Heart Gallery of Tampa Inc

EIN: 814802754 501(c)(3) Human Services

Tampa, FL

Total Revenue
$633,791
Total Expenses
$858,748
Total Assets
$1,405,725
Net Assets
$1,289,939
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
FL
Principal Officer
David Murray
Phone
8139305345
Tax Period
2025-01-01 to 2025-12-31

Heart Gallery of Tampa Inc, founded in 2017, is a small nonprofit in the Human Services sector that reported $634K in total revenue in fiscal year 2025. Revenue fell 43% from the prior year — a significant decline worth monitoring. Expenses of $859K exceeded revenue, resulting in a 35% operating deficit.

Mission

Through photographic exhibits, the Heart Gallery of Tampa introduces our community to foster children awaiting adoptive families. We provide a platform to inspire our community to improve their quality of life and connect them with Forever Families.

Program Service Accomplishments

Program 1
Expenses: $744,366 Revenue: $129,428

The Heart Gallery of Tampa provides comprehensive adoption recruitment and family support services to help children in foster care achieve permanency through adoption. The organization increases...

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The Heart Gallery of Tampa provides comprehensive adoption recruitment and family support services to help children in foster care achieve permanency through adoption. The organization increases awareness and visibility for waiting children through professional photography, video storytelling, and targeted recruitment efforts, including individualized child profiles, the Mic'd Up video series, and community-based exhibits and outreach. These efforts connect prospective adoptive families with children in need of permanent homes.In addition to recruitment, the organization provides direct support to families throughout the adoption process to remove barriers and promote successful placements. This includes funding home studies conducted by licensed child-placing agencies, providing financial assistance for adoption-related needs, and offering ongoing wraparound support to children and families. Support may include assistance with essential items, enrichment opportunities, and services that promote stability, well-being, and long-term permanency.Through these integrated services, the Heart Gallery of Tampa helps children find adoptive families, supports families through the adoption process, and works to ensure stable, permanent homes for children in foster care.

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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 (2025)

Revenue Breakdown

Contributions & Grants $458,542
Program Service Revenue $129,428
Investment Income $45,821
Other Revenue $0
TOTAL REVENUE $633,791

Expense Breakdown

Grants Paid $0
Salaries & Benefits $512,839
Fundraising Expenses $56,417
Program Expenses $744,366
Other Expenses $345,909
TOTAL EXPENSES $858,748

Year-over-Year Comparison

2025 2024 Change
Revenue $633,791 $1,115,022 -0.4%
Expenses $858,748 $706,209 +0.2%
Net Income $-224,957 $408,813 -1.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
10
Employees
8
Volunteers
25

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
5
$95,446
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Amy Pezzicara Board Member 3.00
Director
$0 $0 $0
Dave Traynor Board Member 3.00
Director
$0 $0 $0
David Murray Board Chair 5.00
Officer Director
$0 $0 $0
Jennifer Renspie Secretary 3.00
Officer Director
$0 $0 $0
Keyur Patel Treasurer 4.00
Officer Director
$0 $0 $0
Mahmoud Hassan Board Member 3.00
Director
$0 $0 $0
Naazneen Pal Board Member 3.00
Director
$0 $0 $0
Natasha Nascimento Vice Chair 3.00
Officer Director
$0 $0 $0
Nicole Hubbard Board Member 3.00
Director
$0 $0 $0
Trey Carswell Board Member 3.00
Director
$0 $0 $0
Lindsay Hermida Executive Director 40.00
Officer
$95,446 $0 $95,446
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
2025 $633,791 $858,748 $1,405,725 $-224,957
2024 No data No data No data No data
2024 $1,115,022 $706,209 $1,518,253 $408,813
2023 $537,075 $589,264 $1,267,002 $-52,189
2022 $959,690 $505,635 $1,158,272 $454,055
2021 $490,504 $398,265 $853,094 $92,239
2020 $518,210 $343,232 $657,571 $174,978
2019 $286,495 $377,001 $481,378 $-90,506
2018 $469,245 $303,046 $517,686 $166,199
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