Heartside Ministry Inc

Nonprofit profile at a glance

EIN
382477760
IRS 990 coverage
2016–2016
Forms available
Form 990 2016
Location
Grand Rapids, MI, USA
Rating
72
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Christianity
Affiliation
Christianity

Reported finances

Revenue
$380,313
Expenses
$695,868
Assets
$1,689,907
Liabilities
$34,427

Source: IRS Form 990. Selected filing: tax year 2016. Amounts in USD.

Leadership & pay

14 people listed

Executive titles in this filing

  • Les Morant (Vice President)
  • Alison Clark (President)
  • Kevin ONeill (Interim Executive Director)
  • Andrew DeBraber (Co Executive Director)

Highest reported compensation

  • Andrew DeBraber (Co Executive Director): $69,457 total reported compensation
  • Tonya Adkins-McKeever (Co Exec Dir - Jan to June): $33,822 total reported compensation
  • Kevin ONeill (Interim Executive Director): $27,000 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2016. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Heartside Ministry shares faith, hope and life amidst homelessness and poverty in the Heartside neighborhood of Grand Rapids. We work to transform our community by affirming the worth of each person and offering healing and empowerment through faith, art, advocacy and education.

What it reported doing in 2016

Heartside Ministry exists to serve its neighbors and help them discover their potential. Daily, we welcome over 100 individuals offering them mail services, a computer center and the community room for socializing. Educational programs are offered with tutoring and resume help. After taking the GED class, 90% receive their certificates. We also offer recovery programs with 4,500 visits in 2016, and 78,500 needles were exchanged. The art studio hosts 600 visits monthly and provides supplies for drawing, painting, fiber arts, pottery, woodshop and a writers group. The Heartside gallery sold more than 750 pieces of art last year, earning over $10,000 for the artists. Heartside also provides 1,800 counseling sessions annually and we are able to connect people with healthcare, housing and other services they may need. A worship time is offered each Sunday and a pastor is available for weddings, baptisms and memorial services.

Operating model

Revenue model
Donor-supported. 97% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 95% 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 a large share of available resources goes toward mission work. Some filing-based governance responses are negative or unanswered and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 68
  • Transparency & Controls: 94
  • Accountability: 77
  • Sustainability: 29
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 81.3%; rating input score 81
  • Program expense ratio: 61.1%; rating input score 61
  • Fundraising efficiency: $5.42 raised per $1 spent on fundraising; rating input score 25; 25th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 79th percentile among comparable filings
  • 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: 4 of 9 controls in place; rating input score 44
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -83%; rating input score 2; 2nd percentile among comparable filings
  • Total-asset coverage ratio: 2.43; rating input score 65; 65th percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 50; 50th percentile among comparable filings
  • Officer compensation ratio: 18.7%; rating input score 22; 22nd percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 81.3% of revenue deployed · 61.1% of spending went to programs
  • Governance: 11 of 11 board members independent · 4 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $425K in reported program spending
  • Leadership: top reported pay $69K · 14 people listed
  • Consistency: 34 of 34 current checks pass
  • Schedules: 6 filed schedules · includes major donors and grants
  • Contacts: How to reach this organization
  • Money network: 5 filed money-flow records
  • 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.

  • Moderate — Accountability: Governance controls: 5 of 9 not reported.
  • High — Financial Efficiency: Fundraising efficiency scored 25/100.
  • High — Sustainability: Operating margin scored 2/100.
  • High — Sustainability: Officer compensation ratio scored 22/100.
  • Review — Sustainability: Liabilities to assets ratio scored 50/100.