Charity Search / HEARTWOOD FOUNDATION INC
Arts, Culture & Humanities (A68) 990 on File

HEARTWOOD FOUNDATION INC

EIN: 83-0677735 · GAINESVILLE, FL 32601-6778 · United States · FY 2025 Data
3 out of 5 49 / 100 Based on one year of filings
Financial strength (30%) 72/100
Reliability (20%) 45/100
Effectiveness (25%) 75/100
Impact (25%) No data yet
Financial data: FY 2025 · Scored 9/13/2026
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CharityAI™ Score
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Financial Overview — FY 2025
$613K
Total Revenue
$512K
Total Expenses
$104K
Net Assets
4
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 91.2%
Fundraising Efficiency N/A
Operating Reserve 2.44x
Liability-to-Asset 72.5%
Revenue Diversification 58.4%
Compared with Peers
FY 2025
Compared with 7,068 similar organizations (United States, Arts, Culture & Humanities, $100K–$1M in expenses), FY 2025.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
91.2% 81.9%
P10P90
Above median
Admin expense ratio
Management and general / total expenses · lower is better
7.3% 13.7%
P10P90
Above median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
1.5% 0.0%
P10P90
Below median
Operating reserve
Months of expenses covered by net assets · higher is better
2.4 mo 9.4 mo
P10P90
Bottom quarter
Liabilities to assets
Total liabilities / total assets · lower is better
72.5% 1.5%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
58.4% 77.2%
P10P90
Top quarter
Surplus margin
Surplus as a share of revenue
16.5% 2.4%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $613K $512K $104K 91.2% 4
2019 $106K $147K N/A 1
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Organization Details
EIN
83-0677735
State
FL
City
GAINESVILLE
ZIP
32601-6778
Classification
A68
Category
Arts, Culture & Humanities
Rating
3★
Coverage
B
Last Updated
Aug 2026
Form 990
On File
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