Hearts 4 Henry is a 501(c)(3) organization based in Lake Elmo, Minnesota, registered in 2021, with $179,931 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$180K
▼ 11.6% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$187K
Net assets
$16K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Hearts 4 Henry— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Hearts 4 Henry: 1 mo reserves · -4% margin earns a C+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Hearts 4 Henry— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Hearts 4 Henry: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $30K (FY2021) to $180K (FY2024) across 4 reported years.
Financial snapshot
Operating margin
-4.1%
Spent more than it raised in the latest fiscal year.
Total assets
$16K
Total liabilities
$0
Net assets
$16K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $179,931▼11.6% | $187,360▼6.7% | $15,854▼31.9% | $15,854▼31.9% | 990PF |
| 2023 | $203,567▲85.0% | $200,777▲83.7% | $23,283▲13.6% | $23,283▲13.6% | 990PF |
| 2022 | $110,059▲271% | $109,279▲1001% | $20,493▲4.0% | $20,493▲4.0% | 990PF |
| 2021 | $29,636 | $9,923 | $19,713 | $19,713 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Hearts 4 Henry (EIN 86-2594816) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.