Civic Intelligence

Open Hearts Foundation

990 • Fiscal year 2017 • EIN 27-1215063

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 06, 2018

Organization ProfileN/A
23838 Pacific Coast Highway 2782Malibu, CA 90265

(310) 841-5821

Siviq Scores

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

Liabilities / Assets

26th percentile

0.00x

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

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

26th percentile

0.00x

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

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

33rd percentile

-2.0%

Higher net margin than 33% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

24th percentile

-4.8%

Faster asset growth than 24% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

92nd percentile

101%

Faster revenue growth than 92% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets26th percentile

Assets

Down

$180,723

Down $9,016 (-4.8%) from 2016

Net Assets

Down

$180,723

Down $8,145 (-4.3%) from 2016

Liabilities

Down

$0

Down $871 (-100%) from 2016

Revenue And Expenses
Liabilities / Revenue26th percentileNet Margin33rd percentile

Revenue

Up

$411,771

Up $207,102 (+101%) from 2016

Expenses

Up

$419,916

Up $315,743 (+303%) from 2016

Net Income

Down

-$8,145

Down $108,641 (-108%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth24th percentile

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

$800K$600K$400K$200K$0Assets 2014: $27,214Liabilities 2014: $14,563Net Assets 2014: $12,6512014Assets 2015: $88,458Liabilities 2015: $86Net Assets 2015: $88,3722015Assets 2016: $189,739Liabilities 2016: $871Net Assets 2016: $188,8682016Assets 2017: $180,723Liabilities 2017: $0Net Assets 2017: $180,7232017Assets 2018: $365,028Liabilities 2018: $20,174Net Assets 2018: $344,8542018Assets 2019: $413,679Liabilities 2019: $19,163Net Assets 2019: $394,5162019Assets 2020: $381,443Liabilities 2020: $0Net Assets 2020: $381,4432020Assets 2021: $430,656Liabilities 2021: $0Net Assets 2021: $430,6562021Assets 2022: $471,991Liabilities 2022: $0Net Assets 2022: $471,9912022Assets 2023: $560,972Liabilities 2023: $0Net Assets 2023: $560,9722023Assets 2024: $670,208Liabilities 2024: $37,668Net Assets 2024: $632,5402024

Highlighted filing

2017

Assets$180,723
Liabilities$0
Net Assets$180,723
Open 2017 Filing

Operations Trend

Revenue Growth92nd percentile

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

$600K$400K$200K$0-$200KRevenue 2014: $308,024Expenses 2014: $367,303Net Income 2014: -$59,2792014Revenue 2015: $223,791Expenses 2015: $147,873Net Income 2015: $75,9182015Revenue 2016: $204,669Expenses 2016: $104,173Net Income 2016: $100,4962016Revenue 2017: $411,771Expenses 2017: $419,916Net Income 2017: -$8,1452017Revenue 2018: $533,803Expenses 2018: $369,672Net Income 2018: $164,1312018Revenue 2019: $458,493Expenses 2019: $394,625Net Income 2019: $63,8682019Revenue 2020: $530,248Expenses 2020: $543,321Net Income 2020: -$13,0732020Revenue 2021: $373,217Expenses 2021: $324,004Net Income 2021: $49,2132021Revenue 2022: $424,897Expenses 2022: $383,562Net Income 2022: $41,3352022Revenue 2023: $545,068Expenses 2023: $456,087Net Income 2023: $88,9812023Revenue 2024: $347,573Expenses 2024: $264,751Net Income 2024: $82,8222024

Highlighted filing

2017

Revenue$411,771
Expenses$419,916
Net Income-$8,145
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 6, 2018
Return Version
2017v2.3
Gross Receipts
$542,446
Mission and Program Overview

Mission

The open hearts foundation is a social impact accelerator that is committed to empowering emerging and growing nonprofit organizations, whose orgins and mission are consistent with the precepts of the open hearts philosophy. The foundation, by providing expertise, resources and tools, enables these nonprofits to not only raise their profile but also further their mission and objectives.

To share the open hearts philosophy of transforming personal adversity into an opportunity to serve others.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$189,739$175,627▼ $14,112
Total Assets$189,739$180,723▼ $9,016
Other Assets Total$0$5,096▲ $5,096
Liabilities
Accounts Payable and Accrued Expenses$871--
Total Liabilities$871$0▼ $871
Net Assets / Fund Balance
Unrestricted Net Assets$188,868$180,723▼ $8,145
Total Net Assets Fund Balance$188,868$180,723▼ $8,145
Total Liabilities and Net Assets / Fund Balance$189,739$180,723▼ $9,016
Compensation and Service Providers
Top Officer Pay49th percentile

Board Members and Trustees

NameTitle
James KeachChairman
Eric McintyreDirector
Jane SeymourDirector
Richard GoldDirector
James PalmerSecretary
Robert TrabuccoTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Elaine Mellis-101 LOMBARD STREET SUITE 219E, San Francisco, CA 94111$105,000
Revenue and Support

Revenue Composition

Contributions and Grants
$449,797
Program Service Revenue
$0
Investment Income
$33
Other Revenue
$-38,059
All Other Contributions
$182,074
Change in Net Assets
$-8,145
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$216,675
Grants and Similar Amounts Paid$192,000
Total Fundraising Expense$57,478
Salaries, Compensation, and Employee Benefits$11,241
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$192,000--$192,000
Fees for Services Management$10,500$52,500$42,000$105,000
Fees for Services Other$7,343$29,372-$36,715
Fees for Services Accounting-$22,112-$22,112
Fees for Services Legal-$20,408-$20,408
Travel$553$8,337$4,379$13,269
Other Salaries and Wages-$10,015-$10,015
Information Technology--$7,550$7,550
Insurance$1,298$5,193-$6,491
Office Expenses$146$1,200$3,549$4,895
Payroll Taxes-$1,226-$1,226
Other Expenses$47$188-$235
Total Functional Expenses$211,887$150,551$57,478$419,916
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Global MobilityVan Nuys, CA501 (c) (3)General Operating Support$72,000
Bay Area Lyme FoundationPortola Valley, CA501 (c) (3)General Operating Support$60,000
Exceptional MindsSherman Oaks, CA501 (c) (3)General Operating Support$60,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$130,675
Fundraising Gross Income$85,775
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Live Auction$75,250$48,000-$48,000
Gala$268,000$35,050$16,414$18,636
Total Events$353,498$85,775$130,675$-44,900
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 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 B, Line 11B

“The return was prepared by an outside cpa and provided for review to the board treasurer and executive director before filing.”

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

“The organization uses its outside counsel to advise on transactions involving board members or companies with which they are involved. In addition, two independent directors review any potential conflicts.”

Form 990, Part VI, Section C, Line 19

“Documents provided upon request.”

Filing and Contact Details

Filer

Filer Name
Open Hearts Foundation
EIN
27-1215063
Phone
3108415821
Address
23838 PACIFIC COAST HIGHWAY 2782, MALIBU, CA 90265

Signing Officer

Name
Jim Palmer
Title
Secretary
Phone
3108415821
Signed
2018-11-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James Keach
Formed
2010
Legal Domicile
CA
Voting Board Members
6
Independent Board Members
6
Employees
2
Volunteers
10

Preparer

Firm
Armanino Llp
Address
11766 WILSHIRE BLVD 9TH FLOOR, LOS ANGELES, CA 90025
Preparer
Renee Ordeneaux
Phone
3104784148
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2

“Open hearts foundation continues to seek funding sources with lower costs in order to increase the amount of funds available for grant-making purposes. The foundation changed the configuration of their gala to a higher profit margin model and realized significantly higher return. In addition, the foundation began exploring additional corporate and family foundation funding sources.”

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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/Desc0THE FOUNDATION MADE A TOTAL OF $192,000 IN GRANTS IN 2017, ONE GRANT OF $72,000 AND TWO GRANTS OF $60,000. THE GRANTS WERE MADE TO THE FOLLOWING RECIPIENTS, IN HONOR OF THE FOLLOWING HONOREES, TO IMPLEMENT THEIR MISSION: GRANT TO BAY AREA LYME FOUNDATION (BALF), HONORING LAURE WOODS, WHO WAS DIAGNOSED WITH LATE-STAGE LYME DISEASE AND IS A FOUNDER OF THE BALF. LAUNCHED IN 2011, BALF IS FOCUSED ON FUNDING AND FOSTERING NEW AND INNOVATIVE RESEARCH TO ACCELERATE THE DEVLEOPMENT OF NEW DIAGNOSTICS AND TREATMENTS FOR LYME DISEASE. GRANT TO EXCEPTIONAL MINDS. HONORING FOUNDERS YUDI BENNETT, SUSAN ZWERMAN AND ERNIE MERLAN. YUDI'S SON IS A YOUNG ADULT WITH AUTISM. EXCEPTIONAL MINDS, ESTABLISHED IN 2011, IS THE FIRST AMERICAN COMPUTER ANIMATION STUDIO AND NON-PROFIT DIGITAL ARTS SCHOOL FOR YOUNG ADULTS ON THE AUTISM SPECTRUM.GRANT TO GLOBAL MOBILITY USA, HONORING FOUNDERS DAVID RICHARD AND DREW PLOTKIN. GLOBAL MOBILITY PROVIDES WHEELCHAIR AND MOBILITY SOLUTIONS, EDUCATION AND ADVOCACY TO CHILDREN, TEENS AND ADULTS WITH DISABILITIES AROUND THE WORLD SO THEY ARE EQUIPPED AND EMPOWERED TO LIVE FULFILLING, PURPOSEFUL LIVES. ALSO, THE FOUNDATION MADE IN-KIND DONATIONS THROUGH THE SOPHISTICATED USE OF A LIVE AUCTION STRATEGY THAT CONVERTED TO SIGNIFICANT FINANCIAL RETURNS FOR THE RECIPIENT NONPROFITS. THE FOUNDATION SUPPORTED FOUR NONPROFITS THROUGH GRANTS OF BENEFACTOR CIRCLE TICKETS TO THE OPEN HEARTS GALA. THE NONPROFITS WERE ABLE TO RAISE $57,500 THROUGH THEIR LIVE ACUTION ACTIVITIES WITH SUPPORT FROM THE FOUNDATION. THE FOUNDATION INCURRED $2,500 IN DIRECT COSTS FOR THESE GIFTS. THE NONPROFITS AND THEIR REALIZED AUCTION PROFITS ARE AS FOLLOWS:1) AMERICAN HEART ASSOCIATION STANISLAUS/SAN JOAQUIN DIVISION: $20,0002) BAY AREA LYME FOUNDAITON: $24,0003) NATIONAL DOMESTIC VIOLENCE HOTLINE: $8,5004) GLOBAL MOBILITY USA: $5,000
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IRS990/MissionDesc0THE OPEN HEARTS FOUNDATION IS A SOCIAL IMPACT ACCELERATOR THAT IS COMMITTED TO EMPOWERING EMERGING AND GROWING NONPROFIT ORGANIZATIONS, WHOSE ORGINS AND MISSION ARE CONSISTENT WITH THE PRECEPTS OF THE OPEN HEARTS PHILOSOPHY. THE FOUNDATION, BY PROVIDING EXPERTISE, RESOURCES AND TOOLS, ENABLES THESE NONPRFITS TO NOT ONLY RAISE THEIR PROFILE BUT ALSO FURTHER THEIR MISSION AND OBJECTIVES.
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IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0SPECIAL EVENTS NET - 2014 AMOUNT: $ -199,156. 2015 AMOUNT: $ -88,645. 2017 AMOUNT: $ -44,900. OTHER INCOME - 2017 AMOUNT: $ 6,841.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0449797
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0204638
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0313636
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0507180
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0582905
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02058156
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt033
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt031
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt064
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0-38059
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0-88645
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0-199156
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0-325860
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.78860
IRS990ScheduleA/PublicSupportPY170Pct00.79700
IRS990ScheduleA/PublicSupportTotal170Amt01366064
IRS990ScheduleA/SubstantialContributorsTotAmt0692092
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0449797
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0204638
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0313636
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0507180
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0582905
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02058156
IRS990ScheduleA/TotalSupportAmt01732360
IRS990/ScheduleBRequiredInd01
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent1Amt012361
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesTotalEventsAmt012361
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0267723
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0232950
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt027250
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriOtherEventsAmt07523
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0130675
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GALA
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0LIVE AUCTION
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0268000
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt075250
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt010248
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0353498
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt035050
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt048000
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt02725
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt085775
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-44900
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt07318
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt023732
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt016414
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt094582
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt094582
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt060000
IRS990ScheduleI/RecipientTable/CashGrantAmt172000
IRS990ScheduleI/RecipientTable/CashGrantAmt260000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501 (C) (3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501 (C) (3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501 (C) (3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0GENERAL OPERATING SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1GENERAL OPERATING SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2GENERAL OPERATING SUPPORT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0EXCEPTIONAL MINDS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1GLOBAL MOBILITY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2BAY AREA LYME FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientEIN0800392843
IRS990ScheduleI/RecipientTable/RecipientEIN1460790383
IRS990ScheduleI/RecipientTable/RecipientEIN2453715012
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt013400 RIVERSIDE DR SUITE 211
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt17536 TYRONE AVENUE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt2884 PORTOLA ROAD SUITE A7
IRS990ScheduleI/RecipientTable/USAddress/CityNm0SHERMAN OAKS
IRS990ScheduleI/RecipientTable/USAddress/CityNm1VAN NUYS
IRS990ScheduleI/RecipientTable/USAddress/CityNm2PORTOLA VALLEY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0CA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1CA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2CA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd091423
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd191405
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd294028
IRS990ScheduleI/Total501c3OrgCnt03
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OPEN HEARTS FOUNDATION CONTINUES TO SEEK FUNDING SOURCES WITH LOWER COSTS IN ORDER TO INCREASE THE AMOUNT OF FUNDS AVAILABLE FOR GRANT-MAKING PURPOSES. THE FOUNDATION CHANGED THE CONFIGURATION OF THEIR GALA TO A HIGHER PROFIT MARGIN MODEL AND REALIZED SIGNIFICANTLY HIGHER RETURN. IN ADDITION, THE FOUNDATION BEGAN EXPLORING ADDITIONAL CORPORATE AND FAMILY FOUNDATION FUNDING SOURCES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE RETURN WAS PREPARED BY AN OUTSIDE CPA AND PROVIDED FOR REVIEW TO THE BOARD TREASURER AND EXECUTIVE DIRECTOR BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION USES ITS OUTSIDE COUNSEL TO ADVISE ON TRANSACTIONS INVOLVING BOARD MEMBERS OR COMPANIES WITH WHICH THEY ARE INVOLVED. IN ADDITION, TWO INDEPENDENT DIRECTORS REVIEW ANY POTENTIAL CONFLICTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS PROVIDED UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III, 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
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd01
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0189739
IRS990/TotalAssetsEOYAmt0180723
IRS990/TotalAssetsGrp/BOYAmt0189739
IRS990/TotalAssetsGrp/EOYAmt0180723
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0449797
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt057478
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0150551
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0211887
IRS990/TotalFunctionalExpensesGrp/TotalAmt0419916
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0871
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt0871
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0188868
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0180723
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt019887
IRS990/TotalProgramServiceExpensesAmt0211887
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0-38026
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0411771
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0189739
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0180723
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt04379
IRS990/TravelGrp/ManagementAndGeneralAmt08337
IRS990/TravelGrp/ProgramServicesAmt0553
IRS990/TravelGrp/TotalAmt013269
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0188868
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0180723
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt023838 PACIFIC COAST HIGHWAY 2782
IRS990/USAddress/CityNm0MALIBU
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd090265
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JIM PALMER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY
ReturnHeader/BusinessOfficerGrp/PhoneNum03108415821
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0OPEN HEARTS FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0OPEN
ReturnHeader/Filer/EIN0271215063
ReturnHeader/Filer/PhoneNum03108415821
ReturnHeader/Filer/USAddress/AddressLine1Txt023838 PACIFIC COAST HIGHWAY 2782
ReturnHeader/Filer/USAddress/CityNm0MALIBU
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$180,723
Liabilities
$0
Net assets
$180,723
Revenue
$411,771
Expenses
$419,916
Net income
-$8,145
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.70$0.38$6.33$3.48$2.65$0.83
2023Detailed filing. Detailed filing data is available for this year.$5.61$0.00$5.61$5.45$4.56$0.89
2022Detailed filing. Detailed filing data is available for this year.$4.72$0.00$4.72$4.25$3.84$0.41
2021Detailed filing. Detailed filing data is available for this year.$4.31$0.00$4.31$3.73$3.24$0.49
2020Detailed filing. Detailed filing data is available for this year.$3.81$0.00$3.81$5.30$5.43$0.13
2019Detailed filing. Detailed filing data is available for this year.$4.14$0.19$3.95$4.58$3.95$0.64
2018Detailed filing. Detailed filing data is available for this year.$3.65$0.20$3.45$5.34$3.70$1.64
2017Detailed filing. Detailed filing data is available for this year.$1.81$0.00$1.81$4.12$4.20$0.08
2016Detailed filing. Detailed filing data is available for this year.$1.90$0.01$1.89$2.05$1.04$1.00
2015Detailed filing. Detailed filing data is available for this year.$0.88$0.00$0.88$2.24$1.48$0.76
2014Detailed filing. Detailed filing data is available for this year.$0.27$0.15$0.13$3.08$3.67$0.59