Overview
What is Heartfirst Charitable Foundation?
Heartfirst Charitable Foundation, based in Woodbury, Minnesota, is a nonprofit organization dedicated to advancing, supporting, promoting, and administering charitable activities, causes, and projects. They work both independently and in collaboration with other 501(c)(3) organizations, aiming to contribute positively to various charitable endeavors. The foundation's mission is to actively engage in these charitable activities, furthering their cause to make a meaningful impact in their community and beyond.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 60% (Two-Star out of Four Star rating)
Heartfirst Charitable Foundation has received a Two-Star rating from Charity Navigator, indicating moderate performance in accountability and finance. The organization has a high program expense ratio of 99.41%, indicating that nearly all funds are directed towards its programs, which is a strong point. However, the charity's score is adversely affected by a complete absence of independent board members, lack of a whistleblower policy, and missing documentation regarding its website and tax forms.
The foundation does exhibit some strengths, such as having a conflict of interest policy in place and maintaining detailed board meeting minutes. Despite these positive aspects, the lack of transparency in their governance practices raises concerns. The missing policies and documentation could hinder stakeholder confidence and may affect their overall accountability.
Overall, while Heartfirst Charitable Foundation is effective in utilizing its funds towards its mission, significant gaps in governance practices and transparency could limit its effectiveness and credibility. Potential donors and supporters may want to consider these factors when evaluating their contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Heartfirst Charitable Foundation legitimate?
Heartfirst Charitable Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Heartfirst Charitable Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Heartfirst Charitable Foundation?
Heartfirst Charitable Foundation's mission is centered around advancing, supporting, promoting, and administering charitable activities. The organization strives to accomplish this objective by engaging in charitable activities, causes, and projects on its own or in collaboration with other 501(C)(3) organizations. Their mission is aimed at contributing to various charitable initiatives of all kinds and nature, working tirelessly to make a positive impact in the communities they serve.
Who is the CEO of Heartfirst Charitable Foundation?
Conik Runyon is the CEO of Heartfirst Charitable Foundation The CEO's salary of Heartfirst Charitable Foundation is $0 and their total compensation is $0.
What is the revenue of Heartfirst Charitable Foundation?
Heartfirst Charitable Foundation's revenue in 2023 was $72,355.
Who are the executives of Heartfirst Charitable Foundation and what are their salaries?
There 3 volunteers at Heartfirst Charitable Foundation.
Here are 3 key members and their salaries (Heartfirst Charitable Foundation's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Heartfirst Charitable Foundation?
Heartfirst Charitable Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Heartfirst Charitable Foundation
Heartfirst Charitable Foundation is committed to advancing, supporting, promoting, and administering charitable activities. This nonprofit organization takes on a wide range of charitable causes and projects, working both independently and in collaboration with other 501(c)(3) organizations. The foundation's mission is to contribute to the betterment of various sectors and communities, dedicating its efforts to making a positive impact in numerous ways. By actively participating in charitable activities, Heartfirst Charitable Foundation aims to foster growth and development in various areas, ensuring that its initiatives align with the needs and goals of the communities it serves.
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Impact
October, 2024
Heartfirst Charitable Foundation significantly impacts its community by advancing, supporting, promoting, and administering a wide range of charitable activities and projects. Based in Woodbury, Minnesota, it collaborates with various 501(c)(3) organizations to enhance and amplify its efforts. By focusing on a diverse array of causes, the foundation plays a crucial role in addressing community needs and fostering positive change. Its commitment to philanthropy ensures that resources are allocated effectively to benefit those in need, empower other organizations, and inspire a culture of giving and support across the region.
This information is meant to be a general summary of Heartfirst Charitable Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $13,355
- Gross Receipts: $72,355
Assets and Liabilities:
- Total Assets: $690,193
- Total Liabilities: $0
- Net Assets: $690,193
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Organization Details
Founding Year
2007
Principal Officer
Sydney Mortensen
NTEE Category
Code: T12 - Philanthropy
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