Civic Intelligence

The Heartwell Institute Inc

EIN 46-4361938 • 501(c)3 • Worcester, MA

Profile

Organization that offers yoga, meditation, study groups in order to promote mindful practice for life, space rental for wellness programs

1015 Pleasant StreetWorcester, MA 01602

heartwellinstitute.org

Siviq Scores

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

Liabilities / Assets

84th percentile

0.24x

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

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

80th percentile

0.06x

Higher debt load relative to revenue than 80% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

24th percentile

-18%

Higher net margin than 24% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

95th percentile

$60,577

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 39.9% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

24th percentile

-36%

Faster asset growth than 24% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

36th percentile

-17%

Faster revenue growth than 36% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$39,856

Down $22,074 (-36%) from 2023

Liabilities

Up

$9,628

Up $5,965 (+163%) from 2023

Net Assets

Down

$30,228

Down $28,039 (-48%) from 2023

Revenue

Down

$151,932

Down $31,093 (-17%) from 2023

Expenses

Down

$179,971

Down $111,603 (-38%) from 2023

Net Income

Up

-$28,039

Up $80,510 (+74%) from 2023

Trend Graphs

Balance Sheet Trend

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

$300K$200K$100K$0-$100KAssets 2013: $1Liabilities 2013: $02013Assets 2014: $12,209Liabilities 2014: $65,3432014Assets 2015: $9,020Liabilities 2015: $74,975Net Assets 2015: -$65,9552015Assets 2016: $9,531Liabilities 2016: $79,977Net Assets 2016: -$70,4462016Assets 2017: $4,713Liabilities 2017: $79,977Net Assets 2017: -$75,2642017Assets 2018: $4,426Liabilities 2018: $79,975Net Assets 2018: -$75,5492018Assets 2019: $4,761Liabilities 2019: $79,975Net Assets 2019: -$75,2142019Assets 2020: $4,785Liabilities 2020: $79,975Net Assets 2020: -$75,1902020Assets 2021: $241,423Liabilities 2021: $6,313Net Assets 2021: $235,1102021Assets 2022: $200,183Liabilities 2022: $33,367Net Assets 2022: $166,8162022Assets 2023: $61,930Liabilities 2023: $3,663Net Assets 2023: $58,2672023Assets 2024: $39,856Liabilities 2024: $9,628Net Assets 2024: $30,2282024

Highlighted filing

2024

Assets$39,856
Liabilities$9,628
Net Assets$30,228

Operations Trend

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

$400K$200K$0-$200KRevenue 2013: $0Expenses 2013: $0Net Income 2013: $02013Revenue 2014: $15,364Expenses 2014: $68,498Net Income 2014: -$53,1342014Revenue 2015: $25,042Expenses 2015: $37,864Net Income 2015: -$12,8222015Revenue 2016: $5,369Expenses 2016: $9,860Net Income 2016: -$4,4912016Revenue 2017: $4,147Expenses 2017: $4,189Net Income 2017: -$422017Revenue 2018: $13,630Expenses 2018: $13,915Net Income 2018: -$2852018Revenue 2019: $3,320Expenses 2019: $2,985Net Income 2019: $3352019Revenue 2020: $6,786Expenses 2020: $6,762Net Income 2020: $242020Revenue 2021: $394,400Expenses 2021: $84,100Net Income 2021: $310,3002021Revenue 2022: $254,260Expenses 2022: $322,938Net Income 2022: -$68,6782022Revenue 2023: $183,025Expenses 2023: $291,574Net Income 2023: -$108,5492023Revenue 2024: $151,932Expenses 2024: $179,971Net Income 2024: -$28,0392024

Highlighted filing

2024

Revenue$151,932
Expenses$179,971
Net Income-$28,039

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.2
Gross Receipts
$151,932
Mission and Program Overview

Mission

Organization that offers yoga, meditation, study groups in order to promote mindful practice for life, space rental for wellness programs

Organization that offers yoga, meditation, study groups in order to promote mindful practice for life, space rental for wellness programs.

Program Services

DescriptionGrantsExpenses
ORGANIZATION THAT OFFERS YOGA, MEDITATION, STUDY GROUPS IN ORDER TO PROMOTE MINDFUL PRACTICE FOR LIFE, SPACE RENTAL FOR WELLNESS PROGRAMS.$0$57,287
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
SUSAN BUCHHOLZExecutive DirectorFT$60,577-$60,577
ZAYDA VALLEJOFormer Executive DirectorFT$10,000$92$10,092
ROBERT LENHARDTFormer Treasurer-$0--
ESTELA MCDONOUGHFormer Director-$0--
ADRIANA VACCAROPresident-$0--
JACK MARONEYTreasurer-$0--
IRENE HERNANDEZSecretary/Clerk-$0--
JUDITH OCKENEBoard Member-$0--
VICKI BRIGGSBoard Member-$0--
TOYIN AKINBULIBoard Member-$0--
MARK LEARYBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
The Heartwell Institute Inc
EIN
46-4361938
Phone
5089636460
Address
1015 PLEASANT STREET, WORCESTER, MA 01602

Signing Officer

Name
Susan Buchholz
Title
Executive Director
Phone
5089636460
Signed
2025-11-17
Discuss with paid preparer
Yes

Preparer

Firm
Non Profit Capital Management LLC
Address
153 CLINTON RD, STERLING, MA 01564-2357
Preparer
Brian Kindorf
Phone
7819336726
Supplemental Narrative

Additional Explanations

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

Description: interest income. Amount: 29.

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

Description: space rental. Amount: 550. Description: miscellaneous. Amount: 3,505. Total to form 990-ez, line 8: 4,055.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: . Grantee name: uhai for health. Amount given: 250.

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

Description: insurance. Amount: 3,128. Description: travel. Amount: 221. Description: depreciation. Amount: 1,172. Description: program & office expenses. Amount: 6,060. Description: dues & subscriptions. Amount: 3,228. Description: marketing. Amount: 3,885. Total to form 990-ez, line 16: 17,694.

Form 990-ez, Part II, Line 24 - Other Assets

Description: prepaid expenses. Beg. Of year amount: 817. End of year amount: 0. Description: accounts receivable. Beg. Of year amount: 0. End of year amount: 4,000.

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

Description: accounts payable. Beg. Of year amount: 3,663. End of year amount: 2,128. Description: deferred revenue. Beg. Of year amount: 0. End of year amount: 7,500.

Raw XML Appendix237 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.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 29.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACTIVITY CLASSIFICATION: . GRANTEE NAME: UHAI FOR HEALTH. AMOUNT GIVEN: 250.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: INSURANCE. AMOUNT: 3,128. DESCRIPTION: TRAVEL. AMOUNT: 221. DESCRIPTION: DEPRECIATION. AMOUNT: 1,172. DESCRIPTION: PROGRAM & OFFICE EXPENSES. AMOUNT: 6,060. DESCRIPTION: DUES & SUBSCRIPTIONS. AMOUNT: 3,228. DESCRIPTION: MARKETING. AMOUNT: 3,885. TOTAL TO FORM 990-EZ, LINE 16: 17,694.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: PREPAID EXPENSES. BEG. OF YEAR AMOUNT: 817. END OF YEAR AMOUNT: 0. DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 4,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 3,663. END OF YEAR AMOUNT: 2,128. DESCRIPTION: DEFERRED REVENUE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 7,500.
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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/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-17
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ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRIAN KINDORF
ReturnHeader/ReturnTs02025-11-17T10:01:24-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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