Giving Hearts Inc

Nonprofit profile at a glance

EIN
271060012
IRS 990-EZ coverage
2011–2020
Forms available
Form 990-EZ 2020
Location
Grosse Pointe, MI, USA
Phone
3133003043
Rating confidence
Limited
Sector
Heart and Circulatory System Diseases, Disorders

Reported finances

Revenue
$0
Expenses
$11,706
Assets
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • NATALIE SIMON (PRESIDENT)
  • MILLICENT SIMON (VICE PRESIDENT)

People named in this filing

  • NATALIE SIMON (PRESIDENT)
  • MILLICENT SIMON (VICE PRESIDENT)
  • HENRY LOCK (TREASURER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Organized exclusively for charitable and education purposes for contributions to qualified exempt organizations under 501(3)

What it reported doing in 2020

Organized exclusively for charitable and educational purposes.the making of distributions to qualified exempt organizationsunder 501(c)

Operating model

Revenue model
No positive adjusted resources. The filing reports no positive adjusted operating resources.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: 96
  • Transparency & Controls: 100
  • Sustainability: 7
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: 95.8%; rating input score 96

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 9.8% per year; rating input score 100; 82nd percentile among comparable filings
  • Revenue growth: -3.7% per year; rating input score 0; 52nd percentile among comparable filings
  • Asset growth: 1.8% per year; rating input score 100; 45th percentile among comparable filings

Details

  • Where the money goes: 95.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $11K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 9 filing years from 2011 to 2020
  • Contacts: How to reach this organization
  • 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.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.