ONE HEART SOURCE

EIN: 800151663 501(c)(3) Diseases & Disorders

PASADENA, CA

Total Revenue
$39,432
Total Expenses
$70,663
Total Assets
$40,355
Net Assets
$25,480
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
CA
Principal Officer
HORIA MOROAICA
Phone
9495257408
Tax Period
2021-01-01 to 2021-12-31

ONE HEART SOURCE, founded in 2008, is a micro nonprofit in the Diseases & Disorders sector that reported $39K in total revenue in fiscal year 2021. Revenue fell 54% from the prior year — a significant decline worth monitoring. Expenses of $71K exceeded revenue, resulting in a 79% operating deficit.

Mission

THE MISSION AND VISION OF ONE HEART SOURCE EXTENDS THROUGHOUT THE WORLD, AS VULNERABLE POPULATIONS CONTINUE TO BE MARGINALIZED GLOBALLY AND INJUSTICE ANYWHERE IS A THREAT TO JUSTICE EVERYWHERE. THE LONG-TERM GOAL OF OUR PROGRAMS IS TO CONNECT MENTORS, STUDENTS, AND COMMUNITIES FROM MANY NATIONS INTO AN INTERNATIONAL COMMUNITY OF PEOPLE WHO SUPPORT EACH OTHER AND STRIVE FOR GREATNESS IN EDUCATION AND LIFE.

Program Service Accomplishments

Program 1
Expenses: $67,069

ONE HEART SOURCE (OHS) OPERATES SOCIAL UPLIFT PROGRAMS DESIGNED TO EMPOWER INDIVIDUALS, PARTICULARLY VULNERABLE CHILDREN, LIVING WITHIN MARGINALIZED POPULATIONS GLOBALLY. IN 2021, OHS OPERATED TWO...

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ONE HEART SOURCE (OHS) OPERATES SOCIAL UPLIFT PROGRAMS DESIGNED TO EMPOWER INDIVIDUALS, PARTICULARLY VULNERABLE CHILDREN, LIVING WITHIN MARGINALIZED POPULATIONS GLOBALLY. IN 2021, OHS OPERATED TWO MAIN BRANCHES OF UPLIFT PROGRAMS: CHILDREN'S WELFARE IN TANZANIA AND THE GLOBAL OHS COLLECTIVE. IN 2021, PROGRAMS IN TANZANIA WERE FOCUSED ON PROVIDING HIGH-QUALITY EDUCATION AND CARE TO VULNERABLE YOUTH VIA THE OHS CHILDREN'S WELFARE NETWORK IN ARUSHA, TANZANIA. THE PURPOSE OF THE OHS CHILDREN'S WELFARE NETWORK IS TO SUPPORT THE WELL-BEING, GROWTH, AND DEVELOPMENT OF VULNERABLE, ABANDONED, AND ORPHANED CHILDREN IN TANZANIA. THIS IS ACHIEVED THROUGH A MOBILE SOCIAL WELFARE NETWORK THAT DESIGNS AND IMPLEMENTS SUSTAINABLE LIFE PATHS FOR EACH ENROLLED CHILD BASED ON THEIR AVAILABLE WEB OF CARE AND ACADEMIC OPPORTUNITIES. OHS WORKS WITH TANZANIAN SOCIAL WORKERS AND THE CHILD'S SURVIVING FAMILY MEMBERS TO CAREFULLY RESEARCH THE FAMILY HISTORY AND AVAILABLE NETWORK OF CARE FOR EVERY CHILD ENROLLED IN ONE HEART SOURCE. REINTEGRATION INTO THE CHILD'S BIOLOGICAL FAMILY IS CONSIDERED TO BE IN THE BEST INTEREST OF THE CHILD WHENEVER POSSIBLE, THROUGH CAPACITY BUILDING AND CAREFUL TRIALS AND MONITORING, AS IT CREATES A LONG-TERM, NON-INSTITUTIONAL SOLUTION FOR THE CHILD. IN THIS CAPACITY, THE OHS WELFARE NETWORK SERVES AS THE BRIDGE TO A LONG-TERM POSITIVE SOLUTION FOR EACH CHILD, PROVIDING COMPREHENSIVE RESOURCES TO SUPPORT THE OVERALL WELLBEING OF THE CHILD. CHILDREN'S INDIVIDUAL LIFE PATHS ARE CAREFULLY MONITORED BY OHS SOCIAL WORKERS, AND CAREGIVERS IN ORDER TO ENSURE THAT THEY RECEIVE THE SUPPORT THEY NEED TO GROW, LEARN AND BECOME CONTRIBUTING MEMBERS OF THEIR COMMUNITIES. THIS SUPPORT INCLUDES, BUT IS NOT LIMITED TO: EDUCATION - SCHOLARSHIPS FOR EDUCATION, SCHOOL SUPPLIES, EXTRACURRICULAR ACTIVITIES, AND OTHER SCHOOL-RELATED NECESSITIES; HEALTH - ACCESS TO HIGH QUALITY MEDICAL AND DENTAL CARE; NUTRITION - HEALTHY, NUTRITIOUS FOOD AND CLEAN WATER; JOY - ENTERTAINMENT, EXCURSIONS, AND PLAY; AND GENERALLY MAXIMIZING LIFE OPPORTUNITY. OVERALL, THE GOAL OF ONE HEART SOURCE IS TO OFFER EACH CHILD IT SERVES THE HIGHEST QUALITY OF LIFE POSSIBLE BY IMPROVING THE QUALITY OF DAILY NUTRITION, ACADEMIC AND SOCIAL LEARNING, PERSONAL CARE AND ATTENTION, OPPORTUNITY, CHOICE, AND FREEDOM. ONE HEART SOURCE IS CONSTANTLY REFINING ITS ORGANIZATIONAL MODEL AND METHODOLOGY IN ORDER TO MEET THE ANTICIPATED NEEDS OF THE CHILDREN UNDER ITS CARE TO ENSURE THAT THEY HAVE THE BRIGHTEST FUTURE POSSIBLE. PROGRAMS IN CAPE TOWN, SOUTH AFRICA, WERE SIGNIFICANTLY DISRUPTED IN 2021 DUE TO COVID-19 AND THE ASSOCIATED TRAVEL RESTRICTIONS. SINCE THIS PROGRAM DEPENDS ON INTERNATIONAL MENTORS COLLABORATING WITH SOUTH AFRICAN STUDENTS WE WERE NOT ABLE TO CONDUCT OUR PROGRAMS. ALTHOUGH SIGNIFICANT YEAR-LONG PREPARATIONS WERE MADE TO OPERATE ANOTHER YEAR OF MEANINGFUL GROWTH WITH OVER 40 INTERNATIONAL UNIVERSITY MENTORS, OHS WAS FORCED TO CANCEL PROGRAMS IN COMPLIANCE WITH U.S. AND SOUTH AFRICAN TRAVEL RESTRICTIONS. ONE HEART SOURCE FUNCTIONS AS A COLLECTIVE OF INDIVIDUALS WHO WORK TOWARDS SOCIAL CHANGE TOGETHER AS A GLOBAL COMMUNITY. SINCE 2008, THE TRANSFORMATIVE PARTNERSHIPS CREATED BY OHS PROGRAMS HAVE RESULTED IN MORE THAN 1,500 VOLUNTEERS FROM AROUND THE WORLD CONNECTING IN COMMUNITIES THROUGHOUT THE WORLD. OHS MEMBERS REPRESENT MORE THAN 50 NATIONALITIES AND HAVE HAILED FROM MORE THAN 140 DIFFERENT UNIVERSITIES. STAFF, VOLUNTEERS, AND PROGRAMS ARE LOCATED IN MULTIPLE LOCATIONS, AND INTERNATIONAL COLLABORATION VIA TRAVEL AND COMMUNICATION SERVICES ARE INTEGRAL TO THE DEVELOPMENT AND MANAGEMENT OF PROGRAMS. THE LONG-TERM GOAL OF OUR PROGRAMS IS TO CONNECT MENTORS, STUDENTS, AND COMMUNITIES FROM MANY NATIONS INTO AN INTERNATIONAL COMMUNITY OF PEOPLE WHO SUPPORT EACH OTHER AND STRIVE FOR GREATNESS IN EDUCATION AND LIFE.

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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 (2021)

Revenue Breakdown

Contributions & Grants $39,432
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $39,432

Expense Breakdown

Grants Paid $25,977
Salaries & Benefits $30,198
Fundraising Expenses $1,763
Program Expenses $67,069
Other Expenses $14,488
TOTAL EXPENSES $70,663

Year-over-Year Comparison

2021 2020 Change
Revenue $39,432 $85,134 -0.5%
Expenses $70,663 $97,154 -0.3%
Net Income $-31,231 $-12,020 +1.6%
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
3
Independent Members
2
Employees
2
Volunteers
1

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
1
$10,500
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HORIA MOROAICA PRESIDENT 40.00
Officer
$10,500 $0 $10,500
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
2021 $39,432 $70,663 $40,355 $-31,231
2020 $85,134 $97,154 $71,585 $-12,020
2019 $334,041 $293,746 $83,605 $40,295
2018 $361,003 $401,850 $42,530 $-40,847
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