Civic Intelligence

Heart Based Institute

990EZ • Fiscal year 2021 • EIN 31-1710630

Jan 01, 2021 to Dec 31, 2021 • Filed on May 13, 2022

231 Sages WayMarshall, NC 28753

(828) 712-8017

Siviq Scores

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

Liabilities / Assets

47th percentile

0.00x

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

2021 filings • NTEE F • <$500k nonprofits • Source year 2021

Liabilities / Revenue

48th percentile

0.00x

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

2021 filings • NTEE F • <$500k nonprofits • Source year 2021

Net Margin

70th percentile

26%

Higher net margin than 70% of similar nonprofits.

2021 filings • NTEE F • <$500k nonprofits • Source year 2021

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

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

2021 filings • NTEE F • <$500k nonprofits • Source year 2021

Asset Growth

46th percentile

6.1%

Faster asset growth than 46% of similar nonprofits.

2021 filings • NTEE F • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

49th percentile

7.3%

Faster revenue growth than 49% of similar nonprofits.

2021 filings • NTEE F • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$207,714

Up $11,910 (+6.1%) from 2020

Net Assets

Up

$207,714

Up $11,910 (+6.1%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue

Up

$48,614

Up $3,326 (+7.3%) from 2020

Expenses

Up

$35,854

Up $13,181 (+58%) from 2020

Net Income

Down

$12,760

Down $9,855 (-44%) from 2020

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2015: $181,570Liabilities 2015: $0Net Assets 2015: $181,5702015Assets 2016: $199,379Liabilities 2016: $0Net Assets 2016: $199,3792016Assets 2017: $212,301Liabilities 2017: $0Net Assets 2017: $212,3012017Assets 2018: $191,779Liabilities 2018: $0Net Assets 2018: $191,7792018Assets 2019: $173,135Liabilities 2019: $0Net Assets 2019: $173,1352019Assets 2020: $195,804Liabilities 2020: $0Net Assets 2020: $195,8042020Assets 2021: $207,714Liabilities 2021: $0Net Assets 2021: $207,7142021Assets 2022: $200,200Liabilities 2022: $0Net Assets 2022: $200,2002022Assets 2024: $185,009Liabilities 2024: $0Net Assets 2024: $185,0092024Assets 2025: $193,811Liabilities 2025: $0Net Assets 2025: $193,8112025

Highlighted filing

2021

Assets$207,714
Liabilities$0
Net Assets$207,714

Operations Trend

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

$100K$50K$0-$50KRevenue 2015: $41,249Expenses 2015: $27,293Net Income 2015: $13,9562015Revenue 2016: $57,878Expenses 2016: $38,396Net Income 2016: $19,4822016Revenue 2017: $93,622Expenses 2017: $76,543Net Income 2017: $17,0792017Revenue 2018: $44,568Expenses 2018: $64,873Net Income 2018: -$20,3052018Revenue 2019: $34,538Expenses 2019: $53,386Net Income 2019: -$18,8482019Revenue 2020: $45,288Expenses 2020: $22,673Net Income 2020: $22,6152020Revenue 2021: $48,614Expenses 2021: $35,854Net Income 2021: $12,7602021Revenue 2022: $28,979Expenses 2022: $26,889Net Income 2022: $2,0902022Revenue 2024: $19,961Expenses 2024: $41,407Net Income 2024: -$21,4462024Revenue 2025: $35,345Expenses 2025: $27,144Net Income 2025: $8,2012025

Highlighted filing

2021

Revenue$48,614
Expenses$35,854
Net Income$12,760
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 13, 2022
Return Version
2021v4.2
Gross Receipts
$48,614
Mission and Program Overview

Mission

Heart based therapeutics training

Program Services

DescriptionGrantsExpenses
PROVIDE EDUCATION AND PROGRAMS SUPPORTING INDIVIDUALS, ORGANIZATIONS, AND COMMUNITIES WORLDWIDE TO LEARN AND ENJOY THE BENEFITS OF HEART CENTERED LIVING.-$17,876
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOHN FAHERTYChairPT$0--
ED RUBENSTEINMember At LargePT$0--
JIM VAN HUYSSEVice PresidentPT$0--
KATHY DURANDTreasurerPT$0--
DERICK CARTERMember At LargePT$0--
CHRISTINA DUBACHMember At LargePT$0--
KURT VALLEMember At LargePT$0--
SEXTONMember At LargePT$0--
Filing and Contact Details

Filer

Filer Name
Heart Based Institute
EIN
31-1710630
Address
231 SAGES WAY, MARSHALL, NC 28753

Signing Officer

Name
John Faherty
Title
Chair
Phone
8287128017
Signed
2022-05-13
Discuss with paid preparer
Yes

Preparer

Firm
Lori Aveni CPA PLLC
Address
115 Salem Towne Ct, Apex, NC 27502
Preparer
Lori A Aveni
Phone
9193082470
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

Description amountbank fees 588curriculum development 700insurance 2,259marketing 15,926office supplies 60website 1,199licensing 75depreciation expense 3,637

Other changes in net assets or fund balances Part I line 20

Description amountunrealized loss (851)rounding 2

Description of other assets Part II line 24

Category beginning of year end of yearleasehold improvements 11,576 11,062prayer house 64,051 61,080server 283 132other 1,000 1,000

Raw XML Appendix186 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/TitleTxt2VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION AMOUNTBANK FEES 588CURRICULUM DEVELOPMENT 700INSURANCE 2,259MARKETING 15,926OFFICE SUPPLIES 60WEBSITE 1,199LICENSING 75DEPRECIATION EXPENSE 3,637
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION AMOUNTUNREALIZED LOSS (851)ROUNDING 2
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0115 Salem Towne Ct
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ReturnHeader/ReturnTypeCd0990EZ
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ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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Filings