Heart Coalition Inc
Heart Coalition Inc shows consistent revenue growth and strong asset accumulation with zero liabilities.
EIN: 203016966 · Atlanta, GA · NTEE: E70 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $159K |
| Total Expenses | $160K |
| Program Spending | 75% |
| Net Assets | $411K |
| Transparency Score | 85/100 |
Is Heart Coalition Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Heart Coalition Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Heart Coalition Inc
Heart Coalition Inc (EIN: 203016966) is a nonprofit organization based in Atlanta, GA, classified under NTEE code E70. The organization reported total revenue of $159K and total assets of $431K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Heart Coalition Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Heart Coalition Inc is a small nonprofit that has been operating for 21 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 18.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $259K |
| Total Expenses | $160K |
| Surplus / Deficit | +$99K |
| Total Assets | $411K |
| Net Assets | $411K |
| Operating Margin | 38.4% |
| Months of Reserves | 30.9 months |
Financial Health Grade: A
In 2024, Heart Coalition Inc reported a surplus of $99K with revenue exceeding expenses, holds 30.9 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2011–2024), Heart Coalition Inc's revenue has grown at a compound annual growth rate (CAGR) of 18.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -28.8% | -38.4% | +31.9% |
| 2023 | +70.2% | +50.1% | +51.0% |
| 2022 | +14.5% | +110.4% | +25.1% |
| 2021 | +115.9% | +206.7% | +174.1% |
| 2020 | +1601.1% | +212.9% | +13195.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Heart Coalition Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Heart Coalition Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $99K, with revenue exceeding expenses.
Executive Compensation Analysis
Heart Coalition Inc reports 0% officer compensation across all available filings, indicating that its leadership either serves on a volunteer basis or receives compensation that is not categorized as officer pay, which is a positive sign for donor confidence and resource allocation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Heart Coalition Inc:
- Consistent revenue growth, from $5,085 in 2019 to $259,050 in 2024.
- Zero liabilities reported across all 14 filings, indicating strong financial management.
- Significant asset accumulation, growing from $453 in 2019 to $411,203 in 2024.
- Positive net income (revenue exceeding expenses) in most recent periods, contributing to asset growth.
- 0% officer compensation, suggesting efficient use of funds and potentially volunteer leadership.
Frequently Asked Questions about Heart Coalition Inc
Is Heart Coalition Inc a legitimate charity?
Heart Coalition Inc (EIN: 203016966) is a registered tax-exempt nonprofit based in Georgia. Our AI analysis gives it a Mission Score of 85/100. It has 14 years of IRS 990 filings on record. Total revenue: $159K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Heart Coalition Inc spend its money?
Heart Coalition Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Heart Coalition Inc tax-deductible?
Heart Coalition Inc is registered as a tax-exempt nonprofit (EIN: 203016966). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Heart Coalition Inc's spending goes to programs?
Heart Coalition Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Heart Coalition Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Heart Coalition Inc is above average for NTEE category E70 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Heart Coalition Inc located?
Heart Coalition Inc is headquartered in Atlanta, Georgia and files with the IRS under EIN 203016966. It is classified under NTEE code E70.
How many years of IRS 990 filings does Heart Coalition Inc have?
Heart Coalition Inc has 14 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 $159K in total revenue.
Is Heart Coalition Inc a good charity?
Based on the provided financial data, Heart Coalition Inc appears to be a financially sound organization. It consistently generates more revenue than expenses, has zero liabilities, and has significantly grown its assets from $453 in 2019 to $411,203 in 2024. The absence of officer compensation is also a positive indicator of efficient resource use.
How has Heart Coalition Inc's financial health changed over time?
Heart Coalition Inc has shown remarkable financial growth. Revenue has increased from $5,085 in 2019 to $259,050 in 2024, and assets have grown from $453 in 2019 to $411,203 in 2024. This indicates a strong upward trend in financial capacity and stability.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available filings, suggesting that executive leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is a strong positive for financial efficiency.
Filing History
IRS 990 filing history for Heart Coalition Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Heart Coalition Inc's revenue has grown by 763.5%, moving from $30K to $259K. Total assets increased by 24390.9% over the same period, from $2K to $411K. Total functional expenses rose by 441.9%, from $29K to $160K. In its most recent filing year (2024), Heart Coalition Inc reported a surplus of $99K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $259K | $160K | $411K | $0 | — | — |
| 2023 | $364K | $259K | $312K | $0 | — | View 990 |
| 2022 | $214K | $172K | $206K | $0 | — | View 990 |
| 2021 | $187K | $82K | $165K | $0 | — | View 990 |
| 2020 | $87K | $27K | $60K | $0 | — | View 990 |
| 2019 | $5K | $9K | $453 | $0 | — | View 990 |
| 2018 | $9K | $21K | $4K | $0 | — | — |
| 2017 | $39K | $25K | $16K | $0 | — | View 990 |
| 2016 | $50 | $3K | $3K | $0 | — | View 990 |
| 2015 | $4K | $3K | $6K | $0 | — | View 990 |
| 2014 | $16K | $11K | $5K | $0 | — | View 990 |
| 2013 | $8K | $6K | $809 | $0 | — | View 990 |
| 2012 | $0 | $3K | $559 | $1K | — | View 990 |
| 2011 | $30K | $29K | $2K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $259K, expenses of $160K, and assets of $411K (revenue -28.8% year-over-year).
- 2023: Revenue of $364K, expenses of $259K, and assets of $312K (revenue +70.2% year-over-year).
- 2022: Revenue of $214K, expenses of $172K, and assets of $206K (revenue +14.5% year-over-year).
- 2021: Revenue of $187K, expenses of $82K, and assets of $165K (revenue +115.9% year-over-year).
- 2020: Revenue of $87K, expenses of $27K, and assets of $60K (revenue +1601.1% year-over-year).
- 2019: Revenue of $5K, expenses of $9K, and assets of $453 (revenue -45.6% year-over-year).
- 2018: Revenue of $9K, expenses of $21K, and assets of $4K (revenue -75.9% year-over-year).
- 2017: Revenue of $39K, expenses of $25K, and assets of $16K (revenue +77454.0% year-over-year).
- 2016: Revenue of $50, expenses of $3K, and assets of $3K (revenue -98.6% year-over-year).
- 2015: Revenue of $4K, expenses of $3K, and assets of $6K (revenue -76.1% year-over-year).
- 2014: Revenue of $16K, expenses of $11K, and assets of $5K (revenue +93.3% year-over-year).
- 2013: Revenue of $8K, expenses of $6K, and assets of $809.
- 2012: Revenue of $0, expenses of $3K, and assets of $559 (revenue -100.0% year-over-year).
- 2011: Revenue of $30K, expenses of $29K, and assets of $2K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Heart Coalition Inc:
Data Sources and Methodology
This transparency report for Heart Coalition 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.