Civic Intelligence

New Heart Inc.

990 • Fiscal year 2014 • EIN 85-0253067

Jan 01, 2014 to Dec 31, 2014 • Filed on Aug 03, 2015

601 Lomas Blvd NEAlbuquerque, NM 87102

(505) 881-8195

Siviq Scores

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

Liabilities / Assets

14th percentile

0.00x

Higher debt load relative to assets than 14% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

14th percentile

0.00x

Higher debt load relative to revenue than 14% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

13th percentile

-21%

Higher net margin than 13% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

47th percentile

$57,000

Higher top officer pay than 47% of similar nonprofits.

Top officer pay equals 9.0% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

21st percentile

-4.6%

Faster asset growth than 21% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

23rd percentile

-8.7%

Faster revenue growth than 23% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Down

$2,691,792

Down $130,877 (-4.6%) from 2013

Net Assets

Down

$2,691,421

Down $130,785 (-4.6%) from 2013

Liabilities

Down

$371

Down $92 (-20%) from 2013

Revenue

Down

$636,050

Down $60,245 (-8.7%) from 2013

Expenses

Down

$766,835

Down $78,686 (-9.3%) from 2013

Net Income

Up

-$130,785

Up $18,441 (+12%) from 2013

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $3,013,622Liabilities 2011: $326Net Assets 2011: $3,013,2962011Assets 2012: $2,971,725Liabilities 2012: $293Net Assets 2012: $2,971,4322012Assets 2013: $2,822,669Liabilities 2013: $463Net Assets 2013: $2,822,2062013Assets 2014: $2,691,792Liabilities 2014: $371Net Assets 2014: $2,691,4212014Assets 2015: $2,533,320Liabilities 2015: $1,338Net Assets 2015: $2,531,9822015Assets 2016: $2,497,254Liabilities 2016: $364Net Assets 2016: $2,496,8902016Assets 2017: $2,431,503Liabilities 2017: $0Net Assets 2017: $2,431,5032017Assets 2018: $2,751,614Liabilities 2018: $25,267Net Assets 2018: $2,726,3472018Assets 2019: $2,935,329Liabilities 2019: $11,352Net Assets 2019: $2,923,9772019Assets 2020: $3,126,605Liabilities 2020: $105,406Net Assets 2020: $3,021,1992020Assets 2021: $3,177,749Liabilities 2021: $111,769Net Assets 2021: $3,065,9802021Assets 2022: $2,972,415Liabilities 2022: $72,107Net Assets 2022: $2,900,3082022Assets 2023: $2,717,485Liabilities 2023: $226,210Net Assets 2023: $2,491,2752023

Highlighted filing

2014

Assets$2,691,792
Liabilities$371
Net Assets$2,691,421

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $640,127Expenses 2011: $851,923Net Income 2011: -$211,7962011Revenue 2012: $822,914Expenses 2012: $864,778Net Income 2012: -$41,8642012Revenue 2013: $696,295Expenses 2013: $845,521Net Income 2013: -$149,2262013Revenue 2014: $636,050Expenses 2014: $766,835Net Income 2014: -$130,7852014Revenue 2015: $612,209Expenses 2015: $771,648Net Income 2015: -$159,4392015Revenue 2016: $681,331Expenses 2016: $716,316Net Income 2016: -$34,9852016Revenue 2017: $789,638Expenses 2017: $856,795Net Income 2017: -$67,1572017Revenue 2018: $1,180,502Expenses 2018: $878,691Net Income 2018: $301,8112018Revenue 2019: $1,132,175Expenses 2019: $968,299Net Income 2019: $163,8762019Revenue 2020: $1,015,995Expenses 2020: $934,013Net Income 2020: $81,9822020Revenue 2021: $999,578Expenses 2021: $947,881Net Income 2021: $51,6972021Revenue 2022: $1,109,299Expenses 2022: $1,224,840Net Income 2022: -$115,5412022Revenue 2023: $767,790Expenses 2023: $1,180,020Net Income 2023: -$412,2302023

Highlighted filing

2014

Revenue$636,050
Expenses$766,835
Net Income-$130,785
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Aug 3, 2015
Return Version
2014v5.0
Gross Receipts
$636,050
Mission and Program Overview

Mission

Heart health education and rehabilitation.

Heart health education and rehabilitation

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$2,822,206$2,691,421▼ $130,785
Land, Buildings, and Equipment, Net$2,517,172$2,429,812▼ $87,360
Savings and Temporary Cash Investments$236,952$192,150▼ $44,802
Cash and Non-Interest-Bearing Accounts$67,948$69,232▲ $1,284
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$2,822,669$2,691,792▼ $130,877
Other Assets Total$597$598▲ $1
Liabilities
Accounts Payable and Accrued Expenses$463$371▼ $92
Total Liabilities$463$371▼ $92
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,822,206$2,691,421▼ $130,785
Total Liabilities and Net Assets / Fund Balance$2,822,669$2,691,792▼ $130,877

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,450,535$452,189$1,902,724
Land$840,629-$840,629
Equipment$108,639$426,255$534,894
Other Land Buildings$30,009$57,639$87,648
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Richard Lueker MDPresidentFT$57,000$57,000
Beth McCormickDirectorPT$7,490$7,490

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$35,250
Program Service Revenue
$587,401
Investment Income
$13,399
Other Revenue
$0
All Other Contributions
$35,250
Change in Net Assets
$-130,785
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$467,284
Other Expenses$299,551
Total Fundraising Expense$6,166
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$245,749$119,956-$365,705
Depreciation Depletion$81,659$13,293-$94,952
Occupancy$65,546$10,670-$76,216
Current Officers, Directors, Trustees, and Key Employees$49,020$15,470-$64,490
Insurance$28,764$4,683-$33,447
Payroll Taxes$28,628$4,660-$33,288
Fees for Services Other-$14,714-$14,714
Fees for Services Accounting-$11,128-$11,128
All Other Expenses$7,127$1,309-$8,436
Information Technology$6,613$1,076-$7,689
Advertising-$1,282$6,166$7,448
Office Expenses-$6,896-$6,896
Pension Plan Contributions$3,269$532-$3,801
Other Expenses$1,391$227-$1,618
Fees for Services Legal-$1,618-$1,618
Total Functional Expenses$541,805$218,864$6,166$766,835
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

Richard Lueker and Meg Lueker are married.

Form 990, Part VI, Line 11B: Form 990 Review Process

Before filing, Form 990 is reviewed in detail at a board meeting.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Upon request

Filing and Contact Details

Filer

Filer Name
New Heart Inc
EIN
85-0253067
Phone
5058818195
Address
601 LOMAS BLVD NE, ALBUQUERQUE, NM 87102

Signing Officer

Name
Richard Lueker MD
Title
President
Signed
2015-08-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard Lueker MD
Formed
1977
Legal Domicile
Nm
Voting Board Members
16
Independent Board Members
14
Employees
31
Volunteers
1

Preparer

Firm
Balkcom Pearsall & Parrish CPAs PA
Address
1201 Eubank NE Suite 4, Albuquerque, NM 87112
Preparer
Lawrence a Pearsall
Phone
5052930173
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IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt014
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt01076
IRS990/InformationTechnologyGrp/ProgramServicesAmt06613
IRS990/InformationTechnologyGrp/TotalAmt07689
IRS990/InsuranceGrp/ManagementAndGeneralAmt04683
IRS990/InsuranceGrp/ProgramServicesAmt028764
IRS990/InsuranceGrp/TotalAmt033447
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt013399
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt013399
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt09
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0936083
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02517172
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02429812
IRS990/LandBldgEquipCostOrOtherBssAmt03365895
IRS990/LegalDomicileStateCd0NM
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0HEART HEALTH EDUCATION AND REHABILITATION
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt02822206
IRS990/NetAssetsOrFundBalancesEOYAmt02691421
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt010670
IRS990/OccupancyGrp/ProgramServicesAmt065546
IRS990/OccupancyGrp/TotalAmt076216
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt06896
IRS990/OfficeExpensesGrp/TotalAmt06896
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt0597
IRS990/OtherAssetsTotalGrp/EOYAmt0598
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Medical Supplies
IRS990/OtherExpensesGrp/Desc1Telephone
IRS990/OtherExpensesGrp/Desc2Postage and Shipping
IRS990/OtherExpensesGrp/Desc3MEALS & ENTERTAINMENT
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt011076
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1274
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2227
IRS990/OtherExpensesGrp/ProgramServicesAmt022354
IRS990/OtherExpensesGrp/ProgramServicesAmt11685
IRS990/OtherExpensesGrp/ProgramServicesAmt21391
IRS990/OtherExpensesGrp/TotalAmt022354
IRS990/OtherExpensesGrp/TotalAmt111076
IRS990/OtherExpensesGrp/TotalAmt21959
IRS990/OtherExpensesGrp/TotalAmt31618
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0119956
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0245749
IRS990/OtherSalariesAndWagesGrp/TotalAmt0365705
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04660
IRS990/PayrollTaxesGrp/ProgramServicesAmt028628
IRS990/PayrollTaxesGrp/TotalAmt033288
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0532
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt03269
IRS990/PensionPlanContributionsGrp/TotalAmt03801
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Richard Lueker MD
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0Program Revenue
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0587401
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0587401
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt012135
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0-2414
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0303167
IRS990/PYProgramServiceRevenueAmt0686574
IRS990/PYRevenuesLessExpensesAmt0-149226
IRS990/PYSalariesCompEmpBnftPaidAmt0542354
IRS990/PYTotalExpensesAmt0845521
IRS990/PYTotalRevenueAmt0696295
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-130785
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0587401
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt02822206
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt02691421
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0236952
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0192150
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt04300
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt01650
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt01250
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt01550
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt02600
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt011350
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt035250
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt012135
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt08450
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt018403
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt035712
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0109950
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt013399
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0-2414
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt024730
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt022694
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt015189
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt073598
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0587401
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0686571
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0789734
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0599030
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0778676
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt03441412
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.72$0.23$2.49$0.77$1.18$0.41
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.97$0.07$2.90$1.11$1.22$0.12
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.18$0.11$3.07$1.00$0.95$0.05
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.13$0.11$3.02$1.02$0.93$0.08
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.94$0.01$2.92$1.13$0.97$0.16
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.75$0.03$2.73$1.18$0.88$0.30
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.43$0.00$2.43$0.79$0.86$0.07
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.50$0.00$2.50$0.68$0.72$0.03
2015Summary only. Only limited summary data is available for this year.$2.53$0.00$2.53$0.61$0.77$0.16
2014Detailed filing. Detailed filing data is available for this year.$2.69$0.00$2.69$0.64$0.77$0.13
2013Summary only. Only limited summary data is available for this year.$2.82$0.00$2.82$0.70$0.85$0.15
2012Summary only. Only limited summary data is available for this year.$2.97$0.00$2.97$0.82$0.86$0.04
2011Summary only. Only limited summary data is available for this year.$3.01$0.00$3.01$0.64$0.85$0.21