Heartstrong INC EIN 83-1674710

Heartstrong INC

EIN  83-1674710 Religious organization Olathe, KS Founded 2018
Form 990 (PDF) Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Heartstrong INC claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
Establishes places of worship, teaches the gospel, and conducts outreach.
Leadership
Richard Pierce · President · $160K
Money in and out
$293K revenue, $284K expenses
Bottom line
100% program efficiency

Establishes places of worship, teaches the gospel, and conducts outreach. For fiscal year 2025 it reported $293K in revenue, $284K in expenses, and $61K in net assets.Pt I

Where the money goes · FY2025
Total revenue
$293K
Pt VIII · Ln 12
Total expenses
$284K
Pt IX · Ln 25
Net assets
$61K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $9K
Where spending went · Part IX cols B–D
Program services $1.00
Program efficiency
100%
of spending reaches programs0% vs prior filing year
Operating runway
2.2mo
months of highly liquid reserves at operating expense rate0% vs prior filing year
Surplus margin
+3%
revenue over expenses, this year▼ -80% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$293K
FY2025▼ -22%
Expenses
$284K
FY2025▼ -10%
Total assets
$66K
FY2025▲ +13%
Total liabilities
$5K
FY2025▲ +851%
Total revenue
$293K
Pt VIII · Ln 12
Total expenses
$284K
Pt IX · Ln 25
Net assets
$61K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$9K
Total assetsPt X · Ln 16$66K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

1 program service account for $284K of program spending, described in the organization's own filed words · FY2025.
01

The specific purpose for which the corporation is initially organized is to establish and oversee places of worship, teach and preach the gospel to all people, conduct evangelistic and humanitarian outreach, license and ordain ministers of the gospel and to also engage in activities which are necessary, suitable or convenient for the…

$284Kprogram expense

Run this program? Claim this org to tell your story

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CHeartstrong INC
EINHdr · item D83-1674710
Principal addressHdr · item COlathe, KS
WebsiteHdr · item Jnone reported
Year of formationHdr · item L2018
State of legal domicileHdr · item MKS
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFReligion (X21)
Ruling yearIRS BMFJun 2019

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$159,500Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A

Richard Pierce’s $160K as President is at the 98th percentile of top reported officer pay among 2136 $100K–1M religion 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 · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Rick Pierce$172,151$174,700$160,000$108,523
Richard Pierce$159,500$157,159

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.

See Heartstrong INC executive salaries →

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

Statement of Revenue

Part VIII
Contributions & grants$183K · 62%
Program service revenue$110K · 38%
Contributions & grants62%$183K
Program service revenue38%$110K
Total revenueLn 12$293K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$284K
Total functional expensesLn 25$284K

Balance Sheet

Part X · end of year
CashLn 1$52K
Total assetsLn 16$66K
Total liabilitiesLn 26$5K
Total net assetsLn 32$61K
Months of cash on handcomputed2.2

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $52K · Operating expenses/yr $284K
2.2 months
Where the money goes
Program services
Program services $284K · Total expenses $284K
100%
Management & General
Management & general $0 · Total expenses $284K
0%
Fundraising
Fundraising $0 · Total expenses $284K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $172K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $183K · Total revenue $293K
62%
Government reliance
Government grants — · Total revenue $293K
Earned-income share
Program service revenue $110K · Total revenue $293K
38%
Investment reliance
Investment income $0 · Total revenue $293K
0%
Program self-sufficiency
Program service revenue $110K · Total expenses $284K
39%
Growth & trend
Revenue growth (YoY)
This year $293K · Prior year $378K
-22%
Revenue CAGR
FY2020 $175K · FY2025 $293K
+11%
Net-asset trend (YoY)
End of year $61K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $293K · Expenses $284K
+3%
Liabilities-to-Assets
Total liabilities — · Total assets $66K
Net-asset ratio
Net assets $61K · Total assets $66K
93%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $66K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Richard Pierce · Reported title PRESIDENT · Highest reported compensation $160K · Total expenses $284K
56%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $172K · Total expenses $284K
60%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 100%
Revenue growth -22%

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
Total grants receivedfrom 2 funders$56K

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$293K revenue · viewing · ⤓ 990 PDF
FY2024$378K revenue · ⤓ 990 PDF
FY2023$263K revenue · ⤓ 990 PDF
FY2022$240K revenue · ⤓ 990 PDF
FY2021$239K revenue · ⤓ 990 PDF
FY2020$175K revenue · ⤓ 990 PDF

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

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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 peer-cohort and compensation comparisons above.