Liabilities / Assets
99th percentile
Higher debt load relative to assets than 99% of similar nonprofits.
The Heartwork Foundation
990EZ • Fiscal year 2022 • EIN 81-3896117
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
5.95x
Liabilities / Revenue
92nd percentile
Higher debt load relative to revenue than 92% of similar nonprofits.
Net Margin
34th percentile
Higher net margin than 34% of similar nonprofits.
Top Officer Pay
89th percentile
Higher top officer pay than 89% of similar nonprofits.
Top officer pay equals 42.8% of source-year revenue.
Asset Growth
94th percentile
Faster asset growth than 94% of similar nonprofits.
Revenue Growth
24th percentile
Faster revenue growth than 24% of similar nonprofits.
Balance Sheet
Assets
Up$7,855
Up $4,631 (+144%) from 2021
Net Assets
Up$58,087
Up $54,863 (+1702%) from 2021
Liabilities
$46,766
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
Down$81,394
Down $20,635 (-20%) from 2021
Expenses
Down$83,907
Down $17,555 (-17%) from 2021
Net Income
Down-$2,513
Down $3,080 (-543%) from 2021
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2022 to Dec 31, 2022
- Signed
- May 16, 2022
- Return Version
- 2022v5.0
- Gross Receipts
- $81,394
Mission and Program Overview
Mission
Our mission is to use basketball techniques as a tool to develop youth and push them to a higher level of functioning both on and off the court. Basketball is a universal sport with power to be the guiding light as it reveals the limitless potential hidden inside. Its a team sport that unites people regardless of race, cultural differences and economic backgrounds. It is also a sport of competition and endurance.
Our mission is to use basketball techniques as a tool to develope youth and push them to a higher level of functioning both on and off the court. Basketball is a universal sport with power to be the guiding light as it reveals the limitless potential hidden inside. Its a team sport that unites people regardless of race, cultural differences and economic backgrounds. It is also a sport of competition and endurance.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| OJJDP OPOID GRANT | $21,384 | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| DERRICK PARKER | Program Director | FT | $34,874 | - | $34,874 |
Filing and Contact Details
Filer
- Filer Name
- The Heartwork Foundation
- EIN
- 81-3896117
- In Care Of
- % NATHANIEL HAMILTON
- Phone
- 3184699712
- Address
- 212 PIPER, SHREVEPORT, LA 71106
Signing Officer
- Name
- Nathaniel Hamilton
- Title
- Executive Director
- Phone
- 3184699712
- Signed
- 2022-05-16
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Chronicles of Numbers LLC
- Address
- PO BOX 36845, SHREVEPORT, LA 71133
- Preparer
- Rachel a Mcgeejohnson
- Phone
- 3184246532
Supplemental Narrative
Additional Explanations
Part I, Line 16
“1) other expenses uiform supplies amount 826 2) other expenses program supplies amount 5195 3) other expenses travel and meetings amount 12468 4) other expenses automobile expenses amount 5577 5) other expenses dues and subscriptions amount 878 6) other expenses bank service charges amount 13 7) other expenses business licenses amount 15 8) other expenses insurance amount 2413 9) other expenses other supplies amount 54”
Part II, Line 26
“1) description sba eidl boy amount 0 eoy amount 44200 2) description credit card boy amount 0 eoy amount 2565.74”
Raw XML Appendix120 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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/AmendedReturnInd | 0 | X |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | CHRONICLES OF NUMBERSCOMMA LLC |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 3184246532 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1017 JORDAN ST |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | SHREVEPORT |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | LA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 71133 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 31912 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 7855 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -2513 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 36176 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form1120PolFiledInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 31912 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 7855 |
| IRS990EZ/GrossReceiptsAmt | 0 | 81394 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InitialReturnInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 31912 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 58087 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 31912 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -38911 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 20263 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 40 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 34874 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | DERRICK PARKER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PROGRAM DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 28688 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 27439 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | OUR MISSION IS TO USE BASKETBALL TECHNIQUES AS A TOOL TO DEVELOPE YOUTH AND PUSH THEM TO A HIGHER LEVEL OF FUNCTIONING BOTH ON AND OFF THE COURT. BASKETBALL IS A UNIVERSAL SPORT WITH POWER TO BE THE GUIDING LIGHT AS IT REVEALS THE LIMITLESS POTENTIAL HIDDEN INSIDE. ITS A TEAM SPORT THAT UNITES PEOPLE REGARDLESS OF RACE, CULTURAL DIFFERENCES AND ECONOMIC BACKGROUNDS. IT IS ALSO A SPORT OF COMPETITION AND ENDURANCE. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 29 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 81394 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | OJJDP OPOID GRANT |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 21384 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 46766 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 83907 |
| IRS990EZ/TotalRevenueAmt | 0 | 81394 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | www.heartworkinstitute.org |
| IRS990ScheduleA/DistributableAmountGrp/CYAdjNetIncomeDistributableAmt | 0 | 0 |
| IRS990ScheduleA/DistributableAmountGrp/CYDistributableAsAdjustedAmt | 0 | 0 |
| IRS990ScheduleA/DistributableAmountGrp/CYGreaterAdjustedMinimumAmt | 0 | 0 |
| IRS990ScheduleA/DistributableAmountGrp/CYIncomeTaxImposedPYAmt | 0 | 0 |
| IRS990ScheduleA/DistributableAmountGrp/CYPct85AdjustedNetIncomeAmt | 0 | 0 |
| IRS990ScheduleA/DistributableAmountGrp/CYTotalMinAstDistributableAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 81394 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 102003 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 72443 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 255840 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 255840 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 81394 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 102003 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 72443 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 255840 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 255840 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | 1) OTHER EXPENSES UIFORM SUPPLIES AMOUNT 826 2) OTHER EXPENSES PROGRAM SUPPLIES AMOUNT 5195 3) OTHER EXPENSES TRAVEL AND MEETINGS AMOUNT 12468 4) OTHER EXPENSES AUTOMOBILE EXPENSES AMOUNT 5577 5) OTHER EXPENSES DUES AND SUBSCRIPTIONS AMOUNT 878 6) OTHER EXPENSES BANK SERVICE CHARGES AMOUNT 13 7) OTHER EXPENSES BUSINESS LICENSES AMOUNT 15 8) OTHER EXPENSES INSURANCE AMOUNT 2413 9) OTHER EXPENSES OTHER SUPPLIES AMOUNT 54 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | 1) DESCRIPTION SBA EIDL BOY AMOUNT 0 EOY AMOUNT 44200 2) DESCRIPTION CREDIT CARD BOY AMOUNT 0 EOY AMOUNT 2565.74 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | PART II, LINE 26 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | NATHANIEL HAMILTON |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | EXECUTIVE DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 3184699712 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2022-05-16 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | THE HEARTWORK FOUNDATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | HEAR |
| ReturnHeader/Filer/EIN | 0 | 813896117 |
| ReturnHeader/Filer/InCareOfNm | 0 | % NATHANIEL HAMILTON |
| ReturnHeader/Filer/PhoneNum | 0 | 3184699712 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 212 PIPER |
| ReturnHeader/Filer/USAddress/CityNm | 0 | SHREVEPORT |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | LA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 71106 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 0 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 113796067 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | CHRONICLES OF NUMBERS LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | PO BOX 36845 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | SHREVEPORT |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | LA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 71133 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 3184246532 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | RACHEL A MCGEEJOHNSON |
| ReturnHeader/ReturnTs | 0 | 2023-06-13T08:45:45-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | NATHANIEL |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | HAMILTON |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2022-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2022-12-31 |
| ReturnHeader/TaxYr | 0 | 2022 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $7,855
- Liabilities
- $46,766
- Net assets
- $58,087
- Revenue
- $81,394
- Expenses
- $83,907
- Net income
- -$2,513