HEARTS WITH HOPE FOUNDATION INC (EIN 208411878) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2007

Legal Domicile

Principal Officer

PATRICK CHAPMAN

Phone

2812165355

Tax Period

2024-01-01 to 2024-12-31

HEARTS WITH HOPE FOUNDATION INC, founded in 2007, is a community nonprofit in the Mental Health sector that reported $1.6M in total revenue in fiscal year 2024. Revenue fell 36% from the prior year — a significant decline worth monitoring. Expenses of $1.8M exceeded revenue, resulting in a 15% operating deficit.

Mission

HOUSING AND TRAINING FOR TROUBLED AND ABUSED GIRLS FOR THE STATE OF TEXAS

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,590,491

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,590,491

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,363,413

Fundraising Expenses $0

Program Expenses $1,815,782

Other Expenses $473,447

TOTAL EXPENSES $1,836,860

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,590,491	$2,487,686	-0.4%
Expenses	$1,836,860	$1,833,912	+0.0%
Net Income	$-246,369	$653,774	-1.4%

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

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

$203,884

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	EXECUTIVE DIRECTOR	50.00	Director	$117,079	$0	$117,079
N/A	TREASURER	5.00	Director	$0	$0	$0
N/A	PRESIDENT	5.00	Director	$0	$0	$0
N/A	SECRETARY	5.00	Director	$0	$0	$0
N/A	PROGRAM DIRECTOR	50.00	Director	$86,805	$0	$86,805
N/A	BOARD MEMBER	5.00	Director	$0	$0	$0
N/A	BOARD MEMBER	5.00	Director	$0	$0	$0
N/A	BOARD MEMBER	5.00	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
2024	$1,590,491	$1,836,860	$2,114,406	$-246,369
2023	$2,487,686	$1,833,912	$2,423,036	$653,774
2022	$1,531,113	$1,509,854	$1,779,386	$21,259
2021	$1,403,525	$1,476,147	$1,745,827	$-72,622
2020	$2,184,452	$1,956,069	$1,961,124	$228,383

HEARTS WITH HOPE FOUNDATION INC