Quick charity verification for Joshuas Heart Foundation Inc (EIN: 142012279)
Verdict: Joshuas Heart Foundation Inc appears trustworthy
95/100Mission Score
$587KRevenue
$307KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent financial surpluses in most years (e.g., $58,698 surplus in 202312).
Zero reported officer compensation across all filings, indicating high program efficiency.
Significant and consistent asset growth over the past decade (from $693 in 2015 to $276,137 in 2023).
Strong revenue generation, with a peak of over $1.7 million in 2020.
Excellent transparency with 13 consistent IRS 990 filings.
Spending Breakdown
How Joshuas Heart Foundation Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
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 Joshuas Heart Foundation Inc
Is Joshuas Heart Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Joshuas Heart Foundation Inc (EIN: 142012279) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
Is Joshuas Heart Foundation Inc a good charity to donate to?
Joshuas Heart Foundation Inc has a Mission Score of 95/100. Revenue: $587K. Assets: $307K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Joshuas Heart Foundation Inc?
The Employer Identification Number (EIN) for Joshuas Heart Foundation Inc is 142012279. 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 Joshuas Heart Foundation Inc spend its money?
Joshuas Heart Foundation Inc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Joshuas Heart Foundation Inc's tax-exempt status?
You can verify Joshuas Heart Foundation Inc's tax-exempt status using EIN 142012279 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
Joshuas Heart Foundation Inc demonstrates a generally healthy financial trajectory, with consistent revenue generation and asset growth over the past decade. The organization's latest filing (202312) shows revenue of $682,670 against expenses of $623,972, indicating a surplus. Assets have grown significantly from $693 in 2015 to $276,137 in 2023, suggesting prudent financial management and accumulation of resources. The organization's liabilities are also well-managed, standing at $55,984 in 2023, which is a reasonable proportion of its assets.
Spending efficiency appears strong, as evidenced by the consistent surpluses in most years, indicating that expenses are generally kept below revenue. The absence of reported officer compensation across all filings is a significant positive indicator for program focus and efficient use of funds. This suggests that a very high percentage of donations are likely directed towards the mission rather than administrative overhead related to executive salaries.
Transparency is high given the consistent filing of IRS 990 forms over 13 periods, providing a comprehensive financial history. The detailed breakdown of revenue, expenses, assets, and liabilities in each filing allows for thorough public scrutiny. The lack of officer compensation further enhances the perception of transparency and dedication to the cause.