Touch A Heart Inc
Touch A Heart Inc shows consistent revenue growth and zero executive compensation, with a recent deficit in 2023.
EIN: 208310130 · Aiea, HI · NTEE: P80 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $830K |
| Total Expenses | $863K |
| Program Spending | 90% |
| Net Assets | $293K |
| Transparency Score | 92/100 |
Is Touch A Heart Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Touch A Heart Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Touch A Heart Inc
Touch A Heart Inc (EIN: 208310130) is a nonprofit organization based in Aiea, HI, classified under NTEE code P80. The organization reported total revenue of $830K and total assets of $516K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Touch A Heart Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Touch A Heart Inc is a small nonprofit that has been operating for 19 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 22.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $816K |
| Total Expenses | $863K |
| Surplus / Deficit | $-46,697 |
| Total Assets | $443K |
| Total Liabilities | $150K |
| Net Assets | $293K |
| Operating Margin | -5.7% |
| Debt-to-Asset Ratio | 33.8% |
| Months of Reserves | 6.2 months |
Financial Health Grade: B
In 2023, Touch A Heart Inc reported a deficit of $47K with expenses exceeding revenue, holds 6.2 months of operating reserves (strong position), has a debt-to-asset ratio of 33.8% (moderate leverage).
Financial Trends
Over 8 years of filings (2016–2023), Touch A Heart Inc's revenue has grown at a compound annual growth rate (CAGR) of 22.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.4% | +14.9% | +32.2% |
| 2022 | +13.2% | +10.9% | +9.1% |
| 2021 | +2.7% | +15.3% | -3.8% |
| 2020 | +189.6% | +56.6% | +710.2% |
| 2019 | -63.7% | -6.0% | -84.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Touch A Heart Inc with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Touch A Heart Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $47K, with expenses exceeding revenue.
- Debt-to-asset ratio: 33.8%.
Executive Compensation Analysis
Touch A Heart Inc reports 0% officer compensation across all available filings, indicating that no executives are paid, which is highly commendable and suggests a very high proportion of funds are directed to programs.
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 Touch A Heart Inc's IRS 990 filings:
- Recent deficit in 2023 ($46,697) where expenses exceeded revenue.
Strengths
The following positive indicators were identified for Touch A Heart Inc:
- Consistent revenue growth from $199,482 (2016) to $815,908 (2023).
- Zero reported officer compensation across all filings, indicating high program efficiency.
- Healthy asset growth from $95,311 (2016) to $442,738 (2023).
- Consistent filing of IRS Form 990s, demonstrating transparency.
Frequently Asked Questions about Touch A Heart Inc
Is Touch A Heart Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Touch A Heart Inc (EIN: 208310130) some concerns. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
How does Touch A Heart Inc spend its money?
Touch A Heart Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Touch A Heart Inc tax-deductible?
Touch A Heart Inc is registered as a tax-exempt nonprofit (EIN: 208310130). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Touch A Heart Inc's spending goes to programs?
Touch A Heart Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Touch A Heart Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Touch A Heart Inc is above average for NTEE category P80 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Touch A Heart Inc located?
Touch A Heart Inc is headquartered in Aiea, Hawaii and files with the IRS under EIN 208310130. It is classified under NTEE code P80.
How many years of IRS 990 filings does Touch A Heart Inc have?
Touch A Heart 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. The most recent filing shows $830K in total revenue.
Is Touch A Heart Inc a good charity?
Based on the available data, Touch A Heart Inc appears to be a very good charity. It demonstrates strong financial growth, zero executive compensation, and consistent transparency through its IRS 990 filings, suggesting a high dedication to its mission.
How has Touch A Heart Inc's revenue changed over time?
Touch A Heart Inc has experienced significant revenue growth, increasing from $199,482 in 2016 to $815,908 in 2023, indicating expanding support and operations.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available filings, meaning no executives are paid, which is an exceptional indicator of efficient resource allocation towards its mission.
Did Touch A Heart Inc operate at a deficit in its latest fiscal period?
Yes, in the period ending 202312, Touch A Heart Inc reported expenses of $862,605 against revenues of $815,908, resulting in a deficit of $46,697.
Filing History
IRS 990 filing history for Touch A Heart Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Touch A Heart Inc's revenue has grown by 309%, moving from $199K to $816K. Total assets increased by 364.5% over the same period, from $95K to $443K. Total functional expenses rose by 520.2%, from $139K to $863K. In its most recent filing year (2023), Touch A Heart Inc reported a deficit of $47K, with expenses exceeding revenue. The organization holds $150K in liabilities against $443K in assets (debt-to-asset ratio: 33.8%), resulting in net assets of $293K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $816K | $863K | $443K | $150K | — | — |
| 2022 | $782K | $751K | $335K | $153K | — | View 990 |
| 2021 | $691K | $677K | $307K | $168K | — | View 990 |
| 2020 | $673K | $587K | $319K | $195K | — | View 990 |
| 2019 | $232K | $375K | $39K | $6K | — | View 990 |
| 2018 | $639K | $399K | $257K | $4K | — | View 990 |
| 2017 | $179K | $259K | $18K | $5K | — | View 990 |
| 2016 | $199K | $139K | $95K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $816K, expenses of $863K, and assets of $443K (revenue +4.4% year-over-year).
- 2022: Revenue of $782K, expenses of $751K, and assets of $335K (revenue +13.2% year-over-year).
- 2021: Revenue of $691K, expenses of $677K, and assets of $307K (revenue +2.7% year-over-year).
- 2020: Revenue of $673K, expenses of $587K, and assets of $319K (revenue +189.6% year-over-year).
- 2019: Revenue of $232K, expenses of $375K, and assets of $39K (revenue -63.7% year-over-year).
- 2018: Revenue of $639K, expenses of $399K, and assets of $257K (revenue +257.5% year-over-year).
- 2017: Revenue of $179K, expenses of $259K, and assets of $18K (revenue -10.3% year-over-year).
- 2016: Revenue of $199K, expenses of $139K, and assets of $95K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Touch A Heart Inc:
Data Sources and Methodology
This transparency report for Touch A Heart 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.