Heart Song Day Services
EIN: 842459036 · W Burlington, IA · NTEE: P71
| Metric | Value |
|---|---|
| Total Revenue | $489K |
| Total Expenses | $133K |
| Net Assets | $348K |
Is Heart Song Day Services Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Heart Song Day Services
Heart Song Day Services (EIN: 842459036) is a nonprofit organization based in W Burlington, IA, classified under NTEE code P71. The organization reported total revenue of $489K and total assets of $706K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Heart Song Day Services's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Heart Song Day Services is a small nonprofit that has been operating for 3 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 110.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $215K |
| Total Expenses | $133K |
| Surplus / Deficit | +$82K |
| Total Assets | $389K |
| Total Liabilities | $41K |
| Net Assets | $348K |
| Operating Margin | 38.0% |
| Debt-to-Asset Ratio | 10.5% |
| Months of Reserves | 35.0 months |
Financial Health Grade: A
In 2023, Heart Song Day Services reported a surplus of $82K with revenue exceeding expenses, holds 35.0 months of operating reserves (strong position), has a debt-to-asset ratio of 10.5% (very low leverage).
Financial Trends
Over 5 years of filings (2019–2023), Heart Song Day Services's revenue has grown at a compound annual growth rate (CAGR) of 110.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +84.3% | +26.6% | +25.2% |
| 2022 | -59.2% | +131.0% | +2.1% |
| 2021 | +2914.4% | +602.3% | +2066.3% |
| 2020 | -14.3% | — | +27.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2023 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Heart Song Day Services 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 Song Day Services 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 $82K, with revenue exceeding expenses.
- Debt-to-asset ratio: 10.5%.
Frequently Asked Questions about Heart Song Day Services
Is Heart Song Day Services a legitimate charity?
Based on AI analysis of IRS 990 filings, Heart Song Day Services (EIN: 842459036) insufficient data. 0 red flags identified, 0 strengths noted.
How does Heart Song Day Services spend its money?
Detailed spending breakdown data is not yet available for Heart Song Day Services. Check back for updated IRS 990 analysis.
Are donations to Heart Song Day Services tax-deductible?
Heart Song Day Services is registered as a tax-exempt nonprofit (EIN: 842459036). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Heart Song Day Services located?
Heart Song Day Services is headquartered in W Burlington, Iowa and files with the IRS under EIN 842459036. It is classified under NTEE code P71.
How many years of IRS 990 filings does Heart Song Day Services have?
Heart Song Day Services has 5 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 $489K in total revenue.
Filing History
IRS 990 filing history for Heart Song Day Services showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Heart Song Day Services's revenue has grown by 1844.9%, moving from $11K to $215K. Total assets increased by 3416.7% over the same period, from $11K to $389K. In its most recent filing year (2023), Heart Song Day Services reported a surplus of $82K, with revenue exceeding expenses. The organization holds $41K in liabilities against $389K in assets (debt-to-asset ratio: 10.5%), resulting in net assets of $348K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $215K | $133K | $389K | $41K | — | — |
| 2022 | $117K | $105K | $311K | $46K | — | — |
| 2021 | $286K | $46K | $304K | $50K | — | — |
| 2020 | $9K | $7K | $14K | $0 | — | — |
| 2019 | $11K | $0 | $11K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $215K, expenses of $133K, and assets of $389K (revenue +84.3% year-over-year).
- 2022: Revenue of $117K, expenses of $105K, and assets of $311K (revenue -59.2% year-over-year).
- 2021: Revenue of $286K, expenses of $46K, and assets of $304K (revenue +2914.4% year-over-year).
- 2020: Revenue of $9K, expenses of $7K, and assets of $14K (revenue -14.3% year-over-year).
- 2019: Revenue of $11K, expenses of $0, and assets of $11K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Heart Song Day Services:
Data Sources and Methodology
This transparency report for Heart Song Day Services 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.