grants and financial assistance to five post-graduate/professional education students.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt4CHN completed five family hardship assistance projects this year. This includes funding new businesses, assistance with housing expenses, job training, etc.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0We did not have any other income or grants. 100 of our 2020 income is from public donations.
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IRS990ScheduleA/PublicSupportTotal509Amt0480528
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IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt00
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IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearMinus4YearsAmt00
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IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0153295
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0132621
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt095883
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt049577
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt049152
IRS990ScheduleA/Total509Grp/TotalAmt0480528
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0153295
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0132621
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt095883
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt049577
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt049152
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0480528
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/LastSubmissionRqrOOBCd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd011
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/ProfileEmailAddressChangeInd0X
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/ProfilePasswordChangeInd0X
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd01
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Jacob Joseph
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum06178388985
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0COMPASSIONATE HEARTS NETWORK INC
ReturnHeader/Filer/BusinessNameControlTxt0COMP
ReturnHeader/Filer/EIN0262697328
ReturnHeader/Filer/PhoneNum05086250678
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 51
ReturnHeader/Filer/USAddress/CityNm0Woodville
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001784
ReturnHeader/ReturnTs02021-05-17T20:33:54-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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