Heartsupport INC EIN 46-4342239

Heartsupport INC FY2020 filing

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Offers peer support and resources for mental health struggles and suicide prevention. For fiscal year 2020 it reported $591K in revenue, $583K in expenses, and $34K in net assets.Pt I

Type
Public charity (501(c)(3)) · Unclassified
Location
Round Rock, TX
Website
heartsuport.com
Filings
6 on file (2019–2020)
Revenue
$591KFY2020
Expenses
$583K
Net assets
$34K
People
7
Filings
6
Updates
0
More identity details & actions ⌄
EIN  46-4342239 Public charity (501(c)(3)) Round Rock, TX
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Offers peer support and resources for mental health struggles and suicide prevention.
Leadership
David King · Executive Director · $96K
Money in and out
$591K revenue, $583K expenses
Bottom line
71% program efficiency
Where the money goes · FY2020
Total revenue
$591K
Pt VIII · Ln 12
Total expenses
$583K
Pt IX · Ln 25
Net assets
$34K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $9K
Where spending went · Part IX cols B–D
Program services $0.71 Management & general $0.08 Fundraising $0.21
Program efficiency
71%
of spending reaches programs
Operating runway
1.0mo
months of highly liquid reserves at operating expense rate
Surplus margin
+1%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$591K
FY2020▲ +19%
Expenses
$583K
FY2020▲ +10%
Total assets
$185K
FY2020▲ +350%
Total liabilities
$150K
FY2020▲ +890%
Total revenue
$591K
Pt VIII · Ln 12
Total expenses
$583K
Pt IX · Ln 25
Net assets
$34K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$9K
Total assetsPt X · Ln 16$185K
Program-expense ratioPt IX · col B71%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 45
Mission & Programs · Part III

Where the work happens

3 program services account for $413K of program spending, described in the organization's own filed words · FY2020.
01

Events, Outreach, and Awareness

Reach out to people who otherwise might not have sought help for their mental health. We developed a local impact zone in Houston, TX, rallying a coalition of volunteers and partners to directly impact the city. Our first impact event included sponsoring and deploying our physical Support Wall at LOUD Fest.

$176Kprogram expense
02

Online Community and Technology

Develop technology and leverage online channels to deliver mental health peer support. We live streamed over 337 separate times, making real-time support available for our community for over 1,082 hours. This initiated over 500,000 instant chat messages, giving thousands a place to dialogue about and process their mental health.

$144Kprogram expense
03

Recovery Content and Programs

Produce Resources that help people think differently about and take action to better their mental health. We produced over 800 pieces of content which helped generate almost 2 million minutes of support. This content initiated over 6,000 comments, sparking conversations about mental health.

$93Kprogram 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 1b5
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
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
Executive Director
$95,831Pt VII · Sec A
CEO, Chairman
$58,333Pt VII · Sec A
Director, Treasurer - on 1/20
$0Pt VII · Sec A
Director, Secretary - on 1/20
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director - on 6/20
$0Pt VII · Sec A

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$504K · 85%
Program service revenue$53K · 9%
Other revenue$35K · 6%
Contributions & grants85%$504K
Program service revenue9%$53K
Other revenue6%$35K
— government grantsLn 1e$100K
Total revenueLn 12$591K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.71 Management & general $0.08 Fundraising $0.21
Program services71%$413K
Management & general8%$46K
Fundraising21%$124K
Total functional expensesLn 25$583K

Balance Sheet

Part X · end of year
CashLn 1$43K
Total assetsLn 16$185K
Total liabilitiesLn 26$150K
Total net assetsLn 32$34K
Months of cash on handcomputed0.9

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $43K · Operating expenses (Pt IX) $583K · Less non-cash grants $72K · Cash operating expenses/yr $511K
1.0 months
Where the money goes
Program services
Program services $413K · Total expenses $583K
71%
Management & General
Management & general $46K · Total expenses $583K
8%
Fundraising
Fundraising $124K · Total expenses $583K
21%
Cost to raise $1
Fundraising expense (2-yr avg) $116K · Solicited contributions (2-yr avg) $424K
$0.27 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $504K · Total revenue $591K
85%
Government reliance
Government grants $100K · Total revenue $591K
17%
Earned-income share
Program service revenue $53K · Total revenue $591K
9%
Investment reliance
Investment income $0 · Total revenue $591K
0%
Program self-sufficiency
Program service revenue $53K · Total expenses $583K
9%
Growth & trend
Revenue growth (YoY)
This year $591K · Prior year $498K
+19%
Net-asset trend (YoY)
End of year $34K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $591K · Expenses $583K
+1%
Liabilities-to-Assets
Total liabilities — · Total assets $185K
Net-asset ratio
Net assets $34K · Total assets $185K
19%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $185K
0%
People & payroll
Highest Reported Total Compensation
Individual David King · Reported title Executive Director · Highest reported compensation $96K · Total expenses $583K
16%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $376K · Total expenses $583K
65%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 71%
Overhead ratio 8%
Fundraising cost ratio 25%
Revenue growth 19%
Investment management fee ratio 0%
Legal fee ratio 0.02%
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 · ⤓ 990 PDF
FY2023$465K revenue · ⤓ 990 PDF
FY2022$493K revenue · ⤓ 990 PDF
FY2021$542K revenue · ⤓ 990 PDF
FY2020$591K revenue · viewing · ⤓ 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) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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