HEARTLAND FOOD RESERVOIR INC (EIN 208234466) - 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

2007

Legal Domicile

Principal Officer

VICTORIA DALE

Phone

8633857885

Tax Period

2024-01-01 to 2024-12-31

HEARTLAND FOOD RESERVOIR INC, founded in 2007, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $245K in total revenue in fiscal year 2024. Expenses of $297K exceeded revenue, resulting in a 21% operating deficit.

Mission

TEAMS TOGETHER WITH THE LOCAL COMMUNITY TO HELP END HUNGER IN THE HIGHLANDS COUNTY AREA. H/F/R (OPERATING AS THE HEARTLAND FOOD BANK), ACCUMULATES AND STORES QUALITY FOOD SO IT CAN BE RE-DISTRIBUTED.

🔒

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 $155,318

Program Service Revenue $88,582

Investment Income $1,207

Other Revenue $0

TOTAL REVENUE $245,107

Expense Breakdown

Grants Paid $0

Salaries & Benefits $174,552

Fundraising Expenses $0

Program Expenses $270,576

Other Expenses $122,376

TOTAL EXPENSES $296,928

Year-over-Year Comparison

	2024	2023	Change
Revenue	$245,107	$239,814	+0.0%
Expenses	$296,928	$295,504	+0.0%
Net Income	$-51,821	$-55,690	-0.1%

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

Employees

Volunteers

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
DON CHILDRESS	DIRECTOR	20.00	Director	$0	$0	$0
GAYLIN THOMAS	DIRECTOR	2.00	Director	$0	$0	$0
DEAN HARLOFF	TREASURER	3.00	Officer Director	$0	$0	$0
SARA ROSENBAUM	SEC-TREASURER	8.00	Officer Director	$0	$0	$0
VICTORIA DALE	CHAIR	0.00	Officer Director	$0	$0	$0
ROBERT MCNEILLEY	EXECUTIVE DIRECTOR	45.00	Highest	$0	$0	$0
DENNIS GRIFFIN	DIRECTOR	2.00		$0	$0	$0
DR MICHAEL MCLEOD	DIRECTOR	2.00		$0	$0	$0
KEVIN PATTERSON	DIRECTOR	5.00		$0	$0	$0
HEDDY SCAGGS	DIRECTOR	2.00		$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	$245,107	$296,928	$396,386	$-51,821
2023	$239,814	$295,504	$453,058	$-55,690
2022	$217,392	$305,669	$514,858	$-88,277
2021	$318,185	$287,249	$606,761	$30,936
2020	$381,417	$180,751	$583,865	$200,666
2019	$203,787	$163,042	$389,177	$40,745

HEARTLAND FOOD RESERVOIR INC