Nonprofit · EIN 20-5108471
NEW HEART WORLD MINISTRIES
Tax-exempt · MINNEAPOLIS, MN 55437
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $66,367 | $43,930 | $22,437 | $41,198 | $0 | $41,198 |
| December 31, 2024 | 990-PF | $89,879 | $109,464 | -$19,585 | $18,761 | $0 | $18,761 |
| December 31, 2023 | 990-PF | $123,093 | $105,691 | $17,402 | $38,346 | $0 | $38,346 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $66,367
Expenses
- Grants and similar amounts paid
- $0
Balance sheet and other
- Total assets, start of year
- $18,761
- Total assets, end of year
- $41,198
- Total liabilities, end of year
- $0
- Net assets, end of year
- $41,198
- Fair market value of assets
- $41,198
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANDREW VARGAS 9055 JOHNSON AVE SO, MINNEAPOLIS, MN 55437 | PRESIDENT | 6 | $0 |
| DAN PAROTTI 9055 JOHNSON AVE S, MINNEAPOLIS, MN 55437 | TREASURER | 6 | $0 |
| ERIC ANDERSON 9532 PENN CIR, MINNEAPOLIS, MN 55431 | SECRETARY | 6 | $0 |
990-PF for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Andrew Vargas 9055 Johnson Avenue South, Minneapolis, MN 55437 | President | 6 | $0 |
| Dan Parotti 9055 Johnson Ave S, Bloomington, MN 55437 | Treasurer | 6 | $0 |
| Eric Anderson 9532 Penn Cir, Minneapolis, MN 55431 | Secretary | 6 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Andrew Vargas 9055 Johnson Avenue South, Minneapolis, MN 55437 | President | 6 | $0 |
| Dan Parotti 9055 Johnson Ave S, Bloomington, MN 55437 | Treasurer | 6 | $0 |
| Eric Anderson 9532 Penn Cir, Minneapolis, MN 55431 | Secretary | 6 | $0 |
Address and contacts
- Address (IRS master file)
- 9055 JOHNSON AVE S, MINNEAPOLIS, MN 55437-1805
- In care of
- % DAN PAROTTI
- Signed the 990-PF
- DAN PAROTTI, TREASURER
- Phone
- (612) 578-2502
- Return prepared by
- Larry C Greely LLC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 20-5108471
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private operating foundation
- Donations deductible (Pub 78)
- Private operating foundation, 50% limit
- Exempt since
- 2009
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Religion-related (X21)
- Assets (IRS master file)
- $41,198
- Income (IRS master file)
- $66,367
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $66,367 | $43,930 | $41,198 | XML |
| 990-PF | December 2024 | $89,879 | $109,464 | $18,761 | XML |
| 990-PF | December 2023 | $123,093 | $105,691 | $38,346 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2019 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-5108471).
Questions about NEW HEART WORLD MINISTRIES
- What is the EIN of NEW HEART WORLD MINISTRIES?
- The employer identification number (EIN) of NEW HEART WORLD MINISTRIES is 20-5108471.
- Is NEW HEART WORLD MINISTRIES tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
- Are donations to NEW HEART WORLD MINISTRIES tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
- Which annual return does NEW HEART WORLD MINISTRIES file?
- Form 990-PF. Private foundations file every year.
- When is the next return of NEW HEART WORLD MINISTRIES due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NEW HEART WORLD MINISTRIES last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of NEW HEART WORLD MINISTRIES?
- The 990-PF for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does NEW HEART WORLD MINISTRIES have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $66,367, expenses of $43,930 and total assets of $41,198 at year end.
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