Heart Warrior Achievement Scholarship Inc
Nonprofit profile at a glance
- EIN
- 922494588
- IRS 990-EZ coverage
- 2023–2025
- Forms available
- Form 990-EZ 2025
- Location
- Groton, CT, USA
- Phone
- 8602711282
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Scholarships, Student Financial Aid Services, Awards
Reported finances
- Revenue
- $102,636
- Expenses
- $96,784
- Assets
- $42,446
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- NICOLE POLIDORI-HERSANT RN MSN (DIRECTOR & PRESIDENT)
People named in this filing
- SONYA SWINAMER DVM CVA (DIRECTOR)
- JESSE COURTIER MD (DIRECTOR)
- NICOLE POLIDORI-HERSANT RN MSN (DIRECTOR & 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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The heart warrior achievement scholarship, inc., a registered 501(c)(3) nonprofit organization, was founded with the primary aim of providing financial support to teenagers grappling with congenital heart defects (chd) as they embark on their journeys to undergraduate or trade schools.the financial burden associated with healthcare costs can be staggering. Most of us willingly go to great lengths to secure our children's health and well-being. However, as college expenses have surged over the past decade, coupled with the substantial financial commitments required for medical bills, the prospect of providing higher education for these children becomes increasingly daunting.
What it reported doing in 2025
The heart warrior achievement scholarship, inc., a registered 501(c)(3) nonprofit organization, was founded with the primary aim of providing financial support to teenagers grappling with congenital heart defects (chd) as they embark on their journeys to undergraduate or trade schools.the financial burden associated with healthcare costs can be staggering. Most of us willingly go to great lengths to secure our children's health and well-being. However, as college expenses have surged over the past decade, coupled with the substantial financial commitments required for medical bills, the prospect of providing higher education for these children becomes increasingly daunting. Chd is a lifelong health concern, necessitating ongoing medical attention, procedures, and even surgeries throughout one's college years and beyond. The heart warrior achievement scholarship, inc. Aspires to alleviate the financial stress on these families, making higher education more accessible and ensuring that no one is forced to choose between pursuing their dreams and maintaining their health.
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 98% 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. Revenue has declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 82
- Transparency & Controls: 100
- Sustainability: 48
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 79.7%; rating input score 80
- Program expense ratio: 84.5%; rating input score 84
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: 5.7%; rating input score 46; 46th percentile among comparable filings
- Total-asset coverage ratio: 0.44; rating input score 34; 34th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 74; 74th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 49.8% per year; rating input score 100; 91st percentile among comparable filings
- Revenue growth: -8.7% per year; rating input score 0; 5th percentile among comparable filings
- Asset growth: -43.4% per year; rating input score 0; 3rd percentile among comparable filings
Details
- Where the money goes: 79.7% of revenue deployed · 84.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $82K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 3 filing years from 2023 to 2025
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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: Revenue growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 46/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 34/100.