Civic Intelligence

Hearts with Hope Foundation Inc

EIN 20-8411878 • 501(c)3 • Spring, TX

Profile

Housing and training for troubled and abused girls for the state of texas

P O Box 1623Spring, TX 77383

heartswithhopefoundation.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

69th percentile

0.23x

Higher debt load relative to assets than 69% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

73rd percentile

0.31x

Higher debt load relative to revenue than 73% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

17th percentile

-15%

Higher net margin than 17% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

13th percentile

-13%

Faster asset growth than 13% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

8th percentile

-36%

Faster revenue growth than 8% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$2,114,406

Down $308,630 (-13%) from 2023

Liabilities

Down

$487,959

Down $62,261 (-11%) from 2023

Net Assets

Down

$1,626,447

Down $246,369 (-13%) from 2023

Revenue

Down

$1,590,491

Down $897,195 (-36%) from 2023

Expenses

Up

$1,836,860

Up $2,948 (+0.2%) from 2023

Net Income

Down

-$246,369

Down $900,143 (-138%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0Assets 2011: $349,438Liabilities 2011: $92,625Net Assets 2011: $256,8132011Assets 2012: $428,322Liabilities 2012: $67,508Net Assets 2012: $360,8142012Assets 2013: $390,852Liabilities 2013: $333,201Net Assets 2013: $57,6512013Assets 2014: $506,540Liabilities 2014: $54,631Net Assets 2014: $451,9092014Assets 2015: $606,967Liabilities 2015: $10,124Net Assets 2015: $596,8432015Assets 2016: $570,506Liabilities 2016: $168,063Net Assets 2016: $402,4382016Assets 2017: $807,107Liabilities 2017: $253,662Net Assets 2017: $553,4452017Assets 2018: $1,154,768Liabilities 2018: $218,649Net Assets 2018: $936,1192018Assets 2019: $1,787,974Liabilities 2019: $567,966Net Assets 2019: $1,220,0082019Assets 2020: $1,961,124Liabilities 2020: $649,815Net Assets 2020: $1,311,3092020Assets 2021: $1,745,827Liabilities 2021: $561,110Net Assets 2021: $1,184,7172021Assets 2022: $1,779,386Liabilities 2022: $560,344Net Assets 2022: $1,219,0422022Assets 2023: $2,423,036Liabilities 2023: $550,220Net Assets 2023: $1,872,8162023Assets 2024: $2,114,406Liabilities 2024: $487,959Net Assets 2024: $1,626,4472024

Highlighted filing

2024

Assets$2,114,406
Liabilities$487,959
Net Assets$1,626,447

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $1,558,785Expenses 2011: $1,208,408Net Income 2011: $350,3772011Revenue 2012: $1,516,293Expenses 2012: $1,406,479Net Income 2012: $109,8142012Revenue 2013: $1,505,666Expenses 2013: $1,581,955Net Income 2013: -$76,2892013Revenue 2014: $1,628,252Expenses 2014: $1,504,823Net Income 2014: $123,4292014Revenue 2015: $1,635,968Expenses 2015: $1,486,312Net Income 2015: $149,6562015Revenue 2016: $1,612,311Expenses 2016: $1,731,437Net Income 2016: -$119,1262016Revenue 2017: $1,817,125Expenses 2017: $1,665,962Net Income 2017: $151,1632017Revenue 2018: $2,147,522Expenses 2018: $1,766,779Net Income 2018: $380,7432018Revenue 2019: $1,737,346Expenses 2019: $1,662,385Net Income 2019: $74,9612019Revenue 2020: $2,184,452Expenses 2020: $1,956,069Net Income 2020: $228,3832020Revenue 2021: $1,403,525Expenses 2021: $1,476,147Net Income 2021: -$72,6222021Revenue 2022: $1,531,113Expenses 2022: $1,509,854Net Income 2022: $21,2592022Revenue 2023: $2,487,686Expenses 2023: $1,833,912Net Income 2023: $653,7742023Revenue 2024: $1,590,491Expenses 2024: $1,836,860Net Income 2024: -$246,3692024

Highlighted filing

2024

Revenue$1,590,491
Expenses$1,836,860
Net Income-$246,369

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.11$0.49$1.63$1.59$1.84$0.25
2023Detailed filing. Detailed filing data is available for this year.$2.42$0.55$1.87$2.49$1.83$0.65
2022Detailed filing. Detailed filing data is available for this year.$1.78$0.56$1.22$1.53$1.51$0.02
2021Detailed filing. Detailed filing data is available for this year.$1.75$0.56$1.18$1.40$1.48$0.07
2020Detailed filing. Detailed filing data is available for this year.$1.96$0.65$1.31$2.18$1.96$0.23
2019Summary only. Only limited summary data is available for this year.$1.79$0.57$1.22$1.74$1.66$0.07
2018Summary only. Only limited summary data is available for this year.$1.15$0.22$0.94$2.15$1.77$0.38
2017Summary only. Only limited summary data is available for this year.$0.81$0.25$0.55$1.82$1.67$0.15
2016Summary only. Only limited summary data is available for this year.$0.57$0.17$0.40$1.61$1.73$0.12
2015Detailed filing. Detailed filing data is available for this year.$0.61$0.01$0.60$1.64$1.49$0.15
2014Summary only. Only limited summary data is available for this year.$0.51$0.05$0.45$1.63$1.50$0.12
2013Summary only. Only limited summary data is available for this year.$0.39$0.33$0.06$1.51$1.58$0.08
2012Summary only. Only limited summary data is available for this year.$0.43$0.07$0.36$1.52$1.41$0.11
2011Summary only. Only limited summary data is available for this year.$0.35$0.09$0.26$1.56$1.21$0.35
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 25, 2025
Return Version
2024v5.2
Gross Receipts
$1,590,491
Mission and Program Overview

Mission

Housing and training for troubled and abused boys, ages 12 - 17

Housing and training for troubled and abused girls for the state of texas

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,099,335$1,052,152▼ $47,183
Cash and Non-Interest-Bearing Accounts$1,151,153$870,550▼ $280,603
Accounts Receivable$172,548$191,704▲ $19,156
Total Assets$2,423,036$2,114,406▼ $308,630
Liabilities
Mortgage Notes Payable Secured by Investment Property$437,620$396,681▼ $40,939
Accounts Payable and Accrued Expenses$112,600$91,278▼ $21,322
Total Liabilities$550,220$487,959▼ $62,261
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,872,816$1,626,447▼ $246,369
Total Net Assets Fund Balance$1,872,816$1,626,447▼ $246,369
Total Liabilities and Net Assets / Fund Balance$2,423,036$2,114,406▼ $308,630

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,052,152$546,796-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
-Executive DirectorFT$117,079$117,079
-Program DirectorFT$86,805$86,805

Board Members and Trustees

NameTitle
-President
-Board Member
-Secretary
-Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,590,491
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-246,369

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,590,491
Total Revenue per Audited Statements
$1,590,491
Total Revenue per Form 990
$1,590,491
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,363,413
Other Expenses$473,447
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,061,762$0$0$1,061,762
Current Officers, Directors, Trustees, and Key Employees$204,784$0$0$204,784
Insurance$87,853$0$0$87,853
All Other Expenses$81,230$0$0$81,230
Other Employee Benefits$55,450$0$0$55,450
Depreciation Depletion$47,782$0$0$47,782
Payroll Taxes$41,417$0$0$41,417
Interest$29,808$0$0$29,808
Office Expenses$26,011$0$0$26,011
Other Expenses$21,287$0$0$21,287
Travel$9,990$0$0$9,990
Occupancy$8,756$0$0$8,756
Total Functional Expenses$1,815,782$21,078$0$1,836,860

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,836,860
Total Expenses per Audited Statements$1,836,860
Total Expenses per Form 990$1,836,860
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Hearts With Hope Foundation Inc
EIN
20-8411878
Phone
2812165355
Address
P O BOX 1623, SPRING, TX 77383

Signing Officer

Name
Luevenia Chapman
Title
Executive Director
Phone
2812165355
Signed
2025-09-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Patrick Chapman
Formed
2007
Legal Domicile
TX
Voting Board Members
8
Independent Board Members
8
Employees
18
Volunteers
10

Preparer

Firm
George Baugh Iii & Co
Address
2413 BLODGETT, HOUSTON, TX 77004
Preparer
George Baugh Iii
Phone
7135283535
Supplemental Narrative

Additional Explanations

Other

PART 111 EXEMT PURPOSE.

Other

Part v1-a line 8.organization is a 24 hours child care facility that provides housing and care for misplaced and challenged children.

Pt VI, Line 11B

The organization has management and consultants as a whole for the board meeting.

Pt VI, Line 8A

The organization has various reporting requirements every year. Documents are made available upon request.

Pt VI, Line 8B

The organization has basic internal revenue evaluation process that is performed annually. Salaries are determined by like companies and industry standards in the area.

Pt VIII

A- line i box should be checked for no compensation of officers.

Other

T x i line other changes represent adjustments of assets.

Financial Statement Notes

Pt II, Line 3

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PART 111 EXEMT PURPOSE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PART V1-A LINE 8.ORGANIZATION IS A 24 HOURS CHILD CARE FACILITY THAT PROVIDES HOUSING AND CARE FOR MISPLACED AND CHALLENGED CHILDREN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION HAS MANAGEMENT AND CONSULTANTS AS A WHOLE FOR THE BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION HAS VARIOUS REPORTING REQUIREMENTS EVERY YEAR. DOCUMENTS ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION HAS BASIC INTERNAL REVENUE EVALUATION PROCESS THAT IS PERFORMED ANNUALLY. SALARIES ARE DETERMINED BY LIKE COMPANIES AND INDUSTRY STANDARDS IN THE AREA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5A- LINE I BOX SHOULD BE CHECKED FOR NO COMPENSATION OF OFFICERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6T X I LINE OTHER CHANGES REPRESENT ADJUSTMENTS OF ASSETS.
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LUEVENIA CHAPMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02812165355
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-09-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HEARTS WITH HOPE FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0HEAR
ReturnHeader/Filer/EIN0208411878
ReturnHeader/Filer/PhoneNum02812165355
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O BOX 1623
ReturnHeader/Filer/USAddress/CityNm0SPRING
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ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0760191519
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GEORGE BAUGH III & CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02413 BLODGETT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HOUSTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd077004
ReturnHeader/PreparerPersonGrp/PhoneNum07135283535
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GEORGE BAUGH III
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-09-25T13:38:38-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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