Heart For Greenville
EIN: 352615941 · Greenville, NC · NTEE: W11
Is Heart For Greenville Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Heart For Greenville
Heart For Greenville (EIN: 352615941) is a nonprofit organization based in Greenville, NC, classified under NTEE code W11. The organization reported total revenue of $268K and total assets of $207K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Heart For Greenville's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Heart For Greenville is a small nonprofit that has been operating for 7 years, with 3 years of IRS 990 filings on record (2019–2021). Revenue has grown at a compound annual rate of 68.3%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $247K |
| Total Expenses | $170K |
| Surplus / Deficit | +$77K |
| Total Assets | $151K |
| Total Liabilities | $3K |
| Net Assets | $148K |
| Operating Margin | 31.1% |
| Debt-to-Asset Ratio | 2.2% |
| Months of Reserves | 10.7 months |
Financial Health Grade: A
In 2021, Heart For Greenville reported a surplus of $77K with revenue exceeding expenses, holds 10.7 months of operating reserves (strong position), has a debt-to-asset ratio of 2.2% (very low leverage).
Financial Trends
Over 3 years of filings (2019–2021), Heart For Greenville's revenue has grown at a compound annual growth rate (CAGR) of 68.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +30.2% | -4.0% | +101.6% |
| 2020 | +117.5% | +71.7% | +23.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Heart For Greenville 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 Heart For Greenville 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $77K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.2%.
Frequently Asked Questions about Heart For Greenville
Is Heart For Greenville a legitimate charity?
Based on AI analysis of IRS 990 filings, Heart For Greenville (EIN: 352615941) insufficient data. 0 red flags identified, 0 strengths noted.
How does Heart For Greenville spend its money?
Detailed spending breakdown data is not yet available for Heart For Greenville. Check back for updated IRS 990 analysis.
Are donations to Heart For Greenville tax-deductible?
Heart For Greenville is registered as a tax-exempt nonprofit (EIN: 352615941). 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 Heart For Greenville showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2019–2021), Heart For Greenville's revenue has grown by 183.2%, moving from $87K to $247K. Total assets increased by 148.3% over the same period, from $61K to $151K. Total functional expenses rose by 64.9%, from $103K to $170K. In its most recent filing year (2021), Heart For Greenville reported a surplus of $77K, with revenue exceeding expenses. The organization holds $3K in liabilities against $151K in assets (debt-to-asset ratio: 2.2%), resulting in net assets of $148K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $247K | $170K | $151K | $3K | — | — |
| 2020 | $189K | $177K | $75K | $4K | — | View 990 |
| 2019 | $87K | $103K | $61K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $247K, expenses of $170K, and assets of $151K (revenue +30.2% year-over-year).
- 2020: Revenue of $189K, expenses of $177K, and assets of $75K (revenue +117.5% year-over-year).
- 2019: Revenue of $87K, expenses of $103K, and assets of $61K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Heart For Greenville:
Data Sources and Methodology
This transparency report for Heart For Greenville 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.