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North Carolina · Nonprofit

HEART FOR MONROE INC

HEART FOR MONROE INC (North Carolina) receives grants from 5 organizations whose IRS filings report $5,646 to it, the largest being DUKE ENERGY FOUNDATION ($2,600). 2 of them have funded it in more than one year.

Revenue FY2024
$121k
Funders on record
5
Grants received
$6k
Net assets
$31k
2/5 repeat funderspeak grant-dependency 0%
01What it does

What Heart for Monroe Inc does

Mission

Heart for Monroe is a nonprofit organization that exists to unite and mobilize churches, community organizations, ministries, businesses, and individuals to address homelessness, hunger, education, and build relationships in our community.

As stated on its FY2024 Form 990.

Program

  1. In-school Ministry Mentoring Clubs (materials, food, mentoring kits, guest speakers). H4M Community Ministry Events (free food, clothing, school supplies, toiletries, music, hot food, drive thru avaiable). Free H4M Youth ministry events (after school and summer) The Closet (free clothing ministry,food, snacks, school supplies,new beds for kids,donated furniture) for those in need. Chalk It Up to Love (free school supplies and snacks for teachers in low income schools). Senior Adult Support (food & events. Prom Dress Event (free prom dresses and attire for students in need) Healthy Mind Healthy Living Program.

    $61,216 spent
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $61,216.

02The organization over time

The organization over time

Each line starts at 100 in 2022, so what you read is the shape rather than the size: 150 means half as much again as 2022, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20222022 Revenue 100 ($107k) Expenses 100 ($90k) Net assets 100 ($17k)2023 Revenue 74 ($78k) Expenses 94 ($84k) Net assets 33 ($6k)2024 Revenue 113 ($121k) Expenses 106 ($95k) Net assets 188 ($31k)
202220232024
Revenue (113)Expenses (106)Net assets (188)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $6k to $31k (+460%).

$17k
$6k
$31k
202220232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2022 14%. Grants only. Government contracts and fees sit inside program revenue.

100% of HEART FOR MONROE INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (100% for the typical peer).

This organization
Typical peer · 15,288 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 3 reported years ran a deficit.

$17k
’22
−$6k
’23
$25k
’24
3.9
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Ginger Walle

Chairman and Executive Director

As listed on its FY2024 Form 990.

202220232024
Listed555
Joined·+1+0
No longer listed·10
03Who funds it

Who funds it, year by year

2018 → 2023: the base held at 1 funder, grant income fell $1k → $42.

1 of 5 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 4% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of HEART FOR MONROE INC’s funders (the co-funder graph). Top 4 of 5 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

HEART FOR MONROE INC leans on a few funders — its largest provides 46% of grant income and the top three 96%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

46%
largest funder
96%
top three
~2
effective funders

Largest funder’s share by year: 2018 100% · 2020 96% · 2021 95% · 2022 88% · 2023 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

54% of HEART FOR MONROE INC's grant income comes from North Carolina funders.

NC
SC

In-state vs out-of-state, by year

’18
’20
’21
’22
North Carolina out of state home

Funder states come from each funder’s own filing. $246 arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

HEART FOR MONROE INC runs a healthier operating margin than half of the 12,816 religion nonprofits its size.

Operating margin21% · above the median
Months of reserve3.9mo · below the median
Revenue growth (annualized)6% · below the median

this organization peer median middle 50% of peers· 12,816 religion nonprofits $100k–$1M, FY2024

Organizations like HEART FOR MONROE INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In North Carolina

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

64% of spending goes to programs.

Program 64%Management 36%Fundraising 0%

Governance

5
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for HEART FOR MONROE INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds HEART FOR MONROE INC?
HEART FOR MONROE INC (North Carolina) receives grants from 5 organizations whose IRS filings report $5,646 to it, the largest being DUKE ENERGY FOUNDATION ($2,600). 2 of them have funded it in more than one year.
How many funders does HEART FOR MONROE INC have?
IRS filings report 5 organizations giving $5,646 in grants to HEART FOR MONROE INC, 2 of which have funded it in more than one year.
Who is the largest funder of HEART FOR MONROE INC?
DUKE ENERGY FOUNDATION is the largest funder on record, with $2,600 in grants. The full list of funders is on this page.
How can an organization like HEART FOR MONROE INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Heart for Monroe →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2022–2024), and the filings of 5 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing