Civic Intelligence

The James One 27 Initiative

990EZ • Fiscal year 2018 • EIN 27-3164321

Jan 01, 2018 to Dec 31, 2018 • Filed on Jun 06, 2019

782 Struthers Ranch RdColorado Springs, CO 80921

(719) 238-6785

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

62nd percentile

0.01x

Higher debt load relative to assets than 62% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

61st percentile

0.01x

Higher debt load relative to revenue than 61% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

60th percentile

7.6%

Higher net margin than 60% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2018

Asset Growth

66th percentile

12%

Faster asset growth than 66% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

77th percentile

27%

Faster revenue growth than 77% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$96,333

Up $10,233 (+12%) from 2017

Net Assets

Up

$95,322

Up $10,673 (+13%) from 2017

Liabilities

Down

$1,011

Down $440 (-30%) from 2017

Revenue

Up

$141,160

Up $30,029 (+27%) from 2017

Expenses

Down

$130,412

Down $44,626 (-25%) from 2017

Net Income

Up

$10,748

Up $74,655 (+117%) from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0Assets 2017: $86,100Liabilities 2017: $1,451Net Assets 2017: $84,6492017Assets 2018: $96,333Liabilities 2018: $1,011Net Assets 2018: $95,3222018Assets 2020: $206,356Liabilities 2020: $23,858Net Assets 2020: $182,4982020Assets 2021: $249,475Liabilities 2021: $1,465Net Assets 2021: $248,0102021Assets 2022: $371,430Liabilities 2022: $7,938Net Assets 2022: $363,4922022Assets 2023: $482,476Liabilities 2023: $904Net Assets 2023: $481,5722023Assets 2024: $487,166Liabilities 2024: $2,251Net Assets 2024: $484,9152024

Highlighted filing

2018

Assets$96,333
Liabilities$1,011
Net Assets$95,322

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$800K$600K$400K$200K$0-$200KRevenue 2017: $111,131Expenses 2017: $175,038Net Income 2017: -$63,9072017Revenue 2018: $141,160Expenses 2018: $130,412Net Income 2018: $10,7482018Revenue 2020: $406,568Expenses 2020: $344,266Net Income 2020: $62,3022020Revenue 2021: $656,908Expenses 2021: $591,396Net Income 2021: $65,5122021Revenue 2022: $569,091Expenses 2022: $453,609Net Income 2022: $115,4822022Revenue 2023: $592,074Expenses 2023: $473,994Net Income 2023: $118,0802023Revenue 2024: $576,915Expenses 2024: $577,339Net Income 2024: -$4242024

Highlighted filing

2018

Revenue$141,160
Expenses$130,412
Net Income$10,748
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Jun 6, 2019
Return Version
2018v3.1
Gross Receipts
$143,319
Mission and Program Overview

Mission

Empowering young people to avoid the pitfalls of a self-focused life through discovery of their true identity in god as sacrificial givers, willing to spend themselves for others.

Program Services

DescriptionGrantsExpenses
30 DAYS OF HEARTWORK. WE CHALLENGE YOUNG PEOPLE TO SACRIFICE AND COLLECT FUNDS FOR ORPHAN PROJECTS AROUND THE WORLD AND WE GRANT THOSE FUNDS TO OUR PARTNER ORPHAN-CARE ORGANIZATIONS.$0$101,284
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JEREMIAH PARKSBoard ChairmanFT$60,867-$60,867
JUSTIN ROSSVice Chairman-$0--
JARED NEWMANVice Chairman-$0--
STEVEN BREWERTreasurer-$0--
NICK LAVEZZOBoard Member-$0--
JOSEY PARKSBoard Member-$0--
SHANNON ROSSBoard Member-$0--
PATRICK JOHNSONBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Heartwork Inc
EIN
27-3164321
Phone
7192386785
Address
782 STRUTHERS RANCH RD, COLORADO SPRINGS, CO 80921

Signing Officer

Name
Nichol Parks
Title
Director of Operations
Phone
7192386785
Signed
2019-06-06
Discuss with paid preparer
Yes

Preparer

Firm
Indinero
Address
340 S LEMON AVE 4637, WALNUT, CA 91789-2706
Preparer
David Korb
Phone
8554634637
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: interest income. Amount: 15.

Form 990-ez, Part I, Line 7 - Sales of Inventory

Income: gross receipts: 35,138. Returns and allowances: 0. Less cost of goods sold: 2,159. Gross profit: 32,979. Cost of goods sold: inventory at beginning of year: 0. Merchandise purchased: 2,159. Cost of labor: 0. Materials and supplies: 0. Other costs: 0. Inventory at end of year: 0. Cost of goods sold: 2,159.

Form 990-ez, Part I, Line 8 - Other Revenue

Description: refund of business insurance. Amount: 149. Description: reimbursement from insurance company. Amount: 74. Total to form 990-ez, line 8: 223.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: payroll fees. Amount: 605. Description: travel expenses. Amount: 134. Description: meals and entertainment. Amount: 791. Description: auto & related. Amount: 389. Description: bank service charges. Amount: 334. Description: business insurance. Amount: 3,238. Description: dues & subscription. Amount: 63. Description: gifts & donations. Amount: 25. Description: licenses, fees & permits. Amount: 20. Description: office supplies. Amount: 488. Description: web services. Amount: 4,638. Description: events. Amount: 319. Description: payment processing fee. Amount: 1,783. Description: fundraising expense. Amount: 40. Description: contractors. Amount: 150. Total to form 990-ez, line 16: 13,017.

Form 990-ez, Part I, Line 20 - Other Changes in Net Assets

Description: non-deductible gifts. Amount: -75.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: credit card. Beg. Of year amount: 1,451. End of year amount: 1,011.

Raw XML Appendix195 raw XML fields

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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IRS990EZ/BooksInCareOfDetail/PersonNm0NICHOL PARKS
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0COLORADO SPRINGS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CO
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JEREMIAH PARKS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JUSTIN ROSS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JARED NEWMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3STEVEN BREWER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4NICK LAVEZZO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5JOSEY PARKS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6SHANNON ROSS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7PATRICK JOHNSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0BOARD CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VICE CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7BOARD MEMBER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt0-75
IRS990EZ/OtherExpensesTotalAmt013017
IRS990EZ/OtherRevenueTotalAmt0223
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0EMPOWERING YOUNG PEOPLE TO AVOID THE PITFALLS OF A SELF-FOCUSED LIFE THROUGH DISCOVERY OF THEIR TRUE IDENTITY IN GOD AS SACRIFICIAL GIVERS, WILLING TO SPEND THEMSELVES FOR OTHERS.
IRS990EZ/PrintingPublicationsPostageAmt0240
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt030 DAYS OF HEARTWORK. WE CHALLENGE YOUNG PEOPLE TO SACRIFICE AND COLLECT FUNDS FOR ORPHAN PROJECTS AROUND THE WORLD AND WE GRANT THOSE FUNDS TO OUR PARTNER ORPHAN-CARE ORGANIZATIONS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0101284
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt0109479
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt01451
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt01011
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0130412
IRS990EZ/TotalProgramServiceExpensesAmt0101284
IRS990EZ/TotalRevenueAmt0141160
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.HEARTWORK.TV
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0INCOME FROM SPEAKING ENGAGEMENT - 2017 AMOUNT: $ 175. REWARDS/CASH BACK - 2017 AMOUNT: $ 200. NET INCOME FROM FUNDRAISING EVENTS - 2017 AMOUNT: $ 2,861. GROSS PROFIT FROM SALES OF INVENTORY - 2017 AMOUNT: $ 3,331. 2018 AMOUNT: $ 32,979. REFUND OF BUSINESS INSURANCE - 2018 AMOUNT: $ 149. REIMBURSEMENT FROM INSURANCE COMPANY - 2018 AMOUNT: $ 74.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0107943
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0104535
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0255834
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0205178
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0200450
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0873940
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt015
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt029
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt044
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt033202
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt06567
IRS990ScheduleA/OtherIncome170Grp/TotalAmt039769
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.73340
IRS990ScheduleA/PublicSupportPY170Pct00.80640
IRS990ScheduleA/PublicSupportTotal170Amt0670169
IRS990ScheduleA/SubstantialContributorsTotAmt0203771
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0107943
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0205178
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0200450
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0873940
IRS990ScheduleA/TotalSupportAmt0913753
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 15.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1INCOME: GROSS RECEIPTS: 35,138. RETURNS AND ALLOWANCES: 0. LESS COST OF GOODS SOLD: 2,159. GROSS PROFIT: 32,979. COST OF GOODS SOLD: INVENTORY AT BEGINNING OF YEAR: 0. MERCHANDISE PURCHASED: 2,159. COST OF LABOR: 0. MATERIALS AND SUPPLIES: 0. OTHER COSTS: 0. INVENTORY AT END OF YEAR: 0. COST OF GOODS SOLD: 2,159.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: REFUND OF BUSINESS INSURANCE. AMOUNT: 149. DESCRIPTION: REIMBURSEMENT FROM INSURANCE COMPANY. AMOUNT: 74. TOTAL TO FORM 990-EZ, LINE 8: 223.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: PAYROLL FEES. AMOUNT: 605. DESCRIPTION: TRAVEL EXPENSES. AMOUNT: 134. DESCRIPTION: MEALS AND ENTERTAINMENT. AMOUNT: 791. DESCRIPTION: AUTO & RELATED. AMOUNT: 389. DESCRIPTION: BANK SERVICE CHARGES. AMOUNT: 334. DESCRIPTION: BUSINESS INSURANCE. AMOUNT: 3,238. DESCRIPTION: DUES & SUBSCRIPTION. AMOUNT: 63. DESCRIPTION: GIFTS & DONATIONS. AMOUNT: 25. DESCRIPTION: LICENSES, FEES & PERMITS. AMOUNT: 20. DESCRIPTION: OFFICE SUPPLIES. AMOUNT: 488. DESCRIPTION: WEB SERVICES. AMOUNT: 4,638. DESCRIPTION: EVENTS. AMOUNT: 319. DESCRIPTION: PAYMENT PROCESSING FEE. AMOUNT: 1,783. DESCRIPTION: FUNDRAISING EXPENSE. AMOUNT: 40. DESCRIPTION: CONTRACTORS. AMOUNT: 150. TOTAL TO FORM 990-EZ, LINE 16: 13,017.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: NON-DEDUCTIBLE GIFTS. AMOUNT: -75.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DESCRIPTION: CREDIT CARD. BEG. OF YEAR AMOUNT: 1,451. END OF YEAR AMOUNT: 1,011.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 7 - SALES OF INVENTORY
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0NICHOL PARKS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR OF OPERATIONS
ReturnHeader/BusinessOfficerGrp/PhoneNum07192386785
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-06-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HEARTWORK INC
ReturnHeader/Filer/BusinessNameControlTxt0HEAR
ReturnHeader/Filer/EIN0273164321
ReturnHeader/Filer/PhoneNum07192386785
ReturnHeader/Filer/USAddress/AddressLine1Txt0782 STRUTHERS RANCH RD
ReturnHeader/Filer/USAddress/CityNm0COLORADO SPRINGS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CO
ReturnHeader/Filer/USAddress/ZIPCd080921
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DA39A3EE5E6B4B0D3255BFEF95601890AFD80709
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0748829AA079B342267834369059D8231F8E39962
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0115.85.16.98
ReturnHeader/FilingSecurityInformation/IPDt02019-06-06
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0US
ReturnHeader/FilingSecurityInformation/IPTm019:38:04
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0270162544
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0INDINERO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0340 S LEMON AVE 4637
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WALNUT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0917892706
ReturnHeader/PreparerPersonGrp/PhoneNum08554634637
ReturnHeader/PreparerPersonGrp/PreparationDt02019-06-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID KORB
ReturnHeader/ReturnTs02019-06-06T19:40:06-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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