Caring Hearts Foundation Of Arkansas
EIN: 450689308 · Little Rock, AR · NTEE: G12
| Metric | Value |
|---|---|
| Total Revenue | $72K |
| Total Expenses | $65K |
| Net Assets | $33K |
Is Caring Hearts Foundation Of Arkansas Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Caring Hearts Foundation Of Arkansas
Caring Hearts Foundation Of Arkansas (EIN: 450689308) is a nonprofit organization based in Little Rock, AR, classified under NTEE code G12. The organization reported total revenue of $72K and total assets of $18K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Caring Hearts Foundation Of Arkansas's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Caring Hearts Foundation Of Arkansas is a micro nonprofit that has been operating for 15 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -10.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $72K |
| Total Expenses | $65K |
| Surplus / Deficit | +$7K |
| Total Assets | $33K |
| Total Liabilities | $1 |
| Net Assets | $33K |
| Operating Margin | 9.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 6.1 months |
Financial Health Grade: A
In 2023, Caring Hearts Foundation Of Arkansas reported a surplus of $7K with revenue exceeding expenses, holds 6.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Caring Hearts Foundation Of Arkansas's revenue has declined at a compound annual growth rate (CAGR) of -10.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.0% | +12.6% | +48.0% |
| 2022 | +0.0% | -37.7% | +187.5% |
| 2021 | +0.0% | +36.9% | -73.2% |
| 2020 | +0.0% | -19.0% | +15.6% |
| 2019 | -43.5% | +65.2% | -17.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Caring Hearts Foundation Of Arkansas 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 Caring Hearts Foundation Of Arkansas 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 $7K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Caring Hearts Foundation Of Arkansas
Is Caring Hearts Foundation Of Arkansas a legitimate charity?
Caring Hearts Foundation Of Arkansas (EIN: 450689308) is a registered tax-exempt nonprofit based in Arkansas. It has 10 years of IRS 990 filings on record. Total revenue: $72K. No red flags identified. Financial health grade: A.
How does Caring Hearts Foundation Of Arkansas spend its money?
Caring Hearts Foundation Of Arkansas reported $72K in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Caring Hearts Foundation Of Arkansas tax-deductible?
Caring Hearts Foundation Of Arkansas is registered as a tax-exempt nonprofit (EIN: 450689308). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Caring Hearts Foundation Of Arkansas located?
Caring Hearts Foundation Of Arkansas is headquartered in Little Rock, Arkansas and files with the IRS under EIN 450689308. It is classified under NTEE code G12.
How many years of IRS 990 filings does Caring Hearts Foundation Of Arkansas have?
Caring Hearts Foundation Of Arkansas has 10 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 $72K in total revenue.
Filing History
IRS 990 filing history for Caring Hearts Foundation Of Arkansas showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Caring Hearts Foundation Of Arkansas's revenue has declined by 73.2%, moving from $269K to $72K. Total assets increased by 1110.5% over the same period, from $3K to $33K. Total functional expenses rose by 690.2%, from $8K to $65K. In its most recent filing year (2023), Caring Hearts Foundation Of Arkansas reported a surplus of $7K, with revenue exceeding expenses. The organization holds $1 in liabilities against $33K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $33K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $72K | $65K | $33K | $1 | — | — |
| 2022 | $72K | $58K | $22K | $1 | — | View 990 |
| 2021 | $72K | $93K | $8K | $1 | — | View 990 |
| 2020 | $72K | $68K | $29K | $1 | — | — |
| 2019 | $72K | $84K | $25K | $1 | — | View 990 |
| 2015 | $127K | $51K | $30K | $1 | — | View 990 |
| 2014 | $373K | $32K | $5K | $1 | — | View 990 |
| 2013 | $360K | $30K | $8K | $1 | — | View 990 |
| 2012 | $305K | $28K | $8K | $1 | — | View 990 |
| 2011 | $269K | $8K | $3K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $72K, expenses of $65K, and assets of $33K (revenue +0.0% year-over-year).
- 2022: Revenue of $72K, expenses of $58K, and assets of $22K (revenue +0.0% year-over-year).
- 2021: Revenue of $72K, expenses of $93K, and assets of $8K (revenue +0.0% year-over-year).
- 2020: Revenue of $72K, expenses of $68K, and assets of $29K (revenue +0.0% year-over-year).
- 2019: Revenue of $72K, expenses of $84K, and assets of $25K (revenue -43.5% year-over-year).
- 2015: Revenue of $127K, expenses of $51K, and assets of $30K (revenue -65.9% year-over-year).
- 2014: Revenue of $373K, expenses of $32K, and assets of $5K (revenue +3.7% year-over-year).
- 2013: Revenue of $360K, expenses of $30K, and assets of $8K (revenue +18.2% year-over-year).
- 2012: Revenue of $305K, expenses of $28K, and assets of $8K (revenue +13.3% year-over-year).
- 2011: Revenue of $269K, expenses of $8K, and assets of $3K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Caring Hearts Foundation Of Arkansas:
Data Sources and Methodology
This transparency report for Caring Hearts Foundation Of Arkansas 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.