Heart Transformation
EIN: 260226788 · Mount Ida, AR · NTEE: X99
| Metric | Value |
|---|---|
| Total Revenue | $103K |
| Total Expenses | $109K |
| Net Assets | $8K |
Is Heart Transformation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Heart Transformation
Heart Transformation (EIN: 260226788) is a nonprofit organization based in Mount Ida, AR, classified under NTEE code X99. The organization reported total revenue of $103K and total assets of $9K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Heart Transformation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Heart Transformation is a small nonprofit that has been operating for 18 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 1.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $117K |
| Total Expenses | $109K |
| Surplus / Deficit | +$8K |
| Total Assets | $9K |
| Total Liabilities | $798 |
| Net Assets | $8K |
| Operating Margin | 7.1% |
| Debt-to-Asset Ratio | 9.0% |
| Months of Reserves | 1.0 months |
Financial Health Grade: A
In 2023, Heart Transformation reported a surplus of $8K with revenue exceeding expenses, holds 1.0 months of operating reserves (limited), has a debt-to-asset ratio of 9.0% (very low leverage).
Financial Trends
Over 7 years of filings (2017–2023), Heart Transformation's revenue has grown at a compound annual growth rate (CAGR) of 1.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -24.1% | -36.3% | +286.8% |
| 2022 | -16.4% | -14.1% | -85.9% |
| 2021 | +51.2% | +87.6% | -47.0% |
| 2020 | +27.9% | +19.4% | +63.9% |
| 2019 | +8.6% | -11.9% | +55.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Heart Transformation 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 Transformation 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 $8K, with revenue exceeding expenses.
- Debt-to-asset ratio: 9.0%.
Frequently Asked Questions about Heart Transformation
Is Heart Transformation a legitimate charity?
Based on AI analysis of IRS 990 filings, Heart Transformation (EIN: 260226788) insufficient data. 0 red flags identified, 0 strengths noted.
How does Heart Transformation spend its money?
Detailed spending breakdown data is not yet available for Heart Transformation. Check back for updated IRS 990 analysis.
Are donations to Heart Transformation tax-deductible?
Heart Transformation is registered as a tax-exempt nonprofit (EIN: 260226788). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Heart Transformation located?
Heart Transformation is headquartered in Mount Ida, Arkansas and files with the IRS under EIN 260226788. It is classified under NTEE code X99.
How many years of IRS 990 filings does Heart Transformation have?
Heart Transformation has 7 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 $103K in total revenue.
Filing History
IRS 990 filing history for Heart Transformation showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Heart Transformation's revenue has grown by 8.2%, moving from $108K to $117K. Total assets decreased by 67.4% over the same period, from $27K to $9K. Total functional expenses rose by 44.7%, from $75K to $109K. In its most recent filing year (2023), Heart Transformation reported a surplus of $8K, with revenue exceeding expenses. The organization holds $798 in liabilities against $9K in assets (debt-to-asset ratio: 9.0%), resulting in net assets of $8K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $117K | $109K | $9K | $798 | — | — |
| 2022 | $155K | $171K | $2K | $3K | — | View 990 |
| 2021 | $185K | $199K | $16K | $0 | — | View 990 |
| 2020 | $122K | $106K | $31K | $0 | — | View 990 |
| 2019 | $96K | $89K | $19K | $0 | — | View 990 |
| 2018 | $88K | $101K | $12K | $0 | — | View 990 |
| 2017 | $108K | $75K | $27K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $117K, expenses of $109K, and assets of $9K (revenue -24.1% year-over-year).
- 2022: Revenue of $155K, expenses of $171K, and assets of $2K (revenue -16.4% year-over-year).
- 2021: Revenue of $185K, expenses of $199K, and assets of $16K (revenue +51.2% year-over-year).
- 2020: Revenue of $122K, expenses of $106K, and assets of $31K (revenue +27.9% year-over-year).
- 2019: Revenue of $96K, expenses of $89K, and assets of $19K (revenue +8.6% year-over-year).
- 2018: Revenue of $88K, expenses of $101K, and assets of $12K (revenue -18.8% year-over-year).
- 2017: Revenue of $108K, expenses of $75K, and assets of $27K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Heart Transformation:
Data Sources and Methodology
This transparency report for Heart Transformation 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.