Black Heart Foundation (Us)

What it reported doing in 2024

Springboard foundation: expenses $12,808 of which grants $12,808.in support of the springboard foundation who are a social mobility charity focusing on harnessing the power of educational opportunities at some of the uk's leading schools to benefit young people who need them the most.bramfield charitable trust: expenses $19,212 of which grants $19,212.the bramfield charitable trust works with families to support disadvantaged children in higher education and working with local hospitals to provide respite breaks for families with a child suffering with cancer. Lymphatic education & research network (lern): expenses $64,041 of which grants $64,041. The organization's mission is to fight lymphatic diseases and lymphedema through education, research and advocacy. The organization seeks to accelerate the prevention, treatment, and cure of lymphatic diseases while bringing patients and medical professionals together to address the unmet needs surrounding lymphatic disorders.london international choir: expenses $3,202 of which grants $3,202. London international choir's mission is to bring people together from all nationalities with a passion for singing and learning new music.medicinema: expenses $6,404 of which grants $6,404. Medicinema is a small charity with a mission to improve the wellbeing of patients, their families and carers by building and running fully installed, high specification cinemas in hospitals, bringing the magic of the silver screen to patients young and oldroyal academy of dramatic art: expenses $6,404 of which grants $6,404.rada is a world leader in dramatic arts training, transforming the next generation of talent through vocational training for actors, stage managers, designers and technical stagecraft specialists.the twinning project: expenses $12,808 of which grants $12,808. The twinning project's aim is to engage approximately 48 prisoners per year in each of the 122 prisons and young offender institutions prisons in england and wales in football-based programmes to improve their mental and physical health, wellbeing and obtain a qualification which will help improve their life chances and gain employment on release.black blossoms: expenses $1,281 of which grants $1,281.black blossoms's mission is to provide an ecosystem for artists and creative practitioners to thrive whilst becoming the number online art and culture platform where audiences can come and learn about people, ideas and the world we live in.horan and rose: expenses $18,444 of which grants $18,444.horan & rose supports cancer research uk for children & young people's vital research into cancers affecting 0-24-year-olds. The old vic theatre: expenses: $37,464, of which grants $37,464.the old vic partners with 40 london state secondary schools and engages with up to 30 students in each school, reaching 1,000 - 1,200 pupils. Schools watch four old vic productions and receive four related workshops in their school. Schools club supports the curriculum andworks with students from areas of london with poor arts provision. The programme is designed to develop an interest in theatre and inquisitive learning, encouraging the next generation of theatregoers and theatremakers.total grants and other assistance to individuals outside of the u.s: expenses: $408,037 of which grants $408,037.support costs: $110,802.

Financial Efficiency

• Mission deployment rate: 55.9%; rating input score 56
• Program expense ratio: 79.8%; rating input score 80
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 90.9%; rating input score 91; 8th percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: 0 of 8 controls in place; rating input score 0
  • Claims monitoring procedures: Fail
  • Requires narrative reports: Fail
  • Conducts field audits: Fail
  • May suspend future funding: Fail
  • Requires financial reports: Fail
  • Conducts site visits: Fail
  • Requires grant agreements: Fail
  • May require repayment: Fail
• Grant itemization coverage: 99.7%; rating input score 100; 50th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 0%; rating input score 0; 5th percentile among comparable filings
• Governance controls: 2 of 7 controls in place; rating input score 29
  • Conflict-of-interest policy: Fail
  • Whistleblower policy: Fail
  • Document-retention policy: Fail
  • CEO compensation review process: NotApplicable
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Fail
  • Independent financial-statement audit: Fail

Sustainability

• Operating margin: 29.9%; rating input score 84; 84th percentile among comparable filings
• Total-asset coverage ratio: 0.41; rating input score 19; 19th percentile among comparable filings
• Liabilities to assets ratio: 1.52; rating input score 3; 3rd percentile among comparable filings
• Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

• Program expense growth: -2.4% per year; rating input score 0; 11th percentile among comparable filings
• Revenue growth: 0.1% per year; rating input score 100; 15th percentile among comparable filings
• Asset growth: 3.3% per year; rating input score 100; 31st percentile among comparable filings