Heartlight Ministries Foundation
Heartlight Ministries Foundation frequently spends more than it earns, maintaining assets while reporting no officer compensation.
EIN: 203179800 · Longview, TX · NTEE: O50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.1M |
| Total Expenses | $2.2M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $5 |
| Net Assets | $3.4M |
| Transparency Score | 75/100 |
Is Heartlight Ministries Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Heartlight Ministries Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Heartlight Ministries Foundation
Heartlight Ministries Foundation (EIN: 203179800) is a nonprofit organization based in Longview, TX, classified under NTEE code O50. The organization reported total revenue of $3.1M and total assets of $5.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Heartlight Ministries Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Heartlight Ministries Foundation is a mid-size nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.7M |
| Total Expenses | $2.2M |
| Surplus / Deficit | $-573,220 |
| Total Assets | $5.1M |
| Total Liabilities | $1.7M |
| Net Assets | $3.4M |
| Operating Margin | -34.4% |
| Debt-to-Asset Ratio | 33.8% |
| Months of Reserves | 27.2 months |
Financial Health Grade: B
In 2023, Heartlight Ministries Foundation reported a deficit of $573K with expenses exceeding revenue, holds 27.2 months of operating reserves (strong position), has a debt-to-asset ratio of 33.8% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Heartlight Ministries Foundation's revenue has grown at a compound annual growth rate (CAGR) of 3.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.9% | +6.7% | -8.2% |
| 2022 | -33.0% | +0.4% | -9.7% |
| 2021 | +12.5% | -5.9% | +6.4% |
| 2020 | +33.4% | -6.9% | +2.4% |
| 2019 | -43.5% | +20.0% | -12.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Heartlight Ministries Foundation with a Mission Score of 75 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, Heartlight Ministries Foundation 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 $573K, with expenses exceeding revenue.
- Debt-to-asset ratio: 33.8%.
Executive Compensation Analysis
Heartlight Ministries Foundation consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is highly unusual for an organization of its size with assets over $5 million and annual expenses exceeding $2 million.
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 Heartlight Ministries Foundation's IRS 990 filings:
- Consistent deficit spending (expenses exceeding revenue) in recent years, such as in 2023 ($2,238,014 expenses vs. $1,664,794 revenue) and 2022 ($2,096,958 expenses vs. $1,634,263 revenue).
- Increasing liabilities trend, reaching $1,710,513 in 2023, which could indicate growing financial obligations.
- Unusual consistent reporting of 0% officer compensation for an organization of this size, which warrants further inquiry into executive leadership compensation structures.
Strengths
The following positive indicators were identified for Heartlight Ministries Foundation:
- Strong asset base, consistently over $5 million, providing financial stability.
- Long history of IRS 990 filings (13 filings), indicating good transparency and compliance.
- No reported officer compensation, suggesting a potential commitment to directing funds to mission-related activities.
Frequently Asked Questions about Heartlight Ministries Foundation
Is Heartlight Ministries Foundation a legitimate charity?
Heartlight Ministries Foundation (EIN: 203179800) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $3.1M. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Heartlight Ministries Foundation spend its money?
Heartlight Ministries Foundation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Heartlight Ministries Foundation tax-deductible?
Heartlight Ministries Foundation is registered as a tax-exempt nonprofit (EIN: 203179800). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Heartlight Ministries Foundation CEO make?
Heartlight Ministries Foundation's highest-compensated officer earns $5 annually. The organization reported $3.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Heartlight Ministries Foundation's spending goes to programs?
Heartlight Ministries Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Heartlight Ministries Foundation compare to similar nonprofits?
With a transparency score of 75/100 (Good), Heartlight Ministries Foundation is above average for NTEE category O50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Heartlight Ministries Foundation located?
Heartlight Ministries Foundation is headquartered in Longview, Texas and files with the IRS under EIN 203179800. It is classified under NTEE code O50.
How many years of IRS 990 filings does Heartlight Ministries Foundation have?
Heartlight Ministries Foundation 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 $3.1M in total revenue.
How does Heartlight Ministries Foundation cover its operational deficits, given that expenses frequently exceed revenue?
The organization frequently reports expenses exceeding revenue (e.g., $2,238,014 expenses vs. $1,664,794 revenue in 2023). This suggests they may be drawing from accumulated reserves, investment income not classified as program revenue, or other non-operating income sources to cover the difference.
What is the specific breakdown of program, administrative, and fundraising expenses?
The provided data does not offer a detailed functional expense breakdown. A full IRS Form 990 would be needed to determine the exact percentages allocated to programs, administration, and fundraising.
Why is officer compensation consistently reported as 0%?
The filings consistently show 0% officer compensation. This could mean that officers are volunteers, compensated through other means not classified as 'officer compensation' on the 990, or that the organization has a unique compensation structure.
Filing History
IRS 990 filing history for Heartlight Ministries Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Heartlight Ministries Foundation's revenue has grown by 42.3%, moving from $1.2M to $1.7M. Total assets increased by 279.8% over the same period, from $1.3M to $5.1M. Total functional expenses rose by 124.3%, from $998K to $2.2M. In its most recent filing year (2023), Heartlight Ministries Foundation reported a deficit of $573K, with expenses exceeding revenue. The organization holds $1.7M in liabilities against $5.1M in assets (debt-to-asset ratio: 33.8%), resulting in net assets of $3.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.7M | $2.2M | $5.1M | $1.7M | — | View 990 |
| 2022 | $1.6M | $2.1M | $5.5M | $1.6M | — | View 990 |
| 2021 | $2.4M | $2.1M | $6.1M | $1.7M | — | View 990 |
| 2020 | $2.2M | $2.2M | $5.7M | $1.7M | — | View 990 |
| 2019 | $1.6M | $2.4M | $5.6M | $1.5M | — | View 990 |
| 2018 | $2.9M | $2.0M | $6.4M | $1.4M | — | View 990 |
| 2017 | $1.4M | $1.6M | $5.6M | $1.6M | — | View 990 |
| 2016 | $1.5M | $1.3M | $4.7M | $570K | — | View 990 |
| 2015 | $1.7M | $1.7M | $4.4M | $466K | — | View 990 |
| 2014 | $2.1M | $1.5M | $4.4M | $419K | — | View 990 |
| 2013 | $3.6M | $1.3M | $3.4M | $216K | — | View 990 |
| 2012 | $956K | $1.0M | $1.2M | $320K | — | View 990 |
| 2011 | $1.2M | $998K | $1.3M | $374K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.7M, expenses of $2.2M, and assets of $5.1M (revenue +1.9% year-over-year).
- 2022: Revenue of $1.6M, expenses of $2.1M, and assets of $5.5M (revenue -33.0% year-over-year).
- 2021: Revenue of $2.4M, expenses of $2.1M, and assets of $6.1M (revenue +12.5% year-over-year).
- 2020: Revenue of $2.2M, expenses of $2.2M, and assets of $5.7M (revenue +33.4% year-over-year).
- 2019: Revenue of $1.6M, expenses of $2.4M, and assets of $5.6M (revenue -43.5% year-over-year).
- 2018: Revenue of $2.9M, expenses of $2.0M, and assets of $6.4M (revenue +99.7% year-over-year).
- 2017: Revenue of $1.4M, expenses of $1.6M, and assets of $5.6M (revenue -5.0% year-over-year).
- 2016: Revenue of $1.5M, expenses of $1.3M, and assets of $4.7M (revenue -8.6% year-over-year).
- 2015: Revenue of $1.7M, expenses of $1.7M, and assets of $4.4M (revenue -21.3% year-over-year).
- 2014: Revenue of $2.1M, expenses of $1.5M, and assets of $4.4M (revenue -41.9% year-over-year).
- 2013: Revenue of $3.6M, expenses of $1.3M, and assets of $3.4M (revenue +279.6% year-over-year).
- 2012: Revenue of $956K, expenses of $1.0M, and assets of $1.2M (revenue -18.3% year-over-year).
- 2011: Revenue of $1.2M, expenses of $998K, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Heartlight Ministries Foundation:
Data Sources and Methodology
This transparency report for Heartlight Ministries Foundation 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.