LIVING HEART FOUNDATION INC (EIN 223796078) - 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

2001

Legal Domicile

Principal Officer

ARTHUR J ROBERTS

Phone

7328428336

Tax Period

2024-01-01 to 2024-12-31

LIVING HEART FOUNDATION INC, founded in 2001, is a small nonprofit in the Diseases & Disorders sector that reported $345K in total revenue in fiscal year 2024.

Mission

TO COMBAT CARDIOVASCULAR DISEASE BY EDUCATION, RESEARCH, SCREENING AND INTERACTIONAL PROGRAMS

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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 $345,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $345,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $147,590

Fundraising Expenses $0

Program Expenses $319,121

Other Expenses $229,384

TOTAL EXPENSES $376,974

Year-over-Year Comparison

	2024	2023	Change
Revenue	$345,000	$325,075	+0.1%
Expenses	$376,974	$416,163	-0.1%
Net Income	$-31,974	$-91,088	-0.6%

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

N/A

Employees

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ARTHUR J ROBERTS	DIRECTOR	20.00	Officer Director	$0	$0	$0
TIMOTHY FALLON	TRUSTEE	10.00	Director	$0	$0	$0
ROBERT MCCUNNEY	TRUSTEE	10.00	Director	$0	$0	$0
EDWARD MALMSTRAM	TRUSTEE	10.00	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	$345,000	$376,974	$9,537	$-31,974
2023	$325,075	$416,163	$29,874	$-91,088
2022	$325,008	$337,389	$120,197	$-12,381
2021	$324,997	$189,886	$138,388	$135,111
2020	$340,125	$304,183	$50,392	$35,942
2019	$340,822	$369,857	$13,469	$-29,035
2018	$336,103	$295,202	$34,804	$40,901

LIVING HEART FOUNDATION INC