Heartsupport INC EIN 46-4342239

Heartsupport INC

EIN  46-4342239 Public charity (501(c)(3)) Round Rock, TX
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Size
$100K–1M
What they do
Offers peer support and resources for mental health struggles and suicide prevention.
Leadership
Nate Hilpert · Executive Director · $90K
Money in and out
$654K revenue, $606K expenses
Bottom line
82% program efficiency

Offers peer support and resources for mental health struggles and suicide prevention. For fiscal year 2024 it reported $654K in revenue, $606K in expenses, and $-25K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$654K
Pt VIII · Ln 12
Total expenses
$606K
Pt IX · Ln 25
Net assets
$-25K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $48K
Where spending went · Part IX cols B–D
Program services $0.82 Management & general $0.10 Fundraising $0.08
Program efficiency
82%
of spending reaches programs▲ +8% vs prior filing year
Operating runway
2.5mo
months of highly liquid reserves at operating expense rate▲ +47% vs prior filing year
Surplus margin
+7%
revenue over expenses, this year▲ +6% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$654K
FY2024▲ +41%
Expenses
$606K
FY2024▲ +40%
Total assets
$150K
FY2024▲ +39%
Total liabilities
$175K
FY2024▼ -4%
Total revenue
$654K
Pt VIII · Ln 12
Total expenses
$606K
Pt IX · Ln 25
Net assets
$-25K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$48K
Total assetsPt X · Ln 16$150K
Program-expense ratioPt IX · col B82%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 46
Mission & Programs · Part III

Where the work happens

2 program services account for $496K of program spending, described in the organization's own filed words · FY2024.
01

Outreach

Reach out to music fans who otherwise might not have sought help for their mental health.

$297Kprogram expense
02

Peer Support

Train volunteers and deliver mental health peer support.

$199Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CHeartsupport INC
EINHdr · item D46-4342239
Principal addressHdr · item CRound Rock, TX
WebsiteHdr · item Jheartsuport.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFUnclassified (Z99)
Ruling yearIRS BMFAug 2014

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b6
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 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$89,712Pt VII · Sec A
CEO to 9/24, President
$76,664Pt VII · Sec A
$0Pt VII · Sec A
Director, Secretary from 12/24
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer from 12/24
$0Pt VII · Sec A
Secretary to 12/24
$0Pt VII · Sec A

Nate Hilpert’s $90K as Executive Director is at the 77th percentile of top reported officer pay among 515 $100K–1M unclassified 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 · 6 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020FY2019
David King$60,664$104,167$95,831$72,917
David King$100,000
Nate Hilpert$89,712$85,417
William Luhrs$76,664$31,250$52,083$58,333$30,833
William Luhrs$50,000
Benjamin Sledge$44,542

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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Statement of Revenue

Part VIII
Contributions & grants$575K · 88%
Program service revenue$73K · 11%
Other revenue$6K · 1%
Contributions & grants88%$575K
Program service revenue11%$73K
Other revenue1%$6K
Total revenueLn 12$654K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.82 Management & general $0.10 Fundraising $0.08
Program services82%$496K
Management & general10%$61K
Fundraising8%$50K
Total functional expensesLn 25$606K

Balance Sheet

Part X · end of year
CashLn 1$113K
Total assetsLn 16$150K
Total liabilitiesLn 26$175K
Total net assetsLn 32$-25K
Months of cash on handcomputed2.2

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $113K · Operating expenses (Pt IX) $606K · Less non-cash grants $73K · Cash operating expenses/yr $532K
2.5 months
Where the money goes
Program services
Program services $496K · Total expenses $606K
82%
Management & General
Management & general $61K · Total expenses $606K
10%
Fundraising
Fundraising $50K · Total expenses $606K
8%
Cost to raise $1
Fundraising expense (3-yr avg) $38K · Solicited contributions (3-yr avg) $403K
$0.09 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $575K · Total revenue $654K
88%
Government reliance
Government grants $0 · Total revenue $654K
0%
Earned-income share
Program service revenue $73K · Total revenue $654K
11%
Investment reliance
Investment income $0 · Total revenue $654K
0%
Program self-sufficiency
Program service revenue $73K · Total expenses $606K
12%
Growth & trend
Revenue growth (YoY)
This year $654K · Prior year $465K
+41%
Revenue CAGR
FY2019 $498K · FY2024 $654K
+6%
Net-asset trend (YoY)
End of year $-25K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $654K · Expenses $606K
+7%
Liabilities-to-Assets
Total liabilities — · Total assets $150K
Net-asset ratio
Net assets $-25K · Total assets $150K
-17%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $150K
0%
People & payroll
Highest Reported Total Compensation
Individual Nate Hilpert · Reported title Executive Director · Highest reported compensation $90K · Total expenses $606K
15%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $314K · Total expenses $606K
52%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 82%
Overhead ratio 10%
Fundraising cost ratio 9%
Revenue growth 41%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%
Fundraising fee ratio 0%

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.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 9 funders →

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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
FY2024 (Latest)$654K revenue · viewing · ⤓ 990 PDF
FY2023$465K revenue · ⤓ 990 PDF
FY2022$493K revenue · ⤓ 990 PDF
FY2021$542K revenue · ⤓ 990 PDF
FY2020$591K revenue · ⤓ 990 PDF
FY2019$498K revenue · ⤓ 990 PDF

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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
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