HEARTS FOR JESUS CHRIST CHRISTIAN EDUCATION INSTITUTE

EIN: 204202272 501(c)(3) Education

CLEVELAND, OH

Total Revenue
$158,507
Total Expenses
$149,916
Total Assets
$169,256
Net Assets
$169,256
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1992
Legal Domicile
OH
Principal Officer
MANUEL AGUIAR
Phone
4405526952
Tax Period
2023-06-01 to 2024-05-31

HEARTS FOR JESUS CHRIST CHRISTIAN EDUCATION INSTITUTE, founded in 1992, is a small nonprofit in the Education sector that reported $159K in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $150K left a modest 5% surplus.

Mission

HEARTS FOR JESUS CHRIST CHRISTIAN EDUCATION INSTITUTE, OR HEARTS AS WE ARE WIDELY KNOWN, IS A SPECIALIZED EDUCATIONAL COMMUNITY FOR CHRISITAN HOMESCHOOLING FAMILIES WITH CHILDREN IN PRE-SCHOOL THROUGH 12TH GRADE. HEARTS IS ALSO A MINISTRY OF SUPPORT AND ENCOURAGEMENT TO LIKE-MINDED CHRISTIAN PARENTS WHO HAVE ACCEPTED GOD'S CALL TO TEACH THEIR CHILDREN AT HOME.

Program Service Accomplishments

Program 1
Expenses: $92,402 Revenue: $99,545

ACADEMIC AND FINE ARTS PROGRAM:HEARTS OPERATED A CHRISTIAN SUPPLEMENTAL SCHOOL SERVING 93 HOMESCHOOLING FAMILIES AND ENROLLING 272 STUDENTS IN 83 (I) ACADEMIC CLASSES, (II) NUMEROUS MUSICAL...

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ACADEMIC AND FINE ARTS PROGRAM:HEARTS OPERATED A CHRISTIAN SUPPLEMENTAL SCHOOL SERVING 93 HOMESCHOOLING FAMILIES AND ENROLLING 272 STUDENTS IN 83 (I) ACADEMIC CLASSES, (II) NUMEROUS MUSICAL PERFORMING ARTS OPPORTUNITIES INCLUDING AN ORCHESTRA, THREE CHOIRS, AND NUMEROUS VOCAL AND INSTRUMENTAL SOLOS AND ENSEMBLES EACH PERFORMING IN VARIOUS SETTINGS INCLUDING STATE AND REGIONAL ACADEMIC EVENTS SPONSORED BY THE ASSOCIATION OF CHRISTIAN SCHOOL INTERNATIONAL.

Program 2

MINISTRY OF HOMESCHOOLING SUPPORT AND COUNSELHEARTS OFFERS COUNSEL AND ADVICE TO NE OHIO HOMESCHOOLING FAMILIES WHO ARE CONSIDERING OR OPERATING A HOMESCHOOL UNDER EITHER OHIO ADMINISTRATIVE CODE...

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MINISTRY OF HOMESCHOOLING SUPPORT AND COUNSELHEARTS OFFERS COUNSEL AND ADVICE TO NE OHIO HOMESCHOOLING FAMILIES WHO ARE CONSIDERING OR OPERATING A HOMESCHOOL UNDER EITHER OHIO ADMINISTRATIVE CODE CHAPTER 3301-34("HOMESCHOOL") OR OHIO ADMINISTRATIVE CODE CHAPTER 3301-35-08 ("08 SCHOOL"). HEARTS ALSO PROVIDES COUNSEL AND SUPPORT TO ITS MEMBER FAMILIES, INCLUDING THOSE (I) SEEKING STANDARDIZED TESTING OR PORTFOLIO EVALUATION OF THEIR STUDENTS TO ACCESS THEIR PROGRESS; (II) SEEKING ASSISTANCE WITH THEIR REPORTING OBLIGATIONS AS A HOMESCHOOL OR 08 SCHOOL; (III) CONSIDERING OR PARTICIPATING IN OHIO'S POST-SECONDARY EDUCATION OPTIONS PROGRAM FOR HIGH SCHOOL STUDENTS; (IV) SEEKING ASSISTANCE WITH THE PREPARATION AND MAINTENANCE OF STUDENT TRANSCRIPTS FOR ENROLLMENT IN POST- SECONDARY EDUCATION AND/OR EMPLOYMENT; (V) GRADUATING SENIORS AND PURSUING ACADEMIC AND/OR ATHLETIC SCHOLARSHIPS TO FINANCE CONTINUED EDUCATION; AND (VII) IN NEED OF FINANCIAL ASSISTANCE FOR THE PARTICIPATION OF THEIR CHILDREN IN HEARTS ACADEMIC AND ATHLETIC PROGRAMS.

Program 3
Expenses: $48,959 Revenue: $40,268

HEARTS OPEARATED A CHRISTIAN SUPPLEMENTAL ATHLETIC PROGRAM ENROLLING STUDENTS IN SEVEN ATHLETIC TEAMS COMPETING IN INTERSCHOLASTIC, STATE AND NATIONAL COMPETITIONS.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $18,694
Program Service Revenue $139,813
Investment Income $0
Other Revenue $0
TOTAL REVENUE $158,507

Expense Breakdown

Grants Paid $0
Salaries & Benefits $7,300
Fundraising Expenses $0
Program Expenses $141,361
Other Expenses $142,616
TOTAL EXPENSES $149,916

Year-over-Year Comparison

2023 2022 Change
Revenue $158,507 $130,192 +0.2%
Expenses $149,916 $142,154 +0.1%
Net Income $8,591 $-11,962 -1.7%
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

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Liquidity & Cash Position

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

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Governance

Voting Members
9
Independent Members
N/A
Employees
N/A
Volunteers
8

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
0
$0
Total Directors
9
$1,950
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PRISCILLA SCHLEA TRUSTEE 2.00
Director
$0 $0 $0
JEFFREY NEUMAN TRUSTEE 2.00
Director
$0 $0 $0
KIM NEUMAN TRUSTEE 2.00
Director
$0 $0 $0
MANUEL AGUIAR TREASURER 2.00
Director
$0 $0 $0
MARCIA AGUIAR TRUSTEE 2.00
Director
$1,950 $0 $1,950
MATT HARRINGTON TRUSTEE 2.00
Director
$0 $0 $0
RACHEL HARRINGTON TRUSTEE 2.00
Director
$0 $0 $0
MARTY HOELER TRUSTEE 2.00
Director
$0 $0 $0
BRI HOELER TRUSTEE 2.00
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
2025 No data No data No data No data
2024 $158,507 $149,916 $169,256 $8,591
2023 $130,192 $142,154 $160,665 $-11,962
2022 $204,004 $160,634 $172,627 $43,370
2021 $85,745 $99,220 $130,781 $-13,475
2020 $241,469 $213,997 $153,853 $27,472
2019 $199,048 $178,352 $126,381 $20,696
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