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.