HEARTS AND HOMES OF ARKANSAS INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2009

Legal Domicile

Principal Officer

ANDREA S ALFORD

Phone

5012252020

Tax Period

2023-01-01 to 2023-12-31

HEARTS AND HOMES OF ARKANSAS INC, founded in 2009, is a community nonprofit in the Recreation & Sports sector that reported $1.9M in total revenue in fiscal year 2023. Revenue surged 1759% from the prior year, signaling strong growth momentum. Expenses of $1.8M left a modest 4% surplus.

Mission

HEARTS AND HOMES OF ARKANSAS, INC. WAS ORGANIZED TO MAKE GRANTS TO OR ON BEHALF OF RESIDENTS OF THE STATE OF ARKANSAS IN NEED OF IMMEDIATE BUT TEMPORARY HOUSING-RELATED FINANCIAL ASSISTANCE CAUSED BY A NATURAL DISASTER OR OTHER CATASTROPHIC EVENT.

Program Service Accomplishments

Program 1

Expenses: $1,814,718

HEARTS AND HOMES OF ARKANSAS, INC. MADE GRANTS TOTALLING $1,762,218 TO AND/OR ON BEHALF OF APPROXIMATELY NINE HUNDRED FAMILIES IN NEED OF TEMPORARY FINANCIAL ASSISTANCE FOR HOUSING-RELATED...

HEARTS AND HOMES OF ARKANSAS, INC. MADE GRANTS TOTALLING $1,762,218 TO AND/OR ON BEHALF OF APPROXIMATELY NINE HUNDRED FAMILIES IN NEED OF TEMPORARY FINANCIAL ASSISTANCE FOR HOUSING-RELATED EXPENDITURES IN THE AFTERMATH OF YEAR 2023 TORNADOS AFFECTING CENTRAL ARKANSAS AND NORTHEAST ARKANSAS. IN ADDITION, GRANTS TOTALING $52,500 WERE MADE TO OTHER RELIEF ORGANIZATIONS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,887,915

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,887,915

Expense Breakdown

Grants Paid $1,814,718

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,814,718

Other Expenses $3,312

TOTAL EXPENSES $1,818,030

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,887,915	$101,563	+17.6%
Expenses	$1,818,030	$236,810	+6.7%
Net Income	$69,885	$-135,247	-1.5%

Key Indicators

✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
BOB DODSON	Director	2.00	Director	$0	$0	$0
LESLIE SAMPLE	Director	2.00	Director	$0	$0	$0
VELDA LUEDERS	SEC/TREAS	2.00	Officer Director	$0	$0	$0
DANA GREEN	Director	2.00	Director	$0	$0	$0
SUSAN VAUGHT	Director	2.00	Director	$0	$0	$0
WILLIAM OLSON	Director	2.00	Director	$0	$0	$0
JOHN BELDEN SR	Director	2.00	Director	$0	$0	$0
KENDRA BRUCE	Chairman	2.00	Officer Director	$0	$0	$0
ASHTON TODD	Director	2.00	Director	$0	$0	$0
KATHLEEN FREEMAN	Director	2.00	Director	$0	$0	$0
FRANKIE RIVERS	VICE CHAIR	2.00	Officer Director	$0	$0	$0
JAN DYER	Director	2.00	Director	$0	$0	$0
KAREN CROWSON	Director	2.00	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	No data	No data	No data	No data
2023	$1,887,915	$1,818,030	$365,964	$69,885
2020	$186,002	$150,411	$296,751	$35,591