NEW YORK, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)HEARTS OF GOLD INC, founded in 2001, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.1M in total revenue in fiscal year 2024. Expenses of $1.4M exceeded revenue, resulting in a 26% operating deficit.
A CHARITABLE ORGANIZATION WHOSE MISSION IS TO EMPOWER AND EDUCATE HOMELESS MOTHERS AND THEIR CHILDREN, ENABLING THEM TO BREAK THE VICIOUS CYCLE OF HOMELESSNESS AND TRANSTION OUT OF SHELTERS IN TO PERMANENT HOMES.
FRESH START PROGRAM - FOR OUR MOMSHEARTS OF GOLD FRESH START UNIVERSITY (FSU) IS A WORKFORCE DEVELOPMENT PROGRAM WHICH PROVIDES INTENSIVE OCCUPATIONAL, SELF-ASSESSMENT AND LIFE-SKILLS TRAINING, AS...
FRESH START PROGRAM - FOR OUR MOMSHEARTS OF GOLD FRESH START UNIVERSITY (FSU) IS A WORKFORCE DEVELOPMENT PROGRAM WHICH PROVIDES INTENSIVE OCCUPATIONAL, SELF-ASSESSMENT AND LIFE-SKILLS TRAINING, AS WELL AS LIVING-WAGE PAID INTERNSHIPS, TO NEW YORK CITY'S EVER-GROWING NUMBER OF HOMELESS, FORMERLY HOMELESS AND LOW-INCOME SINGLE MOTHERS. HEARTS OF GOLD ALSO PROVIDES REUSABLE LAUNDRY BAGS FILLED WITH HOUSEHOLD AND PERSONAL ITEMS TO HOMELESS MOTHERS ENTERING AND EXITING THE NEW YORK CITY SHELTER SYSTEM.
YOUTH EDUCATION- FOR OUR CHILDRENHEARTS OF GOLD PROVIDES PRIVATE AND SEMI-PRIVATE TUTORING AT OUR LEARNING CENTER, SUMMER ENRICHMENT PROGRAMS AND SCHOOL SUPPLY GIVEAWAYS TO MOTIVATE HOMELESS...
YOUTH EDUCATION- FOR OUR CHILDRENHEARTS OF GOLD PROVIDES PRIVATE AND SEMI-PRIVATE TUTORING AT OUR LEARNING CENTER, SUMMER ENRICHMENT PROGRAMS AND SCHOOL SUPPLY GIVEAWAYS TO MOTIVATE HOMELESS, FORMERLY HOMELESS AND LOW INCOME CHILDREN TO STAY IN SCHOOL, EXCEL, AND PURSUE THEIR DREAMS OF HIGHER EDUCATION. OUR APPROACH REFLECTS OUR FOUNDER'S VISION OF HELPING EACH STRUGGLING CHILD REACH THE HIGHEST ACADEMIC BAR HE OR SHE CAN IMAGINE, WHILE GIVING THEM THE OPPORTUNITY TO CREATE A FUTURE THAT WILL OUTSHINE AND REDEFINE THEIR PAST.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $1,079,765 | $1,037,505 | +0.0% |
| Expenses | $1,364,331 | $1,119,185 | +0.2% |
| Net Income | $-284,566 | $-81,680 | +2.5% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| DEBORAH KOENIGSBERGER | CEO | 40.00 |
Officer
Director
|
$179,430 | $0 | $179,430 |
| FLORIAN KOENIGSBERGER | ASSOCIATE DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| CHRISTOPHER POULTON | ASSOCIATE DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| TOM WANG | ASSOCIATE DIRECTOR | 10.00 |
Director
|
$0 | $0 | $0 |
| BRENDA BERGER | ASSOCIATE DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| CLAUDE CASTRO | ASSOCIATE DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| LILLIE NKENCHOR | ASSOCIATE DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| JORDAN TAMCHIN | ASSOCIATE DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| JACK GINDI | VICE CHAIRMAN | 5.00 |
Officer
|
$0 | $0 | $0 |
| VALERIE DIFEBO | CHAIRPERSON | 5.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $376,784 | $1,364,331 | $1,306,807 | $-987,547 |
| 2024 | $1,079,765 | $1,364,331 | $1,306,807 | $-284,566 |
| 2023 | $1,037,505 | $1,119,185 | $2,297,102 | $-81,680 |
| 2022 | $1,125,422 | $1,080,093 | $2,375,833 | $45,329 |
| 2022 | $1,125,422 | $1,080,093 | $2,375,833 | $45,329 |
| 2021 | $1,074,372 | $806,052 | $2,361,545 | $268,320 |
| 2020 | $1,121,063 | $929,864 | $2,219,987 | $191,199 |
| 2019 | $839,531 | $1,038,719 | $1,895,087 | $-199,188 |
| 2018 | $1,212,912 | $1,094,337 | $2,092,463 | $118,575 |
Compare HEARTS OF GOLD INC with other nonprofits in New York and across the country.