Civic Intelligence

Borrowed Hearts Foundation Inc

990EZ • Fiscal year 2020 • EIN 81-1358951

Jan 01, 2020 to Dec 31, 2020 • Filed on Apr 28, 2021

1144 Indy CourtEvansville, IN 47725

(812) 602-5551

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

Higher debt load relative to assets than 58% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

58th percentile

0.00x

Higher debt load relative to revenue than 58% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

91st percentile

57%

Higher net margin than 91% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

91st percentile

152%

Faster asset growth than 91% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

90th percentile

65%

Faster revenue growth than 90% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$153,102

Up $92,373 (+152%) from 2019

Net Assets

Up

$152,565

Up $92,041 (+152%) from 2019

Liabilities

Up

$537

Up $332 (+162%) from 2019

Revenue

Up

$160,435

Up $63,277 (+65%) from 2019

Expenses

Up

$68,394

Up $15,157 (+28%) from 2019

Net Income

Up

$92,041

Up $48,120 (+110%) from 2019

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2019: $60,729Liabilities 2019: $205Net Assets 2019: $60,5242019Assets 2020: $153,102Liabilities 2020: $537Net Assets 2020: $152,5652020Assets 2021: $278,979Liabilities 2021: $11,677Net Assets 2021: $267,3022021Assets 2022: $642,433Liabilities 2022: $13,347Net Assets 2022: $629,0862022Assets 2023: $611,439Liabilities 2023: $27,211Net Assets 2023: $584,2282023Assets 2024: $473,427Liabilities 2024: $5,878Net Assets 2024: $467,5492024

Highlighted filing

2020

Assets$153,102
Liabilities$537
Net Assets$152,565

Operations Trend

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

$400K$200K$0-$200KRevenue 2019: $97,158Expenses 2019: $53,237Net Income 2019: $43,9212019Revenue 2020: $160,435Expenses 2020: $68,394Net Income 2020: $92,0412020Revenue 2021: $229,918Expenses 2021: $115,181Net Income 2021: $114,7372021Revenue 2022: $179,522Expenses 2022: $176,548Net Income 2022: $2,9742022Revenue 2023: $154,459Expenses 2023: $171,664Net Income 2023: -$17,2052023Revenue 2024: $164,879Expenses 2024: $288,375Net Income 2024: -$123,4962024

Highlighted filing

2020

Revenue$160,435
Expenses$68,394
Net Income$92,041
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Apr 28, 2021
Return Version
2020v4.1
Gross Receipts
$162,206
Mission and Program Overview

Mission

To assist foster children and families

Program Services

DescriptionGrantsExpenses
Daycare Ministry for foster families - Affordable, emergency childcare for foster families taking in new placements on short notice or until an opening becomes available$17,815$24,827
Back to School - Children get new backpacks, lunchboxes, school supplies, shop for clothes, get a haircut (we partner with local salons) and provide snack and activities-$87
Trashtalk - Campaign to raiser awareness and funds to purchase duffle bags in which we pass out across the state of Indiana so that no child has to put their possessions in a trash$70$43
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ashley N HookTreasurer-$0--
Sarah GoughExecutive Director-$0--
Cathie SpaldingPresident-$0--
Brittney McWilliamsVice President-$0--
Lori LovellSecretary-$0--
Mary FigginsDirector-$0--
Lucas UnderwoodDirector-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Pancake Brea$40,218$40,218$1,771$38,447
Total Events$40,218$40,218$1,771$38,447
Filing and Contact Details

Filer

Filer Name
Borrowed Hearts Foundation
EIN
81-1358951
Address
1144 Indy Court, Evansville, IN 47725

Signing Officer

Name
Sarah Gough
Title
Executive Direc
Phone
8126025551
Signed
2021-04-28
Discuss with paid preparer
No

Preparer

Firm
A & M Accounting Services Inc
Address
705 S Boehne Camp Rd, Evansville, IN 47712
Preparer
Amy Hoon
Phone
8122047241
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

Description AmountDaycare 24,827Community Donation Expense 99Dues and Subscriptions 334Payroll Taxes 2,700Training 259Programs 2,499Travel and Meetings 80Licenses and Fees 803Telephone 1,101Insurance 4,621Operations 4,207

Description of other assets Part II line 24

Category Beginning of Year End of YearOther Depreciable Assets 1,692 1,503

Description of total liabilities Part II line 26

Category Beginning of Year End of YearAccrued Payroll Taxes 205 537

Raw XML Appendix188 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountDaycare 24,827Community Donation Expense 99Dues and Subscriptions 334Payroll Taxes 2,700Training 259Programs 2,499Travel and Meetings 80Licenses and Fees 803Telephone 1,101Insurance 4,621Operations 4,207
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Category Beginning of Year End of YearOther Depreciable Assets 1,692 1,503
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ReturnHeader/Filer/EIN0811358951
ReturnHeader/Filer/USAddress/AddressLine1Txt01144 Indy Court
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0705 S Boehne Camp Rd
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ReturnHeader/PreparerPersonGrp/PreparationDt02021-05-10
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ReturnHeader/ReturnTs02021-05-10T14:45:11-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Sarah
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ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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