2023-10-24T15:39:11-05:00 2022-12-31 593040705 RIVERO GORDIMER & COMPANY PA P O BOX 172359 TAMPA FL 33672 990 2022-01-01 260330887 HEARTBEAT INTERNATIONAL FOUNDATION INC HEAR 8132591213 3225 S MACDILL AVENUE SUITE 129-2 TAMPA FL 33629 THOMAS CRAWFORD MD CHAIRMAN 8132591213 2023-10-17 1 THOMAS CRAWFORD MD 999009999 1 SAM A LAZZARA P01342929 8138757774 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z FORHEARTS WORLDWIDE THOMAS CRAWFORD MD 3225 S MACDILL AVENUE SUITE 129-250 TAMPA FL 33629 7708978 0 X WWW.FORHEARTS.ORG X 2007 FL SAVE LIVES GLOBALLY BY PROVIDING CARDIOVASCULAR IMPLANTABLE DEVICES AND TREATMENT TO NEEDY PEOPLE. 10 9 5 25 0 0 2408547 485997 0 0 0 1336 -1251478 117648 1157069 604981 1168164 617937 0 0 91365 145343 0 0 65957 145237 206687 1404766 969967 -247697 -364986 1187525 756273 104490 35687 1083035 720586 X TO SAVE LIVES GLOBALLY BY PROVIDING CARDIOVASCULAR IMPLANTABLE DEVICES AND TREATMENT TO THE NEEDY PEOPLE OF THE WORLD. 0 0 781015 617937 THE HEARTBEAT INTERNATIONAL PROJECT WAS STARTED IN 1984 BY THE WATSON CLINIC FOUNDATION AS A 501(C)(3) PRIVATE OPERATING FOUNDATION. IN 1992, THE HEADQUARTERS OF HEARTBEAT INTERNATIONAL WAS TRANSFERRED TO ST. JOSEPH'S HOSPITAL OF TAMPA, A 501(C)(3) PUBLIC CHARITY. HEARTBEAT INTERNATIONAL DISTRIBUTES NEW, IMPLANTABLE CARDIAC PACEMAKERS AND RELATED DEVICES TO TOTALLY INDIGENT PATIENTS IN THIRD WORLD COUNTRIES THROUGH UNIFORMLY STRUCTURED HEART CENTERS LOCATED IN DEVELOPING COUNTRIES. THESE LIFE-SAVING OR LIFE-IMPROVING DEVICES ARE SUPPLIED WITHOUT COST TO HEARTBEAT INTERNATIONAL BY PARTICIPATING PACEMAKER MANUFACTURERS.(SEE SCHEDULE O FOR CONTINUATION OF PROGRAM ACCOMPLISHMENTS) THE DEVICES ARE IMPLANTED ONLY IN TOTALLY INDIGENT PATIENTS BY CARDIOLOGISTS/SURGEONS ASSOCIATED WITH THE LOCAL HEART CENTER IN THE THIRD WORLD COMMUNITY WITHOUT CHARGE. THE FOUNDATION IMPLANTED 142 DEVICES IN 2022, EVEN WITH A DECLINE IN DONATIONS FROM MANUFACTURERS.THE PURPOSE OF HEARTBEAT INTERNATIONAL IS TO PROVIDE ALL PROFESSIONAL AND MEDICAL SERVICES BY DOCTORS AND HOSPITALS AT NO CHARGE TO THE PATIENT.HEARTBEAT INTERNATIONAL CREATES AWARENESS AND EDUCATES THE PUBLIC, BOTH IN THE UNITED STATES AND DEVELOPING COUNTRIES, ABOUT THE MEDICAL NEEDS AND CHALLENGES OF INDIGENT PATIENTS IN DEVELOPING COUNTRIES. THE FOUNDATION HAS EXPERIENCED A TREMENDOUS DECREASE IN INVENTORY DURING THE YEARS 2020 AND 2021. NOT ONLY HAS THE FOUNDATION SHOWN A REDUCTION IN THE NUMBER OF DONATIONS DUE TO THE COVID-19 PANDEMIC WHICH IMPACTED INTERNATIONAL SHIPMENTS, THE FOUNDATION HAS MODIFIED ITS INVENTORY VALUATION POLICY TO WRITE DOWN ITS INVENTORY MORE QUICKLY TO BETTER REFLECT THE VALUE OF THE DEVICES BY ITS USEFUL LIFE. THE UPDATED INVENTORY VALUATION POLICY FOR ALL DEVICES AND LEADS ARE WRITTEN DOWN TO $0 IN VALUE WHEN DEVICES ARE 3 YEARS BEYOND THEIR USE BY DATE. DUE TO THE INVENTORY VALUATION POLICY CHANGE AND IMPACT OF THE COVID-19 PANDEMIC, THE FOUNDATION EXPERIENCED A REDUCTION IN ITS INVENTORY VALUE AT YEAR END 2020 AND 2021, AS WELL AS THE VALUE OF INVENTORY PLACED INTO SERVICE. IN ADDITION, THE FOUNDATION FURTHER WROTE OFF INVENTORY IDENTIFIED TO BE DESTROYED IN 2022 DUE TO ITS USEFUL LIFE. IN 2022, THE FOUNDATION RECIEVED INVENTORY CONTRIBUTIONS FROM BIOTRONIK ON A SPECIFIC REQUEST BASIS DIRECTLY TO THE HEART CENTERS. THE FOUNDATION PLANS TO MODIFY THEIR BUSINESS MODEL TO PURCHASE DEIVICES IN THE FUTURE AS SUPPLY CHAIN ISSUES HAVE MADE IT DIFFICULT TO RECEIVE DEVICES. THE FOUNDATION FEELS THE TRUE MEASURE OF OUR MISSION IS THE NUMBER OF LIVES IT SAVES OR DEVICES IT IMPLANTS, RATHER THAN THE DOLLAR VALUE OF THE DEVICES AND LEADS SENT TO THE HEART CENTERS.PATIENT HIGHLIGHT:ARTURO-MEXICO ARTURO'S HEART PROBLEMS BEGAN WHEN HE WAS THREE YEARS-OLD. HIS FATHER WORKED LONG HOURS AT A TACO STAND IN MEXICO TO SUPPORT THE FAMILY, BUT HE FELT SCARED AND HELPLESS. "I DIDN'T HAVE THE MONEY FOR THAT SURGERY. I COULDN'T SAVE MY OWN SON'S LIFE."HIS MOTHER WAS EQUALLY DEVASTATED. "WHEN MY SON WAS SLEEPING, SOMETIMES I COULDN'T HEAR HIS HEART, AND I KNEW ONE DAY HE MIGHT NOT WAKE UP IN THE MORNING." ARTURO'S FAMILY FOUND HOPE WHEN THEY MET DR. RICARDO MENESES OF HEARTBEAT INTERNATIONAL. ARTURO TRAVELED 100 MILES TO A HOSPITAL AND WAS RUSHED INTO SURGERY FOR A PACEMAKER IMPLANT.TODAY, ARTURO RUNS AROUND AND PLAYS WITH HIS FRIENDS. THE EXPERIENCE HAS HAD A POSITIVE IMPACT - HE'S BACK AT SCHOOL AND HOPES TO BECOME A DOCTOR SOMEDAY.PATIENT HIGHLIGHT:CHRISTINE-TRINIDAD & TOBAGO"MY MOTHER TELLS ME I WAS BORN A HEALTHY BABY, AND FOR THE MOST PART OF MY CHILDHOOD, I WAS. WHEN I WAS 14, I STARTED FEELING WEAK AND TIRED ALL THE TIME. DURING A CHECKUP, THEY FOUND THAT MY HEARTBEAT WAS TOO LOW, SO THEY TOOK ME FOR FURTHER TESTS. I WAS DIAGNOSED WITH A THIRD-DEGREE HEART BLOCK, AND I NEEDED TO HAVE A DUAL-CHAMBER PACEMAKER IMPLANTED.""MY FAMILY WAS SCARED; OUR GOVERNMENT HOSPITAL DIDN'T OFFER THE SURGERY, AND WE COULDN'T AFFORD TO GET IT DONE PRIVATELY. I WAS IN HIGH SCHOOL, AND MY LIFE HAD JUST BEGUN.""HEARTBEAT INTERNATIONAL GAVE ME A SECOND CHANCE AT LIFE. WITH THEIR HELP, I WAS ABLE TO RECEIVE THE SURGERY AND LIFE-LONG CARE AT NO COST. THE DOCTORS TOLD ME TO REST AT HOME, BUT I WAS TOO EXCITED TO BE NORMAL AGAIN, AND I WENT BACK TO SCHOOL TWO WEEKS AFTER THE SURGERY. I GRADUATED HIGH SCHOOL AND WENT TO COLLEGE TO STUDY ACCOUNTING. I GRADUATED WITH HONORS, AND I NOW WORK FOR THE CENTRAL BANK.I AM ON MY SECOND DEVICE NOW. I FOLLOW UP WITH MY DOCTOR EVERY SIX MONTHS. IN FACT, I JUST SAW MY DOCTOR YESTERDAY AND I AM DOING VERY WELL.""I LOVE LIFE - I AM INTO YOGA, AND HIKING; I LIKE TO GO OUT AND HANG OUT WITH MY FRIENDS. IF I DON'T TELL YOU, YOU WOULDN'T GUESS I HAVE A PACEMAKER, BUT I DO, AND IT SAVED MY LIFE." 781015 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 41 0 5 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 10 9 1 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 FL X THE ORGANIZATION 8132591213 3225 S MACDILL AVENUE SUITE 129-250 TAMPA FL 33629 THOMAS CRAWFORD MD CHAIRMAN AND MEDICAL DIRECTOR 20.00 X X 0 0 0 JAN HENDERSON INTERIM VICE CHAIR AND TREASURER 10.00 X X 0 0 0 BENEDICT MANISCALCO IMMEDIATE PAST CHAIR 10.00 X X 0 0 0 ARIEL GARCIA SALAZAR DIRECTOR OF LATIN AMERICA 5.00 X 0 0 0 PETER MUSAIB-ALI DIR OF CARIBBEAN & RDC MANAGER 5.00 X 0 0 0 JES LANDAU DIRECTOR 5.00 X 0 0 0 JOSEPH V MESSER MD DIRECTOR 5.00 X 0 0 0 DAVID KATCHER DIRECTOR 5.00 X 0 0 0 FEDERICO ALFARO HONORARY DIRECTOR 5.00 X 0 0 0 LAURA M DELISE EXECUTIVE DIRECTOR 40.00 X 100000 0 0 100000 0 0 0 0 0 0 0 485997 422175 485997 1336 1336 7165986 7103997 61989 61989 OTHER REVENUE 900009 28154 28154 MANAGEMENT FEE FROM RELATED ORGAN 900099 27505 27505 55659 604981 56995 0 61989 617937 617937 100000 60701 14606 24693 34760 21100 5077 8583 123 75 18 30 10460 6349 1528 2583 78681 946 74182 3553 97453 57499 16566 23388 10596 6252 1801 2543 3006 1437 985 584 4249 4249 9688 8719 969 1471 1471 1543 1543 969967 781015 122995 65957 926664 651806 10000 35944 246512 50750 105 20877 18104 4244 2773 15000 1187525 756273 10064 8187 94353 27500 73 104490 35687 X 1083035 720586 1083035 720586 1187525 756273 -364986 2537 0 X X 1 X 0 1 0 X 2820321 4078927 500243 2408547 485997 10294035 2820321 4078927 500243 2408547 485997 10294035 6050532 4243503 1336 1336 42250 29400 44162 40739 56995 213546 10508917 144029 0.40380 0.37710 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 20877 18104 2773 2773 X PART X, LINE 2: MANAGEMENT IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE THE FOUNDATION'S TAX-EXEMPT STATUS. THE FOUNDATION IS NOT AWARE OF ANY TAX POSITIONS IT HAS TAKEN THAT ARE SUBJECT TO A SIGNIFICANT DEGREE OF UNCERTAINTY. TAX YEARS AFTER FISCAL YEAR 2019 REMAIN SUBJECT TO EXAMINATION BY TAXING AUTHORITIES. 0 0 0 0 0 0 0 0 0 0 TRINIDAD AND TOBAGO GRANT OF PACEMAKERS AND PERIPHERAL EQUIPMENT FOR INDIGENT CARE. 0 617937 PACEMAKERS AND PERIPHERAL EQUIPMENT DISCOUNTED VALUE 0 0 0 0 0 0 PART III ACCOUNTING METHOD: SUNSET MUSIC FESTIVAL 7132673 7132673 7087708 DRIVE TO SAVE LIVES 31895 31895 16121 1418 1418 168 7165986 7165986 7103997 7103997 61989 FORM 990, SCHEDULE G, PART II THE SUNSET MUSIC FESTIVAL IS ONE OF OUR LARGEST FUNDRAISING EVENTS; RAISING SIGNIFICANT DOLLARS TOWARDS OUR OPERATING COSTS. DUE TO THE FESTIVAL'S FUNDRAISING CAPACITY, IT WARRANTS OUR DEDICATED TIME AND EFFORTS, AS WELL AS RESOURCES. X 106 422175 DISCOUNTED VALUE 0 1 0 FORM 990, PART VI, SECTION A, LINE 2 THE EXECUTIVE DIRECTOR IS THE DAUGHTER OF THE PAST CHAIRMAN DURING 2022. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION HIRES A PAID PREPARER EXPERIENCED IN THE PREPARATION OF FORMS 990 TO PREPARE THE RETURN. THE EXECUTIVE DIRECTOR PERFORMS A DETAILED REVIEW OF THE RETURN WITH THE TREASURER AND PROVIDES A DRAFT COPY TO ALL BOARD MEMBERS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C PRIOR TO ALL BOARD MEETINGS, ALL BOARD MEMBERS ARE ASKED TO DISCLOSE ANY CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE AND/ OR THE AD HOC COMPENSATION COMMITEE REVIEWS AND APPROVES ALL COMPENSATION. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION MAKES ITS FORMS 1023 AND 990 AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION CAN MAKE ITS ORGANIZING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT OR SELECTION PROCESS DURING THE TAX YEAR.