New Heart World Ministries
New Heart World Ministries is a private foundation focused on religion, based in Minneapolis, MN. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $41K in total assets.
New Heart World Ministries at a glance
- Total assets
- $41,198
- +119.6% vs 2024
- Revenue (2025)
- $66,367
- -26.2% vs 2024
- Expenses (2025)
- $43,930
- -59.9% vs 2024
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses |
|---|---|---|---|
| 2025 | $41,198 | $66,367 | $43,930 |
| 2024 | $18,761 | $89,879 | $109,464 |
| 2023 | $38,346 | $123,093 | $105,691 |
| 2022 | $20,944 | $102,634 | $132,463 |
| 2021 | $50,773 | $52,979 | $13,410 |
| 2020 | $11,204 | $20,905 | $15,863 |
| 2019 | $6,162 | $19,120 | $17,758 |
Leadership & Key People
Officers and directors from IRS filings
New Heart World Ministries is led by Andrew Vargas, President on every filing since 2019; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Andrew Vargas
President
On filings since 2019
6 hrs/week
No compensation reported
Eric Anderson
Secretary
On filings since 2019
6 hrs/week
No compensation reported
Dan Parotti
Treasurer
On filings since 2021
6 hrs/week
No compensation reported
Former officers (1)
- Former: Kim Masters (2019–2020) — Treasurer
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about New Heart World Ministries
How large is New Heart World Ministries?
New Heart World Ministries reported $41K in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $66K.
What is New Heart World Ministries?
New Heart World Ministries is a private foundation focused on religion, based in Minneapolis, MN. It holds $41K in total assets as of 2025.
What is New Heart World Ministries's EIN?
New Heart World Ministries's EIN (Employer Identification Number) is 20-5108471. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS July 8, 2020)
- Added Form 990-PF for fiscal year 2025 (received by the IRS August 9, 2026)
- IRS filings on file for fiscal years 2020–2024
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New Heart World Ministries down — hundreds of funders to go?