Pink Heart Funds

Pink Heart Funds maintains stable assets and zero officer compensation amidst fluctuating revenues.

EIN: 208907897 · Gulfport, MS · NTEE: P99 · Updated: 2026-03-28

$293KRevenue

$597KAssets

88/100Mission Score (Excellent)

P99

About Pink Heart Funds

Pink Heart Funds (EIN: 208907897) is a nonprofit organization based in Gulfport, MS, classified under NTEE code P99. The organization reported total revenue of $293K and total assets of $597K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pink Heart Funds's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Pink Heart Funds demonstrates generally sound financial health, with assets consistently exceeding liabilities across its filing history, indicating a stable balance sheet. The organization's revenue has fluctuated significantly over the years, ranging from a low of $65,621 in 2020 to a high of $345,743 in 2018, suggesting reliance on variable funding sources. Despite these fluctuations, expenses have largely remained below revenue in most recent periods, such as in 2023 where revenue was $160,275 against expenses of $107,023, allowing for asset growth. The organization's transparency is commendable, particularly given its consistent reporting of 0% officer compensation, which suggests a volunteer-driven leadership or very modest operational costs at the executive level. This practice enhances trust and indicates that donor funds are likely directed towards programmatic activities rather than high administrative salaries.

Spending efficiency appears strong, especially with the absence of reported officer compensation. While a detailed functional expense breakdown (program, admin, fundraising) is not provided in the summary data, the overall financial picture suggests a lean operational model. The organization has managed to grow its assets to $456,616 by the end of 2023, up from $166,100 in 2015, demonstrating effective financial management and accumulation of resources over time. The relatively low liabilities, such as $2,743 in 2023, further reinforce a healthy financial position and responsible fiscal practices. The consistent filing of IRS Form 990s over 13 periods also reflects a commitment to regulatory compliance and public transparency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Pink Heart Funds with a Mission Score of 88 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: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, Pink Heart Funds allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through non-officer roles, which is highly unusual for an organization with nearly $300,000 in annual revenue and over $450,000 in assets.

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 Pink Heart Funds's IRS 990 filings:

Significant year-over-year revenue volatility, indicating potential funding instability.
Lack of detailed functional expense breakdown (program, admin, fundraising) in provided data, limiting full spending efficiency analysis.

Strengths

The following positive indicators were identified for Pink Heart Funds:

Consistent reporting of 0% officer compensation, suggesting high efficiency in leadership costs.
Healthy asset-to-liability ratio, indicating strong financial stability (e.g., $456,616 assets vs. $2,743 liabilities in 2023).
Consistent growth in net assets over time, demonstrating effective financial management.
Long history of IRS 990 filings (13 filings), indicating commitment to transparency and compliance.

Frequently Asked Questions about Pink Heart Funds

Is Pink Heart Funds a good charity?

Based on the available financial data, Pink Heart Funds appears to be a financially stable organization with a strong commitment to transparency, particularly regarding executive compensation. Its consistent asset growth and low liabilities suggest responsible financial management. However, without a detailed breakdown of program spending versus administrative and fundraising costs, a definitive assessment of its programmatic impact efficiency is limited.

How does Pink Heart Funds manage to operate with 0% officer compensation?

The consistent reporting of 0% officer compensation suggests that the organization's leadership may be entirely volunteer-based, or that any compensation for key personnel is categorized differently and not reported as officer compensation on the 990 forms. This is a significant factor in its operational efficiency.

What is the trend in Pink Heart Funds' revenue?

Pink Heart Funds' revenue has been highly variable, with significant fluctuations year-to-year. For example, revenue was $345,743 in 2018, dropped to $65,621 in 2020, and then recovered to $160,275 in 2023. This indicates a potential reliance on inconsistent funding sources or event-based fundraising.

Are Pink Heart Funds' assets growing?

Yes, Pink Heart Funds' assets have shown a general upward trend over the past decade, growing from $166,100 in 2015 to $456,616 in 2023, indicating effective financial management and accumulation of resources.

Filing History

IRS 990 filing history for Pink Heart Funds showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Pink Heart Funds's revenue has grown by 22.8%, moving from $130K to $160K. Total assets increased by 153.7% over the same period, from $180K to $457K. Total functional expenses fell by 17.5%, from $130K to $107K. In its most recent filing year (2023), Pink Heart Funds reported a surplus of $53K, with revenue exceeding expenses. The organization holds $3K in liabilities against $457K in assets (debt-to-asset ratio: 0.6%), resulting in net assets of $454K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$160K	$107K	$457K	$3K	—	—
2022	$203K	$261K	$403K	$2K	—	View 990
2021	$132K	$120K	$460K	$1K	—	View 990
2020	$66K	$163K	$447K	$132	—	View 990
2019	$129K	$100K	$547K	$3K	—	View 990
2018	$346K	$138K	$516K	$2K	—	View 990
2017	$175K	$101K	$307K	$1K	—	View 990
2016	$283K	$206K	$231K	$-60	—	View 990
2015	$140K	$280K	$166K	$12K	—	View 990
2014	$147K	$122K	$293K	$0	—	View 990
2013	$136K	$84K	$268K	$0	—	View 990
2012	$143K	$131K	$217K	$0	—	View 990
2011	$130K	$130K	$180K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $160K, expenses of $107K, and assets of $457K (revenue -20.9% year-over-year).
2022: Revenue of $203K, expenses of $261K, and assets of $403K (revenue +53.7% year-over-year).
2021: Revenue of $132K, expenses of $120K, and assets of $460K (revenue +101.0% year-over-year).
2020: Revenue of $66K, expenses of $163K, and assets of $447K (revenue -49.2% year-over-year).
2019: Revenue of $129K, expenses of $100K, and assets of $547K (revenue -62.7% year-over-year).
2018: Revenue of $346K, expenses of $138K, and assets of $516K (revenue +97.0% year-over-year).
2017: Revenue of $175K, expenses of $101K, and assets of $307K (revenue -38.1% year-over-year).
2016: Revenue of $283K, expenses of $206K, and assets of $231K (revenue +102.5% year-over-year).
2015: Revenue of $140K, expenses of $280K, and assets of $166K (revenue -5.1% year-over-year).
2014: Revenue of $147K, expenses of $122K, and assets of $293K (revenue +8.7% year-over-year).
2013: Revenue of $136K, expenses of $84K, and assets of $268K (revenue -5.0% year-over-year).
2012: Revenue of $143K, expenses of $131K, and assets of $217K (revenue +9.5% year-over-year).
2011: Revenue of $130K, expenses of $130K, and assets of $180K.

Data Sources and Methodology

This transparency report for Pink Heart Funds 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.