Heartland Animal Shelter Nfp
Heartland Animal Shelter Nfp shows strong asset growth and no officer compensation, but recent expenses exceeded revenue.
EIN: 161617345 · Wheeling, IL · NTEE: D20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $1.1M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1.3 |
| Net Assets | $1.6M |
| Transparency Score | 90/100 |
Is Heartland Animal Shelter Nfp Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Heartland Animal Shelter Nfp directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Heartland Animal Shelter Nfp
Heartland Animal Shelter Nfp (EIN: 161617345) is a nonprofit organization based in Wheeling, IL, classified under NTEE code D20. The organization reported total revenue of $1.3M and total assets of $2.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Heartland Animal Shelter Nfp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Heartland Animal Shelter Nfp 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 5.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $989K |
| Total Expenses | $1.1M |
| Surplus / Deficit | $-73,202 |
| Total Assets | $2.1M |
| Total Liabilities | $561K |
| Net Assets | $1.6M |
| Operating Margin | -7.4% |
| Debt-to-Asset Ratio | 26.1% |
| Months of Reserves | 24.2 months |
Financial Health Grade: B
In 2023, Heartland Animal Shelter Nfp reported a deficit of $73K with expenses exceeding revenue, holds 24.2 months of operating reserves (strong position), has a debt-to-asset ratio of 26.1% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Heartland Animal Shelter Nfp's revenue has grown at a compound annual growth rate (CAGR) of 5.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -26.0% | +17.1% | -0.9% |
| 2022 | +40.8% | +13.3% | +70.3% |
| 2021 | -29.4% | +13.8% | +9.0% |
| 2020 | +113.7% | +14.0% | +169.5% |
| 2019 | -1.9% | +18.7% | +5.2% |
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 Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Heartland Animal Shelter Nfp with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Heartland Animal Shelter Nfp allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $73K, with expenses exceeding revenue.
- Debt-to-asset ratio: 26.1%.
Executive Compensation Analysis
Heartland Animal Shelter Nfp consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is highly commendable for an organization of its size with over $1.3 million in latest revenue and $2.3 million in assets.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Heartland Animal Shelter Nfp's IRS 990 filings:
- Expenses exceeded revenue in the most recent filing (202305) by $73,202, which could indicate a short-term operational deficit.
Strengths
The following positive indicators were identified for Heartland Animal Shelter Nfp:
- Consistent reporting of 0% officer compensation across all filings, indicating high dedication of funds to mission.
- Significant growth in assets from $432,322 in 201905 to $2,144,586 in 202305, demonstrating strong financial management and fundraising.
- Healthy asset base of $2,308,008 relative to annual revenue, providing financial stability.
- Long history of IRS 990 filings (13 filings), suggesting consistent compliance and transparency.
Frequently Asked Questions about Heartland Animal Shelter Nfp
Is Heartland Animal Shelter Nfp a legitimate charity?
Based on AI analysis of IRS 990 filings, Heartland Animal Shelter Nfp (EIN: 161617345) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does Heartland Animal Shelter Nfp spend its money?
Heartland Animal Shelter Nfp directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Heartland Animal Shelter Nfp tax-deductible?
Heartland Animal Shelter Nfp is registered as a tax-exempt nonprofit (EIN: 161617345). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Heartland Animal Shelter Nfp CEO make?
Heartland Animal Shelter Nfp's highest-compensated officer earns $1.3 annually. The organization reported $1.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Heartland Animal Shelter Nfp's spending goes to programs?
Heartland Animal Shelter Nfp directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Heartland Animal Shelter Nfp compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Heartland Animal Shelter Nfp is above average for NTEE category D20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Heartland Animal Shelter Nfp located?
Heartland Animal Shelter Nfp is headquartered in Wheeling, Illinois and files with the IRS under EIN 161617345. It is classified under NTEE code D20.
How many years of IRS 990 filings does Heartland Animal Shelter Nfp have?
Heartland Animal Shelter Nfp 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 $1.3M in total revenue.
Is Heartland Animal Shelter Nfp a good charity?
Based on the available data, Heartland Animal Shelter Nfp appears to be a good charity. It demonstrates strong asset growth, a healthy financial reserve, and notably, reports 0% officer compensation, indicating a high dedication of resources to its mission.
How has Heartland Animal Shelter Nfp's financial health changed over time?
Heartland Animal Shelter Nfp has shown significant financial growth, with assets increasing from $432,322 in 201905 to $2,144,586 in 202305. Revenue has fluctuated but generally trended upwards, reaching $1,346,690 latest. However, the 202305 filing showed expenses ($1,061,777) exceeding revenue ($988,575), a deviation from previous years where revenue often surpassed expenses.
What is the trend in revenue and expenses for Heartland Animal Shelter Nfp?
Revenue for Heartland Animal Shelter Nfp has seen fluctuations, with peaks around $1.3 million in 202205 and 202005, and a latest reported revenue of $1,346,690. Expenses have generally increased over time, from $373,069 in 201405 to $1,061,777 in 202305. The 202305 period is notable as expenses exceeded revenue, which was not the case in the preceding three periods.
Filing History
IRS 990 filing history for Heartland Animal Shelter Nfp showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Heartland Animal Shelter Nfp's revenue has grown by 81%, moving from $546K to $989K. Total assets increased by 538% over the same period, from $336K to $2.1M. Total functional expenses rose by 186.5%, from $371K to $1.1M. In its most recent filing year (2023), Heartland Animal Shelter Nfp reported a deficit of $73K, with expenses exceeding revenue. The organization holds $561K in liabilities against $2.1M in assets (debt-to-asset ratio: 26.1%), resulting in net assets of $1.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $989K | $1.1M | $2.1M | $561K | — | View 990 |
| 2022 | $1.3M | $906K | $2.2M | $518K | — | View 990 |
| 2021 | $950K | $800K | $1.3M | $30K | — | View 990 |
| 2020 | $1.3M | $703K | $1.2M | $133K | — | View 990 |
| 2019 | $629K | $617K | $432K | $51K | — | View 990 |
| 2018 | $641K | $520K | $411K | $38K | — | View 990 |
| 2017 | $434K | $503K | $273K | $42K | — | View 990 |
| 2016 | $490K | $461K | $342K | $42K | — | View 990 |
| 2015 | $447K | $416K | $321K | $50K | — | View 990 |
| 2014 | $372K | $373K | $275K | $35K | — | View 990 |
| 2013 | $397K | $367K | $273K | $33K | — | View 990 |
| 2012 | $408K | $384K | $304K | $94K | — | View 990 |
| 2011 | $546K | $371K | $336K | $150K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $989K, expenses of $1.1M, and assets of $2.1M (revenue -26.0% year-over-year).
- 2022: Revenue of $1.3M, expenses of $906K, and assets of $2.2M (revenue +40.8% year-over-year).
- 2021: Revenue of $950K, expenses of $800K, and assets of $1.3M (revenue -29.4% year-over-year).
- 2020: Revenue of $1.3M, expenses of $703K, and assets of $1.2M (revenue +113.7% year-over-year).
- 2019: Revenue of $629K, expenses of $617K, and assets of $432K (revenue -1.9% year-over-year).
- 2018: Revenue of $641K, expenses of $520K, and assets of $411K (revenue +47.7% year-over-year).
- 2017: Revenue of $434K, expenses of $503K, and assets of $273K (revenue -11.4% year-over-year).
- 2016: Revenue of $490K, expenses of $461K, and assets of $342K (revenue +9.6% year-over-year).
- 2015: Revenue of $447K, expenses of $416K, and assets of $321K (revenue +20.1% year-over-year).
- 2014: Revenue of $372K, expenses of $373K, and assets of $275K (revenue -6.3% year-over-year).
- 2013: Revenue of $397K, expenses of $367K, and assets of $273K (revenue -2.6% year-over-year).
- 2012: Revenue of $408K, expenses of $384K, and assets of $304K (revenue -25.4% year-over-year).
- 2011: Revenue of $546K, expenses of $371K, and assets of $336K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Heartland Animal Shelter Nfp:
Data Sources and Methodology
This transparency report for Heartland Animal Shelter Nfp 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.