Heart to Tarte Foundation
Nonprofit profile at a glance
- EIN
- 822988270
- IRS 990-EZ coverage
- 2017–2024
- Forms available
- Form 990-EZ 2024
- Location
- New York, NY, USA
- Phone
- 2126773385
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Public Foundations
Reported finances
- Revenue
- $67,273
- Expenses
- $71,920
- Assets
- $27,540
- Liabilities
- $7,250
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- MAUREEN KELLY (PRESIDENT)
People named in this filing
- HEATHER HEMSLEY (TREASURER)
- CANDACE CRAIG BULISHAK (SECRETARY)
- MAUREEN KELLY (PRESIDENT)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To fulfill various charitable, scientific, literary, religious, and education purposes by making distributions to qualified charitable organization through specific grants, either in support of the general purposes and activities of the qualified organizations, or for support of specific programs or activities of such charitable organization.
What it reported doing in 2024
The organization's principal purpose is to fulfill various charitable, scientific, literary, religious, and education purposes by making distributions to qualified charitable organization through specific grants, either in support of the general purposes and activities of the qualified organizations, or for support of specific programs or activities of such charitable organization.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 91
- Transparency & Controls: 100
- Sustainability: 31
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 93.1%; rating input score 93
- Program expense ratio: 87.1%; rating input score 87
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -6.9%; rating input score 34; 34th percentile among comparable filings
- Total-asset coverage ratio: 0.38; rating input score 25; 25th percentile among comparable filings
- Liabilities to assets ratio: 0.26; rating input score 12; 12th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -13.1% per year; rating input score 0; 24th percentile among comparable filings
- Revenue growth: -12.2% per year; rating input score 0; 21st percentile among comparable filings
- Asset growth: 6.2% per year; rating input score 100; 62nd percentile among comparable filings
Details
- Where the money goes: 93.1% of revenue deployed · 87.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $63K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 7 filing years from 2017 to 2024
- 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 — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 34/100.
- High — Sustainability: Total-asset coverage ratio scored 25/100.
- High — Sustainability: Liabilities to assets ratio scored 12/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.