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Virginia · Nonprofit

WARM HEARTH INC

WARM HEARTH INC (Virginia) receives grants from 4 organizations whose IRS filings report $46,379 to it, the largest being THE TROLINGER TRUST - TES TR ($37,300). 2 of them have funded it in more than one year.

Revenue FY2025
$3.0M
Funders on record
4
Grants received
$46k
Net assets
$3.3M
2/4 repeat funderspeak grant-dependency 0%
01What it does

What Warm Hearth Inc does

Mission

Our mission is to foster a person-centered approach to aging in an inclusive environment that redefines retirement. Our vision is to nurture a transformative culture where people live and work in community, knowing their contributions are essential to our success.

As stated on its FY2025 Form 990.

Program

  1. The corporation provides supervision, management and development services to a seniors housing community which is operated by 501(c)(3) and 501(c)(4) organizations and provides housing to approximately 500 elderly and handicapped persons.

    $1,977,291 spent$2,767,063 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $1,977,291.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 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 = 20172017 Revenue 100 ($1.9M) Expenses 100 ($1.9M) Net assets 100 ($1.1M)2018 Revenue 103 ($1.9M) Expenses 103 ($2.0M) Net assets 95 ($1.0M)2019 Revenue 100 ($1.9M) Expenses 124 ($2.4M) Net assets 48 ($519k)2020 Revenue 85 ($1.6M) Expenses 107 ($2.1M) Net assets -46 ($-489328)2021 Revenue 216 ($4.0M) Expenses 103 ($2.0M) Net assets 146 ($1.6M)2022 Revenue 114 ($2.1M) Expenses 117 ($2.3M) Net assets 135 ($1.4M)2023 Revenue 272 ($5.1M) Expenses 153 ($2.9M) Net assets 336 ($3.6M)2024 Revenue 156 ($2.9M) Expenses 157 ($3.0M) Net assets 328 ($3.5M)2025 Revenue 159 ($3.0M) Expenses 164 ($3.2M) Net assets 310 ($3.3M)
'17'18'19'20'21'22'23'24'25
Revenue (159)Expenses (164)Net assets (310)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 2022 to 2023, from $9.8M to $14M (+38%).

$7.9M
$8.5M
$9.2M
$10M
$11M
$9.8M
$14M
$14M
$14M
'17'18'19'20'21'22'23'24'25
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.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 52% · 2023 57%. Grants only. Government contracts and fees sit inside program revenue.

1% of WARM HEARTH INC’s revenue is contributions — about as donation-reliant as the typical peer (39% for the typical peer).

This organization
Typical peer · 4,214 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 7 of the last 9 reported years ran a deficit.

−$52k
’17
−$53k
’18
−$499k
’19
−$471k
’20
$2.1M
’21
−$122k
’22
$2.2M
’23
−$85k
’24
−$190k
’25
5.0
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

William Lester

President and CEO

Board chair

Ed Spencer

Chair

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2017 and FY2018, and between the FY2020 and FY2021, and between the FY2022 and FY2023, and between the FY2023 and FY2024 filings.

'17'18'19'20'21'22'23'24'25
Listed212222232323232423
Joined·+20+2+4+6+3+3+8+2
No longer listed·192363373
03Who funds it

Who funds it, year by year

2018 → 2023: the base broadened from 1 funder to 2 funders, grant income fell $9k → $5k.

Funder
'18
'19
'20
'21
'22
'23
'24*
'25*
'26*
total
funders
1
1
3
2
2
2
1
1
1

2 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 19% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $210k from one payer (the payer shares this organization's board, largest Warm Hearth Foundation Inc). These are real filings, and they are not money WARM HEARTH INC raised.

From the IRS filings of WARM HEARTH 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

WARM HEARTH INC leans on a few funders — its largest provides 80% 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

80%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2018 100% · 2019 100% · 2020 97% · 2021 97% · 2022 98% · 2023 98% — 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.

Where its funders are

WARM HEARTH INC draws 100% of its grant income from funders outside Virginia, across 2 states in all.

NC
FL

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

’19
’20
’21
’22
’23
Virginia out of state home

Funder states come from each funder’s own filing. $9k 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

WARM HEARTH INC is better cushioned than half of the 2,367 housing & shelter nonprofits its size.

Operating margin−6% · bottom quartile
Months of reserve5.0mo · above the median
Revenue growth (annualized)6% · below the median

this organization peer median middle 50% of peers· 2,367 housing & shelter nonprofits $1M–$10M, FY2025

Organizations like WARM HEARTH 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 Virginia

Nationally

05Profile & governance

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

Where the money goes

63% of spending goes to programs.

Program 63%Management 37%Fundraising 0%

Governance

16
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990✓Audited financials

Public support

62%

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

Footprint & structure

Files a return copy in 1 state

VA

Part of a family of 9 related entities

  • Founders Forest Inc · exempt
  • New Century Housing Inc · exempt
  • Nrv Nursing Center Inc · exempt
  • New River House Inc · exempt
  • Showalter Center Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for WARM HEARTH 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 WARM HEARTH INC?
WARM HEARTH INC (Virginia) receives grants from 4 organizations whose IRS filings report $46,379 to it, the largest being THE TROLINGER TRUST - TES TR ($37,300). 2 of them have funded it in more than one year.
How many funders does WARM HEARTH INC have?
IRS filings report 4 organizations giving $46,379 in grants to WARM HEARTH INC, 2 of which have funded it in more than one year.
Who is the largest funder of WARM HEARTH INC?
THE TROLINGER TRUST - TES TR is the largest funder on record, with $37,300 in grants. The full list of funders is on this page.
How can an organization like WARM HEARTH INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Virginia. 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 Warm Hearth →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), 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 22, 2026. What this page cannot tell you · view filing