Civic Intelligence

Heart & Valor Foundation

990EZ • Fiscal year 2023 • EIN 88-1393369

Jan 01, 2023 to Dec 31, 2023 • Filed on Oct 14, 2024

Organization ProfileN/A
19 Kris CourtNewark, DE 19702

(917) 803-8151

Siviq Scores

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

Liabilities / Assets

99th percentile

4.14x

Higher debt load relative to assets than 99% of similar nonprofits.

2023 filings • NTEE M • <$500k nonprofits • Source year 2023

Liabilities / Revenue

86th percentile

0.30x

Higher debt load relative to revenue than 86% of similar nonprofits.

2023 filings • NTEE M • <$500k nonprofits • Source year 2023

Net Margin

16th percentile

-24%

Higher net margin than 16% of similar nonprofits.

2023 filings • NTEE M20 • <$500k nonprofits • Source year 2023

Top Officer Pay

86th percentile

$0

Higher top officer pay than 86% of similar nonprofits.

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

2023 filings • NTEE M20 • <$500k nonprofits • Source year 2023

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Balance Sheet
Liabilities / Assets99th percentile

Assets

$4,829

No earlier filing loaded for comparison.

Net Assets

-$15,185

No earlier filing loaded for comparison.

Liabilities

$20,014

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue86th percentileNet Margin16th percentile

Revenue

$67,211

No earlier filing loaded for comparison.

Expenses

$83,162

No earlier filing loaded for comparison.

Net Income

-$15,951

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$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

2023

Assets$4,829
Liabilities$20,014
Net Assets-$15,185
Open 2023 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this 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

2023

Revenue$67,211
Expenses$83,162
Net Income-$15,951
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Oct 14, 2024
Return Version
2023v5.0
Gross Receipts
$67,211
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.-$83,162
Compensation and Service Providers
Top Officer Pay86th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
ELI ZHADANOVTrustee/DirePT$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
2024-10-14
Discuss with paid preparer
Yes

Preparer

Firm
Geltrude & Company LLC
Address
513 FRANKLIN AVE, NUTLEY, NJ 07110-1746
Preparer
Mary Lou Portney
Phone
9736679100
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses event expenses 35,032 bank charges 1,705 legal fees 75 donations paid 46,350 total 83,162”

Form 990-ez, Part II, Line 26

“1,000 20,014”

Raw XML Appendix105 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0HEART 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/BOYAmt01766
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt04829
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt067211
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-15951
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt01766
IRS990EZ/Form990TotalAssetsGrp/EOYAmt04829
IRS990EZ/GrossReceiptsAmt067211
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0766
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-15185
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0766
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-15185
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ELI ZHADANOV
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0TRUSTEE/DIRE
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt083162
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
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/ProgramServiceExpensesAmt083162
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt01000
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt020014
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt083162
IRS990EZ/TotalProgramServiceExpensesAmt083162
IRS990EZ/TotalRevenueAmt067211
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/CommunityTrustInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt067211
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0812
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt068023
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt068023
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt067211
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0812
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt068023
IRS990ScheduleA/TotalSupportAmt068023
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES EVENT EXPENSES 35,032 BANK CHARGES 1,705 LEGAL FEES 75 DONATIONS PAID 46,350 TOTAL 83,162
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11,000 20,014
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ELI ZHADANOV
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE/DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum09178038151
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-10-14
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/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0223363665
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GELTRUDE & COMPANY LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0513 FRANKLIN AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NUTLEY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0071101746
ReturnHeader/PreparerPersonGrp/PhoneNum09736679100
ReturnHeader/PreparerPersonGrp/PreparationDt02024-10-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARY LOU PORTNEY
ReturnHeader/ReturnTs02024-10-15T13:50:36-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,829
Liabilities
$20,014
Net assets
-$15,185
Revenue
$67,211
Expenses
$83,162
Net income
-$15,951
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