Hearts Gathered

Hearts Gathered shows strong revenue and asset growth with no reported officer compensation.

EIN: 141940569 · Omak, WA · Updated: 2026-03-28

$918KRevenue
$437KAssets
85/100Mission Score (Excellent)
Hearts Gathered Financial Summary
MetricValue
Total Revenue$918K
Total Expenses$286K
Program Spending90%
Net Assets$240K
Transparency Score85/100

Search Intent Cockpit

Hearts Gathered Form 990, Revenue, CEO Pay, and IRS Filing Signals

Hearts Gathered is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Hearts Gathered in one place.

Form 990 Filing Summary

11 filing years are available, with latest revenue of $416K and expenses of $286K.

Revenue and Expenses

Hearts Gathered reported $416K in revenue and $286K in expenses, a surplus of $131K.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

85/100 mission score, 2 red flags, and 5 strengths are shown from structured and AI review.

Is Hearts Gathered Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
90%Program Expense
$0Grants Paid
11Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Hearts Gathered Expense Deployment
Program services$257K (90%)

Across stored filings, Hearts Gathered shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

Decision Cockpit

One-Stop Donor, Research, and Peer Context Hub

Hearts Gathered Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 2 red flags identified
Mission spend90% to programsExcellent
Financial durabilityGrade A11 stored filing years
Peer contextCompare with Okanogan Regional HumaneWashington and category context

Trust Check

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Omak, WA nonprofits

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Donation Decision Flow

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2

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90% of spending goes to programs.

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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.

Organization Overview

19Years Operating
SmallSize Classification
11Years of Filings
MixedRevenue Trajectory

Hearts Gathered is a small nonprofit that has been operating for 19 years, with 11 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of 14.7%.

Key Financial Metrics (2021)

From the most recent IRS 990 filing on record:

Total Revenue$416K
Total Expenses$286K
Surplus / Deficit+$131K
Total Assets$241K
Total Liabilities$1K
Net Assets$240K
Operating Margin31.4%
Debt-to-Asset Ratio0.6%
Months of Reserves10.1 months

Financial Health Grade: A

In 2021, Hearts Gathered reported a surplus of $131K with revenue exceeding expenses, holds 10.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.6% (very low leverage).

Financial Trends

Over 11 years of filings (2011–2021), Hearts Gathered's revenue has grown at a compound annual growth rate (CAGR) of 14.7%.

YearRevenue ChangeExpense ChangeAsset Change
2021+17.9%-11.1%+122.5%
2020+9.0%+7.1%+39.6%
2019+11.4%-32.9%+50.6%
2018-28.0%+49.2%-75.6%
2017+71.0%-23.9%+99.7%

IRS Tax-Exempt Classification

IRS Classification Codes2100
IRS Ruling Date2007

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Hearts Gathered demonstrates a generally positive financial trajectory, with significant growth in revenue and assets over the past decade. The organization's latest reported revenue of $918,012 and assets of $437,283 indicate a substantial increase from earlier periods, such as 201212 where revenue was $100,000 and assets were $56,284. This growth suggests increasing capacity and reach. The consistent reporting of 0% officer compensation across all available filings is a notable strength, indicating a strong commitment to directing funds towards programmatic activities rather than executive salaries. However, without detailed expense breakdowns (program, administrative, fundraising) from the provided data, a precise assessment of spending efficiency is limited. The organization's consistent filing history, with 11 filings, points to a commitment to transparency in financial reporting.

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.

Key Financial Metrics (2021)

From the most recent IRS 990 filing on record:

$416KTotal Revenue
$286KTotal Expenses
$241KTotal Assets
$1KTotal Liabilities
$240KNet Assets
  • The organization reported a surplus of $131K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 0.6%.

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?

Hearts Gathered (EIN: 141940569) is a registered tax-exempt nonprofit based in Washington. Our AI analysis gives it a Mission Score of 85/100. It has 11 years of IRS 990 filings on record. Total revenue: $918K. 2 red flags identified. 5 strengths noted. Financial health grade: A.

How does Hearts Gathered spend its money?

Hearts Gathered directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

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 percentage of Hearts Gathered's spending goes to programs?

Hearts Gathered directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

Where is Hearts Gathered located?

Hearts Gathered is headquartered in Omak, Washington and files with the IRS under EIN 141940569.

How many years of IRS 990 filings does Hearts Gathered have?

Hearts Gathered 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 $918K in total revenue.

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.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
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.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Hearts Gathered:

2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

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.

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