Quick charity verification for Heartland Realty Llc (EIN: 202901791)
Verdict: Heartland Realty Llc has notable concerns
10/100Mission Score
$6.8MRevenue
$75.5MAssets
4Red Flags
3Strengths
Red Flags
Consistent reporting of $0 expenses despite significant revenue and assets
Lack of transparency regarding operational costs and program spending
Unusual financial profile for an organization in housing development and management
Inability to assess spending efficiency or program impact due to missing expense data
Strengths
Consistent revenue generation over multiple years
Significant and growing asset base, indicating financial stability in terms of holdings
No reported officer compensation, suggesting resources are not being diverted to executive salaries
Spending Breakdown
How Heartland Realty Llc allocates its funds across programs, administration, and fundraising.
0%
Program Spending
Concerning — less than half to programs
0%
Admin Costs
Reasonable — admin costs in check
0%
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 Heartland Realty Llc
Is Heartland Realty Llc a legitimate charity?
Based on AI analysis of IRS 990 filings, Heartland Realty Llc (EIN: 202901791) has notable concerns. Mission Score: 10/100. 4 red flags identified, 3 strengths noted.
Is Heartland Realty Llc a good charity to donate to?
Heartland Realty Llc has a Mission Score of 10/100. Revenue: $6.8M. Assets: $75.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Heartland Realty Llc?
The Employer Identification Number (EIN) for Heartland Realty Llc is 202901791. 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 Heartland Realty Llc spend its money?
Heartland Realty Llc allocates 0% to programs, 0% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Heartland Realty Llc's tax-exempt status?
You can verify Heartland Realty Llc's tax-exempt status using EIN 202901791 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
Heartland Realty Llc exhibits an unusual financial profile for a nonprofit, consistently reporting substantial revenue without any corresponding expenses across all available filings. For example, in 2023, the organization reported $3,410,830 in revenue with $0 in expenses. This pattern, repeated over more than a decade, raises significant questions about its operational model and financial transparency. While assets have grown steadily from $39,911,853 in 2014 to $70,311,057 in 2023, the complete absence of reported expenses makes it impossible to assess spending efficiency or program delivery. The organization's NTEE code S47 (Housing Development, Construction & Management) suggests activities that typically incur significant costs, making the zero-expense reporting particularly perplexing and a major red flag for transparency and accountability.