Charity Search / CONNECTED HEARTS
Employment (J22) 990 on File

CONNECTED HEARTS

EIN: 83-2728270 · MEMPHIS, TN 38114-4301 · United States · FY 2024 Data
3 out of 5 43 / 100 Based on 2+ years of filings
Financial strength (30%) 64/100
Reliability (20%) 45/100
Effectiveness (25%) 61/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$3K
Total Revenue
$3K
Total Expenses
$152K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 100.0%
Fundraising Efficiency N/A
Operating Reserve 536.83x
Liability-to-Asset 0.0%
Revenue Diversification 100.0%
Compared with Peers
FY 2024
Compared with 471 similar organizations (United States, Employment, under $100K in expenses), FY 2024.
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
100.0% 83.7%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
536.8 mo 17.8 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
0.0% 0.0%
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
100.0% 100.0%
P10P90
Bottom quarter
Revenue growth
Year over year revenue growth
-98.6% -3.4%
P10P90
Expense growth
Year over year expense growth
-97.4% -1.3%
P10P90
Surplus margin
Surplus as a share of revenue
0.0% 12.3%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $3K $3K $152K 100.0% —
2023 $250K $131K $152K 78.8% 0
2022 $37K $17K $33K 0.0% —
2021 $10K $268 N/A — 1
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Organization Details
EIN
83-2728270
State
TN
City
MEMPHIS
ZIP
38114-4301
Classification
J22
Category
Employment
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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