Matters of the Heart Inc

Nonprofit profile at a glance

EIN
831957981
IRS 990-EZ coverage
2020–2022
Forms available
Form 990-EZ 2022
Location
Brooklyn, NY, USA
Phone
3472249900
Rating confidence
Limited
Sector
Children's, Youth Services

Official website

Reported finances

Revenue
$0
Expenses
$9,015
Assets
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • EDGAR KLEYDMAN (PRESIDENT)

People named in this filing

  • EDGAR KLEYDMAN (PRESIDENT)
  • NAOMI ORTIZ (SECRETARY)
  • OMAR ALZUBAIDI (TREASURER)

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 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Matters of the heart was born out of need. A need to protect and help our children. A need to lend a hand to those who require it the most: poor, underserved, low-income, or underprivileged children. The organization is dedicated to providing the most important things a child may need to grow and develop.

What it reported doing in 2022

Help the helpless. We believe every child should have the opportunity to realize their dreams and carry hope in their lives.the program provides support to orphans: clothing, shool supplies, food.

Operating model

Revenue model
No positive adjusted resources. The filing reports no positive adjusted operating resources.
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

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: 55
  • Transparency & Controls: 82
  • Sustainability: 7
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: 55.3%; rating input score 55

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 45.2% per year; rating input score 100; 90th percentile among comparable filings
  • Revenue growth: 0% per year; rating input score 100; 56th percentile among comparable filings
  • Asset growth: 0% per year; rating input score 100; 38th percentile among comparable filings

Details

  • Where the money goes: 55.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $5K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2020 to 2022
  • Contacts: How to reach this organization
  • 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.

  • Review — Financial Efficiency: Program expense ratio scored 55/100.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.