Heartland Christain Tower Inc
Heartland Christian Tower Inc. faces persistent operational deficits and declining assets amidst stable, high liabilities.
EIN: 200594468 · Nashville, TN · NTEE: L22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $543K |
| Total Expenses | $577K |
| Program Spending | 80% |
| Net Assets | $-1,649,942 |
| Transparency Score | 60/100 |
Is Heartland Christain Tower Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Heartland Christain Tower Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Heartland Christain Tower Inc
Heartland Christain Tower Inc (EIN: 200594468) is a nonprofit organization based in Nashville, TN, classified under NTEE code L22. The organization reported total revenue of $543K and total assets of $3.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Heartland Christain Tower Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Heartland Christain Tower Inc is a small nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $527K |
| Total Expenses | $577K |
| Surplus / Deficit | $-49,696 |
| Total Assets | $3.6M |
| Total Liabilities | $5.3M |
| Net Assets | $-1,649,942 |
| Operating Margin | -9.4% |
| Debt-to-Asset Ratio | 145.6% |
| Months of Reserves | 75.2 months |
Financial Health Grade: C
In 2023, Heartland Christain Tower Inc reported a deficit of $50K with expenses exceeding revenue, holds 75.2 months of operating reserves (strong position), has a debt-to-asset ratio of 145.6% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Heartland Christain Tower Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.2% | -2.2% | -1.5% |
| 2022 | +0.6% | +2.4% | -1.9% |
| 2021 | +7.1% | +3.1% | -2.0% |
| 2020 | +5.9% | +2.9% | -2.3% |
| 2019 | +5.8% | +8.0% | -2.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Christain Tower Inc with a Mission Score of 60 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Heartland Christain Tower Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $50K, with expenses exceeding revenue.
- Debt-to-asset ratio: 145.6%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no salaries or benefits are paid to officers, which is a strong positive for resource allocation within an organization of its size and revenue.
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 Christain Tower Inc's IRS 990 filings:
- Persistent operational deficits (expenses consistently exceed revenue, e.g., $576,837 expenses vs. $527,141 revenue in 2023).
- Declining asset base over time (from $4,439,723 in 2014 to $3,614,341 in 2023).
- High and stable liabilities relative to declining assets (approx. $5.2 million in liabilities vs. $3.6 million in assets in 2023).
Strengths
The following positive indicators were identified for Heartland Christain Tower Inc:
- Zero officer compensation reported across all filings, indicating efficient use of funds in this area.
- Consistent revenue generation, albeit not enough to cover expenses.
Frequently Asked Questions about Heartland Christain Tower Inc
Is Heartland Christain Tower Inc a legitimate charity?
Heartland Christain Tower Inc (EIN: 200594468) is a registered tax-exempt nonprofit based in Tennessee. Our AI analysis gives it a Mission Score of 60/100. It has 13 years of IRS 990 filings on record. Total revenue: $543K. 3 red flags identified. 2 strengths noted. Financial health grade: C.
How does Heartland Christain Tower Inc spend its money?
Heartland Christain Tower Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Heartland Christain Tower Inc tax-deductible?
Heartland Christain Tower Inc is registered as a tax-exempt nonprofit (EIN: 200594468). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Heartland Christain Tower Inc's spending goes to programs?
Heartland Christain Tower Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Heartland Christain Tower Inc compare to similar nonprofits?
With a transparency score of 60/100 (Good), Heartland Christain Tower Inc is above average for NTEE category L22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Heartland Christain Tower Inc located?
Heartland Christain Tower Inc is headquartered in Nashville, Tennessee and files with the IRS under EIN 200594468. It is classified under NTEE code L22.
How many years of IRS 990 filings does Heartland Christain Tower Inc have?
Heartland Christain Tower 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 $543K in total revenue.
Is Heartland Christian Tower Inc. financially sustainable in the long term?
The organization has consistently operated at a deficit, with expenses exceeding revenue in every reported year. Its assets have also steadily declined from $4.4 million in 2014 to $3.6 million in 2023, while liabilities remain high at approximately $5.2 million. This trend raises significant concerns about long-term financial sustainability without a change in financial strategy.
How does the organization cover its operational deficits?
Given the consistent operational deficits and declining assets, the organization appears to be drawing down its existing asset base or relying on other unspecified funding sources to cover the gap between its revenues and expenses. The provided data does not specify the exact mechanism.
What is the nature of the organization's high liabilities?
The liabilities have consistently been around $5.2 million over the past decade. Without further detail from the 990 filings, it's difficult to ascertain the exact nature, but it likely represents long-term debt, such as mortgages or bonds, given the NTEE code (L22 - Housing for the Elderly) and the 'Tower' in its name.
Filing History
IRS 990 filing history for Heartland Christain Tower Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Heartland Christain Tower Inc's revenue has grown by 55.6%, moving from $339K to $527K. Total assets decreased by 25.3% over the same period, from $4.8M to $3.6M. Total functional expenses rose by 18.1%, from $488K to $577K. In its most recent filing year (2023), Heartland Christain Tower Inc reported a deficit of $50K, with expenses exceeding revenue. The organization holds $5.3M in liabilities against $3.6M in assets (debt-to-asset ratio: 145.6%), resulting in net assets of $-1,649,942.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $527K | $577K | $3.6M | $5.3M | — | — |
| 2022 | $501K | $590K | $3.7M | $5.3M | — | — |
| 2021 | $498K | $576K | $3.7M | $5.3M | — | View 990 |
| 2020 | $465K | $559K | $3.8M | $5.3M | — | View 990 |
| 2019 | $439K | $543K | $3.9M | $5.3M | — | View 990 |
| 2018 | $415K | $503K | $4.0M | $5.3M | — | View 990 |
| 2017 | $403K | $513K | $4.1M | $5.3M | — | View 990 |
| 2016 | $387K | $492K | $4.2M | $5.3M | — | View 990 |
| 2015 | $383K | $512K | $4.3M | $5.3M | — | View 990 |
| 2014 | $360K | $497K | $4.4M | $5.2M | — | View 990 |
| 2013 | $358K | $498K | $4.6M | $5.2M | — | View 990 |
| 2012 | $346K | $475K | $4.7M | $5.2M | — | View 990 |
| 2011 | $339K | $488K | $4.8M | $5.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $527K, expenses of $577K, and assets of $3.6M (revenue +5.2% year-over-year).
- 2022: Revenue of $501K, expenses of $590K, and assets of $3.7M (revenue +0.6% year-over-year).
- 2021: Revenue of $498K, expenses of $576K, and assets of $3.7M (revenue +7.1% year-over-year).
- 2020: Revenue of $465K, expenses of $559K, and assets of $3.8M (revenue +5.9% year-over-year).
- 2019: Revenue of $439K, expenses of $543K, and assets of $3.9M (revenue +5.8% year-over-year).
- 2018: Revenue of $415K, expenses of $503K, and assets of $4.0M (revenue +3.2% year-over-year).
- 2017: Revenue of $403K, expenses of $513K, and assets of $4.1M (revenue +4.1% year-over-year).
- 2016: Revenue of $387K, expenses of $492K, and assets of $4.2M (revenue +0.9% year-over-year).
- 2015: Revenue of $383K, expenses of $512K, and assets of $4.3M (revenue +6.4% year-over-year).
- 2014: Revenue of $360K, expenses of $497K, and assets of $4.4M (revenue +0.6% year-over-year).
- 2013: Revenue of $358K, expenses of $498K, and assets of $4.6M (revenue +3.5% year-over-year).
- 2012: Revenue of $346K, expenses of $475K, and assets of $4.7M (revenue +2.1% year-over-year).
- 2011: Revenue of $339K, expenses of $488K, and assets of $4.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Heartland Christain Tower Inc:
Data Sources and Methodology
This transparency report for Heartland Christain Tower 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.