Quick charity verification for Heart Gallery Of Alabama Inc (EIN: 203026109)
Verdict: Heart Gallery Of Alabama Inc appears trustworthy
90/100Mission Score
$1.6MRevenue
$1.3MAssets
2Red Flags
5Strengths
Red Flags
Unusually low liabilities relative to assets, which could indicate conservative accounting or minimal debt, but warrants further investigation into operational funding if not primarily grant-funded.
The consistent 0% officer compensation is unusual for an organization of this size and could imply that key leadership roles are volunteer-based or compensated through non-officer categories, which might not be fully transparent without deeper review.
Strengths
Consistent revenue growth over the past decade, from $217,910 in 2014 to $576,405 in 2023.
Strong financial stability with assets ($966,539 in 2023) significantly exceeding liabilities ($131,922 in 2023).
No reported officer compensation across all 13 filings, indicating a strong commitment to program spending and transparency.
Positive net income in most years, allowing for asset growth and reinvestment into the mission.
Efficient spending, as evidenced by expenses generally being well below revenue, creating a surplus for the organization.
Spending Breakdown
How Heart Gallery Of Alabama Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Gallery Of Alabama Inc
Is Heart Gallery Of Alabama Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Heart Gallery Of Alabama Inc (EIN: 203026109) appears trustworthy. Mission Score: 90/100. 2 red flags identified, 5 strengths noted.
Is Heart Gallery Of Alabama Inc a good charity to donate to?
Heart Gallery Of Alabama Inc has a Mission Score of 90/100. Revenue: $1.6M. Assets: $1.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Heart Gallery Of Alabama Inc?
The Employer Identification Number (EIN) for Heart Gallery Of Alabama Inc is 203026109. 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 Gallery Of Alabama Inc spend its money?
Heart Gallery Of Alabama Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Heart Gallery Of Alabama Inc's tax-exempt status?
You can verify Heart Gallery Of Alabama Inc's tax-exempt status using EIN 203026109 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 Gallery Of Alabama Inc demonstrates a generally healthy financial trajectory, with consistent revenue growth over the past decade, culminating in $576,405 in revenue for the 2023 fiscal year. The organization has maintained a strong asset base, reaching $966,539 in 2023, significantly exceeding its liabilities of $131,922, indicating good financial stability. Spending efficiency appears strong, as evidenced by expenses of $423,105 against revenues of $576,405 in 2023, suggesting a surplus that can be reinvested into programs or reserves. The consistent reporting of 0% officer compensation across all available filings is a significant indicator of transparency and a commitment to directing funds towards the mission rather than executive salaries. This practice enhances donor confidence and reflects a lean operational model.
The organization's financial health has shown resilience, particularly in navigating periods where expenses briefly exceeded revenue, such as in 2022 ($539,881 expenses vs. $430,653 revenue), without significantly impacting its long-term asset growth. The NTEE code P40 (Children & Youth Services) aligns with their mission, and the financial data supports a focus on program delivery. The absence of reported officer compensation across all filings is a notable strength in terms of transparency and resource allocation, suggesting that leadership may be volunteer-based or compensated through other means not classified as officer compensation on the 990, which is a positive sign for a nonprofit of this size.