HOPING HEARTS FOUNDATION INC (EIN 271966036) - 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

2010

Legal Domicile

Principal Officer

CHUCK FORTENER

Phone

5132354725

Tax Period

2024-01-01 to 2024-12-31

HOPING HEARTS FOUNDATION INC, founded in 2010, is a community nonprofit in the Human Services sector that reported $3.4M in total revenue in fiscal year 2024. Expenses of $3.1M left a modest 10% surplus.

Mission

THE HOPING HEARTS FOUNDATION WAS CREATED TO BRING FOCUS TO THE GROWING WORLD-WIDE ORPHAN PROBLEM, ADDRESS THE CAUSES LEADING TO CHILDREN BECOMING ORPHANS, AND SUPPORT FAMILIES IN THEIR QUEST TO ADOPT WITH FINANCIAL ASSISTANCE AND TIMELY INFORMATION TO FACILITATE THE ADOPTION PROCESS.

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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 $3,082,021

Program Service Revenue $0

Investment Income $122,425

Other Revenue $183,570

TOTAL REVENUE $3,388,016

Expense Breakdown

Grants Paid $2,633,734

Salaries & Benefits $198,670

Fundraising Expenses $78,941

Program Expenses $2,875,035

Other Expenses $218,504

TOTAL EXPENSES $3,050,908

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,388,016	$3,393,381	0.0%
Expenses	$3,050,908	$3,142,694	0.0%
Net Income	$337,108	$250,687	+0.3%

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

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

$60,000

Total Directors

$60,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHARLES L FORTENER	FOUNDER/PRESIDENT AND BOAR	25.00	Officer Director	$60,000	$0	$60,000
THOMAS J ROTTERMAN	BOARD MEMBER	0.25	Director	$0	$0	$0
CONNIE ROTTERMAN	BOARD MEMBER	0.25	Director	$0	$0	$0
MICHAEL D GRIMES	BOARD MEMBER	0.25	Director	$0	$0	$0
DANIEL CHIP JAMES	BOARD MEMBER	0.25	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	$3,388,016	$3,050,908	$4,669,341	$337,108
2023	$3,393,381	$3,142,694	$4,282,762	$250,687
2022	$3,267,194	$2,724,208	$3,956,782	$542,986
2021	$3,262,277	$3,156,503	$3,389,539	$105,774
2020	$3,353,732	$2,995,683	$3,302,194	$358,049
2019	$4,346,464	$3,941,922	$2,915,013	$404,542
2018	$4,548,018	$4,313,449	$2,245,600	$234,569

HOPING HEARTS FOUNDATION INC