HEARTBEET LIFESHARING CORPORATION

EIN: 030370105 501(c)(3) Human Services

HARDWICK, VT

Total Revenue
$1,829,980
Total Expenses
$1,758,668
Total Assets
$6,405,949
Net Assets
$5,489,332
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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
VT
Principal Officer
STEPHEN ST ONGE
Phone
8044723285
Tax Period
2024-07-01 to 2025-06-30

HEARTBEET LIFESHARING CORPORATION, founded in 2001, is a community nonprofit in the Human Services sector that reported $1.8M in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year. Expenses of $1.8M left a modest 4% surplus.

Mission

HEARTBEET IS A VIBRANT LIFESHARING COMMUNITY THAT INCLUDES ADULTS WITH DEVELOPMENTAL DISABILITIES AND INTERWEAVES THE SOCIAL AND AGRICULTURAL REALMS FOR THE HEALING AND RENEWING OF OUR SOCIETY AND THE EARTH. COMMUNITY MEMBERS LIVE AND WORK TOGETHER, IN BEAUTIFUL EXTENDED FAMILY HOUSEHOLDS, FORMING A MUTALLY SUPPORTIVE ENVIRONMENT THAT ENABLES EACH INDIVIDUAL TO DISCOVER AND DEVELOP HIS OR HER UNIQUE ABILITIES AND POTENTIAL.THE GUIDING THOUGHTS AND IDEALS OF HEARTBEET FLOW FROM THE SPIRITUAL WOLDVIEW KNOWN AS ANTHROPOSOPHY, AS DEVELOPED BY RUDOLF STEINER. WHILE ANTHROPOSOPHY IS NOT A RELIGION, IT TEACHES THE SIGNIFICANCE OF THE NEW SPIRITUAL IMPULSE THAT CAME TO HUMANITY THROUGH CHRIST, AND THE NEED FOR PEOPLE TO TAKE THIS IMPULSE OF LOVE INTO THEIR INDIVIDUAL AND SOCIALLIVES, AND INTO THEIR RELATION TO NATURE. WE TRY TO CULTIVATE A MOOD OF REVERENCE AND INNER PEACE TOGETHER.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $349,152
Program Service Revenue $1,434,685
Investment Income $42,369
Other Revenue $3,774
TOTAL REVENUE $1,829,980

Expense Breakdown

Grants Paid $0
Salaries & Benefits $825,324
Fundraising Expenses $36,225
Program Expenses $1,283,359
Other Expenses $933,344
TOTAL EXPENSES $1,758,668

Year-over-Year Comparison

2024 2023 Change
Revenue $1,829,980 $2,141,532 -0.1%
Expenses $1,758,668 $1,849,667 0.0%
Net Income $71,312 $291,865 -0.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
6
Employees
48
Volunteers
12

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$25,589
Total Directors
8
$90,997
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROY TAU PRESIDENT / TRUSTEE 6.00
Officer Director
$0 $0 $0
JUDITH JACKSON VICE PRESIDENT / TRUSTEE 6.00
Officer Director
$0 $0 $0
BARRY LEFKOWITZ TREASURER / TRUSTEE 6.00
Officer Director
$0 $0 $0
MARCIANNA MORSE SECRETARY / TRUSTEE 40.00
Officer Director
$25,589 $0 $25,589
JOSH CARPENTER TRUSTEE 1.00
Director
$0 $0 $0
JON GLEICHER TRUSTEE 1.00
Director
$0 $0 $0
JAIME WALKER TRUSTEE 40.00
Director
$65,408 $0 $65,408
MARY WILDFEUER TRUSTEE 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $1,829,980 $1,758,668 $6,405,949 $71,312
2024 $2,141,532 $1,849,667 $6,219,574 $291,865
2023 $1,536,662 $1,725,935 $6,227,611 $-189,273
2022 $1,534,022 $1,250,681 $6,380,396 $283,341
2021 $1,474,172 $1,216,129 $6,270,201 $258,043
2020 $1,685,836 $1,585,036 $6,145,374 $100,800
2019 $1,613,560 $1,436,919 $5,892,455 $176,641
2018 $1,296,802 $1,324,970 $5,737,158 $-28,168
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