Sophias Heart Foundation Inc
EIN: 263807015 · Brentwood, TN
| Metric | Value |
|---|---|
| Total Expenses | $542K |
| Net Assets | $3.7M |
Is Sophias Heart Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Sophias Heart Foundation Inc
Sophias Heart Foundation Inc (EIN: 263807015) is a nonprofit organization based in Brentwood, TN. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sophias Heart Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sophias Heart Foundation Inc is a small nonprofit, with 8 years of IRS 990 filings on record (2011–2018). Revenue has grown at a compound annual rate of -22.8%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $107K |
| Total Expenses | $542K |
| Surplus / Deficit | $-435,116 |
| Total Assets | $3.7M |
| Total Liabilities | $146 |
| Net Assets | $3.7M |
| Operating Margin | -405.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 82.2 months |
Financial Health Grade: B
In 2018, Sophias Heart Foundation Inc reported a deficit of $435K with expenses exceeding revenue, holds 82.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 8 years of filings (2011–2018), Sophias Heart Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -22.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | -55.4% | -16.6% | -13.6% |
| 2017 | +105.6% | +67.3% | -8.9% |
| 2016 | -96.6% | -68.7% | -5.6% |
| 2015 | +428.4% | +86.1% | +73.9% |
| 2014 | +11.0% | +12.3% | +0.1% |
AI Analysis Pending
AI enrichment for Sophias Heart Foundation 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 Sophias Heart Foundation 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 (2018)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $435K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Sophias Heart Foundation Inc
Is Sophias Heart Foundation Inc a legitimate charity?
Sophias Heart Foundation Inc (EIN: 263807015) is a registered tax-exempt nonprofit based in Tennessee. It has 8 years of IRS 990 filings on record. No red flags identified. Financial health grade: B.
How does Sophias Heart Foundation Inc spend its money?
Sophias Heart Foundation Inc reported its financials in IRS 990 filings. 8 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Sophias Heart Foundation Inc tax-deductible?
Sophias Heart Foundation Inc is registered as a tax-exempt nonprofit (EIN: 263807015). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Sophias Heart Foundation Inc located?
Sophias Heart Foundation Inc is headquartered in Brentwood, Tennessee and files with the IRS under EIN 263807015.
How many years of IRS 990 filings does Sophias Heart Foundation Inc have?
Sophias Heart Foundation Inc has 8 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Sophias Heart Foundation Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2018), Sophias Heart Foundation Inc's revenue has declined by 83.7%, moving from $657K to $107K. Total assets increased by 34.4% over the same period, from $2.8M to $3.7M. Total functional expenses fell by 19%, from $670K to $542K. In its most recent filing year (2018), Sophias Heart Foundation Inc reported a deficit of $435K, with expenses exceeding revenue. The organization holds $146 in liabilities against $3.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $107K | $542K | $3.7M | $146 | — | View 990 |
| 2017 | $241K | $650K | $4.3M | $799 | — | — |
| 2016 | $117K | $389K | $4.7M | $11K | — | View 990 |
| 2015 | $3.5M | $1.2M | $5.0M | $18K | — | View 990 |
| 2014 | $653K | $668K | $2.9M | $105K | — | View 990 |
| 2013 | $589K | $595K | $2.9M | $110K | — | View 990 |
| 2012 | $640K | $578K | $2.9M | $95K | — | View 990 |
| 2011 | $657K | $670K | $2.8M | $60K | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $107K, expenses of $542K, and assets of $3.7M (revenue -55.4% year-over-year).
- 2017: Revenue of $241K, expenses of $650K, and assets of $4.3M (revenue +105.6% year-over-year).
- 2016: Revenue of $117K, expenses of $389K, and assets of $4.7M (revenue -96.6% year-over-year).
- 2015: Revenue of $3.5M, expenses of $1.2M, and assets of $5.0M (revenue +428.4% year-over-year).
- 2014: Revenue of $653K, expenses of $668K, and assets of $2.9M (revenue +11.0% year-over-year).
- 2013: Revenue of $589K, expenses of $595K, and assets of $2.9M (revenue -8.0% year-over-year).
- 2012: Revenue of $640K, expenses of $578K, and assets of $2.9M (revenue -2.6% year-over-year).
- 2011: Revenue of $657K, expenses of $670K, and assets of $2.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sophias Heart Foundation Inc:
Data Sources and Methodology
This transparency report for Sophias Heart Foundation 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.