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

Heartsupport INC FY2023 filing

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Offers peer support and resources for mental health struggles and suicide prevention. For fiscal year 2023 it reported $465K in revenue, $432K in expenses, and $-73K in net assets.Pt I

Type
Public charity (501(c)(3)) · Unclassified
Location
Round Rock, TX
Website
heartsuport.com
Filings
6 on file (2019–2023)
Revenue
$465KFY2023
Expenses
$432K
Net assets
$-73K
People
9
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 FY2023 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
Nate Hilpert · Executive Director from 6/23 · $85K
Money in and out
$465K revenue, $432K expenses
Bottom line
76% program efficiency
Where the money goes · FY2023
Total revenue
$465K
Pt VIII · Ln 12
Total expenses
$432K
Pt IX · Ln 25
Net assets
$-73K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $33K
Where spending went · Part IX cols B–D
Program services $0.76 Management & general $0.16 Fundraising $0.08
Program efficiency
76%
of spending reaches programs
Operating runway
1.7mo
months of highly liquid reserves at operating expense rate
Surplus margin
+7%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$465K
FY2023▼ -6%
Expenses
$432K
FY2023▼ -23%
Total assets
$108K
FY2023▲ +44%
Total liabilities
$182K
FY2023+0.4%
Total revenue
$465K
Pt VIII · Ln 12
Total expenses
$432K
Pt IX · Ln 25
Net assets
$-73K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$33K
Total assetsPt X · Ln 16$108K
Program-expense ratioPt IX · col B76%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 45

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 1b5
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 from 6/23
$85,417Pt VII · Sec A
Executive Director to 6/23, Director to 12/23
$60,664Pt VII · Sec A
CEO, President
$31,250Pt VII · Sec A
Director to 6/23
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Secretary from 9/23
$0Pt VII · Sec A
Director from 8/23
$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 $328K of program spending, described in the organization's own filed words · FY2023.
01

Online Community and Technology

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

$135Kprogram expense
02

Events, Outreach, and Awareness

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

$118Kprogram expense
03

Recovery Content and Programs

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

$74Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$339K · 73%
Program service revenue$73K · 16%
Other revenue$53K · 11%
Contributions & grants73%$339K
Program service revenue16%$73K
Other revenue11%$53K
Investment income$4
Total revenueLn 12$465K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.76 Management & general $0.16 Fundraising $0.08
Program services76%$328K
Management & general16%$69K
Fundraising8%$35K
Total functional expensesLn 25$432K

Balance Sheet

Part X · end of year
CashLn 1$61K
Total assetsLn 16$108K
Total liabilitiesLn 26$182K
Total net assetsLn 32$-73K
Months of cash on handcomputed1.7

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $61K · Operating expenses/yr $432K
1.7 months
Where the money goes
Program services
Program services $328K · Total expenses $432K
76%
Management & General
Management & general $69K · Total expenses $432K
16%
Fundraising
Fundraising $35K · Total expenses $432K
8%
Cost to raise $1
Fundraising expense (3-yr avg) $47K · Solicited contributions (3-yr avg) $351K
$0.14 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $339K · Total revenue $465K
73%
Government reliance
Government grants $0 · Total revenue $465K
0%
Earned-income share
Program service revenue $73K · Total revenue $465K
16%
Investment reliance
Investment income $4 · Total revenue $465K
<0.01%
Program self-sufficiency
Program service revenue $73K · Total expenses $432K
17%
Growth & trend
Revenue growth (YoY)
This year $465K · Prior year $493K
-6%
Revenue CAGR
FY2019 $498K · FY2023 $465K
-2%
Net-asset trend (YoY)
End of year $-73K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $465K · Expenses $432K
+7%
Liabilities-to-Assets
Total liabilities — · Total assets $108K
Net-asset ratio
Net assets $-73K · Total assets $108K
-68%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $108K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Nate Hilpert · Reported title Executive Director from 6/23 · Highest reported compensation $85K · Total expenses $432K
20%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $191K · Total expenses $432K
44%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 76%
Overhead ratio 16%
Fundraising cost ratio 10%
Revenue growth -6%
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 · viewing · ⤓ 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) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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