Liabilities / Assets
98th percentile
Higher debt load relative to assets than 98% of similar nonprofits.
The Heartwork Foundation
990EZ • Fiscal year 2023 • EIN 81-3896117
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
2.91x
Liabilities / Revenue
92nd percentile
Higher debt load relative to revenue than 92% of similar nonprofits.
Net Margin
65th percentile
Higher net margin than 65% of similar nonprofits.
Top Officer Pay
85th percentile
Higher top officer pay than 85% of similar nonprofits.
Top officer pay equals 20.8% of source-year revenue.
Asset Growth
91st percentile
Faster asset growth than 91% of similar nonprofits.
Revenue Growth
65th percentile
Faster revenue growth than 65% of similar nonprofits.
Balance Sheet
Assets
Up$15,195
Up $7,340 (+93%) from 2022
Net Assets
Down-$26,701
Down $84,788 (-146%) from 2022
Liabilities
Down$44,200
Down $2,566 (-5.5%) from 2022
Revenue And Expenses
Revenue
Up$96,923
Up $15,529 (+19%) from 2022
Expenses
Up$84,712
Up $805 (+1.0%) from 2022
Net Income
Up$12,211
Up $14,724 (+586%) from 2022
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2023 to Dec 31, 2023
- Signed
- May 1, 2024
- Return Version
- 2023v5.0
- Gross Receipts
- $96,923
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 |
|---|---|---|
| COMMUNITY FOUNDATION GRANT FOR MENTORING SERVICES | $7,500 | $7,500 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| NATHANIEL HAMILTON | President | FT | $20,202 | - | $20,202 |
| DERRICK PARKER | Vice-President | FT | $20,202 | - | $20,202 |
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
- Title
- Executive Director
- Phone
- 3184699712
- Signed
- 2024-05-01
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Chronicles of Numbers LLC
- Address
- 1017 Jordan St, SHREVEPORT, LA 71104
- Preparer
- Rachel a Mcgeejohnson
- Phone
- 3184246532
Supplemental Narrative
Additional Explanations
Part I, Line 16
“1) other expenses dues and memberships amount 859 2) other expenses bank service charges amount 262 3) other expenses insurance amount 1640 4) other expenses program supplies amount 1083 5) other expenses uniform supplies amount 6689 6) other expenses daycamps amount 6758 7) other expenses fuel amount 1349 8) other expenses travel amount 1532 9) other expenses interest amount 2603 10) other expenses meals amount 594”
Part II, Line 24
“1) description accounts receivable boy amount 0 eoy amount 15000”
Part II, Line 26
“1) description sba eidl boy amount 44200 eoy amount 44200 2) description credit card boy amount 2565.74 eoy amount 0”
Raw XML Appendix131 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/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 | 7854 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 195 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 7500 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 12211 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 468 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form1120PolFiledInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 7854 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 15195 |
| IRS990EZ/GrossReceiptsAmt | 0 | 96923 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | -38912 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -26701 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | -38912 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -29005 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 16489 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 40 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 40 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 20202 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 20202 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | NATHANIEL HAMILTON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | DERRICK PARKER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE-PRESIDENT |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 15000 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 23369 |
| 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/ProgramServiceRevenueAmt | 0 | 89423 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | COMMUNITY FOUNDATION GRANT FOR MENTORING SERVICES |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 7500 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 7500 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 44386 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 46766 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 44200 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 84712 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 7500 |
| IRS990EZ/TotalRevenueAmt | 0 | 96923 |
| 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 | 81923 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 81394 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 102003 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 72443 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 337763 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 337763 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 81923 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 81394 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 102003 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 72443 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 337763 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 337763 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | 1) OTHER EXPENSES DUES AND MEMBERSHIPS AMOUNT 859 2) OTHER EXPENSES BANK SERVICE CHARGES AMOUNT 262 3) OTHER EXPENSES INSURANCE AMOUNT 1640 4) OTHER EXPENSES PROGRAM SUPPLIES AMOUNT 1083 5) OTHER EXPENSES UNIFORM SUPPLIES AMOUNT 6689 6) OTHER EXPENSES DAYCAMPS AMOUNT 6758 7) OTHER EXPENSES FUEL AMOUNT 1349 8) OTHER EXPENSES TRAVEL AMOUNT 1532 9) OTHER EXPENSES INTEREST AMOUNT 2603 10) OTHER EXPENSES MEALS AMOUNT 594 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | 1) DESCRIPTION ACCOUNTS RECEIVABLE BOY AMOUNT 0 EOY AMOUNT 15000 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | 1) DESCRIPTION SBA EIDL BOY AMOUNT 44200 EOY AMOUNT 44200 2) DESCRIPTION CREDIT CARD BOY AMOUNT 2565.74 EOY AMOUNT 0 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | PART II, LINE 26 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | NATHANIEL |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | EXECUTIVE DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 3184699712 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2024-05-01 |
| 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 | 1 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 113796067 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | CHRONICLES OF NUMBERS LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1017 Jordan St |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | SHREVEPORT |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | LA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 71104 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 3184246532 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | RACHEL A MCGEEJOHNSON |
| ReturnHeader/ReturnTs | 0 | 2024-05-31T20:00:45-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | NATHANIEL |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2023-12-31 |
| ReturnHeader/TaxYr | 0 | 2023 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $15,195
- Liabilities
- $44,200
- Net assets
- -$26,701
- Revenue
- $96,923
- Expenses
- $84,712
- Net income
- $12,211