FRIENDS OF HEARTS FOR HONDURAS FOUNDATION INC (EIN 260593686) - 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

Tax Period

2023-01-01 to 2023-12-31

FRIENDS OF HEARTS FOR HONDURAS FOUNDATION INC, founded in 2007, is a small nonprofit in the Education sector that reported $385K in total revenue in fiscal year 2023. The organization ran a surplus of $282K, a strong 73% operating margin.

Mission

PRIMARY AND SECONDARY EDUCATION SUPPORT FOR FRIENDS OF HEARTS FOR HONDURAS SCHOOL

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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 $97,214

Program Service Revenue $0

Investment Income $288,023

Other Revenue $0

TOTAL REVENUE $385,237

Expense Breakdown

Grants Paid $90,000

Salaries & Benefits $0

Fundraising Expenses $1,163

Program Expenses $90,000

Other Expenses $13,371

TOTAL EXPENSES $103,371

Year-over-Year Comparison

	2023	2022	Change
Revenue	$385,237	$404,226	0.0%
Expenses	$103,371	$207,154	-0.5%
Net Income	$281,866	$197,072	+0.4%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID FREY	TRUSTEE	3.00	Director	$0	$0	$0
ELIZABETH BARICKMAN	TRUSTEE	3.00	Director	$0	$0	$0
ALLISON HANSEN	TRUSTEE	3.00	Director	$0	$0	$0
STEVE ALLEN	TRUSTEE	3.00	Director	$0	$0	$0
MARK BARICKMAN	TRUSTEE	3.00	Director	$0	$0	$0
SUSAN ROOS	PRESIDENT	3.00	Officer Director	$0	$0	$0
BONNIE FREY	TREASURER	5.00	Officer Director	$0	$0	$0
NANCY COTO	SECRETARY	3.00	Officer 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	No data	No data	No data	No data
2023	$385,237	$103,371	$4,370,173	$281,866
2022	$404,226	$207,154	$3,949,219	$197,072
2021	$596,289	$181,450	$4,655,561	$414,839
2020	$454,760	$218,740	$4,060,490	$236,020
2019	$601,703	$84,173	$3,447,156	$517,530
2018	$626,356	$62,774	$2,488,963	$563,582

FRIENDS OF HEARTS FOR HONDURAS FOUNDATION INC