LUCY'S HEARTH (EIN 222566612) - 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

1984

Legal Domicile

Principal Officer

MALCOLM FARMER III

Phone

4018472021

Tax Period

2023-07-01 to 2024-06-30

LUCY'S HEARTH, founded in 1984, is a community nonprofit in the Housing & Shelter sector that reported $1.4M in total revenue in fiscal year 2023. Net assets of $4.0M represent 34 months of operating reserves.

Mission

TO ENSURE THAT ALL FAMILIES HAVE A PLACE TO CALL HOME

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,367,855

Program Service Revenue $17,818

Investment Income $48,039

Other Revenue $-13,158

TOTAL REVENUE $1,420,554

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,177,170

Other Expenses $1,486,272

TOTAL EXPENSES $1,486,272

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,420,554	$1,333,654	+0.1%
Expenses	$1,486,272	$1,059,437	+0.4%
Net Income	$-65,718	$274,217	-1.2%

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

N/A

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

$441,020

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FARRELL MARGARET	SECRETARY	2.00	Officer Director	$0	$0	$0
FARMER III MALCOLM	CHAIR	2.00	Officer Director	$0	$0	$0
CAFFERTY LISA	BOARD MEMBER	2.00	Director	$0	$0	$0
BROWNE GBATOH	BOARD MEMBER	2.00	Director	$0	$0	$0
O'MALLEY MATTHEW	BOARD MEMBER	2.00	Director	$0	$0	$0
GORMAN MARK	BOARD MEMBER	2.00	Director	$0	$0	$0
HOLLAND MCDUFF MARGARET	CEO	2.00	Officer	$0	$30,643	$441,020
WADDINGTON ROBERT	TREASURER	2.00	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
2025	No data	No data	No data	No data
2024	$1,420,554	$1,486,272	$5,208,338	$-65,718
2023	$1,333,654	$1,059,437	$5,038,108	$274,217
2022	$1,181,036	$1,010,138	$4,778,745	$170,898
2021	$1,058,638	$1,084,270	$4,638,826	$-25,632
2020	$1,155,150	$878,329	$4,599,802	$276,821
2019	$697,573	$782,702	$4,301,723	$-85,129

LUCY'S HEARTH