Happy Hearts FY2020 filing

Tax-deductible

Plattsmouth, NE501(c)(3)EIN 47-0710106Revenue $309K in FY2020

On file with the IRS2204 Lincoln Ave, 68048-2646 · Plattsmouth, NETax-exempt since May 1989Publicly supported — 509(a)(2)

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Low-income child care service

501(c)(3) charity; gifts are tax-deductible.
72¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

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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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 6
filings with a surplus
Average deficit $12K a year · 4% of revenue · last 6 filings
Concern: a surplus in 1 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
72%
of spending
Fine: 72% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Cash reserves
1 mo
of spending, in cash
Fine: 1.2 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$10K
14% of total assets
Looks good: liabilities are 14% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 2 voting members
Concern: none of 2 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$309K
Spent
$347K
To programs
72%
Net assets
$61K
By yearFY2020–FY2025
Revenue
$309K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$309K
FY2021$239K
FY2022$202K
FY2023$285K
FY2024$293K
FY2025$287K
Expenses
$347K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$347K
FY2021$249K
FY2022$205K
FY2023$277K
FY2024$297K
FY2025$309K
Net assets
$61K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$61K
FY2021$51K
FY2022$46K
FY2023$58K
FY2024$54K
FY2025$32K

From the FY2020 Form 990 · see the original

990 PDF Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in May 1989.

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

Where the money goes

72 cents of each dollar spent went to programs.

Program services 72% · $252K Management & general 28% · $96K

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

2 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
V President
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Pamela S Hart Kavualk$64,000$61,500$42,500$26,000$26,000

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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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
  • Loans to or from officersSch L · Pt II1 listed

Programs and updates

Happy Hearts is a nonprofit based in Plattsmouth, NE.

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Provided by the organization

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1 program · $252K · in their own filed words · FY2020
01

Child care services-provided child care to 85CHILDREN on a daily basis

$252Kprogram expense

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$309K
Ln 12
Fees for servicesLn 2g$309K
Money outPt IX
$347K
Ln 25
Programscol B$252K
Managementcol C$96K
Owns and owesPt X
$61K
net assets · Ln 32
Cash and savingsLn 1–2$34K
Total assetsLn 16$71K
LiabilitiesLn 26$10K
PeoplePt VI, VII
2
listed · VII A
PaidVII A0
Voting boardVI 1a2
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$309K
Total revenueLn 12$309K
Assets in detailPt X, end of year
CashLn 1$34K
Cash and savings togetherLn 1–2$34K
Land, buildings, equipmentLn 10c$37K
Total assetsLn 16$71K
LiabilitiesLn 26$10K
Net assetsLn 32$61K
OperationsPt I, VI
EmployeesI 547
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$11K$34K
Land, buildings, equipmentLn 10c$37K$37K
Total assetsLn 16$48K$71K
LiabilitiesLn 26$5K$10K
Net assetsLn 32$44K$61K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$25K$25K
Other salaries and wagesLn 7$194K$194K
Payroll taxesLn 10$17K$17K
Accounting feesLn 11c$7K$7K
Advertising and promotionLn 12$850$850
Office expensesLn 13$791$791
OccupancyLn 16$30K$30K
Conferences, conventions and meetingsLn 19$844$844
Depreciation, depletion and amortizationLn 22$2K$2K
InsuranceLn 23$4K$4K
Other expenses (24a–d)Ln 24$49K$49K
All other expensesLn 24e$16K$16K
Total functional expensesLn 25$347K$252K$96K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $287K$309K−$22K$32K 990 PDF
FY2024 $293K$297K−$4K$54K 990 PDF
FY2023 $285K$277K$8K$58K 990 PDF
FY2022 $202K$205K−$3K$46K 990 PDF
FY2021 $239K$249K−$10K$51K 990 PDF
FY2020 Viewing $309K$347K−$38K$61K 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 $309,030 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenuePrior year $456,549$309,030
I-10 Investment incomePrior year $1$0
I-11 Other revenue$0
I-12 Total revenuePrior year $456,550$309,030
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $316,294$236,613
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $138,785$110,535
I-18 Total expensesPrior year $455,079$347,148
I-19 Revenue less expensesPrior year $1,471−$38,118
Part VI · Governance 0 of 2 board members independent, 2 to look at
VI-1a Voting members of the governing body2
VI-1b Independent voting members0
VI-13 Written whistleblower policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $309,030 across 2 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $309,030$309,030
VIII-12 Total revenueRelated to mission $309,030 · Unrelated business $0 · Excluded from tax $0$309,030
Part IX · Statement of functional expenses $347,148 across 12 lines filed
IX-5 Pay of current officers, directors and key staffManagement $25,000$25,000
IX-7 Other salaries and wagesPrograms $194,413$194,413
IX-10 Payroll taxesManagement $17,200$17,200
IX-11c Accounting feesManagement $7,055$7,055
IX-12 Advertising and promotionPrograms $850$850
IX-13 Office expensesPrograms $791$791
IX-16 OccupancyManagement $30,228$30,228
IX-19 Conferences, conventions and meetingsPrograms $844$844
IX-22 Depreciation, depletion and amortizationPrograms $1,645$1,645
IX-23 InsurancePrograms $4,267$4,267
IX-24 Other expenses (24a–d)Programs $48,738$48,738
IX-24e All other expensesManagement $16,117$16,117
IX-25 Total functional expensesPrograms $251,548 · Management $95,600 · Fundraising $0$347,148
Part X · Balance sheet $70,915 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $11,093$33,570
X-10c Land, buildings and equipment, netStart of year $37,345$37,345
X-16 Total assetsStart of year $48,438$70,915
X-17 Accounts payable and accrued expensesStart of year $1,020$4,923
X-24 Unsecured notes and loans payableStart of year $3,577$4,954
X-26 Total liabilitiesStart of year $4,597$9,877
X-32 Total net assets or fund balancesStart of year $43,841$61,038
X-33 Total liabilities and net assetsStart of year $48,438$70,915
Part XI · Reconciliation of net assets $61,038 net assets at year end
XI-1 Total revenue$309,030
XI-2 Total expenses$347,148
XI-3 Revenue less expenses−$38,118
XI-4 Net assets at start of year$43,841
XI-9 Other changes in net assets$55,315
XI-10 Net assets at end of year$61,038

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

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