Civic Intelligence

The Greathearts Foundation Inc

990 • Fiscal year 2018 • EIN 82-3809856

Jul 01, 2017 to Jun 30, 2018

Phoenix, AZ
Siviq Scores

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

Liabilities / Assets

61st percentile

0.01x

Higher debt load relative to assets than 61% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

61st percentile

0.01x

Higher debt load relative to revenue than 61% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

99th percentile

100%

Higher net margin than 99% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2018

Asset Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2017 to 2018

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2018

Assets

Up

$200,766

Up $200,766 from 2017

Net Assets

Up

$199,716

Up $199,716 from 2017

Liabilities

$1,050

No earlier filing loaded for comparison.

Revenue

$200,000

No earlier filing loaded for comparison.

Expenses

$284

No earlier filing loaded for comparison.

Net Income

$199,716

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2017: $0Net Assets 2017: $02017Assets 2018: $200,766Liabilities 2018: $1,050Net Assets 2018: $199,7162018Assets 2019: $1,305,403Liabilities 2019: $463,327Net Assets 2019: $842,0762019Assets 2022: $4,925,877Liabilities 2022: $29,758Net Assets 2022: $4,896,1192022Assets 2023: $2,073,889Liabilities 2023: $272,217Net Assets 2023: $1,801,6722023Assets 2024: $3,163,899Liabilities 2024: $1,043,843Net Assets 2024: $2,120,0562024

Highlighted filing

2018

Assets$200,766
Liabilities$1,050
Net Assets$199,716

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2018: $200,000Expenses 2018: $284Net Income 2018: $199,7162018Revenue 2019: $2,849,396Expenses 2019: $2,129,986Net Income 2019: $719,4102019Revenue 2022: $9,688,596Expenses 2022: $5,991,098Net Income 2022: $3,697,4982022Revenue 2023: $5,331,829Expenses 2023: $8,426,276Net Income 2023: -$3,094,4472023Revenue 2024: $9,522,206Expenses 2024: $9,203,822Net Income 2024: $318,3842024

Highlighted filing

2018

Revenue$200,000
Expenses$284
Net Income$199,716
Filing Detail Status

This 2018 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.

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Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Mission and Program Overview

Mission

The great hearts foundation is a new nonprofit organization that seeks to increase national philanthropy for our mission and access resources to enhance the work and well being of our students, families, and teachers. As part of that mission, the foundation houses the great hearts institute for classical education which champions the classical, liberal arts education movement as a whole. Founded in 2017, the great hearts foundation believes that to restore american public education we must make the fostering of personal character and moral imagination once again central to our educational task.

Document Assets

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Filings