The HEAT Foundation
Nonprofit profile at a glance
- EIN
- 205900052
- IRS 990-EZ coverage
- 2011–2024
- Forms available
- Form 990-EZ 2024
- Location
- Beverly Hills, CA, USA
- Phone
- 3104028938
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- International Relief
Reported finances
- Revenue
- $2,954
- Expenses
- $2,875
- Assets
- $524
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
18 people listed
Executive titles in this filing
- Ghislaine Sanon (President)
People named in this filing
- Ghislaine Sanon (President)
- Harry Prophete (Treasurer)
- Phyllis Richard (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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The H.E.A.T. Foundation - Health, Education, Agriculture and Technology is a non-governmental organization established to provide humanitarian services to the general public both domestically and internationally. It is a grass root organization that is founded on the philosophy that donor contributions should have a direct measurable impact on the communities that they support.
What it reported doing in 2024
"The Organization continues to meet its goals of providing a variety of services in alliances and partnerships with organizations by lending support and expertise, such as working alongside other Medical professionals, charities and humanitarian groups in Haiti. Currently, funding for The H.E.A.T. Foundation comes primarily from the founder and the many volunteers and individuals who are aware of the efforts being put forth. We are developing strategies to tap into resources and various fundraising programs as we seek grants from other foundations in order to secure funding for supplies, equipment and attract additional experts in order to expand our services. We are also working very closely with Soleil Films to produce a documentary of The H.E.A.T. FOUNDATION and film our ongoing efforts in Haiti in order to gain a much needed visibility. All of The H.E.A.T. Foundations events organized and operated by volunteers. There are no paid employees. The income and cost of fundraising events and the donations received from volunteers comprise our entire budget."
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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. Total assets are small relative to annual expenses; liquid coverage is unknown and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 93
- Transparency & Controls: 82
- Sustainability: 35
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 92.5%; rating input score 92
- Program expense ratio: 95%; rating input score 95
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 2.7%; rating input score 51; 51st percentile among comparable filings
- Total-asset coverage ratio: 0.18; rating input score 15; 15th 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: 2.4% per year; rating input score 100; 55th percentile among comparable filings
- Revenue growth: 3.4% per year; rating input score 100; 66th percentile among comparable filings
- Asset growth: 14.7% per year; rating input score 100; 80th percentile among comparable filings
Details
- Where the money goes: 92.5% of revenue deployed · 95% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $3K in reported program spending
- Leadership: top reported pay $0 · 18 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 12 filing years from 2011 to 2024
- 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 — Sustainability: Total-asset coverage ratio scored 15/100.
- Review — Sustainability: Operating margin scored 51/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.