Heartland Center For Leadership Development Inc
EIN: 470692706 · Lincoln, NE · NTEE: W70Z
| Metric | Value |
|---|---|
| Total Revenue | $183K |
| Total Expenses | $187K |
| Net Assets | $34K |
Is Heartland Center For Leadership Development Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Heartland Center For Leadership Development Inc
Heartland Center For Leadership Development Inc (EIN: 470692706) is a nonprofit organization based in Lincoln, NE, classified under NTEE code W70Z. The organization reported total revenue of $183K and total assets of $112K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Heartland Center For Leadership Development Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Heartland Center For Leadership Development Inc is a small nonprofit that has been operating for 39 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -3.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $187K |
| Total Expenses | $187K |
| Surplus / Deficit | $-285 |
| Total Assets | $110K |
| Total Liabilities | $77K |
| Net Assets | $34K |
| Operating Margin | -0.2% |
| Debt-to-Asset Ratio | 69.4% |
| Months of Reserves | 7.1 months |
Financial Health Grade: C
In 2024, Heartland Center For Leadership Development Inc reported a deficit of $285 with expenses exceeding revenue, holds 7.1 months of operating reserves (strong position), has a debt-to-asset ratio of 69.4% (high leverage).
Financial Trends
Over 13 years of filings (2012–2024), Heartland Center For Leadership Development Inc's revenue has declined at a compound annual growth rate (CAGR) of -3.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -24.1% | -19.2% | +14.8% |
| 2023 | +26.9% | +24.8% | -7.3% |
| 2022 | +13.6% | +10.0% | -0.6% |
| 2021 | -8.3% | -10.9% | +8.7% |
| 2020 | +37.1% | +19.1% | -11.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Heartland Center For Leadership Development Inc 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 Heartland Center For Leadership Development Inc 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 deficit of $285, with expenses exceeding revenue.
- Debt-to-asset ratio: 69.4%.
Frequently Asked Questions about Heartland Center For Leadership Development Inc
Is Heartland Center For Leadership Development Inc a legitimate charity?
Heartland Center For Leadership Development Inc (EIN: 470692706) is a registered tax-exempt nonprofit based in Nebraska. It has 13 years of IRS 990 filings on record. Total revenue: $183K. No red flags identified. Financial health grade: C.
How does Heartland Center For Leadership Development Inc spend its money?
Heartland Center For Leadership Development Inc reported $183K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Heartland Center For Leadership Development Inc tax-deductible?
Heartland Center For Leadership Development Inc is registered as a tax-exempt nonprofit (EIN: 470692706). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Heartland Center For Leadership Development Inc located?
Heartland Center For Leadership Development Inc is headquartered in Lincoln, Nebraska and files with the IRS under EIN 470692706. It is classified under NTEE code W70Z.
How many years of IRS 990 filings does Heartland Center For Leadership Development Inc have?
Heartland Center For Leadership Development Inc 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 $183K in total revenue.
Filing History
IRS 990 filing history for Heartland Center For Leadership Development Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Heartland Center For Leadership Development Inc's revenue has declined by 31.7%, moving from $274K to $187K. Total assets decreased by 16.5% over the same period, from $132K to $110K. Total functional expenses fell by 34.9%, from $288K to $187K. In its most recent filing year (2024), Heartland Center For Leadership Development Inc reported a deficit of $285, with expenses exceeding revenue. The organization holds $77K in liabilities against $110K in assets (debt-to-asset ratio: 69.4%), resulting in net assets of $34K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $187K | $187K | $110K | $77K | — | — |
| 2023 | $247K | $232K | $96K | $69K | — | — |
| 2022 | $194K | $186K | $104K | $85K | — | View 990 |
| 2021 | $171K | $169K | $104K | $97K | — | — |
| 2020 | $186K | $190K | $96K | $87K | — | View 990 |
| 2019 | $136K | $159K | $108K | $96K | — | View 990 |
| 2018 | $153K | $159K | $87K | $48K | — | View 990 |
| 2017 | $146K | $178K | $73K | $30K | — | View 990 |
| 2016 | $243K | $263K | $83K | $13K | — | View 990 |
| 2015 | $269K | $240K | $141K | $47K | — | View 990 |
| 2014 | $385K | $388K | $114K | $46K | — | View 990 |
| 2013 | $395K | $415K | $171K | $109K | — | View 990 |
| 2012 | $274K | $288K | $132K | $54K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $187K, expenses of $187K, and assets of $110K (revenue -24.1% year-over-year).
- 2023: Revenue of $247K, expenses of $232K, and assets of $96K (revenue +26.9% year-over-year).
- 2022: Revenue of $194K, expenses of $186K, and assets of $104K (revenue +13.6% year-over-year).
- 2021: Revenue of $171K, expenses of $169K, and assets of $104K (revenue -8.3% year-over-year).
- 2020: Revenue of $186K, expenses of $190K, and assets of $96K (revenue +37.1% year-over-year).
- 2019: Revenue of $136K, expenses of $159K, and assets of $108K (revenue -11.3% year-over-year).
- 2018: Revenue of $153K, expenses of $159K, and assets of $87K (revenue +5.2% year-over-year).
- 2017: Revenue of $146K, expenses of $178K, and assets of $73K (revenue -39.9% year-over-year).
- 2016: Revenue of $243K, expenses of $263K, and assets of $83K (revenue -9.8% year-over-year).
- 2015: Revenue of $269K, expenses of $240K, and assets of $141K (revenue -30.1% year-over-year).
- 2014: Revenue of $385K, expenses of $388K, and assets of $114K (revenue -2.5% year-over-year).
- 2013: Revenue of $395K, expenses of $415K, and assets of $171K (revenue +44.2% year-over-year).
- 2012: Revenue of $274K, expenses of $288K, and assets of $132K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Heartland Center For Leadership Development Inc:
Data Sources and Methodology
This transparency report for Heartland Center For Leadership Development Inc 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.