Civic Intelligence

Universal Heart Inc.

990EZ • Fiscal year 2020 • EIN 73-1631162

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 11, 2021

PO Box 6186South Bend, IN 46660

(574) 232-1650

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2020

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2020

Net Margin

64th percentile

15%

Higher net margin than 64% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

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.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

97th percentile

618%

Faster asset growth than 97% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

22nd percentile

-50%

Faster revenue growth than 22% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$9,353

Up $8,051 (+618%) from 2019

Net Assets

Up

$9,353

Up $8,051 (+618%) from 2019

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$54,156

Down $54,826 (-50%) from 2019

Expenses

Down

$46,105

Down $144,017 (-76%) from 2019

Net Income

Up

$8,051

Up $89,191 (+110%) from 2019

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2010: $86,180Liabilities 2010: $3,030Net Assets 2010: $83,1502010Assets 2011: $121,392Liabilities 2011: $8,1672011Assets 2012: $141,063Liabilities 2012: $0Net Assets 2012: $141,0632012Assets 2013: $81,656Liabilities 2013: $19,482Net Assets 2013: $62,1742013Assets 2014: $67,634Liabilities 2014: $0Net Assets 2014: $67,6342014Assets 2015: $116,162Liabilities 2015: $2,612Net Assets 2015: $113,5502015Assets 2016: $180,443Liabilities 2016: $15,658Net Assets 2016: $164,7852016Assets 2017: $119,486Liabilities 2017: $16,492Net Assets 2017: $102,9942017Assets 2018: $121,400Liabilities 2018: $10,068Net Assets 2018: $111,3322018Assets 2019: $1,302Net Assets 2019: $1,3022019Assets 2020: $9,353Net Assets 2020: $9,3532020

Highlighted filing

2020

Assets$9,353
Liabilities-
Net Assets$9,353

Operations Trend

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

$80M$60M$40M$20M$0-$20MRevenue 2010: $179,669Expenses 2010: $166,479Net Income 2010: $13,1902010Revenue 2011: $137,270Expenses 2011: $107,195Net Income 2011: $30,0752011Revenue 2012: $73,652,950Expenses 2012: $73,633,279Net Income 2012: $19,6712012Revenue 2013: $539,754Expenses 2013: $482,380Net Income 2013: $57,3742013Revenue 2014: $365,985Expenses 2014: $359,179Net Income 2014: $6,8062014Revenue 2015: $377,385Expenses 2015: $331,469Net Income 2015: $45,9162015Revenue 2016: $420,868Expenses 2016: $376,972Net Income 2016: $43,8962016Revenue 2017: $343,481Expenses 2017: $405,272Net Income 2017: -$61,7912017Revenue 2018: $397,593Expenses 2018: $386,515Net Income 2018: $11,0782018Revenue 2019: $108,982Expenses 2019: $190,122Net Income 2019: -$81,1402019Revenue 2020: $54,156Expenses 2020: $46,105Net Income 2020: $8,0512020

Highlighted filing

2020

Revenue$54,156
Expenses$46,105
Net Income$8,051
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 11, 2021
Return Version
2020v4.0
Gross Receipts
$54,156
Mission and Program Overview

Mission

The organization was established in 2001 to promote and encourage an increased number of relief shipments from the u.s. To developing countries by reducing the cost and complexity of international shipping. The organization expanded its mission in 2007 to include a procurement of medicines, medical supplies, nutritional products and other relief goods for distribution to developing countries as well as working with other non-profit organizations infacilitating their projects by providing logistical expertise and assisstance

The organization was established in 2001 to promote and encourage an increased number of relief shipments from the u.s. To developing countries by reducing the cost and complexity of international shipping and providing logistical expertise and assistance to charitable groups.

Program Services

DescriptionGrantsExpenses
PROCUREMENT OF MEDICINES, MEDICAL SUPPLIES, NUITRITIONAL PRODUCTS ANDOTHER RELIEF GOODS FOR DISTRIBUTION TO DEVELOPING COUNTRIES AS WELL ASWORKING WITH OTHER NON-PROFIT ORGANIZATIONS IN FACILITATING THEIR PROJECTSBY PROVIDING LOGISTICAL EXPERTISE AND ASSISTANCE.$38,060-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JESSICA SETTLEPresident-$0--
DR TIM LONGVice President-$0--
JANICE MEYERTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Universal Heart Inc
EIN
73-1631162
Phone
5742321650
Address
PO BOX 6186, SOUTH BEND, IN 46660

Signing Officer

Name
Jessica Settle
Title
President
Signed
2021-11-11
Discuss with paid preparer
Yes

Preparer

Firm
Michael Bailey CPA Pc
Address
5563 S LEWIS AVE STE 444, TULSA, OK 74105
Preparer
Mike Bailey
Phone
9187438871
Supplemental Narrative

Additional Explanations

Other Expenses.1002

Office Expenses $702

Other Expenses.1005

Travel $889

Other Expenses.1

SHIPPING $20903

Other Expenses.2

PROGRAM SERVICE $5000

Other Expenses.3

CONTRACT LABOR $4650

Other Expenses.4

TELEPHONE $2073

Other Expenses.5

INTERNET $2041

Other Expenses.6

SUBSCRIPTION $1275

Other Expenses.7

COURIER POSTAGE $460

Other Expenses.8

FILING FEES $42

Other Expenses.9

BANK FEES $25

Form 990 Part 1 Line 1

The organization was established in 2001 to promote and encourage an increased number of relief shipments from the u.s. To developing countries by reducing the cost and complexity of international shipping.

Raw XML Appendix166 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/ExplanationTxt0Office Expenses $702
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Travel $889
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9FILING FEES $42
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10BANK FEES $25
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11THE ORGANIZATION WAS ESTABLISHED IN 2001 TO PROMOTE AND ENCOURAGE AN INCREASED NUMBER OF RELIEF SHIPMENTS FROM THE U.S. TO DEVELOPING COUNTRIES BY REDUCING THE COST AND COMPLEXITY OF INTERNATIONAL SHIPPING.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11FORM 990 PART 1 LINE 1
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0UNIVERSAL HEART INC
ReturnHeader/Filer/BusinessNameControlTxt0UNIV
ReturnHeader/Filer/EIN0731631162
ReturnHeader/Filer/PhoneNum05742321650
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 6186
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ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd046660
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ReturnHeader/PreparerPersonGrp/PhoneNum09187438871
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MIKE BAILEY
ReturnHeader/ReturnTs02021-11-11T06:23:45-08:00
ReturnHeader/ReturnTypeCd0990EZ
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ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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