Civic Intelligence

Touching Heart

990 • Fiscal year 2023 • EIN 27-0777365

Jan 01, 2023 to Dec 31, 2023 • Filed on May 06, 2024

P O Box 710282Herndon, VA 20171

(703) 901-7355

Siviq Scores

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

Liabilities / Assets

84th percentile

0.20x

Higher debt load relative to assets than 84% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

97th percentile

1.77x

Higher debt load relative to revenue than 97% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

6th percentile

-91%

Higher net margin than 6% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

62nd percentile

8.7%

Faster asset growth than 62% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

5th percentile

-80%

Faster revenue growth than 5% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$327,911

Up $26,333 (+8.7%) from 2022

Net Assets

Down

$262,944

Down $35,664 (-12%) from 2022

Liabilities

Up

$64,967

Up $61,997 (+2087%) from 2022

Revenue

Down

$36,762

Down $146,401 (-80%) from 2022

Expenses

Down

$70,364

Down $95,214 (-58%) from 2022

Net Income

Down

-$33,602

Down $51,187 (-291%) from 2022

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2015: $186,808Liabilities 2015: $40,157Net Assets 2015: $146,6512015Assets 2016: $223,163Liabilities 2016: $80,751Net Assets 2016: $142,4122016Assets 2017: $267,599Liabilities 2017: $115,596Net Assets 2017: $152,0032017Assets 2018: $231,890Liabilities 2018: $63,967Net Assets 2018: $167,9232018Assets 2019: $301,678Liabilities 2019: $86,305Net Assets 2019: $215,3732019Assets 2020: $246,950Liabilities 2020: $3,065Net Assets 2020: $243,8852020Assets 2021: $290,416Liabilities 2021: $9,393Net Assets 2021: $281,0232021Assets 2022: $301,578Liabilities 2022: $2,970Net Assets 2022: $298,6082022Assets 2023: $327,911Liabilities 2023: $64,967Net Assets 2023: $262,9442023Assets 2024: $333,080Liabilities 2024: $1,663Net Assets 2024: $331,4172024

Highlighted filing

2023

Assets$327,911
Liabilities$64,967
Net Assets$262,944

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2015: $204,674Expenses 2015: $179,046Net Income 2015: $25,6282015Revenue 2016: $216,964Expenses 2016: $221,203Net Income 2016: -$4,2392016Revenue 2017: $339,823Expenses 2017: $330,232Net Income 2017: $9,5912017Revenue 2018: $304,608Expenses 2018: $288,688Net Income 2018: $15,9202018Revenue 2019: $308,775Expenses 2019: $261,325Net Income 2019: $47,4502019Revenue 2020: $215,044Expenses 2020: $208,132Net Income 2020: $6,9122020Revenue 2021: $204,153Expenses 2021: $183,177Net Income 2021: $20,9762021Revenue 2022: $183,163Expenses 2022: $165,578Net Income 2022: $17,5852022Revenue 2023: $36,762Expenses 2023: $70,364Net Income 2023: -$33,6022023Revenue 2024: $136,801Expenses 2024: $68,328Net Income 2024: $68,4732024

Highlighted filing

2023

Revenue$36,762
Expenses$70,364
Net Income-$33,602
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 6, 2024
Return Version
2023v5.0
Gross Receipts
$36,762
Mission and Program Overview

Mission

Our mission is teach children the joy of giving and to build the next generation of compassionate leaders. Through our after school programs, workshops, summer camps, and events, Touching Heart creates hands-on opportunities for children to actively experience the great joy that comes from helping others. Since 2010 our programs have impacted over 20,000 children.

Touching Heart is on a mission to inspire children and fill their young hearts with love and compassion for one another, building the next generation of compassionate leaders. Our programs enlighten, excite, and educate children to experience the true joy that comes from helping those in need. The end results of inspiring children to help those in need, is that, as a group and individually, our children do help others in need, through many programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$187,374$218,613▲ $31,239
Savings and Temporary Cash Investments$100,000$100,000→ $0
Prepaid Expenses and Deferred Charges$3,669$8,318▲ $4,649
Accounts Receivable$10,535$980▼ $9,555
Total Assets$301,578$327,911▲ $26,333
Liabilities
Deferred Revenue-$64,500-
Accounts Payable and Accrued Expenses$2,970$467▼ $2,503
Total Liabilities$2,970$64,967▲ $61,997
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$298,608$262,944▼ $35,664
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$298,608$262,944▼ $35,664
Total Liabilities and Net Assets / Fund Balance$301,578$327,911▲ $26,333
Compensation and Service Providers

Board Members and Trustees

NameTitle
Helen Shin YiCo-Founder and Executive Director
Dr Marina AmatDirector
Kimmy HugginsDirector
Leah WilkinsonDirector
Scott WiaterDirector
Susan GoDirector
Taylor YiCo-Founder and Secretary
Anna JeongTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$30,975
Program Service Revenue
$5,787
Investment Income
$0
Other Revenue
$0
All Other Contributions
$30,975
Change in Net Assets
$-33,602
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$63,643
Salaries, Compensation, and Employee Benefits$6,721
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Information Technology$32,548$0-$32,548
Fees for Services Other$15,663$0-$15,663
Other Salaries and Wages$3,100$3,143-$6,243
Fees for Services Accounting$4,810$482-$5,292
Insurance$1,667$700-$2,367
Office Expenses$885$885-$1,770
Other Expenses$1,055$0$0$1,055
Payroll Taxes$239$239-$478
Conferences and Meetings$143$143-$286
Total Functional Expenses$64,772$5,592$0$70,364
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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, Part VI, Section A, Line 2

The Executive Director and Co-founder, Helen Yi, is the mother of Taylor Yi, the other Co-founder.

Form 990, Part VI, Section B, Line 11B

The Director of Finance prepares the Form 990 and emails it to the Executive Director. She emails it to all of the other Board members. They review the return. They give any recommended changes to the Director of Finance. Once the Form 990 is corrected, she emails it to the Executive Director. Once the Executive Director gives her approval, the Director of Finance efiles the Form 990.

Form 990, Part VI, Section B, Line 12C

Each Director is reminded of his/her obligation periodically.

Form 990, Part VI, Section C, Line 19

Once the information is requested, we make a copy of the information and give it to the person requesting it.

Filing and Contact Details

Filer

Filer Name
Touching Heart
EIN
27-0777365
Phone
7039017355
Address
P O Box 710282, Herndon, VA 20171

Signing Officer

Name
Linda Foldvik
Title
Director of Finance
Phone
7039017355
Signed
2024-05-06

Organization Details

Principal Officer
Helen Yi
Formed
2009
Legal Domicile
Va
Voting Board Members
8
Independent Board Members
8
Employees
2
Volunteers
520
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

15,663Director of Programs--10,133 Event Planner--2,645 Media Consultant--2,885 TOTAL 15,663

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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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IRS990/ActivityOrMissionDesc0Touching Heart is on a mission to inspire children and fill their young hearts with love and compassion for one another, building the next generation of compassionate leaders. Our programs enlighten, excite, and educate children to experience the true joy that comes from helping those in need. The end results of inspiring children to help those in need, is that, as a group and individually, our children do help others in need, through many programs.
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IRS990/Desc0Kids On A Mission (KOAM) - Touching Heart coaches work with a leadership team of 3-5 children to select a cause, then plan and implement an event to raise funds to bring about positive change in the lives of children in need. Touching Heart partners with carefully selected local causes that benefit local children and international orphanages. Using a child-led, project-based learning curriculum developed by Touching Heart, these young leaders learn practical life and business skills including goal-setting, marketing, budgeting, public speaking and project management. They experience the joy of working as a team together to help others in need, and most of them can't wait to do it again! Children in our programs see the impact of their efforts through photographs, letters, conference calls and video. Touching Heart believes that children seeing the actual results of their giving actions is critical to inspiring children to continue to give. Examples of Kids on a Mission events include a fashion show, Minecraft tournament, basketball and soccer tournaments, a princess tea party and a art gallery sale. Since 2010, over 4,000 kids led or participated in Kids on a Mission events, benefitting over 12,000 children locally and internationally from the funds raised from the events. The children help organize the Backpack distributions, Fun Day and the Holiday Party.
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IRS990/MissionDesc0Our mission is to teach children the joy of giving and to build the next generation of compassionate leaders. Through our after school programs, workshops, summer camps, and events, Touching Heart creates hands-on opportunities for children to actively experience the great joy that comes from helping others. Since 2010 our programs have impacted over 22,000 children. The end result is that our children have helped over 5,000 individuals over the years, and continue to do so.
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IRS990/ProgSrvcAccomActy2Grp/Desc0School Programs - In Touching Heart's classes and clubs, participants take action to help others and learn about the impact they can have to make the world a better place. They complete hands-on service projects such as preparing food for homeless shelters and making fleece scarves and blankets for children in need. They also learn about issues such as clean water and hunger eradication, and participate in leadership development activities and compassion and empathy exercises. Elementary school classes consist of eight one-hour sessions, while middle school and high school programs are yearlong clubs. Since 2015 Touching Heart classes and clubs were held in over 26 schools in Fairfax and Loudoun County in VA, Montgomery County in MD and Brooklyn in NY. With over 700 children attending the programs, they in turn helped over 5,500 children in need. Touching Heart classes and clubs have grown quickly, mostly through word-of-mouth, and received rave reviews from parents and participants.
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IRS990/ProgSrvcAccomActy3Grp/Desc0Touching Heart has had long-standing relationships with local organizations that help children in need including the Arlington, Fairfax and Loudon County Foster Care Programs, Fairfax County Family Services, and Cornerstones in Herndon. Touching Heart helps children right here in our community with local projects and programs. In 2022 Touching Heart kids participated in assembling lunches and creating cold care packs for local homeless shelters, organizing Summer Fun Fair and Winter Holiday Parties for Fairfax County foster children and their families, providing backpacks and school supplies to foster children in various counties. Touching Heart also has conducted stringent reviews of several international orphanages, selecting only a few to be our partners. We are very selective on who we partner with, as we provide these orphanages with significant funding for specific projects.
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IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0183163
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-33602
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt05787
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0100000
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0100000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt052062
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0233070
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0220315
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0250396
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0308774
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01064617
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01
IRS990ScheduleA/PublicSupportPY170Pct01
IRS990ScheduleA/PublicSupportTotal170Amt01064617
IRS990ScheduleA/ThirtyThrPctSuprtTestsPY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt052062
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0233070
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0220315
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0250396
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0308774
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01064617
IRS990ScheduleA/TotalSupportAmt01064617
IRS990/ScheduleBRequiredInd00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Executive Director and Co-founder, Helen Yi, is the mother of Taylor Yi, the other Co-founder.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Director of Finance prepares the Form 990 and emails it to the Executive Director. She emails it to all of the other Board members. They review the return. They give any recommended changes to the Director of Finance. Once the Form 990 is corrected, she emails it to the Executive Director. Once the Executive Director gives her approval, the Director of Finance efiles the Form 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Each Director is reminded of his/her obligation periodically.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Once the information is requested, we make a copy of the information and give it to the person requesting it.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt415,663Director of Programs--10,133 Event Planner--2,645 Media Consultant--2,885 TOTAL 15,663
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 11g
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0VA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0301578
IRS990/TotalAssetsEOYAmt0327911
IRS990/TotalAssetsGrp/BOYAmt0301578
IRS990/TotalAssetsGrp/EOYAmt0327911
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt030975
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt05592
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt064772
IRS990/TotalFunctionalExpensesGrp/TotalAmt070364
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02970
IRS990/TotalLiabilitiesEOYAmt064967
IRS990/TotalLiabilitiesGrp/BOYAmt02970
IRS990/TotalLiabilitiesGrp/EOYAmt064967
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0298608
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0262944
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt00
IRS990/TotalOtherProgSrvcGrantAmt00
IRS990/TotalOtherProgSrvcRevenueAmt00
IRS990/TotalOthProgramServiceRevGrp/ExclusionAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt00
IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt064772
IRS990/TotalProgramServiceRevenueAmt05787
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt05787
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt036762
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0520
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0301578
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0327911
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0P O Box 710282
IRS990/USAddress/CityNm0Herndon
IRS990/USAddress/StateAbbreviationCd0VA
IRS990/USAddress/ZIPCd020171
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0TouchingHeart.com
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/LastSubmissionRqrOOBCd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd011
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd01
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Linda Foldvik
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Director of Finance
ReturnHeader/BusinessOfficerGrp/PhoneNum07039017355
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TOUCHING HEART
ReturnHeader/Filer/BusinessNameControlTxt0TOUC
ReturnHeader/Filer/EIN0270777365
ReturnHeader/Filer/PhoneNum07039017355
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O Box 710282
ReturnHeader/Filer/USAddress/CityNm0Herndon
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd020171
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/ReturnTs02024-05-03T08:56:03-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Linda
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Foldvik
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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