Patrick Schoonover Heart Foundation
Nonprofit profile at a glance
- EIN
- 811763675
- IRS 990-EZ coverage
- 2016–2024
- Forms available
- Form 990 2023, Form 990-EZ 2024
- Location
- Shoreview, MN, USA
- Phone
- 6512836756
- Rating
- 92
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Public Health Program (Includes General Health and Wellness Promotion Services)
Reported finances
- Revenue
- $98,995
- Expenses
- $134,952
- Assets
- $255,110
- Liabilities
- $2,607
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- MICHAEL J SCHOONOVER (PRESIDENT)
People named in this filing
- MICHAEL J SCHOONOVER (PRESIDENT)
- GAYLE B SCHOONOVER (VICE PRESIDE)
- ANDREW J MUNTIFERING (TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The foundation was created to help protect young adults in the community from sudden cardiac arrest ("sca") by providing programs that permit early detection of heart defects and cardiovascular conditions, access to defibrillation and education that increases awareness. The foundation works collaboratively with medical professionals and other organizations to identify heart defects and eliminate sca in young adults by organizing and facilitating youth heart screenings and training students to perform "hands only" cardiopulmonary resuscitation ("cpr") and to use automated external defibrillators ("aed").
What it reported doing in 2024
Results: from august 2015 to october 2025, the foundation conducted 40 play for patrick heart screens. Screened 7,110 kids, found 469 with elevated blood pressure (with repeated check), 376 with abnormal electrical or structural heart defects, taught 5,893 kids & adults cpr & aed awareness and donated 25 aeds to area schools. For more information contact [email protected]
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 89% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 90
- Transparency & Controls: 100
- Sustainability: 36
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 99.7%; rating input score 100
- Program expense ratio: 73.2%; rating input score 73
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -36.3%; rating input score 16; 16th percentile among comparable filings
- Total-asset coverage ratio: 1.89; rating input score 64; 64th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 29; 29th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 13.2% per year; rating input score 100; 76th percentile among comparable filings
- Revenue growth: 12.7% per year; rating input score 100; 85th percentile among comparable filings
- Asset growth: 13.4% per year; rating input score 100; 78th percentile among comparable filings
Details
- Where the money goes: 99.7% of revenue deployed · 73.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $99K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 7 filing years from 2016 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 16/100.
- High — Sustainability: Liabilities to assets ratio scored 29/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.