By Heart

Sheridan, WY · Religious organization · Religion

✓ Tax-deductible Latest data FY2025
Revenue
$24K
▲ +7% vs prior year
Spent
$13K
To programs
65%
Net assets
$14K

Form 990 for the fiscal year ending December 2025 (IRS tax year 2025).

Status and standing

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?
Yes — filed FY2025
Foundation funders?
1 funder — Natl Christian Charitable Fdn INC
$11K in the latest grant year.
Spent on programs?
65% to programs
Form 990 Part IX, latest filing.
Size and trend
<$100K
↑ +7% vs prior year
Legal name (IRS)Hdr · item CBy Heart
EINHdr · item D87-4161552
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFJan 2023
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CSheridan, WY
NTEE classificationIRS BMFReligion (X21)

Where the money goes

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.65 Management & general $0.14 Fundraising $0.21
Program services65%$9K
Management & general14%$2K
Fundraising21%$3K
Total functional expensesLn 25$13K

Financial health

Revenue & expenses by yearFY2023–FY2025
Revenue
$24K
FY2025▲ +7%
Expenses
$13K
FY2025▼ -39%
Program efficiency
65%
of spending reaches programs
Operating runway
11.5mo
months of highly liquid reserves at operating expense rate▲ +667% vs prior filing year
Surplus margin
+44%
revenue over expenses, this year▲ ×25 vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Total assets
$14K
FY2025▲ +258%
Total liabilities
$0
FY2025
Revenue less expensesPt I · Ln 19$10K
Total assetsPt X · Ln 16$14K
Program-expense ratioPt IX · col B65%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47

Balance Sheet

Part X · end of year
CashLn 1$13K
Total assetsLn 16$14K
Total liabilitiesLn 26$0
Total net assetsLn 32$14K
Months of cash on handcomputed11.5

Statement of Revenue

Part VIII
Contributions & grants101%$24K
Total revenueLn 12$24K

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $13K · Operating expenses/yr $13K
11.5 months
Where the money goes
Program services
Program services $9K · Total expenses $13K
65%
Management & General
Management & general $2K · Total expenses $13K
14%
Fundraising
Fundraising $3K · Total expenses $13K
21%
Cost to raise $1
Fundraising expense (3-yr avg) $1K · Solicited contributions (3-yr avg) $18K
$0.08 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $24K · Total revenue $24K
101%
Government reliance
Government grants $0 · Total revenue $24K
0%
Earned-income share
Program service revenue $0 · Total revenue $24K
0%
Investment reliance
Investment income $0 · Total revenue $24K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $13K
0%
Growth & trend
Revenue growth (YoY)
This year $24K · Prior year $22K
Prior-year revenue below floor — showing dollar change
Net-asset trend (YoY)
End of year $14K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $24K · Expenses $13K
+44%
Liabilities-to-Assets
Total liabilities — · Total assets $14K
—
Net-asset ratio
Net assets $14K · Total assets $14K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $14K
0%
People & payroll
Highest Reported Total Compensation
Individual Thomas Griffin · Reported title Executive Director · Highest reported compensation $0 · Total expenses $13K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $13K
0%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 65%——
Overhead ratio 14%——
Fundraising cost ratio 12%——
Revenue growth 7%——
Investment management fee ratio 0%——
Legal fee ratio 0%——
Accounting fee ratio 8%——
Fundraising fee ratio 20%——

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

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Board Member - Recitation Coordinator Committee
$0Pt VII · Sec A
Compliance Officer
$0Pt VII · Sec A
Board Member - Curriculum Committee
$0Pt VII · Sec A
Board Member - Technology Committee
$0Pt VII · Sec A
Board Member - Stb Committee
$0Pt VII · Sec A
See By Heart executive salaries →

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Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b7
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Mission and programs

Promotes Bible understanding and church involvement through memorized Scripture recitation worldwide.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

3 program services account for $9K of program spending, described in the organization's own filed words · FY2025.
01

The Speaking the Bible workshop is a unique program that merges our previous Case for Recitation seminar providing a logical approach to Scripture recitation with the detailed 7-step By Heart method for effectively preparing to recite passages from the Bible.

$6Kprogram expense
02

The By Heart Recitation Leader Workshop is designed for recitation coordinators that is the people at a church who organize recruit and coach individual reciters as well as for church leadership to understand what is involved in delivering a recitation of Scripture that is meaningful and follows the pattern of spiritual discipleship.

$2Kprogram expense
03

The By Heart Scripture Recitation Workshop is a half-day workshop that models our best practice for preparation of a recitation of Scripture. It is hands-on and lively with a foundation in performance studies and communication. The emphasis during the session is on understanding the passage so that it can be communicated.

$1Kprogram expense

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Funders

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

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$11K

Filing history

YearRevenueExpensesChangeFiling
FY2025 Latest Viewing $24K$13K+7% 990 PDF
FY2024 $22K$22K+180% 990 PDF
FY2023 $8K$7K 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) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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