The Heartbeat of Hoagland Foundation Inc

Nonprofit profile at a glance

EIN
881488041
IRS 990-EZ coverage
2022–2025
Forms available
Form 990-EZ 2025
Location
Hoagland, IN, USA
Phone
2604371477
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Health Support Services

Reported finances

Revenue
$41,803
Expenses
$24,520
Assets
$163,374

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • BRIAN STRAHM (PRESIDENT)

People named in this filing

  • BRIAN STRAHM (PRESIDENT)
  • MALINDA STRATTON (VICE CHAIR)
  • WENDY ROY (SECRETARY)

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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To educate future heart transplant patients before, during and after the transplant and to assist them with financial issues that they may have as a result of their transplant.

What it reported doing in 2025

The activity provides financial, emotional and educational support to heart transplant patients. The activity provided transplant patients financial assistance allowing them to recuperate from the transplant procedure and educate them on what to expect during the transplant process. The activity will be conducted at the transplant patients residence, the hospital and other venues that will accommodate the necessary activities as directed by the board.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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

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 reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 81
  • Transparency & Controls: 82
  • Sustainability: 73
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 69.3%; rating input score 69
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

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

Sustainability

  • Operating margin: 41.3%; rating input score 86; 86th percentile among comparable filings
  • Total-asset coverage ratio: 6.66; rating input score 88; 88th 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: 38.8% per year; rating input score 100; 89th percentile among comparable filings
  • Revenue growth: -18.4% per year; rating input score 0; 16th percentile among comparable filings
  • Asset growth: 23.7% per year; rating input score 100; 87th percentile among comparable filings

Details

  • Where the money goes: 69.3% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $25K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 4 filing years from 2022 to 2025
  • 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.
  • Review — Sustainability: Officer compensation ratio scored 56/100.