HEART OF AMERICA FOUNDATION

EIN: 522034127 501(c)(3) Community Improvement

WASHINGTON, DC

Total Revenue
$17,062,886
Total Expenses
$16,553,614
Total Assets
$21,540,338
Net Assets
$6,274,643
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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
DC
Principal Officer
JILL HEATH
Phone
2023476278
Tax Period
2024-01-01 to 2024-12-31

HEART OF AMERICA FOUNDATION, founded in 1997, is a mid-sized nonprofit in the Community Improvement sector that reported $17.1M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

THE HEART OF AMERICA FOUNDATION CREATES VIBRANT LEARNING ENVIRONMENTS FOR CHILDREN, ENGAGING VOLUNTEERS IN ACTS OF SERVICE AND ENCOURAGING THE PURSUIT OF EDUCATION BY PROVIDING CHILDREN IN NEED WITH THE TOOLS TO READ, SUCCEED AND MAKE A DIFFERENCE. SINCE 1997, THE ORGANIZATION HAS PROVIDED CHILDREN LIVING IN UNDERSERVED COMMUNITIES WITH OVER $4.2 MILLION LIBRARY AND TAKE-HOME BOOKS AND ENGAGED VOLUNTEERS IN MORE THAN 1.2 MILLION HOURS OF SERVICE TO THESE COMMUNITIES.

Program Service Accomplishments

Program 1
Expenses: $13,504,052 Revenue: $98,915

THE TRANSFORMATION PROGRAM RENEWS COMMUNITY SUPPORT IN ENRICHING STUDENT LIVES, HELPING THEM REGAIN LOST OPPORTUNITIES FOR LEARNING BECAUSE OF DILAPIDATED AND OUTDATED FACILITIES. THE TRANSFORMATION...

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THE TRANSFORMATION PROGRAM RENEWS COMMUNITY SUPPORT IN ENRICHING STUDENT LIVES, HELPING THEM REGAIN LOST OPPORTUNITIES FOR LEARNING BECAUSE OF DILAPIDATED AND OUTDATED FACILITIES. THE TRANSFORMATION PROGRAM TRANSFORMS SCHOOL LIBRARIES AND OTHER EDUCATIONAL COMMUNITY SPACES INTO ENGAGING LEARNING SPACES, SATURATING SCHOOL ENVIRONMENTS WITH NEW BOOKS. REMODELED SPACES ARE REVITALIZED WITH IMPROVED TECHNOLOGY, HIGH-QUALITY BOOKS, EDUCATION MATERIALS AND MODERN FURNITURE TO BECOME A VIBRANT LEARNING CENTER - THE NEW HEART OF A COMMUNITY.

Program 2
Expenses: $1,171,927

RESOURCE DISTRIBUTION PROGRAM PUTS BOOKS, SCHOOL SUPPLIES AND VITAL TECHNOLOGY INTO THE HANDS OF CHILDREN WHO NEED THEM THE MOST. ELEMENTARY, MIDDLE AND HIGH SCHOOLS AND STUDENTS RECEIVE NEW...

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RESOURCE DISTRIBUTION PROGRAM PUTS BOOKS, SCHOOL SUPPLIES AND VITAL TECHNOLOGY INTO THE HANDS OF CHILDREN WHO NEED THEM THE MOST. ELEMENTARY, MIDDLE AND HIGH SCHOOLS AND STUDENTS RECEIVE NEW, AGE-APPROPRIATE BOOKS TO REPLENISH SCHOOL, CLASSROOM AND HOME LIBRARIES. AT BOOK GIVEAWAY EVENTS, STAFF AND VOLUNTEERS READ TO CHILDREN AND ENGAGE IN INTER-GENERATIONAL ENRICHMENT AND EDUCATIONAL ACTIVITIES. THIS PROGRAM INTRODUCES YOUNG PEOPLE TO COMMUNITY SERVICE AND PROVIDES MEANINGFUL HANDS-ON EXPERIENCES. IN TIMES OF DISASTER AND PANDEMICS, THE PROGRAM WORKS DIRECTLY WITH IMPACTED SCHOOL DISTRICTS AND SCHOOLS TO GET GREATLY-NEEDED SUPPLIES AND BOOKS INTO THE HANDS AND HOMES OF FAMILIES/CHILDREN AS QUICKLY AS POSSIBLE.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $16,289,536
Program Service Revenue $98,915
Investment Income $656,626
Other Revenue $17,809
TOTAL REVENUE $17,062,886

Expense Breakdown

Grants Paid $310,349
Salaries & Benefits $4,616,818
Fundraising Expenses $680,914
Program Expenses $14,675,979
Other Expenses $11,626,447
TOTAL EXPENSES $16,553,614

Year-over-Year Comparison

2024 2023 Change
Revenue $17,062,886 $15,517,475 +0.1%
Expenses $16,553,614 $14,151,541 +0.2%
Net Income $509,272 $1,365,934 -0.6%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Governance

Voting Members
12
Independent Members
11
Employees
58
Volunteers
2482

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✓ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$270,323
Total Directors
12
$270,323
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JILL HEATH PRESIDENT 60.00
Officer Director
$260,000 $10,323 $270,323
KAREN DUNCAN CHAIRPERSON 2.00
Officer Director
$0 $0 $0
ERIC SCHEWEIKERT TREASURER 1.00
Officer Director
$0 $0 $0
KELLY BOZARTH BOARD MEMBER 0.50
Director
$0 $0 $0
HOWARD BYCK BOARD MEMBER 0.50
Director
$0 $0 $0
MARY CHRIST-ERWIN BOARD MEMBER 0.50
Director
$0 $0 $0
MARCIA BULLARD BOARD MEMBER 0.50
Director
$0 $0 $0
STEVE KAUFMAN BOARD MEMBER 0.50
Director
$0 $0 $0
TERRY MCDONOUGH BOARD MEMBER 0.50
Director
$0 $0 $0
SCOTT NELSON BOARD MEMBER 0.50
Director
$0 $0 $0
LATANYA MCDADE BOARD MEMBER 0.50
Director
$0 $0 $0
YOLI STANCIL BOARD MEMBER 0.50
Director
$0 $0 $0
BELINDA HARRIS VICE PRESIDENT, DEVELOPMENT 50.00
Highest
$170,000 $27,572 $197,572
TOM HELWIG SENIOR VICE PRESIDENT, OPERATIONS 50.00
Highest
$190,000 $7,061 $197,061
KATHRYN SORESTAD VICE PRESIDENT, GOVERNMENT AFFAIRS 50.00
Highest
$162,500 $16,908 $179,408
HETAL PATEL VICE PRESIDENT, FINANCE 50.00
Highest
$166,500 $6,599 $173,099
PAM BRYDEN VICE PRESIDENT, HR AND ADMIN 50.00
Highest
$164,500 $6,480 $170,980
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $17,062,886 $16,553,614 $21,540,338 $509,272
2023 $15,517,475 $14,151,541 $19,858,884 $1,365,934
2022 $15,349,861 $14,502,679 $19,101,550 $847,182
2021 $13,311,439 $11,771,440 $21,952,714 $1,539,999
2020 $9,148,332 $8,316,897 $16,063,091 $831,435
2019 $3,824,763 $6,105,781 $13,729,603 $-2,281,018
2018 $5,270,890 $4,009,597 $3,789,662 $1,261,293
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