HANK INC (EIN 010939474) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2009

Phone

8307411206

Tax Period

2024-01-01 to 2024-12-31

HANK INC, founded in 2009, is a micro nonprofit that reported $57K in total revenue in fiscal year 2024. Revenue surged 62% from the prior year, signaling strong growth momentum. Expenses of $504K exceeded revenue, resulting in a 784% operating deficit.

Mission

TO PROVIDE FOR THE NEEDS OF CHILDREN WHO HAVE BEEN REMOVED FROM THEIR HOMES IN MEDINA, UVALDE AND REAL COUNTIES, TEXAS BY THE TEXAS DEPARTMENT OF FAMILY AND PROTECTIVE SERVICES WHEN THOSE NEEDS CANNOT BE MET BY THE FOSTER FAMILY, BLUEBONNET CHILDREN'S CENTER, AND/OR OTHER RESOURCES

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,183

Program Service Revenue $0

Investment Income $54,043

Other Revenue $1,821

TOTAL REVENUE $57,047

Expense Breakdown

Grants Paid $477,441

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $503,233

Other Expenses $26,941

TOTAL EXPENSES $504,382

Year-over-Year Comparison

	2024	2023	Change
Revenue	$57,047	$35,295	+0.6%
Expenses	$504,382	$78,946	+5.4%
Net Income	$-447,335	$-43,651	+9.2%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MOLLY DANIEL	Secretary	1.00	Officer Director	$0	$0	$0
DEBBIE SOUTHWELL	President	10.00	Officer Director	$0	$0	$0
LYLE RIFF	Director	2.00	Director	$0	$0	$0
ROGER HERNANDEZ	Director	0.00	Director	$0	$0	$0
CARRIE KINDRED	Director	1.00	Officer Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$57,047	$504,382	No data	$-447,335

HANK INC