Heartbeat Denver Incorporated
EIN: 832403755 · Denver, CO · NTEE: A68
| Metric | Value |
|---|---|
| Total Revenue | $753K |
| Total Expenses | $621K |
| Net Assets | $52K |
Is Heartbeat Denver Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Heartbeat Denver Incorporated
Heartbeat Denver Incorporated (EIN: 832403755) is a nonprofit organization based in Denver, CO, classified under NTEE code A68. The organization reported total revenue of $753K and total assets of $82K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Heartbeat Denver Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Heartbeat Denver Incorporated is a small nonprofit that has been operating for 7 years, with 2 years of IRS 990 filings on record (2023–2024). Revenue has grown at a compound annual rate of 171.2%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $697K |
| Total Expenses | $621K |
| Surplus / Deficit | +$76K |
| Total Assets | $66K |
| Total Liabilities | $14K |
| Net Assets | $52K |
| Operating Margin | 10.9% |
| Debt-to-Asset Ratio | 21.2% |
| Months of Reserves | 1.3 months |
Financial Health Grade: A
In 2024, Heartbeat Denver Incorporated reported a surplus of $76K with revenue exceeding expenses, holds 1.3 months of operating reserves (limited), has a debt-to-asset ratio of 21.2% (moderate leverage).
Financial Trends
Over 2 years of filings (2023–2024), Heartbeat Denver Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 171.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +171.2% | +120.4% | +7.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Heartbeat Denver Incorporated 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 Heartbeat Denver Incorporated 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $76K, with revenue exceeding expenses.
- Debt-to-asset ratio: 21.2%.
Frequently Asked Questions about Heartbeat Denver Incorporated
Is Heartbeat Denver Incorporated a legitimate charity?
Heartbeat Denver Incorporated (EIN: 832403755) is a registered tax-exempt nonprofit based in Colorado. It has 2 years of IRS 990 filings on record. Total revenue: $753K. No red flags identified. Financial health grade: A.
How does Heartbeat Denver Incorporated spend its money?
Heartbeat Denver Incorporated reported $753K in total revenue in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Heartbeat Denver Incorporated tax-deductible?
Heartbeat Denver Incorporated is registered as a tax-exempt nonprofit (EIN: 832403755). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Heartbeat Denver Incorporated located?
Heartbeat Denver Incorporated is headquartered in Denver, Colorado and files with the IRS under EIN 832403755. It is classified under NTEE code A68.
How many years of IRS 990 filings does Heartbeat Denver Incorporated have?
Heartbeat Denver Incorporated has 2 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 $753K in total revenue.
Filing History
IRS 990 filing history for Heartbeat Denver Incorporated showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2023–2024), Heartbeat Denver Incorporated's revenue has grown by 171.2%, moving from $257K to $697K. Total assets increased by 7.9% over the same period, from $61K to $66K. Total functional expenses rose by 120.4%, from $282K to $621K. In its most recent filing year (2024), Heartbeat Denver Incorporated reported a surplus of $76K, with revenue exceeding expenses. The organization holds $14K in liabilities against $66K in assets (debt-to-asset ratio: 21.2%), resulting in net assets of $52K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $697K | $621K | $66K | $14K | — | — |
| 2023 | $257K | $282K | $61K | $84K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Heartbeat Denver Incorporated:
Data Sources and Methodology
This transparency report for Heartbeat Denver Incorporated 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.