Hearts Gathered
Hearts Gathered shows strong revenue and asset growth with no reported officer compensation.
EIN: 141940569 · Omak, WA · Updated: 2026-03-28
Is Hearts Gathered Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hearts Gathered directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hearts Gathered
Hearts Gathered (EIN: 141940569) is a nonprofit organization based in Omak, WA. The organization reported total revenue of $918K and total assets of $437K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hearts Gathered's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Hearts Gathered 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Hearts Gathered allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Hearts Gathered consistently reports 0% officer compensation across all available filings, which is highly commendable and suggests that all leadership roles are either volunteer-based or compensated through other means not classified as officer compensation, allowing more funds to be directed to the mission.
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 Hearts Gathered's IRS 990 filings:
- NTEE Code is unknown, which limits understanding of their specific charitable focus.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided summary prevents a precise efficiency analysis.
Strengths
The following positive indicators were identified for Hearts Gathered:
- Consistent revenue growth over the past decade, from $100,000 in 201212 to $918,012 currently.
- Significant asset growth, indicating increasing financial stability and capacity.
- 0% officer compensation reported across all filings, demonstrating a strong commitment to mission-focused spending.
- Consistent IRS 990 filing history (11 filings), indicating good governance and transparency.
- Low liabilities relative to assets and revenue, suggesting sound financial management.
Frequently Asked Questions about Hearts Gathered
Is Hearts Gathered a legitimate charity?
Based on AI analysis of IRS 990 filings, Hearts Gathered (EIN: 141940569) some concerns. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
How does Hearts Gathered spend its money?
Hearts Gathered directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Hearts Gathered tax-deductible?
Hearts Gathered is registered as a tax-exempt nonprofit (EIN: 141940569). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What are the specific programs Hearts Gathered operates?
The provided IRS 990 data does not detail specific programs, only financial aggregates. Further investigation into their website or full 990 forms would be needed.
How does Hearts Gathered manage its liabilities?
Liabilities have generally remained low, with the highest reported at $17,090 in 201312, and as low as $0 in 201812, suggesting prudent financial management in this area.
What caused the significant revenue increase to $918,012 in the latest period from $416,216 in 202112?
The provided data shows a substantial jump in 'Latest Revenue' to $918,012 compared to the last detailed filing period (202112) of $416,216. This could be due to a major grant, a successful fundraising campaign, or an expansion of services, but the specific reason is not detailed in the provided summary.
Filing History
IRS 990 filing history for Hearts Gathered showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2021), Hearts Gathered's revenue has grown by 294.9%, moving from $105K to $416K. Total assets increased by 69.6% over the same period, from $142K to $241K. Total functional expenses rose by 30.7%, from $219K to $286K. In its most recent filing year (2021), Hearts Gathered reported a surplus of $131K, with revenue exceeding expenses. The organization holds $1K in liabilities against $241K in assets (debt-to-asset ratio: 0.6%), resulting in net assets of $240K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2021 | $416K | $286K | $241K | $1K | — | — |
| 2020 | $353K | $321K | $108K | $2K | — | View 990 |
| 2019 | $324K | $300K | $78K | $2K | — | View 990 |
| 2018 | $291K | $447K | $52K | $0 | — | View 990 |
| 2017 | $403K | $300K | $211K | $3K | — | — |
| 2016 | $236K | $394K | $106K | $839 | — | View 990 |
| 2015 | $500K | $376K | $268K | $5K | — | View 990 |
| 2014 | $577K | $629K | $154K | $15K | — | View 990 |
| 2013 | $503K | $369K | $200K | $17K | — | View 990 |
| 2012 | $100K | $193K | $56K | $7K | — | View 990 |
| 2011 | $105K | $219K | $142K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $416K, expenses of $286K, and assets of $241K (revenue +17.9% year-over-year).
- 2020: Revenue of $353K, expenses of $321K, and assets of $108K (revenue +9.0% year-over-year).
- 2019: Revenue of $324K, expenses of $300K, and assets of $78K (revenue +11.4% year-over-year).
- 2018: Revenue of $291K, expenses of $447K, and assets of $52K (revenue -28.0% year-over-year).
- 2017: Revenue of $403K, expenses of $300K, and assets of $211K (revenue +71.0% year-over-year).
- 2016: Revenue of $236K, expenses of $394K, and assets of $106K (revenue -52.8% year-over-year).
- 2015: Revenue of $500K, expenses of $376K, and assets of $268K (revenue -13.4% year-over-year).
- 2014: Revenue of $577K, expenses of $629K, and assets of $154K (revenue +14.7% year-over-year).
- 2013: Revenue of $503K, expenses of $369K, and assets of $200K (revenue +403.2% year-over-year).
- 2012: Revenue of $100K, expenses of $193K, and assets of $56K (revenue -5.1% year-over-year).
- 2011: Revenue of $105K, expenses of $219K, and assets of $142K.
Data Sources and Methodology
This transparency report for Hearts Gathered 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.