Liabilities / Assets
96th percentile
Higher debt load relative to assets than 96% of similar nonprofits.
The Heartwork Foundation
990EZ • Fiscal year 2024 • EIN 81-3896117
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
1.60x
Liabilities / Revenue
91st percentile
Higher debt load relative to revenue than 91% of similar nonprofits.
Net Margin
57th percentile
Higher net margin than 57% of similar nonprofits.
Top Officer Pay
87th percentile
Higher top officer pay than 87% of similar nonprofits.
Top officer pay equals 23.1% of source-year revenue.
Asset Growth
90th percentile
Faster asset growth than 90% of similar nonprofits.
Revenue Growth
66th percentile
Faster revenue growth than 66% of similar nonprofits.
Balance Sheet
Assets
Up$27,688
Up $12,493 (+82%) from 2023
Net Assets
Up-$16,512
Up $10,189 (+38%) from 2023
Liabilities
Flat$44,200
Flat from 2023
Revenue And Expenses
Revenue
Up$113,540
Up $16,617 (+17%) from 2023
Expenses
Up$105,580
Up $20,868 (+25%) from 2023
Net Income
Down$7,960
Down $4,251 (-35%) from 2023
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- Feb 5, 2025
- Return Version
- 2024v5.2
- Gross Receipts
- $113,540
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 | $5,000 | $5,000 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| NATHANIEL HAMILTON | President | FT | $26,210 | - | $26,210 |
| DERRICK PARKER | Vice President | FT | $25,719 | - | $25,719 |
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
- 2025-02-05
Preparer
- Firm
- Chronicles of Numbers LLC
- Address
- 1017 Jordan St, SHREVEPORT, LA 71104
- Preparer
- Rachel a Johnson CPA Ea
- Phone
- 3184246532
Supplemental Narrative
Additional Explanations
Part I, Line 16
“1) other expenses dues and subscriptions amount 795 2) other expenses bank service charges amount 423 3) other expenses business license amount 15 4) other expenses program supplies amount 23557 5) other expenses confence fees amount 6850 6) other expenses fuel amount 1589 7) other expenses team travel meals amount 1087 8) other expenses travel amount 452 9) other expenses interest expense amount 196 10) other expenses other expense amount 0”
990 EZ Page I,line 20
“To remove previous ppp loan”
Part II, Line 24
“1) description accounts receivable boy amount 15000 eoy amount 18230”
Part II, Line 26
“1) description sba eidl loan boy amount 44200 eoy amount 44200”
Raw XML Appendix136 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 NUMBERS LLC |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 3184246532 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | PO BOX 36845 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | SHREVEPORT |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | LA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 71133 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 195 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 9458 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 24633 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 7960 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form1120PolFiledInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 15195 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 27688 |
| IRS990EZ/GrossReceiptsAmt | 0 | 113540 |
| 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 | -29005 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -24469 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | -29005 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -16512 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 13661 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 40 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 40 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 26210 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 25719 |
| 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/BOYAmt | 0 | 15000 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 18230 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | -3424 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 34964 |
| 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 | 88907 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | COMMUNITY FOUNDATION GRANT FOR MENTORING SERVICES |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 5000 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 5000 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/RelatedOrgSect527OrgInd | 0 | 0 |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 56955 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | LA |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 44200 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 44200 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 105580 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 5000 |
| IRS990EZ/TotalRevenueAmt | 0 | 113540 |
| IRS990EZ/TransactionWithControlEntInd | 0 | 0 |
| 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 | 113540 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 81923 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 81394 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 102003 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 72443 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 451303 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 451303 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 113540 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 81923 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 81394 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 102003 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 72443 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 451303 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 451303 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | 1) OTHER EXPENSES DUES AND SUBSCRIPTIONS AMOUNT 795 2) OTHER EXPENSES BANK SERVICE CHARGES AMOUNT 423 3) OTHER EXPENSES BUSINESS LICENSE AMOUNT 15 4) OTHER EXPENSES PROGRAM SUPPLIES AMOUNT 23557 5) OTHER EXPENSES CONFENCE FEES AMOUNT 6850 6) OTHER EXPENSES FUEL AMOUNT 1589 7) OTHER EXPENSES TEAM TRAVEL MEALS AMOUNT 1087 8) OTHER EXPENSES TRAVEL AMOUNT 452 9) OTHER EXPENSES INTEREST EXPENSE AMOUNT 196 10) OTHER EXPENSES OTHER EXPENSE AMOUNT 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | TO REMOVE PREVIOUS PPP LOAN |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | 1) DESCRIPTION ACCOUNTS RECEIVABLE BOY AMOUNT 15000 EOY AMOUNT 18230 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | 1) DESCRIPTION SBA EIDL LOAN BOY AMOUNT 44200 EOY AMOUNT 44200 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | 990 EZ PAGE I,LINE 20 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | PART II, LINE 26 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | NATHANIEL |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | EXECUTIVE DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 3184699712 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-02-05 |
| 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 JOHNSON CPA EA |
| ReturnHeader/ReturnTs | 0 | 2025-11-14T16:40:47-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $27,688
- Liabilities
- $44,200
- Net assets
- -$16,512
- Revenue
- $113,540
- Expenses
- $105,580
- Net income
- $7,960