One New Heartbeat INC FY2024 filing

Redwood City, CA · Public charity (501(c)(3)) · Human Services

✓ Tax-deductible
Revenue
$1.3M
+341% vs prior year
Spent
$640K
To programs
78%
Net assets
$686K
By yearFY2022–FY2025
Revenue
$1.3M
FY2024▲ +341%
Revenue by fiscal year
FY2022$361K
FY2023$286K
FY2024$1.3M
FY2025$567K
Expenses
$640K
FY2024▲ +79%
Expenses by fiscal year
FY2022$231K
FY2023$358K
FY2024$640K
FY2025$881K
Net assets
$686K
FY2024▲ ×11
Net assets by fiscal year
FY2022$137K
FY2023$64K
FY2024$686K
FY2025$372K

From the FY2024 Form 990 (year ending June 2024) · see the original

You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Legal name (IRS)Hdr · item COne New Heartbeat INC
EINHdr · item D30-0648564
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFMar 2012
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CRedwood City, CA
NTEE classificationIRS BMFHuman Services (P50)
WebsiteHdr · item Jonenewheartbeat.org

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.78 Management & general $0.19 Fundraising $0.03
Program services78%$497K
Management & general19%$125K
Fundraising3%$18K
Total functional expensesLn 25$640K

Financial health

Is it on solid ground?

Program efficiency
78%
of spending reaches programs
Operating runway
10.2mo
months of highly liquid reserves at operating expense rate
Surplus margin
+49%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Total assets
$696K
FY2024▲ ×11
Total assets by fiscal year
FY2022$159K
FY2023$66K
FY2024$696K
FY2025$376K
Total liabilities
$10K
FY2024▲ +369%
Total liabilities by fiscal year
FY2022$23K
FY2023$2K
FY2024$10K
FY2025$4K
Revenue less expensesPt I · Ln 19$622K
Total assetsPt X · Ln 16$696K
Program-expense ratioPt IX · col B78%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 45

Balance Sheet

Part X · end of year
CashLn 1$545K
Total assetsLn 16$696K
Total liabilitiesLn 26$10K
Total net assetsLn 32$686K
Months of cash on handcomputed10.2

Statement of Revenue

Part VIII
Contributions & grants$1.2M · 91%
Program service revenue$111K · 9%
Contributions & grants91%$1.2M
Program service revenue9%$111K
— government grantsLn 1e$1.2M
Total revenueLn 12$1.3M

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $545K · Operating expenses/yr $640K
10.2 months
Where the money goes
Program services
Program services $497K · Total expenses $640K
78%
Management & General
Management & general $125K · Total expenses $640K
19%
Fundraising
Fundraising $18K · Total expenses $640K
3%
Cost to raise $1
Fundraising expense (3-yr avg) $10K · Solicited contributions (3-yr avg) $42K
$0.23 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $1.2M · Total revenue $1.3M
91%
Government reliance
Government grants $1.2M · Total revenue $1.3M
91%
Earned-income share
Program service revenue $111K · Total revenue $1.3M
9%
Investment reliance
Investment income $0 · Total revenue $1.3M
0%
Program self-sufficiency
Program service revenue $111K · Total expenses $640K
17%
Growth & trend
Revenue growth (YoY)
This year $1.3M · Prior year $286K
+341%
Net-asset trend (YoY)
End of year $686K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.3M · Expenses $640K
+49%
Liabilities-to-Assets
Total liabilities — · Total assets $696K
—
Net-asset ratio
Net assets $686K · Total assets $696K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $696K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Waynette Brock · Reported title BOARD CHAIR/ · Highest reported compensation $108K · Total expenses $640K
17%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $499K · Total expenses $640K
78%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 78%——
Overhead ratio 19%——
Fundraising cost ratio 2%——
Revenue growth 341%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Board Chair/
$108,019Pt VII · Sec A
Board Secret
$20,948Pt VII · Sec A
$16,144Pt VII · Sec A
Founding Mem
$3,800Pt VII · Sec A
$0Pt VII · Sec A
Board Memb
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Waynette Brock’s $150K as Board Chair/ is at the 98th percentile of top reported officer pay among 2168 $100K–1M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022
Waynette Brock$150,000$108,019—$23,190
Tim Lawson$31,390$3,800——
Waynette Brock——$28,156—
William Elting$25,226$16,144—$4,005
Coretta Alexander—$20,948—$17,163
William Elting——$16,654—
Jonathan Staggers———$13,925
Coretta Alexander——$13,679—

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Governance & Policies

Part VI
  • 9Voting board membersPt VI · Ln 1a
  • 5Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13Yes
  • Document retention policyPt VI · Ln 14Yes
  • Top official’s pay independently reviewedPt VI · Ln 15aYes
  • Family or business ties among leadersPt VI · Ln 2Yes

Mission and programs

What it does.

Empowers individuals with evidence-based education and support for optimal mental, physical, and emotional well-being.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

1 program service account for $497K of program spending, described in the organization's own filed words · FY2023.
01

Onhb has been committed to providing continuous education and support to individuals and communities, helping them navigate life's challenges with resilience and strength. Onhb offered a variety of programs and training designed to meet this primary objective as follows: mental health recovery programs: alternatives to suicide groups…

$497Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$40

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2025 Latest $567K$881K-55% 990 PDF
FY2024 Viewing $1.3M$640K+341% 990 PDF
FY2023 $286K$358K-21% 990 PDF
FY2022 $361K$231K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

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