Civic Intelligence

Heart & Valor Foundation

EIN 88-1393369 • 501(c)3 • Newark, DE

Pub. 78 Eligible990-N CoverageNTEE M20

Profile

Humanitarian aid for children and veterans.

19 Kris CourtNewark, DE 19702

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

95th percentile

0.68x

Higher debt load relative to assets than 95% of similar nonprofits.

NTEE M20 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

89th percentile

0.21x

Higher debt load relative to revenue than 89% of similar nonprofits.

NTEE M20 • <$500k nonprofits • Source year 2024

Net Margin

61st percentile

26%

Higher net margin than 61% of similar nonprofits.

NTEE M20 • <$500k nonprofits • Source year 2024

Top Officer Pay

90th percentile

$0

Higher top officer pay than 90% of similar nonprofits.

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

NTEE M20 • <$500k nonprofits • Source year 2024

Asset Growth

97th percentile

510%

Faster asset growth than 97% of similar nonprofits.

NTEE M20 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

78th percentile

42%

Faster revenue growth than 78% of similar nonprofits.

NTEE M20 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets95th percentile

Assets

Up

$29,470

Up $24,641 (+510%) from 2023

Liabilities

Flat

$20,014

Flat from 2023

Net Assets

Up

$9,456

Up $24,641 (+162%) from 2023

Operations
Liabilities / Revenue89th percentileNet Margin61st percentile

Revenue

Up

$95,604

Up $28,393 (+42%) from 2023

Expenses

Down

$70,963

Down $12,199 (-15%) from 2023

Net Income

Up

$24,641

Up $40,592 (+254%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth97th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$40K$20K$0-$20KAssets 2023: $4,829Liabilities 2023: $20,014Net Assets 2023: -$15,1852023Assets 2024: $29,470Liabilities 2024: $20,014Net Assets 2024: $9,4562024

Highlighted filing

2024

Assets$29,470
Liabilities$20,014
Net Assets$9,456
Open 2024 Filing

Operations Trend

Revenue Growth78th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0-$50KRevenue 2023: $67,211Expenses 2023: $83,162Net Income 2023: -$15,9512023Revenue 2024: $95,604Expenses 2024: $70,963Net Income 2024: $24,6412024

Highlighted filing

2024

Revenue$95,604
Expenses$70,963
Net Income$24,641
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$29,470
Liabilities
$20,014
Net assets
$9,456
Revenue
$95,604
Expenses
$70,963
Net income
$24,641
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$29.5$20.0$9.46$95.6$71.0$24.6
2023Detailed filing. Detailed filing data is available for this year.$4.83$20.0$15.2$67.2$83.2$16.0
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jun 27, 2025
Return Version
2024v5.2
Gross Receipts
$95,604
Mission and Program Overview

Mission

Humanitarian aid for children and veterans.

Program Services

DescriptionGrantsExpenses
HELD SEVERAL EVENTS TO RAISE MONEY FOR INJURED CHILDREN AND VETERANS. EVENTS ARE ATTENDED BY HUNDREDS OF PEOPLE, INCLUDING ELECTED COMMUNITY REPRESENTATIVES.$0$70,962
Compensation and Service Providers
Top Officer Pay90th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
ELI ZHADANOVTrustee/DirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Heart & Valor Foundation
EIN
88-1393369
Phone
9178038151
Address
19 KRIS COURT, NEWARK, DE 19702

Signing Officer

Name
Eli Zhadanov
Title
Trustee/director
Phone
9178038151
Signed
2025-06-27
Discuss with paid preparer
Yes

Preparer

Firm
Geltrude & Co LLC
Address
513 FRANKLIN AVE, NUTLEY, NJ 07110
Preparer
Jack Portney
Phone
9736679100
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: donations paid. Amount: 22,700. Description: event expenses. Amount: 44,118. Description: legal fees. Amount: 952. Description: office expenses. Amount: 3,182. Description: donor box. Amount: 11. Total to form 990-ez, line 16: 70,963.”

Form 990-ez, Part II, Line 26 - Other Liabilities

“Description: loan. Beg. Of year amount: 20,014. End of year amount: 20,014.”

Raw XML Appendix118 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0HEART AND VALOR FOUNDATION
IRS990EZ/BooksInCareOfDetail/PhoneNum09178038151
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt019 KRIS COURT
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0NEWARK
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0DE
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd0197026843
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt04829
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt029470
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt095604
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt024641
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt04829
IRS990EZ/Form990TotalAssetsGrp/EOYAmt029470
IRS990EZ/GrossReceiptsAmt095604
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-15185
IRS990EZ/NetAssetsOrFundBalancesEOYAmt09456
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-15185
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt09456
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ELI ZHADANOV
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0TRUSTEE/DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt070963
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0HUMANITARIAN AID FOR CHILDREN AND VETERANS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0HELD SEVERAL EVENTS TO RAISE MONEY FOR INJURED CHILDREN AND VETERANS. EVENTS ARE ATTENDED BY HUNDREDS OF PEOPLE, INCLUDING ELECTED COMMUNITY REPRESENTATIVES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt070962
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt020014
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt020014
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt070963
IRS990EZ/TotalProgramServiceExpensesAmt070962
IRS990EZ/TotalRevenueAmt095604
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/CommunityTrustInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt095604
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt067211
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0812
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0163627
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0163627
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt095604
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt067211
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0812
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0163627
IRS990ScheduleA/TotalSupportAmt0163627
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: DONATIONS PAID. AMOUNT: 22,700. DESCRIPTION: EVENT EXPENSES. AMOUNT: 44,118. DESCRIPTION: LEGAL FEES. AMOUNT: 952. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 3,182. DESCRIPTION: DONOR BOX. AMOUNT: 11. TOTAL TO FORM 990-EZ, LINE 16: 70,963.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: LOAN. BEG. OF YEAR AMOUNT: 20,014. END OF YEAR AMOUNT: 20,014.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ELI ZHADANOV
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE/DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum09178038151
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-06-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HEART & VALOR FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0HEAR
ReturnHeader/Filer/EIN0881393369
ReturnHeader/Filer/PhoneNum09178038151
ReturnHeader/Filer/USAddress/AddressLine1Txt019 KRIS COURT
ReturnHeader/Filer/USAddress/CityNm0NEWARK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0DE
ReturnHeader/Filer/USAddress/ZIPCd019702
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0223363665
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GELTRUDE & CO LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0513 FRANKLIN AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NUTLEY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd007110
ReturnHeader/PreparerPersonGrp/PhoneNum09736679100
ReturnHeader/PreparerPersonGrp/PreparationDt02025-06-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JACK PORTNEY
ReturnHeader/ReturnTs02025-08-07T17:29:55-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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