Heal Development Corporation EIN 34-1767141 Form 990 (PDF) Claim this org

Heal Development Corporation

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Provides affordable homes for people with disabilities. For fiscal year 2025 it reported $135K in revenue, $150K in expenses, and $-769K in net assets.Pt I

Founded
1994
Type
Public charity (501(c)(3)) · Human Services
Location
Youngstown, OH
Filings
6 on file (2020–2025)
Revenue
$135KFY2025
Expenses
$150K
Net assets
$-769K
People
17
Filings
6
Updates
0
More identity details & actions ⌄
EIN  34-1767141 Public charity (501(c)(3)) Youngstown, OH Founded 1994
Form 990 (PDF)
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Size
$100K–1M
What they do
Provides affordable homes for people with disabilities.
Leadership
Money in and out
$135K revenue, $150K expenses
Bottom line
81% program efficiency
Where the money goes · FY2025
Total revenue
$135K
Pt VIII · Ln 12
Total expenses
$150K
Pt IX · Ln 25
Net assets
$-769K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$15K
Where spending went · Part IX cols B–D
Program services $0.81 Management & general $0.19
Program efficiency
81%
of spending reaches programs▲ +6% vs prior filing year
Operating runway
1.6mo
months of highly liquid reserves at operating expense rate▲ +33% vs prior filing year
Surplus margin
-11%
revenue over expenses, this year▲ +73% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$135K
FY2025▲ +17%
Expenses
$150K
FY2025▼ -7%
Total assets
$554K
FY2025▼ -5%
Total liabilities
$1.3M
FY2025▼ -0.9%
Total revenue
$135K
Pt VIII · Ln 12
Total expenses
$150K
Pt IX · Ln 25
Net assets
$-769K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$15K
Total assetsPt X · Ln 16$554K
Program-expense ratioPt IX · col B81%
Voting members of governing bodyPt I · Ln 315
Independent voting membersPt I · Ln 415

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CHeal Development Corporation
EINHdr · item D34-1767141
Principal addressHdr · item CYoungstown, OH
WebsiteHdr · item Jnone reported
Year of formationHdr · item L1994
State of legal domicileHdr · item MOH
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P80)
Ruling yearIRS BMFOct 1994

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a15
Independent voting membersPt VI · Ln 1b15
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

1 program service account for $121K of program spending, described in the organization's own filed words · FY2025.
01

To provide disabled persons with housing and services designed to meet their physical, social and psychological needs to promote their usefulness in living longer. The project consists of 13 units.

$121Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$98K · 72%
Program service revenue$37K · 28%
Contributions & grants72%$98K
Program service revenue28%$37K
Investment income$8
Other revenue$30
— government grantsLn 1e$98K
Total revenueLn 12$135K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.81 Management & general $0.19
Program services81%$121K
Management & general19%$29K
Total functional expensesLn 25$150K

Balance Sheet

Part X · end of year
CashLn 1$20K
Total assetsLn 16$554K
Total liabilitiesLn 26$1.3M
Total net assetsLn 32$-769K
Months of cash on handcomputed1.6

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $20K · Operating expenses/yr $150K
1.6 months
Where the money goes
Program services
Program services $121K · Total expenses $150K
81%
Management & General
Management & general $29K · Total expenses $150K
19%
Fundraising
Fundraising $0 · Total expenses $150K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $27K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $98K · Total revenue $135K
72%
Government reliance
Government grants $98K · Total revenue $135K
72%
Earned-income share
Program service revenue $37K · Total revenue $135K
28%
Investment reliance
Investment income $8 · Total revenue $135K
<0.01%
Program self-sufficiency
Program service revenue $37K · Total expenses $150K
25%
Growth & trend
Revenue growth (YoY)
This year $135K · Prior year $115K
+17%
Revenue CAGR
FY2020 $115K · FY2025 $135K
+3%
Net-asset trend (YoY)
End of year $-769K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $135K · Expenses $150K
-11%
Liabilities-to-Assets
Total liabilities — · Total assets $554K
Net-asset ratio
Net assets $-769K · Total assets $554K
-139%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $554K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual David Stauffer Thru 0625 · Reported title TREASURER · Highest reported compensation $0 · Total expenses $150K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $24K · Total expenses $150K
16%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 81%
Overhead ratio 19%
Revenue growth 17%

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.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$135K revenue · viewing · ⤓ 990 PDF
FY2024$115K revenue · ⤓ 990 PDF
FY2023$120K revenue · ⤓ 990 PDF
FY2022$127K revenue · ⤓ 990 PDF
FY2021$118K revenue · ⤓ 990 PDF
FY2020$115K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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