Civic Intelligence

Project Heart

990EZ • Fiscal year 2023 • EIN 47-4824100

Jan 01, 2023 to Dec 31, 2023 • Filed on Apr 30, 2024

761 Old Hickory Blvd Ste 301Brentwood, TN 37027

(615) 866-0167

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

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

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

Liabilities / Revenue

59th percentile

0.00x

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

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

Net Margin

91st percentile

52%

Higher net margin than 91% 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

66th percentile

12%

Faster asset growth than 66% of similar nonprofits.

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

Revenue Growth

13th percentile

-45%

Faster revenue growth than 13% of similar nonprofits.

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

Assets

Up

$121,172

Up $12,644 (+12%) from 2022

Net Assets

Up

$121,172

Up $12,644 (+12%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Down

$24,510

Down $19,665 (-45%) from 2022

Expenses

Down

$11,866

Down $8,185 (-41%) from 2022

Net Income

Down

$12,644

Down $11,480 (-48%) from 2022

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2017: $67,558Net Assets 2017: $67,5582017Assets 2018: $127,972Liabilities 2018: $0Net Assets 2018: $127,9722018Assets 2019: $112,481Liabilities 2019: $0Net Assets 2019: $112,4812019Assets 2020: $88,656Liabilities 2020: $0Net Assets 2020: $88,6562020Assets 2021: $84,404Liabilities 2021: $0Net Assets 2021: $84,4042021Assets 2022: $108,528Liabilities 2022: $0Net Assets 2022: $108,5282022Assets 2023: $121,172Liabilities 2023: $0Net Assets 2023: $121,1722023Assets 2024: $23,994Liabilities 2024: $0Net Assets 2024: $23,9942024

Highlighted filing

2023

Assets$121,172
Liabilities$0
Net Assets$121,172

Operations Trend

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

$200K$100K$0-$100KRevenue 2017: $103,360Expenses 2017: $45,886Net Income 2017: $57,4742017Revenue 2018: $196,107Expenses 2018: $135,693Net Income 2018: $60,4142018Revenue 2019: $155,603Expenses 2019: $171,594Net Income 2019: -$15,9912019Revenue 2020: $69,282Expenses 2020: $93,107Net Income 2020: -$23,8252020Revenue 2021: $47,928Expenses 2021: $52,180Net Income 2021: -$4,2522021Revenue 2022: $44,175Expenses 2022: $20,051Net Income 2022: $24,1242022Revenue 2023: $24,510Expenses 2023: $11,866Net Income 2023: $12,6442023Revenue 2024: $23,777Expenses 2024: $120,955Net Income 2024: -$97,1782024

Highlighted filing

2023

Revenue$24,510
Expenses$11,866
Net Income$12,644
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Apr 30, 2024
Return Version
2023v5.0
Gross Receipts
$24,510
Mission and Program Overview

Mission

SEE SCHEDULE O

Program Services

DescriptionGrantsExpenses
CONGENITAL HEART DISEASE (CHD) IS WHEN THE HEART DOES NOT DEVELOP PROPERLY BEFORE BIRTH. IT IS THE NUMBER ONE BIRTH DEFECT AND MOST COMMON CAUSE OF INFANT MORTALITY. CONT. BELOW.-$300
PROGRAM SERVICES ARE DIRECTED TOWARD RESEARCH RELATED TO CHD, AS WELL AS EFFORTS TO EDUCATE AND CREATE AWARENESS IN THE COMMUNITY.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DAVID T THAYERPresident Co-FounderPT$0--
ERICA THAYERVice President Co-FounderPT$0--
MEAGAN HOOPERDirector-$0--
BRIANA SHANKDirector-$0--
CONNOR SHANKDirector-$0--
THOMAS DOYLEDirector-$0--
Filing and Contact Details

Filer

Filer Name
Project Heart
EIN
47-4824100
Address
761 OLD HICKORY BLVD STE 301, BRENTWOOD, TN 37027

Signing Officer

Name
David T Thayer
Title
President
Phone
6152585562
Signed
2024-04-30
Discuss with paid preparer
Yes

Preparer

Firm
H A Beasley and Company PLLC
Address
111 MTCS Road, Murfreesboro, TN 37129
Preparer
Bryan Blair
Phone
6158955675
Supplemental Narrative

Additional Explanations

General explanation attachment

Mission - project heart exists to fund chd research to improve surgical outcomes for children with heart defects. We want to see treatments refined to result in quicker recovery times, shorter hospital stays and more children living long into adulthood. Much research is still needed to help thousands of children across the nation living with chd. When you donate to chd research, you change lives.

Description of other expenses Part I line 16

Description amountbank & processing fees 412insurance 1,967legal and tax expenses 811fundraising expenses 1,627education and awareness 300

Raw XML Appendix156 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MISSION - PROJECT HEART EXISTS TO FUND CHD RESEARCH TO IMPROVE SURGICAL OUTCOMES FOR CHILDREN WITH HEART DEFECTS. WE WANT TO SEE TREATMENTS REFINED TO RESULT IN QUICKER RECOVERY TIMES, SHORTER HOSPITAL STAYS AND MORE CHILDREN LIVING LONG INTO ADULTHOOD. MUCH RESEARCH IS STILL NEEDED TO HELP THOUSANDS OF CHILDREN ACROSS THE NATION LIVING WITH CHD. WHEN YOU DONATE TO CHD RESEARCH, YOU CHANGE LIVES.
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Filings