Foundation of the Heart

Nonprofit profile at a glance

EIN
841562020
IRS 990-T coverage
2020–2021
Forms available
Form 990 2020, Form 990-T 2021
Location
Colorado Springs, CO, USA
Phone
7196611244
Rating confidence
Limited
Sector
Protestant
Affiliation
Christianity

Reported finances

Revenue
$6,197,408
Expenses
$223,904

Source: IRS Form 990-T. Selected filing: tax year 2021. Amounts in USD.

Overview

Mission

Protestant

Operating model

Revenue model
Donor-supported. 75% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 45% for direct work, and 55% for grants.

The verdict

- This return only reports unrelated business income. Use the main filing to assess the organization as a whole.

Rating breakdown

    Details

    • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
    • Activities: Unrelated business income $6.2M · Business deductions $224K
    • Consistency: 7 of 7 current checks pass
    • Filing history: 2 filing years from 2020 to 2021
    • Contacts: How to reach this organization
    • Money network: 11 filed money-flow records
    • Related organizations: 10 filed related-organization links
    • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
    • People: Everyone the filings name, and which of them the filings identify by more than a name.