Civic Intelligence

Heartwood Foundation Inc.

EIN 83-0677735 • 501(c)3 • Gainesville, FL

Pub. 78 Eligible990-N Coverage

Profile

Promote live music in Gainesville FL

4642 NW 12 PlGainesville, FL 32605

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

98th percentile

8.70x

Higher debt load relative to assets than 98% of similar nonprofits.

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

Liabilities / Revenue

100th percentile

301.49x

Higher debt load relative to revenue than 100% of similar nonprofits.

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

Net Margin

2nd percentile

-3673%

Higher net margin than 2% of similar nonprofits.

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

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

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

Asset Growth

14th percentile

-80%

Faster asset growth than 14% of similar nonprofits.

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

Revenue Growth

4th percentile

-100%

Faster revenue growth than 4% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets98th percentile

Assets

Down

$6,583

Down $26,212 (-80%) from 2019

Liabilities

Down

$57,283

Down $12,410 (-18%) from 2019

Net Assets

-$50,700

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue100th percentileNet Margin2nd percentile

Revenue

Down

$190

Down $106,013 (-100%) from 2019

Expenses

Down

$7,169

Down $140,189 (-95%) from 2019

Net Income

Up

-$6,979

Up $34,176 (+83%) from 2019

Trend Graphs

Balance Sheet Trend

Asset Growth14th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$100K$50K$0-$50K-$100KAssets 2019: $32,795Liabilities 2019: $69,6932019Assets 2020: $6,583Liabilities 2020: $57,283Net Assets 2020: -$50,7002020

Highlighted filing

2020

Assets$6,583
Liabilities$57,283
Net Assets-$50,700
Open 2020 Filing

Operations Trend

Revenue Growth4th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2019: $106,203Expenses 2019: $147,358Net Income 2019: -$41,1552019Revenue 2020: $190Expenses 2020: $7,169Net Income 2020: -$6,9792020

Highlighted filing

2020

Revenue$190
Expenses$7,169
Net Income-$6,979
Open 2020 Filing

Filings

Most recent year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,583
Liabilities
$57,283
Net assets
-$50,700
Revenue
$190
Expenses
$7,169
Net income
-$6,979
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$0.07$0.57$0.51$0.00$0.07$0.07
2019Summary only. Only limited summary data is available for this year.$0.33$0.70$1.06$1.47$0.41
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 1, 2021
Return Version
2020v4.1
Gross Receipts
$190
Mission and Program Overview

Mission

Promote live music in Gainesville FL

Program Services

DescriptionGrantsExpenses
Promotion of live music events and festivals including Tom Petty Weekend Festival.-$3,828
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Bruce BrashearPresidentsecretary-$0--
Barbara SpiessBoard Member-$0--
Constance BrashearTreasurer-$0--
Daniel SpiessExecutive VP-$0--
Filing and Contact Details

Filer

Filer Name
Heartwood Foundation Inc
EIN
83-0677735
Address
4642 NW 12 PL, Gainesville, FL 32605

Signing Officer

Name
Daniel Spiess
Title
Executive VP
Phone
3522585989
Signed
2021-11-01
Discuss with paid preparer
No

Preparer

Firm
Kattell and Company PL
Address
808-B NW 16th Ave, Gainesville, FL 32601
Preparer
Stephen H Kattell
Phone
3523956565
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description AmountAdvertising 1,760Bank and Credit Card Fees 165Interest 2,326”

Other changes in net assets or fund balances Part I line 20

“Description AmountPrior Period Adjustment (6,823)”

Description of other assets Part II line 24

“Category Beginning of Year End of YearGrants Receivable 25,700 0Accounts Receivable 6,857 0”

Description of total liabilities Part II line 26

“Category Beginning of Year End of YearLoan From Officers 69,693 57,283”

Raw XML Appendix175 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Daniel Spiess
IRS990EZ/BooksInCareOfDetail/PhoneNum03522585989
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt04642 NW 12 PL
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Gainesville
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd032605
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0238
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt06583
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0190
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-6979
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01350
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt032795
IRS990EZ/Form990TotalAssetsGrp/EOYAmt06583
IRS990EZ/GrossReceiptsAmt0190
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LoansToFromOfficersAmt057283
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0true
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-36898
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-50700
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-36898
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-50700
IRS990EZ/OccupancyRentUtltsAndMaintAmt0504
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt32.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Bruce Brashear
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Barbara Spiess
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Constance Brashear
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Daniel Spiess
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PresidentSecretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Executive VP
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt032557
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt0-6823
IRS990EZ/OtherExpensesTotalAmt04251
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Promote live music in Gainesville FL
IRS990EZ/PrintingPublicationsPostageAmt01064
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Promotion of live music events and festivals including Tom Petty Weekend Festival.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt03828
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0FL
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt069693
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt057283
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt07169
IRS990EZ/TotalProgramServiceExpensesAmt03828
IRS990EZ/TotalRevenueAmt0190
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt014517
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt014517
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0190
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt043217
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt05000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt048407
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt046665
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt046665
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt035315
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt035315
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt0115870
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt014517
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt014517
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0190
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0125197
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt05000
IRS990ScheduleA/Total509Grp/TotalAmt0130387
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0190
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0125197
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt05000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0130387
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt046509
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt110774
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd1false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd1false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0Working Capital
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1Working Capital
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt042640
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt110000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0Dan and Barbara Spies
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1Glenn Shitama
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0Board Members
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1Substantial Contribu
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd1false
IRS990ScheduleL/TotalBalanceDueAmt057283
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountAdvertising 1,760Bank and Credit Card Fees 165Interest 2,326
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description AmountPrior Period Adjustment (6,823)
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Category Beginning of Year End of YearGrants Receivable 25,700 0Accounts Receivable 6,857 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Category Beginning of Year End of YearLoan From Officers 69,693 57,283
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other changes in net assets or fund balances Part I line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Description of total liabilities Part II line 26
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Daniel Spiess
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive VP
ReturnHeader/BusinessOfficerGrp/PhoneNum03522585989
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Heartwood Foundation Inc
ReturnHeader/Filer/BusinessNameControlTxt0HEAR
ReturnHeader/Filer/EIN0830677735
ReturnHeader/Filer/USAddress/AddressLine1Txt04642 NW 12 PL
ReturnHeader/Filer/USAddress/CityNm0Gainesville
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd032605
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0010822046
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Kattell and Company PL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0808-B NW 16th Ave
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Gainesville
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd032601
ReturnHeader/PreparerPersonGrp/PhoneNum03523956565
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Stephen H Kattell
ReturnHeader/ReturnTs02021-11-01T14:18:58-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Daniel
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Spiess
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.