HARVODES BEREAVEMENT LOSS CENTER

EIN: 208455510 501(c)(3) Human Services

SAINT CLOUD, MN

Total Revenue
$33,012
Total Expenses
$44,426
Total Assets
$168,738
Net Assets
$168,738
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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
MN
Principal Officer
BILLY M ANDERSON
Tax Period
2022-01-01 to 2022-12-31

HARVODES BEREAVEMENT LOSS CENTER, founded in 2007, is a micro nonprofit in the Human Services sector that reported $33K in total revenue in fiscal year 2022. Expenses of $44K exceeded revenue, resulting in a 35% operating deficit.

Mission

TO PROVIDE MENTAL HEALTH SERVICES TO SOMALI REFUGEE FAMILIES AND CHILDREN WHO HAVE BEEN VICTIMS OF TORTURE.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $33,012
Investment Income $0
Other Revenue $0
TOTAL REVENUE $33,012

Expense Breakdown

Grants Paid $0
Salaries & Benefits $24,680
Fundraising Expenses $0
Program Expenses $42,396
Other Expenses $19,746
TOTAL EXPENSES $44,426

Year-over-Year Comparison

2022 2021 Change
Revenue $33,012 N/A N/A
Expenses $44,426 N/A N/A
Net Income $-11,414 N/A N/A
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
4
Independent Members
3
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
1
$4,800
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BILLY M ANDERSON EXECUTIVE DIRECTOR 10.00
Officer
$4,800 $0 $4,800
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
2022 $33,012 $44,426 $168,738 $-11,414
2021 $87,777 $25,709 $180,152 $62,068
2020 $39,474 $66,628 $118,084 $-27,154
2019 $129,623 $136,881 $145,238 $-7,258
2018 $165,142 $154,908 $152,496 $10,234
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