2024-06-03T16:29:49-05:00 2023-12-31 561434747 GREERWALKER LLP 227 WEST TRADE ST SUITE 1100 CHARLOTTE NC 28202 990 2023-01-01 822279726 CHARLIE'S HEART FOUNDATION CHAR 7045026005 301 E JOHN STREET 2489 MATTHEWS NC 28105 MICHAEL HOLT VICE PRESIDENT AND TREASURER 7045026005 2024-05-28 1 MICHAEL HOLT 999009999 0 PAULA P TILLEY P00051456 7043770239 2024-05-28 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z REBECCA HOLT 301 E JOHN STREET 2489 MATTHEWS NC 28105 440791 0 X HTTPS://WWW.CHARLIESHEARTFOUNDATION.ORG/ X 2017 NC EMPOWERING FAMILIES TO STAY TOGETHER WHEN FACED WITH DIFFICULT LIFE CIRCUMSTANCES. 8 8 0 0 0 0 289610 299773 0 0 3490 11825 0 -32793 293100 278805 225500 236000 0 0 0 0 0 0 25185 84935 83641 310435 319641 -17335 -40836 638251 655431 1194 0 637057 655431 EMPOWERING FAMILIES TO STAY TOGETHER WHEN FACED WITH DIFFICULT LIFE CIRCUMSTANCES. 0 0 283668 236000 TO SUPPORT SMALL NONPROFITS BY FUNDING INNOVATIVE PROGRAMS DESIGNED TO IMPROVE THE LIVES OF AT-RISK AND VULNERABLE FAMILIES. 283668 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 4 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 X 8 8 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 X MR MICHAEL HOLT 7045026005 301 E JOHN STREET 2489 MATTHEWS NC 28105 X REBECCA HOLT DIRECTOR/PRESIDENT 15.00 X X 0 0 0 MICHAEL HOLT DIRECTOR/VP/TREASURER 10.00 X X 0 0 0 SARA HYDEN BOARD MEMBER 1.00 X 0 0 0 SHAWN FLYNN BOARD MEMBER 1.00 X 0 0 0 CHRIS FIALKO BOARD MEMBER 1.00 X 0 0 0 LAUREN JACKSON SECRETARY 1.00 X X 0 0 0 SALLY LOFTIS BOARD MEMBER 1.00 X 0 0 0 HEATHER WALLACE BOARD MEMBER 1.00 X 0 0 0 0 0 0 0 0 0 0 0 40974 258799 299773 18022 18022 104896 111093 -6197 -6197 -6197 18100 40974 50893 -32793 -32793 278805 0 0 -20968 X 236000 236000 3051 3051 72413 46771 457 25185 6714 6714 897 897 359 359 SUPPLIES 207 207 319641 283668 10788 25185 37793 21990 60876 26751 539582 606690 638251 655431 1194 0 1194 0 X 0 0 0 0 637057 655431 637057 655431 638251 655431 -40836 59210 0 X 0 0 0 X 191313 516313 518955 289610 299773 1815964 191313 516313 518955 289610 299773 1815964 1578256 237708 46 8768 11569 7662 28045 1844009 0.12890 0.13440 X CHARLIE'S HEART FOUNDATION (CHF) MEETS THE FACTS AND CIRCUMSTANCES TEST UNDER SECTION 1.170A-9(F)(3) OF THE TREASURY REGULATIONS AS EXPLAINED BELOW.CHF MEETS THE REQUIREMENTS OF TREASURY REGULATION SECTION 1.170A-9 (F)(3)(I) THAT PUBLIC SUPPORT NORMALLY RECEIVED MUST EQUAL AT LEAST 10 PERCENT. OVER THE FIVE-YEAR PERIOD ENDED DECEMBER 31, 2022 IN THE AGGREGATE, CHF RECEIVED 13.44% OF ITS TOTAL SUPPORT FROM GOVERNMENTAL OR PUBLIC SUPPORT AND 12.89% OVER THE PERIOD ENDED DECEMBER 31, 2023.IN ORDER TO SATISFY SECTION 1.170A-9(F)(3)(II) OF THE TREASURY REGULATIONS, AN ORGANIZATION "MUST BE SO ORGANIZED AND OPERATED AS TO ATTRACT NEW AND ADDITIONAL PUBLIC OR GOVERNMENTAL SUPPORT ON A CONTINUOUS BASIS. AN ORGANIZATION WILL BE CONSIDERED TO MEET THIS REQUIREMENT IF IT MAINTAINS A CONTINUOUS AND BONA FIDE PROGRAM FOR SOLICITATION OF FUNDS FROM THE GENERAL PUBLIC, COMMUNITY, OR MEMBERSHIP GROUP INVOLVED, OR IF IT CARRIES ON ACTIVITIES DESIGNED TO ATTRACT SUPPORT FROM GOVERNMENTAL UNITS OR OTHER ORGANIZATIONS DESCRIBED IN SECTION 170(B)(1)(A)(I) THROUGH(B)(1)(A)(VI)."IN THE YEAR ENDED DECEMBER 31, 2023, CHF EITHER LAUNCHED OR PARTICIPATED IN THE FOLLOWING EFFORTS TO GAIN PUBLIC SUPPORT FOR ITS MISSION:1. SOCIAL MEDIA AND EMAIL EFFORTS - IN 2023, CHF RAISED $18,359 FROM ITS SMALL DONOR, ONLINE EFFORTS. CHF ALSO RECEIVES MONTHLY DONATIONS FROM CERTAIN DONORS.2. CHARLIE'S CARDS FOR A CAUSE - THIS EVENT WAS HELD IN MATTHEWS, NORTH CAROLINA IN NOVEMBER 2023. MONEY WAS RAISED THROUGH SPONSORSHIPS AND DONATIONS RECEIVED AT THE EVENT.THE ORGANIZATION THEREFORE SATISFIES SECTION 1.170A-9(F)(3)(II) OF THE TREASURY REGULATIONS.THE FOLLOWING PERTINENT FACTORS ARE LISTED IN SECTION 1.170A-9(F)(3)(III) OF THE TREASURY REGULATIONS:(A) PERCENTAGE OF FINANCIAL SUPPORT;(B) SOURCES OF SUPPORT;(C) REPRESENTATIVE GOVERNING BODY;(D) AVAILABILITY OF PUBLIC FACILITIES OR SERVICES, PUBLIC PARTICIPATION IN PROGRAMS OR POLICIES(A) OVER THE FIVE-YEAR PERIOD ENDED DECEMBER 31, 2023, IN THE AGGREGATE, THE ORGANIZATION RECEIVED 12.89% OF ITS TOTAL SUPPORT FROM GOVERNMENTAL OR PUBLIC SUPPORT, AS DEFINED IN THE TREASURY REGULATIONS.(B) WHILE CHF HAS RELIED ON SIGNIFICANT SEED MONEY FOR FUNDING IN ITS INITIAL FIVE YEARS OF EXISTENCE, THE ORGANIZATION RAISED FUNDS FROM OVER 115 INDIVIDUALS AND COMPANIES IN 2023 AND OVER 900 CONTRIBUTIONS (FROM APPROXIMATELY 700 DONORS) SINCE INCEPTION.(C) THE BOARD OF DIRECTORS OF THE ORGANIZATION IN 2023 INCLUDES THE FOLLOWING INDIVIDUALS:1. CHRIS FIALKO - CRIMINAL DEFENSE LAWYER IN CHARLOTTE NC. CHRIS HAS SERVED ON SEVERAL NONPROFIT BOARDS, SERVED AS BOARD MEMBER FOR NC ADVOCATES FOR JUSTICE AND WAS A COMMISSION MEMBER FOR THE NC SENTENCING AND POLICY ADVISORY COMMISSION.2. LAUREN JACKSON - REGULATORY AND ENFORCEMENT ATTORNEY IN THE AREA OF BROKERDEALERS AND INVESTMENT ADVISORS. LAUREN HAS WORKED WITH SEVERAL NONPROFITS IN THE WINSTON-SALEM AREA.3. HEATHER WALLACE - SENIOR CLIENT STRATEGY MANAGER AT ENTERPRISE FLEET MANAGEMENT. HEATHER SPECIALIZES IN WORKING WITH NEW CLIENTS THROUGH NETWORKING AND ONBOARDING. SHE HAS A PASSION FOR CHF AND USES HER INTERPERSONAL SKILLS TO DEVELOP RELATIONSHIPS BENEFITING THE ORGANIZATION.4. SALLY LOFTIS - MANAGING DIRECTOR OF HUMAN RESOURCES CONSULTING FIRM. SALLY SERVES AS A MANAGEMENT CONSULTANT FOR CATCHAFIRE HELPING NONPROFITS WITH VIRTUAL VOLUNTEERS AND TAPROOT FOUNDATION WHO CONNECTS NONPROFITS WITH SKILLED VOLUNTEERS. SALLY'S HUSBAND IS PRESIDENT AND CEO OF A NONPROFIT LEADER IN HELPING CHILDREN WHO HAVE EXPERIENCED ABUSE OR OTHER TRAUMA.5. SARA HYDEN - ELEMENTARY SCHOOL TEACHER AND TUTOR. SARA IS HEAVILY INVOLVED IN HER CHURCH AND IS A FORMER FOSTER PARENT WHO BRINGS THE EXPERIENCE OF WORKING WITH THE FOSTER SYSTEM TO CHF.6. SHAWN FLYNN - VICE PRESIDENT OF COMMUNITY RELATIONS AT HOLY ANGELS, A NONPROFIT BASED IN BELMONT NC PROVIDING CARE AND LIVING TO THOSE WITH INTELLECTUAL DEVELOPMENTAL DISABILITIES AND OTHER MEDICAL CONDITIONS. SHAWN BRINGS EXPERIENCE WORKING AND RAISING FUNDS FOR A NONPROFIT FROM HIS EXPERIENCE IN HIS CURRENT POSITION.7. MICHAEL HOLT - CIVIL ENGINEER. MICHAEL IS A CO-FOUNDER OF CHF AND IS THE FINANCIAL AND COMPLIANCE DIRECTOR. MICHAEL IS MARRIED TO REBECCA HOLT 8. REBECCA HOLT - PUBLIC SCHOOL TEACHER, HOSPITAL TEACHER. REBECCA IS A COFOUNDER AND EXECUTIVE DIRECTOR OF CHF. REBECCA IS MARRIED TO MICHAEL HOLT. (D) CHF ENVISIONS A WORLD WHERE NO FAMILY IS TORN APART BY TRAGEDY AND WHERE FAMILIES HAVE ACCESS TO THE SUPPORT THEY NEED TO STAY HEALTHY AND WHOLE. OUR MISSION IS TO FUND HOLISTIC PROGRAMS THAT PROMOTE THE MENTAL WELLBEING OF VULNERABLE FAMILIES. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED CHARLIE'S CARDS FOR A CAUSE 59074 40974 18100 0 4000 3000 21281 6205 16407 59074 40974 18100 4000 3000 21281 6205 16407 50893 -32793 1 ADDIS JEMARI INC 2613-B DISCOVERY DRIVE RALEIGH NC 27616 812624103 501(C)(3) 40000 0 TO SUPPORT GENERAL OPERATIONS CLAIRE'S ARMY INC PO BOX 78571 CHARLOTTE NC 28271 463056024 501(C)(3) 20000 0 TO SUPPORT GENERAL OPERATIONS FOSTER VILLAGE CHARLOTTE PO BOX 77672 CHARLOTTE NC 28271 824729146 501(C)(3) 10000 0 TO SUPPORT GENERAL OPERATIONS FOSTERING GREAT IDEAS RE-IMAGINE FOSTER CARE 321 PIMLICO ROAD GREENVILLE SC 29607 274622960 501(C)(3) 11000 0 TO SUPPORT GENERAL OPERATIONS GLIMMER OF HOPE FOUNDATION 600 N CAP OF TX HWY BLDG B NO 330 AUSTIN TX 78746 311758218 501(C)(3) 30000 0 TO SUPPORT GENERAL OPERATIONS KINDER-MOURN INC 1320 HARDING PLACE CHARLOTTE NC 28204 561221194 501(C)(3) 30000 0 TO SUPPORT GENERAL OPERATIONS MITCHELL BAYS TURNER PEDIATRIC FUND INC PO BOX 12189 CHARLOTTE NC 28220 833595158 501(C)(3) 20000 0 TO SUPPORT GENERAL OPERATIONS THE STILL PLACE INC PO BOX 31 HAYESVILLE NC 28904 474377426 501(C)(3) 20000 0 TO SUPPORT GENERAL OPERATIONS ALLIANCE MEDICAL MINISTRY INC 101 DONALD ROSS DR RALEIGH NC 27610 562168673 501(C)(3) 10000 0 TO SUPPORT GENERAL OPERATIONS COUNCIL FOR CHILDRENS RIGHTS INC 601 E 5TH ST STE 510 CHARLOTTE NC 28202 561325184 501(C)(3) 10000 0 TO SUPPORT GENERAL OPERATIONS HOPEFUL HORIZONS PO BOX 1775 BEAUFORT SC 29901 571063332 501(C)(3) 20000 0 TO SUPPORT GENERAL OPERATIONS THE PARENTING PATH 500 W NORTHWEST BOULEVARD WINSTONSALEM NC 27105 581443692 501(C)(3) 10000 0 TO SUPPORT GENERAL OPERATIONS PART I, LINE 2: THE LETTER OF INTEREST IS THE FIRST STAGE OF THE CHARLIE'S HEART FOUNDATION'S GRANT FUNDING PROCESS. IT IS INTENDED TO PROVIDE CHARLIE'S HEART FOUNDATION WITH ENOUGH PRELIMINARY INFORMATION TO ASSESS WHETHER OR NOT THE REQUEST CAN BE CONSIDERED, WITHOUT REQUIRING AS MUCH DEPTH AND DETAIL AS THE FULL GRANT APPLICATION. IF THE LETTER OF INTEREST IS CONSISTENT WITH THE FOUNDATION'S INTERESTS AND PRIORITIES, THE PROGRAM OFFICER WILL INVITE THE ORGANIZATION TO SUBMIT A FULL GRANT APPLICATION. AT CHARLIE'S HEART FOUNDATION'S DISCRETION, INTERVIEWS AT THE APPLICANT'S OFFICE, THE PROJECT SITE, AND THE FOUNDATION OFFICE MAY BE A PART OF THE REVIEW PROCESS. ONCE THE GRANT APPLICATION IS DEEMED COMPLETE, CHARLIE'S HEART FOUNDATION WILL CONTACT THE APPLICANT TO SCHEDULE A BRIEF TELEPHONE INQUIRY. DURING THE TELEPHONE INQUIRY, THE ORGANIZATION REPRESENTATIVE SHOULD BE PREPARED TO ANSWER ANY FOLLOW-UP QUESTIONS THE PROGRAM OFFICER MAY HAVE. IF THE REQUEST IS CONSISTENT WITH THE FOUNDATION'S INTERESTS AND PRIORITIES, THE PROGRAM OFFICER WILL DIRECT THE GRANT APPLICATION TO THE FORMAL REVIEW PROCESS. AFTER THE TELEPHONE INTERVIEWS, THE REMAINING ORGANIZATIONS ARE PRESENTED TO THE GRANT REVIEW COMMITTEE WHERE FINAL SELECTIONS ARE MADE. ORGANIZATIONS RECEIVING GRANT FUNDING WILL BE REQUIRED TO ATTEND A CHECK-IN CALL AND SUBMIT AN IMPACT REPORT TO THE FOUNDATION REGARDING THE USE OF THE GRANT FUNDS. FORM 990, PART VI, SECTION A, LINE 2 REBECCA HOLT AND MICHAEL HOLT ARE HUSBAND AND WIFE. MICHAEL HOLT AND SARA HYDEN ARE BROTHER AND SISTER. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE TREASURER PRIOR TO FILING AND A COPY IS SENT VIA EMAIL TO OTHER BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 12C PERIODIC REVIEWS ARE PERFORMED IN ORDER TO ENSURE COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST FORM 990, PART IX, LINE 11G PAYPAL FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 457. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 457. CONTRACTOR SERVICES: PROGRAM SERVICE EXPENSES 46,771. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 25,185. TOTAL EXPENSES 71,956.