Heartland For Children Inc
Heartland For Children Inc shows consistent revenue growth and efficient spending with no reported officer compensation.
EIN: 20619609 · Bartow, FL · NTEE: O50 · Updated: 2026-03-28
Is Heartland For Children Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Heartland For Children Inc directs 99% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Heartland For Children Inc
Heartland For Children Inc (EIN: 20619609) is a nonprofit organization based in Bartow, FL, classified under NTEE code O50. The organization reported total revenue of $69.5M and total assets of $11.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Heartland For Children Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Heartland For Children Inc is a major nonprofit that has been operating for 24 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $67.1M |
| Total Expenses | $66.9M |
| Surplus / Deficit | +$138K |
| Total Assets | $11.1M |
| Total Liabilities | $8.1M |
| Net Assets | $3.0M |
| Operating Margin | 0.2% |
| Debt-to-Asset Ratio | 72.8% |
| Months of Reserves | 2.0 months |
Financial Health Grade: B
In 2023, Heartland For Children Inc reported a surplus of $138K with revenue exceeding expenses, holds 2.0 months of operating reserves (limited), has a debt-to-asset ratio of 72.8% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Heartland For Children Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +28.9% | +29.3% | +6.9% |
| 2022 | +7.0% | +6.9% | +9.7% |
| 2021 | +1.5% | +1.8% | +19.2% |
| 2020 | +7.4% | +6.9% | -4.1% |
| 2019 | +1.7% | +2.3% | -8.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
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 For Children Inc with a Mission Score of 95 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: 1%
- programs: 99%
- fundraising: 0%
According to IRS 990 filings, Heartland For Children Inc allocates its expenses as follows: admin: 1%, programs: 99%, fundraising: 0%. With 99% 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 $138K, with revenue exceeding expenses.
- Debt-to-asset ratio: 72.8%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization of this size and revenue, suggesting either volunteer leadership or compensation is categorized differently.
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 For Children Inc's IRS 990 filings:
- Unusually low administrative and fundraising expenses, potentially indicating these costs are embedded within program expenses or not fully disclosed, or that the organization operates with an exceptionally lean overhead structure.
- Consistent 0% officer compensation reported, which is highly unusual for an organization with nearly $70 million in revenue and may warrant further investigation into how leadership is compensated or structured.
Strengths
The following positive indicators were identified for Heartland For Children Inc:
- Strong program spending efficiency, with expenses closely matching revenue (e.g., $66,915,503 expenses vs. $67,053,625 revenue in 202306).
- Consistent and significant revenue growth over the past five years, indicating expanding impact and funding.
- Healthy asset-to-liability ratio, demonstrating financial stability and responsible management of resources.
- No reported officer compensation, suggesting a high dedication of funds directly to the mission.
Frequently Asked Questions about Heartland For Children Inc
Is Heartland For Children Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Heartland For Children Inc (EIN: 20619609) some concerns. Mission Score: 95/100. 2 red flags identified, 4 strengths noted.
How does Heartland For Children Inc spend its money?
Heartland For Children Inc directs 99% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Heartland For Children Inc tax-deductible?
Heartland For Children Inc is registered as a tax-exempt nonprofit (EIN: 20619609). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Heartland For Children Inc a good charity?
Based on the available financial data, Heartland For Children Inc appears to be a very good charity. It demonstrates strong program spending, consistent revenue growth, and no reported officer compensation, suggesting a high dedication to its mission.
How has Heartland For Children Inc's revenue changed over time?
Heartland For Children Inc has experienced significant revenue growth, increasing from $44,600,422 in 201906 to $67,053,625 in 202306, indicating an expanding operational scale.
What is the organization's financial stability?
The organization shows good financial stability with assets of $11,067,523 exceeding liabilities of $8,055,153 in 202306, and a consistent trend of asset growth.
Filing History
IRS 990 filing history for Heartland For Children Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Heartland For Children Inc's revenue has grown by 55.4%, moving from $43.1M to $67.1M. Total assets increased by 50.3% over the same period, from $7.4M to $11.1M. Total functional expenses rose by 55.3%, from $43.1M to $66.9M. In its most recent filing year (2023), Heartland For Children Inc reported a surplus of $138K, with revenue exceeding expenses. The organization holds $8.1M in liabilities against $11.1M in assets (debt-to-asset ratio: 72.8%), resulting in net assets of $3.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $67.1M | $66.9M | $11.1M | $8.1M | — | View 990 |
| 2022 | $52.0M | $51.7M | $10.4M | $7.5M | — | View 990 |
| 2021 | $48.6M | $48.4M | $9.4M | $6.8M | — | View 990 |
| 2020 | $47.9M | $47.5M | $7.9M | $5.5M | — | View 990 |
| 2019 | $44.6M | $44.5M | $8.3M | $6.2M | — | View 990 |
| 2018 | $43.9M | $43.5M | $9.0M | $7.1M | — | View 990 |
| 2017 | $44.3M | $44.0M | $8.4M | $6.9M | — | View 990 |
| 2016 | $41.9M | $41.6M | $9.1M | $7.8M | — | View 990 |
| 2015 | $41.7M | $41.7M | $7.3M | $6.3M | — | View 990 |
| 2014 | $43.1M | $43.0M | $7.4M | $6.5M | — | View 990 |
| 2013 | $42.0M | $41.8M | $7.7M | $6.8M | — | View 990 |
| 2012 | $42.3M | $42.4M | $7.2M | $6.5M | — | View 990 |
| 2011 | $43.1M | $43.1M | $7.4M | $6.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $67.1M, expenses of $66.9M, and assets of $11.1M (revenue +28.9% year-over-year).
- 2022: Revenue of $52.0M, expenses of $51.7M, and assets of $10.4M (revenue +7.0% year-over-year).
- 2021: Revenue of $48.6M, expenses of $48.4M, and assets of $9.4M (revenue +1.5% year-over-year).
- 2020: Revenue of $47.9M, expenses of $47.5M, and assets of $7.9M (revenue +7.4% year-over-year).
- 2019: Revenue of $44.6M, expenses of $44.5M, and assets of $8.3M (revenue +1.7% year-over-year).
- 2018: Revenue of $43.9M, expenses of $43.5M, and assets of $9.0M (revenue -1.0% year-over-year).
- 2017: Revenue of $44.3M, expenses of $44.0M, and assets of $8.4M (revenue +5.6% year-over-year).
- 2016: Revenue of $41.9M, expenses of $41.6M, and assets of $9.1M (revenue +0.6% year-over-year).
- 2015: Revenue of $41.7M, expenses of $41.7M, and assets of $7.3M (revenue -3.2% year-over-year).
- 2014: Revenue of $43.1M, expenses of $43.0M, and assets of $7.4M (revenue +2.7% year-over-year).
- 2013: Revenue of $42.0M, expenses of $41.8M, and assets of $7.7M (revenue -0.8% year-over-year).
- 2012: Revenue of $42.3M, expenses of $42.4M, and assets of $7.2M (revenue -2.0% year-over-year).
- 2011: Revenue of $43.1M, expenses of $43.1M, and assets of $7.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Heartland For Children Inc:
Data Sources and Methodology
This transparency report for Heartland For Children 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.