Head & Heart Foundation Tr
EIN: 376701408 · Wilmington, DE · NTEE: T20
Is Head & Heart Foundation Tr Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Head & Heart Foundation Tr
Head & Heart Foundation Tr (EIN: 376701408) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T20. The organization reported total revenue of $91.9M and total assets of $245.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Head & Heart Foundation Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Head & Heart Foundation Tr 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 Head & Heart Foundation Tr 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.
Frequently Asked Questions about Head & Heart Foundation Tr
Is Head & Heart Foundation Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, Head & Heart Foundation Tr (EIN: 376701408) insufficient data. 0 red flags identified, 0 strengths noted.
How does Head & Heart Foundation Tr spend its money?
Detailed spending breakdown data is not yet available for Head & Heart Foundation Tr. Check back for updated IRS 990 analysis.
Are donations to Head & Heart Foundation Tr tax-deductible?
Head & Heart Foundation Tr is registered as a tax-exempt nonprofit (EIN: 376701408). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Head & Heart Foundation Tr showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Head & Heart Foundation Tr's revenue has grown by 25305.2%, moving from $15K to $3.8M. Total assets increased by 28.8% over the same period, from $186.9M to $240.7M. In its most recent filing year (2023), Head & Heart Foundation Tr reported a deficit of $9.8M, with expenses exceeding revenue. The organization holds $1 in liabilities against $240.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $240.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $3.8M | $13.6M | $240.7M | $1 | — | — |
| 2022 | $5.6M | $14.9M | $250.5M | $1 | — | View 990 |
| 2021 | $16.9M | $9.6M | $258.9M | $1 | — | — |
| 2020 | $550K | $2.6M | $251.3M | $1 | — | — |
| 2019 | $15K | $0 | $186.9M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.8M, expenses of $13.6M, and assets of $240.7M (revenue -32.2% year-over-year).
- 2022: Revenue of $5.6M, expenses of $14.9M, and assets of $250.5M (revenue -66.6% year-over-year).
- 2021: Revenue of $16.9M, expenses of $9.6M, and assets of $258.9M (revenue +2968.0% year-over-year).
- 2020: Revenue of $550K, expenses of $2.6M, and assets of $251.3M (revenue +3561.3% year-over-year).
- 2019: Revenue of $15K, expenses of $0, and assets of $186.9M.
Data Sources and Methodology
This transparency report for Head & Heart Foundation Tr 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.