HEART SHOT MINISTRY INC

EIN: 813834684 501(c)(3) Recreation & Sports

Donahue, IA

Total Revenue
$114,229
Total Expenses
$196,438
Total Assets
$477,995
Net Assets
$143,766
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
IA
Principal Officer
Troy Bendickson
Phone
6784921989
Tax Period
2023-01-01 to 2023-12-31

HEART SHOT MINISTRY INC, founded in 2016, is a small nonprofit in the Recreation & Sports sector that reported $114K in total revenue in fiscal year 2023. Revenue surged 51% from the prior year, signaling strong growth momentum. Expenses of $196K exceeded revenue, resulting in a 72% operating deficit.

Mission

We share Jesus Christ through the fundamentals of archery and serve widows in our communities. We teach about Jesus through archery inside our ranges, and ask our patrons to join us in being like Jesus outside of our ranges through service.

Program Service Accomplishments

Program 1
Expenses: $15,387 Revenue: $15,819

Heart Shot travels extensively with our mobile range/program, especially during the summer months, to Christian College Campuses, Christian Camps, churches, etc. During the year we travel to several...

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Heart Shot travels extensively with our mobile range/program, especially during the summer months, to Christian College Campuses, Christian Camps, churches, etc. During the year we travel to several day/evening events. Our travel expenses include fuel, meals, lodging, and typical travel expenses.

Program 2
Expenses: $17,064 Revenue: $470

Heart Shot Base Camp is a 31 Acre property, which includes a camp lodge turned into residence, where the Bendickson Family resides to maintain the property, which hosts groups, events, and an outdoor...

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Heart Shot Base Camp is a 31 Acre property, which includes a camp lodge turned into residence, where the Bendickson Family resides to maintain the property, which hosts groups, events, and an outdoor archery range during the summer months.

Program 3
Expenses: $13,964 Revenue: $27,927

Heart Shot's CEO's compensation is raised by the CEO and paid out as 1099 Independent Contractor. The CEO manages all facets of the day to day operations, and this amount equals the percentage of...

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Heart Shot's CEO's compensation is raised by the CEO and paid out as 1099 Independent Contractor. The CEO manages all facets of the day to day operations, and this amount equals the percentage of time dedicated to programing.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $94,304
Program Service Revenue $13,160
Investment Income $8
Other Revenue $6,757
TOTAL REVENUE $114,229

Expense Breakdown

Grants Paid $0
Salaries & Benefits $27,927
Fundraising Expenses $8,181
Program Expenses $66,272
Other Expenses $168,511
TOTAL EXPENSES $196,438

Year-over-Year Comparison

2023 2022 Change
Revenue $114,229 $75,629 +0.5%
Expenses $196,438 $63,352 +2.1%
Net Income $-82,209 $12,277 -7.7%
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
15
Independent Members
2
Employees
N/A
Volunteers
15

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
0
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Troy Bendickson CEO 40
Highest
$27,927 $0 $27,927
Marty Bendickson Board Member 2
Director
$0 $0 $0
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 No data No data No data No data
2023 $114,229 $196,438 $477,995 $-82,209
2022 $75,629 $63,352 $570,929 $12,277
2021 $75,918 $76,008 $567,863 $-90
2020 $267,394 $71,866 $577,235 $195,528
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