MERGING HEARTS SPIRITUAL CENTER INC (EIN 261988319) - 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

2008

Legal Domicile

Principal Officer

CASSANDRA SHAW

Tax Period

2023-01-01 to 2023-12-31

MERGING HEARTS SPIRITUAL CENTER INC, founded in 2008, is a micro nonprofit in the Health Care sector that reported $16K in total revenue in fiscal year 2023. Revenue fell 84% from the prior year — a significant decline worth monitoring. Expenses of $32K exceeded revenue, resulting in a 106% operating deficit.

Mission

TO PROVIDE A FACILITY AND OPPORTUNITY TO NURTURE THE MIND, HEAL THE BODY, AND AWAKEN THE SPIRIT.

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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 $2,602

Program Service Revenue $10,850

Investment Income $1,998

Other Revenue $283

TOTAL REVENUE $15,733

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $32,396

Other Expenses $32,396

TOTAL EXPENSES $32,396

Year-over-Year Comparison

	2023	2022	Change
Revenue	$15,733	$100,346	-0.8%
Expenses	$32,396	$14,579	+1.2%
Net Income	$-16,663	$85,767	-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

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
CASSANDRA SHAW	PRESIDENT	N/A	Officer Director	$0	$0	$0
MATTIE MATHIS	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
LISA LEE	TREASURER	N/A	Officer Director	$0	$0	$0
NANCY SAULNIER	SECRETARY	N/A	Officer Director	$0	$0	$0
BO RAMSEY	BOARD MEMBER	N/A	Director	$0	$0	$0
KATHY JEVEC	BOARD MEMBER	N/A	Director	$0	$0	$0
MICHAEL DURBIN	BOARD MEMBER	N/A	Director	$0	$0	$0
GLORIA MCALISTER	BOARD MEMBER	N/A	Director	$0	$0	$0
HEATHER PETERSON	BOARD MEMBER	N/A	Director	$0	$0	$0
JOHN BAUER	BOARD MEMBER	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
2023	$15,733	$32,396	$93,732	$-16,663
2022	$100,346	$14,579	$110,395	$85,767

MERGING HEARTS SPIRITUAL CENTER INC