TPhilanthropy, Voluntarism & GrantmakingEIN: 205836042· Ruling Year: 2007

Good Heart Work Smart Foundation

Oak Park, Illinois

BHealth Score
58B

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 20 peers in Philanthropy, Voluntarism & Grantmaking with <$100K revenue

Working Capital Ratio (net assets ÷ expenses)

This Org2.72×
Peer Median18.82×
💰
-$121K
Total Revenue
📊
$744K
Total Expenses
🏦
$2.0M
Net Assets
📋
$8K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-123.6%
Year-over-year change (2022 → 2023)
Net Margin
+716.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.72
Net assets divided by total expenses
Liabilities-to-Assets
0.4%
Total liabilities as % of total assets

Filing History

10 filings on record
YearRevenueExpensesAssets
2023-$120,557124%$743,53163%$2,033,36125%
2022$509,82492%$2,028,51335%$2,718,70838%
2021$6,557,590101%$3,099,623127%$4,415,503130%
2020$3,263,000213%$1,365,71656%$1,919,8547408%
2019$1,042,15428%$3,130,444393%$25,57098%
2015$815,00041%$635,04964%$1,623,08412%
2014$577,69131%$386,91910%$1,452,76811%
2013$440,00031%$352,03133%$1,311,93710%
2012$635,00046%$529,08629%$1,189,62313%
2011$1,170,000$746,461$1,053,401

Frequently Asked Questions

What does Good Heart Work Smart Foundation do?

Good Heart Work Smart Foundation is a philanthropy, voluntarism & grantmaking nonprofit organization based in Illinois. It is classified under NTEE code T22 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Good Heart Work Smart Foundation financially healthy?

Based on our 9-metric Financial Health Score model, Good Heart Work Smart Foundation has a score of 58/100 (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 Good Heart Work Smart Foundation generate?

Revenue data for Good Heart Work Smart Foundation is sourced from IRS filings. Detailed financial breakdowns may be available on the organization's Form 990.

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