Civic Intelligence

Hearts Around the World Inc.

990EZ • Fiscal year 2017 • EIN 26-3047200

Jan 01, 2017 to Dec 31, 2017 • Filed on May 10, 2018

PO Box 5336Brookfield, CT 06804-5336

(203) 470-1019

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

0.00x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

15th percentile

-22%

Higher net margin than 15% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

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.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

25th percentile

-13%

Faster asset growth than 25% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

9th percentile

-50%

Faster revenue growth than 9% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$51,915

Down $8,064 (-13%) from 2016

Net Assets

Down

$51,915

Down $8,064 (-13%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Down

$36,884

Down $36,694 (-50%) from 2016

Expenses

Down

$44,948

Down $44,801 (-50%) from 2016

Net Income

Up

-$8,064

Up $8,107 (+50%) from 2016

Historical Trend

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2010: $59,010Liabilities 2010: $0Net Assets 2010: $59,0102010Assets 2011: $41,835Liabilities 2011: $0Net Assets 2011: $41,8352011Assets 2012: $46,821Net Assets 2012: $46,8212012Assets 2013: $67,293Net Assets 2013: $67,2932013Assets 2014: $55,282Liabilities 2014: $0Net Assets 2014: $55,2822014Assets 2015: $76,150Liabilities 2015: $0Net Assets 2015: $76,1502015Assets 2016: $59,979Liabilities 2016: $0Net Assets 2016: $59,9792016Assets 2017: $51,915Liabilities 2017: $0Net Assets 2017: $51,9152017Assets 2018: $32,655Liabilities 2018: $0Net Assets 2018: $32,6552018Assets 2019: $23,314Liabilities 2019: $0Net Assets 2019: $23,3142019Assets 2020: $20,680Liabilities 2020: $0Net Assets 2020: $20,6802020

Highlighted filing

2017

Assets$51,915
Liabilities$0
Net Assets$51,915

Operations Trend

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

$100K$50K$0-$50KRevenue 2010: $54,549Expenses 2010: $42,985Net Income 2010: $11,5642010Revenue 2011: $66,153Expenses 2011: $83,328Net Income 2011: -$17,1752011Revenue 2012: $76,420Expenses 2012: $71,434Net Income 2012: $4,9862012Revenue 2013: $71,509Expenses 2013: $51,037Net Income 2013: $20,4722013Revenue 2014: $60,076Expenses 2014: $72,087Net Income 2014: -$12,0112014Revenue 2015: $64,180Expenses 2015: $43,312Net Income 2015: $20,8682015Revenue 2016: $73,578Expenses 2016: $89,749Net Income 2016: -$16,1712016Revenue 2017: $36,884Expenses 2017: $44,948Net Income 2017: -$8,0642017Revenue 2018: $26,931Expenses 2018: $46,191Net Income 2018: -$19,2602018Revenue 2019: $33,119Expenses 2019: $42,460Net Income 2019: -$9,3412019Revenue 2020: $9,794Expenses 2020: $12,428Net Income 2020: -$2,6342020

Highlighted filing

2017

Revenue$36,884
Expenses$44,948
Net Income-$8,064
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 10, 2018
Return Version
2017v2.2
Gross Receipts
$36,884
Mission and Program Overview

Mission

The primary exempt purpose of Hearts Around the World, Inc is to provide hands on medical education to cardiologists and cardiac surgeons in thrid world and emerging nations.

SEE SCHEDULE O

Program Services

DescriptionGrantsExpenses
TRAVEL LODGING VISAS FOR INTERNATIONAL TRIPS-$42,626
MAILINGS WEBSITE MAINTENANCE LEGAL FEES TELEPHONE-$2,322
SEE SCHEDULE O--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ROBERT JARRETTPresidentPT$0--
MINOO AFKARI-JARRETTExecutive DirectorPT$0--
LORETTA LONDONSecretary-$0--
MANUEL FONTESBoard MemberPT$0--
RICHARD RIGLINGBoard Member-$0--
MACIEJ MILEWSKIBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Hearts Around the World Inc
EIN
26-3047200
Address
PO BOX 5336, BROOKFIELD, CT 06804-5336

Signing Officer

Name
Robert Jarrett
Title
President
Phone
2037333222
Signed
2018-05-10
Discuss with paid preparer
Yes

Preparer

Firm
Ronald M Tvert & Co Cpas
Address
595 WEST HARTSDALE AVE STE201, White Plains, NY 10607-1839
Preparer
Ronald M Tvert
Phone
9149485100
Supplemental Narrative

Additional Explanations

General explanation attachment

Form 990-ez, part iii - organizations primary exempt purposethe primary exempt purpose of hearts around the world is to provide hands on medical education to cardiologists and cardiac surgeons in third world and emerging nations.form 990-ez, part iii, line 30 - statement of program service accomplishmentsto accomplish our goal, the organization currently has five international programs in ho chi minh city, vietnam, dalian, china and milot, haiti, havana, cuba and santo domingo,dominican republic. Each team that we send consists of 4-15 cardiologists, cardiac surgeons, anesthesiologists, nurses and technologists who work side by side with their local counterparts on the wards, in the clinics, in the operating rooms and the cardiac catherization laboratories. The teams spend 7-10 days at the local hospitals. In addition to working with the local health care providers, our teams give lectures and informal conferences on a daily basis. We are currently sending 1-2 teams per year to each of our 5 sites in conjunction with the global health program of the western connecticut health network and the university of vermont global health program. We are inviting global scholars from other nations to observe at our u.s. Health institutions for 3-4 month periods. In between our missions, our physician volunteers continue to communicate (via telephone and email) with the local counterparts in an effort to provide additional medical advice and education when complicated patients are encountered.

Description of other expenses Part I line 16

Description amounttravel, lodging and visas 42,626

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990-EZ, PART III - ORGANIZATIONS PRIMARY EXEMPT PURPOSETHE PRIMARY EXEMPT PURPOSE OF HEARTS AROUND THE WORLD IS TO PROVIDE HANDS ON MEDICAL EDUCATION TO CARDIOLOGISTS AND CARDIAC SURGEONS IN THIRD WORLD AND EMERGING NATIONS.FORM 990-EZ, PART III, LINE 30 - STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENTSTO ACCOMPLISH OUR GOAL, THE ORGANIZATION CURRENTLY HAS FIVE INTERNATIONAL PROGRAMS IN HO CHI MINH CITY, VIETNAM, DALIAN, CHINA AND MILOT, HAITI, HAVANA, CUBA AND SANTO DOMINGO,DOMINICAN REPUBLIC. EACH TEAM THAT WE SEND CONSISTS OF 4-15 CARDIOLOGISTS, CARDIAC SURGEONS, ANESTHESIOLOGISTS, NURSES AND TECHNOLOGISTS WHO WORK SIDE BY SIDE WITH THEIR LOCAL COUNTERPARTS ON THE WARDS, IN THE CLINICS, IN THE OPERATING ROOMS AND THE CARDIAC CATHERIZATION LABORATORIES. THE TEAMS SPEND 7-10 DAYS AT THE LOCAL HOSPITALS. IN ADDITION TO WORKING WITH THE LOCAL HEALTH CARE PROVIDERS, OUR TEAMS GIVE LECTURES AND INFORMAL CONFERENCES ON A DAILY BASIS. WE ARE CURRENTLY SENDING 1-2 TEAMS PER YEAR TO EACH OF OUR 5 SITES IN CONJUNCTION WITH THE GLOBAL HEALTH PROGRAM OF THE WESTERN CONNECTICUT HEALTH NETWORK AND THE UNIVERSITY OF VERMONT GLOBAL HEALTH PROGRAM. WE ARE INVITING GLOBAL SCHOLARS FROM OTHER NATIONS TO OBSERVE AT OUR U.S. HEALTH INSTITUTIONS FOR 3-4 MONTH PERIODS. IN BETWEEN OUR MISSIONS, OUR PHYSICIAN VOLUNTEERS CONTINUE TO COMMUNICATE (VIA TELEPHONE AND EMAIL) WITH THE LOCAL COUNTERPARTS IN AN EFFORT TO PROVIDE ADDITIONAL MEDICAL ADVICE AND EDUCATION WHEN COMPLICATED PATIENTS ARE ENCOUNTERED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION AMOUNTTRAVEL, LODGING AND VISAS 42,626
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