HART EMC FOUNDATION INC (EIN 263910876) - 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

PAM GORDON

Phone

8002414109

Tax Period

2023-01-01 to 2023-12-31

HART EMC FOUNDATION INC, founded in 2009, is a small nonprofit in the Education sector that reported $358K in total revenue in fiscal year 2023. Revenue surged 185% from the prior year, signaling strong growth momentum. The organization ran a surplus of $128K, a strong 36% operating margin.

Mission

THE PURPOSE OF THE FOUNDATION IS TO ACCUMULATE AND DISBURSE FUNDS FOR CHARITABLE PURPOSES IN THE SERVICE AREA OF HART EMC.

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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 $357,593

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $357,593

Expense Breakdown

Grants Paid $229,202

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $229,202

Other Expenses $0

TOTAL EXPENSES $229,202

Year-over-Year Comparison

	2023	2022	Change
Revenue	$357,593	$125,684	+1.8%
Expenses	$229,202	$216,682	+0.1%
Net Income	$128,391	$-90,998	-2.4%

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
PAM GORDON	CHAIRMAN	1.00	Officer Director	$0	$0	$0
SALLY GULLEY	VICE CHAIRMA	1.00	Officer Director	$0	$0	$0
NANCY BESSINGER	SECRETARY-TR	1.00	Officer Director	$0	$0	$0
ROBYN VAUGHN	TRUSTEE	1.00	Director	$0	$0	$0
JEAN TURNER	TRUSTEE	1.00	Director	$0	$0	$0
ELLA BLADWIN	TRUSTEE	1.00	Director	$0	$0	$0
GARY MINYARD	TRUSTEE	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	No data	No data	No data	No data
2023	$357,593	$229,202	$265,766	$128,391
2022	$125,684	$216,682	$137,375	$-90,998
2021	$317,609	$248,314	$228,373	$69,295
2019	$357,208	$213,894	$294,110	$143,314

HART EMC FOUNDATION INC