Heart Of Arkansas United Way
EIN: 710329790 · Little Rock, AR · NTEE: T70Z
| Metric | Value |
|---|---|
| Total Revenue | $4.3M |
| Total Expenses | $1.2M |
| Net Assets | $2.6M |
Is Heart Of Arkansas United Way 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 Arkansas United Way
Heart Of Arkansas United Way (EIN: 710329790) is a nonprofit organization based in Little Rock, AR, classified under NTEE code T70Z. The organization reported total revenue of $4.3M and total assets of $5.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Heart Of Arkansas United Way's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Heart Of Arkansas United Way is a mid-size nonprofit that has been operating for 66 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -5.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $1.2M |
| Surplus / Deficit | +$211K |
| Total Assets | $2.8M |
| Total Liabilities | $287K |
| Net Assets | $2.6M |
| Operating Margin | 15.1% |
| Debt-to-Asset Ratio | 10.1% |
| Months of Reserves | 28.7 months |
Financial Health Grade: A
In 2023, Heart Of Arkansas United Way reported a surplus of $211K with revenue exceeding expenses, holds 28.7 months of operating reserves (strong position), has a debt-to-asset ratio of 10.1% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), Heart Of Arkansas United Way's revenue has declined at a compound annual growth rate (CAGR) of -5.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -16.0% | -15.4% | +21.6% |
| 2022 | -23.3% | -1.0% | -13.4% |
| 2021 | +21.1% | -4.7% | +36.4% |
| 2020 | -3.0% | -13.0% | -6.5% |
| 2019 | +3.2% | -34.5% | -20.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1960 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Heart Of Arkansas United Way 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 Arkansas United Way 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 $211K, with revenue exceeding expenses.
- Debt-to-asset ratio: 10.1%.
Frequently Asked Questions about Heart Of Arkansas United Way
Is Heart Of Arkansas United Way a legitimate charity?
Based on AI analysis of IRS 990 filings, Heart Of Arkansas United Way (EIN: 710329790) insufficient data. 0 red flags identified, 0 strengths noted.
How does Heart Of Arkansas United Way spend its money?
Detailed spending breakdown data is not yet available for Heart Of Arkansas United Way. Check back for updated IRS 990 analysis.
Are donations to Heart Of Arkansas United Way tax-deductible?
Heart Of Arkansas United Way is registered as a tax-exempt nonprofit (EIN: 710329790). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Heart Of Arkansas United Way located?
Heart Of Arkansas United Way is headquartered in Little Rock, Arkansas and files with the IRS under EIN 710329790. It is classified under NTEE code T70Z.
How many years of IRS 990 filings does Heart Of Arkansas United Way have?
Heart Of Arkansas United Way has 12 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 $4.3M in total revenue.
Filing History
IRS 990 filing history for Heart Of Arkansas United Way showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Heart Of Arkansas United Way's revenue has declined by 48.9%, moving from $2.7M to $1.4M. Total assets decreased by 5.9% over the same period, from $3.0M to $2.8M. Total functional expenses fell by 51.5%, from $2.4M to $1.2M. In its most recent filing year (2023), Heart Of Arkansas United Way reported a surplus of $211K, with revenue exceeding expenses. The organization holds $287K in liabilities against $2.8M in assets (debt-to-asset ratio: 10.1%), resulting in net assets of $2.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.4M | $1.2M | $2.8M | $287K | — | — |
| 2022 | $1.7M | $1.4M | $2.3M | $123K | — | View 990 |
| 2021 | $2.2M | $1.4M | $2.7M | $131K | — | — |
| 2020 | $1.8M | $1.5M | $2.0M | $336K | — | View 990 |
| 2019 | $1.8M | $1.7M | $2.1M | $738K | — | View 990 |
| 2018 | $1.8M | $2.6M | $2.7M | $573K | — | View 990 |
| 2017 | $2.5M | $2.6M | $3.2M | $972K | — | View 990 |
| 2015 | $3.1M | $3.0M | $3.7M | $1.1M | — | View 990 |
| 2014 | $3.3M | $3.3M | $3.1M | $542K | — | View 990 |
| 2013 | $3.6M | $3.4M | $3.7M | $1.3M | — | View 990 |
| 2012 | $3.4M | $3.4M | $3.6M | $1.3M | — | View 990 |
| 2011 | $2.7M | $2.4M | $3.0M | $741K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.4M, expenses of $1.2M, and assets of $2.8M (revenue -16.0% year-over-year).
- 2022: Revenue of $1.7M, expenses of $1.4M, and assets of $2.3M (revenue -23.3% year-over-year).
- 2021: Revenue of $2.2M, expenses of $1.4M, and assets of $2.7M (revenue +21.1% year-over-year).
- 2020: Revenue of $1.8M, expenses of $1.5M, and assets of $2.0M (revenue -3.0% year-over-year).
- 2019: Revenue of $1.8M, expenses of $1.7M, and assets of $2.1M (revenue +3.2% year-over-year).
- 2018: Revenue of $1.8M, expenses of $2.6M, and assets of $2.7M (revenue -27.9% year-over-year).
- 2017: Revenue of $2.5M, expenses of $2.6M, and assets of $3.2M (revenue -18.9% year-over-year).
- 2015: Revenue of $3.1M, expenses of $3.0M, and assets of $3.7M (revenue -8.2% year-over-year).
- 2014: Revenue of $3.3M, expenses of $3.3M, and assets of $3.1M (revenue -8.5% year-over-year).
- 2013: Revenue of $3.6M, expenses of $3.4M, and assets of $3.7M (revenue +8.1% year-over-year).
- 2012: Revenue of $3.4M, expenses of $3.4M, and assets of $3.6M (revenue +23.0% year-over-year).
- 2011: Revenue of $2.7M, expenses of $2.4M, and assets of $3.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Heart Of Arkansas United Way:
Data Sources and Methodology
This transparency report for Heart Of Arkansas United Way 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.