Civic Intelligence

Heartstrings Community Foundation

990 • Fiscal year 2018 • EIN 48-1223492

Jan 01, 2018 to Dec 31, 2018 • Filed on May 13, 2019

11599 S Ridgeview RdOverland Park, KS 66061

(913) 649-5700

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.32x

Higher debt load relative to assets than 72% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

74th percentile

0.37x

Higher debt load relative to revenue than 74% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

80th percentile

23%

Higher net margin than 80% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

47th percentile

$57,591

Higher top officer pay than 47% of similar nonprofits.

Top officer pay equals 3.9% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

96th percentile

127%

Faster asset growth than 96% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

78th percentile

25%

Faster revenue growth than 78% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$1,719,034

Up $962,733 (+127%) from 2017

Net Assets

Up

$1,172,446

Up $425,277 (+57%) from 2017

Liabilities

Up

$546,588

Up $537,456 (+5885%) from 2017

Revenue

Up

$1,479,787

Up $292,051 (+25%) from 2017

Expenses

Up

$1,139,510

Up $115,122 (+11%) from 2017

Net Income

Up

$340,277

Up $176,929 (+108%) from 2017

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $465,282Liabilities 2011: $16,865Net Assets 2011: $448,4172011Assets 2012: $460,747Liabilities 2012: $12,275Net Assets 2012: $448,4722012Assets 2013: $470,747Liabilities 2013: $16,810Net Assets 2013: $453,9372013Assets 2014: $547,239Liabilities 2014: $9,405Net Assets 2014: $537,8342014Assets 2015: $475,602Liabilities 2015: $14,980Net Assets 2015: $460,6222015Assets 2016: $594,007Liabilities 2016: $10,186Net Assets 2016: $583,8212016Assets 2017: $756,301Liabilities 2017: $9,132Net Assets 2017: $747,1692017Assets 2018: $1,719,034Liabilities 2018: $546,588Net Assets 2018: $1,172,4462018Assets 2019: $1,618,520Liabilities 2019: $544,689Net Assets 2019: $1,073,8312019Assets 2020: $1,819,359Liabilities 2020: $674,125Net Assets 2020: $1,145,2342020Assets 2021: $2,078,299Liabilities 2021: $513,106Net Assets 2021: $1,565,1932021Assets 2022: $1,913,891Liabilities 2022: $232,894Net Assets 2022: $1,680,9972022Assets 2023: $2,003,538Liabilities 2023: $180,870Net Assets 2023: $1,822,6682023Assets 2024: $2,178,004Liabilities 2024: $152,966Net Assets 2024: $2,025,0382024

Highlighted filing

2018

Assets$1,719,034
Liabilities$546,588
Net Assets$1,172,446

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2011: $1,044,208Expenses 2011: $997,595Net Income 2011: $46,6132011Revenue 2012: $1,005,046Expenses 2012: $1,004,129Net Income 2012: $9172012Revenue 2013: $1,061,059Expenses 2013: $1,055,594Net Income 2013: $5,4652013Revenue 2014: $1,091,801Expenses 2014: $1,007,904Net Income 2014: $83,8972014Revenue 2015: $1,036,160Expenses 2015: $941,282Net Income 2015: $94,8782015Revenue 2016: $1,129,077Expenses 2016: $1,005,878Net Income 2016: $123,1992016Revenue 2017: $1,187,736Expenses 2017: $1,024,388Net Income 2017: $163,3482017Revenue 2018: $1,479,787Expenses 2018: $1,139,510Net Income 2018: $340,2772018Revenue 2019: $1,152,884Expenses 2019: $1,167,921Net Income 2019: -$15,0372019Revenue 2020: $1,100,991Expenses 2020: $999,096Net Income 2020: $101,8952020Revenue 2021: $1,423,079Expenses 2021: $970,347Net Income 2021: $452,7322021Revenue 2022: $1,347,347Expenses 2022: $1,264,413Net Income 2022: $82,9342022Revenue 2023: $1,688,503Expenses 2023: $1,546,832Net Income 2023: $141,6712023Revenue 2024: $1,779,432Expenses 2024: $1,577,062Net Income 2024: $202,3702024

Highlighted filing

2018

Revenue$1,479,787
Expenses$1,139,510
Net Income$340,277
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 13, 2019
Return Version
2018v3.1
Gross Receipts
$1,525,107
Mission and Program Overview

Mission

An interactive day service that employs adults with developmental disabilities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$58,998$1,061,982▲ $1,002,984
Cash and Non-Interest-Bearing Accounts$581,743$567,844▼ $13,899
Accounts Receivable$112,298$89,208▼ $23,090
Prepaid Expenses and Deferred Charges$3,262--
Total Assets$756,301$1,719,034▲ $962,733
Liabilities
Mortgage Notes Payable Secured by Investment Property-$536,608-
Accounts Payable and Accrued Expenses$9,132$9,980▲ $848
Total Liabilities$9,132$546,588▲ $537,456
Net Assets / Fund Balance
Unrestricted Net Assets$747,169$1,087,446▲ $340,277
Temporarily Rstr Net Assets-$85,000-
Total Net Assets Fund Balance$747,169$1,172,446▲ $425,277
Total Liabilities and Net Assets / Fund Balance$756,301$1,719,034▲ $962,733

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$913,480$23,010$936,490
Equipment$50,220$183,333$233,553
Leasehold Improvements$98,282$3,389$101,671
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Bunny HigginsExecutive DirectorFT$55,073$2,518$57,591

Board Members and Trustees

NameTitle
Kathryn LewisPresident
Doug LeibbrandtVice President
Gavin HullVice President
Anne HullDirector
Jason BarmannDirector
Julie LenihanDirector
Katheigh DegenDirector
Kerry MatsonDirector
Lisa WoodruffDirector
Thomas TadtmanDirector
William DegenDirector
Chris NewmanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$643,156
Program Service Revenue
$638,524
Investment Income
$1,421
Other Revenue
$196,686
All Other Contributions
$445,392
Change in Net Assets
$340,277
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$722,205
Other Expenses$417,305
Total Fundraising Expense$51,894
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$532,703--$532,703
Occupancy$132,297--$132,297
Current Officers, Directors, Trustees, and Key Employees$72,677$24,226-$96,903
Other Employee Benefits$48,546--$48,546
Insurance$44,101--$44,101
Payroll Taxes$44,053--$44,053
All Other Expenses$37,430--$37,430
Depreciation Depletion$30,076--$30,076
Fees for Services Accounting-$22,311-$22,311
Interest$21,001--$21,001
Office Expenses-$6,721-$6,721
Fees for Services Other$4,025--$4,025
Other Expenses$2,564-$51,894$2,564
Advertising-$2,521-$2,521
Total Functional Expenses$1,031,837$55,779$51,894$1,139,510
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala----
Others----
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

The 990 will be sent to the governing body for them to review at their own discretion

Conflict of interest policy compliance Part VI line 12C

The organization has a conflict of interest policy that is available upon request. The policy is referenced in matters of compensation and contracts relating to key employees and board members.

Form 990 availability to public Part VI line 18

The 990 be found on the web at the various public not for profit websites; such as, National Center for Charitable Statistics or Guidestar.

Governing documents etc available to public Part VI line 19

The governing documents and 990 are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Heartstrings Community Foundation
EIN
48-1223492
Address
11599 S Ridgeview Rd, Overland Park, KS 66061

Signing Officer

Name
Bunny Higgins
Title
Executive Direc
Phone
9136495700
Signed
2019-05-13
Discuss with paid preparer
Yes

Organization Details

Formed
1999
Legal Domicile
Ks
Voting Board Members
12
Independent Board Members
12
Employees
76

Preparer

Firm
Pro 31 Tax & Accounting LLC
Address
278 Fairlane Dr, Louisburg, KS 66053
Preparer
Janet Houchen
Phone
9138373131
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

Depreciation and amortization of fixed assets and intangible assets had not been reported in the past. This adjustment is a result of incorporating the accumulated affect of both on the balance sheet.

Part X response or note to any line in Part X

Restricted cash for auto lease

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IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt085000
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt048546
IRS990/OtherEmployeeBenefitsGrp/TotalAmt048546
IRS990/OtherExpensesGrp/Desc0Automobile
IRS990/OtherExpensesGrp/Desc1Repairs
IRS990/OtherExpensesGrp/Desc2Fundraising
IRS990/OtherExpensesGrp/Desc3Supplies
IRS990/OtherExpensesGrp/FundraisingAmt051894
IRS990/OtherExpensesGrp/ProgramServicesAmt026540
IRS990/OtherExpensesGrp/ProgramServicesAmt135824
IRS990/OtherExpensesGrp/ProgramServicesAmt22564
IRS990/OtherExpensesGrp/TotalAmt026540
IRS990/OtherExpensesGrp/TotalAmt135824
IRS990/OtherExpensesGrp/TotalAmt251894
IRS990/OtherExpensesGrp/TotalAmt32564
IRS990/OtherInd0X
IRS990/OtherOrganizationDsc0Foundation
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0532703
IRS990/OtherSalariesAndWagesGrp/TotalAmt0532703
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt044053
IRS990/PayrollTaxesGrp/TotalAmt044053
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03262
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0561000
IRS990/ProgramServiceRevenueGrp/Desc0State Agency Contracts
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0638524
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0638524
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0301181
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt01270
IRS990/PYOtherExpensesAmt0354103
IRS990/PYOtherRevenueAmt0185165
IRS990/PYProgramServiceRevenueAmt0700120
IRS990/PYRevenuesLessExpensesAmt0163348
IRS990/PYSalariesCompEmpBnftPaidAmt0670285
IRS990/PYTotalExpensesAmt01024388
IRS990/PYTotalRevenueAmt01187736
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0340277
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01075922
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01001301
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0315148
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0281951
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0266237
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02940559
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01421
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01270
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01089
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0934
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt04714
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.89620
IRS990ScheduleA/PublicSupportPY170Pct00.98200
IRS990ScheduleA/PublicSupportTotal170Amt02639629
IRS990ScheduleA/SubstantialContributorsTotAmt0300930
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01075922
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01001301
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0315148
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0281951
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0266237
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02940559
IRS990ScheduleA/TotalSupportAmt02945273
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0913480
IRS990ScheduleD/BuildingsGrp/DepreciationAmt023010
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0936490
IRS990ScheduleD/EquipmentGrp/BookValueAmt050220
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0183333
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0233553
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt098282
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt03389
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0101671
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01061982
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Gala
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0Others
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The 990 will be sent to the governing body for them to review at their own discretion
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The organization has a conflict of interest policy that is available upon request. The policy is referenced in matters of compensation and contracts relating to key employees and board members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The 990 be found on the web at the various public not for profit websites; such as, National Center for Charitable Statistics or Guidestar.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The governing documents and 990 are available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Depreciation and amortization of fixed assets and intangible assets had not been reported in the past. This adjustment is a result of incorporating the accumulated affect of both on the balance sheet.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Restricted cash for auto lease
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990 availability to public Part VI line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Explanation of other changes in net assets or fund balances Part XI line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Part X response or note to any line in Part X
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt085000
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0756301
IRS990/TotalAssetsEOYAmt01719034
IRS990/TotalAssetsGrp/BOYAmt0756301
IRS990/TotalAssetsGrp/EOYAmt01719034
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0643156
IRS990/TotalEmployeeCnt076
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt051894
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt055779
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01031837
IRS990/TotalFunctionalExpensesGrp/TotalAmt01139510
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt09132
IRS990/TotalLiabilitiesEOYAmt0546588
IRS990/TotalLiabilitiesGrp/BOYAmt09132
IRS990/TotalLiabilitiesGrp/EOYAmt0546588
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0747169
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01172446
IRS990/TotalOtherCompensationAmt02518
IRS990/TotalProgramServiceExpensesAmt01031837
IRS990/TotalProgramServiceRevenueAmt0638524
IRS990/TotalReportableCompFromOrgAmt055073
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0836631
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01479787
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0756301
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01719034
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.18$0.15$2.03$1.78$1.58$0.20
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.00$0.18$1.82$1.69$1.55$0.14
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.91$0.23$1.68$1.35$1.26$0.08
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.08$0.51$1.57$1.42$0.97$0.45
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.82$0.67$1.15$1.10$1.00$0.10
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.62$0.54$1.07$1.15$1.17$0.02
2018Detailed filing. Detailed filing data is available for this year.$1.72$0.55$1.17$1.48$1.14$0.34
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.76$0.01$0.75$1.19$1.02$0.16
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.59$0.01$0.58$1.13$1.01$0.12
2015Detailed filing. Detailed filing data is available for this year.$0.48$0.01$0.46$1.04$0.94$0.09
2014Summary only. Only limited summary data is available for this year.$0.55$0.01$0.54$1.09$1.01$0.08
2013Summary only. Only limited summary data is available for this year.$0.47$0.02$0.45$1.06$1.06$0.01
2012Summary only. Only limited summary data is available for this year.$0.46$0.01$0.45$1.01$1.00$0.00
2011Summary only. Only limited summary data is available for this year.$0.47$0.02$0.45$1.04$1.00$0.05