Community Improvement
(S99)
IRS Verified
DX Registered
990 on File
HEART OF AMERICA FOUNDATION
Financial strength (30%)
65/100
Reliability (20%)
55/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$17.1M
Total Revenue
$16.6M
Total Expenses
$6.3M
Net Assets
58
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
88.7%
Fundraising Efficiency
5231.8%
Operating Reserve
4.55x
Liability-to-Asset
70.9%
Revenue Diversification
95.5%
Executive Compensation
$270K
Compared with Peers
FY 2024
Compared with 285 similar organizations
(United States, Community Improvement, $10M–$100M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
88.7% | 90.2% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
7.2% | 8.3% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
4.1% | 0.2% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
5231.8% | 202.3% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
4.6 mo | 5.5 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
70.9% | 40.6% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
95.5% | 91.4% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
10.0% | 5.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
17.0% | 7.4% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
3.0% | 1.3% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $17.1M | $16.6M | $6.3M | 88.7% | 58 |
| 2023 | $15.5M | $14.2M | $5.8M | 88.5% | 62 |
| 2022 | $15.3M | $14.5M | $4.4M | 89.0% | 70 |
| 2021 | $13.3M | $11.8M | N/A | — | 57 |
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