Heart of Eve Foundation Inc
Nonprofit profile at a glance
- EIN
- 994884378
- IRS 990-EZ coverage
- 2025–2025
- Forms available
- Form 990-EZ 2025
- Location
- Newark, NJ, USA
- Rating
- 91
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Human Service Organizations
Reported finances
- Revenue
- $94,225
- Expenses
- $90,200
- Assets
- $4,025
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- Obianuju Chiemelu (President)
People named in this filing
- Obianuju Chiemelu (President)
- Anisha Hume-Keaton (Secretary)
- Julia Perry (Board Member)
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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Heart of Eve Foundation is a 501c3 created to provide social and educational support to vulnerable populations in Nigeria Africa as a whole and low income communities within the United States.
What it reported doing in 2025
In 2025 the organization was in the fourth year of operation for the inclusive nursery and primary school and the second year of operation for the residential program. By the end of 2025 we had 17 students enrolled in our educational program with some children being provided one on one support due to their educational needs. Our educational program has no set tuition fee allowing for lower income families to also attend and donate based on their financial capabilities. Our residential program hours 9 preteen and teenage boys and 2 adults. The 9 children were all enrolled in school with the program serving as their guardian and sole provider with 3 full time live in staff and 2 other full time staff.
Operating model
- Revenue model
- Donor-supported. 100% 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.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 98
- Transparency & Controls: 100
- Sustainability: 34
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 95.5%; rating input score 96
- Program expense ratio: 99.8%; rating input score 100
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: 4.3%; rating input score 52; 52nd percentile among comparable filings
- Total-asset coverage ratio: 0.04; rating input score 10; 10th 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: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 95.5% of revenue deployed · 99.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $90K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- 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 10/100.
- Review — Sustainability: Operating margin scored 52/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.