COASTAL HEART FOUNDATION COASTAL HEART FOUNDATION (EIN 204048871) - 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

2005

Legal Domicile

Principal Officer

WASSIM CHOUCAIR

Phone

3617793094

Tax Period

2024-01-01 to 2024-12-31

COASTAL HEART FOUNDATION COASTAL HEART FOUNDATION, founded in 2005, is a micro nonprofit in the Medical Research sector that reported $322 in total revenue in fiscal year 2024. Revenue fell 88% from the prior year — a significant decline worth monitoring. Expenses of $8K exceeded revenue, resulting in a 2302% operating deficit.

Mission

THE FOUNDATION ENCOURAGES BENEFICIARY ORGANIZATIONS TO CONDUCT EDUCATIONAL AND COMMUNITY SERVICES HELPING CHILDREN AND YOUNG ADULTS REALIZE THE HAZARDS OF SMOKING AND ACTIVITIES THAT WOULD PUT THEIR HEART HEALTH AT RISK

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $322

Other Revenue $0

TOTAL REVENUE $322

Expense Breakdown

Grants Paid $6,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $7,486

Other Expenses $1,233

TOTAL EXPENSES $7,733

Year-over-Year Comparison

	2024	2023	Change
Revenue	$322	$2,781	-0.9%
Expenses	$7,733	$5,000	+0.5%
Net Income	$-7,411	$-2,219	+2.3%

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

N/A

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOELLE BOULDOUKIAN CHOUCAIR	PRESIDENT	5.00	Officer Director	$0	$0	$0
PAMELA HULME RN	V. PRESIDENT	5.00	Officer Director	$0	$0	$0
CAROLYN ARNOLD	SECRETARY	5.00	Officer Director	$0	$0	$0
NARENDRA PATEL	TREASURER	1.00	Director	$0	$0	$0
WASSIM CHOUCAIR	BOARD MEMBER	5.00	Officer Director	$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	$322	$7,733	$109,427	$-7,411
2023	$2,781	$5,000	$116,840	$-2,219
2022	$5,953	$4,013	$119,059	$1,940
2021	$8,564	$6,569	$117,119	$1,995
2020	$559	$2,573	$115,124	$-2,014
2019	$14,100	$6,960	$117,138	$7,140
2018	$2,882	$795	$109,998	$2,087

COASTAL HEART FOUNDATION COASTAL HEART FOUNDATION