Heartland Community Association
Heartland Community Association shows consistent revenue and asset growth with no reported officer compensation.
EIN: 204261457 · Scottsdale, AZ · NTEE: L50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.4M |
| Total Expenses | $2.7M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $3 |
| Net Assets | $1.6M |
| Transparency Score | 85/100 |
Is Heartland Community Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Heartland Community Association directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Heartland Community Association
Heartland Community Association (EIN: 204261457) is a nonprofit organization based in Scottsdale, AZ, classified under NTEE code L50. The organization reported total revenue of $3.4M and total assets of $2.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Heartland Community Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Heartland Community Association is a mid-size nonprofit that has been operating for 12 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 50.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.1M |
| Total Expenses | $2.7M |
| Surplus / Deficit | +$358K |
| Total Assets | $2.0M |
| Total Liabilities | $342K |
| Net Assets | $1.6M |
| Operating Margin | 11.6% |
| Debt-to-Asset Ratio | 17.3% |
| Months of Reserves | 8.7 months |
Financial Health Grade: A
In 2023, Heartland Community Association reported a surplus of $358K with revenue exceeding expenses, holds 8.7 months of operating reserves (strong position), has a debt-to-asset ratio of 17.3% (very low leverage).
Financial Trends
Over 11 years of filings (2013–2023), Heartland Community Association's revenue has grown at a compound annual growth rate (CAGR) of 50.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.8% | +10.8% | +24.1% |
| 2022 | +28.3% | +29.9% | +16.4% |
| 2021 | +27.2% | +16.5% | +24.5% |
| 2020 | +8.9% | +13.8% | +13.5% |
| 2019 | +25.6% | +48.1% | +11.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2014 |
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 Community Association with a Mission Score of 85 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 Community Association 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 surplus of $358K, with revenue exceeding expenses.
- Debt-to-asset ratio: 17.3%.
Executive Compensation Analysis
Heartland Community Association consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size with revenues exceeding $3 million. This suggests either a fully volunteer-led executive team or that executive compensation is categorized under other expense lines, which could obscure a complete picture of administrative costs.
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 Community Association's IRS 990 filings:
- 0% Officer Compensation reported for an organization with over $3M in revenue, which may indicate compensation is reported elsewhere or a lack of transparency in this specific line item.
Strengths
The following positive indicators were identified for Heartland Community Association:
- Consistent revenue growth, increasing from $1,518,100 in 2019 to $3,069,652 in 2023.
- Healthy asset growth, more than doubling from $967,760 in 2019 to $1,976,082 in 2023.
- Consistent operating surplus, with revenues generally exceeding expenses.
- Low liabilities relative to assets, indicating strong financial stability.
- No reported officer compensation, suggesting efficient use of funds at the executive level (with the caveat of potential reporting nuances).
Frequently Asked Questions about Heartland Community Association
Is Heartland Community Association a legitimate charity?
Heartland Community Association (EIN: 204261457) is a registered tax-exempt nonprofit based in Arizona. Our AI analysis gives it a Mission Score of 85/100. It has 11 years of IRS 990 filings on record. Total revenue: $3.4M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Heartland Community Association spend its money?
Heartland Community Association directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Heartland Community Association tax-deductible?
Heartland Community Association is registered as a tax-exempt nonprofit (EIN: 204261457). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Heartland Community Association CEO make?
Heartland Community Association's highest-compensated officer earns $3 annually. The organization reported $3.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Heartland Community Association's spending goes to programs?
Heartland Community Association directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Heartland Community Association compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Heartland Community Association is above average for NTEE category L50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Heartland Community Association located?
Heartland Community Association is headquartered in Scottsdale, Arizona and files with the IRS under EIN 204261457. It is classified under NTEE code L50.
How many years of IRS 990 filings does Heartland Community Association have?
Heartland Community Association has 11 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 $3.4M in total revenue.
Is Heartland Community Association a good charity?
Based on the provided financial data, Heartland Community Association appears to be a well-managed organization with consistent revenue growth and a healthy asset base. The absence of reported officer compensation is a strong positive indicator of resource allocation. However, a detailed breakdown of program vs. administrative expenses would provide a more complete picture of its efficiency.
How has Heartland Community Association's financial health changed over time?
Heartland Community Association has shown significant financial growth. Revenue has more than doubled from $1,518,100 in 2019 to $3,069,652 in 2023, and assets have also more than doubled from $967,760 to $1,976,082 in the same period, indicating robust financial health and expansion.
What is the trend in Heartland Community Association's expenses?
Expenses have increased in line with revenue growth, from $1,421,114 in 2019 to $2,712,064 in 2023. The organization has generally maintained a positive operating margin, with revenues consistently exceeding expenses in recent years, contributing to asset growth.
Filing History
IRS 990 filing history for Heartland Community Association showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Heartland Community Association's revenue has grown by 5651.5%, moving from $53K to $3.1M. Total assets increased by 1119.9% over the same period, from $162K to $2.0M. Total functional expenses rose by 1159%, from $215K to $2.7M. In its most recent filing year (2023), Heartland Community Association reported a surplus of $358K, with revenue exceeding expenses. The organization holds $342K in liabilities against $2.0M in assets (debt-to-asset ratio: 17.3%), resulting in net assets of $1.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.1M | $2.7M | $2.0M | $342K | — | — |
| 2022 | $2.7M | $2.4M | $1.6M | $316K | — | — |
| 2021 | $2.1M | $1.9M | $1.4M | $342K | — | View 990 |
| 2020 | $1.7M | $1.6M | $1.1M | $291K | — | View 990 |
| 2019 | $1.5M | $1.4M | $968K | $195K | — | View 990 |
| 2018 | $1.2M | $960K | $871K | $196K | — | View 990 |
| 2017 | $1.1M | $855K | $578K | $152K | — | View 990 |
| 2016 | $893K | $901K | $291K | $128K | — | View 990 |
| 2015 | $794K | $740K | $282K | $111K | — | View 990 |
| 2014 | $770K | $740K | $196K | $79K | — | View 990 |
| 2013 | $53K | $215K | $162K | $31K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.1M, expenses of $2.7M, and assets of $2.0M (revenue +13.8% year-over-year).
- 2022: Revenue of $2.7M, expenses of $2.4M, and assets of $1.6M (revenue +28.3% year-over-year).
- 2021: Revenue of $2.1M, expenses of $1.9M, and assets of $1.4M (revenue +27.2% year-over-year).
- 2020: Revenue of $1.7M, expenses of $1.6M, and assets of $1.1M (revenue +8.9% year-over-year).
- 2019: Revenue of $1.5M, expenses of $1.4M, and assets of $968K (revenue +25.6% year-over-year).
- 2018: Revenue of $1.2M, expenses of $960K, and assets of $871K (revenue +8.1% year-over-year).
- 2017: Revenue of $1.1M, expenses of $855K, and assets of $578K (revenue +25.2% year-over-year).
- 2016: Revenue of $893K, expenses of $901K, and assets of $291K (revenue +12.6% year-over-year).
- 2015: Revenue of $794K, expenses of $740K, and assets of $282K (revenue +3.0% year-over-year).
- 2014: Revenue of $770K, expenses of $740K, and assets of $196K (revenue +1343.0% year-over-year).
- 2013: Revenue of $53K, expenses of $215K, and assets of $162K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Heartland Community Association:
Data Sources and Methodology
This transparency report for Heartland Community Association 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.