The Hamels Foundation Inc (EIN 263128059) - Form 990 Financial Analysis & Trantor Score

🔒

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

2008

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

The Hamels Foundation Inc, founded in 2008, is a micro nonprofit in the Human Services sector that reported $46K in total revenue in fiscal year 2023. Revenue surged 109% from the prior year, signaling strong growth momentum. Expenses of $122K exceeded revenue, resulting in a 167% operating deficit.

Mission

THE HAMELS FOUDATION IS DEDICATED TO ENRICHING THE LIVES OF CHILDREN THROUGH THE POWER OF EDUCATION BY GIVING THEM THE TOOLS THEY NEED TO ACHIEVE THEIR GOALS.

🔒

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 $21,942

Program Service Revenue $0

Investment Income $23,747

Other Revenue $0

TOTAL REVENUE $45,689

Expense Breakdown

Grants Paid $47,863

Salaries & Benefits $17,535

Fundraising Expenses $80

Program Expenses $90,986

Other Expenses $56,547

TOTAL EXPENSES $121,945

Year-over-Year Comparison

	2023	2022	Change
Revenue	$45,689	$21,894	+1.1%
Expenses	$121,945	$124,115	0.0%
Net Income	$-76,256	$-102,221	-0.3%

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

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

$15,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kathleen Greene	Chief Operations Officer	40.00	Officer	$15,000	$0	$15,000
Stuart ONeal III	Board President	0.50	Officer Director	$0	$0	$0
Rob Keegan	Board Vice President	0.50	Officer Director	$0	$0	$0
Sophie Riegel	Head Board Chair	0.50	Officer Director	$0	$0	$0
Heidi Hamels	President	10.00	Officer Director	$0	$0	$0
BJ Richardson	Board SecretaryTreasurer	0.50	Officer	$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	$45,689	$121,945	$890,007	$-76,256
2022	$66,663	$149,052	$905,227	$-82,389
2021	$86,913	$220,295	$1,140,455	$-133,382
2020	$92,531	$271,152	$1,101,820	$-178,621
2019	$551,581	$384,296	$1,215,945	$167,285
2018	$462,254	$339,552	$886,907	$122,702

The Hamels Foundation Inc