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Nonprofit · EIN 84-2515642

HEARTLAND FORWARD

Tax-exempt · BENTONVILLE, AR 72712

Financials

$15.3M$10.9M2023$11.9M$12.6M2024
Revenue Expenses · by fiscal year end
Financials of HEARTLAND FORWARD by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$11,882,702$12,640,759-$758,057$6,426,256$0$6,426,256
December 31, 2023990$15,261,912$10,868,770$4,393,142$7,184,313$0$7,184,313
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$11,867,202
of which government grants
$994,658
Program service revenue
$0
Investment income
$15,500
Net gain from sales of assets
$4,200
Other revenue
$0

Expenses

Grants and similar amounts paid
$771,725
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$156,665
Accounting fees
$45,564
Occupancy
$97,249
Travel
$305,006
Depreciation
$350
Program services (functional)
$8,432,535
Management and general (functional)
$4,208,224

Balance sheet and other

Total assets, start of year
$7,184,313
Total assets, end of year
$6,426,256
Total liabilities, end of year
$0
Net assets, end of year
$6,426,256
Land, buildings and equipment
$10,140
Net assets without donor restrictions
$2,384,284
Net assets with donor restrictions
$4,041,972
Gross receipts
$11,882,702
Employees
0
Volunteers
7
Year formed
2018
State of legal domicile
DE

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
BUDDY D PHILPOTDIRECTOR, SECRETARY
Trustee or director, Officer
2$0
Michael MaloneBOARD DIRECTOR, TREASURER
Trustee or director, Officer
2$0
ROSS DeVOLBOARD DIRECTOR, PRESIDENT
Trustee or director, Officer
40$0
OLIVIA WALTONBOARD DIRECTOR
Trustee or director
2$0
ANGIE COOPERCHIEF PROGRAM OFFICER
Officer
35$0
BLAKE WOOLSEYCHIEF COMMUNICATIONS AND DEVELOPMENT
Officer
40$0
DAVE SHIDELERCHIEF RESEARCH OFFICER
Officer
40$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
Buddy D PhilpotDirector, Secretary
Trustee or director, Officer
2$0
MICHAEL D MALONEBOARD DIRECTOR; TREASURER
Trustee or director, Officer
2$0
ROSS DEVOLBOARD DIRECTOR; PRESIDENT
Trustee or director, Officer
40$0
OLIVIA WALTONBOARD DIRECTOR
Trustee or director
2$0
ANGIE COOPERCHIEF PROGRAM OFFICER (FROM 11/30/2023)
Officer
35$0
BLAKE WOOLSEYCHIEF COMMUNICATIONS AND DEVELOPMENT (From 11/30/2023)
Officer
40$0
DAVE SHIDELERCHIEF RESEARCH OFFICER (FROM 11/30/2023)
Officer
40$0

Address and contacts

Address (IRS master file)
PO BOX 1860, BENTONVILLE, AR 72712-1860
Mailing address (990-N for 2019)
110 NW 2ND STREET, BENTONVILLE AR 72712
Principal officer (990 for 2024)
Angie Cooper, PO BOX 1860, BENTONVILLE, AR 72712
Principal officer (990-N for 2019)
ROSS DeVOL, 110 NW 2ND STREET, BENTONVILLE AR 72712
Signed the 990
Angie Cooper, President
Phone
(479) 464-1570
Return prepared by
Walton Enterprises LLC

Mission

A think and do tank dedicated to being a resource for states and communities - helping to advance the economic opportunity in the heartland.

990 for the year ended December 31, 2024

Program accomplishments

  • TO IMPROVE THE ECONOMIC PERFORMANCE IN THE CENTER OF THE U.S BY ADVOCATING FOR FACT-BASED SOLUTIONS TO FOSTER JOB CREATION, KNOWLEDGE-BASED AND INCLUSIVE GROWTH, AND IMPROVED HEALTH OUTCOMES.
    Expenses $8,432,535 · grants $771,725

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
84-2515642
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2020
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$6,426,256
Income (IRS master file)
$11,882,702

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$11,882,702$12,640,759$6,426,256XML
990December 2023$15,261,912$10,868,770$7,184,313XML
990December 2022$10,819,582$11,129,013$2,791,171IRS
990December 2021–––IRS
990December 2020–––IRS
990-N for 2019
Officer: ROSS DeVOL
December 31, 2019≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 84-2515642).

Questions about HEARTLAND FORWARD

What is the EIN of HEARTLAND FORWARD?
The employer identification number (EIN) of HEARTLAND FORWARD is 84-2515642.
Is HEARTLAND FORWARD tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
Are donations to HEARTLAND FORWARD tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does HEARTLAND FORWARD file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of HEARTLAND FORWARD due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did HEARTLAND FORWARD last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of HEARTLAND FORWARD?
The 990 for the year ended December 31, 2024 names Angie Cooper.
Who are the officers and directors of HEARTLAND FORWARD?
The 990 for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
How much revenue does HEARTLAND FORWARD have?
On its 990 for the year ended December 31, 2024 it reported revenue of $11,882,702, expenses of $12,640,759 and total assets of $6,426,256 at year end.

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