24 HOURS FOR HANK INC (EIN 262856413) - 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

BRIAN STURGESS

Phone

2082558255

Tax Period

2024-01-01 to 2024-12-31

24 HOURS FOR HANK INC, founded in 2008, is a micro nonprofit in the Diseases & Disorders sector that reported $45K in total revenue in fiscal year 2024. Revenue fell 58% from the prior year — a significant decline worth monitoring. Expenses of $68K exceeded revenue, resulting in a 51% operating deficit.

Mission

RAISING FUNDS FOR MEDICAL RESEARCH FOR DISEASE CYSTINOSIS

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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 $18,250

Program Service Revenue $0

Investment Income $1,721

Other Revenue $24,773

TOTAL REVENUE $44,744

Expense Breakdown

Grants Paid $50,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $55,000

Other Expenses $17,643

TOTAL EXPENSES $67,643

Year-over-Year Comparison

	2024	2023	Change
Revenue	$44,744	$105,310	-0.6%
Expenses	$67,643	$7,548	+8.0%
Net Income	$-22,899	$97,762	-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
ROBERT TIMMONS	PRESIDENT	1.00	Officer Director	$0	$0	$0
BRIAN STURGIS	VICE-PRESIDENT	1.00	Officer Director	$0	$0	$0
ADAM SHARP	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN TIMMONS	DIRECTOR	1.00	Director	$0	$0	$0
RUSS SCHMALTZ	DIRECTOR	1.00	Director	$0	$0	$0
MATT GILLIS	DIRECTOR	1.00	Director	$0	$0	$0
PHIL CURRIE	DIRECTOR	1.00	Director	$0	$0	$0
JOEL ZIMMERMAN	DIRECTOR	1.00	Director	$0	$0	$0
KRISTIN SOUERS	DIRECTOR	1.00	Director	$0	$0	$0
DOUG CAMERON	DIRECTOR	1.00	Director	$0	$0	$0
BRENT OTTER	DIRECTOR	1.00	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	$44,744	$67,643	$213,622	$-22,899
2023	$105,310	$7,548	$236,520	$97,762
2022	$134,019	$143,484	$138,758	$-9,465
2019	$183,212	$210,255	$63,020	$-27,043
2018	$200,613	$183,652	$90,063	$16,961

24 HOURS FOR HANK INC