INDIANAPOLIS, IN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)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.
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.
OUR MISSION IS HELPING FAMILIES AND INDIVIDUALS ATTAIN AFFORDABLE, LONG-TERM HOMEOWNERSHIP IN THE NEAR WEST SIDE OF INDIANAPOLIS BY PROVIDING EDUCTION, MENTORING, AND QUALITY REHABILITATED HOMES. BY...
OUR MISSION IS HELPING FAMILIES AND INDIVIDUALS ATTAIN AFFORDABLE, LONG-TERM HOMEOWNERSHIP IN THE NEAR WEST SIDE OF INDIANAPOLIS BY PROVIDING EDUCTION, MENTORING, AND QUALITY REHABILITATED HOMES. BY HELPING FAMILIES ACHIEVE LONG-TERM HOMEOWNERSHIP, HEARTS & HANDS ALSO HELPS FAMILIES ATTAIN THE MANY BENEFITS RELATED TO HOMEOWNERSHIP, INCLUDING INCREASED CIVIC ENGAGEMENT, IMPROVED PSYCHOLOGICAL AND PHYSICAL HEALTH, EDUCATION ACHIEVEMENT, AND IMPROVED PROPERTY VALUE. THESE BENEFITS, IN TURN, ENABLE FAMILIES TO CONTRIBUTE TO THE OVERALL STABILITY OF THE NEIGHBORHOOD.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 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% |
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
Sign In| 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 |
| 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 |
Compare HEARTS & HANDS OF INDIANA CORPORATION with other nonprofits in Indiana and across the country.