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Nonprofit · EIN 26-3504525

KARI S HEART FOUNDATION INC

Tax-exempt · JOHNSON CITY, TN 37604

Financials

$242K$181K2023$202K$222K2024
Revenue Expenses · by fiscal year end
Financials of KARI S HEART FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$201,658$221,621-$19,963$49,164$799$48,365
December 31, 2023990$241,595$181,420$60,175$75,082$6,754$68,328
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$173,519
Program service revenue
$0
Investment income
$79
Net income from fundraising events
$27,437
Net income from sales of inventory
$623
Other revenue
$28,060

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$30,589
Salaries, compensation and benefits (total)
$35,587
Professional fundraising fees
$0
Accounting fees
$1,500
Occupancy
$16,382
Travel
$33,491
Program services (functional)
$206,492
Management and general (functional)
$3,716
Fundraising (functional)
$11,413

Balance sheet and other

Total assets, start of year
$75,082
Total assets, end of year
$49,164
Total liabilities, end of year
$799
Net assets, end of year
$48,365
Net assets without donor restrictions
$48,365
Gross receipts
$201,658
Employees
2
Year formed
2008
State of legal domicile
TN

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 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
REESE GREGORYDIRECTOR
Trustee or director
–$0
ROBERT GREGORYDIR. OF BUSI
Trustee or director
–$0
JEFFREY W SCHOONDYKEPRESIDENT
Trustee or director, Officer
–$0
JEFFREY G SCHOONDYKEDIRECTOR
Trustee or director
–$0
JENNIFER M SCHOONDYKESECRETARY/TR
Trustee or director, Officer
–$0
KATHRYN SCHOONDYKEDIR. OF MARK
Trustee or director
–$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
REESE GREGORYDIRECTOR
Trustee or director
–$0
ROBERT GREGORYDIR. OF BUSI
Trustee or director
–$0
JEFFREY W SCHOONDYKEPRESIDENT
Trustee or director, Officer
–$0
JEFFREY G SCHOONDYKEDIRECTOR
Trustee or director
–$0
JENNIFER M SCHOONDYKESECRETARY/TR
Trustee or director, Officer
–$0
KATHRYN SCHOONDYKEDIR. OF MARK
Trustee or director
–$0

Address and contacts

Address (IRS master file)
701 N STATE OF FRANKLIN RD STE 14, JOHNSON CITY, TN 37604-3645
Principal officer (990 for 2024)
JEFFREY W SCHOONDYKE, 212 HIGHLAND GATE DR, JOHNSON CITY, TN 37615
Signed the 990
JEFFREY W SCHOONDYKE, PRESIDENT
Phone
(423) 913-1171
Return prepared by
LEWIS & ASSOCIATES PC CPAS

Mission

PROVIDE A WIDE RANGE OF PERSONAL, FINANCIAL, AND SOCIAL RESOURCES TO FAMILIES WHO ARE CURRENTLY EXPERIENCING A HEALTHCARE CRISIS.

990 for the year ended December 31, 2024

Program accomplishments

  • PROVIDE PERSONAL, FINANCIAL, AND SOCIAL ASSISTANCE TO FAMILIES OF HOSPITALIZED CHILDREN.
    Expenses $206,492

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
26-3504525
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2009
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$49,164
Income (IRS master file)
$201,658

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$201,658$221,621$49,164XML
990December 2023$241,595$181,420$75,082XML
990December 2022$125,614$138,761$32,489IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 26-3504525).

Questions about KARI S HEART FOUNDATION INC

What is the EIN of KARI S HEART FOUNDATION INC?
The employer identification number (EIN) of KARI S HEART FOUNDATION INC is 26-3504525.
Is KARI S HEART FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
Are donations to KARI S HEART FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does KARI S HEART FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of KARI S HEART FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did KARI S HEART FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of KARI S HEART FOUNDATION INC?
The 990 for the year ended December 31, 2024 names JEFFREY W SCHOONDYKE.
Who are the officers and directors of KARI S HEART FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
How much revenue does KARI S HEART FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $201,658, expenses of $221,621 and total assets of $49,164 at year end.

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