L Heart Foundation Inc is a 501(c)(3) organization based in Bozeman, Montana, registered in 1999, with $629,314 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$629K
▲ 3.5% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$313K
Net assets
$4.8M
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 L Heart Foundation Inc— 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 L Heart Foundation Inc: 185 mo reserves · +50% margin earns a B+ 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 L Heart Foundation Inc— 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 L Heart Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $328K (FY2014) to $629K (FY2024) across 11 reported years.
Financial snapshot
Operating margin
50.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$4.8M
Total liabilities
$10K
Net assets
$4.8M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $629,314▲3.5% | $313,075▲20.6% | $4,830,171▲7.0% | $4,840,171▲7.2% | 990PF |
| 2023 | $607,850▼80.5% | $259,635▲35.8% | $4,513,932▲8.4% | $4,513,932▲8.4% | 990PF |
| 2022 | $3,110,197▲6216% | $191,218▲35.4% | $4,165,717▲234% | $4,165,717▲234% | 990PF |
| 2021 | $49,241▼5.1% | $141,265▲39.4% | $1,246,738▼6.9% | $1,246,738▼6.9% | 990PF |
| 2020 | $51,885▲232% | $101,306▼31.1% | $1,338,762▼3.6% | $1,338,762▼3.6% | 990PF |
| 2019 | $15,614▼91.5% | $147,058▲41.4% | $1,388,183▼8.6% | $1,388,183▼8.6% | 990PF |
| 2018 | $183,989▲98.5% | $104,000▲11.2% | $1,519,627▲5.6% | $1,519,627▲5.6% | 990PF |
| 2017 | $92,699▲130% | $93,526▼12.2% | $1,439,638▼0.1% | $1,439,638▼0.1% | 990PF |
| 2016 | $40,380▲471% | $106,520▲21.2% | $1,440,465▼4.4% | $1,440,465▼4.4% | 990PF |
| 2015 | $7,068▼97.8% | $87,894▲9.1% | $1,506,605▼5.1% | $1,506,605▼5.1% | 990PF |
| 2014 | $327,759 | $80,588 | $1,587,431 | $1,587,431 | 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 L Heart Foundation Inc (EIN 81-0522506) 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.