Heart Well Homestead Inc

Nonprofit profile at a glance

EIN
920582217
IRS 990-EZ coverage
2024–2025
Forms available
Form 990-EZ 2025, Form 990-N 2023
Location
Plattsburgh, NY, USA
Phone
8335348433
Rating
70
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Temporary Housing

Official website

Reported finances

Revenue
$73,261
Expenses
$9,649
Assets
$190,384
Liabilities
$65

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

11 people listed

Executive titles in this filing

  • WANDA CARROLL (Vice President)

People named in this filing

  • GLORIA GARAMI (Executive Dir.)
  • RAFAEL MARTE (Director)
  • ANTHONY GARAMI (Chairman)

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 well homestead is a 501(c) (3) non-profit organization based in plattsburgh, New York. We are establishing transitional housing with comprehensive support services for unstably housed women who are pregnant or parenting infants. Our program is designed to create a safe, supportive environment where women can be empowered with the tools, community connections, and resources so mother and child can thrive.

What it reported doing in 2025

The homestead is working toward providing a transitional home with related programs for pregnant and parenting homeless women and their children for up to two years. Educational events are being held while funds are raised to fund the real property for the programs.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
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

SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 45
  • Transparency & Controls: 100
  • Sustainability: 85
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 13%; rating input score 13
  • Program expense ratio: 98.9%; rating input score 99

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: 86.8%; rating input score 98; 98th percentile among comparable filings
  • Total-asset coverage ratio: 19.73; rating input score 96; 96th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 31; 31st percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 72.7% per year; rating input score 100; 95th percentile among comparable filings
  • Revenue growth: -48.3% per year; rating input score 0; 6th percentile among comparable filings
  • Asset growth: 38.1% per year; rating input score 100; 92nd percentile among comparable filings

Details

  • Where the money goes: 13% of revenue deployed · 98.9% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $10K in reported program spending
  • Leadership: top reported pay $0 · 11 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 2 filing years from 2024 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 — Financial Efficiency: Mission deployment rate scored 13/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 31/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.