Heartspring
Legal name: Heartspring Inc
Nonprofit profile at a glance
- EIN
- 480561969
- IRS 990 coverage
- 2010–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Wichita, KS, US
- Phone
- 1-800-835-1043
- Rating
- 87
- Verdict
- STRONG
- Rating confidence
- Standard
- Sector
- Rehabilitative Medical Services
Reported finances
- Revenue
- $27,933,896
- Expenses
- $28,817,309
- Assets
- $32,851,287
- Liabilities
- $7,196,610
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
18 people listed
Executive titles in this filing
- DAN SOLIDAY (CEO)
- WILLIAM SLATER (VICE PRESIDENT - FINANCE)
Highest reported compensation
- DAN SOLIDAY (CEO): $290,262 total reported compensation
- CRYSTAL HOUGH (CFO - ENDING NOV. 2025): $280,403 total reported compensation
- MONIQUEKA HOLLOWAY (SR DIRECTOR OF COMPLIANCE): $223,855 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Help us improve children's neurodevelopmental health care and special education.
What it reported doing in 2024
The heartspring school serves children impacted by complex intellectual and physical challenges, such as autism spectrum disorder, developmental trauma, and co-occurring medical diagnoses. Offerings include a day only and residential option serving children from school districts throughout the united states. Heartspring inc students often live with challenging and/or pain based behaviors that interfere with their academic progress at school, home, and in the community. The school provides comprehensive supports and interventions serving all areas of a student's life, including, but not limited to: education, life skills, mental wellbeing, medical care, specialized pediatric therapies, workforce development, interpersonal communication, and community based competencies. Heartspring also offers training and consultation services to parents and professionals nationwide and globally.
Operating model
- Revenue model
- Other-operating. 91% of the money available for current operations came from other operating revenue.
- 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 82
- Transparency & Controls: 92
- Accountability: 100
- Sustainability: 34
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 92.6%; rating input score 93
- Program expense ratio: 89.5%; rating input score 89
- Fundraising efficiency: $2.6 raised per $1 spent on fundraising; rating input score 9; 9th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 9 of 9 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: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -3.2%; rating input score 20; 20th percentile among comparable filings
- Total-asset coverage ratio: 1.14; rating input score 41; 41st percentile among comparable filings
- Liabilities to assets ratio: 0.22; rating input score 56; 56th percentile among comparable filings
- Officer compensation ratio: 4.9%; rating input score 51; 51st percentile among comparable filings
Growth
- Program expense growth: 5.3% per year; rating input score 100; 44th percentile among comparable filings
- Revenue growth: 5% per year; rating input score 100; 44th percentile among comparable filings
- Asset growth: 2.4% per year; rating input score 100; 19th percentile among comparable filings
Details
- What they do: 4 programs and campaigns described on the official site
- Where the money goes: 92.6% of revenue deployed · 89.5% of spending went to programs
- Governance: 11 of 11 board members independent · 9 of 9 filing controls reported
- Programs: 2 filed program accomplishments · $25.8M in reported program spending
- Leadership: top reported pay $290K · 18 people listed · 4 of 6 pay-setting controls reported
- Highest-paid contractors: 2 contractors listed · $213K reported
- Consistency: 37 of 37 current checks pass
- Schedules: 9 filed schedules · includes major donors, grants, executive pay, and related organizations
- Filing history: 15 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 7 filed money-flow records
- Related organizations: 2 filed related-organization links
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Fundraising efficiency scored 9/100.
- High — Sustainability: Operating margin scored 20/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 41/100.
- Review — Sustainability: Officer compensation ratio scored 51/100.
- Review — Sustainability: Liabilities to assets ratio scored 56/100.