Molding Hearts (EIN 263863657) - 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

2009

Legal Domicile

Principal Officer

Lakita Johnson

Phone

9514648587

Tax Period

2024-01-01 to 2024-12-31

Molding Hearts, founded in 2009, is a community nonprofit in the Human Services sector that reported $2.0M in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year.

Mission

Molding Heartsis a residential community designed to enrich and empower adults with life disabilities by providing quality residential care, community services, recreation, life skills, and occupational skills training.

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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 $0

Program Service Revenue $0

Investment Income $0

Other Revenue $2,009,708

TOTAL REVENUE $2,009,708

Expense Breakdown

Grants Paid $0

Salaries & Benefits $558,163

Fundraising Expenses $0

Program Expenses $2,009,708

Other Expenses $1,451,545

TOTAL EXPENSES $2,009,708

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,009,708	$2,304,509	-0.1%
Expenses	$2,009,708	$2,212,392	-0.1%
Net Income	$0	$92,117	-1.0%

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	Role	Reportable Comp	Other Comp	Total
Lakita Johnson	President	Officer	$0	$0	$0
Celeste de la Torre	Chief Financial Officer	Officer	$0	$0	$0
Gary Washington	Secretary	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	$2,009,708	$2,009,708	No data	No data
2023	$2,304,509	$2,212,392	No data	$92,117
2022	$700,077	$179,977	No data	$520,100
2021	$2,925,553	$2,925,553	No data	No data
2021	$2,925,553	$3,092,431	No data	$-166,878
2020	$2,630,400	$2,570,482	No data	$59,918
2018	$289,760	$289,760	No data	No data

Molding Hearts