Karen Hearts Foundation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
The Karen Hearts Foundation is a 501c3 nonprofit educational institution established to promote equal access to education workforce development and economic opportunity for underserved individuals and families. Our primary exempt purpose is to empower communities through free education job readiness mentorship and industry certification programs that remove barriers to employment and support long-term financial stability.
- Income
- $7,280
- Spending
- $19,115
- Reserves
- 1.7 months of spending
- Largest source of income
- donations and private grants, 100%
- Highest pay
- $7,062, executive director - senior consult
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
This organization files the short tax form, which does not ask about boards, policies or audits. That is normal for a small charity and is not a mark against it.
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $7,825 spent. Step Up for Students: Career & College Readiness Program: The Step Up for Students initiative provides free career and college readiness training mentorship and scholarship opportunities to youth and young adults ages 14-24. The program helps participants develop professional skills earn Google Career Certificates and prepare for high-demand careers in IT business healthcare and skilled trades. In the filing year more than 300 students benefited through mentoring workshops and online learning. Over 200 participants earned industry-recognized credentials and 50 gained internships or paid work experience placements.
- $5,215 spent. Empower Through Access Initiative The Empower Through Access Initiative supports the Foundations mission to bridge the gap between education and employment through virtual learning mentorship and certification access for disadvantaged youth and adults. The program distributed 600+ free certifications hosted 20 virtual training workshops and assisted four partner nonprofits with implementing online education and job placement programs. The initiative served approximately 800 participants across Memphis and Shelby County.
- $4,628 spent. Step Up for Families: Workforce Development & Support Services: Step Up for Families focuses on helping underserved adults and parents access job readiness training financial literacy education and wraparound support services such as childcare assistance housing referrals and transportation resources. The program partnered with community organizations to host six job fairs and financial empowerment workshops reaching over 500 individuals and families. The initiative helped 75 participants secure employment and 120 families connect to educational and financial resources that increased household stability.
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since September 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.