Champs Heart Inc
EIN: 371939190 · Idaho Falls, ID · NTEE: E60
| Metric | Value |
|---|---|
| Total Revenue | $522K |
| Total Expenses | $312K |
| Net Assets | $543K |
Is Champs Heart Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Champs Heart Inc
Champs Heart Inc (EIN: 371939190) is a nonprofit organization based in Idaho Falls, ID, classified under NTEE code E60. The organization reported total revenue of $522K and total assets of $835K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Champs Heart Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Champs Heart Inc is a small nonprofit that has been operating for 7 years, with 4 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 105.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $500K |
| Total Expenses | $312K |
| Surplus / Deficit | +$188K |
| Total Assets | $1.4M |
| Total Liabilities | $878K |
| Net Assets | $543K |
| Operating Margin | 37.5% |
| Debt-to-Asset Ratio | 61.8% |
| Months of Reserves | 54.6 months |
Financial Health Grade: A
In 2023, Champs Heart Inc reported a surplus of $188K with revenue exceeding expenses, holds 54.6 months of operating reserves (strong position), has a debt-to-asset ratio of 61.8% (high leverage).
Financial Trends
Over 4 years of filings (2019–2023), Champs Heart Inc's revenue has grown at a compound annual growth rate (CAGR) of 105.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.3% | +6.6% | +4.3% |
| 2022 | +69.7% | +141.4% | +12.6% |
| 2021 | +860.2% | +351.0% | +133163.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Champs Heart 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 Champs Heart 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 $188K, with revenue exceeding expenses.
- Debt-to-asset ratio: 61.8%.
Frequently Asked Questions about Champs Heart Inc
Is Champs Heart Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Champs Heart Inc (EIN: 371939190) insufficient data. 0 red flags identified, 0 strengths noted.
How does Champs Heart Inc spend its money?
Detailed spending breakdown data is not yet available for Champs Heart Inc. Check back for updated IRS 990 analysis.
Are donations to Champs Heart Inc tax-deductible?
Champs Heart Inc is registered as a tax-exempt nonprofit (EIN: 371939190). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Champs Heart Inc located?
Champs Heart Inc is headquartered in Idaho Falls, Idaho and files with the IRS under EIN 371939190. It is classified under NTEE code E60.
How many years of IRS 990 filings does Champs Heart Inc have?
Champs Heart Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $522K in total revenue.
Filing History
IRS 990 filing history for Champs Heart Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2019–2023), Champs Heart Inc's revenue has grown by 1697.9%, moving from $28K to $500K. Total assets increased by 156387.4% over the same period, from $908 to $1.4M. Total functional expenses rose by 1060.9%, from $27K to $312K. In its most recent filing year (2023), Champs Heart Inc reported a surplus of $188K, with revenue exceeding expenses. The organization holds $878K in liabilities against $1.4M in assets (debt-to-asset ratio: 61.8%), resulting in net assets of $543K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $500K | $312K | $1.4M | $878K | — | View 990 |
| 2022 | $453K | $293K | $1.4M | $1.0M | — | View 990 |
| 2021 | $267K | $121K | $1.2M | $1.0M | — | View 990 |
| 2019 | $28K | $27K | $908 | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $500K, expenses of $312K, and assets of $1.4M (revenue +10.3% year-over-year).
- 2022: Revenue of $453K, expenses of $293K, and assets of $1.4M (revenue +69.7% year-over-year).
- 2021: Revenue of $267K, expenses of $121K, and assets of $1.2M (revenue +860.2% year-over-year).
- 2019: Revenue of $28K, expenses of $27K, and assets of $908.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Champs Heart Inc:
Data Sources and Methodology
This transparency report for Champs Heart 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.