Heartbeat of Toledo Inc

Nonprofit profile at a glance

EIN
237404777
IRS 990 coverage
2014–2024
Forms available
Form 990 2024
Location
Toledo, OH, USA
Phone
4192419131
Rating
83
Verdict
STRONG
Rating confidence
Standard
Sector
Family Services for Adolescent Parents

Official website

Reported finances

Revenue
$864,841
Expenses
$628,479
Assets
$1,846,221
Liabilities
$275,959

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

13 people listed

Executive titles in this filing

  • GINA BONINO (EXECUTIVE DIRECTOR)
  • SAMANTHA BYRNE (PRESIDENT)
  • ANDY RECTENWALD (VICE PRESIDENT)

Highest reported compensation

  • GINA BONINO (EXECUTIVE DIRECTOR): $65,534 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Heartbeat is a life-affirming organization whose mission is to provide information, support, and resources to help women and men navigate pregnancy decisions, strengthen families, and build healthy relationships.

What it reported doing in 2024

Current programs and services at heartbeat of toledo, inc. All services are free and confidential -your first look womens center offers free pregnancy tests and ultrasounds to confirm viability of pregnancy and gestational age. Heartbeat performs over 1,000 ultrasounds a year. -provide an opportunity to consult with a registered nurse on pregnancy/health issues. -free 6-month supply of prenatal vitamins and referral to a doctor(additional 6-month supply is available). -options counseling, provide information regarding all options -pregnancy information -free baby layettes when baby is born -heart to heart earn while you learn prenatal and parenting lessons with opportunity to earn much needed baby items such as strollers, high chairs, clothing, pack and plays, and more. -provide information on sexually transmitted diseases and limited std testing. -assist clients in evaluating lifestyles and goals. -help clients with practical solutions for medical, legal, educational, and social matters. -school education programs about abstinence and sexually transmitted diseases. -referrals for prenatal medical care, adoption consultation, clergy counseling of all faiths, post-abortion healing, high school completion, and other social service needs. -our mobile womens center travels throughout lucas county to offer free pregnancy tests, ultrasounds, limited sti testing, and options for counseling.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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 - The filed numbers largely add up and a large share of available resources goes toward mission work. Program spending has declined or grown slowly and some filed totals do not add up.

Rating breakdown

  • Financial Efficiency: 71
  • Transparency & Controls: 95
  • Accountability: 100
  • Sustainability: 69
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 61.5%; rating input score 62
  • Program expense ratio: 82.3%; rating input score 82
  • Fundraising efficiency: $109.39 raised per $1 spent on fundraising; rating input score 87; 87th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 93.8%; rating input score 94; 24th 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; 63rd percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • 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: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 27.3%; rating input score 83; 83rd percentile among comparable filings
  • Total-asset coverage ratio: 2.94; rating input score 75; 75th percentile among comparable filings
  • Liabilities to assets ratio: 0.15; rating input score 36; 36th percentile among comparable filings
  • Officer compensation ratio: 10.4%; rating input score 35; 35th percentile among comparable filings

Growth

  • Program expense growth: -1.2% per year; rating input score 0; 14th percentile among comparable filings
  • Revenue growth: 3.5% per year; rating input score 100; 34th percentile among comparable filings
  • Asset growth: 18% per year; rating input score 100; 78th percentile among comparable filings

Details

  • Where the money goes: 61.5% of revenue deployed · 82.3% of spending went to programs
  • Governance: 12 of 12 board members independent · 8 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $517K in reported program spending
  • Leadership: top reported pay $66K · 13 people listed
  • Consistency: 27 of 28 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 10 filing years from 2014 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Moderate — Sustainability: Liabilities to assets ratio scored 36/100.
  • Moderate — Sustainability: Officer compensation ratio scored 35/100.