Nonprofit · EIN 87-2707926
HEART OF RICHARD FOUNDATION
Tax-exempt · WILLOUGHBY HILLS, OH 44092
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $103,250 | $49,287 | $53,963 | $54,596 | $0 | $54,596 |
| December 31, 2024 | 990-PF | $79,300 | $79,410 | -$110 | $633 | $0 | $633 |
| December 31, 2023 | 990-PF | $21,900 | $63,882 | -$41,982 | $743 | $0 | $743 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $103,250
Expenses
- Grants and similar amounts paid
- $0
- Disbursements for charitable purposes
- $48,105
Balance sheet and other
- Total assets, start of year
- $633
- Total assets, end of year
- $54,596
- Total liabilities, end of year
- $0
- Net assets, end of year
- $54,596
- Qualifying distributions
- $48,105
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 |
|---|---|---|---|
| MICHAEL GATTO 29010 CHARDON ROAD, WILLOUGHBY HILLS, OH 44092 | DIRECTOR, PR | 0 | $0 |
990-PF for the year ended December 31, 2024: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL GATTO 29010 CHARDON ROAD, WILLOUGHBY HILLS, OH 44092 | DIRECTOR, PR | 0 | $0 |
990-PF for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL GATTO 29010 CHARDON ROAD, WILLOUGHBY HILLS, OH 44092 | DIRECTOR, PR | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 29010 CHARDON ROAD, WILLOUGHBY HILLS, OH 44092-1473
- In care of
- % MICHAEL D GATTO
- Signed the 990-PF
- MICHAEL GATTO, DIRECTOR, PRESIDENT
- Phone
- (216) 621-1800
- Return prepared by
- COLAGIOVANNI & GREENE INC
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
- 87-2707926
- 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
- 2024
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Religion-related (X22)
- Assets (IRS master file)
- $54,596
- Income (IRS master file)
- $103,250
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $103,250 | $49,287 | $54,596 | IRS |
| 990-PF | December 2024 | $79,300 | $79,410 | $633 | IRS |
| 990-PF | December 2023 | $21,900 | $63,882 | $743 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | 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 87-2707926).
Questions about HEART OF RICHARD FOUNDATION
- What is the EIN of HEART OF RICHARD FOUNDATION?
- The employer identification number (EIN) of HEART OF RICHARD FOUNDATION is 87-2707926.
- Is HEART OF RICHARD FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
- Are donations to HEART OF RICHARD FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does HEART OF RICHARD FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of HEART OF RICHARD FOUNDATION 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 HEART OF RICHARD FOUNDATION 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 HEART OF RICHARD FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 1 person; 0 received compensation from the organization.
- How much revenue does HEART OF RICHARD FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $103,250, expenses of $49,287 and total assets of $54,596 at year end.
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