Quick charity verification for Heart Coalition Inc (EIN: 203016966)
Verdict: Heart Coalition Inc appears trustworthy
85/100Mission Score
$159KRevenue
$431KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent revenue growth, from $5,085 in 2019 to $259,050 in 2024.
Zero liabilities reported across all 14 filings, indicating strong financial management.
Significant asset accumulation, growing from $453 in 2019 to $411,203 in 2024.
Positive net income (revenue exceeding expenses) in most recent periods, contributing to asset growth.
0% officer compensation, suggesting efficient use of funds and potentially volunteer leadership.
Spending Breakdown
How Heart Coalition Inc allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
10%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Heart Coalition Inc
Is Heart Coalition Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Heart Coalition Inc (EIN: 203016966) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
Is Heart Coalition Inc a good charity to donate to?
Heart Coalition Inc has a Mission Score of 85/100. Revenue: $159K. Assets: $431K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Heart Coalition Inc?
The Employer Identification Number (EIN) for Heart Coalition Inc is 203016966. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Heart Coalition Inc spend its money?
Heart Coalition Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Heart Coalition Inc's tax-exempt status?
You can verify Heart Coalition Inc's tax-exempt status using EIN 203016966 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Heart Coalition Inc demonstrates a generally healthy financial trajectory, marked by consistent revenue growth and a strong asset base. In the latest filing (202406), the organization reported revenues of $259,050 against expenses of $159,581, indicating a surplus that contributes to its growing assets, which stood at $411,203. The organization has maintained zero liabilities across all reported periods, which is a significant indicator of financial stability and responsible management. While specific breakdowns of program, administrative, and fundraising expenses are not detailed in the provided summary, the overall financial health appears robust, with a clear capacity to fund its mission. The absence of officer compensation also suggests a lean operational structure, potentially relying on volunteer efforts or modest staffing.