Civic Intelligence

Wholeheart Inc

990 • Fiscal year 2021 • EIN 46-4300314

Jul 01, 2020 to Jun 30, 2021 • Filed on Feb 23, 2022

88 High Meadow LaneRichmond, VT 05477

(802) 917-5677

Siviq Scores

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

Liabilities / Assets

84th percentile

0.25x

Higher debt load relative to assets than 84% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

78th percentile

0.09x

Higher debt load relative to revenue than 78% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

47th percentile

6.8%

Higher net margin than 47% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

69th percentile

25%

Faster asset growth than 69% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

38th percentile

-10%

Faster revenue growth than 38% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$91,350

Up $18,461 (+25%) from 2020

Net Assets

Up

$68,294

Up $17,738 (+35%) from 2020

Liabilities

Up

$23,056

Up $723 (+3.2%) from 2020

Revenue

Down

$254,587

Down $28,418 (-10%) from 2020

Expenses

Down

$237,399

Down $32,438 (-12%) from 2020

Net Income

Up

$17,188

Up $4,020 (+31%) from 2020

Historical Trend

Balance Sheet Trend

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

$100K$50K$0Assets 2014: $3,799Liabilities 2014: $412014Assets 2015: $7,629Liabilities 2015: $972Net Assets 2015: $6,6572015Assets 2016: $22,408Liabilities 2016: $1,382Net Assets 2016: $21,0262016Assets 2017: $41,708Liabilities 2017: $9,745Net Assets 2017: $31,9632017Assets 2018: $43,714Liabilities 2018: $16,830Net Assets 2018: $26,8842018Assets 2019: $54,544Liabilities 2019: $17,156Net Assets 2019: $37,3882019Assets 2020: $72,889Liabilities 2020: $22,333Net Assets 2020: $50,5562020Assets 2021: $91,350Liabilities 2021: $23,056Net Assets 2021: $68,2942021Assets 2022: $86,169Liabilities 2022: $42,537Net Assets 2022: $43,6322022Assets 2023: $61,468Liabilities 2023: $29,929Net Assets 2023: $31,5392023Assets 2024: $75,489Liabilities 2024: $21,064Net Assets 2024: $54,4252024Assets 2025: $0Liabilities 2025: $0Net Assets 2025: $02025

Highlighted filing

2021

Assets$91,350
Liabilities$23,056
Net Assets$68,294

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2014: $53,338Expenses 2014: $49,580Net Income 2014: $3,7582014Revenue 2015: $54,416Expenses 2015: $53,030Net Income 2015: $1,3862015Revenue 2016: $67,556Expenses 2016: $54,187Net Income 2016: $13,3692016Revenue 2017: $137,885Expenses 2017: $126,948Net Income 2017: $10,9372017Revenue 2018: $151,982Expenses 2018: $157,061Net Income 2018: -$5,0792018Revenue 2019: $247,697Expenses 2019: $237,193Net Income 2019: $10,5042019Revenue 2020: $283,005Expenses 2020: $269,837Net Income 2020: $13,1682020Revenue 2021: $254,587Expenses 2021: $237,399Net Income 2021: $17,1882021Revenue 2022: $221,816Expenses 2022: $246,478Net Income 2022: -$24,6622022Revenue 2023: $301,731Expenses 2023: $314,494Net Income 2023: -$12,7632023Revenue 2024: $234,675Expenses 2024: $211,789Net Income 2024: $22,8862024Revenue 2025: $88,157Expenses 2025: $142,582Net Income 2025: -$54,4252025

Highlighted filing

2021

Revenue$254,587
Expenses$237,399
Net Income$17,188
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Feb 23, 2022
Return Version
2020v4.2
Gross Receipts
$255,154
Mission and Program Overview

Mission

To develop and facilitate reflective leadership practices for organizations and individuals.

To facilitate inner transformation that leads to social transformation. Love is the power that can move humanity towards living in right relationship with others and earth. To develop and facilitate reflective leadership practices for organizations and individuals.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$53,931$74,726▲ $20,795
Rtn Earn Endowment Incm Other Fnds$50,556$68,294▲ $17,738
Savings and Temporary Cash Investments$16,963$16,154▼ $809
Prepaid Expenses and Deferred Charges$1,555--
Accounts Receivable$382$470▲ $88
Land, Buildings, and Equipment, Net$58$0▼ $58
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$72,889$91,350▲ $18,461
Liabilities
Deferred Revenue$15,598$14,483▼ $1,115
Accounts Payable and Accrued Expenses$6,735$8,573▲ $1,838
Total Liabilities$22,333$23,056▲ $723
Net Assets / Fund Balance
Total Net Assets Fund Balance$50,556$68,294▲ $17,738
Total Liabilities and Net Assets / Fund Balance$72,889$91,350▲ $18,461

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$1,006$1,006
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$173,110
Program Service Revenue
$82,034
Investment Income
$10
Other Revenue
$-567
All Other Contributions
$86,094
Change in Net Assets
$17,188
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$205,585
Other Expenses$31,814
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$92,505$71,634-$164,139
Other Employee Benefits$8,358$20,507-$28,865
Fees for Services Other$15,833--$15,833
Payroll Taxes$7,118$5,463-$12,581
Office Expenses$412$4,132-$4,544
Insurance-$3,635-$3,635
Fees for Services Accounting-$2,505-$2,505
Information Technology-$1,462-$1,462
Other Expenses$923$504-$504
Advertising$10$400-$410
Depreciation Depletion-$58-$58
Total Functional Expenses$125,159$112,240$0$237,399
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$567
Fundraising Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Online Donations$42,324-$567-
Total Events$42,324-$567$-567
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
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The 990 is presented to the board of directors prior to filing for review and approval.

Form 990, Part VI, Section B, Line 12C

The conflict of interest policy is reviewed signed and updated yearly at the annual meeting and subsequent board meetings as needed.

Form 990, Part VI, Section B, Line 15

Compensation for all positions is determined and approved by the governance committee using form 990 from other organizations, a written employment contract, and a compensation study or survey. The governance committee reviews and compiles best practices and standards to guide compensation.

Form 990, Part VI, Section C, Line 18

The 990 is on the website and is availabele upon request. The 1023 is available upon request.

Form 990, Part VI, Section C, Line 19

All governing docuements, policies and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Wholeheart Inc
EIN
46-4300314
Phone
8029175677
Address
88 HIGH MEADOW LANE, RICHMOND, VT 05477

Signing Officer

Name
Holly Wilkinson
Title
Executive Director
Phone
8029175677
Signed
2022-02-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Holly Wilkinson
Formed
2013
Legal Domicile
Vt
Voting Board Members
8
Independent Board Members
8
Employees
3
Volunteers
12

Preparer

Firm
M Stuart & Associates Inc
Address
206 S MAIN ST, HARDWICK, VT 05843
Preparer
Michael Stuart CPA
Phone
8024726192
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0123166
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt091355
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt084678
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0493882
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt010
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt03
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt02
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt016
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt082034
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0111800
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0124529
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt060626
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt053207
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0432196
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt010
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt03
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt02
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt016
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.79460
IRS990ScheduleA/PublicSupportPY509Pct00.77500
IRS990ScheduleA/PublicSupportTotal509Amt0735878
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt040000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt040000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt050200
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt030000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt030000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0190200
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0170454
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0218063
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0247695
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0151981
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0137885
IRS990ScheduleA/Total509Grp/TotalAmt0926078
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0170464
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0218066
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0247697
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0151982
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0137885
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0926094
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01006
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01006
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt042324
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt042324
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0567
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0ONLINE DONATIONS
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt042324
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt042324
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-567
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0567
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0567
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 IS PRESENTED TO THE BOARD OF DIRECTORS PRIOR TO FILING FOR REVIEW AND APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CONFLICT OF INTEREST POLICY IS REVIEWED SIGNED AND UPDATED YEARLY AT THE ANNUAL MEETING AND SUBSEQUENT BOARD MEETINGS AS NEEDED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPENSATION FOR ALL POSITIONS IS DETERMINED AND APPROVED BY THE GOVERNANCE COMMITTEE USING FORM 990 FROM OTHER ORGANIZATIONS, A WRITTEN EMPLOYMENT CONTRACT, AND A COMPENSATION STUDY OR SURVEY. THE GOVERNANCE COMMITTEE REVIEWS AND COMPILES BEST PRACTICES AND STANDARDS TO GUIDE COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE 990 IS ON THE WEBSITE AND IS AVAILABELE UPON REQUEST. THE 1023 IS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL GOVERNING DOCUEMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt072889
IRS990/TotalAssetsEOYAmt091350
IRS990/TotalAssetsGrp/BOYAmt072889
IRS990/TotalAssetsGrp/EOYAmt091350
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0173110
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0112240
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0125159
IRS990/TotalFunctionalExpensesGrp/TotalAmt0237399
IRS990/TotalGrossUBIAmt010
IRS990/TotalLiabilitiesBOYAmt022333
IRS990/TotalLiabilitiesEOYAmt023056
IRS990/TotalLiabilitiesGrp/BOYAmt022333
IRS990/TotalLiabilitiesGrp/EOYAmt023056
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt050556
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt068294
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0125159
IRS990/TotalProgramServiceRevenueAmt082034
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0-567
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt082034
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0254587
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt010
IRS990/TotalVolunteersCnt012
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt072889
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt091350
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt088 HIGH MEADOW LANE
IRS990/USAddress/CityNm0RICHMOND
IRS990/USAddress/StateAbbreviationCd0VT
IRS990/USAddress/ZIPCd005477
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0WWW.WHOLEHEARTINC.ORG

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.00$0.88$1.43$0.54
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.75$0.21$0.54$2.35$2.12$0.23
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.61$0.30$0.32$3.02$3.14$0.13
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.86$0.43$0.44$2.22$2.46$0.25
2021Detailed filing. Detailed filing data is available for this year.$0.91$0.23$0.68$2.55$2.37$0.17
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.73$0.22$0.51$2.83$2.70$0.13
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.55$0.17$0.37$2.48$2.37$0.11
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.44$0.17$0.27$1.52$1.57$0.05
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.42$0.10$0.32$1.38$1.27$0.11
2016Detailed filing. Detailed filing data is available for this year.$0.22$0.01$0.21$0.68$0.54$0.13
2015Detailed filing. Detailed filing data is available for this year.$0.08$0.01$0.07$0.54$0.53$0.01
2014Summary only. Only limited summary data is available for this year.$0.04$0.00$0.53$0.50$0.04