HERITAGE CHRISTIAN SERVICES FOUNDATION INC (EIN 161318395) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1988

Legal Domicile

Principal Officer

MARK ZAWACKI

Phone

5853402000

Tax Period

2023-01-01 to 2023-12-31

HERITAGE CHRISTIAN SERVICES FOUNDATION INC, founded in 1988, is a community nonprofit in the Human Services sector that reported $3.8M in total revenue in fiscal year 2023. Revenue surged 54% from the prior year, signaling strong growth momentum. Expenses of $5.5M exceeded revenue, resulting in a 47% operating deficit.

Mission

HERITAGE CHRISTIAN SERVICES AND ITS FOUNDATION BELIEVE THE FINANCIAL SEEDS PLANTED NOW WILL HELP ENSURE A BETTER HARVEST TOMORROW. THAT'S WHY THE FOUNDATION WORKS DILIGENTLY TO RAISE MONEY SO THAT THE AGENCY'S FUTURE IS SECURE.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $3,402,715

Program Service Revenue $0

Investment Income $391,474

Other Revenue $-20,390

TOTAL REVENUE $3,773,799

Expense Breakdown

Grants Paid $4,676,189

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $4,680,549

Other Expenses $871,460

TOTAL EXPENSES $5,547,649

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,773,799	$2,454,484	+0.5%
Expenses	$5,547,649	$1,345,834	+3.1%
Net Income	$-1,773,850	$1,108,650	-2.6%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

N/A

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

$770,748

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SCOTT LEFEBRE	CHAIR	1.00	Officer Director	$0	$0	$0
STEPHANIE SEIFFERT	VICE CHAIR	1.00	Officer Director	$0	$0	$0
KEVIN BEST	TREASURER	1.00	Officer Director	$0	$0	$0
MIKE OSBORN	SECRETARY	1.00	Officer Director	$0	$0	$0
LISA ARRINGTON	MEMBER	1.00	Director	$0	$0	$0
PAUL D'AIUTOLO	MEMBER	1.00	Director	$0	$0	$0
PAUL O'LEARY	MEMBER	1.00	Director	$0	$0	$0
PATRICIA LARRABEE	MEMBER	1.00	Director	$0	$0	$0
BETSY BRUGG	MEMBER	1.00	Director	$0	$0	$0
MARY RICHARDSON	MEMBER	1.00	Director	$0	$0	$0
GEOFF COOK	MEMBER	1.00	Director	$0	$0	$0
JAMES GOETZ	MEMBER	1.00	Director	$0	$0	$0
MARIAN TURNER	MEMBER	1.00	Director	$0	$0	$0
DREW HOSELTON	MEMBER	1.00	Director	$0	$0	$0
SUZANNE NYE	MEMBER	1.00	Director	$0	$0	$0
JOSEPH WILSON	MEMBER	1.00	Director	$0	$0	$0
MARISA GEITNER	PRESIDENT/CEO OF HERITAGE	2.00	Officer	$0	$52,756	$495,851
MARK ZAWACKI	EXECUTIVE DIRECTOR	24.00	Officer	$0	$59,295	$274,897

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	$3,773,799	$5,547,649	$24,527,521	$-1,773,850
2022	$2,454,484	$1,345,834	$23,290,470	$1,108,650
2021	$4,463,261	$1,772,677	$26,380,303	$2,690,584
2020	$1,384,649	$901,203	$20,627,346	$483,446
2019	$1,379,428	$1,053,578	$17,942,646	$325,850
2018	$1,542,540	$1,041,495	$15,356,469	$501,045

HERITAGE CHRISTIAN SERVICES FOUNDATION INC