Heartfelt Tidbits INC

Cincinnati, OH · Public charity (501(c)(3)) · Employment

✓ Tax-deductible
Revenue
$378K
+8% vs prior year
Spent
$415K
To programs
100%
Net assets
$189K
By yearFY2020–FY2024
Revenue
$378K
FY2024▲ +8%
Revenue by fiscal year
FY2020$409K
FY2021$551K
FY2022$586K
FY2023$349K
FY2024$378K
Expenses
$415K
FY2024▼ -26%
Expenses by fiscal year
FY2020$210K
FY2021$346K
FY2022$657K
FY2023$559K
FY2024$415K
Net assets
$189K
FY2024▼ -11%
Net assets by fiscal year
FY2020$287K
FY2021$492K
FY2022$422K
FY2023$212K
FY2024$189K

From the FY2024 Form 990 · see the original

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Legal name (IRS)Hdr · item CHeartfelt Tidbits INC
EINHdr · item D81-2806786
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFJul 2016
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CCincinnati, OH
NTEE classificationIRS BMFEmployment (J22)
WebsiteHdr · item Jwww.heartfelttidbits.com

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$415K
Total functional expensesLn 25$415K

Financial health

Is it on solid ground?

Program efficiency
100%
of spending reaches programs▲ +18% vs prior filing year
Operating runway
5.5mo
months of highly liquid reserves at operating expense rate▲ +12% vs prior filing year
Surplus margin
-10%
revenue over expenses, this year▲ +84% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Total assets
$191K
FY2024▼ -17%
Total assets by fiscal year
FY2020$303K
FY2021$509K
FY2022$440K
FY2023$229K
FY2024$191K
Total liabilities
$2K
FY2024▼ -91%
Total liabilities by fiscal year
FY2020$16K
FY2021$16K
FY2022$19K
FY2023$17K
FY2024$2K
Revenue less expensesPt I · Ln 19−$36K
Total assetsPt X · Ln 16$191K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46

Balance Sheet

Part X · end of year
CashLn 1$191K
Total assetsLn 16$191K
Total liabilitiesLn 26$2K
Total net assetsLn 32$189K
Months of cash on handcomputed5.5

Statement of Revenue

Part VIII
Program service revenue100%$378K
Total revenueLn 12$378K

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $191K · Operating expenses/yr $415K
5.5 months
Where the money goes
Program services
Program services $415K · Total expenses $415K
100%
Management & General
Management & general $0 · Total expenses $415K
0%
Fundraising
Fundraising $0 · Total expenses $415K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $5K · Solicited contributions (3-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $378K
0%
Government reliance
Government grants — · Total revenue $378K
—
Earned-income share
Program service revenue $378K · Total revenue $378K
100%
Investment reliance
Investment income $0 · Total revenue $378K
0%
Program self-sufficiency
Program service revenue $378K · Total expenses $415K
91%
Growth & trend
Revenue growth (YoY)
This year $378K · Prior year $349K
+8%
Revenue CAGR
FY2020 $409K · FY2024 $378K
-2%
Net-asset trend (YoY)
End of year $189K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $378K · Expenses $415K
-10%
Liabilities-to-Assets
Total liabilities — · Total assets $191K
—
Net-asset ratio
Net assets $189K · Total assets $191K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $191K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Sheryl Rajbhandari · Reported title EXECUTIVE DI · Highest reported compensation $80K · Total expenses $415K
19%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $290K · Total expenses $415K
70%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 100%——
Overhead ratio 0%——
Revenue growth 8%——

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.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Di
$80,500Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Sheryl Rajbhandari’s $80K as Executive Di is at the 71st percentile of top reported officer pay among 1216 $100K–1M employment nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

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

NameFY2024FY2023FY2022
Sheryl Rajbhandari$80,500$80,000$33,333

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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Governance & Policies

Part VI
  • 6Voting board membersPt VI · Ln 1a
  • 6Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aNo
  • Whistleblower policyPt VI · Ln 13No
  • Document retention policyPt VI · Ln 14No
  • Top official’s pay independently reviewedPt VI · Ln 15aNo
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Helps refugees and immigrants find stability and integrate into their new communities.

Provided by the organization

This section is blank until Heartfelt Tidbits INC claims this page.

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Mission & Programs · Part III

Where the work happens

1 program service account for $401K of program spending, described in the organization's own filed words · FY2024.
01

To help serve refugees and immigrants.

$401Kprogram expense

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Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$15K

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2024 Latest Viewing $378K$415K+8% 990 PDF
FY2023 $349K$559K-40% 990 PDF
FY2022 $586K$657K+6% 990 PDF
FY2021 $551K$346K+35% 990 PDF
FY2020 $409K$210K 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

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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