HEARTS & HANDS OF INDIANA CORPORATION (EIN 270497482) - 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

JOHN W KELLER CPA

Phone

3175437740

Tax Period

2021-01-01 to 2021-12-31

HEARTS & HANDS OF INDIANA CORPORATION, founded in 2009, is a small nonprofit that reported $200K in total revenue in fiscal year 2021. Revenue fell 29% from the prior year — a significant decline worth monitoring. Expenses of $403K exceeded revenue, resulting in a 102% operating deficit.

Mission

HEARTS & HANDS IS A NONPROFIT ORGANIZATION THAT HELPS FAMILIES AND INDIVIDUALS ATTAIN AFFORDABLE LONG-TERM HOMEOWNERSHIP IN THE NEAR WEST NEIGHBORHOOD OF INDIANAPOLIS BY PROVIDING EDUCATION, MENTORING, AND QUALITY REHABILITATED HOMES.

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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 (2021)

Revenue Breakdown

Contributions & Grants $317

Program Service Revenue $199,705

Investment Income $0

Other Revenue $97

TOTAL REVENUE $200,119

Expense Breakdown

Grants Paid $144,937

Salaries & Benefits $10,601

Fundraising Expenses $0

Program Expenses $382,156

Other Expenses $247,922

TOTAL EXPENSES $403,460

Year-over-Year Comparison

	2021	2020	Change
Revenue	$200,119	$283,306	-0.3%
Expenses	$403,460	$523,846	-0.2%
Net Income	$-203,341	$-240,540	-0.2%

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

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
TOM EGOLD	PRESIDENT	15.00	Officer Director	$0	$0	$0
RAY ROEMBKE	VICE-PRESIDENT	5.00	Officer Director	$0	$0	$0
GREG DAEGER	SECRETARY	10.00	Officer Director	$0	$0	$0
JOHN KELLER	TREASURER	5.00	Officer Director	$0	$0	$0
FR JUAN VALDES	CHAIRMAN	1.00	Director	$0	$0	$0
FR JOHN MCCASLIN	DIRECTOR	1.00	Director	$0	$0	$0
PAUL CORSARO	DIRECTOR	1.00	Director	$0	$0	$0
PHYLLIS USHER	DIRECTOR	1.00	Director	$0	$0	$0
CAROL SEIMETZ	DIRECTOR	1.00	Director	$0	$0	$0
STEVE RASMUSSEN	DIRECTOR	15.00	Director	$0	$0	$0
JOHN SCHIFF	LEGAL COUNSEL/DIRECTOR	10.00	Director	$0	$0	$0
MATT FOX	DIRECTOR	1.00	Director	$0	$0	$0
MIKE RIDDLE	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
2021	$200,119	$403,460	No data	$-203,341
2020	$283,306	$523,846	$205,815	$-240,540
2019	$578,431	$466,618	$570,108	$111,813
2018	$628,429	$526,766	$466,077	$101,663

HEARTS & HANDS OF INDIANA CORPORATION