Heartspring Inc
- Assets
- $32.8m
- Revenue
- $29.9m
- Investments
- $0.0
- Employees
- 645
- Location
- Wichita, KS
- Founding
- 04/1947
- Data as of
- 06/2021
- EIN
- 48-0561969
Organization Overview
Heartspring Inc is located in Wichita, KS. The organization was established in 1947. According to its NTEE Classification (E50) the organization is classified as: Rehabilitative Care, under the broad grouping of Health Care and related organizations. As of 06/2021, Heartspring Inc employed 645 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Heartspring Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Heartspring Inc generated $29.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $28.4m during the year ending 06/2021. While expenses have increased by 7.2% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE HEARTSPRING SCHOOL SERVES CHILDREN IMPACTED BY COMPLEX INTELLECTUAL AND PHYSICAL CHALLENGES, SUCH AS AUTISM SPECTRUM DISORDER, DEVELOPMENTAL TRAUMA, AND CO-OCCURRING MEDICAL DIAGNOSES. WE OFFER A DAY ONLY AND RESIDENTIAL OPTION SERVING CHILDREN FROM SCHOOL DISTRICTS THROUGHOUT THE UNITED STATES. OUR STUDENTS OFTEN LIVE WITH CHALLENGING AND/OR PAIN BASED BEHAVIORS THAT INTERFERE WITH THEIR ACADEMIC PROGRESS AT SCHOOL, HOME, AND IN THE COMMUNITY. SEE SCHEDULE O FOR CONTINUATION.
HEARTSPRING'S OUTPATIENT SERVICES OFFERS PEDIATRIC THERAPIES IN THE FOLLOWING AREAS: OCCUPATIONAL, PHYSICAL, SPEECH, AUDIOLOGY, APPLIED BEHAVIOR ANALYSIS (ABA), AND PSYCHOLOGICAL SERVICES TO CHILDREN BIRTH TO 21. OUR OUTPATIENT FACILITY IS DESIGNED TO ALLOW FAMILIES AND PROFESSIONALS TO WORK COLLABORATIVELY TO ENSURE PROGRESS ACROSS MULTIPLE DISCIPLINES. THERAPISTS USE HANDS-ON THERAPEUTIC INTERVENTIONS IN AN INDIVIDUALIZED SETTING WHILE TEACHING FAMILIES HOW TO IMPLEMENT STRATEGIES AT HOME AND IN THE COMMUNITY. SEE SCHEDULE O FOR CONTINUATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julie Noller COO | Officer | 40 | $201,359 |
Karina Forrest Perkins President/ceo | Officer | 40 | $170,403 |
Carolyn Wilhelm CFO | Officer | 40 | $159,059 |
Melissa Riley Chief People Officer | Officer | 40 | $112,979 |
Stephen Perry Director Of Educational Servic | 40 | $107,025 | |
Megan Swett Div. Dir. Heartspring School | 40 | $101,512 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Clean Tech Cleaning Services | 6/29/21 | $132,654 |
Isg Technology Inc Technology | 6/29/21 | $110,158 |
Uksm-medical Practice Association Medical Services | 6/29/21 | $108,181 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $208,705 |
| Related organizations | $335,597 |
| Government grants | $3,577,762 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,030,729 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,152,793 |
| Total Program Service Revenue | $24,033,235 |
| Investment income | $714,189 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $2,257 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$45,824 |
| Net Income from Fundraising Events | -$69,263 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $3,762 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $29,928,293 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $118,446 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,208,300 |
| Compensation of current officers, directors, key employees. | $700,849 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $17,777,008 |
| Pension plan accruals and contributions | $587,517 |
| Other employee benefits | $1,336,561 |
| Payroll taxes | $2,591,040 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $25,718 |
| Fees for services: Accounting | $59,088 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $507,338 |
| Advertising and promotion | $92,526 |
| Office expenses | $282,912 |
| Information technology | $193,252 |
| Royalties | $0 |
| Occupancy | $1,000,406 |
| Travel | $30,761 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $73,758 |
| Interest | $45,190 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $871,120 |
| Insurance | $199,866 |
| All other expenses | $421,860 |
| Total functional expenses | $28,408,650 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,120,528 |
| Savings and temporary cash investments | $5,006,006 |
| Pledges and grants receivable | $59,121 |
| Accounts receivable, net | $2,972,081 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $7,310 |
| Prepaid expenses and deferred charges | $355,687 |
| Net Land, buildings, and equipment | $15,511,994 |
| Investments—publicly traded securities | $4,669,462 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $57,880 |
| Total assets | $32,760,069 |
| Accounts payable and accrued expenses | $2,199,905 |
| Grants payable | $0 |
| Deferred revenue | $20,800 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,220,705 |
| Net assets without donor restrictions | $29,313,823 |
| Net assets with donor restrictions | $1,225,541 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $32,760,069 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Heartspring Inc has recieved totaling $6,000.
| Awarding Organization | Amount |
|---|---|
Paul Ross Charitable Foundation Wichita, KS PURPOSE: UNRESTRICTED | $4,000 |
Edward Mosby Lincoln Foundation Wichita, KS PURPOSE: OPERATING FUND FOR COMMUNITY FUNDS | $2,000 |
Endowment Analysis
| Beg. Balance | $4,556,104 |
| Earnings | $1,176,899 |
| Admin Expense | $27,390 |
| Grants | $174,797 |
| Ending Balance | $5,530,816 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Quality Living Inc Omaha, NE | $72,142,715 | $35,991,988 |
Heartspring Inc Wichita, KS | $32,760,069 | $29,928,293 |
Sacred Heart Rehabilitation Institute Inc St Louis, MO | $2,876,670 | $6,756,835 |
Nextstep For Life Inc Mapaville, MO | $5,154,824 | $6,576,682 |
Easter Seals Colorado Lakewood, CO | $7,989,724 | $5,364,054 |
Ozark Independent Living West Plains, MO | $4,771,689 | $4,249,328 |
Barnabas Foundation Inc Springfield, MO | $14,001,581 | $6,706,566 |
Rainbow Center For Communicative Disorders Blue Springs, MO | $5,580,943 | $4,083,675 |
Eton Home Care Inc Broken Arrow, OK | $1,568,974 | $2,738,775 |
United Services St Peters, MO | $8,459,431 | $2,313,264 |
The Center For Individuals With Physical Challenges Ltd Tulsa, OK | $20,372,930 | $3,103,220 |
Recovery Resources Snowmass, CO | $452,681 | $2,191,831 |