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Foundation Of The Heart

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 841562020 ✦ Colorado springs, CO ✦ Designated as a 501(c)(3)

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Overview

What is Foundation Of The Heart?

The Foundation of the Heart is a nonprofit organization situated in Colorado Springs, Colorado. Their primary mission involves organizing Christian worship events, evangelism, and discipleship at Bear Trap Ranch, a 30-acre retreat and conference center located on U.S. Forest Service land. In 2020, they served various local churches, national ministries, and an international organization, as well as a youth organization, all within Colorado. Their activities bring together partner churches for religious gatherings, retreats, and literature distribution. Their ultimate goal, in collaboration with partner churches, is to facilitate Christian worship, Bible study, and prayer, as well as aid individuals from these churches in their spiritual journeys, from addictions to freedom and selflessness to a divine calling through evangelism and discipleship. The Foundation of the Heart is led by a team of 17 dedicated individuals.


Official website here: www.foundheart.org

Is Foundation Of The Heart legitimate?

Foundation Of The Heart is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation Of The Heart 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: $12,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $189,018

For more financial information, click here


Official website here: www.foundheart.org

What is the mission statement of Foundation Of The Heart?

The Foundation of the Heart, in collaboration with partner churches, facilitates Christian worship, Bible studies, and prayers. Their mission is to assist individuals from these churches in their spiritual journey, helping them transition from various challenges such as addictions, selfishness, and personal struggles, to answering God's call through evangelism and discipleship. This is achieved through conferences, retreats, and the use of literature. The organization conducts these activities at Bear Trap Ranch, a 30-acre retreat and conference center, and in 2020, they served several local and international churches, ministries, groups, and organizations.


Official website here: www.foundheart.org

Who is the CEO of Foundation Of The Heart?

Matthew Dealy is the CEO of Foundation Of The Heart The CEO's salary of Foundation Of The Heart is $12,000 and their total compensation is $30,870.


Official website here: www.foundheart.org

What is the revenue of Foundation Of The Heart?

Foundation Of The Heart's revenue in 2020 was $182,386.


Official website here: www.foundheart.org

Who are the executives of Foundation Of The Heart and what are their salaries?

The average compensation at Foundation Of The Heart during 2020 was $11,825. There are 17 employees at Foundation Of The Heart.

Here are 3 key members and their salaries (Foundation Of The Heart's CEO's salary is $12,000 and their total compensation is $30,870):


Vance Brown (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Dealy (Ceo And President)
  • Compensation: $12,000
  • Related: $0
  • Other: $18,870
Pete Gannon (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.foundheart.org

Where can I find the form 990 for Foundation Of The Heart?

Foundation Of The Heart's most recent form 990 was submitted in 2020 and can be accessed here.


Official website here: www.foundheart.org

Learn more at the official website: www.foundheart.org

Mission Statement of Foundation Of The Heart

The Foundation of the Heart, as an organization, collaborates with partner churches to facilitate Christian worship experiences through conferences, retreats, and literature. Their mission is twofold: firstly, they engage in Christian worship, Bible study, and prayer events alongside their church partners. Secondly, they assist individuals from these partner churches in their personal journeys, guiding them from states of success, addiction, and self-centeredness to a deeper understanding and response to God's call, primarily through evangelism and discipleship. In this process, the Foundation of the Heart serves as a platform for spiritual growth and transformation. In 2020, they catered to four churches, three national ministries, an international ministry, and a youth organization, welcoming these groups from their local community and across the state of Colorado at their retreat and conference center, Bear Trap Ranch.

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Impact




October, 2024

Foundation Of The Heart fosters a profound sense of community and spiritual growth by bringing individuals and partner churches together for Christian worship through various activities, including conferences, retreats, and the distribution of literature. By conducting evangelism and discipleship at Bear Trap Ranch, a picturesque 30-acre retreat and conference center, it creates a nurturing environment for spiritual engagement.

In 2020 alone, the organization served four churches, three national ministries, one international ministry, and one youth organization, impacting diverse groups across Colorado and beyond. Through collaborative efforts with partner churches, it encourages Bible study, prayer, and shared worship experiences, which are instrumental in guiding individuals on their spiritual journeys.

The impactful mission of Foundation Of The Heart extends beyond mere gatherings; it aids participants in transitioning from states of success to finding deeper meaning, overcoming addictions, and shifting from self-centeredness to embracing God's call. This focus on holistic transformation contributes significantly to the spiritual and emotional well-being of individuals and communities alike.




This information is meant to be a general summary of Foundation Of The Heart. 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.

Revenue
$182,386 (2020)
Expenses
$1,434,067 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Investment Income: $3,483
  • Program Service Revenue: $95,444
  • Gross Receipts: $191,236

Assets and Liabilities:

  • Total Assets: $9,131,237
  • Total Liabilities: $10,931
  • Net Assets: $9,120,306

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

REGISTRATION FEES
0

Revenue

$95,444

Organization Details

Founding Year

2001

Principal Officer

Vance Brown

NTEE Category

Code: X21 - Religion related

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