HERO FOUNDATION INC (EIN 203430147) - 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

2019

Legal Domicile

Principal Officer

SHERI LEE

Phone

2706513859

Tax Period

2024-01-01 to 2024-12-31

HERO FOUNDATION INC, founded in 2019, is a micro nonprofit in the Housing & Shelter sector that reported $79K in total revenue in fiscal year 2024. Revenue fell 89% from the prior year — a significant decline worth monitoring. Net assets of $683K represent 104 months of operating reserves.

Mission

TO ASSIST IN CREATING AFFORDABLE HOUSING OPPORTUNITIES AND PROVIDE OTHER SELF-SUFFICIENCY SERVICES DESIGNED TO PROMOTE INDEPENDENCE AND SOCIAL WELL-BEING FOR LOW AND MODERATE INCOME RESIDENTS OF GLASGOW, KY

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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 $0

Program Service Revenue $78,645

Investment Income $0

Other Revenue $0

TOTAL REVENUE $78,645

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $75,310

Other Expenses $81,348

TOTAL EXPENSES $81,348

Year-over-Year Comparison

	2024	2023	Change
Revenue	$78,645	$732,598	-0.9%
Expenses	$81,348	$46,524	+0.7%
Net Income	$-2,703	$686,074	-1.0%

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

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	Role	Reportable Comp	Other Comp	Total
LISA ELMORE	Director	Director	$0	$0	$0
SHERI LEE	President	Director	$0	$0	$0
JOHN ROGERS	Director	Director	$0	$0	$0
HENRY ROYSE	Director	Director	$0	$0	$0
GLENDA YARBROUGH	Director	Director	$0	$0	$0
RANDLE NORRIS	President	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
2025	No data	No data	No data	No data
2024	$78,645	$81,348	$694,541	$-2,703
2023	$732,598	$46,524	$686,074	$686,074

HERO FOUNDATION INC