HEART FOR CHILDREN INC (EIN 261577626) - 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

Principal Officer

JIMMY SALTER

Phone

8324837152

Tax Period

2024-01-01 to 2024-12-31

HEART FOR CHILDREN INC, founded in 2007, is a small nonprofit in the Education sector that reported $648K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

TO FUND LIVING EXPENSES AND EDUCATION FOR POVERTY - STRICKEN CHILDREN.

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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 $581,890

Program Service Revenue $64,731

Investment Income $1,197

Other Revenue $0

TOTAL REVENUE $647,818

Expense Breakdown

Grants Paid $583,328

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $626,261

Other Expenses $101,654

TOTAL EXPENSES $684,982

Year-over-Year Comparison

	2024	2023	Change
Revenue	$647,818	$588,787	+0.1%
Expenses	$684,982	$641,968	+0.1%
Net Income	$-37,164	$-53,181	-0.3%

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

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
FRANCISCO CAMPOS	DIRECTOR	N/A	Director	$0	$0	$0
TAMARA COOK	DIRECTOR	N/A	Director	$0	$0	$0
MIKE DELANEY	DIRECTOR	N/A	Director	$0	$0	$0
STEVE ISGITT	DIRECTOR	N/A	Director	$0	$0	$0
RAY PEREIRA	DIRECTOR	N/A	Director	$0	$0	$0
DANIEL ROSE	DIRECTOR	N/A	Director	$0	$0	$0
JIMMY SALTER	CHAIRPERSON	N/A	Officer Director	$0	$0	$0
DUNNY WANSTRATH	TREASURER	N/A	Officer Director	$0	$0	$0
LOUDEN WELLS	DIRECTOR	N/A	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
2025	No data	No data	No data	No data
2024	$647,818	$684,982	$360,765	$-37,164
2023	$588,787	$641,968	$388,896	$-53,181
2022	$410,284	$490,296	$449,724	$-80,012
2021	$528,853	$404,618	$517,691	$124,235
2020	$556,618	$379,166	$391,950	$177,452
2019	$451,561	$416,874	$214,498	$34,687

HEART FOR CHILDREN INC