Hearts For The Lost
EIN: 455512615 · Iva, SC · NTEE: X20
| Metric | Value |
|---|---|
| Total Revenue | $8K |
| Total Expenses | $10K |
| Net Assets | $10K |
Is Hearts For The Lost Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hearts For The Lost
Hearts For The Lost (EIN: 455512615) is a nonprofit organization based in Iva, SC, classified under NTEE code X20. The organization reported total revenue of $8K and total assets of $12K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hearts For The Lost's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hearts For The Lost is a micro 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 -8.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $11K |
| Total Expenses | $10K |
| Surplus / Deficit | +$1K |
| Total Assets | $10K |
| Net Assets | $10K |
| Operating Margin | 12.9% |
| Months of Reserves | 12.1 months |
Financial Health Grade: A
In 2023, Hearts For The Lost reported a surplus of $1K with revenue exceeding expenses, holds 12.1 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2013–2023), Hearts For The Lost's revenue has declined at a compound annual growth rate (CAGR) of -8.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -19.2% | -40.1% | +17.2% |
| 2022 | +15.5% | +75.2% | -22.2% |
| 2021 | +14.2% | +51.1% | +33.5% |
| 2020 | -11.2% | -32.3% | +117.3% |
| 2019 | +50.8% | -4.4% | +285.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hearts For The Lost 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 Hearts For The Lost 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1K, with revenue exceeding expenses.
Frequently Asked Questions about Hearts For The Lost
Is Hearts For The Lost a legitimate charity?
Based on AI analysis of IRS 990 filings, Hearts For The Lost (EIN: 455512615) insufficient data. 0 red flags identified, 0 strengths noted.
How does Hearts For The Lost spend its money?
Detailed spending breakdown data is not yet available for Hearts For The Lost. Check back for updated IRS 990 analysis.
Are donations to Hearts For The Lost tax-deductible?
Hearts For The Lost is registered as a tax-exempt nonprofit (EIN: 455512615). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hearts For The Lost located?
Hearts For The Lost is headquartered in Iva, South Carolina and files with the IRS under EIN 455512615. It is classified under NTEE code X20.
How many years of IRS 990 filings does Hearts For The Lost have?
Hearts For The Lost 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 $8K in total revenue.
Filing History
IRS 990 filing history for Hearts For The Lost showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Hearts For The Lost's revenue has declined by 57.6%, moving from $26K to $11K. Total assets increased by 50.5% over the same period, from $7K to $10K. Total functional expenses fell by 56.5%, from $22K to $10K. In its most recent filing year (2023), Hearts For The Lost reported a surplus of $1K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $11K | $10K | $10K | $0 | — | View 990 |
| 2022 | $14K | $16K | $8K | $0 | — | View 990 |
| 2021 | $12K | $9K | $11K | $0 | — | — |
| 2020 | $10K | $6K | $8K | $0 | — | — |
| 2019 | $12K | $9K | $4K | $0 | — | View 990 |
| 2018 | $8K | $9K | $965 | $0 | — | View 990 |
| 2017 | $11K | $10K | $3K | $0 | — | View 990 |
| 2016 | $18K | $20K | $2K | $0 | — | View 990 |
| 2015 | $21K | $19K | $5K | $0 | — | View 990 |
| 2014 | $18K | $22K | $3K | $0 | — | View 990 |
| 2013 | $26K | $22K | $7K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $11K, expenses of $10K, and assets of $10K (revenue -19.2% year-over-year).
- 2022: Revenue of $14K, expenses of $16K, and assets of $8K (revenue +15.5% year-over-year).
- 2021: Revenue of $12K, expenses of $9K, and assets of $11K (revenue +14.2% year-over-year).
- 2020: Revenue of $10K, expenses of $6K, and assets of $8K (revenue -11.2% year-over-year).
- 2019: Revenue of $12K, expenses of $9K, and assets of $4K (revenue +50.8% year-over-year).
- 2018: Revenue of $8K, expenses of $9K, and assets of $965 (revenue -28.4% year-over-year).
- 2017: Revenue of $11K, expenses of $10K, and assets of $3K (revenue -37.6% year-over-year).
- 2016: Revenue of $18K, expenses of $20K, and assets of $2K (revenue -16.4% year-over-year).
- 2015: Revenue of $21K, expenses of $19K, and assets of $5K (revenue +15.1% year-over-year).
- 2014: Revenue of $18K, expenses of $22K, and assets of $3K (revenue -30.8% year-over-year).
- 2013: Revenue of $26K, expenses of $22K, and assets of $7K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hearts For The Lost:
Data Sources and Methodology
This transparency report for Hearts For The Lost 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.