ART 2 HEART (EIN 061685732) - 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

2003

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

ART 2 HEART, founded in 2003, is a micro nonprofit in the Human Services sector that reported $73K in total revenue in fiscal year 2023. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $66K left a modest 9% surplus.

Mission

MOTIVATING YOUTH TO DEVELOP SELF-ESTEEM

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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 (2023)

Revenue Breakdown

Contributions & Grants $72,752

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $72,752

Expense Breakdown

Grants Paid $0

Salaries & Benefits $28,643

Fundraising Expenses $0

Program Expenses $66,341

Other Expenses $37,698

TOTAL EXPENSES $66,341

Year-over-Year Comparison

	2023	2022	Change
Revenue	$72,752	$58,996	+0.2%
Expenses	$66,341	$60,445	+0.1%
Net Income	$6,411	$-1,449	-5.4%

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

Volunteers

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	Role	Reportable Comp	Other Comp	Total
LORRAINE LEMON	EXECUTIVE DIRECTOR	Officer Director	$0	$0	$0
BRIAN COWEN	PRESIDENT	Officer	$0	$0	$0
MELINDA WASSON	SECRETARY	Officer	$0	$0	$0
JOHN CREMIN	DEVELOPMENT	Officer	$0	$0	$0
WENDY SHERRER	TREASURER	Officer	$0	$0	$0
JACQUELINE MENIG BURTON	DEVELOPMENT	Officer	$0	$0	$0
HELEN HERD	DEVELOPMENT	Officer	$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	No data	No data	No data	No data
2023	$72,752	$66,341	$31,150	$6,411
2022	$58,996	$60,445	$24,762	$-1,449
2021	$49,107	$50,638	$26,223	$-1,531
2020	$58,861	$48,633	$26,075	$10,228
2019	$58,702	$59,726	$16,695	$-1,024
2018	$45,822	$50,403	$18,569	$-4,581

ART 2 HEART