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North Carolina · Nonprofit

Heart of Brevard

Heart of Brevard (North Carolina) receives grants from 4 organizations whose IRS filings report $148,537 to it, the largest being COMPORIUM FOUNDATION INC ($84,000). 1 of them have funded it in more than one year.

Revenue FY2025
$589k
Funders on record
4
Grants received
$149k
Net assets
$278k
1/4 repeat funderspeak grant-dependency 10%
01What it does

What Heart of Brevard does

Mission

Heart of Brevard is creating a gathering place for the community, strengthening the economic vitality of the downtown Brevard district and preserving and sustaining our rich heritage.

As stated on its FY2025 Form 990.

Programs

  1. Downtown Events & Community Festivals: Heart of Brevard produces signature downtown events and festivals that strengthen community connection, increase visitation, and generate economic activity for small businesses in downtown Brevard. These events activate public spaces, showcase local arts and culture, and create opportunities for merchants, vendors, and nonprofits to engage residents and visitors throughout the year. Key 2025 Outcomes: - 6 signature downtown events and festivals - 302 community volunteers contributing 1,320 hours of service (valued at approx $40,000) - Community celebrations including White Squirrel Weekend, Halloweenfest, Holiday Windows, Light Up the Night, and seasonal programming

    $432,836 spentof which $9,000 as grants$124,338 earned by the program
    100% of program spending
  2. Downtown Marketing & Promotion: Heart of Brevard leads coordinated marketing and promotional initiatives designed to increase visibility, visitation, and spending in the downtown district. Campaigns highlight Brevards independent businesses, arts culture, and walkable downtown experience while encouraging residents and visitors to shop, dine, and explore locally. Key 2025 Outcomes: - 658,000 social media reach and 15,600 followers across platforms - 16,000 Downtown Shopping & Dining Guides produced and distributed - 6,100 email subscribers with a 39% open rate - 7,000 visitors participating in the Holiday Window Walking Tour - 476 community voters in the Peoples Choice Holiday Window Awards

  3. Downtown Economic Vitality & Investment Support: Heart of Brevard supports economic development and preservation-based revitalization in the downtown district by providing technical assistance, small grants, and parterships that encourage private investment and business growth. These efforts help maintain Brevards Brevards historic character while strengthening its local economy. Key 2025 Outcomes: - $9,000 awarded through the Heart of Brevard Vibrancy Grant Program - $12 million in private investment leveraged in the downtown district - $1.2 million in public sector investment - 17 net new businesses and 58 net new jobs created - 16 building improvement projects completed

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $432,836.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 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 = 20202020 Revenue 100 ($177k) Expenses 100 ($176k) Net assets 100 ($201k)2021 Revenue 126 ($222k) Expenses 112 ($197k) Net assets 114 ($229k)2022 Revenue 158 ($279k) Expenses 137 ($242k) Net assets 132 ($266k)2023 Revenue 190 ($335k) Expenses 194 ($342k) Net assets 129 ($259k)2024 Revenue 213 ($376k) Expenses 252 ($445k) Net assets 94 ($190k)2025 Revenue 333 ($589k) Expenses 284 ($501k) Net assets 138 ($278k)
202020212022202320242025
Revenue (333)Expenses (284)Net assets (138)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 2024 to 2025, from $195k to $288k (+47%).

$210k
$249k
$274k
$266k
$195k
$288k
202020212022202320242025
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.

2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 84% · 2022 59% · 2023 51% · 2024 52% · 2025 41%. Grants only. Government contracts and fees sit inside program revenue.

77% of Heart of Brevard’s revenue is contributions — more donation-reliant than the typical peer (62% for the typical peer).

This organization
Typical peer · 12,439 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 6 reported years ran a deficit.

$635
’20
$25k
’21
$37k
’22
−$7k
’23
−$69k
’24
$88k
’25
6.7
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

Jessica Bentley

Executive Director

As listed on its FY2025 Form 990.

20212022202320242025
Listed1312151410
Joined·+2+7+2+1
No longer listed·3435
03Who funds it

Who funds it, year by year

2020 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $3k → $5k.

2 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 27% 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 of Brevard’s funders (the co-funder graph). 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 of Brevard leans on a few funders — its largest provides 57% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

27% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Heart of Brevard.

57%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2020 100% · 2021 100% · 2022 89% · 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

Heart of Brevard draws 77% of its grant income from funders outside North Carolina, across 2 states in all.

NC
SC

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

’20
’21
’22
’23
North Carolina out of state home

Funder states come from each funder’s own filing. $40k arriving through sponsors registered in 2 states 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 of Brevard has grown faster than three-quarters of the 7,175 community improvement nonprofits its size.

Operating margin15% · above the median
Months of reserve6.7mo · below the median
Revenue growth (annualized)27% · top quartile

this organization peer median middle 50% of peers· 7,175 community improvement nonprofits $100k–$1M, FY2025

Organizations like Heart of Brevard

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

86% of spending goes to programs.

Program 86%Management 11%Fundraising 2%

Governance

9
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Public support

97%

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 of Brevard: 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 of Brevard?
Heart of Brevard (North Carolina) receives grants from 4 organizations whose IRS filings report $148,537 to it, the largest being COMPORIUM FOUNDATION INC ($84,000). 1 of them have funded it in more than one year.
How many funders does Heart of Brevard have?
IRS filings report 4 organizations giving $148,537 in grants to Heart of Brevard, 1 of which have funded it in more than one year.
Who is the largest funder of Heart of Brevard?
COMPORIUM FOUNDATION INC is the largest funder on record, with $84,000 in grants. The full list of funders is on this page.
How can an organization like Heart of Brevard 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.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2020–2025), and the filings of 4 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