Nonprofit · EIN 47-5625690
HEARTS PATH CHARITABLE FOUNDATION INC
Tax-exempt · LOUISVILLE, KY 40241
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $702,860 | $652,131 | $50,729 | $12,551,947 | $0 | $12,551,947 |
| December 31, 2024 | 990-PF | $912,953 | $664,095 | $248,858 | $8,110,581 | $0 | $8,110,581 |
| December 31, 2023 | 990-PF | $911,898 | $367,272 | $544,626 | $7,861,723 | $0 | $7,861,723 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $243,479
- Net gain from sales of assets
- $459,240
- Other income
- $141
Expenses
- Grants and similar amounts paid
- $444,000
- Compensation of officers, directors and key employees
- $132,500
- Disbursements for charitable purposes
- $577,390
- Excise tax on investment income
- $8,895
Balance sheet and other
- Total assets, start of year
- $11,964,039
- Total assets, end of year
- $12,551,947
- Total liabilities, end of year
- $0
- Net assets, end of year
- $12,551,947
- Fair market value of assets
- $12,551,947
- Qualifying distributions
- $577,390
- Net investment income
- $702,860
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 |
|---|---|---|---|
| SUE ELLEN MARSHALL-HERZA 5900 US HIGHWAY 42 STE 2000, LOUISVILLE, KY 40241 | PRESIDENT | 4 | $26,500 |
| ANDREW DAVIDSON 5900 US HIGHWAY 42 STE 2000, LOUISVILLE, KY 40241 | TREASURER | 4 | $26,500 |
| EMILY DAVIDSON 5900 US HIGHWAY 42 STE 2000, LOUISVILLE, KY 40241 | SECRETARY | 4 | $26,500 |
| WESLEY SPENCER 5900 US HIGHWAY 42 STE 2000, LOUISVILLE, KY 40241 | DIRECTOR | 4 | $26,500 |
| JONATHON DAVIDSON 5900 US HIGHWAY 42 STE 2000, LOUISVILLE, KY 40241 | DIRECTOR | 4 | $26,500 |
990-PF for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SUE ELLEN MARSHALL-HERZA 1626 MANCHESTER LANE NW, WASHINGTON, DC 20011 | PRESIDENT | 4 | $25,000 |
| ANDREW DAVIDSON 2653 KINGS HWY, LOUISVILLE, KY 40205 | TREASURER | 4 | $25,000 |
| EMILY DAVIDSON 9406 COLUMBIA BLVD, SILVER SPRING, MD 20910 | SECRETARY | 4 | $25,000 |
| WESLEY SPENCER 3160 RUNNING DEER CIRCLE, LOUISVILLE, KY 40241 | DIRECTOR | 4 | $25,000 |
| JONATHON DAVIDSON 1728 W SAINT CATHERINE ST, LOUISVILLE, KY 40210 | DIRECTOR | 4 | $25,000 |
990-PF for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SUE ELLEN MARSHALL-HERZA 1626 MANCHESTER LANE NW, WASHINGTON, DC 20011 | PRESIDENT | 4 | $25,000 |
| ANDREW DAVIDSON 2653 KINGS HWY, LOUISVILLE, KY 40205 | TREASURER | 4 | $25,000 |
| EMILY DAVIDSON 9406 COLUMBIA BLVD, SILVER SPRING, MD 20910 | SECRETARY | 4 | $25,000 |
| WESLEY SPENCER 3160 RUNNING DEER CIRCLE, LOUISVILLE, KY 40241 | DIRECTOR | 4 | $25,000 |
| JONATHON DAVIDSON 1728 W SAINT CATHERINE ST, LOUISVILLE, KY 40210 | DIRECTOR | 4 | $25,000 |
Address and contacts
- Address (IRS master file)
- 5900 US HIGHWAY 42 2000, LOUISVILLE, KY 40241-5806
- Signed the 990-PF
- ANDREW M DAVIDSON, TREASURER
- Phone
- (502) 387-9074
- Return prepared by
- BLUE & CO 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
- 47-5625690
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2016
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $12,551,947
- Income (IRS master file)
- $1,788,407
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $702,860 | $652,131 | $12,551,947 | IRS |
| 990-PF | December 2024 | $912,953 | $664,095 | $8,110,581 | XML |
| 990-PF | December 2023 | $911,898 | $367,272 | $7,861,723 | 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 47-5625690).
Questions about HEARTS PATH CHARITABLE FOUNDATION INC
- What is the EIN of HEARTS PATH CHARITABLE FOUNDATION INC?
- The employer identification number (EIN) of HEARTS PATH CHARITABLE FOUNDATION INC is 47-5625690.
- Is HEARTS PATH CHARITABLE FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to HEARTS PATH CHARITABLE FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does HEARTS PATH CHARITABLE FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of HEARTS PATH CHARITABLE FOUNDATION INC 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 HEARTS PATH CHARITABLE FOUNDATION INC 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 HEARTS PATH CHARITABLE FOUNDATION INC?
- The 990-PF for the year ended December 31, 2025 lists 5 people; 5 received compensation from the organization, the highest $26,500 (SUE ELLEN MARSHALL-HERZA, PRESIDENT).
- How much revenue does HEARTS PATH CHARITABLE FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $702,860, expenses of $652,131 and total assets of $12,551,947 at year end.
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