HEARTBEAT OF MIAMI INC

EIN: 208155890 501(c)(3) Health Care

HIALEAH, FL

Total Revenue
$1,564,916
Total Expenses
$1,240,272
Total Assets
$1,522,688
Net Assets
$1,517,922
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
FL
Phone
3058632155
Tax Period
2024-01-01 to 2024-12-31

HEARTBEAT OF MIAMI INC, founded in 2006, is a community nonprofit in the Health Care sector that reported $1.6M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $325K, a strong 21% operating margin.

Mission

FREE PREGNACY TEST, ULTRASOUNDS TO WOMEN IN NEED,PRENATAL AND POST-NATAL SUPPORT AND COUNSELING, REFERRALS MATERIAL GOODS, WOMENS WELLNESS REFERRALS, COUNSELING FOR WOMEN AND THEIR FAMILIES

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,564,916
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,564,916

Expense Breakdown

Grants Paid $0
Salaries & Benefits $850,387
Fundraising Expenses $161,558
Program Expenses $972,317
Other Expenses $334,723
TOTAL EXPENSES $1,240,272

Year-over-Year Comparison

2024 2023 Change
Revenue $1,564,916 $1,434,961 +0.1%
Expenses $1,240,272 $1,095,174 +0.1%
Net Income $324,644 $339,787 0.0%
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

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Governance

Voting Members
11
Independent Members
11
Employees
21
Volunteers
12

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
12
$135,000
Total Directors
0
$0
Key Employees
1
$135,000
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Martha E Avila 3860 NW 57th PL, Miami Springs, FL 33168 40.00
Officer Key Emp Highest
$135,000 $0 $135,000
Evelyn Prado 7523 SW 109th Avenue, Miami FL 33173 5.00
Officer
$0 $0 $0
Ricardo GallinarVice-chairman 106 Honey Court, Moorsville NC 28117 5.00
Officer
$0 $0 $0
Cristina ValenciaSecretary 10730 NW 66 Street # 110, Doral FL 33178 5.00
Officer
$0 $0 $0
Pina YadonisiTreasure 1119 SW 113 Way, Pembroke Pines, FL 33025 5.00
Officer
$0 $0 $0
Jenette Mathai 8619 SW 51 Street, Cooper City FL 33328 5.00
Officer
$0 $0 $0
Raiza Schubert 373 La Villa Dr, Miami Spring FL 33166 5.00
Officer
$0 $0 $0
Joanne Stringer 625 Santander Avenue, Coral Gables, FL 33134 5.00
Officer
$0 $0 $0
Giselle Munoz-Perez 2080 S. Ocean Dr. Apt 409 Hallandale Beach FL 33009 5.00
Officer
$0 $0 $0
Martin S Bermudez 6067 SW 27th Street, Miami FL 33155 5.00
Officer
$0 $0 $0
Juan Baixeras 9415 SW 72nd Street Suite 236, Miami FL 33173` 5.00
Officer
$0 $0 $0
Natalia Esparragoza 11203 NW 71st Ter, Doral FL 33178 5.00
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
2024 $1,564,916 $1,240,272 $1,522,688 $324,644
2024 $1,564,916 $1,240,272 $1,522,688 $324,644
2023 $1,434,961 $1,095,174 $1,199,945 $339,787
2022 $1,225,750 $924,741 $856,395 $301,009
2021 $1,015,355 $766,992 $557,042 $248,363
2020 $714,859 $566,878 $310,732 $147,981
2019 $840,755 $798,258 $155,930 $42,497
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