Warm Hearth Foundation Incorporated FY2020 filing

Tax-deductible

Blacksburg, VA501(c)(3)Since 1992Human ServicesEIN 54-1639629Revenue $974K in FY2020

On file with the IRSretire.org2607 Warm Hearth Dr Ste 100, 24060-6247 · Blacksburg, VATax-exempt since Dec 1992Supporting organization — 509(a)(3)

This page gets seen. Tell your story. Claim this org.

Warm Hearth Foundation receives and administers supporting funds for the purposes of residents of Warm Hearth village as follows: (a) housing services to elderly and handicapped as provided by trolinger house, INC., new river house, INC., new century housing, INC., founders forest, INC., and Warm Hearth, INC., (b) non-profit nursing home and assisted living care as provided by nrv nursing center, INC., showalter center, INC., Warm Hearth at home, INC., and Warm Hearth hospice, INC.

501(c)(3) charity; gifts are tax-deductible.
57¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

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
5 of 6
filings with a surplus
Average surplus $199K a year · 28% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
57%
of spending
Worth a look: 57% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Cash reserves
16 mo
of spending, in cash
Looks good: 15.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $11K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$721K
24% of total assets
Looks good: liabilities are 24% of assets; 50% or less.
Pt X · Ln 26
Independent board members
4
of 4 voting members
Looks good: 4 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$974K
Spent
$357K
To programs
57%
Net assets
$2.3M
By yearFY2020–FY2025
Revenue
$974K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$974K
FY2021$579K
FY2022$570K
FY2023$780K
FY2024$746K
FY2025$676K
Expenses
$357K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$357K
FY2021$388K
FY2022$350K
FY2023$539K
FY2024$709K
FY2025$789K
Net assets
$2.3M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$2.3M
FY2021$2.6M
FY2022$2.6M
FY2023$3.2M
FY2024$3.9M
FY2025$4.2M

From the FY2020 Form 990 (year ending September 2020) · see the original

Give 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 Dec 1992.

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

Where the money goes

57 cents of each dollar spent went to programs.

Program services 57% · $203K Management & general 22% · $78K Fundraising 21% · $76K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

9 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
President & CEO
$0Pt VII · Sec A
Current CFO
$0Pt VII · Sec A
VP of Health & Wellness Services
$0Pt VII · Sec A
Director of Marketing & Development
$0Pt VII · Sec A
See Warm Hearth Foundation Incorporated executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

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

Programs and updates

Provides housing and care services for elderly and handicapped residents.

Questions for Warm Hearth Foundation Incorporated

Tap to ask. Warm Hearth Foundation Incorporated sees how many people are interested.

Your first name shows with your question. Warm Hearth Foundation Incorporated answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $203K · in their own filed words · FY2019
01

The corporation receives and administers charitable contributions for the support of warm hearth village, a seniors housing community in blacksburg, virginia. Warm hearth village provides elderly and handicapped persons with affordable housing.

$203Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 2 funders$11K
Grants paid · 23 grants · $857K · 2019–2024
Warm Hearth Hospice INCVA · FY2024$115,942
Warm Hearth at Home ServiceFY2024$75,000
Warm Hearth INCVA · FY2024$34,346
Trolinger House INCVA · FY2024$12,272
New River House INCVA · FY2024$5,432
Warm Hearth at Home INCVA · FY2023$50,000
Warm Hearth INCVA · FY2023$34,299
Unitemized GrantFY2023$9,000
Trolinger House INCVA · FY2023$7,387
Unitemized GrantFY2023$5,702
Warm Hearth INCVA · FY2022$34,308
Trolinger House INCVA · FY2022$6,299
Warm Hearth INCVA · FY2021$13,578
See all 23 grants →

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$974K
Ln 12
Gifts and grantsLn 1h$981K
Investment incomeLn 3$45
Money outPt IX
$357K
Ln 25
Programscol B$203K
Managementcol C$78K
Fundraisingcol D$76K
Owns and owesPt X
$2.3M
net assets · Ln 32
Cash and savingsLn 1–2$468K
Total assetsLn 16$3.1M
LiabilitiesLn 26$721K
PeoplePt VI, VII
9
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$981K
Noncash giftsLn 1g$26K
Investment incomeLn 3$45
Gains on assetsLn 7−$8K
Total revenueLn 12$974K
Assets in detailPt X, end of year
CashLn 1$51K
SavingsLn 2$417K
Cash and savings togetherLn 1–2$468K
InvestmentsLn 11–13$1.9M
Land, buildings, equipmentLn 10c$64K
Other assetsLn 15$614K
Total assetsLn 16$3.1M
LiabilitiesLn 26$721K
Net assetsLn 32$2.3M
OperationsPt I, VI
EmployeesI 50
VolunteersI 6200
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
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$63K$468K
InvestmentsLn 11–13$1.4M$1.9M
Land, buildings, equipmentLn 10c$71K$64K
Total assetsLn 16$2.3M$3.1M
LiabilitiesLn 26$755K$721K
Net assetsLn 32$1.6M$2.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$94K$94K
Accounting feesLn 11c$2K$2K
Investment management feesLn 11f$1K$1K
Other fees for servicesLn 11g$1K$1K
Advertising and promotionLn 12$42$42
Office expensesLn 13$30K$30K
OccupancyLn 16$14K$8K$6K
TravelLn 17$580$580
Conferences, conventions and meetingsLn 19$63$63
Depreciation, depletion and amortizationLn 22$7K$7K
InsuranceLn 23$5K$5K
Other expenses (24a–d)Ln 24$197K$93K$30K$74K
All other expensesLn 24e$5K$3K$2K
Total functional expensesLn 25$357K$203K$78K$76K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $676K$789K−$113K$4.2M 990 PDF
FY2024 $746K$709K$38K$3.9M 990 PDF
FY2023 $780K$539K$241K$3.2M 990 PDF
FY2022 $570K$350K$219K$2.6M 990 PDF
FY2021 $579K$388K$192K$2.6M 990 PDF
FY2020 Viewing $974K$357K$617K$2.3M 990 PDF

Want to add your own materials alongside these filings? Claim this org

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 $974,302 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $342,154$980,939
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $126,459−$7,584
I-11 Other revenuePrior year $32,328$947
I-12 Total revenuePrior year $500,941$974,302
I-13 Grants and similar amounts paidPrior year $0$94,338
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $169,821$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $180,290$262,932
I-18 Total expensesPrior year $350,111$357,270
I-19 Revenue less expensesPrior year $150,830$617,032
Part VI · Governance 4 of 4 board members independent, 1 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members4
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-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $974,302 across 6 lines filed
Lines not itemized here account for $947 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$980,939
VIII-1g Noncash contributions (included above)$26,419
VIII-1h Total contributions, gifts and grants$980,939
VIII-3 Investment incomeExcluded from tax $45$45
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$7,629−$7,629
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax −$6,637$974,302
Part IX · Statement of functional expenses $357,270 across 13 lines filed
IX-1 Grants to domestic organizationsPrograms $94,338$94,338
IX-11c Accounting feesManagement $1,541$1,541
IX-11f Investment management feesManagement $1,291$1,291
IX-11g Other fees for servicesPrograms $1,498$1,498
IX-12 Advertising and promotionManagement $42$42
IX-13 Office expensesManagement $30,480$30,480
IX-16 OccupancyPrograms $8,087 · Management $6,196$14,283
IX-17 TravelManagement $580$580
IX-19 Conferences, conventions and meetingsManagement $63$63
IX-22 Depreciation, depletion and amortizationPrograms $6,888$6,888
IX-23 InsuranceManagement $5,026$5,026
IX-24 Other expenses (24a–d)Programs $92,662 · Management $29,712 · Fundraising $74,130$196,504
IX-24e All other expensesManagement $2,766 · Fundraising $1,970$4,736
IX-25 Total functional expensesPrograms $203,473 · Management $77,697 · Fundraising $76,100$357,270
Part X · Balance sheet $3,061,773 assets, 16 lines filed
X-1 Cash, non-interest-bearingStart of year $62,686$50,575
X-2 Savings and temporary cash investments$416,992
X-3 Pledges and grants receivableStart of year $3,782$58,773
X-9 Prepaid expenses and deferred chargesStart of year $519$259
X-10c Land, buildings and equipment, netStart of year $70,826$63,966
X-11 Publicly traded securitiesStart of year $1,415,293$1,857,208
X-15 Other assetsStart of year $790,777$614,000
X-16 Total assetsStart of year $2,343,883$3,061,773
X-17 Accounts payable and accrued expensesStart of year $26,769$24,050
X-19 Deferred revenueStart of year $235,241$215,638
X-25 Other liabilitiesStart of year $493,273$481,124
X-26 Total liabilitiesStart of year $755,283$720,812
X-27 Net assets without donor restrictionsStart of year −$327,111−$145,333
X-28 Net assets with donor restrictionsStart of year $1,915,711$2,486,294
X-32 Total net assets or fund balancesStart of year $1,588,600$2,340,961
X-33 Total liabilities and net assetsStart of year $2,343,883$3,061,773
Part XI · Reconciliation of net assets $2,340,961 net assets at year end
XI-1 Total revenue$974,302
XI-2 Total expenses$357,270
XI-3 Revenue less expenses$617,032
XI-4 Net assets at start of year$1,588,600
XI-5 Net unrealized gains (losses) on investments$115,726
XI-9 Other changes in net assets$19,603
XI-10 Net assets at end of year$2,340,961

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

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.