Nurtured Heart Foundation
Nonprofit profile at a glance
- EIN
- 922003518
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990 2023, Form 990-EZ 2024
- Location
- Austin, TX, USA
- Phone
- 5124796819
- Rating
- 91
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Adult, Child Matching Programs
Reported finances
- Revenue
- $130,649
- Expenses
- $172,481
- Assets
- $7,084
- Liabilities
- $1,105
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
People named in this filing
- XIMENA SANCHEZ-REINOSO (CUSTODIAN/FO)
- RICHARD MILLAN (DIRECTOR)
- JEFF TAYLOR (DIRECTOR)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
A) the foundation helps young people (age 16-24) transition to adulthood by providing mentoring programs, workshops, retreats, and online courses that help them develop the life skills needed to thrive and succeed as an adult. B)the nurtured heart foundation's mentors, who are volunteers trained in youth mentoring using the nurtured heart approach, and have completed the required background check. C)the mentoring is conducted through online community connection events and tele-mentoring sessions with mentees. D)90 percent of the total time is spent engaging in the mentoring programs e)the foundation is funded via donations and grants and 90 percent of the funds will be allocated to this activity. F) the mentoring program focuses on supporting our youth as they transition to adulthood through mentoring and community events that cultivate awareness and leads to better choices and more inner wealth.
What it reported doing in 2024
Awarded scholarships for orthodox jewish woman to attend classes on the nurtured heart approach, held a workshop in bhutan and shared nurtured heart approach at world happiness festival.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 90% 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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 100
- Sustainability: 13
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 99.8%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -32%; rating input score 4; 4th percentile among comparable filings
- Total-asset coverage ratio: 0.04; rating input score 6; 6th percentile among comparable filings
- Liabilities to assets ratio: 0.16; rating input score 20; 20th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -50.8% per year; rating input score 0; 0th percentile among comparable filings
- Asset growth: -148.4% per year; rating input score 0; 0th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 99.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $172K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- 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.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 4/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 6/100.
- High — Sustainability: Liabilities to assets ratio scored 20/100.