Heart Of A Child Ministries Inc
EIN: 462816323 · Omaha, NE · NTEE: X22
| Metric | Value |
|---|---|
| Total Revenue | $128K |
| Total Expenses | $123K |
| Net Assets | $165K |
Is Heart Of A Child Ministries Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Heart Of A Child Ministries Inc
Heart Of A Child Ministries Inc (EIN: 462816323) is a nonprofit organization based in Omaha, NE, classified under NTEE code X22. The organization reported total revenue of $128K and total assets of $102K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Heart Of A Child Ministries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Heart Of A Child Ministries Inc is a small nonprofit that has been operating for 12 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of 72.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $217K |
| Total Expenses | $123K |
| Surplus / Deficit | +$94K |
| Total Assets | $166K |
| Total Liabilities | $1K |
| Net Assets | $165K |
| Operating Margin | 43.2% |
| Debt-to-Asset Ratio | 0.8% |
| Months of Reserves | 16.2 months |
Financial Health Grade: A
In 2023, Heart Of A Child Ministries Inc reported a surplus of $94K with revenue exceeding expenses, holds 16.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.8% (very low leverage).
Financial Trends
Over 3 years of filings (2021–2023), Heart Of A Child Ministries Inc's revenue has grown at a compound annual growth rate (CAGR) of 72.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +34.1% | +11.4% | +133.4% |
| 2022 | +122.6% | +62.4% | +255.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Heart Of A Child Ministries 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 Heart Of A Child Ministries 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 $94K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.8%.
Frequently Asked Questions about Heart Of A Child Ministries Inc
Is Heart Of A Child Ministries Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Heart Of A Child Ministries Inc (EIN: 462816323) insufficient data. 0 red flags identified, 0 strengths noted.
How does Heart Of A Child Ministries Inc spend its money?
Detailed spending breakdown data is not yet available for Heart Of A Child Ministries Inc. Check back for updated IRS 990 analysis.
Are donations to Heart Of A Child Ministries Inc tax-deductible?
Heart Of A Child Ministries Inc is registered as a tax-exempt nonprofit (EIN: 462816323). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Heart Of A Child Ministries Inc located?
Heart Of A Child Ministries Inc is headquartered in Omaha, Nebraska and files with the IRS under EIN 462816323. It is classified under NTEE code X22.
How many years of IRS 990 filings does Heart Of A Child Ministries Inc have?
Heart Of A Child Ministries Inc has 3 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 $128K in total revenue.
Filing History
IRS 990 filing history for Heart Of A Child Ministries Inc showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Heart Of A Child Ministries Inc's revenue has grown by 198.5%, moving from $73K to $217K. Total assets increased by 730.1% over the same period, from $20K to $166K. Total functional expenses rose by 81%, from $68K to $123K. In its most recent filing year (2023), Heart Of A Child Ministries Inc reported a surplus of $94K, with revenue exceeding expenses. The organization holds $1K in liabilities against $166K in assets (debt-to-asset ratio: 0.8%), resulting in net assets of $165K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $217K | $123K | $166K | $1K | — | — |
| 2022 | $161K | $110K | $71K | $0 | — | View 990 |
| 2021 | $73K | $68K | $20K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $217K, expenses of $123K, and assets of $166K (revenue +34.1% year-over-year).
- 2022: Revenue of $161K, expenses of $110K, and assets of $71K (revenue +122.6% year-over-year).
- 2021: Revenue of $73K, expenses of $68K, and assets of $20K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Heart Of A Child Ministries Inc:
Data Sources and Methodology
This transparency report for Heart Of A Child Ministries 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.