Heartbeat Of Lima
EIN: 237293587 · Lima, OH · NTEE: P50Z
| Metric | Value |
|---|---|
| Total Revenue | $513K |
| Total Expenses | $126K |
| Net Assets | $808K |
Is Heartbeat Of Lima Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Heartbeat Of Lima
Heartbeat Of Lima (EIN: 237293587) is a nonprofit organization based in Lima, OH, classified under NTEE code P50Z. The organization reported total revenue of $513K and total assets of $924K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Heartbeat Of Lima's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Heartbeat Of Lima is a small nonprofit that has been operating for 35 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $405K |
| Total Expenses | $126K |
| Surplus / Deficit | +$279K |
| Total Assets | $808K |
| Net Assets | $808K |
| Operating Margin | 68.8% |
| Months of Reserves | 76.7 months |
Financial Health Grade: A
In 2023, Heartbeat Of Lima reported a surplus of $279K with revenue exceeding expenses, holds 76.7 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Heartbeat Of Lima's revenue has grown at a compound annual growth rate (CAGR) of 5.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -13.1% | -35.6% | +40.6% |
| 2022 | +152.4% | +66.8% | +84.3% |
| 2021 | -4.0% | -6.8% | +27.4% |
| 2020 | +15.3% | -15.2% | +36.9% |
| 2019 | -20.1% | -3.5% | +11.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1991 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Heartbeat Of Lima 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 Of Lima 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 $279K, with revenue exceeding expenses.
Frequently Asked Questions about Heartbeat Of Lima
Is Heartbeat Of Lima a legitimate charity?
Based on AI analysis of IRS 990 filings, Heartbeat Of Lima (EIN: 237293587) insufficient data. 0 red flags identified, 0 strengths noted.
How does Heartbeat Of Lima spend its money?
Detailed spending breakdown data is not yet available for Heartbeat Of Lima. Check back for updated IRS 990 analysis.
Are donations to Heartbeat Of Lima tax-deductible?
Heartbeat Of Lima is registered as a tax-exempt nonprofit (EIN: 237293587). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Heartbeat Of Lima located?
Heartbeat Of Lima is headquartered in Lima, Ohio and files with the IRS under EIN 237293587. It is classified under NTEE code P50Z.
How many years of IRS 990 filings does Heartbeat Of Lima have?
Heartbeat Of Lima 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 $513K in total revenue.
Filing History
IRS 990 filing history for Heartbeat Of Lima showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Heartbeat Of Lima's revenue has grown by 82.2%, moving from $222K to $405K. Total assets increased by 1217.2% over the same period, from $61K to $808K. Total functional expenses fell by 25.2%, from $169K to $126K. In its most recent filing year (2023), Heartbeat Of Lima reported a surplus of $279K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $405K | $126K | $808K | $0 | — | — |
| 2022 | $466K | $196K | $574K | $0 | — | — |
| 2021 | $185K | $118K | $312K | $0 | — | View 990 |
| 2020 | $192K | $126K | $245K | $0 | — | View 990 |
| 2019 | $167K | $149K | $179K | $0 | — | View 990 |
| 2018 | $209K | $154K | $161K | $0 | — | View 990 |
| 2017 | $164K | $136K | $107K | $0 | — | — |
| 2016 | $134K | $142K | $79K | $0 | — | View 990 |
| 2015 | $135K | $138K | $87K | $0 | — | View 990 |
| 2014 | $120K | $127K | $90K | $0 | — | View 990 |
| 2013 | $150K | $143K | $97K | $0 | — | View 990 |
| 2012 | $149K | $121K | $90K | $0 | — | View 990 |
| 2011 | $222K | $169K | $61K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $405K, expenses of $126K, and assets of $808K (revenue -13.1% year-over-year).
- 2022: Revenue of $466K, expenses of $196K, and assets of $574K (revenue +152.4% year-over-year).
- 2021: Revenue of $185K, expenses of $118K, and assets of $312K (revenue -4.0% year-over-year).
- 2020: Revenue of $192K, expenses of $126K, and assets of $245K (revenue +15.3% year-over-year).
- 2019: Revenue of $167K, expenses of $149K, and assets of $179K (revenue -20.1% year-over-year).
- 2018: Revenue of $209K, expenses of $154K, and assets of $161K (revenue +27.1% year-over-year).
- 2017: Revenue of $164K, expenses of $136K, and assets of $107K (revenue +22.2% year-over-year).
- 2016: Revenue of $134K, expenses of $142K, and assets of $79K (revenue -0.4% year-over-year).
- 2015: Revenue of $135K, expenses of $138K, and assets of $87K (revenue +12.6% year-over-year).
- 2014: Revenue of $120K, expenses of $127K, and assets of $90K (revenue -20.1% year-over-year).
- 2013: Revenue of $150K, expenses of $143K, and assets of $97K (revenue +0.6% year-over-year).
- 2012: Revenue of $149K, expenses of $121K, and assets of $90K (revenue -33.0% year-over-year).
- 2011: Revenue of $222K, expenses of $169K, and assets of $61K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Heartbeat Of Lima:
Data Sources and Methodology
This transparency report for Heartbeat Of Lima 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.