AI Transparency Report
Heart Haven Outreach demonstrates consistent financial growth over the past decade, with revenue increasing from $152,767 in 2014 to $441,471 in 2023. The organization generally operates with a surplus, as seen in 2023 where revenue of $441,471 exceeded expenses of $411,038. This indicates sound financial management and an ability to build reserves, with assets growing to $388,124 in 2023. The organization's liabilities are also well-managed, representing a relatively small portion of its assets.
Spending efficiency appears strong, particularly given the reported 0% officer compensation across all available filings. This suggests that a very high proportion of funds are directed towards program services and operational costs rather than executive salaries. While specific program spending percentages are not provided in the raw data, the absence of executive compensation is a positive indicator for donor confidence regarding how funds are utilized.
Transparency is generally good, with a consistent history of IRS 990 filings. The consistent reporting of 0% officer compensation is a key transparency point, indicating that the organization is either volunteer-led at the executive level or compensates its leadership through other means not categorized as officer compensation, which would warrant further inquiry for complete understanding. Overall, the financial health appears stable and growing, with a strong commitment to directing resources to its mission.