Discerning Hearts FY2020 filing

Tax-deductible

Ralston, NE501(c)(3)EIN 45-2759984Revenue $230K in FY2020

On file with the IRS5005 S 84th St, 68127-2699 · Ralston, NETax-exempt since Jul 2012Publicly supported charity — 170(b)(1)(A)(vi)

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To promote spirituality and discernment in the catholic christian tradition.

501(c)(3) charity; gifts are tax-deductible.
99¢ of each $1 spent went to programs.
$50K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 4
filings with a surplus
Average surplus $39K a year · 12% of revenue · last 4 filings
Fine: a surplus in 3 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
99%
of spending
Looks good: 99% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$50K
to officers and key staff · 27% of spending
Worth a look: pay to officers and key staff is 27% of spending; over 20%.
Pt VII · Sec A
Cash reserves
5 mo
of spending, in cash
Looks good: 4.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $24K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$5K
6% of total assets
Looks good: liabilities are 6% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 4 voting members
Concern: none of 4 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$230K
Spent
$187K
To programs
99%
Net assets
$83K
By yearFY2020–FY2024
Revenue
$230K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$230K
FY2021$200K
FY2022$501K
FY2023$376K
FY2024$188K
Expenses
$187K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$187K
FY2021$230K
FY2022$358K
FY2023$375K
FY2024Not on file
Net assets
$83K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$83K
FY2021$85K
FY2022$241K
FY2023$243K
FY2024$146K

From the FY2020 Form 990 · see the original

Form 990 (PDF) Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 2012.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

99 cents of each dollar spent went to programs.

Program services 99% · $186K Fundraising 1% · $2K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

4 people listed on the 990; $50K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Dir.
$50,000Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Kristy McGregor$70,000$75,833$50,000$50,000$50,000
Bruce McGregor$25,000$60,000$52,000$22,100—

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.

See Discerning Hearts executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Promotes spirituality and discernment within the Catholic Christian tradition.

Questions for Discerning Hearts

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Provided by the organization

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1 program · $186K · in their own filed words · FY2020
01

To educate the general public about spirituality and discernment in the catholic christian tradition through its website programs featured on various catholic radio stations, and through conferences, speaking engagements, retreats and a variety of other means.

$186Kprogram expense

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 · FY2024
Total grants receivedfrom 3 funders$24K
See all 3 funders →

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$230K
Ln 12
Gifts and grantsLn 1h$180K
Fees for servicesLn 2g$50K
Investment incomeLn 3$20
Money outPt IX
$187K
Ln 25
Programscol B$186K
Fundraisingcol D$2K
Owns and owesPt X
$83K
net assets · Ln 32
Cash and savingsLn 1–2$75K
Total assetsLn 16$88K
LiabilitiesLn 26$5K
PeoplePt VI, VII
4
listed · VII A
PaidVII A1
Voting boardVI 1a4
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$180K
Fees for servicesLn 2g$50K
Investment incomeLn 3$20
Gains on assetsLn 7$0
Total revenueLn 12$230K
Assets in detailPt X, end of year
CashLn 1$75K
SavingsLn 2$0
Cash and savings togetherLn 1–2$75K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$1K
Other assetsLn 15$23K
Total assetsLn 16$88K
LiabilitiesLn 26$5K
Net assetsLn 32$83K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$33K$75K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$2K$1K
Total assetsLn 16$40K$88K
LiabilitiesLn 26$415$5K
Net assetsLn 32$40K$83K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$50K$50K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$24K$24K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$6K$6K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$1K$1K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$2K$2K
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$3K$3K
Office expensesLn 13$0
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$8K$8K
TravelLn 17$1K$1K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$1K$1K
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$565$565
InsuranceLn 23$0
Other expenses (24a–d)Ln 24$60K$60K
All other expensesLn 24e$30K$30K
Total functional expensesLn 25$187K$186K$0$2K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $188K$146K 990 PDF
FY2023 $376K$375K$1K$243K 990 PDF
FY2022 $501K$358K$143K$241K 990 PDF
FY2021 $200K$230K−$29K$85K 990 PDF
FY2020 Viewing $230K$187K$43K$83K 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
See the full FY2020 990 (6 parts)
Part I · Summary $229,886 revenue, 12 lines filed
I-8 Contributions and grants$180,186
I-9 Program service revenue$49,680
I-10 Investment income$20
I-11 Other revenue$0
I-12 Total revenue$229,886
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$79,661
I-16a Professional fundraising fees$1,519
I-17 Other expenses$105,866
I-18 Total expenses$187,046
I-19 Revenue less expenses$42,840
Part VI · Governance 0 of 4 board members independent, 4 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members0
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $229,886 across 9 lines filed
VIII-1f All other contributions, gifts and grants$180,186
VIII-1h Total contributions, gifts and grants$180,186
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $36,880 · Excluded from tax $12,800$49,680
VIII-3 Investment incomeRelated to mission $20$20
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $36,900 · Excluded from tax $12,800$229,886
Part IX · Statement of functional expenses $187,046 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $50,000$50,000
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $24,000$24,000
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxesPrograms $5,661$5,661
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesPrograms $1,300$1,300
IX-11d Lobbying fees$0
IX-11e Professional fundraising feesFundraising $1,519$1,519
IX-11f Investment management fees$0
IX-11g Other fees for services$0
IX-12 Advertising and promotionPrograms $2,998$2,998
IX-13 Office expenses$0
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 OccupancyPrograms $7,904$7,904
IX-17 TravelPrograms $1,119$1,119
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetingsPrograms $1,497$1,497
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $565$565
IX-23 Insurance$0
IX-24 Other expenses (24a–d)Programs $60,424$60,424
IX-24e All other expensesPrograms $30,059$30,059
IX-25 Total functional expensesPrograms $185,527 · Management $0 · Fundraising $1,519$187,046
Part X · Balance sheet $87,666 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $32,845$75,121
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable−$12,000
X-4 Accounts receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, netStart of year $2,008$1,443
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $5,478$23,102
X-16 Total assetsStart of year $40,331$87,666
X-17 Accounts payable and accrued expenses$4,495
X-25 Other liabilitiesStart of year $415$415
X-26 Total liabilitiesStart of year $415$4,910
X-32 Total net assets or fund balancesStart of year $39,916$82,756
X-33 Total liabilities and net assetsStart of year $40,331$87,666
Part XI · Reconciliation of net assets $82,756 net assets at year end
XI-1 Total revenue$229,886
XI-2 Total expenses$187,046
XI-3 Revenue less expenses$42,840
XI-4 Net assets at start of year$39,916
XI-10 Net assets at end of year$82,756

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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