Peace Of Heart Community Inc
EIN: 473899098 · Jax Bch, FL · NTEE: L21
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $950K |
| Net Assets | $312K |
Is Peace Of Heart Community Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Peace Of Heart Community Inc
Peace Of Heart Community Inc (EIN: 473899098) is a nonprofit organization based in Jax Bch, FL, classified under NTEE code L21. The organization reported total revenue of $1.3M and total assets of $2.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Peace Of Heart Community Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Peace Of Heart Community Inc is a mid-size nonprofit that has been operating for 9 years, with 7 years of IRS 990 filings on record (2016–2022). Revenue has grown at a compound annual rate of 115.3%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $950K |
| Surplus / Deficit | +$347K |
| Total Assets | $2.2M |
| Total Liabilities | $1.9M |
| Net Assets | $312K |
| Operating Margin | 26.7% |
| Debt-to-Asset Ratio | 85.9% |
| Months of Reserves | 28.0 months |
Financial Health Grade: A
In 2022, Peace Of Heart Community Inc reported a surplus of $347K with revenue exceeding expenses, holds 28.0 months of operating reserves (strong position), has a debt-to-asset ratio of 85.9% (high leverage).
Financial Trends
Over 7 years of filings (2016–2022), Peace Of Heart Community Inc's revenue has grown at a compound annual growth rate (CAGR) of 115.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +49.3% | +28.3% | +19.6% |
| 2021 | +32.6% | +22.0% | +7.4% |
| 2020 | +46.5% | +5.5% | +3.2% |
| 2019 | +34.2% | +189.6% | -6.4% |
| 2018 | +673.7% | -6.0% | +7.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Peace Of Heart Community Inc 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 Peace Of Heart Community Inc 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $347K, with revenue exceeding expenses.
- Debt-to-asset ratio: 85.9%.
Frequently Asked Questions about Peace Of Heart Community Inc
Is Peace Of Heart Community Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Peace Of Heart Community Inc (EIN: 473899098) insufficient data. 0 red flags identified, 0 strengths noted.
How does Peace Of Heart Community Inc spend its money?
Detailed spending breakdown data is not yet available for Peace Of Heart Community Inc. Check back for updated IRS 990 analysis.
Are donations to Peace Of Heart Community Inc tax-deductible?
Peace Of Heart Community Inc is registered as a tax-exempt nonprofit (EIN: 473899098). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Peace Of Heart Community Inc located?
Peace Of Heart Community Inc is headquartered in Jax Bch, Florida and files with the IRS under EIN 473899098. It is classified under NTEE code L21.
How many years of IRS 990 filings does Peace Of Heart Community Inc have?
Peace Of Heart Community Inc has 7 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 $1.3M in total revenue.
Filing History
IRS 990 filing history for Peace Of Heart Community Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2016–2022), Peace Of Heart Community Inc's revenue has grown by 9872.5%, moving from $13K to $1.3M. Total assets increased by 107.9% over the same period, from $1.1M to $2.2M. Total functional expenses rose by 907.8%, from $94K to $950K. In its most recent filing year (2022), Peace Of Heart Community Inc reported a surplus of $347K, with revenue exceeding expenses. The organization holds $1.9M in liabilities against $2.2M in assets (debt-to-asset ratio: 85.9%), resulting in net assets of $312K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $1.3M | $950K | $2.2M | $1.9M | — | View 990 |
| 2021 | $869K | $741K | $1.9M | $1.9M | — | View 990 |
| 2020 | $655K | $607K | $1.7M | $1.9M | — | View 990 |
| 2019 | $447K | $576K | $1.7M | $1.9M | — | View 990 |
| 2018 | $333K | $199K | $1.8M | $1.9M | — | View 990 |
| 2017 | $43K | $212K | $1.7M | $1.9M | — | View 990 |
| 2016 | $13K | $94K | $1.1M | $1.1M | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $1.3M, expenses of $950K, and assets of $2.2M (revenue +49.3% year-over-year).
- 2021: Revenue of $869K, expenses of $741K, and assets of $1.9M (revenue +32.6% year-over-year).
- 2020: Revenue of $655K, expenses of $607K, and assets of $1.7M (revenue +46.5% year-over-year).
- 2019: Revenue of $447K, expenses of $576K, and assets of $1.7M (revenue +34.2% year-over-year).
- 2018: Revenue of $333K, expenses of $199K, and assets of $1.8M (revenue +673.7% year-over-year).
- 2017: Revenue of $43K, expenses of $212K, and assets of $1.7M (revenue +231.3% year-over-year).
- 2016: Revenue of $13K, expenses of $94K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Peace Of Heart Community Inc:
Data Sources and Methodology
This transparency report for Peace Of Heart Community 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.