Heart Of The Ozarks
Heart Of The Ozarks faces recent operating deficits despite consistent revenue, with no reported officer compensation.
EIN: 161691976 · Springfield, MO · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $644K |
| Total Expenses | $601K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $644,190 |
| Net Assets | $101K |
| Transparency Score | 75/100 |
Is Heart Of The Ozarks Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Heart Of The Ozarks directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Heart Of The Ozarks
Heart Of The Ozarks (EIN: 161691976) is a nonprofit organization based in Springfield, MO. The organization reported total revenue of $644K and total assets of $180K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Heart Of The Ozarks's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Heart Of The Ozarks is a small nonprofit that has been operating for 22 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of 4.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $484K |
| Total Expenses | $601K |
| Surplus / Deficit | $-117,177 |
| Total Assets | $115K |
| Total Liabilities | $14K |
| Net Assets | $101K |
| Operating Margin | -24.2% |
| Debt-to-Asset Ratio | 11.9% |
| Months of Reserves | 2.3 months |
Financial Health Grade: C
In 2023, Heart Of The Ozarks reported a deficit of $117K with expenses exceeding revenue, holds 2.3 months of operating reserves (limited), has a debt-to-asset ratio of 11.9% (very low leverage).
Financial Trends
Over 3 years of filings (2021–2023), Heart Of The Ozarks's revenue has grown at a compound annual growth rate (CAGR) of 4.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -18.5% | -2.7% | -51.4% |
| 2022 | +34.7% | +174.0% | +4.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Of The Ozarks with a Mission Score of 75 out of 100 (Good). 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: 80%
- fundraising: 5%
According to IRS 990 filings, Heart Of The Ozarks allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $117K, with expenses exceeding revenue.
- Debt-to-asset ratio: 11.9%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation, which is a strong positive for an organization of its size ($644,190 latest revenue) and suggests a high dedication to mission.
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.
Red Flags
The following concerns were identified during AI analysis of Heart Of The Ozarks's IRS 990 filings:
- Consistent operating deficits in recent years (e.g., 2023 expenses $601,385 vs. revenue $484,208)
- Fluctuating and recently declining asset base from 2021 to 2023 ($225,705 to $114,687)
Strengths
The following positive indicators were identified for Heart Of The Ozarks:
- No reported officer compensation (0% across all filings), indicating strong dedication to mission and efficient use of funds for leadership.
- Consistent revenue generation over the past three years, with latest revenue at $644,190.
Frequently Asked Questions about Heart Of The Ozarks
Is Heart Of The Ozarks a legitimate charity?
Based on AI analysis of IRS 990 filings, Heart Of The Ozarks (EIN: 161691976) some concerns. Mission Score: 75/100. 2 red flags identified, 2 strengths noted.
How does Heart Of The Ozarks spend its money?
Heart Of The Ozarks directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Heart Of The Ozarks tax-deductible?
Heart Of The Ozarks is registered as a tax-exempt nonprofit (EIN: 161691976). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Heart Of The Ozarks CEO make?
Heart Of The Ozarks's highest-compensated officer earns $644,190 annually. The organization reported $644K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Heart Of The Ozarks's spending goes to programs?
Heart Of The Ozarks directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Heart Of The Ozarks located?
Heart Of The Ozarks is headquartered in Springfield, Missouri and files with the IRS under EIN 161691976.
How many years of IRS 990 filings does Heart Of The Ozarks have?
Heart Of The Ozarks 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 $644K in total revenue.
Is Heart Of The Ozarks a good charity?
Heart Of The Ozarks exhibits strong dedication to its mission, evidenced by 0% officer compensation. However, recent operating deficits (e.g., $601,385 expenses vs. $484,208 revenue in 2023) suggest potential financial sustainability challenges that warrant further investigation into their spending efficiency and revenue generation strategies.
Why are expenses higher than revenue in recent years?
In 2023, expenses were $601,385 while revenue was $484,208, and in 2022, expenses were $617,829 against $594,436 in revenue. This indicates the organization spent more than it brought in during these periods, potentially drawing from reserves or incurring debt, which could impact long-term financial health.
What is the trend in the organization's assets?
Assets have fluctuated, decreasing from $225,705 in 2021 to $114,687 in 2023, before increasing to $179,678 in the latest filing. This volatility and recent decline from earlier levels could indicate a reduction in financial reserves or investment capacity.
Filing History
IRS 990 filing history for Heart Of The Ozarks showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Heart Of The Ozarks's revenue has grown by 9.7%, moving from $441K to $484K. Total assets decreased by 49.2% over the same period, from $226K to $115K. Total functional expenses rose by 166.7%, from $226K to $601K. In its most recent filing year (2023), Heart Of The Ozarks reported a deficit of $117K, with expenses exceeding revenue. The organization holds $14K in liabilities against $115K in assets (debt-to-asset ratio: 11.9%), resulting in net assets of $101K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $484K | $601K | $115K | $14K | — | — |
| 2022 | $594K | $618K | $236K | $17K | — | View 990 |
| 2021 | $441K | $226K | $226K | $10K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $484K, expenses of $601K, and assets of $115K (revenue -18.5% year-over-year).
- 2022: Revenue of $594K, expenses of $618K, and assets of $236K (revenue +34.7% year-over-year).
- 2021: Revenue of $441K, expenses of $226K, and assets of $226K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Heart Of The Ozarks:
Data Sources and Methodology
This transparency report for Heart Of The Ozarks 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.