Art With A Heart In Healthcare Inc
EIN: 261313805 · Jacksonville, FL · NTEE: A20
| Metric | Value |
|---|---|
| Total Revenue | $763K |
| Total Expenses | $471K |
| Net Assets | $569K |
Is Art With A Heart In Healthcare Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Art With A Heart In Healthcare Inc
Art With A Heart In Healthcare Inc (EIN: 261313805) is a nonprofit organization based in Jacksonville, FL, classified under NTEE code A20. The organization reported total revenue of $763K and total assets of $909K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Art With A Heart In Healthcare Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Art With A Heart In Healthcare Inc is a small nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $631K |
| Total Expenses | $471K |
| Surplus / Deficit | +$160K |
| Total Assets | $717K |
| Total Liabilities | $148K |
| Net Assets | $569K |
| Operating Margin | 25.3% |
| Debt-to-Asset Ratio | 20.6% |
| Months of Reserves | 18.3 months |
Financial Health Grade: A
In 2023, Art With A Heart In Healthcare Inc reported a surplus of $160K with revenue exceeding expenses, holds 18.3 months of operating reserves (strong position), has a debt-to-asset ratio of 20.6% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Art With A Heart In Healthcare Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +31.4% | +19.3% | +29.0% |
| 2022 | +27.2% | +26.4% | +21.2% |
| 2021 | -5.1% | -0.4% | +23.6% |
| 2020 | +6.2% | -1.9% | +24.8% |
| 2019 | +10.3% | +8.7% | +27.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Art With A Heart In Healthcare Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Art With A Heart In Healthcare Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $160K, with revenue exceeding expenses.
- Debt-to-asset ratio: 20.6%.
Frequently Asked Questions about Art With A Heart In Healthcare Inc
Is Art With A Heart In Healthcare Inc a legitimate charity?
Art With A Heart In Healthcare Inc (EIN: 261313805) is a registered tax-exempt nonprofit based in Florida. It has 13 years of IRS 990 filings on record. Total revenue: $763K. No red flags identified. Financial health grade: A.
How does Art With A Heart In Healthcare Inc spend its money?
Art With A Heart In Healthcare Inc reported $763K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Art With A Heart In Healthcare Inc tax-deductible?
Art With A Heart In Healthcare Inc is registered as a tax-exempt nonprofit (EIN: 261313805). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Art With A Heart In Healthcare Inc located?
Art With A Heart In Healthcare Inc is headquartered in Jacksonville, Florida and files with the IRS under EIN 261313805. It is classified under NTEE code A20.
How many years of IRS 990 filings does Art With A Heart In Healthcare Inc have?
Art With A Heart In Healthcare Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $763K in total revenue.
Filing History
IRS 990 filing history for Art With A Heart In Healthcare Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Art With A Heart In Healthcare Inc's revenue has grown by 148.5%, moving from $254K to $631K. Total assets increased by 246.1% over the same period, from $207K to $717K. Total functional expenses rose by 151.1%, from $188K to $471K. In its most recent filing year (2023), Art With A Heart In Healthcare Inc reported a surplus of $160K, with revenue exceeding expenses. The organization holds $148K in liabilities against $717K in assets (debt-to-asset ratio: 20.6%), resulting in net assets of $569K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $631K | $471K | $717K | $148K | — | — |
| 2022 | $480K | $395K | $556K | $147K | — | View 990 |
| 2021 | $377K | $313K | $459K | $134K | — | View 990 |
| 2020 | $398K | $314K | $371K | $112K | — | View 990 |
| 2019 | $375K | $320K | $298K | $122K | — | View 990 |
| 2018 | $340K | $294K | $233K | $112K | — | View 990 |
| 2017 | $292K | $283K | $203K | $127K | — | View 990 |
| 2016 | $283K | $273K | $175K | $108K | — | View 990 |
| 2015 | $268K | $282K | $136K | $79K | — | View 990 |
| 2014 | $229K | $278K | $162K | $92K | — | View 990 |
| 2013 | $196K | $201K | $205K | $86K | — | View 990 |
| 2012 | $215K | $214K | $205K | $81K | — | View 990 |
| 2011 | $254K | $188K | $207K | $83K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $631K, expenses of $471K, and assets of $717K (revenue +31.4% year-over-year).
- 2022: Revenue of $480K, expenses of $395K, and assets of $556K (revenue +27.2% year-over-year).
- 2021: Revenue of $377K, expenses of $313K, and assets of $459K (revenue -5.1% year-over-year).
- 2020: Revenue of $398K, expenses of $314K, and assets of $371K (revenue +6.2% year-over-year).
- 2019: Revenue of $375K, expenses of $320K, and assets of $298K (revenue +10.3% year-over-year).
- 2018: Revenue of $340K, expenses of $294K, and assets of $233K (revenue +16.2% year-over-year).
- 2017: Revenue of $292K, expenses of $283K, and assets of $203K (revenue +3.3% year-over-year).
- 2016: Revenue of $283K, expenses of $273K, and assets of $175K (revenue +5.5% year-over-year).
- 2015: Revenue of $268K, expenses of $282K, and assets of $136K (revenue +17.2% year-over-year).
- 2014: Revenue of $229K, expenses of $278K, and assets of $162K (revenue +17.1% year-over-year).
- 2013: Revenue of $196K, expenses of $201K, and assets of $205K (revenue -9.0% year-over-year).
- 2012: Revenue of $215K, expenses of $214K, and assets of $205K (revenue -15.4% year-over-year).
- 2011: Revenue of $254K, expenses of $188K, and assets of $207K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Art With A Heart In Healthcare Inc:
Data Sources and Methodology
This transparency report for Art With A Heart In Healthcare Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.