Heart Gallery of Tampa Inc
Nonprofit profile at a glance
- EIN
- 814802754
- IRS 990 coverage
- 2018–2025
- Forms available
- Form 990 2025, Form 990-EZ 2017
- Location
- Tampa, FL, USA
- Phone
- 8139305345
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Foster Care
Reported finances
- Revenue
- $633,791
- Expenses
- $858,748
- Assets
- $1,405,725
- Liabilities
- $115,786
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- Lindsay Hermida (Executive Director)
Highest reported compensation
- Lindsay Hermida (Executive Director): $95,446 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Through photographic exhibits, the Heart Gallery of Tampa introduces our community to foster children awaiting adoptive families. We provide a platform to inspire our community to improve their quality of life and connect them with Forever Families.
What it reported doing in 2025
The Heart Gallery of Tampa provides comprehensive adoption recruitment and family support services to help children in foster care achieve permanency through adoption. The organization increases awareness and visibility for waiting children through professional photography, video storytelling, and targeted recruitment efforts, including individualized child profiles, the Mic'd Up video series, and community-based exhibits and outreach. These efforts connect prospective adoptive families with children in need of permanent homes.In addition to recruitment, the organization provides direct support to families throughout the adoption process to remove barriers and promote successful placements. This includes funding home studies conducted by licensed child-placing agencies, providing financial assistance for adoption-related needs, and offering ongoing wraparound support to children and families. Support may include assistance with essential items, enrichment opportunities, and services that promote stability, well-being, and long-term permanency.Through these integrated services, the Heart Gallery of Tampa helps children find adoptive families, supports families through the adoption process, and works to ensure stable, permanent homes for children in foster care.
Operating model
- Revenue model
- Donor-supported. 72% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 88
- Transparency & Controls: 86
- Accountability: 84
- Sustainability: 27
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 86.7%; rating input score 87
- Fundraising efficiency: $8.13 raised per $1 spent on fundraising; rating input score 28; 28th percentile among comparable filings
Transparency & Controls
- Consistency checks: 92.9%; rating input score 93; 22nd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 5 of 8 controls in place; rating input score 62
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -35.5%; rating input score 3; 3rd percentile among comparable filings
- Total-asset coverage ratio: 1.64; rating input score 58; 58th percentile among comparable filings
- Liabilities to assets ratio: 0.08; rating input score 37; 37th percentile among comparable filings
- Officer compensation ratio: 11.1%; rating input score 34; 34th percentile among comparable filings
Growth
- Program expense growth: 19.5% per year; rating input score 100; 79th percentile among comparable filings
- Revenue growth: 14.1% per year; rating input score 100; 72nd percentile among comparable filings
- Asset growth: 16.7% per year; rating input score 100; 73rd percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 86.7% of spending went to programs
- Governance: 10 of 10 board members independent · 5 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $744K in reported program spending
- Leadership: top reported pay $95K · 11 people listed
- Consistency: 31 of 32 current checks pass · 1 finding to review
- Schedules: 6 filed schedules · includes major donors
- Filing history: 8 filing years from 2018 to 2025
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- 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 — Financial Efficiency: Fundraising efficiency scored 28/100.
- Review — Accountability: Governance controls: 2 of 7 not reported.
- High — Sustainability: Operating margin scored 3/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Review — Sustainability: Total-asset coverage ratio scored 58/100.
- Moderate — Sustainability: Officer compensation ratio scored 34/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 37/100.