Little Hearts Learning FY2022 filing

Tax-deductible

Dallas, TX501(c)(3)EducationEIN 84-2372035Revenue $3K in FY2022

On file with the IRS5301 Alpha Road E80, 75240-4355 · Dallas, TXTax-exempt since Nov 2020Publicly supported charity — 170(b)(1)(A)(vi)

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We provide aid through educational services, school infrastructure food and shelter programs, and medical resources in order to break the poverty cycle in the communities we serve.

501(c)(3) charity; gifts are tax-deductible.
20¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2022 · 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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 3
filings with a surplus
Average surplus $2K a year · 1% of revenue · last 3 filings
Worth a look: a surplus in 1 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
20%
of spending
Concern: 20% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Cash reserves
3 mo
of spending, in cash
Looks good: 3.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $64
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$1K
12% of total assets
Looks good: liabilities are 12% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3K
-99% vs prior year
Spent
$45K
To programs
20%
Net assets
$10K
By yearFY2020–FY2024
Revenue
$3K
FY2022▼ -99%
Tap a bar for its year
Revenue by fiscal year
FY2020$212K
FY2021$315K
FY2022$3K
FY2023$64
FY2024$0
Expenses
$45K
FY2022▼ -88%
Tap a bar for its year
Expenses by fiscal year
FY2020$106K
FY2021$372K
FY2022$45K
FY2023Not on file
FY2024Not on file
Net assets
$10K
FY2022▼ -81%
Tap a bar for its year
Net assets by fiscal year
FY2020$110K
FY2021$53K
FY2022$10K
FY2023$3K
FY2024$0

From the FY2022 Form 990 · see the original

Form 990 (PDF) Claim
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 2020.

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

Where the money goes

20 cents of each dollar spent went to programs.

Program services 20% · $9K Management & general 80% · $36K

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

3 people listed on the 990.

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

Amber Mangus’s $1K as President is at the 2nd percentile of top reported officer pay among 146 <$100K education 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.

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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

Programs and updates

Breaks the poverty cycle by providing education, shelter, food, and medical aid.

Provided by the organization

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1 program · $9K · in their own filed words · FY2022
01

Funding Kokoda Track Foundation in Building of Early Childhood Education Centers

$9Kprogram expense

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 · FY2023
Total grants receivedfrom 1 funder$64

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$3K
Ln 12
Gifts and grantsLn 1h$3K
Money outPt IX
$45K
Ln 25
Programscol B$9K
Managementcol C$36K
Owns and owesPt X
$10K
net assets · Ln 32
Cash and savingsLn 1–2$11K
Total assetsLn 16$11K
LiabilitiesLn 26$1K
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$3K
Total revenueLn 12$3K
Assets in detailPt X, end of year
CashLn 1$11K
Cash and savings togetherLn 1–2$11K
Total assetsLn 16$11K
LiabilitiesLn 26$1K
Net assetsLn 32$10K
OperationsPt I, VI
EmployeesI 51
VolunteersI 615
Fiscal year endsHeaderDecember
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 FY22End FY22
Cash and savingsLn 1–2$69K$11K
Total assetsLn 16$69K$11K
LiabilitiesLn 26$16K$1K
Net assetsLn 32$53K$10K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants and assistance to foreign recipientsLn 3$9K$9K
Legal feesLn 11b$25K$0$25K$0
Accounting feesLn 11c$2K$0$2K$0
Office expensesLn 13$349$0$349$0
InsuranceLn 23$505$0$505$0
Other expenses (24a–d)Ln 24$5K$82$5K$0
All other expensesLn 24e$2K$0$2K$0
Total functional expensesLn 25$45K$9K$36K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $0$0 990 PDF
FY2023 $64$3K 990 PDF
FY2022 Viewing $3K$45K−$42K$10K 990 PDF
FY2021 $315K$372K−$56K$53K 990 PDF
FY2020 $212K$106K$106K$110K 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 FY2022 990 (6 parts)
Part I · Summary $2,572 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $315,285$2,572
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $315,285$2,572
I-13 Grants and similar amounts paidPrior year $327,125$9,100
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $4,227$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $40,433$35,927
I-18 Total expensesPrior year $371,785$45,027
I-19 Revenue less expensesPrior year −$56,500−$42,455
Part VI · Governance 3 of 3 board members independent, 1 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
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 $2,572 across 3 lines filed
VIII-1f All other contributions, gifts and grants$2,572
VIII-1h Total contributions, gifts and grants$2,572
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$2,572
Part IX · Statement of functional expenses $45,027 across 7 lines filed
IX-3 Grants and assistance to foreign recipientsPrograms $9,100$9,100
IX-11b Legal feesPrograms $0 · Management $25,076 · Fundraising $0$25,076
IX-11c Accounting feesPrograms $0 · Management $2,345 · Fundraising $0$2,345
IX-13 Office expensesPrograms $0 · Management $349 · Fundraising $0$349
IX-23 InsurancePrograms $0 · Management $505 · Fundraising $0$505
IX-24 Other expenses (24a–d)Programs $82 · Management $5,289 · Fundraising $0$5,371
IX-24e All other expensesPrograms $0 · Management $2,281 · Fundraising $0$2,281
IX-25 Total functional expensesPrograms $9,182 · Management $35,845 · Fundraising $0$45,027
Part X · Balance sheet $11,492 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $68,808$11,492
X-16 Total assetsStart of year $68,808$11,492
X-17 Accounts payable and accrued expensesStart of year $16,200$1,350
X-26 Total liabilitiesStart of year $16,200$1,350
X-27 Net assets without donor restrictionsStart of year $51,091$8,635
X-28 Net assets with donor restrictionsStart of year $1,517$1,507
X-32 Total net assets or fund balancesStart of year $52,608$10,142
X-33 Total liabilities and net assetsStart of year $68,808$11,492
Part XI · Reconciliation of net assets $10,142 net assets at year end
XI-1 Total revenue$2,572
XI-2 Total expenses$45,027
XI-3 Revenue less expenses−$42,455
XI-4 Net assets at start of year$52,608
XI-10 Net assets at end of year$10,142

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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