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Happy Hearts Fund Inc

  • New York, NY
  • EIN: 20-5072728

Organization summary

Organization summary might be incomplete or out of date

This organization is not listed in the IRS's most recent list of tax exempt organizations, but we have data associated with this Employer Identification Number.

Details

According to its June 2017 tax filing, this nonprofit:

Reported conflict of interest transactions
Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

Summary charts: organization finances over time

Revenue
$2.62M (2017)

Expenses
$2.12M (2017)

Total Assets
$3M (2017)

Total Liabilities
$191k (2017)

Source: Form 990 tax filings from 2010 to 2017

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Sept.
2017

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,616,150
Expenses
$2,118,808
Net Income
$497,342
Net Assets
$2,804,362
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,613,736
99.9%
Program Services $0
Investment Income $2,414
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $101,772
4.8%
Professional Fundraising Fees $0
Other Salaries and Wages $327,775
15.5%
Assets/Debt
Total Assets $2,995,332
Total Liabilities $190,970
Net Assets $2,804,362
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Olga Ruggiero (Executive Dir.) $107,824 $0 $0
Petra Nemcova (Founder) $0 $0 $0
David Hryck (Chairman) $0 $0 $0
Sophie Lasry (Trustee) $0 $0 $0
Yulianna Anikieieva (Trustee) $0 $0 $0
Kathleen Kelley (Treasurer) $0 $0 $0
Philipee Kjellgren (Trustee) $0 $0 $0
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Document Links

990
Filed on Jan. 29, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,046,980
Expenses
$2,765,958
Net Income
$281,022
Net Assets
$2,302,007
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,046,466
100.0%
Program Services $0
Investment Income $514
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $118,489
4.3%
Professional Fundraising Fees $0
Other Salaries and Wages $327,255
11.8%
Assets/Debt
Total Assets $2,469,133
Total Liabilities $167,126
Net Assets $2,302,007
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Olga Ruggiero (Executive Dir.) $118,489 $0 $0
Petra Nemcova (Founder) $0 $0 $0
David Hryck (Chairman) $0 $0 $0
Sophie Lasry (Trustee) $0 $0 $0
Yulianna Anikieieva (Trustee) $0 $0 $0
Kathleen Kelley (Treasurer) $0 $0 $0
Philipee Kjellgren (Trustee) $0 $0 $0
Pierre Andurand (Trustee) $0 $0 $0
+ View more people

Document Links

990
Filed on Dec. 14, 2016

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,921,278
Expenses
$3,007,350
Net Income
-$1,086,072
Net Assets
$2,018,681
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,918,430
99.9%
Program Services $0
Investment Income $2,848
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $118,880
4.0%
Professional Fundraising Fees $0
Other Salaries and Wages $240,159
8.0%
Assets/Debt
Total Assets $2,179,218
Total Liabilities $160,537
Net Assets $2,018,681
Other
Operated a school
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Sue Veres Royal Through 714 (Executive Dir.) $117,000 $0 $0
Olga Ruggiero Began 415 (Executive Dir.) $73,621 $0 $14,988
Petra Nemcova Until 12015 (Chairman) $0 $0 $0
David Hryck Chair 12015 (Secretary) $0 $0 $0
David Leppan (Trustee) $0 $0 $0
Michael Carley Resigned 415 (Trustee) $0 $0 $0
Kathleen Kelley (Treasurer) $0 $0 $0
Ron Wahid Resigned 615 (Trustee) $0 $0 $0
Philippe Kjellgren (Trustee) $0 $0 $0
Sophia Corona Resigned 615 (Trustee) $0 $0 $0
Pierre Andurand Began 615 (Trustee) $0 $0 $0
+ View more people

Document Links

990
Filed on March 8, 2016

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,050,062
Expenses
$2,815,220
Net Income
$234,842
Net Assets
$3,608,473
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,044,529
99.8%
Program Services $0
Investment Income $5,533
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $151,279
5.4%
Professional Fundraising Fees $0
Other Salaries and Wages $246,803
8.8%
Assets/Debt
Total Assets $3,891,317
Total Liabilities $282,844
Net Assets $3,608,473
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Petra Nemcova (Chair) $0 $0 $0
David Hryck (Secretary) $0 $0 $0
David Leppan (Board Member) $0 $0 $0
Michael Carley (Board Member) $0 $0 $0
Kathleen Kelley (Board Member) $0 $0 $0
Ron Wahid (Board Member) $0 $0 $0
Philippe Kjellgren (Board Member) $0 $0 $0
Sophia Corona (Board Member) $0 $0 $0
Sue Veres Royal (Executive Director) $0 $77,502 $0
+ View more people

Document Links

990
Filed on Feb. 13, 2015

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,040,550
Expenses
$2,737,172
Net Income
$303,378
Net Assets
$3,371,982
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,034,450
99.8%
Program Services $0
Investment Income $6,100
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $184,544
6.7%
Professional Fundraising Fees $0
Other Salaries and Wages $268,562
9.8%
Assets/Debt
Total Assets $3,504,463
Total Liabilities $132,481
Net Assets $3,371,982

Document Links

990
Filed on March 27, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,911,119
Expenses
$2,429,469
Net Income
$481,650
Net Assets
$3,067,242
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,906,559
99.8%
Program Services $0
Investment Income $4,560
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $152,460
6.3%
Professional Fundraising Fees $0
Other Salaries and Wages $274,992
11.3%
Assets/Debt
Total Assets $3,111,585
Total Liabilities $44,343
Net Assets $3,067,242

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$581,288
Expenses
$1,068,788
Net Income
-$487,500
Net Assets
$2,587,239
Notable Sources of Revenue Percent of Total Revenue
Contributions $576,693
99.2%
Program Services $0
Investment Income $4,595
0.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $66,000
6.2%
Professional Fundraising Fees $0
Other Salaries and Wages $135,250
12.7%
Assets/Debt
Total Assets $2,690,097
Total Liabilities $102,858
Net Assets $2,587,239

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2010

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,403,651
Expenses
$1,505,420
Net Income
$898,231
Net Assets
$3,073,339
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,392,028
99.5%
Program Services $0
Investment Income $10,118
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,505
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $3,177,120
Total Liabilities $103,781
Net Assets $3,073,339

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF
PDF (2 of 2)

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF
PDF (2 of 2)

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

Byline

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

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