Heartspring Legacy Foundation
Heartspring Legacy Foundation reported $482,772 in revenue and $32,640 in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $0.00 went to program services, $100.00 to management and general costs and $0.00 to fundraising. Its largest source of revenue was investment income: 100.0% of the total. The highest compensation it reported for one person was $290,262 (EX OFFICIO DIRECTOR). Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $32,640For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $483KThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 0.0% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 100.0% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | Not reported | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 0.0% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.0% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $290,262 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 889.28% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 0 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 4,203.4 | 13.3 |
| Independent voting board members Part VI 1a–1b | 6 of 8 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseFinancially supported the various activities and projects of its sole member, heartspring, inc
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| EX OFFICIO DIRECTOR Director/trustee, 1.0 hrs/week | $0 | $268,542 | $21,720 | $290,262 |
| CFO HEARTSPRING - SEC./TREAS./DIRECTOR Director/trustee, officer, 1.0 hrs/week | $0 | $253,628 | $26,775 | $280,403 |
0 people received more than $100,000 in reportable compensation from Heartspring Legacy Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $0 (Part IX, line 5).
2 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b8 · 6 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13No
- Document retention policy Part VI 14No
- Independent process for top executive pay Part VI 15aNo
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2Yes
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 50
- Volunteers Part I, line 66
Private foundation grants it received
1 private foundation reported grants to Heartspring Legacy Foundation totaling $325 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Heartspring Legacy Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Heartspring Legacy Foundation, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Heartspring Legacy Foundation spent in FY2025, $0.00 went to programs. The full breakdown, from its IRS Form 990:
Questions people ask
How much of Heartspring Legacy Foundation's spending goes to programs?
In the fiscal year ending June 30, 2025, Heartspring Legacy Foundation reported that 0.0% of its $32,640 in expenses went to program services, 100.0% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Heartspring Legacy Foundation pay its top executive?
The largest total compensation Heartspring Legacy Foundation reported for one person in the fiscal year ending June 30, 2025 was $290,262, for the role of EX OFFICIO DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Heartspring Legacy Foundation get its money?
Of $482,772 in revenue in the fiscal year ending June 30, 2025, 0.0% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).
Is Heartspring Legacy Foundation a registered charity?
The IRS lists EIN 92-0657491 as a 501(c)(3) organization (supporting organization, type i), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202621359349313322 · read the filing
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202501359349317000 · read the filing
All filings for EIN 92-0657491: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.