Nonprofit · EIN 20-4637974
HEARTS FOR HOMES
Tax-exempt (reinstated) · DENTON, TX 76209
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $839,396 | $736,961 | $102,435 | $683,590 | $46,748 | $636,842 |
| December 31, 2023 | 990 | $689,084 | $576,683 | $112,401 | $615,001 | $80,594 | $534,407 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $828,029
- Program service revenue
- $0
- Investment income
- $11,367
- Net gain from sales of assets
- $3,600
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $56,975
- Other salaries and wages
- $112,555
- Salaries, compensation and benefits (total)
- $182,652
- Professional fundraising fees
- $0
- Accounting fees
- $6,800
- Occupancy
- $53,718
- Depreciation
- $10,781
- Program services (functional)
- $610,405
- Management and general (functional)
- $57,898
- Fundraising (functional)
- $68,658
Balance sheet and other
- Total assets, start of year
- $615,001
- Total assets, end of year
- $683,590
- Total liabilities, end of year
- $46,748
- Net assets, end of year
- $636,842
- Land, buildings and equipment
- $20,093
- Net assets without donor restrictions
- $556,842
- Net assets with donor restrictions
- $80,000
- Gross receipts
- $839,396
- Employees
- 6
- Volunteers
- 612
- Year formed
- 2006
- State of legal domicile
- TX
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Susan Frank | CEO Trustee or director, Officer, Key employee, Highest-paid employee | 40 | $56,975 |
| Brett Walford | President Trustee or director, Officer | 1 | $0 |
| Mike Vance | Vice President Trustee or director, Officer | 0.5 | $0 |
| Janet Shelton | Treasurer Trustee or director, Officer | 5 | $0 |
| Don Armstrong | Director Trustee or director | 0.5 | $0 |
| Jeff Bennett | Director Trustee or director | 0.5 | $0 |
| Andy Braack | Director Trustee or director | 0.5 | $0 |
| Lisa Cave | Director Trustee or director | 0.5 | $0 |
| Ron Strelke | Director Trustee or director | 1 | $0 |
| Sam Williamson | Director Trustee or director | 0.5 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Susan Frank | CEO Trustee or director, Officer, Key employee, Highest-paid employee | 40 | $57,167 |
| Brett Walford | President Trustee or director, Officer | 1 | $0 |
| Mike Vance | Vice President Trustee or director, Officer | 0.5 | $0 |
| Janet Shelton | Treasurer Trustee or director, Officer | 5 | $0 |
| Don Armstrong | Director Trustee or director | 0.5 | $0 |
| Jeff Bennett | Director Trustee or director | 0.5 | $0 |
| Andy Braack | Director Trustee or director | 0.5 | $0 |
| Lisa Cave | Director Trustee or director | 0.5 | $0 |
| Ron Strelke | Director Trustee or director | 1 | $0 |
| Sam Williamson | Director Trustee or director | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 826 E MCKINNEY ST, DENTON, TX 76209-4308
- Principal officer (990 for 2024)
- Susan Frank, 826 East McKinney Street, Denton, TX 76209
- Signed the 990
- SUSAN FRANK, CEO
- Phone
- (940) 891-0947
- Website
- https://heartsforhomes.org/
- Return prepared by
- Wade R Moran CPA PLLC
Mission
The mission of Hearts for Homes is to improve the living conditions of low-income senior homeowners in Denton County. Hearts for Homes is a nonprofit Christian outreach providing hope and dignity through home rehabilitation, affording low-income seniors, ages 60 and older, a safe, comfortable, and well-functioning home.
Program accomplishments
- The mission of Hearts for Homes is to improve the living conditions of low-income senior homeowners in Denton County. Hearts for Homes is a nonprofit Christian outreach providing hope and dignity through home rehabilitation, affording low-income seniors, ages 60 and older, a safe, comfortable, and well-functioning home.Expenses $610,405
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 20-4637974
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2014
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P20)
- Assets (IRS master file)
- $683,590
- Income (IRS master file)
- $839,396
Revocation and reinstatement
- Exemption revoked
- June 15, 2010
- Posted by the IRS
- February 10, 2014
- Reinstated
- Effective June 15, 2010
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $839,396 | $736,961 | $683,590 | XML |
| 990 | December 2023 | $689,084 | $576,683 | $615,001 | XML |
| 990 | December 2022 | $459,491 | $418,988 | $526,584 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-4637974).
Questions about HEARTS FOR HOMES
- What is the EIN of HEARTS FOR HOMES?
- The employer identification number (EIN) of HEARTS FOR HOMES is 20-4637974.
- Is HEARTS FOR HOMES tax-exempt?
- Yes. The IRS revoked its exemption on June 15, 2010 and reinstated it effective June 15, 2010.
- Are donations to HEARTS FOR HOMES tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HEARTS FOR HOMES file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of HEARTS FOR HOMES due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did HEARTS FOR HOMES last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of HEARTS FOR HOMES?
- The 990 for the year ended December 31, 2024 names Susan Frank.
- Who are the officers and directors of HEARTS FOR HOMES?
- The 990 for the year ended December 31, 2024 lists 10 people; 1 received compensation from the organization, the highest $56,975 (Susan Frank, CEO).
- How much revenue does HEARTS FOR HOMES have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $839,396, expenses of $736,961 and total assets of $683,590 at year end.
Other nonprofits in DENTON
- DENTON COUNTY FRIENDS OF THE FAMILY INC EIN 75-1734175 · last filed 990 for 2024
- SPAN INCORPORATED EIN 75-1497010 · last filed 990 for 2025
- CUMBERLAND YOUTH AND FAMILY SERVICES EIN 75-0878543 · last filed 990 for 2024
- LORETO HOUSE EIN 26-1395425 · last filed 990 for 2025
- GIVING GRACE INC EIN 81-2233677 · last filed 990 for 2024
- HARBOR OF HOPE INC EIN 32-0517677 · last filed 990 for 2024
- DENTON ASSISTANCE CENTER INC EIN 75-2946412 · last filed 990 for 2025
- SITI AND JIDO PARK FOUNDATION EIN 47-1116825 · last filed 990 for 2024