Heart To Heart Adoptions
EIN: 870588365 · Sandy, UT · NTEE: P31
| Metric | Value |
|---|---|
| Total Revenue | $4.7M |
| Total Expenses | $3.6M |
| Net Assets | $736K |
Is Heart To Heart Adoptions Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Heart To Heart Adoptions
Heart To Heart Adoptions (EIN: 870588365) is a nonprofit organization based in Sandy, UT, classified under NTEE code P31. The organization reported total revenue of $4.7M and total assets of $2.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Heart To Heart Adoptions's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Heart To Heart Adoptions is a mid-size nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.5M |
| Total Expenses | $3.6M |
| Surplus / Deficit | $-60,468 |
| Total Assets | $1.4M |
| Total Liabilities | $666K |
| Net Assets | $736K |
| Operating Margin | -1.7% |
| Debt-to-Asset Ratio | 47.5% |
| Months of Reserves | 4.7 months |
Financial Health Grade: B
In 2023, Heart To Heart Adoptions reported a deficit of $60K with expenses exceeding revenue, holds 4.7 months of operating reserves (adequate), has a debt-to-asset ratio of 47.5% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Heart To Heart Adoptions's revenue has grown at a compound annual growth rate (CAGR) of 5.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -18.2% | +14.1% | -9.5% |
| 2022 | +61.9% | +25.2% | +120.1% |
| 2021 | +38.2% | +6.1% | +11.5% |
| 2020 | -32.3% | -12.6% | +9.0% |
| 2019 | +35.6% | +29.2% | +6.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Heart To Heart Adoptions 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 To Heart Adoptions 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 deficit of $60K, with expenses exceeding revenue.
- Debt-to-asset ratio: 47.5%.
Frequently Asked Questions about Heart To Heart Adoptions
Is Heart To Heart Adoptions a legitimate charity?
Based on AI analysis of IRS 990 filings, Heart To Heart Adoptions (EIN: 870588365) insufficient data. 0 red flags identified, 0 strengths noted.
How does Heart To Heart Adoptions spend its money?
Detailed spending breakdown data is not yet available for Heart To Heart Adoptions. Check back for updated IRS 990 analysis.
Are donations to Heart To Heart Adoptions tax-deductible?
Heart To Heart Adoptions is registered as a tax-exempt nonprofit (EIN: 870588365). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Heart To Heart Adoptions located?
Heart To Heart Adoptions is headquartered in Sandy, Utah and files with the IRS under EIN 870588365. It is classified under NTEE code P31.
How many years of IRS 990 filings does Heart To Heart Adoptions have?
Heart To Heart Adoptions has 13 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 $4.7M in total revenue.
Filing History
IRS 990 filing history for Heart To Heart Adoptions showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Heart To Heart Adoptions's revenue has grown by 98.5%, moving from $1.8M to $3.5M. Total assets increased by 169.6% over the same period, from $520K to $1.4M. Total functional expenses rose by 94.9%, from $1.8M to $3.6M. In its most recent filing year (2023), Heart To Heart Adoptions reported a deficit of $60K, with expenses exceeding revenue. The organization holds $666K in liabilities against $1.4M in assets (debt-to-asset ratio: 47.5%), resulting in net assets of $736K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.5M | $3.6M | $1.4M | $666K | — | View 990 |
| 2022 | $4.3M | $3.1M | $1.5M | $223K | — | View 990 |
| 2021 | $2.6M | $2.5M | $703K | $539K | — | View 990 |
| 2020 | $1.9M | $2.3M | $631K | $619K | — | — |
| 2019 | $2.8M | $2.7M | $579K | $132K | — | View 990 |
| 2018 | $2.1M | $2.1M | $542K | $237K | — | View 990 |
| 2017 | $2.0M | $2.0M | $458K | $158K | — | View 990 |
| 2016 | $2.1M | $1.8M | $471K | $156K | — | View 990 |
| 2015 | $1.5M | $1.6M | $126K | $79K | — | View 990 |
| 2014 | $1.9M | $1.9M | $181K | $49K | — | View 990 |
| 2013 | $1.6M | $1.6M | $312K | $125K | — | View 990 |
| 2012 | $1.3M | $1.5M | $231K | $83K | — | View 990 |
| 2011 | $1.8M | $1.8M | $520K | $213K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.5M, expenses of $3.6M, and assets of $1.4M (revenue -18.2% year-over-year).
- 2022: Revenue of $4.3M, expenses of $3.1M, and assets of $1.5M (revenue +61.9% year-over-year).
- 2021: Revenue of $2.6M, expenses of $2.5M, and assets of $703K (revenue +38.2% year-over-year).
- 2020: Revenue of $1.9M, expenses of $2.3M, and assets of $631K (revenue -32.3% year-over-year).
- 2019: Revenue of $2.8M, expenses of $2.7M, and assets of $579K (revenue +35.6% year-over-year).
- 2018: Revenue of $2.1M, expenses of $2.1M, and assets of $542K (revenue +6.9% year-over-year).
- 2017: Revenue of $2.0M, expenses of $2.0M, and assets of $458K (revenue -7.0% year-over-year).
- 2016: Revenue of $2.1M, expenses of $1.8M, and assets of $471K (revenue +35.9% year-over-year).
- 2015: Revenue of $1.5M, expenses of $1.6M, and assets of $126K (revenue -16.8% year-over-year).
- 2014: Revenue of $1.9M, expenses of $1.9M, and assets of $181K (revenue +15.6% year-over-year).
- 2013: Revenue of $1.6M, expenses of $1.6M, and assets of $312K (revenue +19.5% year-over-year).
- 2012: Revenue of $1.3M, expenses of $1.5M, and assets of $231K (revenue -23.8% year-over-year).
- 2011: Revenue of $1.8M, expenses of $1.8M, and assets of $520K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Heart To Heart Adoptions:
Data Sources and Methodology
This transparency report for Heart To Heart Adoptions 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.