HEARTFELT DREAMS FOUNDATION LTD: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
HEARTFELT DREAMS FOUNDATION LTD (EIN 83-2964412)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-10-07
IRS object ID
202532809349301323
Schema version
2024v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-10-07T12:19:27-04:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN831825599PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1NH TAX SERVICEBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1360 ROUTE 101 SUITE 5AddressLine1Txt
CityBEDFORDCityNm
State AbbreviationNHStateAbbreviationCd
ZIP03110ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN832964412EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1HEARTFELT DREAMS FOUNDATION LTDBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlHEARBusinessNameControlTxt
Phone8334702273PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11 TAYLORS WAYAddressLine1Txt
CityHOLLISCityNm
State AbbreviationNHStateAbbreviationCd
ZIP03049ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonERIC ANKERUDPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone8334702273PhoneNum
Signature2025-03-13SignatureDt
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJEFFREY THOMASPreparerPersonNm
PTINP02173013PTIN
Phone6034881482PhoneNum
Preparation2025-10-07PreparationDt
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerERIC ANKERUDPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11 TAYLORS WAYAddressLine1Txt
CityHOLLISCityNm
State AbbreviationNHStateAbbreviationCd
ZIP03049ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$162,405GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.HEARTFELTDREAMSFOUNDATION.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Activity Or MissionEMOTIONAL SUPPORT AND COUNSELING, FINANCIAL ASSISTANCE, AND EDUCATION ARE OUR OBJECTIVES FOR BENEFITING CONGENITAL HEART DEFECT PATIENTS AND THE DOCTORS AND NURSES WHO CARE FOR THESE PATIENTS.ActivityOrMissionDesc
Voting Members Governing Body6VotingMembersGoverningBodyCnt
Voting Members Independent6VotingMembersIndependentCnt
Total Employee1TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$183,869PYContributionsGrantsAmt
CY Contributions Grants$133,473CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
CY Investment Income$0CYInvestmentIncomeAmt
CY Other Revenue$5,232CYOtherRevenueAmt
PY Total Revenue$183,869PYTotalRevenueAmt
CY Total Revenue$138,705CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$9,911PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$6,272CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$3,000CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$26,066CYTotalFundraisingExpenseAmt
PY Other Expenses$213,436PYOtherExpensesAmt
CY Other Expenses$109,158CYOtherExpensesAmt
PY Total Expenses$223,347PYTotalExpensesAmt
CY Total Expenses$118,430CYTotalExpensesAmt
PY Revenues Less Expenses-$39,478PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$20,275CYRevenuesLessExpensesAmt
Total Assets BOY$14,690TotalAssetsBOYAmt
Total Assets EOY$7,948TotalAssetsEOYAmt
Total Liabilities BOY$16,629TotalLiabilitiesBOYAmt
Total Liabilities EOY-$10,388TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY-$1,939NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$18,336NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionEMOTIONAL SUPPORT AND COUNSELING, FINANCIAL ASSISTANCE, AND EDUCATION ARE OUR OBJECTIVES FOR BENEFITING CONGENITAL HEART DEFECT PATIENTS AND THE DOCTORS AND NURSES WHO CARE FOR THESE PATIENTS.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
DescEMOTIONAL SUPPORT AND COUNSELING, FINANCIAL ASSISTANCE, AND EDUCATION ARE OUR OBJECTIVES FOR BENEFITING CONGENITAL HEART DEFECT PATIENTS AND THE DOCTORS AND NURSES WHO CARE FOR THESE PATIENTS.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$69,735ExpenseAmt
DescEMOTIONAL SUPPORT AND COUNSELING, FINANCIAL ASSISTANCE, AND EDUCATION ARE OUR OBJECTIVES FOR BENEFITING CONGENITAL HEART DEFECT PATIENTS AND THE DOCTORS AND NURSES WHO CARE FOR THESE PATIENTS.Desc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$69,735TotalOtherProgSrvcExpenseAmt
Total Program Service Expenses$69,735TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesYes (true)FundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredfalseScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld CompliancefalseBackupWthldComplianceInd
Employee1EmployeeCnt
Employment Tax Returns FiledfalseEmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Governing Body Voting Members6GoverningBodyVotingMembersCnt
Independent Voting Member6IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyfalseForm990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyfalseConflictOfInterestPolicyInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonERIC ANKERUDPersonNm
Phone8334702273PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11 TAYLORS WAYAddressLine1Txt
CityHOLLISCityNm
State AbbreviationNHStateAbbreviationCd
ZIP03049ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (6 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
ERIC ANKERUD
PRESIDENT5.00Yes (X)$0$0$0
LORI ANKERUD
BOARD CHAIRP0.05Yes (X)$0$0$0
SUZANNE LASCALZA
BOARD MEMBER0.05Yes (X)$0$0$0
LEE LEICHTER
BOARD MEMBER0.05Yes (X)$0$0$0
SALLY MCKAY
BOARD MEMBER0.05Yes (X)$0$0$0
GWEN WATANABE
BOARD MEMBER0.05Yes (X)$0$0$0
FieldValueIRS element (for citing)
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
All Other Contributions$133,473AllOtherContributionsAmt
Noncash Contributions$1,446NoncashContributionsAmt
Total Contributions$133,473TotalContributionsAmt
Fundraising Gross Income$28,932FundraisingGrossIncomeAmt
Fundraising Direct Expenses$23,700FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$5,232TotalRevenueColumnAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$138,705TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$5,913TotalAmt
Program Services$5,913ProgramServicesAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$359TotalAmt
Program Services$359ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$1,150TotalAmt
Management And General$1,150ManagementAndGeneralAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$3,000TotalAmt
Fundraising$3,000FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$88,456TotalAmt
Program Services$47,008ProgramServicesAmt
Management And General$18,678ManagementAndGeneralAmt
Fundraising$22,770FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$5,006TotalAmt
Program Services$5,006ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$2,518TotalAmt
Program Services$1,165ProgramServicesAmt
Management And General$1,353ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$245TotalAmt
Program Services$245ProgramServicesAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$618TotalAmt
Management And General$618ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$830TotalAmt
Management And General$830ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtFundraisingFundraisingAmt
SCHOLARSHIP$10,000$10,000
FUNDRAISING$296$296
BANK FEES$39$39

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$118,430TotalAmt
Program Services$69,735ProgramServicesAmt
Management And General$22,629ManagementAndGeneralAmt
Fundraising$26,066FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$14,690BOYAmt
EOY$7,948EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$14,690BOYAmt
EOY$7,948EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$16,629BOYAmt
EOY-$10,388EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$16,629BOYAmt
EOY-$10,388EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY-$1,939BOYAmt
EOY$18,336EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY-$1,939BOYAmt
EOY$18,336EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$14,690BOYAmt
EOY$7,948EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$20,275ReconcilationRevenueExpnssAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Medical Research OrganizationYes (X)MedicalResearchOrganizationInd

Hospital Name And Address HospitalNameAndAddressGrp

Supported Organization Name SupportedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1MASSACHUSETTS GENERAL HOSPITALBusinessNameLine1Txt
FieldValueIRS element (for citing)
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd

Schedule D IRS990ScheduleD

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
Amt-$10,388Amt
FieldValueIRS element (for citing)
Total Liability-$10,388TotalLiabilityAmt

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1GOLF EVENTEvent1Nm
Gross Receipts Event1$28,932GrossReceiptsEvent1Amt
Gross Revenue Event1$28,932GrossRevenueEvent1Amt
Other Direct Expenses Event1$23,700OtherDirectExpensesEvent1Amt
Gross Receipts Total$28,932GrossReceiptsTotalAmt
Gross Revenue Total Events$28,932GrossRevenueTotalEventsAmt
Oth Direct Expnss Total Events$23,700OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$23,700DirectExpenseSummaryEventsAmt
Net Income Summary$5,232NetIncomeSummaryAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PAGE 2, PART III, LINE 4DEMOTIONAL SUPPORT AND COUNSELING, FINANCIAL ASSISTANCE, AND EDUCATION ARE OUR OBJECTIVES FOR BENEFITING CONGENITAL HEART DEFECT PATIENTS AND THE DOCTORS AND NURSES WHO CARE FOR THESE PATIENTS.
FORM 990, PAGE 6, PART VI, LINE 11BNO REVIEW WAS OR WILL BE CONDUCTED.
FORM 990, PAGE 6, PART VI, LINE 19NO DOCUMENTS AVAILABLE TO THE PUBLIC
FORM 990, PART IX, LINE 11GEQUIPMENT RENTAL 299 0 0 PROFESSIONAL SERVICES 0 905 0 GIFTS IN KIND 1,446 0 0 FEBRUARY EVENT 0 0 20,020 PROMOTION 0 0 2,750 PUBLIC RELATIONS 0 17,773 0 PATIENT ACCOMODATIONS 25,078 0 0 PATIENT GIFTS CARDS 3,175 0 0 PATIENT TRANSPORTATION 17,010 0 0 TOTAL 47,008 18,678 22,770

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