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Maryland · Nonprofit

HEARTSMILES INC

HEARTSMILES INC (Maryland) receives grants from 19 organizations whose IRS filings report $1,803,381 to it, the largest being BALTIMORE CHILDREN AND YOUTH FUND INC ($295,000). 14 of them have funded it in more than one year.

Revenue FY2025
$2.9M
Funders on record
19
Grants received
$1.8M
Net assets
$947k
14/19 repeat funderspeak grant-dependency 72%
01What it does

What Heartsmiles Inc does

Mission

To help youth reach their vision of success by putting them at the intersection of access and opportunity.

As stated on its FY2025 Form 990.

Programs

  1. The a.c.c.e.s.s. & eylp program is all about creating a safe and supportive space where youth who have been involved with the juvenile justice system can begin to build a bright future. Whether recently released or still in the system, participants work with peer mentors to build their resumes, set career goals, and gain the skills they need for self-sufficency and success.

    $750,000 spent
    70% of program spending
  2. The heartsmiles summer success program offers youth the chance to develop leadership, confidence,and life skills through peer-led educational sessions and professional guest speakers. Participants have the opportunity to choose from a variety of activities, encouraging them to explore new interests and grow in areas such as character development and mental health awareness. With a focus on youth voice and choice, the program provides a supportive enviornment where youth are empowered to take control of their personal and professional development.

    $250,000 spent
    23% of program spending
  3. Year round flex provides young people with a year-round workforce development opportunity where they can earn while they learn. Participants build essential personal, leadership, and professional skills while gaining hands-on experience in their chosen career paths. The program focuses on foundational leadership,entrepreneurship, and exploration, with hard and soft skills training, mentoring, and workforce development through partnerships with baltimore-based organizations.

    $68,822 spent
    6% of program spending

The 3 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $1,068,822.

02The organization over time

The organization over time

Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 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 = 20192019 Revenue 100 ($103k) Expenses 100 ($83k) Net assets 100 ($21k)2020 Revenue 91 ($94k) Expenses 112 ($93k) Net assets 210 ($43k)2021 Revenue 576 ($593k) Expenses 758 ($626k) Net assets 703 ($146k)2022 Revenue 873 ($899k) Expenses 1028 ($850k) Net assets 960 ($199k)2023 Revenue 1370 ($1.4M) Expenses 1619 ($1.3M) Net assets 1353 ($280k)2024 Revenue 1833 ($1.9M) Expenses 2382 ($2.0M) Net assets 958 ($199k)2025 Revenue 2811 ($2.9M) Expenses 2596 ($2.1M) Net assets 4567 ($947k)
2019202020212022202320242025
Revenue (2811)Expenses (2596)Net assets (4567)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 $199k to $955k (+381%).

$21k
$43k
$146k
$210k
$294k
$199k
$955k
2019202020212022202320242025
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.

2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2023 18% · 2024 15% · 2025 15%. Grants only. Government contracts and fees sit inside program revenue.

66% of HEARTSMILES INC’s revenue is contributions — about as donation-reliant as the typical peer (82% for the typical peer).

This organization
Typical peer · 2,038 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 7 reported years ran a deficit.

$20k
’19
$1k
’20
−$34k
’21
$48k
’22
$72k
’23
−$82k
’24
$748k
’25
4.4
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.

Board chair

Emma Jagasia

Chairperson

As listed on its FY2025 Form 990.

20212022202320242025
Listed16665
Joined··+0+0+1
No longer listed··002
03Who funds it

Who funds it, year by year

2018 → 2023: the base broadened from 1 funder to 10 funders, grant income rose $10k → $607k.

3 of 19 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 7% 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 HEARTSMILES INC’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

HEARTSMILES INC has a broad base — no single funder exceeds 16% of grant income, and it takes 4 funders to reach half.

the vertical line marks half of all grant income — 4 funders to its left

60% 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 HEARTSMILES INC.

16%
largest funder
45%
top three
~10
effective funders

Largest funder’s share by year: 2018 100% · 2020 59% · 2021 27% · 2022 27% · 2023 32% — diversifying over time.

“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.

How long its funders stay

40% of HEARTSMILES INC's funders are still giving 3 years after their first grant; 74% give in more than one year at all.

first grant+1y+2y+3y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

80% of HEARTSMILES INC's grant income comes from Maryland funders.

NY
MD
DC
TX

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

’18
’20
’21
’22
’23
Maryland out of state home

Funder states come from each funder’s own filing. $120k arriving through sponsors registered in 3 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

HEARTSMILES INC runs a healthier operating margin than three-quarters of the 1,152 youth development nonprofits its size.

Operating margin26% · top quartile
Months of reserve4.4mo · above the median
Revenue growth (annualized)74% · top quartile

this organization peer median middle 50% of peers· 1,152 youth development nonprofits $1M–$10M, FY2025

Organizations like HEARTSMILES 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 Maryland

Nationally

05Profile & governance

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

Where the money goes

50% of spending goes to programs.

Program 50%Management 50%Fundraising 0%

Governance

3
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

96%

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

Footprint & structure

Files a return copy in 1 state

MD

Screen this organization

A dated, signed PDF of the compliance screen for HEARTSMILES 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 HEARTSMILES INC?
HEARTSMILES INC (Maryland) receives grants from 19 organizations whose IRS filings report $1,803,381 to it, the largest being BALTIMORE CHILDREN AND YOUTH FUND INC ($295,000). 14 of them have funded it in more than one year.
How many funders does HEARTSMILES INC have?
IRS filings report 19 organizations giving $1,803,381 in grants to HEARTSMILES INC, 14 of which have funded it in more than one year.
Who is the largest funder of HEARTSMILES INC?
BALTIMORE CHILDREN AND YOUTH FUND INC is the largest funder on record, with $295,000 in grants. The full list of funders is on this page.
How can an organization like HEARTSMILES INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Maryland. 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 Heartsmiles →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2019–2025), and the filings of 19 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 22, 2026. What this page cannot tell you · view filing