GLASGOW, KY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)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.
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
PROVIDE AFFORDABLE HOUSING OPPORTUNITIES AND SELF-SUFFICIENCY SERVICES, INCLUDING COMMODITY DISTRIBUTION TO FAMILIES IN CRISIS, SENIOR CITIZENS AND SCHOOL AGE CHILDREN THROUGH ALL LOCAL SCHOOL...
PROVIDE AFFORDABLE HOUSING OPPORTUNITIES AND SELF-SUFFICIENCY SERVICES, INCLUDING COMMODITY DISTRIBUTION TO FAMILIES IN CRISIS, SENIOR CITIZENS AND SCHOOL AGE CHILDREN THROUGH ALL LOCAL SCHOOL SYSTEMS. ASSISTANCE ALSO INCLUDES PROVIDING DOWN PAYMENTS AND SECURITY DEPOSITS TO HELP QUALIFIED LOW INCOME RESIDENTS SECURE AFFORDABLE HOUSING.
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 | $78,645 | $732,598 | -0.9% |
| Expenses | $81,348 | $46,524 | +0.7% |
| Net Income | $-2,703 | $686,074 | -1.0% |
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 |
|---|---|---|---|---|---|---|
| LISA ELMORE | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| SHERI LEE | President | 0.00 |
Director
|
$0 | $0 | $0 |
| JOHN ROGERS | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| HENRY ROYSE | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| GLENDA YARBROUGH | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| RANDLE NORRIS | President | 0.00 |
Officer
|
$0 | $0 | $0 |
| 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 |
Compare HERO FOUNDATION INC with other nonprofits in Kentucky and across the country.