The Heart Foundation

Nonprofit profile at a glance

EIN
450471117
IRS 990 coverage
2024–2024
Forms available
Form 990 2024, Form 990-PF 2023
Location
Westlake Village, CA, USA
Phone
8188651100
Rating
70
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Private Independent Foundations

Official website

Reported finances

Revenue
$1,786,067
Expenses
$888,868
Assets
$10,201,948
Liabilities
$11,978

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

Leadership & pay

7 people listed

Executive titles in this filing

  • CATHERINE MULLANEY (EXECUTIVE DIRECTOR)

Highest reported compensation

  • CATHERINE MULLANEY (EXECUTIVE DIRECTOR): $75,661 total reported compensation

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

Overview

Mission

See schedule o

What it reported doing in 2024

While heart disease is the #1 cause of death for both men and women in the united states, it is also one of the most preventable. The heart foundation has developed a program to educate the public about the dangers of heart disease and increase awareness of this often silent killer. The goal of this program is to provide the public with up-to-date, reliable, understandable, and engaging information and resources through our website and social media channels. We do so by:1) providing educational videos and social media posts2) conducting online interviews with medical professionals and heart health advocates3) providing a platform to ask questions and engage with others who are interested in heart health4) providing a "my heart health quiz" on our website where participants receive a heart health score and recommendations for heart healthy living5) providing educational resources through our website such as a heart health glossary, a heart health tracker, a family health history tree, a yearly physical checklist, a vital signs tracker, and how to perform hands-only cprthe heart foundation has over 42,000 followers on our social media channels, and countless more people worldwide visit our website and interact with our online content.

Operating model

Revenue model
Donor-supported. 79% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 84% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 56
  • Transparency & Controls: 94
  • Accountability: 74
  • Sustainability: 85
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 48.8%; rating input score 49
  • Program expense ratio: 66.7%; rating input score 67
  • Fundraising efficiency: $20.96 raised per $1 spent on fundraising; rating input score 60; 60th 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; 76th 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: 3 of 8 controls in place; rating input score 38
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 50.2%; rating input score 92; 92nd percentile among comparable filings
  • Total-asset coverage ratio: 11.48; rating input score 93; 93rd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 79; 79th percentile among comparable filings
  • Officer compensation ratio: 8.5%; rating input score 42; 42nd percentile among comparable filings

Growth

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

Details

  • Where the money goes: 48.8% of revenue deployed · 66.7% of spending went to programs
  • Governance: 6 of 6 board members independent · 3 of 8 filing controls reported
  • Programs: 2 filed program accomplishments · $593K in reported program spending
  • Leadership: top reported pay $76K · 7 people listed
  • Consistency: 31 of 31 current checks pass
  • Schedules: 8 filed schedules · includes major donors and grants
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • 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 — Financial Efficiency: Mission deployment rate scored 49/100.
  • Moderate — Accountability: Governance controls: 4 of 7 not reported.
  • Moderate — Sustainability: Officer compensation ratio scored 42/100.