HEALING TRANSITIONS ENDOWMENT INC

EIN: 264280995 501(c)(3) Philanthropy & Grantmaking

RALEIGH, NC

Total Revenue
$216,807
Total Expenses
$13,120
Total Assets
$2,331,455
Net Assets
$2,331,455
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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
NC
Principal Officer
JENN HUDSON
Phone
9198389800
Tax Period
2024-01-01 to 2024-12-31

HEALING TRANSITIONS ENDOWMENT INC, founded in 2008, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $217K in total revenue in fiscal year 2024. Revenue surged 152% from the prior year, signaling strong growth momentum. The organization ran a surplus of $204K, a strong 94% operating margin.

Mission

OUR MISSION IS TO SUPPORT HEALING TRANSITIONS, INC. WHICH OFFERS INNOVATIVE PEER-BASED, RECOVERY-ORIENTED SERVICES TO HOMELESS, UNINSURED AND UNDERSERVED INDIVIDUALS WITH ALCOHOLISM AND OTHER DRUG ADDICTIONS. OUR PROGRAM IS SPECIFICALLY DESIGNED TO REKINDLE A PERSON'S DESIRE AND ABILITY TO RETURN TO A MEANINGFUL AND PRODUCTIVE LIFE.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $48,742
Program Service Revenue $0
Investment Income $168,065
Other Revenue $0
TOTAL REVENUE $216,807

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $13,120
TOTAL EXPENSES $13,120

Year-over-Year Comparison

2024 2023 Change
Revenue $216,807 $86,043 +1.5%
Expenses $13,120 $10,112 +0.3%
Net Income $203,687 $75,931 +1.7%
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

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Governance

Voting Members
10
Independent Members
10
Employees
N/A
Volunteers
25

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
3
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JERRY WEAVER CHAIR 1.00
Officer Director
$0 $0 $0
RICHARD GAYLORD VICE CHAIR 1.00
Officer Director
$0 $0 $0
SCOTT MAUZY TREASURER/SECRETARY 1.00
Officer Director
$0 $0 $0
DAVID FITZPATRICK IMMEDIATE PAST CHAIR 1.00
Director
$0 $0 $0
EVELYN BARBER TRUSTEE 1.00
Director
$0 $0 $0
DOUG FORD TRUSTEE 1.00
Director
$0 $0 $0
BOB GOODALE TRUSTEE (TO: 7/24) 1.00
Director
$0 $0 $0
BARBARA GOODMON TRUSTEE 1.00
Director
$0 $0 $0
SUSANNE HAYES TRUSTEE 1.00
Director
$0 $0 $0
DARRYL WEST TRUSTEE 1.00
Director
$0 $0 $0
LEON WOODRUFF 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 $216,807 $13,120 $2,331,455 $203,687
2023 $86,043 $10,112 $2,253,517 $75,931
2022 $54,893 $9,897 $1,944,538 $44,996
2021 $111,472 $11,584 $2,172,332 $99,888
2020 $7,496 $12,035 $1,957,816 $-4,539
2019 $67,413 $512,184 $1,894,399 $-444,771
2018 $131,630 $19,560 $1,893,548 $112,070
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