Heartsupport INC EIN 46-4342239 Form 990 (PDF) Claim this org

Heartsupport INC FY2022 filing

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Offers peer support and resources for mental health struggles and suicide prevention. For fiscal year 2022 it reported $493K in revenue, $559K in expenses, and $-106K in net assets.Pt I

Type
Public charity (501(c)(3)) · Unclassified
Location
Round Rock, TX
Website
heartsuport.com
Filings
6 on file (2019–2022)
Revenue
$493KFY2022
Expenses
$559K
Net assets
$-106K
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 FY2022 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 · $104K
Money in and out
$493K revenue, $559K expenses
Bottom line
80% program efficiency
Where the money goes · FY2022
Total revenue
$493K
Pt VIII · Ln 12
Total expenses
$559K
Pt IX · Ln 25
Net assets
$-106K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$67K
Where spending went · Part IX cols B–D
Program services $0.80 Management & general $0.15 Fundraising $0.05
Program efficiency
80%
of spending reaches programs
Operating runway
0.5mo
months of highly liquid reserves at operating expense rate
Surplus margin
-14%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$493K
FY2022▼ -9%
Expenses
$559K
FY2022▼ -9%
Total assets
$75K
FY2022▼ -43%
Total liabilities
$181K
FY2022▲ +6%
Total revenue
$493K
Pt VIII · Ln 12
Total expenses
$559K
Pt IX · Ln 25
Net assets
$-106K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$67K
Total assetsPt X · Ln 16$75K
Program-expense ratioPt IX · col B80%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 44

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 1a6
Independent voting membersPt VI · Ln 1b4
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
$104,167Pt VII · Sec A
CEO, Chairman
$52,083Pt VII · Sec A
Director, Treasurer Until 1/2022
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director, from 1/22 Until 12/22
$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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Mission & Programs · Part III

Where the work happens

3 program services account for $448K of program spending, described in the organization's own filed words · FY2022.
01

Events, Outreach, and Awareness

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

$235Kprogram expense
02

Online Community and Technology

Develop technology and leverage online channels to deliver mental health peer support.

$176Kprogram expense
03

Recovery Content and Programs

Produce Resources that help people think differently about and take action to better their mental health.

$36Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$295K · 60%
Program service revenue$187K · 38%
Other revenue$11K · 2%
Contributions & grants60%$295K
Program service revenue38%$187K
Other revenue2%$11K
Total revenueLn 12$493K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.80 Management & general $0.15 Fundraising $0.05
Program services80%$448K
Management & general15%$84K
Fundraising5%$28K
Total functional expensesLn 25$559K

Balance Sheet

Part X · end of year
CashLn 1$22K
Total assetsLn 16$75K
Total liabilitiesLn 26$181K
Total net assetsLn 32$-106K
Months of cash on handcomputed0.5

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $22K · Operating expenses/yr $559K
0.5 months
Where the money goes
Program services
Program services $448K · Total expenses $559K
80%
Management & General
Management & general $84K · Total expenses $559K
15%
Fundraising
Fundraising $28K · Total expenses $559K
5%
Cost to raise $1
Fundraising expense (3-yr avg) $77K · Solicited contributions (3-yr avg) $373K
$0.21 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $295K · Total revenue $493K
60%
Government reliance
Government grants $0 · Total revenue $493K
0%
Earned-income share
Program service revenue $187K · Total revenue $493K
38%
Investment reliance
Investment income $0 · Total revenue $493K
0%
Program self-sufficiency
Program service revenue $187K · Total expenses $559K
33%
Growth & trend
Revenue growth (YoY)
This year $493K · Prior year $542K
-9%
Net-asset trend (YoY)
End of year $-106K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $493K · Expenses $559K
-14%
Liabilities-to-Assets
Total liabilities — · Total assets $75K
Net-asset ratio
Net assets $-106K · Total assets $75K
-141%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $75K
0%
People & payroll
Highest Reported Total Compensation
Individual David King · Reported title Executive Director · Highest reported compensation $104K · Total expenses $559K
19%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $262K · Total expenses $559K
47%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 80%
Overhead ratio 15%
Fundraising cost ratio 9%
Revenue growth -9%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 1%
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 · viewing · ⤓ 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) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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