Hearts Aligned INC FY2024 filing

Tax-deductible

Santa Barbara, CA501(c)(3)Since 2021Health CareEIN 87-1191245Revenue $273K in FY2024

On file with the IRSheartsaligned.org2323 De La Vina St Ste 106, 93105-3878 · Santa Barbara, CATax-exempt since Apr 2022Publicly supported charity — 170(b)(1)(A)(vi)

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Hearts Aligned helps families with critically ill children living in santa barbara county by providing financial assistance, family support and advocacy. We work with all pediatric critical illness except for pediatric cancers.

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

Before you give

FY2024 · 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
2 of 3
filings with a surplus
Average surplus $156K a year · 36% of revenue · last 3 filings
Fine: a surplus in 2 of the last 3 filings.
Pt I · Ln 19 · 3 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
9 mo
of spending, in cash
Looks good: 9.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $84K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$5K
2% of total assets
Looks good: liabilities are 2% of assets; 50% or less.
Pt X · Ln 26
Independent board members
8
of 8 voting members
Looks good: 8 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$273K
-33% vs prior year
Spent
$280K
To programs
72%
Net assets
$213K
By yearFY2023–FY2025
Revenue
$273K
FY2024▼ -33%
Tap a bar for its year
Revenue by fiscal year
FY2023$406K
FY2024$273K
FY2025$622K
Expenses
$280K
FY2024▲ +50%
Tap a bar for its year
Expenses by fiscal year
FY2023$187K
FY2024$280K
FY2025$367K
Net assets
$213K
FY2024▼ -3%
Tap a bar for its year
Net assets by fiscal year
FY2023$220K
FY2024$213K
FY2025$468K

From the FY2024 Form 990 · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Apr 2022.

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% · $202K Management & general 18% · $50K Fundraising 10% · $28K

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

10 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Executive Dir.
$0Pt VII · Sec A
See Hearts Aligned INC executive salaries →

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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

Provides financial aid and support to families with critically ill children in Santa Barbara County.

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Provided by the organization

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1 program · $202K · in their own filed words · FY2024
01

Services to strengthen families and offer support in the forms of financial aid, personal/family assistance, and patient advocacy.

$202Kprogram 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
Dignity HealthFY2024$78K
Total grants receivedfrom 2 funders$84K
Grants paid · 2 grants · $118K · 2023–2025
Unitemized GrantFY2025$54,208
Unitemized GrantFY2023$63,373

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$273K
Ln 12
Gifts and grantsLn 1h$297K
Investment incomeLn 3$5K
Money outPt IX
$280K
Ln 25
Programscol B$202K
Managementcol C$50K
Fundraisingcol D$28K
Owns and owesPt X
$213K
net assets · Ln 32
Cash and savingsLn 1–2$214K
Total assetsLn 16$218K
LiabilitiesLn 26$5K
PeoplePt VI, VII
10
listed · VII A
PaidVII A0
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$297K
Noncash giftsLn 1g$14K
Fundraising eventsLn 1c$154K
Investment incomeLn 3$5K
Gains on assetsLn 7$0
Total revenueLn 12$273K
Assets in detailPt X, end of year
CashLn 1$192K
SavingsLn 2$23K
Cash and savings togetherLn 1–2$214K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$218K
LiabilitiesLn 26$5K
Net assetsLn 32$213K
OperationsPt I, VI
EmployeesI 56
VolunteersI 624
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 FY24End FY24
Cash and savingsLn 1–2$215K$214K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$225K$218K
LiabilitiesLn 26$5K$5K
Net assetsLn 32$220K$213K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$83K$83K
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$78K$72K$6K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$805$805
Payroll taxesLn 10$7K$6K$670
Management feesLn 11a$32K$11K$21K
Legal feesLn 11b$0
Accounting feesLn 11c$11K$11K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$2K$2K
Advertising and promotionLn 12$4K$3K$333$570
Office expensesLn 13$16K$12K$2K$2K
Information technologyLn 14$5K$2K$4K
RoyaltiesLn 15$0
OccupancyLn 16$11K$8K$3K
TravelLn 17$5K$5K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$1K$1K$85
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$1K$1K
Other expenses (24a–d)Ln 24$24K$24K
All other expensesLn 24e$0
Total functional expensesLn 25$280K$202K$50K$28K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $622K$367K$255K$468K 990 PDF
FY2024 Viewing $273K$280K−$7K$213K 990 PDF
FY2023 $406K$187K$220K$220K 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 FY2024 990 (6 parts)
Part I · Summary $273,140 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $270,271$296,613
I-9 Program service revenue$0
I-10 Investment incomePrior year $1,027$4,623
I-11 Other revenuePrior year $135,078−$28,096
I-12 Total revenuePrior year $406,376$273,140
I-13 Grants and similar amounts paidPrior year $63,373$83,473
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $41,042$85,613
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $82,099$111,312
I-18 Total expensesPrior year $186,514$280,398
I-19 Revenue less expensesPrior year $219,862−$7,258
Part VI · Governance 8 of 8 board members independent, 1 to look at
VI-1a Voting members of the governing body8
VI-1b Independent voting members8
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 $273,140 across 10 lines filed
VIII-1c Fundraising events$153,890
VIII-1f All other contributions, gifts and grants$142,723
VIII-1g Noncash contributions (included above)$13,871
VIII-1h Total contributions, gifts and grants$296,613
VIII-3 Investment incomeExcluded from tax $4,623$4,623
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising eventsExcluded from tax −$28,096−$28,096
VIII-12 Total revenueExcluded from tax −$23,473$273,140
Part IX · Statement of functional expenses $280,398 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individualsPrograms $83,473$83,473
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $71,981 · Management $6,011$77,992
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsPrograms $805$805
IX-10 Payroll taxesPrograms $6,146 · Management $670$6,816
IX-11a Management feesPrograms $10,545 · Management $21,405$31,950
IX-11b Legal fees$0
IX-11c Accounting feesManagement $11,052$11,052
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesFundraising $1,688$1,688
IX-12 Advertising and promotionPrograms $2,707 · Management $333 · Fundraising $570$3,610
IX-13 Office expensesPrograms $11,759 · Management $2,352 · Fundraising $1,568$15,679
IX-14 Information technologyPrograms $1,796 · Management $3,646$5,442
IX-15 Royalties$0
IX-16 OccupancyPrograms $8,394 · Management $2,798$11,192
IX-17 TravelPrograms $4,661$4,661
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetingsManagement $1,000 · Fundraising $85$1,085
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 InsuranceManagement $1,091$1,091
IX-24 Other expenses (24a–d)Fundraising $23,862$23,862
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $202,267 · Management $50,358 · Fundraising $27,773$280,398
Part X · Balance sheet $218,048 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $214,673$191,921
X-2 Savings and temporary cash investments$22,502
X-3 Pledges and grants receivableStart of year $10,087$0
X-4 Accounts receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$3,625
X-10c Land, buildings and equipment, net$0
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $224,760$218,048
X-17 Accounts payable and accrued expensesStart of year $4,898$5,444
X-26 Total liabilitiesStart of year $4,898$5,444
X-32 Total net assets or fund balancesStart of year $219,862$212,604
X-33 Total liabilities and net assetsStart of year $224,760$218,048
Part XI · Reconciliation of net assets $212,604 net assets at year end
XI-1 Total revenue$273,140
XI-2 Total expenses$280,398
XI-3 Revenue less expenses−$7,258
XI-4 Net assets at start of year$219,862
XI-10 Net assets at end of year$212,604

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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