E — Health CareEIN: 480561969

Heartspring INC

Wichita, Kansas

BHealth Score
62B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

How This Organization Compares

Compared to 39 peers in Health Care with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.00×
Peer Median8.62×
💰
$25.3M
Total Revenue
📊
$26.6M
Total Expenses
🏦
$26.5M
Net Assets
📋
$1.9M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-5.0%
Year-over-year change (2022 → 2023)
Net Margin
-5.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.00
Net assets divided by total expenses
Liabilities-to-Assets
6.7%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$25,278,515↓5%$26,576,095↓7%$28,430,218↓4%
2022$26,601,555↓11%$28,503,977$29,501,507↓10%
2021$29,928,293↑13%$28,408,650↑11%$32,760,069↓4%
2020$26,408,048↓1%$25,510,452↑8%$33,983,759↑12%
2019$26,680,941↑13%$23,671,996↑7%$30,210,319↑11%
2018$23,512,914↑10%$22,152,259↑12%$27,332,122↑6%
2017$21,431,662↑14%$19,700,245↑5%$25,877,020↑8%
2016$18,796,428↑13%$18,713,182↑12%$24,011,965↓2%
2015$16,651,827↑4%$16,775,878↑6%$24,582,766
2014$15,984,159↑3%$15,878,847↑6%$24,579,870↑1%
2013$15,512,910↑2%$15,018,186↑2%$24,354,376↑1%
2012$15,152,800$14,725,421$24,050,835

Frequently Asked Questions

What does Heartspring INC do?▼

Heartspring INC is a health care nonprofit organization based in Kansas. It is classified under NTEE code E50Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Heartspring INC financially healthy?▼

Based on our 9-metric Financial Health Score model, Heartspring INC has a score of 62/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Heartspring INC generate?▼

Heartspring INC reports $26.1M in annual revenue and holds $28.6M in total assets, based on IRS filings.

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