Civic Intelligence

New Heart Inc.

990 • Fiscal year 2019 • EIN 85-0253067

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 09, 2020

Organization ProfileWWW.NEWHEARTNM.COM

View Organization Page

601 Lomas Blvd NEAlbuquerque, NM 87102-2528

(505) 881-8195

Siviq Scores

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

Liabilities / Assets

23rd percentile

0.00x

Higher debt load relative to assets than 23% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

23rd percentile

0.01x

Higher debt load relative to revenue than 23% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

72nd percentile

14%

Higher net margin than 72% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

83rd percentile

$150,437

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 13.3% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

60th percentile

6.7%

Faster asset growth than 60% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

30th percentile

-4.1%

Faster revenue growth than 30% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets23rd percentile

Assets

Up

$2,935,329

Up $183,715 (+6.7%) from 2018

Net Assets

Up

$2,923,977

Up $197,630 (+7.2%) from 2018

Liabilities

Down

$11,352

Down $13,915 (-55%) from 2018

Revenue And Expenses
Liabilities / Revenue23rd percentileNet Margin72nd percentile

Revenue

Down

$1,132,175

Down $48,327 (-4.1%) from 2018

Expenses

Up

$968,299

Up $89,608 (+10%) from 2018

Net Income

Down

$163,876

Down $137,935 (-46%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth60th percentile

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

2019

Assets$2,935,329
Liabilities$11,352
Net Assets$2,923,977
Open 2019 Filing

Operations Trend

Revenue Growth30th percentile

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

2019

Revenue$1,132,175
Expenses$968,299
Net Income$163,876
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 9, 2020
Return Version
2019v5.0
Gross Receipts
$1,132,175
Mission and Program Overview

Mission

Heart health education and rehabilitation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$2,726,347$2,923,977▲ $197,630
Land, Buildings, and Equipment, Net$2,188,920$2,533,451▲ $344,531
Investments Other Securities$292,819$391,059▲ $98,240
Savings and Temporary Cash Investments-$10,003-
Cash and Non-Interest-Bearing Accounts$269,277$218▼ $269,059
Total Assets$2,751,614$2,935,329▲ $183,715
Other Assets Total$598$598→ $0
Liabilities
Accounts Payable and Accrued Expenses$25,267--
Other Liabilities-$11,352-
Total Liabilities$25,267$11,352▼ $13,915
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,726,347$2,923,977▲ $197,630
Total Liabilities and Net Assets / Fund Balance$2,751,614$2,935,329▲ $183,715

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,473,921$692,029$2,165,950
Land$854,001-$854,001
Equipment$29,917$483,035$512,952
Other Land Buildings$175,612$102,025$277,637
Other Securities$391,059--
Compensation and Service Providers
Top Officer Pay83rd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Barry Ramo MdPresidentPT$150,437$150,437

Board Members and Trustees

NameTitle
Brendan Cavanaugh MdDirector
Douglas SmithDirector
Karen Sopko MdDirector
Mark Bieniarz MdDirector
Mel Peralta MdDirector
Sean Mazer MdDirector
Trena ChagnonDirector
Yaw a Adjei-pokuDirector
Martha C MowryExecutive Di
Irv Diamond CPATreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$296,768
Program Service Revenue
$820,918
Investment Income
$14,489
Other Revenue
$0
All Other Contributions
$296,768
Change in Net Assets
$163,876

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,132,175
Revenue Not Reported on Form 990
$-58,921
Total Revenue per Audited Statements
$1,073,254
Total Revenue per Form 990
$1,132,175
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$591,267
Salaries, Compensation, and Employee Benefits$377,032
Total Fundraising Expense$398
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$250,992$97,608-$348,600
Fees for Services Other$165,096$50,570-$215,666
Occupancy$59,217$9,640-$68,857
Depreciation Depletion$57,199$9,312-$66,511
Office Expenses-$39,747-$39,747
Information Technology$26,084$4,246-$30,330
Payroll Taxes$20,187$8,245-$28,432
Insurance$19,401$3,158-$22,559
Fees for Services Accounting-$20,552-$20,552
All Other Expenses$15,920$1,899-$17,819
Other Expenses$4,484$4,484-$8,968
Fees for Services Legal-$4,385-$4,385
Advertising-$2,666$398$3,064
Total Functional Expenses$700,166$267,735$398$968,299

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$968,299
Total Expenses per Form 990$968,299
Total Expenses per Audited Statements$938,491
Expenses Not Reported on Form 990$-29,808
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Cash Overdraft$11,352
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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, Page 6, Part VI, Line 11B

“The form 990 will be reviewed by the executive director and the controller before filing.”

Form 990, Page 6, Part VI, Line 19

“Photocopies of new heart's 990 tax form and governing documents are 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 87102-2528

Signing Officer

Name
Omar Negrete
Title
Cardiacrehabdirector
Phone
5058818195
Signed
2020-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Barry Ramo Md
Formed
1977
Legal Domicile
Nm
Voting Board Members
7
Independent Board Members
7
Employees
28

Preparer

Firm
Loftis & Lovato Group
Address
5501 EAGLE ROCK AVE NE SUITE C-5, ALBUQUERQUE, NM 87113
Preparer
Frank T Lovato
Phone
5052935009
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Management services 130,036 50,570 0 contract services 35,060 0 0 total 165,096 50,570 0”

Form 990, Part XI, Line 9

“Cash to accrual basis 62,867 cash to accrual adjustments -62,867”

Financial Statement Notes

Schedule D, Page 3, Part X

“New heart, inc. (new heart) is a non-profit corporation and qualifies as a tax exempt organization under section 501(c)(3) of the internal revenue service code and is classified as other than a private foundation. As such, normal activities not directly related to new heart's tax-exempt purpose is subject to taxation as unrelated business income. There was no taxable unrelated business income for the year ended december 31, 2019. New heart files information tax returns as prescribed by the tax laws or the jurisdictions in which it operates. New heart income tax filings are subject to audit by various tax authorities. As of december 31, 2019, new heart's open audit periods are for 2016 and thereafter. New heart believes that it has appropriate support for any tax positions taken as such, and does not have any uncertain positions that are material to the financial statements.”

Schedule D, Page 4, Part XI, Line 2D

“Cash to accrual adjustments, net -92,675”

Schedule D, Page 4, Part XII, Line 2D

“Cash to accrual adjustments, net -29,808”

Raw XML AppendixShowing 400 of 514 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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IRS990/OtherLiabilitiesGrp/EOYAmt011352
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt097608
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0250992
IRS990/OtherSalariesAndWagesGrp/TotalAmt0348600
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt08245
IRS990/PayrollTaxesGrp/ProgramServicesAmt020187
IRS990/PayrollTaxesGrp/TotalAmt028432
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0BARRY RAMO MD
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM SERVICE REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0820918
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0820918
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0373345
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt08242
IRS990/PYOtherExpensesAmt0523057
IRS990/PYProgramServiceRevenueAmt0798915
IRS990/PYRevenuesLessExpensesAmt0301811
IRS990/PYSalariesCompEmpBnftPaidAmt0355634
IRS990/PYTotalExpensesAmt0878691
IRS990/PYTotalRevenueAmt01180502
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0163876
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0802918
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt02726347
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt02923977
IRS990/SavingsAndTempCashInvstGrp/EOYAmt010003
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0296768
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0373345
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt033656
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt02280
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt04800
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0710849
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt014489
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt08242
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt04017
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt05245
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt03075
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt035068
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0820918
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0798915
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0751965
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0673806
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0604334
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt03649938
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt014489
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt08242
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt04017
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt05245
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt03075
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt035068
IRS990ScheduleA/InvestmentIncomeCYPct00.01000
IRS990ScheduleA/InvestmentIncomePYPct00.01000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99200
IRS990ScheduleA/PublicSupportPY509Pct00.99010
IRS990ScheduleA/PublicSupportTotal509Amt04360787
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01117686
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01172260
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0785621
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0676086
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0609134
IRS990ScheduleA/Total509Grp/TotalAmt04360787
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01132175
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01180502
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0789638
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0681331
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0612209
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt04395855
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt01473921
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0692029
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02165950
IRS990ScheduleD/EquipmentGrp/BookValueAmt029917
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0483035
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0512952
IRS990ScheduleD/ExpensesNotReportedAmt0-29808
IRS990ScheduleD/ExpensesSubtotalAmt0968299
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0854001
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0854001
IRS990ScheduleD/NetUnrealizedGainsInvstAmt033754
IRS990ScheduleD/OtherExpensesIncludedAmt0-29808
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0175612
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0102025
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0277637
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt011352
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CASH OVERDRAFT
IRS990ScheduleD/OtherRevenueAmt0-92675
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0391059
IRS990ScheduleD/OtherSecuritiesGrp/Desc0VANGUARD MUTUAL FUND
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/RevenueNotReportedAmt0-58921
IRS990ScheduleD/RevenueSubtotalAmt01132175
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0NEW HEART, INC. (NEW HEART) IS A NON-PROFIT CORPORATION AND QUALIFIES AS A TAX EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE AND IS CLASSIFIED AS OTHER THAN A PRIVATE FOUNDATION. AS SUCH, NORMAL ACTIVITIES NOT DIRECTLY RELATED TO NEW HEART'S TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. THERE WAS NO TAXABLE UNRELATED BUSINESS INCOME FOR THE YEAR ENDED DECEMBER 31, 2019. NEW HEART FILES INFORMATION TAX RETURNS AS PRESCRIBED BY THE TAX LAWS OR THE JURISDICTIONS IN WHICH IT OPERATES. NEW HEART INCOME TAX FILINGS ARE SUBJECT TO AUDIT BY VARIOUS TAX AUTHORITIES. AS OF DECEMBER 31, 2019, NEW HEART'S OPEN AUDIT PERIODS ARE FOR 2016 AND THEREAFTER. NEW HEART BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AS SUCH, AND DOES NOT HAVE ANY UNCERTAIN POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1CASH TO ACCRUAL ADJUSTMENTS, NET -92,675
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2CASH TO ACCRUAL ADJUSTMENTS, NET -29,808
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02533451
IRS990ScheduleD/TotalBookValueSecuritiesAmt0391059
IRS990ScheduleD/TotalExpensesPerForm990Amt0968299
IRS990ScheduleD/TotalLiabilityAmt011352
IRS990ScheduleD/TotalRevenuePerForm990Amt01132175
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01073254
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0938491
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0150437
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0BARRY RAMO MD
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0150437
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 WILL BE REVIEWED BY THE EXECUTIVE DIRECTOR AND THE CONTROLLER BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PHOTOCOPIES OF NEW HEART'S 990 TAX FORM AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MANAGEMENT SERVICES 130,036 50,570 0 CONTRACT SERVICES 35,060 0 0 TOTAL 165,096 50,570 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CASH TO ACCRUAL BASIS 62,867 CASH TO ACCRUAL ADJUSTMENTS -62,867
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0850424076
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C CORP
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0NM
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0MGT SERVIC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0NEW MEXICO HEART INSTITUTE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt0502 ELM STREET NE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0ALBUQUERQUE

Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,935,329
Liabilities
$11,352
Net assets
$2,923,977
Revenue
$1,132,175
Expenses
$968,299
Net income
$163,876
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
2019Detailed filing. Detailed filing data is available for this year.$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
Peer Organizations

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