Liabilities / Assets
29th percentile
Higher debt load relative to assets than 29% of similar nonprofits.
EIN 01-0877614 • 501(c)3 • Indianapolis, IN
Profile
Strengthen and equip women and their families in crisis and poverty through a comprehensive course of biblical instruction, character development, work ethic, academic achievement, work readiness, and on-the-job vocational training combined with supportive relationships.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
29th percentile
Higher debt load relative to assets than 29% of similar nonprofits.
Liabilities / Revenue
39th percentile
Higher debt load relative to revenue than 39% of similar nonprofits.
Net Margin
93rd percentile
Higher net margin than 93% of similar nonprofits.
Top Officer Pay
Score unavailable
No filing with officer rows is available for this organization yet.
Asset Growth
60th percentile
Faster asset growth than 60% of similar nonprofits.
Revenue Growth
12th percentile
Faster revenue growth than 12% of similar nonprofits.
Assets
Up$5,150,636
Up $987,041 (+24%) from 2023
Liabilities
Down$5,500
Down $21,786 (-80%) from 2023
Net Assets
Up$5,145,136
Up $1,008,827 (+24%) from 2023
Revenue
Up$1,358,395
Up $551,389 (+68%) from 2023
Expenses
Up$351,254
Up $76,655 (+28%) from 2023
Net Income
Up$1,007,141
Up $474,734 (+89%) from 2023
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
Strengthen and equip young mothers, who are in crisis and poverty, to be successful mothers and providers through a comprehensive course of biblical instruction, character development, work ethic, academic achievement and work readiness combined with supportive relationships and active mentoring over a 3 to 5 year time frame.
Strengthen and equip women and their families in crisis and poverty through a comprehensive course of biblical instruction, character development, work ethic, academic achievement, work readiness, and on-the-job vocational training combined with supportive relationships and active mentoring over a 3-5 year timeframe.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $3,107,277 | $4,080,655 | ▲ $973,378 |
| Cash and Non-Interest-Bearing Accounts | $506,780 | $766,592 | ▲ $259,812 |
| Pledges and Grants Receivable | $15,800 | $0 | ▼ $15,800 |
| Inventories for Sale or Use | $10,767 | $8,824 | ▼ $1,943 |
| Total Assets | $4,163,595 | $5,150,636 | ▲ $987,041 |
| Other Assets Total | $522,971 | $294,565 | ▼ $228,406 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $21,786 | $0 | ▼ $21,786 |
| Other Liabilities | $5,500 | $5,500 | → $0 |
| Total Liabilities | $27,286 | $5,500 | ▼ $21,786 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $4,136,309 | $4,835,136 | ▲ $698,827 |
| Net Assets With Donor Restrictions | - | $310,000 | - |
| Total Net Assets Fund Balance | $4,136,309 | $5,145,136 | ▲ $1,008,827 |
| Total Liabilities and Net Assets / Fund Balance | $4,163,595 | $5,150,636 | ▲ $987,041 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $4,072,036 | $74,214 | $4,146,250 |
| Equipment | $8,619 | - | $8,619 |
| Other Assets Org | $294,565 | - | - |
| Name | Title |
|---|---|
| Dale Shaw | Board President/managing D |
| Bill Taft | Board Member |
| Celeste Burks | Board Member |
| David Palmer | Board Member |
| Derrick Burks | Board Member |
| Jay Hein | Board Member |
| Joanna Taft | Board Member |
| Josh Abel | Board Member |
| Laurie Abel | Board Member |
| Mary Jo Hein | Board Member |
| Russell Pulliam | Board Member |
| Ruth Pulliam | Board Member |
| Sarah Shaw | Board Member |
| Cynthia Palmer | Board Member/managing D |
| Line Item | Amount |
|---|---|
| Other Expenses | $177,485 |
| Salaries, Compensation, and Employee Benefits | $173,769 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $173,769 | - | - | $173,769 |
| Insurance | $46,678 | - | - | $46,678 |
| Other Expenses | $13,784 | - | - | $13,784 |
| Fees for Services Accounting | $8,546 | - | - | $8,546 |
| Fees for Services Other | $7,086 | - | - | $7,086 |
| Information Technology | $3,285 | - | - | $3,285 |
| Advertising | $1,998 | - | - | $1,998 |
| All Other Expenses | $-2,625 | $50 | - | $-2,575 |
| Total Functional Expenses | $351,204 | $50 | $0 | $351,254 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Deposits | $5,500 |
“David palmer and cindy palmer have a family relationship”
“The managing director prepares the information to be sent to the accounting firm. It is reviewed by the treasurer and managing director/president and then forwarded for submission.”
“All documents are kept by the managing director and are available upon written request.”
“Accrual to cash adjustment 11,486.”
“Note payable due to covenant community housing, llc”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
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| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 0 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | STRENGTHEN AND EQUIP WOMEN AND THEIR FAMILIES IN CRISIS AND POVERTY THROUGH A COMPREHENSIVE COURSE OF BIBLICAL INSTRUCTION, CHARACTER DEVELOPMENT, WORK ETHIC, ACADEMIC ACHIEVEMENT, WORK READINESS, AND ON-THE-JOB VOCATIONAL TRAINING COMBINED WITH SUPPORTIVE RELATIONSHIPS AND ACTIVE MENTORING OVER A 3-5 YEAR TIMEFRAME. |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 1998 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 1998 |
| IRS990/AllOtherContributionsAmt | 0 | 1310764 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 50 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | -2625 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | -2575 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | THE ORGANIZATION |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 3174960916 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1405 N TUXEDO ST |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | INDIANAPOLIS |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | IN |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 462011461 |
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| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
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| IRS990/CYRevenuesLessExpensesAmt | 0 | 1007141 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 173769 |
| IRS990/CYTotalExpensesAmt | 0 | 351254 |
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| IRS990/CYTotalRevenueAmt | 0 | 1358395 |
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| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/Desc | 0 | APPROXIMATELY 60 FAMILIES, ACCOUNTING FOR 134 CHILDREN, WERE SERVED THROUGH HEART CHANGE WOMEN'S PROGRAMMING IN 2024 WITH GOD'S TRANSFORMING WORD, LIFE SKILLS TRAINING AND DISCIPLESHIP/MENTORING. THESE WOMEN AND CHILDREN, ALL LIVING BELOW THE POVERTY LINE, RECEIVED LUNCH EITHER TWO DAYS A WEEK OR THREE DAYS EACH WEEK ON MONDAYS, WEDNESDAYS, AND THURSDAYS DEPENDING ON THEIR CLASS SCHEDULES. IN ADDITION, THEY RECEIVED PARENTING INSTRUCTION; BIBLICAL INSTRUCTION TO DISCOVER GOD'S DESIGN FOR THEM AS WOMEN, MOTHERS AND MEMBERS OF THEIR COMMUNITY; AND LIFE SKILLS EDUCATION, WHICH INCLUDES TIME MANAGEMENT, FINANCIAL STEWARDSHIP, HEALTH AND HYGIENE AND WORK ETHIC. THREE WOMEN PURSUING THEIR GED OR HIGH SCHOOL DIPLOMAS WERE TUTORED IN MATH AND ENGLISH TO PREPARE THEM FOR THEIR EXAMS. WE ASSISTED WOMEN WHO WERE HOMELESS IN SECURING SAFE HOUSING. VOLUNTEERS GAVE OF THEIR OWN TIME AND RESOURCES TO PROVIDE TRANSPORTATION AND OTHER PHYSICAL ASSISTANCE SUCH AS FOOD, CLOTHING, DIAPERS, BABY NEEDS AND HOUSEHOLD NEEDS. MOTHER'S UNIVERSITY IS A SEMESTER LONG INTENSIVE PROGRAM OF DISCIPLESHIP AND CHANGE. FOUR WOMEN GRADUATED IN 2023. NINE WOMEN PARTICIPATED IN THE GIFT OF WORK INITIATIVE. APPROXIMATELY 88 VOLUNTEERS HELPED WITH OUR PROGRAMS IN 2024. |
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| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRestrictionNetAssetsGrp/EOYAmt | 0 | 310000 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 13 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 351204 |
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| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt | 0 | 8546 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 8546 |
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| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 7086 |
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| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
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| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 13 | 1.00 |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | BOARD MEMBER |
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| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 3285 |
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| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 18900 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 18900 |
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| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 4080655 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 4154869 |
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| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
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| IRS990/MethodOfAccountingCashInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | STRENGTHEN AND EQUIP WOMEN AND THEIR FAMILIES IN CRISIS AND POVERTY THROUGH A COMPREHENSIVE COURSE OF BIBLICAL INSTRUCTION, CHARACTER DEVELOPMENT, WORK ETHIC, ACADEMIC ACHIEVEMENT, WORK READINESS, AND ON-THE-JOB VOCATIONAL TRAINING COMBINED WITH SUPPORTIVE RELATIONSHIPS. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
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| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 5145136 |
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| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | -32409 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
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| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 4835136 |
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| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
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| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 294565 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 11486 |
| IRS990/OtherExpensesGrp/Desc | 0 | PROGRAM MATERIALS AND S |
| IRS990/OtherExpensesGrp/Desc | 1 | ACCRUAL TO CASH ADJUSTM |
| IRS990/OtherExpensesGrp/Desc | 2 | CLEANING AND MAINTENANC |
| IRS990/OtherExpensesGrp/Desc | 3 | UTILITIES |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 45296 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 27286 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 26101 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 13784 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 45296 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 27286 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 26101 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 13784 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 5500 |
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| IRS990/PrincipalOfficerNm | 0 | CYNTHIA PALMER |
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| IRS990/ProgramServiceRevenueGrp/Desc | 0 | HEART CHANGE ARTISANS |
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| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | OUR PROGRAMS INCLUDE A PRE-SCHOOL EDUCATIONAL PROGRAM FOR CHILDREN AGES 0 TO 5. WE SERVED APPROXIMATELY 45 PRE-SCHOOL CHILDREN OVER THE COURSE OF 2024, PLUS AN ADDITIONAL 47 GRADE SCHOOL AND HIGH SCHOOL CHILDREN IN THE SUMMER MONTHS AND SCHOOL VACATION WEEKS. OUR GOAL IS TO PREPARE OUR PRE-SCHOOL CHILDREN FOR THEIR ACADEMIC JOURNEY SO THAT THEY ENTER KINDERGARTEN ON PAR WITH OR AHEAD OF THEIR CLASSMATES WHO HAVE BENEFITTED FROM PRE-SCHOOL EXPERIENCES. SPECIFIC LEARNING OBJECTIVES ARE: APPROPRIATE SOCIAL BEHAVIOR, DEVELOP LISTENING SKILLS, FOLLOW INSTRUCTIONS, FINE MOTOR SKILLS, LARGE MOTOR SKILLS, LETTERS, COLORS, NUMBERS, UNDERSTANDING THE CONCEPT OF BEING ASKED A QUESTION AND ANSWERING A QUESTION AND BUILDING VOCABULARY. IN THE SUMMER OF 2024, WE CONTINUED TO SUPPORT OUR HIGH SCHOOL AGED BOYS WITH DEVELOPING FUTURE VISION FOR THEIR LIVES POST HIGH SCHOOL PROVIDING SIGNIFICANT EXPERIENCES AND FIELD TO EXPOSE THEM TO A WIDE RANGE OF OPPORTUNITIES FOR WORK/CAREERS AS WELL AS A COLLEGE CAMPUS VISIT TO CONNECT THEM WITH AN ADVISOR, BREAKDOWN FEARS OF THE UNKNOWN AND HELP THEM SEE THAT COLLEGE COULD BE A REALITY FOR THEM. DURING THE FALL SEMESTER OF 2024, WE LAUNCHED OUR INTENSIVE PARENTING COURSE, INVESTED MOMS, WITH SIX MOTHERS. EACH OF THESE MOMS WERE HIGHLY TRAUMATIZED AS A CHILD, NOT RAISED BY MOTHER AND CAME INTO MOTHERHOOD WITH VIRTUALLY NO ROLE MODELS OR ADVANCE KNOWLEDGE OF CHILDHOOD DEVELOPMENT. THIS COURSE IS DESIGNED TO PROMOTE AND TEACH HEALTHY ATTACHMENT, PREVENT TRAUMA AND FOSTER INTENTIONAL PARENTING FOR HEALTHY BRAIN DEVELOPMENT DURING THE FIRST THREE YEARS OF LIFE. WE ALSO LAUNCHED A NEW SOCIAL ENTERPRISE WHICH WILL ALLOW US TO EMPLOY MORE WOMEN EARLIER IN THEIR HEART CHANGE JOURNEY. |
| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | FOOD: IN 2024, WE FED APPROXIMATELY 3689 CHILDREN'S BREAKFAST SNACKS AND 7833 LUNCHES FOR ALL. MUCH OF THE FOOD WE SERVE IS DONATED; HOWEVER, WE DO PURCHASE A SIGNIFICANT AMOUNT OF IT. WE ALSO CONTINUED TO DISTRIBUTE FOOD TO OUR MOST FOOD INSECURE FAMILIES AT THE END OF EACH MONTH, FOCUSING ON PROTEIN, DAIRY, AND FRUITS AND VEGETABLES. ON AVERAGE WE ARE DISTRIBUTING FOOD TO 7 FAMILIES PER MONTH. |
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| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | NOTE PAYABLE DUE TO COVENANT COMMUNITY HOUSING, LLC |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART X, LINE 2: |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DAVID PALMER AND CINDY PALMER HAVE A FAMILY RELATIONSHIP |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE MANAGING DIRECTOR PREPARES THE INFORMATION TO BE SENT TO THE ACCOUNTING FIRM. IT IS REVIEWED BY THE TREASURER AND MANAGING DIRECTOR/PRESIDENT AND THEN FORWARDED FOR SUBMISSION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ALL DOCUMENTS ARE KEPT BY THE MANAGING DIRECTOR AND ARE AVAILABLE UPON WRITTEN REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | ACCRUAL TO CASH ADJUSTMENT 11,486. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART XI, LINE 9: |
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